Cashew Nuts Market Report 2025

This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The cashew nuts market size has grown strongly in recent years. It will grow from $8.52 billion in 2024 to $9.05 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increasing demand for healthy snacks, nutritional benefits of cashews, shifts in dietary preferences towards plant-based and vegetarian diets, expansion of retail channels, introduction of new cashew nut products.

The cashew nuts market size is expected to see strong growth in the next few years. It will grow to $11.36 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to improvements in supply chain management practices, including logistics, storage, and transportation, investments in cashew nut farming infrastructure, growing awareness about the health benefits of consuming nuts, growing popularity of plant-based diets, increasing use of cashew nuts as ingredients in various food products. Major trends in the forecast period include continued investment in agricultural technology and practices, adoption of biodegradable and compostable packaging materials derived from renewable sources, implementation of vertical farming techniques, integration of remote sensing and satellite imaging technologies to monitor cashew nut plantations, deployment of AI-driven farm management systems.

The prospering retail and e-commerce sectors are expected to drive the growth of the cashew nut market in the foreseeable future. Retail involves businesses directly selling goods and services to consumers through physical stores, while e-commerce encompasses online buying and selling activities. The growth of these sectors is fueled by advancements in internet infrastructure, the convenience of online shopping, evolving consumer preferences, and the widespread adoption of digital platforms. Retail stores and e-commerce platforms play a crucial role in making cashew nuts easily accessible to consumers, whether they prefer purchasing from local stores or online retailers. This accessibility expands the market reach of cashew nuts, catering to a broader consumer base. For instance, data from February 2024, sourced from the Census Bureau of the Department of Commerce, revealed a notable 7.5% surge in e-commerce sales during the fourth quarter of 2023 compared to the corresponding period in 2022. This indicates that the thriving retail and e-commerce sectors are driving the growth of the cashew nut market.

Leading companies in the cashew nuts market are focusing on developing innovative products, such as nut butter grinders, to enhance consumer convenience and meet the rising demand for healthy snacks. Nut butter grinders are kitchen appliances designed to grind various nuts, including cashews, almonds, and peanuts, into a smooth, creamy paste. These machines often feature adjustable settings for texture and consistency, allowing users to create customized nut butters at home. For example, in August 2022, EssEmm Corporation, an India-based machinery company, launched the Cosmos Nut Butter Grinder, designed to efficiently grind a variety of nuts and seeds, such as peanuts, sesame seeds, cashews, cocoa beans, apricot kernels, and pumpkin seeds, transforming them from their roasted state into a fine paste. The Cocos Nut Butter Grinder is particularly effective at turning roasted cashew nuts into a smooth, creamy paste, ideal for use in desserts and spreads. Its efficient grinding mechanism ensures a consistent texture and flavor, making it an essential tool for businesses in the food industry.

In April 2023, Monchy Food Company, a Netherlands-based food trading company, acquired Amama Farms in an undisclosed transaction. This strategic acquisition grants Monchy Food unparalleled access to a significant cashew processing plant, bolstering its presence in the dried fruit market. Amama Farms, based in Tanzania, is known for its production and processing of high-quality cashew nuts.

Major companies operating in the cashew nuts market report are Nestlé S.A.; Archer Daniels Midland Company; Bunge Limited; The Kraft Heinz Company; John B. Sanfilippo & Son Inc.; Vietnam Cashew Corporation (VINACAS); Lien Anh Co. Ltd; Haldiram Foods International Private Limited; Alphonsa Cashew Industries; Diamond Foods LLC; Emerald Nuts LLC; Aurora Products Inc.; Aryan Food Ingredients Limited; CBL Natural Foods Private Limited; Nutsco Inc.; Delicious Cashew Company; Nutty Yogi; Wonderland Foods; Bismi Cashew Company; Divine Foods; Achal Cashew Nuts; Delphi Organic; Bata Food; Kalbavi Cashews; Royal Dry Fruits.

North America was the largest region in the cashew nuts market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cashew nuts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the cashew nuts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The cashew nuts market consists of sales of cashew-based vegan products, cashew flour, cashew milk, cashew butter, roasted cashews, and salted cashews. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

Cashew nuts, the seeds of the cashew tree (Anacardium occidentale), originate from Brazil, where the tropical evergreen tree is native. Encased in a shell found at the bottom of the cashew apple, the fruit of the cashew tree, these nuts are harvested, removed from their shells, dried, and processed for consumption. Offering a diverse range of nutrients, cashew nuts are valued for their nutritional benefits.

Cashew nuts are available in various forms, including whole, roasted, split, and paste. Whole cashews are in their natural state, still enclosed within their shells, and retain their original shape and flavor. They are utilized in a wide array of products, such as dairy items, cereals, confectionaries, beverages, snacks, bars, and bakery goods. These products are distributed through different channels, including convenience stores, hypermarkets, supermarkets, retailers, and specialist stores.

The cashew nuts market research report is one of a series of new reports that provides cashew nuts market statistics, including cashew nuts industry global market size, regional shares, competitors with a cashew nuts market share, detailed cashew nuts market segments, market trends and opportunities, and any further data you may need to thrive in the cashew nuts industry. This cashew nuts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.