Asia-Pacific cashew nuts market is estimated to grow at a CAGR of 5.2% during the forecast period. Significant awareness regarding health benefits associated with cashew nuts is a major factor accelerating market growth. During the period, 2019-2020, India accounted for 22% of cashew production across the globe. Additionally, India imported 5,330 metric tons of cashew in 2018. Additionally, Japan and Australia imported 10,428 and 11,640 metric tons of cashew nuts in 2018. Cashew nuts are becoming significantly consumed as a raw and roasted form in Asian countries owing to the health benefits associated with these nuts. Roasted cashews are a healthier option while eaten in moderation as they are cholesterol-free and can reduce cholesterol levels owing to their dietary fiber and phytosterols. Additionally, cashews are a good source of minerals and proteins. This, in turn, is contributing to the increasing demand for cashew nuts.
The market is segmented based on form and distribution channel. Based on form, the market is classified into raw and roasted. Roasted cashew nuts have been witnessing an increasing demand owing to the rising consumption of innovative flavoured nuts with health benefits in the region. Roasted nuts are available with improved taste, crunchiness, texture, flavour, and aroma. However, raw nuts are being significantly preferred in the region as they offer a natural flavour. Based on the distribution channel, the market is classified into online and offline.
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Asia-Pacific Cashew Nuts Market Segmentation
By Form
- Raw
- Roasted
By Distribution Channel
- Offline
- Online
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Regional Analysis
- China
- India
- Japan
Rest of Asia-Pacific
Company Profiles
- Haldiram Foods International Pvt. Ltd.
- Overview
- Product Portfolio
- Recent Activities
- Lian Hwa Foods Corp.
- Mae-Ruay Snack Food Factory Co., Ltd.
- Nilon’s Enterprises Pvt. Ltd.
- Olam International
- PepsiCo, Inc.
- Rajguru Foods (Delight Nuts)
- The Kraft Heinz Co.
- Three Squirrels
- Yummy Snack Foods Pty Ltd.
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