The Latin America, Middle East and Africa Cashew Nut Kernel Market would witness market growth of 7.3% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Cashew Nut Kernel Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $182.2 million by 2031. The Argentina market is registering a CAGR of 7.9% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 6.2% during (2024 - 2031).
Cashew apple, the fleshy fruit attached to the cashew nut, is gaining commercial value in the food and beverage industry, particularly in juices, alcoholic beverages, and fermented products. Rich in vitamin C, antioxidants, and dietary fiber, it is now processed into fresh and packaged juices sold in India, Brazil, and Mozambique by companies like Olam and Agrinut. The juice blends well with pineapple, mango, and passion fruit, increasing its appeal in tropical juice sectors.
Additionally, In the alcoholic beverage sector, the cashew apple is used to make wine and spirits, such as "Cajuína" in Brazil, "Cashew Feni" in Goa, India, and "Suma" in Guinea-Bissau. The fruit’s natural sugars and fermentation properties make it an excellent raw material for producing fruit-based alcoholic drinks, attracting interest from small-scale distillers and commercial breweries.
Raw nut exports have long dominated Tanzania’s cashew industry, but recent government interventions aim to boost local processing and empower smallholder farmers. The Tanzania Agricultural Development Bank (TADB) has launched specialized loan schemes for cashew farmers, allowing them to invest in modern processing units rather than selling raw nuts at lower prices. Additionally, the Cashew Board of Tanzania (CBT) has been working to establish farmer cooperatives, giving growers greater control over pricing and supply chain negotiations. With these efforts, Tanzania gradually shifts from a bulk exporter to a high-value cashew processor, ensuring higher earnings for local producers.
Free Valuable Insights: The Worldwide Cashew Nut Kernel Market is Projected to reach USD 8.42 Billion by 2031, at a CAGR of 5.0%
Based on Type, the market is segmented into Conventional, and Organic. Based on Product, the market is segmented into White Wholes, Scorched Wholes, Dessert Wholes, White Pieces, and Other Product. Based on Distribution, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Grocery Stores, and Online Retailers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- The Hershey Company
- Kellogg Company
- PepsiCo, Inc.
- John B. Sanfilippo & Son, Inc.
- Blue Diamond Growers, Inc.
- Hines Nut Company
- Germack Roasting Company, LLC
- Hampton Farms
- Diamond Cashew Products Pvt. Ltd.
- Kingfoods
LAMEA Cashew Nut Kernel Market Report Segmentation
By Type
By Product
- White Wholes
- Scorched Wholes
- Dessert Wholes
- White Pieces
- Other Product
By Distribution
- Supermarkets & Hypermarkets
- Convenience Stores
- Grocery Stores
- Online Retailers
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Cashew Nut Kernel Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Cashew Nut Kernel Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Cashew Nut Kernel Market by Type, 2020 - 2023, USD Million
TABLE 4 LAMEA Cashew Nut Kernel Market by Type, 2024 - 2031, USD Million
TABLE 5 LAMEA Conventional Market by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Conventional Market by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Organic Market by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Organic Market by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Cashew Nut Kernel Market by Product, 2020 - 2023, USD Million
TABLE 10 LAMEA Cashew Nut Kernel Market by Product, 2024 - 2031, USD Million
TABLE 11 LAMEA White Wholes Market by Country, 2020 - 2023, USD Million
TABLE 12 LAMEA White Wholes Market by Country, 2024 - 2031, USD Million
TABLE 13 LAMEA Scorched Wholes Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Scorched Wholes Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Dessert Wholes Market by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Dessert Wholes Market by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA White Pieces Market by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA White Pieces Market by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Other Product Market by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Other Product Market by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Cashew Nut Kernel Market by Distribution, 2020 - 2023, USD Million
TABLE 22 LAMEA Cashew Nut Kernel Market by Distribution, 2024 - 2031, USD Million
TABLE 23 LAMEA Supermarkets & Hypermarkets Market by Country, 2020 - 2023, USD Million
TABLE 24 LAMEA Supermarkets & Hypermarkets Market by Country, 2024 - 2031, USD Million
TABLE 25 LAMEA Convenience Stores Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Convenience Stores Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Grocery Stores Market by Country, 2020 - 2023, USD Million
TABLE 28 LAMEA Grocery Stores Market by Country, 2024 - 2031, USD Million
TABLE 29 LAMEA Online Retailers Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Online Retailers Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Cashew Nut Kernel Market by Country, 2020 - 2023, USD Million
TABLE 32 LAMEA Cashew Nut Kernel Market by Country, 2024 - 2031, USD Million
TABLE 33 Brazil Cashew Nut Kernel Market, 2020 - 2023, USD Million
TABLE 34 Brazil Cashew Nut Kernel Market, 2024 - 2031, USD Million
TABLE 35 Brazil Cashew Nut Kernel Market by Type, 2020 - 2023, USD Million
TABLE 36 Brazil Cashew Nut Kernel Market by Type, 2024 - 2031, USD Million
TABLE 37 Brazil Cashew Nut Kernel Market by Product, 2020 - 2023, USD Million
TABLE 38 Brazil Cashew Nut Kernel Market by Product, 2024 - 2031, USD Million
TABLE 39 Brazil Cashew Nut Kernel Market by Distribution, 2020 - 2023, USD Million
TABLE 40 Brazil Cashew Nut Kernel Market by Distribution, 2024 - 2031, USD Million
TABLE 41 Argentina Cashew Nut Kernel Market, 2020 - 2023, USD Million
TABLE 42 Argentina Cashew Nut Kernel Market, 2024 - 2031, USD Million
TABLE 43 Argentina Cashew Nut Kernel Market by Type, 2020 - 2023, USD Million
TABLE 44 Argentina Cashew Nut Kernel Market by Type, 2024 - 2031, USD Million
TABLE 45 Argentina Cashew Nut Kernel Market by Product, 2020 - 2023, USD Million
TABLE 46 Argentina Cashew Nut Kernel Market by Product, 2024 - 2031, USD Million
TABLE 47 Argentina Cashew Nut Kernel Market by Distribution, 2020 - 2023, USD Million
TABLE 48 Argentina Cashew Nut Kernel Market by Distribution, 2024 - 2031, USD Million
TABLE 49 UAE Cashew Nut Kernel Market, 2020 - 2023, USD Million
TABLE 50 UAE Cashew Nut Kernel Market, 2024 - 2031, USD Million
TABLE 51 UAE Cashew Nut Kernel Market by Type, 2020 - 2023, USD Million
TABLE 52 UAE Cashew Nut Kernel Market by Type, 2024 - 2031, USD Million
TABLE 53 UAE Cashew Nut Kernel Market by Product, 2020 - 2023, USD Million
TABLE 54 UAE Cashew Nut Kernel Market by Product, 2024 - 2031, USD Million
TABLE 55 UAE Cashew Nut Kernel Market by Distribution, 2020 - 2023, USD Million
TABLE 56 UAE Cashew Nut Kernel Market by Distribution, 2024 - 2031, USD Million
TABLE 57 Saudi Arabia Cashew Nut Kernel Market, 2020 - 2023, USD Million
TABLE 58 Saudi Arabia Cashew Nut Kernel Market, 2024 - 2031, USD Million
TABLE 59 Saudi Arabia Cashew Nut Kernel Market by Type, 2020 - 2023, USD Million
TABLE 60 Saudi Arabia Cashew Nut Kernel Market by Type, 2024 - 2031, USD Million
TABLE 61 Saudi Arabia Cashew Nut Kernel Market by Product, 2020 - 2023, USD Million
TABLE 62 Saudi Arabia Cashew Nut Kernel Market by Product, 2024 - 2031, USD Million
TABLE 63 Saudi Arabia Cashew Nut Kernel Market by Distribution, 2020 - 2023, USD Million
TABLE 64 Saudi Arabia Cashew Nut Kernel Market by Distribution, 2024 - 2031, USD Million
TABLE 65 South Africa Cashew Nut Kernel Market, 2020 - 2023, USD Million
TABLE 66 South Africa Cashew Nut Kernel Market, 2024 - 2031, USD Million
TABLE 67 South Africa Cashew Nut Kernel Market by Type, 2020 - 2023, USD Million
TABLE 68 South Africa Cashew Nut Kernel Market by Type, 2024 - 2031, USD Million
TABLE 69 South Africa Cashew Nut Kernel Market by Product, 2020 - 2023, USD Million
TABLE 70 South Africa Cashew Nut Kernel Market by Product, 2024 - 2031, USD Million
TABLE 71 South Africa Cashew Nut Kernel Market by Distribution, 2020 - 2023, USD Million
TABLE 72 South Africa Cashew Nut Kernel Market by Distribution, 2024 - 2031, USD Million
TABLE 73 Nigeria Cashew Nut Kernel Market, 2020 - 2023, USD Million
TABLE 74 Nigeria Cashew Nut Kernel Market, 2024 - 2031, USD Million
TABLE 75 Nigeria Cashew Nut Kernel Market by Type, 2020 - 2023, USD Million
TABLE 76 Nigeria Cashew Nut Kernel Market by Type, 2024 - 2031, USD Million
TABLE 77 Nigeria Cashew Nut Kernel Market by Product, 2020 - 2023, USD Million
TABLE 78 Nigeria Cashew Nut Kernel Market by Product, 2024 - 2031, USD Million
TABLE 79 Nigeria Cashew Nut Kernel Market by Distribution, 2020 - 2023, USD Million
TABLE 80 Nigeria Cashew Nut Kernel Market by Distribution, 2024 - 2031, USD Million
TABLE 81 Rest of LAMEA Cashew Nut Kernel Market, 2020 - 2023, USD Million
TABLE 82 Rest of LAMEA Cashew Nut Kernel Market, 2024 - 2031, USD Million
TABLE 83 Rest of LAMEA Cashew Nut Kernel Market by Type, 2020 - 2023, USD Million
TABLE 84 Rest of LAMEA Cashew Nut Kernel Market by Type, 2024 - 2031, USD Million
TABLE 85 Rest of LAMEA Cashew Nut Kernel Market by Product, 2020 - 2023, USD Million
TABLE 86 Rest of LAMEA Cashew Nut Kernel Market by Product, 2024 - 2031, USD Million
TABLE 87 Rest of LAMEA Cashew Nut Kernel Market by Distribution, 2020 - 2023, USD Million
TABLE 88 Rest of LAMEA Cashew Nut Kernel Market by Distribution, 2024 - 2031, USD Million
TABLE 89 Key Information –The Hershey Company
TABLE 90 Key information – Kellogg Company
TABLE 91 Key Information – PepsiCo, Inc.
TABLE 92 Key Information – John B. Sanfilippo & Son, Inc.
TABLE 93 Key Information – Blue Diamond Growers, Inc.
TABLE 94 Key Information – Hines Nut Company
TABLE 95 Key Information – Germack Roasting Company, LLC
TABLE 96 Key Information – Hampton Farms
TABLE 97 Key Information – Diamond Cashew Products Pvt. Ltd.
TABLE 98 Key Information – Kingfoods
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Cashew Nut Kernel Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Cashew Nut Kernel Market
FIG 4 Porter’s Five Forces Analysis – Cashew Nut Kernel Market
FIG 5 LAMEA Cashew Nut Kernel Market share by Type, 2023
FIG 6 LAMEA Cashew Nut Kernel Market share by Type, 2031
FIG 7 LAMEA Cashew Nut Kernel Market by Type, 2020 - 2031, USD Million
FIG 8 LAMEA Cashew Nut Kernel Market share by Product, 2023
FIG 9 LAMEA Cashew Nut Kernel Market share by Product, 2031
FIG 10 LAMEA Cashew Nut Kernel Market by Product, 2020 - 2031, USD Million
FIG 11 LAMEA Cashew Nut Kernel Market share by Distribution, 2023
FIG 12 LAMEA Cashew Nut Kernel Market share by Distribution, 2031
FIG 13 LAMEA Cashew Nut Kernel Market by Distribution, 2020 - 2031, USD Million
FIG 14 LAMEA Cashew Nut Kernel Market share by Country, 2023
FIG 15 LAMEA Cashew Nut Kernel Market share by Country, 2031
FIG 16 LAMEA Cashew Nut Kernel Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: The Hershey Company
FIG 18 Swot Analysis: Kellogg Company
FIG 19 Swot Analysis: PepsiCo, Inc.
FIG 20 SWOT Analysis: John B. Sanfilippo & Son, Inc.
FIG 21 SWOT Analysis: Blue Diamond Growers, Inc.
FIG 22 SWOT Analysis: Hines Nut Company
FIG 23 SWOT Analysis: Germack Roasting Company, LLC
FIG 24 SWOT Analysis: Hampton Farms
