The global cashew nuts market is seeing robust growth, estimating a rise from $8.52 billion in 2024 to $9.05 billion in 2025, driven by increasing demand for healthy snacks and plant-based diets. 🌱
However, the industry is facing supply challenges, particularly in key producing regions like India and West Africa, where low yields and trade disruptions are affecting availability. This has led to price fluctuations. some cashew grades are seeing prices rise as global demand remains strong. 📈
Despite these hurdles, the market is poised for long-term growth, with forecasts suggesting it could reach $11.36 billion by 2029. As consumers continue to seek healthier alternatives, cashews remain a popular choice for both snacking and culinary uses.