About Flavored Cashew Nuts
Cashews are mostly consumed as snacks raw. However, roasted, salted or flavored cashew nuts also popular among the consumers. Increased health consciousness among the people and rapid shift in the consumption pattern across the globe are the key drivers fuelling the growth of the market. Based on the type, the market has been classified into fried, salted, and sugar candied.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.4% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies.The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Flavored Cashew Nuts market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Emerald Nuts (United States), Planters (United States), Sol simple (United States), Sunco Cashew Company (India), Sunshine Nut Company (United States), Fredlyn Nut Company (United States), KraftFoods (United States), Bhavin Enterprise (India), Yilin Vietnam Co. (Vietnam), Subraya Kamath (India), DEEP NUTS N FLAVORS LLP (India) and SUN CASHEW INDUSTRIES (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Flavored Cashew Nuts market by Type (Fried, Salted and Sugar Candied), Application (Directly Eating and Cooking Eating) and Region.
On the basis of geography, the market of Flavored Cashew Nuts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Flavored Cashew Nuts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Flavored Cashew Nuts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Consumer Shift towards Online Purchase
Market Growth Drivers:
Increased Health Consciousness among the People and Rapid Shift in the Consumption Pattern across the Globe
Restraints:
An Availability of Alternative Cheap Options such as Flavored Peanuts
Opportunities:
Growing Demand from Emerging Economies such as China, India, and Brazil
Market Leaders and their expansionary development strategies
In November2023, Bare Snacks expanded their "Plant-Based Cashew Clusters" line: Offering unique flavors like Matcha Ginger and Spicy Thai Curry, catering to vegan and health-conscious consumers.
In July 2023, Planters launched a trio of new flavors: Rosemary and sea salt, dill pickle, and cinnamon and brown sugar, tapping into the growing demand for savory and sweet options.
Key Target Audience
Flavored Cashew Nuts Manufacturers, Cashew Nuts Producers, Flavored Cashew Nuts Traders/Distributors, Flavored Cashew Nuts Importer/Exporter, Regulatory & Government Bodies, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.