Press release
Cashews Market worth $12.22 billion by 2030, growing at a CAGR of 5.82% - Exclusive Report by 360iResearch
The "Cashews Market by Grade (W - 240, W - 180, W - 210), Distribution Channel (Offline, Online) - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Cashews Market to grow from USD 8.22 billion in 2023 to USD 12.22 billion by 2030, at a CAGR of 5.82%.
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The cashew is a tropical tree that is native to the Brazilian Amazon forest, which is now widely cultivated in various tropical climates around the globe. Cashews are particularly renowned for their distinctive, kidney-shaped seeds. Cashews are prized for their buttery texture and mild flavor, making them an ingredient in various culinary dishes and being consumed roasted and salted as a snack. They also find use in the production of cashew oil and cashew butter. The drivers include the growing demand for healthy snacks among health-conscious consumers worldwide. The rising popularity of vegan diets and increasing awareness of the nutritional benefits of nuts, including cashews, contribute to growth. Expanding retail distribution channels and the burgeoning food processing industry also serve as significant catalysts for the consumption of cashew nuts. However, challenges such as the volatility of raw cashew prices and susceptibility to climate change, impact production yields. Additionally, labor-intensive harvesting and processing activities raise concerns over labor rights and costs. Strict quality control regulations and potential supply chain disruptions, including those from geopolitical tensions or pandemics, further challenge stability. Opportunities include the potential for product innovation, such as flavored cashews and cashew-based dairy alternatives, which cater to diverse consumer preferences. The growth in emerging markets presents a significant opportunity for expanding cashew consumption due to rising disposable incomes and urbanization. Furthermore, using cashews in confectionery, bakery products, and new vegan products offers additional opportunities for players.
Market Segmentation & Coverage:
This research report categorizes the Cashews Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Grade, market is studied across W - 240, W - 180, W - 210, W - 320, and W - 450. The W - 240 is projected to witness significant market share during forecast period.
Based on Distribution Channel, market is studied across Offline and Online. The Online is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Cashews Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Cashews Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Cashews Market, highlighting leading vendors and their innovative profiles. These include Aayush Cashew Industries, Achal Group, Alphonsa Cashew Industries, Bardakci Group, Bismi Cashew Company, Delicious Cashew (Factory), Delphi Organic GmbH, Divine Foods, LLC, DVK Group, Haldiram Foods International Pvt. Ltd, K Subraya Anantha Kamath And Sons, Kalbavi Consumer Foods Private Limited, M/s. Senapati Agro, Nirvaanic Life Foods Private Limited, Nutrich Foods Pvt. Ltd., Nutsco, Olam Group, Paranjape Agro Products (India) Private Limited, Prime Nuts FZE, Royal Dryfruits Pvt. Ltd., Sahyadri Farms Post Harvest Care Ltd., Shivam Cashew Industry, Sunorganic Industries Pvt. Ltd., and Vietnam Cashew Processing Co..
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Cashews Market, by Grade
7. Cashews Market, by Distribution Channel
8. Americas Cashews Market
9. Asia-Pacific Cashews Market
10. Europe, Middle East & Africa Cashews Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Cashews Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Cashews Market?
3. What is the competitive strategic window for opportunities in the Cashews Market?
4. What are the technology trends and regulatory frameworks in the Cashews Market?
5. What is the market share of the leading vendors in the Cashews Market?
6. What modes and strategic moves are considered suitable for entering the Cashews Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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