India Cashew Market - Growth, Trends, and Forecast (2020 - 2025)

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

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

2.1 %

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Market Overview

The production of inshell raw cashew in India was 758,410 metric ton in 2019 and is expected to register a CAGR of 2.1% during the forecast period, 2020-2025.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

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 India scenario of the cashew market. 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. Raw cashew nuts (in shell) have been considered while collecting data for production.

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Key Market Trends

Increasing Exports of Shelled Cashew

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, exports are increasing from India. This factor is helping to enhance the production capacities of cashew in India. As the cashew market in India is export-oriented, there is an immense opportunity for the growth of the market.

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Increase in Production Capacities

In India, cashew is grown in an area of 1.02 million hectares, with a productivity of 706 kg/ha as of 2018. The major cashew growing Indian states are Maharashtra, Andhra Pradesh, Orissa, Kerala, and Karnataka. The approximate raw cashew nut requirement of the country is estimated to be at 4-5 million metric tons 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. MARKET OPPORTUNITIES AND FUTURE TRENDS

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