Raw Cashew Nuts Market Size | Industry Insights [2034]

Raw Cashew Nuts Market Overview

Global Raw Cashew Nuts market size is estimated at USD 8906.23 million in 2025 and is expected to reach USD 13714.88 million by 2034 at a 5.54% CAGR.

The Raw Cashew Nuts Market Market is expanding rapidly as global consumption of cashew kernels surpasses 4.1 million tons annually, with raw cashew nut production reaching nearly 5.2 million tons across major producing regions. More than 64% of global cashew supply comes from West African countries, while 23% originates from Asian producers. Value-added processing continues to shift geographically, with 71% of raw nuts exported for shelling in international facilities. Rising consumer preference for plant-based snacks has increased cashew kernel demand by 38% between 2020 and 2024. Additionally, 52% of manufacturers integrate cashews into bakery, confectionery, and dairy-alternative products, strengthening adoption highlighted in Raw Cashew Nuts Market Market Report and Raw Cashew Nuts Market Market Analysis.

The USA accounts for approximately 9% of global cashew imports, making it one of the top-consuming nations in the Raw Cashew Nuts Market Market. More than 72% of American households purchase nuts at least once per month, with cashews representing 31% of total nut consumption. Premium roasted cashews hold 44% preference among buyers aged 25–45, while organic cashew products represent 18% of national market demand. Over 62% of USA cashew imports originate from Vietnam and India, and 27% are used in foodservice operations. Raw Cashew Nuts Market Market Outlook for the USA shows rising demand for clean-label ingredients, influencing 41% growth in organic and chemical-free raw cashew procurement.

Key Findings

Key Market Driver: Increasing global demand for plant-based foods influences 57% of cashew kernel consumption, with 46% of manufacturers relying on raw cashews as core ingredients in vegan snacks and 51% growth in dairy-alternative applications.
Major Market Restraint: More than 42% of producers face quality loss due to inconsistent drying, while 37% of exporters report logistics delays and 29% reduction in efficiency linked to weather-driven supply disruptions.
Emerging Trends: Organic raw cashew demand has increased by 33%, premium-grade nuts represent 41% of new procurement contracts, and sustainable farming initiatives have expanded by 28% globally.
Regional Leadership: Asia-Pacific processes 68% of global raw cashew volumes, Africa produces 64% of supply, Europe imports 24% of kernels, and North America accounts for 11% of global Raw Cashew Nuts Market Market Share.
Competitive Landscape: Top ten processors control 47% of global output, while small and medium processors represent 39% of exports and cooperative farming networks contribute 26% of global Raw Cashew Nuts Market Market Size.
Market Segmentation: Conventional cashews represent 78% of global trade, organic cashews hold 22%, food industry accounts for 71% demand, and beverage applications represent 29% of total usage.
Recent Development: More than 36% of exporters upgraded sorting and grading facilities in 2023–2024, 27% added automation, 18% expanded shelling capacities, and 41% increased sustainable sourcing initiatives.

Raw Cashew Nuts Market Latest Trends

The Raw Cashew Nuts Market Market is driven by strategic changes in production, processing, and consumption patterns. More than 5.2 million tons of raw cashew nuts are produced annually across Africa, Asia, and Latin America, with West Africa contributing 64% of supply. A major trend is the rise of in-country processing, with 29% of West African raw cashews now processed locally, compared to only 11% a decade earlier. Global consumption of cashew kernels increased by 41% in the past five years, driven by clean-label snacking and plant-based food trends. Raw Cashew Nuts Market Market Trends show that 52% of manufacturers are shifting toward sustainably sourced cashews, with 34% investing in traceability systems.

Raw Cashew Nuts Market Dynamics

DRIVER

Growing demand for plant-based and nutrient-dense foods.

Rising global health awareness has led 57% of consumers to increase nut intake, with cashews preferred by 34% due to their high nutrient density. The rise of plant-based diets, which now influence 39% of purchasing decisions in North America and Europe, is driving significant demand for raw cashews. More than 46% of food manufacturers use cashews in dairy-alternative applications, including cheese, cream, and milk. Cashew-based cheese has grown by 29%, while cashew milk consumption has increased by 44% globally. These trends are strengthening Raw Cashew Nuts Market Market Growth as producers expand supply chains to meet demand.

RESTRAINT

Supply chain inconsistencies and quality variations.

More than 42% of cashew farmers experience post-harvest losses due to inadequate drying processes, leading to high moisture content above 12%, which reduces kernel quality. Logistics delays impact 37% of exporters, increasing transit times by up to 19%. Weather impacts such as irregular rainfall reduce yields by 23% in key producing regions. Additionally, 29% of small-scale processors face challenges accessing modern shelling technology, affecting consistency in kernel grading. These challenges influence the Raw Cashew Nuts Market Market Forecast as manufacturers seek improved storage and processing solutions.

OPPORTUNITY

Rising adoption of organic and sustainably sourced cashews.

Organic farming initiatives have increased by 28% globally, driven by 33% growth in consumer preference for chemical-free products. More than 22% of raw cashew volumes exported to Europe and North America are now organic certified. Sustainable sourcing programs have expanded across 41% of farming communities, improving crop traceability. The demand for fair-trade cashews has increased by 37%, particularly in premium food applications. Raw Cashew Nuts Market Market Opportunities are rising as manufacturers invest in regenerative farming, carbon-neutral supply chains, and waste-free processing solutions.

CHALLENGE

High production and processing costs.

Processing raw cashews requires intensive labor, with shelling costs contributing up to 41% of total processing expenses. Countries with higher labor costs experience 22% reduced price competitiveness compared to low-cost regions. Export tariffs in certain markets increase operational costs by 13%. Additionally, kernel contamination risks affect 17% of processors without hygienic equipment. These issues shape Raw Cashew Nuts Market Market Outlook as producers adopt automation technologies to reduce costs.

Raw Cashew Nuts Market Segmentation

The Raw Cashew Nuts Market Market is segmented by type and application, with each category demonstrating unique adoption trends and measurable usage patterns. Over 78% of raw cashew trade focuses on conventional products, while organic variants grow due to a 33% increase in premium food demand. Application segmentation shows that the food industry consumes 71% of global raw cashew volumes, while beverages represent 29%. These insights help strengthen Raw Cashew Nuts Market Market Report findings and assist B2B buyers using Raw Cashew Nuts Market Market Analysis and Forecast models.

BY TYPE

Conventional Cashew: Conventional cashews represent 78% of global production, with 64% sourced from West Africa and 23% from Asia. More than 59% of food processors use conventional cashews due to cost efficiency and widespread availability.

Organic Cashew: Organic cashews hold 22% share and are growing due to 33% consumer preference for chemical-free nuts. More than 28% of organic cashew exports go to Europe, while 31% serve premium vegan and health-food brands.

BY APPLICATION

Food Industry: This segment represents 71% of total cashew consumption, with 48% used in snacks, 22% in bakery items, and 19% in confectionery. Cashew-based dairy alternatives increased by 44%, strengthening food industry adoption.

Beverage Industry: The beverage segment accounts for 29% of cashew utilization. Cashew milk production has grown by 44%, while cashew-based creamers and smoothies represent 18% of new beverage innovations.

Raw Cashew Nuts Market Regional Outlook

The Raw Cashew Nuts Market Market demonstrates strong regional performance, with 64% of supply originating from West Africa, 23% from Asia, and 13% from Latin America. Processing is dominated by Asia-Pacific, which handles 68% of shelling activities. Europe and North America collectively account for 35% of global consumption, driven by premium and organic cashew demand. Emerging African markets show rapid expansion due to rising local processing capacities and global partnerships.

NORTH AMERICA

North America accounts for 11% of global Raw Cashew Nuts Market Market Share. The USA represents 78% of regional consumption, with 72% of households purchasing nuts monthly and cashews contributing 31% of nut intake. Canada accounts for 17% of regional demand. More than 52% of North American buyers prefer sustainably sourced raw cashews. Premium organic cashew imports increased by 38% in 2023–2024. E-commerce channels supply 41% of total retail nuts. Food manufacturers use 47% of imported cashews for snacks and dairy-alternative products. Raw Cashew Nuts Market Market Analysis shows 29% growth in plant-based applications driving regional expansion.

EUROPE

Europe accounts for 24% of global cashew consumption. Germany, the UK, and the Netherlands represent 63% of European demand. More than 58% of consumers prefer clean-label nut products, driving a 31% increase in organic cashew imports. The hospitality sector uses 22% of cashew volumes. Europe processes only 4% of global raw cashews but imports 27% of total kernels. Sustainable sourcing programs influence 46% of procurement decisions. Retail cashew sales have increased by 29% across major markets. Raw Cashew Nuts Market Market Insights highlight strong demand for premium kernels across confectionery and bakery industries.

ASIA-PACIFIC

Asia-Pacific processes 68% of global raw cashew nuts. Vietnam and India collectively shell 84% of the region’s cashew volumes. China and India represent 71% of regional consumption. More than 63% of APAC households buy nuts regularly. Cashew ingredient use in packaged foods has increased by 41%. Southeast Asian markets show 29% growth in natural and organic cashews. E-commerce accounts for 36% of retail cashew sales. Raw Cashew Nuts Market Market Trends in this region reflect rapid industrial expansion and rising middle-class purchasing power.

MIDDLE EAST & AFRICA

This region produces 64% of global raw cashews, led by Côte d’Ivoire, Nigeria, Guinea-Bissau, and Tanzania. Africa supplies 78% of its raw cashews to Asia for processing. Middle Eastern nations account for 8% of global consumption, with the UAE and Saudi Arabia representing 61% of regional demand. Local processing in Africa increased by 29% in 2023–2024. Tourism and hospitality contribute 33% of Middle Eastern cashew usage. Raw Cashew Nuts Market Market Outlook highlights rising investments in shelling facilities and sustainable farming across Africa.

List of Top Raw Cashew Nuts Companies

ALPHONSA CASHEW INDUSTRIES
Long Son JSC
Ajanta Industries
Achal Group of Industries
BATA FOOD
Delphi Organic
Duy Linh Company Limited
Visimex
, LTD
Aryan International
Dorado
Tierra Farm
Hoang Son 1 JSC
CAPRO

Top Two Companies (Highest Market Share)

ALPHONSA CASHEW INDUSTRIES holds approximately 9% of global processing share and exports raw cashews to more than 32 countries.
Long Son JSC accounts for 7% of global output and processes more than 86,000 tons of raw cashews annually.

Investment Analysis and Opportunities

Investment activity in the Raw Cashew Nuts Market Market continues expanding, driven by a 41% global increase in cashew-based product launches. More than 33% of investors prioritize sustainable farming initiatives, while 28% focus on in-country processing. West African nations have attracted 22% more investment into shelling plants, boosting local value addition. Automated sorting and grading technologies reduce labor demands by 27%, making them the top investment segment. Food manufacturers increased raw cashew procurement by 38% to support plant-based food production. Raw Cashew Nuts Market Market Opportunities remain strong, especially in organic farming, value-added kernel processing, and digital supply-chain systems enabling 34% efficiency gains.

New Product Development

Innovation in the Raw Cashew Nuts Market Market has expanded significantly, with 46% of brands launching new cashew-based formulations since 2023. More than 38% of new products focus on clean-label and organic ingredients. Cashew milk innovations have increased by 44%, while cashew-based desserts and spreads grew by 29%. Manufacturers have adopted moisture-controlled packaging, reducing spoilage by 21%. New processing technologies allow 32% higher kernel recovery rates. Flavored cashews—such as chili, honey, and truffle—represent 27% of new snack products. The rise in functional foods has increased protein-enriched cashew products by 19%, supporting premium product development.

Five Recent Developments

41% of global cashew processors upgraded to automated shelling machines in 2024.
West African countries increased local processing capacity by 29% between 2023–2025.
Organic cashew exports rose by 33% in 2024 due to EU demand.
Moisture-control packaging adoption grew by 22%, reducing kernel spoilage in long-distance shipments.
Value-added cashew snacks expanded by 37% in global retail outlets.

Report Coverage

This Raw Cashew Nuts Market Market Report covers comprehensive evaluation of production, consumption, processing, trade routes, and regional demand patterns. The study assesses more than 60 global manufacturers, capturing 47% market concentration across top producers. Segmentation insights highlight that conventional cashews hold 78% share while organic variants grow at 33% annually. The report provides detailed Raw Cashew Nuts Market Market Analysis, highlighting supply-chain constraints affecting 42% of producers and logistics delays impacting 37% of exporters. Raw Cashew Nuts Market Market Forecast models incorporate demand surges in plant-based food categories, with 44% growth in cashew-based milk and dairy alternatives. The report also outlines Raw Cashew Nuts Market Market Opportunities linked to sustainable farming, digital traceability, and local processing growth.