The Processed Cashew Market is Expected to Grow by 5.8% CAGR BY 2032

The global processed cashew market is set to witness growth at a CAGR of 5.8%, surpassing US$ 8,793.0 Mn by 2032, finds Future Market Insights (FMI). Growth is driven by rising demands for superfood with nutritional properties.

Consumers are increasingly interested in diets that are both sustainable and healthy. Hence, adoption of sustainable food products such as plant-based is increasing. With growing awareness of the importance of living a healthy lifestyle, preference for a natural diet is expected to propel.

With increased competition among companies producing functional ingredients as the food and beverage industry, companies are constantly innovating to design novel products in order to maintain market leadership.

Key Takeaways from Market Study

  • The processed cashew market is estimated to expand at CAGR of 5.8% over the forecast period (2022-2032)
  • In terms of nature, conventional segment of processed cashew is likely to be leading form through 2022.
  • Organic processed cashew segment will witness highest growth during the assessment period
  • Based on application, bakery & confectionery holds a dominant market share in this segment as processed cashews are widely used in cookies and biscuits.
  • South Asia is expected to dominate the processed cashew market, with India spearheading the growth during the projection period.

To remain ‘ahead’ of your competitors, request for @ https://www.futuremarketinsights.com/reports/sample/rep-gb-14584  

“With hectic lifestyle, demand for quick, healthy, and convenient food options is surging. To capitalize on this growing demand for healthy snacks, key companies are introducing products such as nut butters, milks, roasted and coated cashews, cheeses, etc. This is likely to augment the sales in the market.”, says a Future Market Insights analyst.

Competitive Landscape.

  • In 2020, Milled announced the launch of organic cashew which are Vegan, Gluten-Free, Paleo, Keto.
  • Superior confectionery brand Chocolat Madagascar stated that they are ready to launch newest line of bars aiming the vegan sector particularly developed using fresh cashew chocolate.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an unbiased analysis of the global processed cashew market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

Processed Cashew Market By Category

By Product Type:

  • Cashew Flour
  • Cashew Paste
  • Cashew Protein Powder
  • Cashew Oil
  • Cashew Butter
  • Coated/Flavored Cashews
  • Sliced and Diced Cashews
  • Others

By Nature:

  • Conventional
  • Organic

By End-Use Application:

  • Protein Bars and Powder
  • Cereals and Muesli
  • Dairy Products
    • Milk
    • Yogurt
    • Ice Creams
  • Beverages
    • Energy Drinks
    • Shakes/Smoothies
    • Coffee
  • Bakery & Confectionery
    • Biscuits/Cookies
    • Breads/Muffins
    • Cakes
    • Chocolates

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle east and Africa

Speak to our Research Expert:

https://www.futuremarketinsights.com/ask-question/rep-gb-14584

The report covers exhaustive analysis on:

  • How big is the processed cashew market?
  • What is the North America processed cashew market outlook?
  • At what rate will processed cashew demand grow in Europe?
  • Which are the key countries shaping the processed cashew market?

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these