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Report Overview

The Africa cashew market size reached approximately USD 857.86 Million in 2025. The market is further projected to grow at a CAGR of 4.20% between 2026 and 2035, reaching a value of USD 1294.47 Million by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

Compound Annual Growth Rate

4.2%

Value in USD Million

2026-2035


*this image is indicative*

Key Trends in the Market

Cashews refer to nuts that are a rich source of minerals and proteins, oil, healthy fats, fibres, antioxidants, zinc, phosphorus, copper, and magnesium. They are commonly used in baked goods, dairy products, and beverages, among others, and can also be consumed as such.

  • The increased consumption of cashews due to increased adoption of plant-based diets is a key trend fuelling the Africa cashew market growth. The changing eating patterns can be attributed to the growing awareness about the various health benefits associated with plant-based products including reduced inflammation, maintenance of healthy weight, and high fibre content, among others.
  • Introduction of various government policies to support the production, processing, and export of cashews is another major factor aiding the market expansion in Africa. Some of the policies also aim to ensure that farmers have access to quality seedings and technologies and infrastructure for cultivating high quality cashews.
  • Increased consumption of cashew butter due to its thick and creamy texture is another major factor aiding the market expansion. Due to its creamy nature, cashew butter is used as a key ingredient in various sauces, soups, and dips and as spreads on crackers or as dressings on salads.

Africa Cashew Market Segmentation

The EMR’s report titled “Africa Cashew Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • White
  • Scorched
  • Dessert

Market Breakup by Form

  • Wholes
  • Pieces

Market Breakup by Region

  • South Africa
  • Egypt
  • Nigeria
  • Tanzania
  • Others

Market Share by Type

White cashews are expected to account for a significant Africa cashew market share over the forecast period. These cashews have a higher nutritional content as opposed to their scorched counterparts and are often snacked upon after they are roasted and salted. These cashews are also used in biscuit and chocolate factories. Increasing demand from countries including China and the United States, among others, due to rising incorporation of cashews in sweet and savoury food products is further aiding the segment growth.

Market Share by Country

Tanzania is anticipated to account for a significant share of the market in the coming years. The diverse agro-climatic conditions of the country are most suitable for cashew cultivation. Due to the social effects and economic benefits offered by cashew cultivation, the activity has become immensely popular in the country. The increased consumption of cashews and cashew-based products due to growing awareness about the high polyphenol and carotenoid content, the antioxidants that aid in fighting oxidative cell damage is boosting the Africa cashew market demand.

Competitive Landscape

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Africa cashew market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

Olam International Limited

Olam International Limited. is a leading agri-business that supplies ingredients, food, and feed to consumers around the globe. The company sources, stores, distributes, and transports coffee, cocoa, and cashews, among others.

ECOM Agroindustrial Corp. Limited

ECOM Agroindustrial Corp. Limited, headquartered in Switzerland, is a processing and commodity trading company that specialises in the production of cocoa, cotton, and coffee, among others. They are also the supplier and supply chain manager of semi-processed and raw agricultural commodities.

Tan Mondial Pte Ltd.

Tan Mondial Pte Ltd., headquartered in Singapore, is a soft agriculture commodity company that is operating across the continents of Asia and Africa and is known for providing cashews, shea nuts, timber, sesame, and coffee, among others.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other market players include ETC Group, Driffield Trading Company Limited, Africa Negoce Industries, Gombella Integrated Services Limited, Still Morris Consults Ltd., Welli Farms Limited, Malvaceae Limited, Vainqueur Agro SARL, and Enkay Indo Nigerian Ind. Ltd, among others.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached a value of approximately USD 857.86 Million in 2025.

The market is projected to grow at a CAGR of 4.20% between 2026 and 2035.

The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 1294.47 Million by 2035.

The major market drivers include increasing government efforts to support cashew production and rising demand from food and beverage sectors.

The key trends fuelling the growth of the market include increased consumption of cashew-based products due to rapid adoption of vegan diets and growing awareness about the high polyphenol and carotenoid content of cashews.

The major countries in the market are South Africa, Egypt, Nigeria, and Tanzania, among others.

The significant types of cashews include white, scorched, and dessert.

The key players in the market are Olam International Limited., ECOM Agroindustrial Corp. Limited, Tan Mondial Pte Ltd., ETC Group, Driffield Trading Company Limited, Africa Negoce Industries, Gombella Integrated Services Limited, Still Morris Consults Ltd., Welli Farms Limited, Malvaceae Limited, Vainqueur Agro SARL, and Enkay Indo Nigerian Ind. Ltd, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2025
Historical Period 2019-2025
Forecast Period 2026-2035
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Form
  • Region
Breakup by Type
  • White
  • Scorched
  • Dessert
Breakup by Form
  • Wholes
  • Pieces
Breakup by Region
  • South Africa
  • Egypt
  • Nigeria
  • Tanzania
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Olam International Limited. 
  • ECOM Agroindustrial Corp. Limited  
  • Tan Mondial Pte Ltd. 
  • ETC Group 
  • Driffield Trading Company Limited 
  • Africa Negoce Industries 
  • Gombella Integrated Services Limited 
  • Still Morris Consults Ltd. 
  • Welli Farms Limited 
  • Malvaceae Limited 
  • Vainqueur Agro SARL 
  • Enkay Indo Nigerian Ind. Ltd
  • Others

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