Cashew Nut Snacks Market Size, Share & Trends Analysis Report By Product (Roasted Cashew Nut Snacks, Salted Cashew Nut Snacks), By Application, By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

PUBLISHED: December 23, 2024

PAGES: 80 Pages

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The global cashew nut snacks market size was estimated at USD 3,085.0 million in 2023 and is expected to grow at a CAGR of 4.2% from 2024 to 2030. The increasing consumer awareness regarding health and nutrition is a significant driver of the cashew nut snacks market. Cashews are recognized for their rich nutritional profile, which includes high levels of protein, healthy fats, vitamins, and minerals. This has led to a rising demand for healthier snack options as consumers shift away from traditional snacks, often high in sugar and unhealthy fats. The health benefits of cashew nuts, such as cholesterol reduction and cardiovascular health support, further bolster their appeal as a nutritious snack choice.

The cashew nut snacks market is also benefiting from continuous product innovation. Manufacturers are diversifying their offerings by introducing flavored cashew nuts, organic varieties, and products incorporating cashews into other snack formats such as bars and trail mixes. This innovation caters to diverse consumer tastes and enhances cashews' versatility in various culinary applications. The introduction of unique flavors and combinations has attracted a broader audience, particularly among younger consumers who seek novel snacking experiences.

The expansion of distribution channels has significantly contributed to the growth of the cashew nut snacks market. With the rise of e-commerce platforms and specialty food stores, consumers have greater access to various cashew products than ever before. Retailers are increasingly stocking cashew-based snacks, making them more accessible to health-conscious consumers. This increased availability is crucial in driving sales, allowing brands to reach wider audiences across different regions.

The global demand for cashew nuts is notably strong in Europe and North America. Countries such as Germany lead in European consumption due to a growing preference for organic and health-oriented products. The presence of major companies involved in processing and packaging cashews enhances market dynamics, contributing to steady consumption growth. In North America, healthier snacking options continue to drive up demand for cashew nuts as consumers seek alternatives that align with their dietary preferences.

The COVID-19 pandemic has also accelerated trends toward healthier eating habits. During this period, many consumers have shifted their focus toward natural ingredients and functional foods that support overall well-being. This shift has increased interest in snacks made from nuts, including cashews, as they are perceived as healthier options than processed snacks.

A key challenge for the cashew nut snacks market is the intense competition from alternative plant-based snacks. As consumer preferences shift towards healthier options, other nuts like almonds and peanuts are gaining popularity due to their lower price points and perceived health benefits. This competition can limit the market share for cashew snacks, especially in price-sensitive regions where consumers may opt for more affordable alternatives. In addition, the cashew processing industry often struggles with limited access to raw materials and financing, which can hinder production capabilities and innovation in product offerings. These factors combined create a challenging environment for the cashew snacks market, necessitating strategic adaptations from producers to maintain competitiveness and profitability.

Global Cashew Nut Snacks Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global cashew nut snacks market report based on product, application, distribution channel, and region:

Application Outlook (Revenue, USD Million, 2018 - 2030)
Household
Food Service
Industrial
Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Offline
Online
Product Outlook (Revenue, USD Million, 2018 - 2030)
Roasted Cashew Nuts
Salted Cashew Nuts
Unsalted Cashew Nuts
Flavored Cashew Nuts
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Spain
Asia Pacific
- China
- Japan
- India
- Australia & New Zealand
- South Korea
Central & South America
- Brazil
Middle East & Africa
- South Africa

Product Code: GVR-4-68040-492-9

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
1.4. Information Analysis
- 1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Application Outlook
2.3. Distribution Outlook
2.4. Competitive Landscape Outlook

Chapter 3. Cashew Nut Snacks Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Outlooks
- 3.3.2. Manufacturing and Distribution Trends
- 3.3.3. Profit Margin Analysis
3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunities
- 3.4.4. Market Challenges
3.5. Industry Analysis - Porter's Five Forces Analysis
3.6. Market Entry Strategies

Chapter 4. Cashew Nut Snacks Market: Application Estimates & Trend Analysis

4.1. Cashew Nut Snacks Market, by Application: Key Takeaways
4.2. Application Movement Analysis & Market Share, 2023 & 2030
4.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Million)
- 4.3.1. Household
  - 4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.3.2. Food Service
  - 4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 4.3.3. Industrial
  - 4.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 5. Cashew Nut Snacks Market: Distribution Estimates & Trend Analysis

5.1. Cashew Nut Snacks Market, by Distribution: Key Takeaways
5.2. Distribution Movement Analysis & Market Share, 2023 & 2030
5.3. Market Estimates & Forecasts, by Distribution, 2018 - 2030 (USD Million)
- 5.3.1. Offline
  - 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 5.3.2. Online
  - 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 6. Cashew Nut Snacks Market: Product Estimates & Trend Analysis

6.1. Cashew Nut Snacks Market, by Product: Key Takeaways
6.2. Product Movement Analysis & Market Share, 2023 & 2030
6.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Million)
- 6.3.1. Roasted Cashew Nuts
  - 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.2. Salted Cashew Nuts
  - 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.3. Unsalted Cashew Nuts
  - 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
- 6.3.4. Flavored Cashew Nuts
  - 6.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)

Chapter 7. Cashew Nut Snacks Market: Regional Estimates & Trend Analysis

7.1. Cashew Nut Snacks Market: Regional Outlook
7.2. Regional Movement Analysis & Market Share, 2023 & 2030
7.3. Market Estimates & Forecasts, by Region & Country, 2018 - 2030 (USD Million)
- 7.3.1. North America
  - 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.1.2. U.S.
    - 7.3.1.2.1. Key country dynamics
    - 7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.1.3. Canada
    - 7.3.1.3.1. Key country dynamics
    - 7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.1.4. Mexico
    - 7.3.1.4.1. Key country dynamics
    - 7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.2. Europe
  - 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.2.2. Germany
    - 7.3.2.2.1. Key country dynamics
    - 7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.2.3. UK
    - 7.3.2.3.1. Key country dynamics
    - 7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.2.4. France
    - 7.3.2.4.1. Key country dynamics
    - 7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.2.5. Italy
    - 7.3.2.5.1. Key country dynamics
    - 7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.2.6. Spain
    - 7.3.2.6.1. Key country dynamics
    - 7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.3. Asia Pacific
  - 7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.3.2. China
    - 7.3.3.2.1. Key country dynamics
    - 7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.3.3. Japan
    - 7.3.3.3.1. Key country dynamics
    - 7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.3.4. India
    - 7.3.3.4.1. Key country dynamics
    - 7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.3.5. Australia & New Zealand
    - 7.3.3.5.1. Key country dynamics
    - 7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.3.6. South Korea
    - 7.3.3.6.1. Key country dynamics
    - 7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.4. Central & South America
  - 7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.4.2. Brazil
    - 7.3.4.2.1. Key country dynamics
    - 7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Million)
- 7.3.5. Middle East & Africa
  - 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Million)
  - 7.3.5.2. South Africa
    - 7.3.5.2.1. Key country dynamics

Chapter 8. Competitive Analysis

8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Participant's Overview
8.4. Financial Performance
8.5. Source Benchmarking
8.6. Company Market Share Analysis, 2023 (%)
8.7. Company Heat Map Analysis
8.8. Strategy Mapping
8.9. Company Profiles
- 8.9.1. Nestle S.A.
- 8.9.2. Archer Daniels Midland Company
- 8.9.3. Bunge Limited
- 8.9.4. The Kraft Heinz Company
- 8.9.5. John B. Sanfilippo & Son Inc.
- 8.9.6. Vietnam Cashew Corporation (VINACAS)
- 8.9.7. Lien Anh Co. Ltd
- 8.9.8. Haldiram Foods International Private Limited
- 8.9.9. Alphonsa Cashew Industries
- 8.9.10. Diamond Foods LLC
- 8.9.11. Emerald Nuts LLC
- 8.9.12. Aurora Products Inc.
- 8.9.13. Aryan Food Ingredients Limited
- 8.9.14. CBL Natural Foods Private Limited
- 8.9.15. Nutsco Inc.

Product Code: GVR-4-68040-492-9

List of Tables

Table 1 Cashew Nut Snacks market - Key market driver analysis
Table 2 Cashew Nut Snacks market - Key market restraint analysis
Table 3 Cashew Nut Snacks market estimates & forecast, by product (USD Million)
Table 4 Cashew Nut Snacks market estimates & forecast, by distribution channel (USD Million)
Table 5 Cashew Nut Snacks market estimates & forecast, by application (USD Million)
Table 6 North America Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 7 North America Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 8 North America Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 9 U.S macro-economic outlay
Table 10 U.S Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 11 U.S Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 12 U.S Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 13 Canada macro-economic outlay
Table 14 Canada Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 15 Canada Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 16 Canada Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 17 Mexico macro-economic outlay
Table 18 Mexico Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 19 Mexico Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 20 Mexico Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 21 Europe Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 22 Europe Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 23 Europe Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 24 Germany macro-economic outlay
Table 25 Germany Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 26 Germany Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 27 Germany Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 28 UK macro-economic outlay
Table 29 UK Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 30 UK Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 31 UK Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 32 France macro-economic outlay
Table 33 France Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 34 France Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 35 France Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 36 Italy macro-economic outlay
Table 37 Italy Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 38 Italy Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 39 Italy Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 40 Spain macro-economic outlay
Table 41 Spain Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 42 Spain Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 43 Spain Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 44 Asia Pacific Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 45 Asia Pacific Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 46 Asia Pacific Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 47 China macro-economic outlay
Table 48 China Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 49 China Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 50 China Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 51 Japan macro-economic outlay
Table 52 Japan Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 53 Japan Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 54 Japan Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 55 India macro-economic outlay
Table 56 India Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 57 India Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 58 India Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 59 Australia macro-economic outlay
Table 60 New Zealand macro-economic outlay
Table 61 Australia & New Zealand Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 62 Australia & New Zealand Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 63 Australia & New Zealand Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 64 South Korea macro-economic outlay
Table 65 South Korea Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 66 South Korea Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 67 South Korea Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 68 Central & South America Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 69 Central & South America Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 70 Central & South America Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 71 Brazil macro-economic outlay
Table 72 Brazil Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 73 Brazil Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 74 Brazil Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 75 Middle East & Africa Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 76 Middle East & Africa Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 77 Middle East & Africa Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 78 South Africa macro-economic outlay
Table 79 South Africa Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Table 80 South Africa Cashew Nut Snacks market revenue estimates and forecast by product, 2018 - 2030 (USD Million)
Table 81 South Africa Cashew Nut Snacks market revenue estimates and forecast by application, 2018 - 2030 (USD Million)
Table 82 Recent developments & impact analysis, by key market participants
Table 83 Company market share, 2023
Table 84 Company heat map analysis
Table 85 Companies undergoing key strategies

List of Figures

Fig. 1 Cashew Nut Snacks market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research approaches
Fig. 5 Primary research process
Fig. 6 Market snapshot
Fig. 7 Application snapshot
Fig. 8 End-use snapshot
Fig. 9 Regional snapshot
Fig. 10 Competitive landscape snapshot
Fig. 11 Cashew Nut Snacks market size, 2018 to 2030 (USD Million)
Fig. 12 Cashew Nut Snacks Market: Penetration & growth prospect mapping
Fig. 13 Cashew Nut Snacks Market: Value chain analysis
Fig. 14 Cashew Nut Snacks Market: Profit margin analysis
Fig. 15 Cashew Nut Snacks Market: Market dynamics
Fig. 16 Cashew Nut Snacks Market: Porter's five forces analysis
Fig. 17 Cashew Nut Snacks Market, by product: Key Takeaways
Fig. 18 Cashew Nut Snacks Market: Application movement analysis, 2023 & 2030 (%)
Fig. 19 Roasted cashew nut snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 20 Salted cashew nut snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 21 Unsalted cashew nut snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 22 Cashew Nut Snacks market, by distribution channel: Key Takeaways
Fig. 23 Cashew Nut Snacks market, by application: Key Takeaways
Fig. 24 Cashew Nut Snacks market: Distribution movement analysis, 2023 & 2030 (%)
Fig. 25 Cashew Nut Snacks market: Regional outlook, 2023 & 2030, (USD Million)
Fig. 26 Regional marketplace: Key takeaways
Fig. 27 North America Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 28 US Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 29 Canada Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 30 Mexico Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 31 Europe Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 32 UK Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 33 Germany Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 34 France Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 35 Italy Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 36 Spain Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 37 Asia Pacific Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 38 China Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 39 Japan Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 40 India Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 41 Australia & New Zealand Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 42 South Korea Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 43 Central & South America Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 44 Brazil Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 45 Middle East & Africa Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 46 South Africa Cashew Nut Snacks market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 47 Key company categorization
Fig. 48 Company market share analysis, 2023
Fig. 49 Strategic framework of Cashew Nut Snacks market