Organic
cashew nuts are the nuts which are rich in protein, dietary fiber,
and antioxidants and heart-healthy monounsaturated fat and moderate
amounts of polyunsaturated fats, these essential fatty acids increase
good HDL (high-density lipoprotein) cholesterol and lower harmful LDL
(low-density lipoprotein) cholesterol in the blood. Organic cashew
nuts contain less fat than regular (non-organic) cashew nuts. Organic
cashew nuts are rich in various essential minerals like calcium,
copper, iron, magnesium, potassium, zinc and phosphorus. Organic
cashew nuts are also rich in vitamins such as vitamin B1, vitamin B2,
vitamin B3, vitamin B6, vitamin C, vitamin E and vitamin K.
Raw
organic cashew nuts are an excellent source of oleic acid, which is
healthy fat found in olive oil, intake of oleic acid supports heart
health. It helps in preventing the risk for chronic conditions such
as diabetes, heart disease and cancer. The numerous health attributes
of organic cashew nuts have been leading factors responsible for
their growing popularity and increased consumption for organic
cashew nuts market globally.
Organic
Cashew Nuts: Market Segmentation
Organic
Cashew Nuts market can be segmented by usage, form, distribution
channel and by regions. Based on usage, organic cashew nuts are
segmented into confectionaries, dairy products, bakery products,
snacks & bars, desserts, cereals, and beverages.
By
forms, organic cashew nuts are segmented into whole, powder, paste,
roasted and splits.
Based
upon distribution channel, organic cashew nuts market is segmented
into supermarkets/hypermarkets, convenience stores, specialist
stores, and retailers. Expansion of retail chain format on a global
level has contributed significantly to the growth of
supermarket/hypermarket over the forecast period.
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Organic
Cashew Nuts Market: Regional Outlook
By
geographic market segment, it is segmented into seven different
regions: North America, Latin America, and Eastern Europe, Western
Europe, and Asia-Pacific region, Japan and the Middle East and
Africa. In regional segments, Asia-Pacific region is anticipated to
witness high growth in the organic cashew nuts market owing to
increasing disposable income in the region and the rising health
consciousness. Viet Nam is the global leader followed by Nigeria,
India, CĂ´ted, Ivoire. The consumers are shifting their preference
towards organic cashew nuts as it consists of various nutritional
values.
Organic
Cashew Nuts Market Trends and Market Drivers:
Organic
cashew nuts are anticipated to witness continuous growth over the
forecast period. The growth of organic cashew nuts market is driven
by rising demand for convenient foods, and ready-to-eat snacks have
fueled the market globally. Availability of various flavors including
smoky, salted, butter, pepper has driven the sales of organic cashew
nuts. Consumers are increasingly embracing the vegan lifestyle and
opting for healthy substitutes for dairy, meat and another
conventional source of protein. Vegan perceives vegan diet which is
healthier than a meat-based one. Consumers are replacing traditional
sources of protein like plant-based alternatives, red meat, they are
shifting towards the consumption of protein-rich nuts, which has
emerged as a feasible option.
Other
factors attributable to the high growth includes a rise in per-capita
health expenditure, increasing number of working women, growth in
middle-class population and rapid urbanization. The presence of
various natural ingredients in organic cashew nuts with growing
awareness regarding health benefits contributed significantly to its
volume growth over the forecast period.
Organic
Cashew Nuts Market Key Players:
Some
of the key players in the Organic Cashew Nuts market include Ajanta
Industries, Achal Cashew nuts, Agrocel Industries, ALIEN GREEN, BATA
FOOD, Cascade Agroindustrial S.A., CBL Natural Foods (PVT) LTD.,
DIVINE FOODS, Delphi Organic, Aryan International, Tierra Farm and
others. Organic Cashew Nuts market is investing in R&D activities
to boost the functional profile of Organic Cashew Nuts. Companies are
also focusing on building an efficient supply chain to ensure wide
availability of Organic Cashew Nuts in the market.
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