Middle East And Africa Cashew Nuts Market

Middle East and Africa Cashew Nuts Market Size (2024 To 2029) 

Middle East and Africa Cashew Nuts Market was worth USD 0.52 billion in 2024  and estimated to be growing at a CAGR of 2.94 %, to reach USD 0.61 billion by 2029.

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 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 the Middle East and Africa 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 an 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.

This Research Report on Middle East and Africa Cashew Nuts Market is egmented and sub segmented into following categories,

Middle East and Africa Cashew Nuts Market - By Form:

Middle East and Africa Cashew Nuts Market is segmented based on form into

• Whole

• Powder

• Paste,

• Splits

• Roasted

The whole segment has the largest share of the segment.

Middle East and Africa Cashew Nuts Market - By Usage:

• Dairy products

• Confectionaries

• Bakery products

• Snacks 

• Bars

• Cereals

• Desserts 

• Beverages

Middle East and Africa Cashew Nuts Market - By Distribution Channel:

• Hypermarkets 

• Supermarkets

• Specialist stores

• Convenience stores

• Retailers

Middle East and Africa Cashew Nuts Market - By Region:

• UAE

• Israel

• KSA

• South Africa

• Egypt

The market in the region can be geographically divided into the Middle East and Africa regions. 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.

KEY MARKET PLAYERS:

Key market players of Middle East and Africa Cashew Nuts Market are 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