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

The Tanzanian Cashew Market Report Provides An Overview of Production Analysis by Volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis. The Report Offers the Market Size and Forecasts in Terms of Value (USD) and Volume (metric Tons) for all the Above Segments.

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

Tanzania Cashew Market Size

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Tanzania 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 721.93 Million
Market Size (2030) USD 898.79 Million
CAGR (2025 - 2030) 4.48 %

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Tanzania Cashew Market Analysis

The Tanzania Cashew Market size is estimated at USD 721.93 million in 2025, and is expected to reach USD 898.79 million by 2030, at a CAGR of 4.48% during the forecast period (2025-2030).

The cashew market in Tanzania is integral to the country's agricultural sector, significantly impacting both production and export activities. Cashews, primarily grown in coastal regions, are a key cash crop, making Tanzania a leading producer in Africa. The market's growth is driven by better market conditions, increased investments in processing facilities, and a wider range of value-added products. Tanzanian companies are expanding their offerings to include roasted cashews, cashew butter, and cashew milk, catering to health-conscious consumers. In 2022, the Tanzania Investment Center (TIC) collaborated with local investors to establish cashew nut processing factories. This initiative aims to enhance international exports of value-added cashew products, increase export revenues, and create employment opportunities for Tanzanians.

The Tanzanian government is actively supporting the development of the cashew value chain by promoting investments in processing, adopting modern technology, and adding local value. In 2023, CARE International, in partnership with Danida Markets Development Partnerships (DMDP) and commercial partner Out-Growers Tanzania Limited, launched a four-year project with a budget of 10 million Danish Kroner (USD 1.4 million). This project aims to directly engage 3,000 smallholder cashew farmers, involving them in Farmer Field and Business Schools (FFBS), Village Savings and Lending Associations (VSLAs), and the Agricultural Marketing Cooperative Society (AMCOs) of Duga. A notable aspect of this initiative is that farmers, through their Agricultural Marketing Cooperative Society (AMCOS), can co-own a cashew processing facility in partnership with Out-Growers Tanzania Limited, under the newly formed Out Growers KILIMO Industry Sigaya Limited, supporting market growth. Despite these market drivers, challenges such as climate change, market fluctuations, and infrastructural shortcomings may hinder the market. Nevertheless, the combined importance of production, export potential, rising demand for value-added products, and proactive government initiatives are expected to drive market growth in the coming years.

Tanzania Cashew Market News

  • October 2024: Maersk has introduced the 'Korosho Express' to bolster Tanzania's growing cashew trade. This specialized ocean freight service facilitates the export of cashews from the Port of Mtwara to markets in India, Vietnam, and China. Operating bi-weekly from the southern Tanzanian port, the service addresses the rising demand for Tanzanian cashews.
  • December 2023: The Export Processing Zones Authority (EPZA), responsible for mobilizing and registering major industries in Tanzania for export, has inaugurated the country's largest cashew factory in Mkuranga.

Tanzania 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 Varied Applications in Food and Beverage Sector
    • 4.2.2 Government Supportive Initiatives
    • 4.2.3 Growing Export Revenue
  • 4.3 Market Restraints
    • 4.3.1 Limited Processing Capacity
    • 4.3.2 Price Fluctuation of the Produce
  • 4.4 Value Chain/Supply Chain Analysis

5. MARKET SEGMENTATION

  • 5.1 Production Analysis (Volume)
  • 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. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Tanzania Cashew Industry Segmentation

Cashew nuts are edible kidney-shaped nuts, rich in oil and protein, and are roasted and shelled before being eaten. The Tanzanian cashew market provides an overview of Production Analysis by volume, Consumption Analysis by Value and Volume, Import Analysis by Value and Volume, Export Analysis by Value and Volume, and Price Trend Analysis. The report offers the market size and forecasts in terms of value (USD) and volume (metric tons) for all the above segments.

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Tanzania Cashew Market Research FAQs

How big is the Tanzania Cashew Market?

The Tanzania Cashew Market size is expected to reach USD 721.93 million in 2025 and grow at a CAGR of 4.48% to reach USD 898.79 million by 2030.

What is the current Tanzania Cashew Market size?

In 2025, the Tanzania Cashew Market size is expected to reach USD 721.93 million.

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

In 2024, the Tanzania Cashew Market size was estimated at USD 689.59 million. The report covers the Tanzania Cashew Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Tanzania Cashew Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Tanzania Cashew Industry Report

Statistics for the 2025 Tanzania Cashew market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Tanzania 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.