Cashew Market In India Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Cashew Production in India. It Analyzes the Production (Volume), Consumption (Value and Volume), and Trade in Terms of Import (Value and Volume), Export (Value and Volume), and Price Trend Analysis. The Report Offers the Market Size and Forecasts in Terms of Volume in Metric Tons and Value in USD for all the Above Segments.

Cashew Market In India Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Cashew Market Size

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India Cashew Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2019 - 2023
Market Size (2025) USD 2.49 Billion
Market Size (2030) USD 3 Billion
CAGR (2025 - 2030) 3.80 %

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India Cashew Market Analysis

The India Cashew Market size is estimated at USD 2.49 billion in 2025, and is expected to reach USD 3 billion by 2030, at a CAGR of 3.80% during the forecast period (2025-2030).

India is among the major cashew-producing countries globally. According to the India Brand Equity Foundation (IBEF), 2024, the cultivation of cashews in India covers a total of 0.7 million hectares of land, and the country produces over 0.8 million tons (MT) annually. As per the Directorate of Cashewnut and Cocoa Development, Kochi, cashew has a valuable foreign exchange of about USD 0.47 billion annually. It employs about 15 lakh people in the processing and agrarian sectors.

In recent years, the cashew market has seen a rapid shift in the consumption pattern across India, primarily owing to flavored assorted cashew products occupying an increased share in the retail market space. In India, cashew is grown in Kerala, Karnataka, Goa, and Maharashtra along the west coast and Tamil Nadu, Andhra Pradesh, Orissa, and West Bengal along the east coast. Cashew is also being cultivated in Chhattisgarh, Northeastern States (Assam, Manipur, Tripura, Meghalaya, and Nagaland) and Andaman Nicobar Islands to a limited extent. However, Maharashtra, Andhra Pradesh, Odisha, Karnataka, and Tamil Nadu are the major states, as per the Press Information Bureau (PIB), 2023.

With increasing health consciousness, consumers are choosing to snack healthy, so the demand for flavored cashews is rising in India. In India, cashew nuts are available as roasted, salted, flavored, and coated with spices, honey, etc. Value-added products, like cashew powder, butter, and drinks, are available in the market. However, the cashew market in the country is likely to be hampered as the local population prefers other lighter snacks, available at lower prices, for on-the-go snacking.

  

India Cashew Market News

  • January 2024: Agricultural experts and engineers in New Delhi developed a groundbreaking machine that simplifies cashew kernel extraction. This will make kernel extraction faster and more cost-effective, saving labor costs and significantly increasing their overall cashew output.
  • October 2022: Goa Forest Development Corporation proposed a cashew festival in April-May 2023 to boost cashew cultivation in the state and bid to make Goa self-sufficient in cash crop production in the next 5 to 10 years.
  • March 2022: The new Silver Jubilee building of the Indian Council of Agricultural Research (ICAR)-Directorate of Cashew Research, Puttur, Karnataka, is regarded as a new dimension in the Council's vision of empowering and benefiting the agricultural community, which will help in advancing the research on the Cashew crop.

India Cashew Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 High Export Demand
    • 4.2.2 Demand for Vegan-based diet
    • 4.2.3 Increasing Awareness of Health Benefits
  • 4.3 Market Restraints
    • 4.3.1 Labor Shortages and High Labor Costs
    • 4.3.2 Vulnerability to Climate Change
  • 4.4 Value Chain Analysis

5. MARKET SEGMENTATION

  • 5.1 Production Analysis
  • 5.2 Consumption Analysis (Volume and Value)
  • 5.3 Import Market Analysis (Volume and Value)
  • 5.4 Export Market Analysis (Volume and Value)
  • 5.5 Price Trend Analysis

6. Regional Analysis

  • 6.1 PESTLE Analysis
  • 6.2 Government Regulations and Policies
  • 6.3 Distribution Channel Analysis

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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India Cashew Industry Segmentation

Cashew nuts are edible kidney-shaped nuts, rich in oil and protein, and are roasted and shelled before being eaten. The Indian cashew market report analyzes the production (volume), consumption (value and volume), and trade in terms of import (value and volume), export (value and volume), and price trend analysis. The report offers the market size and forecasts in terms of volume (metric tons) and value (USD) for all the above segments.

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India Cashew Market Research FAQs

How big is the India Cashew Market?

The India Cashew Market size is expected to reach USD 2.49 billion in 2025 and grow at a CAGR of 3.80% to reach USD 3 billion by 2030.

What is the current India Cashew Market size?

In 2025, the India Cashew Market size is expected to reach USD 2.49 billion.

What years does this India Cashew Market cover, and what was the market size in 2024?

In 2024, the India Cashew Market size was estimated at USD 2.40 billion. The report covers the India Cashew Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the India Cashew Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

India Cashew Industry Report

Statistics for the 2025 India Cashew market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. India Cashew analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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