Global Cashew Kernel Market, By Grade (White Wholes, Scorched Wholes, Dessert Wholes, White Pieces, Scorched Pieces, and Dessert Pieces), By Application (Food, Medical, Lubricants, Paints, Wildlife, and Other), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI376019 | Publish Date: May 2023 | No. of Pages: 165

Global Cashew Kernel Market By Overview

Introduction:

Cashew kernels are classified into white/scorched wholes, splits, pieces, butts etc. depending on the size, shape & colour of the kernel. The Govt. of India Act sets 33 different grades of cashew kernels. Only 26 grades are commercially available and exported. Scorched wholes are another type of cashew kernels grade, which has a slight brown colour due to longer roasting. They have all the other features of white kernels and have the same nutritious qualities. Cashew Kernels are obtained through roasting, shelling and peeling cashew nuts. Splits, Butts, and pieces are best for cooking, preparation of sweets and savoury snacks and are priced lower.

Drivers and Restraints:

Increasing demand for healthy snacks among individuals globally is the major factor driving the growth of the global cashew kernel market. Cashews have become popular all over the world, for their number of health benefits and subtle flavour. Consumers these days prefer products which contain high nutritional value. According to the data published in British Journal of Nutrition, people who consume nuts more than four times a week has a lower risk of coronary heart disease up to only 37% as compared to people who never or seldom consume nuts. Further, it is anticipated that more cashew may be used in the production of snack bars, which are a healthy alternative to high-calorie chocolate bars which in turn boosts the growth of the target market. In recent times, cashew milk has also become widespread as a lactose-free milk substitute. As a result, cashew is used to make dairy substitutes, such as cashew-based cheese, cashew milk, cashew-based cream sauces, and sour cream. However, food safety issues, weather-related uncertainties, and the prevalence of small-scale primary processing infrastructure are hampering the growth of the global market.

Segmentation:

The global cashew kernel market is segmented based on grade, application, and region.

Based on grade, the global cashew kernel market is segmented into white wholes, scorched wholes, dessert wholes, white pieces, scorched pieces, and dessert pieces. The widely used grades in the market are WW-180, WW-210, WW-240, and WW-320. However, up till now, there are no automated systems available in the market to grade the white wholes segment and estimate the standard characteristics, like geometry and colour. From Cote d'Ivoire, white kernels are mainly exported to Europe, the United States, and Canada. Based on application, the global market is segmented into food, medical, lubricants, paints, wildlife, and others.

Based on region the global cashew kernel market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. India is the biggest producer and exporter of cashew kernels worldwide. Over 65 per cent of the world export of cashew kernels is projected for by India. Cashews of Indian are consumed in as many as 60 countries all over the world, the major markets being the United States, Canada, the United Kingdom, Japan, Netherlands, Australia, Germany Hong Kong, Singapore, New Zealand and Middle East countries. The cashew kernel of Indian is well acclaimed for its good taste, quality, and appearance. In 2018, the U.S. was the major importer of cashew kernel in the global market. Since cashew farming needs a frost-free tropical climate, cultivation in the U.S. is limited to extreme Hawaii, Puerto Rico, and southern Florida. There is no commercial production of cashew nuts in the U.S. Hence, imports from countries, like India and Vietnam, satisfy local demand in this country.

Key Players:                                                                                                  

The key players operating the global IV and oral iron drugs market involves Al-Aziz and Company, Aznar Cashew Co., Associated Cashew Industries, Choice Cashew Industries, John's Cashew Company, Kerala Nut Food Co., Shafi Cashew Industries, Wender's Foods Pvt Ltd., Tasty Nut Industries, Sunfood Corporation. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the route of administrations to gain a competitive edge in the target market.

Detailed Segmentation:

Global Cashew Kernel Market, By Grade:

  • White Wholes
  • Scorched Wholes
  • Dessert Wholes
  • White Pieces
  • Scorched Pieces
  • Dessert Pieces

Global Cashew Kernel Market, By Application:

  • Food
  • Medical
  • Lubricants
  • Paints
  • Wildlife
  • Other 

Global Cashew Kernel Market, By Region:

      • North America
        • North America Cashew Kernel Market, By Grade
        • North America Cashew Kernel Market, By Application
        • North America Cashew Kernel Market, By Country
          • The U.S.
          • Canada
      • Europe
        • Europe Cashew Kernel Market, By Grade
        • Europe Cashew Kernel Market, By Application
        • Europe Cashew Kernel Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Cashew Kernel Market, By Grade
        • Asia Pacific Cashew Kernel Market, By Application
        • Asia Pacific Cashew Kernel Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                                           
      • Latin America
        • Latin America Cashew Kernel Market, By Grade
        • Latin America Cashew Kernel Market, By Application
        • Latin America Cashew Kernel Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Cashew Kernel Market, By Grade
        • Middle East & Africa Cashew Kernel Market, By Application
        • Middle East & Africa Cashew Kernel Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Company Profile:

  • Al-Aziz and Company
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • Anzar Cashew Co.
  • Associated Cashew Industries
  • Choice Cashew Industries
  • John's Cashew Company
  • Kerala Nut Food Co.
  • Shafi Cashew Industries 
  • Wender's Foods Pvt Ltd.
  • Tasty Nut Industries
  • Sunfood Corporation 

Global Cashew Kernel Market By Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    •  Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Cashew Kernel Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Grade
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Cashew Kernel Market, By Grade, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • White Wholes
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Scorched Wholes
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Dessert Wholes
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • White Pieces
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Scorched Pieces
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Dessert Pieces
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Cashew Kernel Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Food
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Medical
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Lubricants
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Paints
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Wildlife
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Cashew Kernel Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Grade, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Grade, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Grade, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Grade, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Grade, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Companies​​​​​​​​​​​​​​
    • Al-Aziz and Company
          • Company Overview
          • Product Portfolio
          • Key Highlights
          • Financial Performance
    • Anzar Cashew Co.
    • Associated Cashew Industries
    • Choice Cashew Industries
    • John's Cashew Company
    • Kerala Nut Food Co.
    • Shafi Cashew Industries
    • Wender's Foods Pvt Ltd.
    • Tasty Nut Industries
    • Sunfood Corporation
  10. The Last Word
    • Future Impact
    • About Us
    • Contact

 

FAQs

The cashew kernel market is segmented into grade, application, and region.

Factors driving the Cashew Kernel Market include increasing consumer demand for healthy snacks, growth in the food processing industry, and the rising popularity of plant-based diets.

Global restraints in the Cashew Kernel Market may involve challenges related to climate impact on cashew cultivation, fluctuations in raw material prices, and competition from alternative nuts.

The report considers regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is anticipated to dominate the Cashew Kernel Market, securing a significantly high revenue share.

The key players operating the global IV and oral iron drugs market involves Al-Aziz and Company, Aznar Cashew Co., Associated Cashew Industries, Choice Cashew Industries, John's Cashew Company, Kerala Nut Food Co., Shafi Cashew Industries, Wender's Foods Pvt Ltd., Tasty Nut Industries, Sunfood Corporation.