Market Size of India Processed Cashew Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 9.33 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Processed Cashew Market Analysis
The Indian processed cashew market is projected to register a CAGR of 9.33% during the forecast period (2020-2025).
- The cashew kernel market has witnessed a rapid shift in the consumption pattern, across India, in recent years, primarily due to the flavored assorted cashew products occupying an increased share in the retail market space.
- With rising health-consciousness, consumers are preferring to snack healthy, due to which the demand for flavored cashews is rising in India.
- However, the cashew market in the country is expected to be hindered, as the local population prefers other lighter snacks, available at cheaper prices, for on-the-go snacking.
