Cashew Kernel Market

By Grade;

White Wholes, Scorched Wholes, Dessert Wholes, White Pieces, Scorched Pieces, and Dessert Pieces

By Nature;

Organic and Conventional

By Processing Method;

Raw and Roasted

By Distribution Channel;

Online and Offline

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn939023745 Published Date: August, 2025

Introduction

Global Cashew Kernel Market (USD Million), 2021 - 2031

In the year 2024, the Global Cashew Kernel Market was valued at USD 6,131.88 million. The size of this market is expected to increase to USD 8,266.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Cashew Kernel Market

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 6,131.88 Million
Market Size (2031)USD 8,266.70 Million
Market ConcentrationHigh
Report Pages337
6,131.88
2024
8,266.70
2031

Major Players

  • Nutsco Inc.
  • Alphonsa Cashew Industries
  • DVK Group
  • Prime Nuts FZE
  • Vietnam Cashew Processing Co.
  • Olam International Limited
  • Bismi Cashew Company

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Cashew Kernel Market

Fragmented - Highly competitive market without dominant players


The global cashew kernel market has experienced significant growth over recent years, driven by increasing consumer preference for healthy snacks and the versatile application of cashew kernels in various culinary and food processing industries. Cashew kernels are highly sought after for their nutritional value, comprising essential nutrients like protein, healthy fats, and minerals such as magnesium and phosphorus. This has fueled their popularity as a nutritious snack and a key ingredient in confectionery, bakery products, and savory snacks worldwide.

Major cashew-producing regions like Vietnam, India, and Ivory Coast dominate the global market, accounting for a significant share of production and export. The market dynamics are influenced by factors such as climatic conditions affecting harvests, global demand trends, and economic factors impacting trade flows. Technological advancements in processing and packaging have further boosted market growth, ensuring higher quality and longer shelf life of cashew kernels, thereby expanding their market reach across both developed and emerging economies. As consumer awareness of health benefits continues to rise, the global cashew kernel market is expected to see sustained growth, supported by evolving dietary preferences and increasing disposable incomes worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Grade
    2. Market Snapshot, By Nature
    3. Market Snapshot, By Processing Method
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Cashew Kernel Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rise in snacking habits globally
        2. Health-conscious consumer trends
        3. Product diversification in food industry
        4. High nutritional value of cashew kernels
      2. Restraints
        1. Trade tariffs and import/export regulations
        2. Infrastructure constraints in rural areas
        3. Consumer awareness of allergen risks
      3. Opportunities
        1. Strategic partnerships for distribution
        2. Value-added product development
        3. Emerging markets with rising incomes
        4. Technological advancements in processing
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Cashew Kernel Market, By Grade, 2021 - 2031 (USD Million)
      1. White Wholes
      2. Scorched Wholes
      3. Dessert Wholes
      4. White Pieces
      5. Scorched Pieces
      6. Dessert Pieces
    2. Cashew Kernel Market, By Nature, 2021 - 2031 (USD Million)

      1. Organic

      2. Conventional

    3. Cashew Kernel Market, By Processing Method, 2021 - 2031 (USD Million)

      1. Raw

      2. Roasted

    4. Cashew Kernel Market, By Distribution Channel, 2021 - 2031 (USD Million)

      1. Online

      2. Offline

    5. Cashew Kernel Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Côte d’Ivoire
        1. Company Overview and Product Portfolio
        2. Key Developments
        3. Financial Overview
        4. Strategies
        5. Company SWOT Analysis
  7. Analyst Views
  8. Future Outlook of the Market