The Global Cashew Surge: Who’s Cashing In (And Why)
Cashew nuts have gone from a niche snack to a global powerhouse in the agro-commodity market. With rising demand in Europe, the U.S., and Asia, the cashew industry is now valued in the billions of dollars, and growing fast. But who’s really benefiting from this surge, and why does it matter?
Drivers of the Surge
Health & Lifestyle Trends: Cashews are celebrated as a heart-healthy, protein-rich snack, fueling demand among health-conscious consumers.
Processed Value: From cashew butter to plant-based dairy alternatives, cashews have become a staple in food innovation.
Emerging Markets: Growing middle classes in Asia and Africa are increasing consumption, expanding beyond traditional Western markets.
Who’s Cashing In?
Processing Countries: India and Vietnam dominate cashew processing, adding significant value and controlling a large share of global trade.
Exporting Nations: African countries like Nigeria, Ivory Coast, and Ghana supply the raw cashew nuts, but often miss out on higher profits from processing.
Global Retail Brands: Big food brands and retailers capture margins by marketing cashews as premium lifestyle products.
Why It Matters
For exporters like REAA Resources Management Ltd (RRM), the cashew surge is more than just numbers, it’s an opportunity to shift the narrative. By focusing on quality, traceability, and sustainable sourcing, African exporters can move beyond raw supply into value-driven partnerships.
The cashew surge is global, but the real win lies in strategic participation, ensuring farmers, processors, and exporters all share in the profits of this growing market.
26th August 2025
