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Australia Cashew Market Size, Share, Analysis, Growth: By Form: Roasted, Paste, Splits, Whole, Powder; By Application: Cereals, Desserts, Bakery Products, Confectionaries, Cosmetic Products, Dairy Products, Beverages, Snacks and Bars, Others; By Distribution Channel; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Australia Cashew Market Outlook
The Australia cashew market size is projected to grow at a CAGR of 3.7% between 2024 and 2032.
Key Takeaways
- Australian imports various forms of cashews, including whole cashews, roasted cashews, and cashew butter.
- Notable players in the market are Scalzo Trading Co Pty Ltd, Charlesworth Nuts Pty Ltd, Patons Macadamia Plantations Pty Ltd, and Royal Nuts Company.
- Cashews are rich in nutrients and healthy fats, making them a popular choice among consumers.
The Australia cashew market growth is being fuelled by various factors such as increasing health consciousness among consumers, rising disposable incomes, demand for plant-based protein sources, culinary applications in the food industry, and the expanding retail sector. Consumers' awareness of the health benefits of cashews and their versatility in culinary applications are driving the demand for cashew products.
Additionally, economic growth and higher purchasing power enable consumers to include cashews in their regular diets, while the retail sector's growth makes cashew products more accessible. These factors collectively contribute to the growth and expansion of the cashew market in Australia.
Manufacturers in the market are innovating with flavoured cashews, organic variants, and value-added products to meet changing consumer preferences and expand their market share. These offerings, such as honey-roasted or spicy flavours and value-added products like cashew butters and cashew-infused chocolates, cater to diverse tastes and health-conscious consumers. By embracing these trends, manufacturers can enhance product variety, attract a wider consumer base, and drive Australia cashew market development.
Cashews are integrated across various applications within the Australian market landscape. In cereals, cashews are used to add flavour, texture, and nutritional value, enhancing the appeal of breakfast cereals and muesli products. In desserts like cakes, cookies, ice creams, and pastries, cashews provide a rich nutty flavour and crunchy texture that elevate the taste profile. Cashews are popular ingredients in confectioneries like chocolates, fudges, and pralines due to their creamy texture and mild sweetness.
Cashews also find applications in cosmetic products for their skin-nourishing properties, contributing to formulations like creams and oils. Cashews are used in dairy alternatives like cashew milk or cheese due to their creamy consistency and mild flavour profile. Cashews are utilised in beverages like plant-based milk alternatives or smoothies for their nutritional content and creamy texture. Cashews are a common ingredient in energy bars, snack mixes, trail mixes, and granola bars due to their nutritional benefits and satisfying crunch.
Market Segmentation
Australia Cashew Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Form
- Roasted
- Paste
- Splits
- Whole
- Powder
Market Breakup by Application
- Cereals
- Desserts
- Bakery Products
- Confectionaries
- Cosmetic Products
- Dairy Products
- Beverages
- Snacks and Bars
- Others
Market Breakup by Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Channels
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Western Australia
- Australian Capital Territory
- Others
Competitive Landscape
Key players are expanding their market presence and product portfolios to capitalise on the growing demand for cashews.
- Scalzo Trading Co Pty Ltd.
- Charlesworth Nuts Pty Ltd.
- Patons Macadamia Plantations Pty Ltd.
- Royal Nut Company
- Valency International Pte Ltd.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Application |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Australia Cashew Market Overview
8.1 Key Industry Highlights
8.2 Australia Cashew Historical Market (2018-2023)
8.3 Australia Cashew Market Forecast (2024-2032)
9 Australia Cashew Market by Form
9.1 Roasted
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Paste
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Splits
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Whole
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Powder
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
10 Australia Cashew Market by Application
10.1 Cereals
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Desserts
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Bakery Products
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Confectionaries
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Cosmetic Products
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Dairy Products
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Beverages
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.8 Snacks and Bars
10.8.1 Historical Trend (2018-2023)
10.8.2 Forecast Trend (2024-2032)
10.9 Others
11 Australia Cashew Market by Distribution Channel
11.1 Supermarkets/Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Online Channels
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Australia Cashew Market by Region
12.1 New South Wales
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Victoria
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Queensland
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Australian Capital Territory
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Western Australia
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Scalzo Trading Co Pty Ltd.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Charlesworth Nuts Pty Ltd.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Patons Macadamia Plantations Pty Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Royal Nut Company
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Valency International Pte Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Australia Cashew Market: Key Industry Highlights, 2018 and 2032
2. Australia Cashew Historical Market: Breakup by Form (USD Billion), 2018-2023
3. Australia Cashew Market Forecast: Breakup by Form (USD Billion), 2024-2032
4. Australia Cashew Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Australia Cashew Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Australia Cashew Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Australia Cashew Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Australia Cashew Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Australia Cashew Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. Australia Cashew Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 3.7% between 2024 and 2032.
The market is being driven due to diverse applications of cashews, expansion of e-commerce channels, and rising preference for healthy snacking.
Key trends aiding the market expansion include the growing demand for plant-based nutrition and alternative protein sources, surge in production and import of cashews, and use of cashews in non-traditional applications, such as cosmetics.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on application, the market segmentations include cereals, desserts, bakery products, confectionaries, cosmetic products, dairy products, beverages, and snacks and bars, among others.
Roasted, paste, splits, whole, and powder are considered in the report.
Key players in the market are Scalzo Trading Co Pty Ltd, Charlesworth Nuts Pty Ltd, Patons Macadamia Plantations Pty Ltd, Royal Nut Company, and Valency International Pte Ltd, among others.
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