India Cashew Market - Growth, Trends, and Forecast (2019 - 2024)

The production, consumption, price trend and trade analysis of cashew in India is provided in detail in terms of value and volume.

Market Snapshot

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Study Period:

2015-2024

Base Year:

2018

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India Cashew Market

The production of inshell raw cashew in India was 758,410 metric ton in 2018 and is expected to register a CAGR of 1.8% during the forecast period, 2019-2024.India is the major cashew growing country in the Asia-Pacific, positioned as the largest producer of raw cashew nut (RCN) globally with 5.5 lakh metric tons per annum. In India, cashew is grown in the peninsular areas of Kerala, Karnataka, Goa and Maharashtra, Tamil Nadu, Andhra Pradesh, Orissa and West Bengal. 

Scope of the Report

Commercial cultivation of cashews in India started in the 1960s and now cashew is mainly grown as a cash crop by farmers across the country. As a pioneer in the cashew trade globally, India draws a considerable amount of foreign exchange through the cashew crop and the crop has earned a high economic status.

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Key Market Trends

Increasing Exports is Driving the Market in India

India has been the top exporter in global shelled cashew trade, accounting for more than 15% of the export in the last four years. Indian rice caters to UAE, Japan, Netherlands, Saudi Arabia and others . With the increasing demand for cashew globally, the exports are increasing from India. This factor is helping to enhance the production capacities of cashew in India. As cashew market in India is export oriented, there is an immense ooportunity for the  growth of the market.

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Enhancing Production Capacities

In India, cashew is grown in an area of 1.02 million hectare, with a productivity of 706 kg/ha. The major cashew growing Indian states are, Maharashtra, Andhra Pradesh, Orissa, Kerala, and Karnataka. Approximate raw cashew nut requirement of the country is estimated to be at 4-5 million metric ton or more by 2050. In order to keep up with the rise in the domestic and export demand for cashew (the country is the largest cashew consumer worldwide, and second-largest exporter of cashew kernels), Indian companies have recently invested into the purchase of large plantations and financing and management of processing facilities in Africa.
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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 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

    4. 4.4 Market Restraints

    5. 4.5 PESTLE Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Production Analysis

    2. 5.2 Consumption Analysis

    3. 5.3 Import Market Analysis (Volume and Value)

    4. 5.4 Export Market Analysis (Volume and Value)

    5. 5.5 Price Trend Analysis

  6. 6. PROCUREMENT REFERENCE MATRIX

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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