Cashew Nut Kernel Market Trends and Growth Opportunities 2034
Global Cashew Nut Kernel Market Size- By Product, By Type, By Distribution - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jun-2025 | Report ID: FMCG25116 | Pages: 1 - 250 | Formats*: |
| Category : Consumer & Retail | |||
Global Cashew Nut Kernel Market Introduction and Overview
According to SPER Market Research, the Global Cashew Nut Kernel Market is estimated to reach USD 10.93 billion by 2034 with a CAGR of 5.63%.
The report includes an in-depth analysis of the Global Cashew Nut Kernel Market, including market size and trends, product mix, Applications, and supplier analysis. The Global Cashew Nut Kernel Market was valued at USD 6.32 billion in 2024 and is estimated to grow at a CAGR 5.63% from 2025 to 2034. The growing demand for plant-based, healthful snacks worldwide has propelled the cashew nut kernel market's recent notable expansion. Due to their rich flavor and high nutritional content, cashew kernels are frequently eaten as snacks on their own and as essential components of confections, dairy substitutes, and food preparation. The market has expanded as a result of their adaptability in food applications, rising health consciousness, and dietary changes toward natural foods. Additionally, advancements in processing and packaging technology have improved product quality and shelf life. The market for cashew nut kernels is expected to continue expanding due to rising interest in sustainable sourcing and vegan diets.
By Product Insights
White whole cashew nut kernels were the largest product category on the market in 2024. The main cause of this increase is consumers' growing desire for healthy, premium snacks. Due to its distinct flavor profile, which appeals to consumers looking for a variety of snacking options, scorched wholes have a sizable market share and are becoming more and more well-liked. A steady expansion of the white cashew nut kernel is projected from 2025 to 2034. Their affordability and adaptability in food processing are the reasons behind their growing demand. Manufacturers have been inspired to incorporate charred pieces into their products by the trend toward healthier snack options. This is because consumers are becoming more interested in robust flavors without sacrificing nutrients.
By Type Insights
In 2024, the market for traditional cashew nut kernels dominated the market. Traditional farming methods, which may involve the use of artificial fertilizers and chemicals, are used to produce these kernels. The cost-effectiveness of this market segment keeps it important; conventional cashews are usually less expensive than organic ones, making them available to a larger range of consumers. Their affordability and ease of access draw in cost-conscious consumers who prefer affordability over organic certification. Furthermore, traditional cashews continue to have significant nutritional advantages, which supports their continued market share. Conventional cashew nuts are anticipated to hold a substantial market share as long as consumers continue to prioritize price.
By Distribution Insights
In 2024, supermarkets and hypermarkets were the most popular outlets for cashew nut kernel distribution. Sales through these stores are being driven mostly by the increased consumer appetite for easy, one-stop shopping experiences. Additionally, the growing popularity of healthy eating habits is driving up demand for cashew nut kernels at physical retail stores. The online market for cashew nut kernels is anticipated to increase significantly between 2025 and 2034. This trend is mostly driven by consumers' growing preference for simple accessibility and convenience when buying. Additionally, online platforms draw customers with regular discounts and promotions, which promote large purchases and aid in the growth of digital sales channels.
Regional Insights
From 2025 to 2034, the cashew nut kernel market in North America is projected to develop steadily. Growing consumer knowledge of the nutritional advantages of cashew nuts is a major factor in this expansion. Numerous customers are including cashews into their meals as a wholesome snack choice as health-conscious eating becomes more popular. Cashew interest has been further bolstered by support from organizations such as the U.S. Food and Drug Administration, which acknowledges the heart health benefits of nut eating. Furthermore, producers are launching novel items to appeal to both younger and older demographics as a result of the increased popularity of cashew-based ready-to-eat snacks.
Market Competitive Landscape
Leading players in the cashew nut kernel market are focusing on expanding production capacity, launching value-added products, and strengthening global distribution networks. Strategic partnerships, mergers, and investments in processing technology drive competitiveness and meet growing consumer demand for healthy snack options. Some of the key market players are Alphonsa Cashew Industries, Archer Daniels Midland Company, Bunge Limited, Diamond Foods LLC, Haldiram Foods International Private Limited, John B. Sanfilippo & Son Inc, Lien Anh Co. Ltd, Nestlé S.A, The Kraft Heinz Company, Vietnam Cashew Corporation (VINACAS).
Recent Developments:
In January 2024, Alphonsa Cashew Industries was commended by the CII Food Safety Awards for their steadfast adherence to GMP and industry-specific food safety regulations.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Product, By Type, By Distribution |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | Alphonsa Cashew Industries, Archer Daniels Midland Company, Bunge Limited, Diamond Foods LLC, Haldiram Foods International Private Limited, John B. Sanfilippo & Son Inc, Lien Anh Co. Ltd, Nestlé S.A, The Kraft Heinz Company, Vietnam Cashew Corporation (VINACAS). |
Key Topics Covered in the Report
- Global Cashew Nut Kernel Market Size (FY’2021-FY’2034)
- Overview of Global Cashew Nut Kernel Market
- Segmentation of Global Cashew Nut Kernel Market By Product (White Wholes, Scorched Wholes, Dessert Wholes, White Pieces, Scorched Pieces)
- Segmentation of Global Cashew Nut Kernel Market By Type (Conventional Cashew, Nut Kernel, Organic Cashew Nut Kernel)
- Segmentation of Global Cashew Nut Kernel Market By Distribution (Supermarkets & Hypermarkets, Convenience Stores, Grocery Stores, Online Retailers)
- Statistical Snap of Global Cashew Nut Kernel Market
- Expansion Analysis of Global Cashew Nut Kernel Market
- Problems and Obstacles in Global Cashew Nut Kernel Market
- Competitive Landscape in the Global Cashew Nut Kernel Market
- Details on Current Investment in Global Cashew Nut Kernel Market
- Competitive Analysis of Global Cashew Nut Kernel Market
- Prominent Players in the Global Cashew Nut Kernel Market
- SWOT Analysis of Global Cashew Nut Kernel Market
- Global Cashew Nut Kernel Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1.Introduction
1.1.Scope of the report1.2.Market segment analysis
2.Research Methodology
2.1.Research data source
2.1.1.Secondary Data2.1.2.Primary Data2.1.3.SPERs internal database2.1.4.Premium insight from KOLs
2.2.Market size estimation
2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation
3.Executive Summary
4.Market Dynamics
4.1.Driver, Restraint, Opportunity and Challenges analysis
4.1.1.Drivers4.1.2.Restraints4.1.3.Opportunities4.1.4.Challenges
5.Market variable and outlook
5.1.SWOT Analysis
5.1.1.Strengths5.1.2.Weaknesses5.1.3.Opportunities5.1.4.Threats
5.2.PESTEL Analysis
5.2.1.Political Landscape5.2.2.Economic Landscape5.2.3.Social Landscape5.2.4.Technological Landscape5.2.5.Environmental Landscape5.2.6.Legal Landscape
5.3.PORTERs Five Forces
5.3.1.Bargaining power of suppliers5.3.2.Bargaining power of buyers5.3.3.Threat of Substitute5.3.4.Threat of new entrant5.3.5.Competitive rivalry
5.4.Heat Map Analysis
6.Competitive Landscape
6.1.Global Cashew Nut Kernel Market Manufacturing Base Distribution, Sales Area, Product Type6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Cashew Nut Kernel Market
7.Global Cashew Nut Kernel Market, By Product (USD Million) 2021-2034
7.1.White Wholes7.2.Scorched Wholes7.3.Dessert Wholes7.4.White Pieces7.5.Scorched Pieces
8.Global Cashew Nut Kernel Market, By Type (USD Million) 2021-2034
8.1.Conventional Cashew Nut Kernel8.2.Organic Cashew Nut Kernel
9.Global Cashew Nut Kernel Market, By Distribution (USD Million) 2021-2034
9.1.Supermarkets & Hypermarkets9.2.Convenience Stores9.3.Grocery Stores9.4.Online Retailers
10.Global Cashew Nut Kernel Market, (USD Million) 2021-2034
10.1.Global Cashew Nut Kernel Market Size and Market Share
11.Global Cashew Nut Kernel Market, By Region, (USD Million) 2021-2034
11.1.Asia-Pacific
11.1.1.Australia11.1.2.China11.1.3.India11.1.4.Japan11.1.5.South Korea11.1.6.Rest of Asia-Pacific
11.2.Europe
11.2.1.France11.2.2.Germany11.2.3.Italy11.2.4.Spain11.2.5.United Kingdom11.2.6.Rest of Europe
11.3.Middle East and Africa
11.3.1.Kingdom of Saudi Arabia11.3.2.United Arab Emirates11.3.3.Qatar11.3.4.South Africa11.3.5.Egypt11.3.6.Morocco11.3.7.Nigeria11.3.8.Rest of Middle-East and Africa
11.4.North America
11.4.1.Canada11.4.2.Mexico11.4.3.United States
11.5.Latin America
11.5.1.Argentina11.5.2.Brazil11.5.3.Rest of Latin America
12.Company Profile
12.1.Alphonsa Cashew Industries
12.1.1.Company details12.1.2.Financial outlook12.1.3.Product summary12.1.4.Recent developments
12.2.Archer Daniels Midland Company
12.2.1.Company details12.2.2.Financial outlook12.2.3.Product summary12.2.4.Recent developments
12.3.Bunge Limited
12.3.1.Company details12.3.2.Financial outlook12.3.3.Product summary12.3.4.Recent developments
12.4.Diamond Foods LLC
12.4.1.Company details12.4.2.Financial outlook12.4.3.Product summary12.4.4.Recent developments
12.5.Haldiram Foods International Private Limited
12.5.1.Company details12.5.2.Financial outlook12.5.3.Product summary12.5.4.Recent developments
12.6.John B. Sanfilippo & Son Inc
12.6.1.Company details12.6.2.Financial outlook12.6.3.Product summary12.6.4.Recent developments
12.7.Lien Anh Co. Ltd
12.7.1.Company details12.7.2.Financial outlook12.7.3.Product summary12.7.4.Recent developments
12.8.Nestlé S.A
12.8.1.Company details12.8.2.Financial outlook12.8.3.Product summary12.8.4.Recent developments
12.9.The Kraft Heinz Company
12.9.1.Company details12.9.2.Financial outlook12.9.3.Product summary12.9.4.Recent developments
12.10.Vietnam Cashew Corporation (VINACAS)
12.10.1.Company details12.10.2.Financial outlook12.10.3.Product summary12.10.4.Recent developments
12.11.Others
13.Conclusion
14.List of Abbreviations
15.Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Cashew Nut Kernel Market is projected to reach USD 10.93 billion by 2034, growing at a CAGR of of 5.63% during the forecast period.
Cashew Nut Kernel Market grew in Market size from 2025. The Market is expected to reach USD 10.93 billion by 2034, at a CAGR of 5.63% during the forecast period.
Cashew Nut Kernel Market CAGR of 5.63% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Cashew Nut Kernel Market size is USD 10.93 billion from 2025 to 2034.
Cashew Nut Kernel Market is covered By Product, By Type, By Distribution
The North America is anticipated to have the highest Market share in the Cashew Nut Kernel Market.
Alphonsa Cashew Industries, Archer Daniels Midland Company, Bunge Limited, Diamond Foods LLC, Haldiram Foods International Private Limited, John B. Sanfilippo & Son Inc, Lien Anh Co. Ltd, Nestlé S.A, The Kraft Heinz Company, Vietnam Cashew Corporation (VINACAS).
The report includes an in-depth analysis of the Global Cashew Nut Kernel Market, including market size and trends, product mix, Applications, and supplier analysis.
PLACE AN ORDER
Year End Discount
Sample Report
Pre-Purchase Inquiry
NEED CUSTOMIZATION?
Request CustomizationCALL OR EMAIL US
100% Secure Payment
Related Reports
Have a glance of the Report
Our Global Clients
Our data-driven insights have influenced the strategy of 200+ reputed companies across the globe.
