The North America Cashew Nut Kernel Market is expected to witness market growth of 4.0% CAGR during the forecast period (2024-2031).
The US market dominated the North America 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 $1.51 billion by 2031. The Canada market is experiencing a CAGR of 5.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 5% during 2024-2031.
The cosmetic and pharmaceutical industries are increasingly utilizing cashew nuts and their by-products due to their antioxidant, anti-inflammatory, and anti-aging properties. Cashew nut oil, rich in essential fatty acids and vitamins, is now a key ingredient in skincare and haircare products, offering deep hydration, reducing wrinkles, and preventing scalp irritation.
Moreover, many brands are incorporating cashew-based extracts in anti-aging creams, serums, and sun-protective formulations, capitalizing on their natural nourishing benefits. In oral care, cashew-infused toothpaste and mouthwashes are gaining popularity due to their antimicrobial and plaque-fighting properties, providing a natural alternative for maintaining dental hygiene.
The region's increasing focus on health-conscious eating, plant-based diets, and premium snack foods has driven consumer interest in cashew nuts. In the United States, the cashew nut kernel market thrives due to a surge in health-conscious consumers and the popularity of plant-based diets. The U.S. Dietary Guidelines for Americans, regularly updated by the U.S. Department of Agriculture (USDA) and the Department of Health and Human Services (HHS), recommend incorporating nuts like cashews into daily diets for their healthy fats, protein, and essential micronutrients.
The US market dominated the North America 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 $1.51 billion by 2031. The Canada market is experiencing a CAGR of 5.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 5% during 2024-2031.
The cosmetic and pharmaceutical industries are increasingly utilizing cashew nuts and their by-products due to their antioxidant, anti-inflammatory, and anti-aging properties. Cashew nut oil, rich in essential fatty acids and vitamins, is now a key ingredient in skincare and haircare products, offering deep hydration, reducing wrinkles, and preventing scalp irritation.
Moreover, many brands are incorporating cashew-based extracts in anti-aging creams, serums, and sun-protective formulations, capitalizing on their natural nourishing benefits. In oral care, cashew-infused toothpaste and mouthwashes are gaining popularity due to their antimicrobial and plaque-fighting properties, providing a natural alternative for maintaining dental hygiene.
The region's increasing focus on health-conscious eating, plant-based diets, and premium snack foods has driven consumer interest in cashew nuts. In the United States, the cashew nut kernel market thrives due to a surge in health-conscious consumers and the popularity of plant-based diets. The U.S. Dietary Guidelines for Americans, regularly updated by the U.S. Department of Agriculture (USDA) and the Department of Health and Human Services (HHS), recommend incorporating nuts like cashews into daily diets for their healthy fats, protein, and essential micronutrients.
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
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Cashew Nut Kernel Market by Type
Chapter 5. North America Cashew Nut Kernel Market by Product
Chapter 6. North America Cashew Nut Kernel Market by Distribution
Chapter 7. North America 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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