The primary actors in a typical cashew value chain are farmers, Primary Cooperative Societies (PCSs), regional cooperative unions, processors, exporters, roasters, and retailers (including shops as well as roadside and street vendors). There are two distinct markets for cashew – the domestic market and the export market. The value chain for cashew is different for both segments of the market and the value at the end depends on the demand in both the segments.
The demand for cashew has been in a “see-saw” state. The demand has reduced in a few regions due to the increase in prices, while in the major markets like India and the United States, the demand has been robust, which can be attributed to the health benefits associated with cashews.
There is no regulatory authority or group that regulates cashew prices and this affects all the stakeholders in the cashew value chain. A good financial structure is also a must, as many small-scale farmers are involved in cashew production and they need financial support to sustain in the market. Social impact investors are a new line of financial supporters that are keen on lending to Indian farmers so that they can meet their working capital needs. Vietnam is one of the largest exporters and processors of cashew nuts, while India is the largest producer of raw cashew nuts.
Global cashew prices have been constantly fluctuating due to various reasons, such as import duties imposed by government, decline in production of cashew, and competition from other dry fruits like almonds and walnuts, etc. This has led to a mixed demand for cashews in the global market. India and the United States remain the largest consumers of cashew, while new markets are emerging in various African countries like Tanzania and Mozambique. It is projected that the entry of these new market players will help in the relaxation of global cashew prices.
1.1 Market Definition
1.2 Key Findings of the Study
2. Research Scope and Methodology
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Methodology
2.4 Research Phases
3. Supply Chain Analysis
3.1 Detailed Supply Chain Structure
3.2 Issues in the Supply Chain
4. Value Chain Analysis
4.1 Detailed Value Chain Structure
4.2 Issues in the Value Chain
5.1 Industry Outlook