Cashew Nut Snacks Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Product (Roasted Cashew Nut Snacks, Salted Cashew Nut Snacks, Unsalted Cashew Nuts, Others), By Application (Household, Food Service, Others), By Distribution Channel (Online, Offline), By Region & Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 3.29 Billion
CAGR (2026-2031)	4.41%
Fastest Growing Segment	Online
Largest Market	Asia Pacific
Market Size (2031)	USD 4.26 Billion

Market Overview

The Global Cashew Nut Snacks Market will grow from USD 3.29 Billion in 2025 to USD 4.26 Billion by 2031 at a 4.41% CAGR. Cashew nut snacks are value-added food products derived from processed cashew kernels that are roasted, fried, or seasoned for immediate consumption. The primary drivers fueling market growth include the increasing global inclination toward healthy plant-based protein sources and rising disposable incomes that allow consumers to opt for premium convenience foods. These foundational factors sustain demand independently of transient flavor trends or packaging innovations.

However, the sector encounters a substantial challenge in the form of raw material price volatility and supply chain instability. Fluctuating costs of raw cashew nuts, often driven by climatic variations in harvesting regions, create uncertainty for manufacturers regarding production planning and final pricing. According to the Vietnam Cashew Association, in 2024, the export volume of processed cashew nuts reached a record 730,000 tons. This figure highlights the heavy reliance of the global snack market on consistent processing outputs from key export hubs to maintain market expansion.

Key Market Drivers

Rising Consumer Awareness of Health and Nutritional Benefits serves as a primary catalyst for the industry, as consumers increasingly prioritize functional snacks rich in plant-based protein, healthy monounsaturated fats, and essential minerals like magnesium. This trend is inextricably linked to the global shift toward wellness-oriented lifestyles, where cashews are no longer viewed merely as confectionery ingredients but as essential components of a balanced diet. To meet this escalating demand for nutrient-dense foods, production capabilities in major origin countries are expanding rapidly. According to the Cashew Nut Association of Cambodia, August 2024, in the 'Cashew Production Update', the nation produced 830,000 tons of raw cashew nuts in the first seven months of the year, reflecting a robust supply response to the growing global appetite for healthy snacking alternatives.

Strategic Marketing and Premium Positioning by Key Manufacturers further drive market value by transforming standard kernels into high-margin, aspirational products through sophisticated seasoning and sustainable packaging. Companies are increasingly differentiating their portfolios by emphasizing clean-label certifications and gourmet flavor profiles, allowing them to command higher price points despite fluctuations in raw material costs. This pivot toward value-added exports is generating significant revenue growth for processing hubs. According to the Ministry of Agriculture and Rural Development of Vietnam, November 2024, in the 'Agro-Forestry Trade Report', the export turnover of cashew products exceeded 4 billion USD for the year to date. To support this premium tier with consistent quality, foundational supply chains are also being reinforced. According to the Cotton and Cashew Council of Cote d'Ivoire, in 2024, the country targeted a national production volume of 1.25 million tons to ensure stability for global processors.

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Key Market Challenges

Raw material price volatility and supply chain instability act as significant barriers to the sustainable expansion of the global cashew nut snacks market. The industry’s heavy reliance on concentrated harvesting regions means that climatic disruptions frequently result in immediate supply shortages, making production planning highly unpredictable for snack manufacturers. This uncertainty forces processors to operate cautiously, often limiting their ability to commit to long-term supply agreements with major retailers. Consequently, the inability to guarantee shelf availability and stable price points discourages mass-market retailers from dedicating expanded shelf space to premium cashew products, thereby stifling overall category growth.

This financial unpredictability is underscored by recent industrial data. According to the African Cashew Alliance, in 2024, the market faced extreme instability as raw cashew nut prices fluctuated widely, rising from lows of US$ 950 per tonne to highs of US$ 1,850 per tonne within the same season. Such extreme price variance erodes manufacturer margins and necessitates sudden retail price hikes that can dampen consumer demand. This volatility directly impedes the market's ability to capitalize on rising health trends, as the supply chain struggles to deliver a consistent, affordably priced product to meet growing global consumption.

Key Market Trends

The Proliferation of Exotic and Region-Specific Flavor Infusions is reshaping the global cashew market as manufacturers move beyond standard salted varieties to cater to localized palate preferences. This trend is particularly evident in emerging markets where consumers are demanding processed nuts integrated with traditional spices and savory profiles, effectively decoupling snack consumption from generic health drivers. This shift towards value-added processing is creating new growth corridors for exporters who can adapt their seasoning formulations to specific regional tastes. According to SVC International JSC, December 2024, in the 'Overview of Vietnam's Cashew Export Market in 2024', the Middle East region recorded an 18% increase in imports during the year, a growth surge driven primarily by the rising demand for processed and flavored cashew products.

Simultaneously, the market is experiencing Premiumization Through Single-Origin and Traceable Sourcing, driven by escalating regulatory pressures and consumer demand for ethical supply chain transparency. Major snack conglomerates are responding by enforcing rigorous procurement standards that verify the social and environmental credentials of their raw material origins, treating traceability as a non-negotiable compliance metric rather than just a marketing claim. This structural evolution in procurement ensures that upstream sustainability claims are backed by verifiable data, securing market access in high-value retail landscapes. According to Intersnack Group, October 2025, in the '2024 Sustainability Progress Report', the company achieved a critical milestone where 98% of its priority-1 suppliers had signed its Responsible Sourcing Policy, ensuring adherence to strict ethical standards across its supply network.

Segmental Insights

The Online segment is anticipated to register the fastest growth in the Global Cashew Nut Snacks Market due to the rapid expansion of digital retail infrastructure and evolving consumer shopping preferences. This channel benefits significantly from the shelf-stable nature of cashew products, which minimizes logistical challenges and ensures product integrity during shipping. Furthermore, e-commerce platforms offer a broader selection of premium brands and flavors compared to physical retail stores, allowing for easier price comparison and bulk purchasing. The convenience of doorstep delivery combined with detailed digital product labeling continues to drive the adoption of internet-based sales channels.

Regional Insights

Asia Pacific dominates the Global Cashew Nut Snacks Market, driven by its position as both a primary production hub and a massive consumer base. Nations such as India and Vietnam lead global processing, ensuring a steady supply of raw materials and competitive manufacturing costs. Concurrently, rising disposable incomes and the cultural integration of cashews into local diets fuel high domestic demand. Industry support from organizations like the Cashew Export Promotion Council of India further stabilizes the trade environment by enforcing quality standards. This alignment of robust supply chain capabilities with extensive local consumption solidifies the region's market leadership.

Recent Developments

• In June 2025, Nuts.com entered the physical retail space with the launch of a new product line titled Pop & Sol, directly targeting the premium segment of the Global Cashew Nut Snacks Market. The debut collection included savory innovations such as Jalapeño Cashews and Sea Salt & Pepper Cashews, which were rolled out exclusively at Target locations. The CEO of Nuts.com explained that this strategic pivot from a purely e-commerce model to brick-and-mortar retail allowed the company to leverage decades of consumer flavor data to meet shoppers in traditional grocery environments with high-quality, flavor-forward nut snacks.
• In October 2024, the cashew processing infrastructure supporting the Global Cashew Nut Snacks Market received a substantial boost through a USD 28.7 million investment in Côte d'Ivoire. A consortium comprising Zantye Agro Industries and Münzer committed USD 11.2 million, while TORQ Commodities and Agricas Global pledged USD 10 million and USD 7.5 million, respectively. These agreements were established to enhance local processing capacities, ensuring a more stable supply of high-quality cashew kernels for international export. This collaboration addresses the critical need for value-added processing within a major raw material production hub, directly benefiting global snack manufacturers.
• In May 2024, the Planters brand, a subsidiary of Hormel Foods, broadened its flavored cashew portfolio with the launch of Salt & Vinegar cashews. Packaged in 5-ounce resealable bags, this new product was developed in response to consumer data indicating a growing preference for tangy and savory snack profiles. The Senior Brand Manager at Planters stated that the flavor was selected after consulting with industry experts and consumers to identify gaps in the current market. This addition aims to strengthen the brand’s position in the competitive savory snack segment by offering a bold twist on traditional roasted cashews.
• In March 2024, Karma Nuts expanded its presence in the Global Cashew Nut Snacks Market by introducing a new line of cashew-based cookies at the Natural Products Expo West. This product launch featured three distinct varieties—Cashew Date, Toasted Coconut, and Chocolate Chip—utilizing cashew flour to offer a grain-free, gluten-free, and plant-based snacking alternative. The Founder and CEO of Karma Nuts noted that the expansion into cookies marked a decade of innovation for the company, aiming to provide nutrient-dense options sweetened with dates and coconut instead of refined sugars, thereby catering to health-conscious consumers.

Key Market Players

• Nestlé S.A.
• Archer Daniels Midland Company
• Bunge Global SA
• The Kraft Heinz Company
• John B. Sanfilippo & Son, Inc.
• Vietnam Cashew Processing Co.
• Lienanhco., ltd
• Alphonsa Cashew Industries
• Diamond Foods, LLC
• Aurora Products Inc.

By Product	By Application	By Distribution Channel	By Region
Roasted Cashew Nut Snacks Salted Cashew Nut Snacks Unsalted Cashew Nuts Others	Household Food Service Others	Online Offline	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Cashew Nut Snacks Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Cashew Nut Snacks Market, By Product:

• Roasted Cashew Nut Snacks
• Salted Cashew Nut Snacks
• Unsalted Cashew Nuts
• Others

• Cashew Nut Snacks Market, By Application:

• Household
• Food Service
• Others

• Cashew Nut Snacks Market, By Distribution Channel:

• Online
• Offline

• Cashew Nut Snacks Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE