Europe Cashew Nuts Market was worth USD xx billion in 2022 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2027.
The cashew nut which is often simply called cashew is a widely consumed dry fruit. It is eaten on its own, processed into cashew butter or cashew cheese, or is used in recipes. The shell of the cashew seeds yields derivatives that can be used in many applications such as paints, lubricants, waterproofing, and arms production. The cashew apple is a yellow to light reddish fruit, whose pulp can be processed into an astringent, sweet fruit drink or distilled into liquor. Cashew nuts are rich in protein, dietary fiber, and antioxidants and moderate amounts of polyunsaturated fats and heart-healthy monounsaturated fat, these essential fatty acids rise the levels of good high-density lipoprotein cholesterol and lower harmful low-density lipoprotein cholesterol in the blood composition. They are rich in various essential minerals like magnesium, potassium, calcium, copper, iron, zinc, and phosphorus. Cashew nuts are also rich in vitamins such as vitamin C, vitamin E, vitamin B1, vitamin B2, vitamin B3, vitamin B6, and vitamin K.
The driving factors of European Cashew Nuts market are growing demand for convenience foods, and ready-to-eat snacks. The availability of various flavors including butter, pepper, smoky, and salted, has driven the sales of organic cashew nuts. Consumers are increasingly adopting to a vegan lifestyle and opting for healthy substitutes for meat and dairy. Other factors attributable to the high growth include the increasing number of working women, a rise in per-capita health expenditure, rapid urbanization, and growth in the middle-class population. The presence of several natural ingredients in cashew nuts with rising awareness regarding health benefits is expected to contribute significantly to the growth of this market in the forecast period.
The Europe Cashew Nuts market is segmented based on
form into a whole
powder
paste
splits
roasted
By usage, the market is divided into
dairy products
confectionaries
bakery products
snacks
bars
cereals
By distribution channels, the market is categorized into
hypermarkets and supermarkets
specialist stores
convenience stores
retailers
The Europe Cashew Nuts market is divided based on geography into
United Kingdom
France
Italy
Germany
Spain
Europe has the second leading market for Cashew Nuts in the world. Factors such as growing demand for convenience foods and rising awareness about its health benefits are expected to drive the market growth in the region.
Ajanta Industries
Achal Cashew nuts
Agrocel Industries
ALIEN GREEN
BATA FOOD
Cascade Agroindustrial S.A.
CBL Natural Foods (PVT) LTD.
DIVINE FOODS
Delphi Organic
Aryan International
Tierra Farm and others
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