The Europe Cashew Nut Kernel Market is expected to witness market growth of 4.5% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Cashew Nut Kernel Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $411.2 million by 2031. The UK market is exhibiting a CAGR of 3.5% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 5.4% during 2024-2031.
One of the primary drivers of the cashew nut kernel market is the growing consumer preference for healthy snacks. Cashew nuts serve as an outstanding source of beneficial lipids, proteins, and essential vitamins, specifically B6 and K, as well as vital minerals, including magnesium, zinc, iron, phosphorus, and copper. The expansion of the cashew nut kernel market has been greatly aided by the expansion of the food and beverage industry.
Moreover, cashews are widely used in the confectionery, bakery, dairy alternative, and snack industries, serving as an ingredient in premium chocolates, protein bars, cookies, and desserts. Additionally, the growth of plant-based and flexitarian diets has increased demand for cashew-based protein powders, meat substitutes, and functional food products, contributing to market growth.
Across Europe, the cashew nut kernel market is expanding due to health trends, culinary innovation, and strategic trade practices. Government programs promoting healthy eating, sustainable food choices, and support for the food industry's innovation have collectively contributed to the rising demand for cashew nuts. In Germany, the demand for cashew nut kernels has been significantly influenced by the country's strong emphasis on health and wellness.
The Germany market dominated the Europe Cashew Nut Kernel Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $411.2 million by 2031. The UK market is exhibiting a CAGR of 3.5% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 5.4% during 2024-2031.
One of the primary drivers of the cashew nut kernel market is the growing consumer preference for healthy snacks. Cashew nuts serve as an outstanding source of beneficial lipids, proteins, and essential vitamins, specifically B6 and K, as well as vital minerals, including magnesium, zinc, iron, phosphorus, and copper. The expansion of the cashew nut kernel market has been greatly aided by the expansion of the food and beverage industry.
Moreover, cashews are widely used in the confectionery, bakery, dairy alternative, and snack industries, serving as an ingredient in premium chocolates, protein bars, cookies, and desserts. Additionally, the growth of plant-based and flexitarian diets has increased demand for cashew-based protein powders, meat substitutes, and functional food products, contributing to market growth.
Across Europe, the cashew nut kernel market is expanding due to health trends, culinary innovation, and strategic trade practices. Government programs promoting healthy eating, sustainable food choices, and support for the food industry's innovation have collectively contributed to the rising demand for cashew nuts. In Germany, the demand for cashew nut kernels has been significantly influenced by the country's strong emphasis on health and wellness.
List of Key Companies Profiled
- The Hershey Company
- Kellogg Company
- PepsiCo, Inc.
- John B. Sanfilippo & Son, Inc.
- Blue Diamond Growers, Inc.
- Hines Nut Company
- Germack Roasting Company, LLC
- Hampton Farms
- Diamond Cashew Products Pvt. Ltd.
- Kingfoods
Market Report Segmentation
By Type- Conventional
- Organic
- White Wholes
- Scorched Wholes
- Dessert Wholes
- White Pieces
- Other Product
- Supermarkets & Hypermarkets
- Convenience Stores
- Grocery Stores
- Online Retailers
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Europe Cashew Nut Kernel Market by Type
Chapter 5. Europe Cashew Nut Kernel Market by Product
Chapter 6. Europe Cashew Nut Kernel Market by Distribution
Chapter 7. Europe Cashew Nut Kernel Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- The Hershey Company
- Kellogg Company
- PepsiCo, Inc.
- John B. Sanfilippo & Son, Inc.
- Blue Diamond Growers, Inc.
- Hines Nut Company
- Germack Roasting Company, LLC
- Hampton Farms
- Diamond Cashew Products Pvt. Ltd.
- Kingfoods
Methodology
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