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Report Overview

The Asia Pacific cashew market reached approximately USD 5.56 Billion in 2025. The market is projected to grow at a CAGR of 4.30% between 2026 and 2035, reaching a value of around USD 8.47 Billion by 2035.

2025

Base Year

2019-2025

Historical Period

2026-2035

Forecast Period

  • The cashew nut production in India increased from 0.70 million tonnes (MT) to 0.77 million tonnes (MT) in 2021-2022.

  • In 2023, the combined output of cashews from Southeast Asian countries reached 1.5 million tons, accounting for a significant 36.6% of the total global production.

  • China, a leading market for nuts in the Asia Pacific region, imported tree nuts such as cashews totalling $3.28 billion in 2022.

Compound Annual Growth Rate

4.3%

Value in USD Billion

2026-2035


*this image is indicative*

Asia Pacific Cashew Market Report Summary Description Value
Base Year USD Billion 2025
Historical Period USD Billion 2019-2025
Forecast Period USD Billion 2026-2035
Market Size 2025 USD Billion 5.56
Market Size 2035 USD Billion 8.47
CAGR 2019-2025 Percentage XX%
CAGR 2026-2035 Percentage 4.30%
CAGR 2026-2035 - Market by Region India 4.9%
CAGR 2026-2035 - Market by Region ASEAN 4.3%
CAGR 2026-2035 - Market by Type White 4.8%
CAGR 2026-2035 - Market by Form Whole 4.7%
Market Share by Region India 48.8%

Asia Pacific Cashew Market Growth

India is recognised as a prominent global player in cashew production, with the cashew significantly contributing to the economy through the creation of job opportunities for more than a million individuals residing in rural regions. India's cashew exports reached USD 134.38 million between April and August 2022. The cultivation of cashews in India covers an extensive area of 0.7 million hectares, resulting in an annual output surpassing 0.8 million tonnes (MT). As of the 2021-22 period, India's cashew nut production escalated to 0.77 million tonnes (MT).

Cashews are one of the healthy snacks that are in high demand due to consumers' growing awareness of nutrition and health issues. Due to their high nutritional content, cashews are a popular option for health-conscious consumers. Cashews are a staple ingredient in many food products, including dairy, baked goods, and confections, and the food processing sector.

The rising demand for cashews is being fuelled by the growing popularity of cashew-based products like cashew butter, cashew milk, and cashew cheese. These items are meeting the needs of the expanding vegan and lactose-intolerant consumer groups. The increasing preference for plant-based diets is also driving the demand for nuts, including cashews, as a source of plant-based protein and healthy fats. Cashews are increasingly becoming a dietary staple for vegans and vegetarians.

Asia Pacific Cashew Industry Segmentation

“Asia Pacific 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

  • Whole
  • Pieces

Market Breakup by Region

  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • Others
CAGR 2026-2035 - Market by Type
White 4.8%
Scorched XX%
Dessert XX%
CAGR 2026-2035 - Market by Form
Whole 4.7%
Pieces XX%
CAGR 2026-2035 - Market by Region
India 4.9%
ASEAN 4.4%
Australia 4.1%
China XX%
Japan XX%
Others XX%

Asia Pacific Cashew Market Share

Based on type, the market is segmented into white, scorched, and dessert. White cashew is projected to grow at a CAGR of 4.8% during the forecast period of 2026-2035.  White cashews, a popular type of cashew nuts, are not only good in taste but also filled with a multitude of health advantages. They serve as a superb supply of vital vitamins and minerals, such as vitamins E, K, and B6, along with minerals such as magnesium, phosphorus, zinc, copper, and iron. These essential nutrients are vital in upholding general health and wellness.

Market Share by Region
India 48.8%
China XX%
ASEAN XX%
Australia XX%
Japan XX%

Leading Companies in the Asia Pacific Cashew Market

Major players are focusing on the adoption of sustainable and organic farming practices to gain a competitive edge in the market.

  • Kalbavi Consumer Foods Private Limited.
  • Achal Group
  • Bismi cashew company
  • MANGALORE CASHEW INDUSTRIES
  • SKP Cashews Pvt. Ltd.
  • PAN Group
  • Donafoods (Dong Nai Agricultural Products Import-Export Processing Joint Stock Company)
  • Vietnam Cashew Processing Co.
  • CPT CORP
  • MYANCO.,Ltd.
  • 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

In 2025, the market reached an approximate value of USD 5.56 Billion.

The market is estimated to grow at a CAGR of 4.30% between 2026 and 2035.

The market is estimated to witness a healthy growth during 2026-2035 to reach around USD 8.47 Billion by 2035.

The market is being driven by increasing demand for healthy snacks and the growth of the food processing sector.

The key trends aiding the market expansion include the popularity of plant-based diets and cashews’ application in the culinary sector.

The major countries considered in the market are China, Japan, India, ASEAN, and Australia, among others.

The different forms of cashew include whole and pieces.

The major players in the market are Kalbavi Consumer Foods Private Limited., Achal Group, Bismi cashew company, MANGALORE CASHEW INDUSTRIES, SKP Cashews Pvt. Ltd., PAN Group, Donafoods (Dong Nai Agricultural Products Import-Export Processing Joint Stock Company), Vietnam Cashew Processing Co., CPT CORP, and MYANCO.,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
  • Whole
  • Pieces
Breakup by Region
  • China
  • Japan
  • India
  • ASEAN
  • Australia
  • 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
  • Kalbavi Consumer Foods Private Limited.
  • Achal Group
  • Bismi cashew company
  • MANGALORE CASHEW INDUSTRIES
  • SKP Cashews Pvt. Ltd.
  • PAN Group
  • Donafoods (Dong Nai Agricultural Products Import-Export Processing Joint Stock Company)
  • Vietnam Cashew Processing Co.
  • CPT CORP
  • MYANCO.,Ltd.
  • Others

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