Global Cashew Nut Processing Equipment Market
Machinery

What’s Driving Growth in the Cashew Nut Processing Equipment Market? Insights into Key Trends and Opportunities

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How has the cashew nut processing equipment market grown over the years?

The market size for cashew nut processing equipment has seen substantial growth recently. The value of the market is predicted to rise from $5.78 billion in 2024 to around $6.24 billion by 2025, with a Compound Annual Growth Rate (CAGR) of 8.0%. Factors that have contributed to this growth during the previous period include an increase in cashew nut consumption, establishment of quality and safety standards, internationalization of commerce, burgeoning consumer consciousness, and integration of the supply chain.

What Is the forecasted market size and growth rate for the cashew nut processing equipment market?

In the forthcoming years, the cashew nut processing equipment market is projected to witness substantial growth, reaching a market size of $8.72 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 8.7%. This projected growth during the forecast period can be attributed to factors such as increasing demand in emerging markets, the rise of automation and Industry 4.0, sustainability efforts, enhanced customization and flexibility, along with an surge in e-commerce. Significant trends to watch for in this forecast period include advancements in technology, integration of automation and technology, energy-efficient procedures, adherence to hygienic processing norms, and customization opportunities for small and medium businesses (SMEs).

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What are the major factors driving growth in the cashew nut processing equipment market?

The surge in the vegan lifestyle’s popularity is set to drive the demand for cashew nut processing machinery in the future. Veganism, an eating habit and lifestyle that avoid all products derived from animals, including dairy and potential animal-derived products, has highlighted the importance of equipment that processes cashew nuts. This equipment helps remove the thin skin layer enclosing the cashew kernel, a key ingredient in a plethora of food items. As reported by Food Manufacture, a UK-based digital publisher focused on food and beverage processing, a recent study disclosed a 1.1 million increase in the number of vegans between 2023 and 2024. A study by Finder also underlines this trend in the UK, where the vegan population has hit 2.5 million in the last year, comprising 4.7% of the adult populace. Consequently, veganism’s rising popularity is a key driver of the cashew nut equipment market’s expansion. Likewise, the soaring demand for nutritious and wholesome food products is expected to stimulate the growth of the cashew nut processing equipment market. These food items, which are rich in essential nutrients, promote general health, and assist the body in maintaining optimal operations, often include processed cashew nuts, formed into shapes that appeal to healthy eaters using specific equipment. The International Probiotics Association, a United States-operated non-profit organization working in the field of probiotics, stated in May 2022 that worldwide probiotic consumption boosted from $448 billion in 2019 to $476 billion in 2021. Therefore, the increasing demand for nutritious and wholesome food items is driving the cashew nut processing equipment market’s growth.

What key areas define the segmentation of the global cashew nut processing equipment Market?

The cashew nut processing equipment market covered in this report is segmented –

1) By Type: Roasting Equipment, Peeling Equipment, Drying Equipment, Shelling Equipment, Sorting And Grading Equipment, Other Types

2) By Operation: Automatic, Semi-Automatic

3) By End-Use: Cashew Nut Processing Plants, Commercial Kitchens

Subsegments:

1) By Roasting Equipment: Batch Roasters, Continuous Roasters

2) By Peeling Equipment: Manual Peeling Machines, Automatic Peeling Machines

3) By Drying Equipment: Hot Air Dryers, Solar Dryers

4) By Shelling Equipment: Manual Shelling Machines, Automatic Shelling Machines

5) By Sorting And Grading Equipment: Vibratory Sorters, Optical Sorters

6) By Other Types: Packaging Equipment, Conveyors And Feeders

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What are the top market players propelling the growth of the cashew nut processing equipment industry?

Major companies operating in the cashew nut processing equipment market report are Tomra Systems ASA, Rotex Manufacturers & Engineers Pvt. Ltd., A/S Cimbria, GELGOOG Machinery Inc., Ss Engineering Works Limited, Abhay Engineering Private Limited, APS Industries Limited, Italiya International Food Machinery, Jem Equipment Corp., Krishna Industries Private Limited, Oltremare S.R.L., Oscar Cashew Tech Private Limited, Rami International Limited, Sree Rama Technology Industries (P) Ltd., AC Horn Manufacturing Company, Chirag Gopalbhai Chhatrala, CNSL Privet Limited, Divyesh Vyas & Co., Gayathri Industrial Products Limited Liability Partnership, GI Technology Private Limited, Locus Exim Private Limited, Mastana Jogi International Private Limited, MK Tech Engineering Pte. Ltd., Muskan Equipments Co., Parivartan Kaju House, Thai Cashew International Co. Ltd.

What are the key trends shaping the future of the cashew nut processing equipment market?

Companies that are significant players in the cashew nut processing equipment market are concentrating on the creation of innovative cashew processing facilities, like automatic cashew processing plants, to carve out a competitive advantage. An automatic cashew processing plant employs machinery to lessen the necessity for human intervention in the processing of raw cashew nuts into consumable cashew kernels. For example, WKL Company, a Dutch firm primarily working in the cashew and macadamia processing sector, in partnership with Abhay Engineers, a cashew processing machine manufacturer from India, marked a remarkable achievement in April 2022. They successfully concluded the construction of an automated cashew processing facility in Kenya. The plant features automated equipment that simplifies multiple aspects of cashew processing, including shelling, peeling, and grading. This mechanization greatly reduces the need for manual labour and heightens overall productivity.

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What regions are dominating the cashew nut processing equipment market growth?

Asia-Pacific was the largest region in the cashew nut processing equipment market in 2024. The regions covered in the cashew nut processing equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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