Cashew market size to grow by 1,123.96 thousand t from 2022 to 2027: Growth driven by rising cases of lactose intolerance and allergies - Technavio

NEW YORK, Jan. 13, 2023 /PRNewswire/ -- The cashew market size is forecasted to grow by 1,123.96 thousand t from 2022 to 2027. Moreover, the growth momentum will accelerate at a CAGR of 5.3% during the forecast period, according to Technavio. Achal Group of Industries, Agrocel Industries Pvt. Ltd., ALPHONSA CASHEW INDUSTRIES, Aryan International, Bata Food, Bismi Cashew Co., CBL NATURAL FOODS Pvt. Ltd., DCC Delicious, Delphi Organic GmbH, DVK Group, Haldiram Foods International Pvt. Ltd, Kalbavi Cashews, NIRVAANIC LIFE FOODS Pvt. Ltd., NUTSCO Inc., Olam Group Ltd., Prime Nuts Online Store, Royal Dry Fruits Pvt. Ltd., Shivam Cashew Industry, Sunorganic Industries Pvt. Ltd., and Vietnam Cashew Processing Joint Co. are some of the major market participants. To know about the vendor offerings, request a sample report.

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies, growth strategies, product innovations, new product launches, investments, growth in market share, among others - Buy the report

The cashew market report also covers the following areas:

• Porter's five forces analysis
• Customer landscape
• Market trends

The rising cases of lactose intolerance and allergies associated with soy, hazelnut, and almond milk will fuel the growth of the cashew market. The number of people suffering from lactose intolerance is increasing in Europe. As a result, the demand for lactose-free and low-lactose products is growing at a rapid rate. In addition, the prevalence of allergies associated with other plant-based alternatives such as soy, hazelnut, and almond milk is rising. This reduces the competition for cashew milk vendors. Such factors will fuel the growth of the global market during the forecast period.

Cashews are a potential source of allergens, which is impeding the market growth. Cashew allergy is prevalent across the world. In the US, the incidence of cashew allergy is 0.2% among children and 0.5% among adults. Moreover, cashews can have allergenic proteins that may cause serious health issues in some people. These factors can adversely affect the market growth during the forecast period.

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• Type
• Conventional or regular
• Organic

• Distribution channel
• Offline
• Online

• Region
• North America 
• The US
• Canada
• Europe 
• The UK
• Germany
• France
• Rest of Europe
• APAC 
• China
• India
• Middle East and Africa 
• Saudi Arabia
• South Africa
• Rest of the Middle East and Africa
• South America 
• Chile
• Brazil
• Argentina

Cashew market 2023-2027: Segmentation highlights

• The cashew market share growth by the conventional segment will be significant during the forecast period.  Conventional cashews are produced with the application of pesticides and fertilizers on the nuts. The demand for conventional cashews is expected to increase owing to the rising awareness among consumers about their health benefits. Cashews are rich in certain essential proteins and minerals. Hence, the consumption of cashews in the right quantities helps in lowering the amount of low-density lipoprotein (LDL) cholesterol in the body. Such health benefits of conventional cashews will drive the growth of the segment during the forecast period.
• North America is estimated to account for 45% of the growth of the global market during the forecast period. The production of cashews is increasing to meet the rising demand from consumers in the region, which is fueling the market's growth. Cashews are rich in vitamins and minerals. Furthermore, cashew milk is considered an alternative to cow's milk. Hence, many vendors have added cashews as a key ingredient in snack and confectionery products. These factors are estimated to expand the regional market's growth during the forecast period.

What are the key data covered in this cashew market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the cashew market between 2023 and 2027
• Precise estimation of the cashew market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the industry across North America, APAC, Europe, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of cashew market vendors

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand t)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand t)
• Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global cashew market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global cashew market 2017 - 2021 (thousand t)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 (thousand t)

• 4.3 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 (thousand t)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (thousand t)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand t)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Conventional or regular - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Conventional or regular - Market size and forecast 2022-2027 (thousand t)
• Exhibit 35: Data Table on Conventional or regular - Market size and forecast 2022-2027 (thousand t)
• Exhibit 36: Chart on Conventional or regular - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Conventional or regular - Year-over-year growth 2022-2027 (%)

• 6.4 Organic - Market size and forecast 2022-2027
• Exhibit 38: Chart on Organic - Market size and forecast 2022-2027 (thousand t)
• Exhibit 39: Data Table on Organic - Market size and forecast 2022-2027 (thousand t)
• Exhibit 40: Chart on Organic - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Organic - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type (thousand t)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 45: Chart on Comparison by Distribution Channel
• Exhibit 46: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 (thousand t)
• Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 (thousand t)
• Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 51: Chart on Online - Market size and forecast 2022-2027 (thousand t)
• Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 (thousand t)
• Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 55: Market opportunity by Distribution Channel (thousand t)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 (thousand t)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 (thousand t)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 (thousand t)
• Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 (thousand t)
• Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 (thousand t)
• Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 (thousand t)
• Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
• Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
• Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 (thousand t)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 (thousand t)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 (thousand t)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 (thousand t)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 India - Market size and forecast 2022-2027
• Exhibit 85: Chart on India - Market size and forecast 2022-2027 (thousand t)
• Exhibit 86: Data Table on India - Market size and forecast 2022-2027 (thousand t)
• Exhibit 87: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 (thousand t)
• Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 (thousand t)
• Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027
• Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 (thousand t)
• Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 (thousand t)
• Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027
• Exhibit 97: Chart on France - Market size and forecast 2022-2027 (thousand t)
• Exhibit 98: Data Table on France - Market size and forecast 2022-2027 (thousand t)
• Exhibit 99: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography (thousand t)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Achal Group of Industries 
• Exhibit 108: Achal Group of Industries - Overview
• Exhibit 109: Achal Group of Industries - Product / Service
• Exhibit 110: Achal Group of Industries - Key offerings

• 12.4 Agrocel Industries Pvt. Ltd. 
• Exhibit 111: Agrocel Industries Pvt. Ltd. - Overview
• Exhibit 112: Agrocel Industries Pvt. Ltd. - Product / Service
• Exhibit 113: Agrocel Industries Pvt. Ltd. - Key offerings

• 12.5 ALPHONSA CASHEW INDUSTRIES 
• Exhibit 114: ALPHONSA CASHEW INDUSTRIES - Overview
• Exhibit 115: ALPHONSA CASHEW INDUSTRIES - Product / Service
• Exhibit 116: ALPHONSA CASHEW INDUSTRIES - Key offerings

• 12.6 Aryan International 
• Exhibit 117: Aryan International - Overview
• Exhibit 118: Aryan International - Product / Service
• Exhibit 119: Aryan International - Key offerings

• 12.7 Bata Food 
• Exhibit 120: Bata Food - Overview
• Exhibit 121: Bata Food - Product / Service
• Exhibit 122: Bata Food - Key offerings

• 12.8 CBL NATURAL FOODS Pvt. Ltd. 
• Exhibit 123: CBL NATURAL FOODS Pvt. Ltd. - Overview
• Exhibit 124: CBL NATURAL FOODS Pvt. Ltd. - Product / Service
• Exhibit 125: CBL NATURAL FOODS Pvt. Ltd. - Key offerings

• 12.9 DCC Delicious 
• Exhibit 126: DCC Delicious - Overview
• Exhibit 127: DCC Delicious - Product / Service
• Exhibit 128: DCC Delicious - Key offerings

• 12.10 Delphi Organic GmbH 
• Exhibit 129: Delphi Organic GmbH - Overview
• Exhibit 130: Delphi Organic GmbH - Product / Service
• Exhibit 131: Delphi Organic GmbH - Key offerings

• 12.11 Haldiram Foods International Pvt. Ltd
• Exhibit 132: Haldiram Foods International Pvt. Ltd - Overview
• Exhibit 133: Haldiram Foods International Pvt. Ltd - Product / Service
• Exhibit 134: Haldiram Foods International Pvt. Ltd - Key offerings

• 12.12 Kalbavi Cashews 
• Exhibit 135: Kalbavi Cashews - Overview
• Exhibit 136: Kalbavi Cashews - Product / Service
• Exhibit 137: Kalbavi Cashews - Key offerings

• 12.13 NIRVAANIC LIFE FOODS Pvt. Ltd. 
• Exhibit 138: NIRVAANIC LIFE FOODS Pvt. Ltd. - Overview
• Exhibit 139: NIRVAANIC LIFE FOODS Pvt. Ltd. - Product / Service
• Exhibit 140: NIRVAANIC LIFE FOODS Pvt. Ltd. - Key offerings

• 12.14 Royal Dry Fruits Pvt. Ltd. 
• Exhibit 141: Royal Dry Fruits Pvt. Ltd. - Overview
• Exhibit 142: Royal Dry Fruits Pvt. Ltd. - Product / Service
• Exhibit 143: Royal Dry Fruits Pvt. Ltd. - Key offerings

• 12.15 Shivam Cashew Industry 
• Exhibit 144: Shivam Cashew Industry - Overview
• Exhibit 145: Shivam Cashew Industry - Product / Service
• Exhibit 146: Shivam Cashew Industry - Key offerings

• 12.16 Sunorganic Industries Pvt. Ltd. 
• Exhibit 147: Sunorganic Industries Pvt. Ltd. - Overview
• Exhibit 148: Sunorganic Industries Pvt. Ltd. - Product / Service
• Exhibit 149: Sunorganic Industries Pvt. Ltd. - Key offerings

• 12.17 Vietnam Cashew Processing Joint Co. 
• Exhibit 150: Vietnam Cashew Processing Joint Co. - Overview
• Exhibit 151: Vietnam Cashew Processing Joint Co. - Product / Service
• Exhibit 152: Vietnam Cashew Processing Joint Co. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 153: Inclusions checklist
• Exhibit 154: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 155: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 156: Research methodology
• Exhibit 157: Validation techniques employed for market sizing
• Exhibit 158: Information sources

• 13.5 List of abbreviations 
• Exhibit 159: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports, covering 800 technologies spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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