Brazil Cashew Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Brazil cashew market is segmented based on the trend, growth, production, consumption, and demand. It also includes value chain analysis and price trend analysis of cashew in Brazil.

Market Snapshot

Captured
Study Period:

2016 - 2026

Base Year:

2019

CAGR:

3.8 %

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Market Overview

The cashew market in Brazil is estimated to register a 3.8% CAGR during the forecast period (2020-2025). Cashew is a perennial tree with origins in Brazil. Brazil is one of the major producers and exporters of cashew nuts in the world. Although cashew farms are distributed over several states, the Northeast region accounts for over 95% of the Brazilian production, with the largest orchards located in coastal and transition zones of Ceará, Rio Grande do Norte, and Piauí states. Being very sensitive to the increase in price, which is directly passed on to consumers, consumption of cashew is affected by the consumers’ purchasing power. When cashew prices are too high, consumers switch to other nuts or types of snacks.​ Most cashew kernels are consumed as roasted and salted in snacks, and as ingredients in chocolate and ice cream products. Consumption is actively promoted by scientific research and frequent reports on the health value of nut consumption. Considerable amounts of cashew apples are also consumed fresh or processed.

Scope of the report

Cashew nuts are edible kidney-shaped nuts, rich in oil and protein, and are roasted and shelled before eaten. Oil extracted from the shells is used as a lubricant, in the production of plastics. The study analyzes the scenario of the cashew market in Brazil. The report covers production, consumption, trade, and price trend analyses of cashew at a macro-level, in addition to the value chain and price trend analysis.

Geography
Brazil
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis

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Key Market Trends

Brazil as Major Producer of Cashew

Brazil is one of the major producers of cashew globally, which accounts for 141 thousand ton in 2018 because the demand for cashew in Brazil is high, due to continuous growth, stimulated by the continuing trend toward healthier nutrition and a strong preference for sustainably-produced foods and fuelled by the rapidly increasing request for healthy snack products, which, in turn, will boost the Brazilian cashew market during the forecast period. As per FAO, cashew production in 2018 accounted for 141,418 ton, which increased from 74,568 ton in 2016, showing significant growth in the production of cashew in the region.

Brazil Cashew Market

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Brazil Leads in the Export of Cashews in Terms of Value

Over 14% of the domestic production is exported to all major markets, mostly as natural cashew kernels of all grades and sizes, part of which are bio-products. Export of cashews to other countries is stimulated by the increasing trend in local demand, owing to focus toward healthy nutrition and a strong preference for sustainably-produced foods, and fuelled by the rapidly increasing request for snack products.​ Given the strong correlation between cashew demand and prices, the price competitiveness of the Brazilian export is expected to depend on the cashew sector performance and facility of adaptation to the consumers’ requirements.​​

Brazilian Cashew Market

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain / Supply Chain Analysis

    5. 4.5 PESTLE Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography

      1. 5.1.1 Brazil

        1. 5.1.1.1 Production Analysis

        2. 5.1.1.2 Consumption Analysis and Market Value

        3. 5.1.1.3 Import Market Analysis (Volume and Value)

        4. 5.1.1.4 Export Market Analysis (Volume and Value)

        5. 5.1.1.5 Price Trend Analysis

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Brazil Cashew Market market is studied from 2016 - 2026.

The Brazil Cashew Market is growing at a CAGR of 3.8% over the next 5 years.

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