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Germany Cashew Market Size (2024 - 2029)

The cashew market in Germany is experiencing growth, driven by increasing consumer awareness of health benefits and a rising trend in healthy snacking. As the largest consumer of cashew nuts in Europe, Germany shows seasonal demand peaks, particularly in winter. The nuts are gaining popularity in the food and beverage industry, being used in various products such as cookies, cereals, and snack bars. The stable prices and favorable exchange rates further enhance market interest, contributing to the expanding market size.

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Market Size of Germany Cashew Industry

Germany Cashew Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 758.90 Million
Market Size (2029) USD 927.80 Million
CAGR (2024 - 2029) 4.10 %

Germany Cashew Market Analysis

The Germany Cashew Market size is estimated at USD 758.90 million in 2024, and is expected to reach USD 927.80 million by 2029, at a CAGR of 4.10% during the forecast period (2024-2029).

  • Germany stands as the second-largest importer of cashew nuts by value and the third-largest by volume globally. With negligible domestic production, the country relies heavily on imports to meet its cashew demand. In 2023, Germany imported cashews valued at USD 425,015, according to the ITC Trade Map. Among European nations, Germany leads in cashew nut consumption. The demand for cashews as snacks in Germany fluctuates seasonally, reaching its peak during the winter months and declining in summer. 
  • Moreover, the country also serves as a significant re-exporter of cashew nuts to neighboring countries, including France, Poland, Luxembourg, and the United Kingdom. The Centre for the Promotion of Imports from Developing Countries (CBI), under the Ministry of Foreign Affairs, identifies Germany as a transit country for imported cashew nuts. Annually, Germany re-exports 38% of its imported cashews, with 99% destined for European markets.
  • German consumers are increasingly aware of the health benefits associated with nuts. Cashews are marketed for their high iron content, which supports a strong immune system, and vitamin K, which contributes to healthy blood and bones. The appealing taste of cashews is another factor driving increased consumption. Additionally, favorable exchange rates and stable prices in the regional market are attracting both packers and consumers. The combination of rising imports, re-exports, and demand from the processing industry is fueling cashew nut consumption in Germany. 

Germany Cashew Industry Segmentation

Cashew nuts are edible kidney-shaped nuts, rich in oil and protein, and are roasted and shelled before being eaten. The Germany Cashew Market report analyzes the Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Analysis (Volume and Value), Export Analysis (Volume and Value), and Wholesale Price Trend Analysis. The report offers the market size and forecasts in terms of value (USD) and volume (metric tons) for all the above segments.

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Germany Cashew Market Size Summary

The cashew market in Germany is experiencing a steady growth trajectory, driven by increasing consumer awareness of the health benefits associated with cashew nuts. As the largest consumer of cashews in Europe, Germany sees a seasonal demand for these nuts, with peak consumption during the winter months. The rising trend of healthy snacking has led to a surge in the use of cashews in various food and beverage applications, including cookies, cereals, and as toppings for ice cream. This growing interest is further fueled by the nuts' rich nutritional profile, which includes high levels of protein, Vitamin K, and healthy fats, making them a popular choice for health-conscious consumers. The favorable exchange rates and stable pricing in the regional market also contribute to the increasing demand from both consumers and industrial users.

Germany's position as Europe's second-largest importer of cashew nuts underscores its significant role in the regional market. The country relies heavily on imports from major exporting nations such as Vietnam, India, and Indonesia, due to limited domestic processing capabilities. The import demand is expected to rise, driven by the growing consumption of cashew-based snacks and the nuts' versatility as a vegan substitute for heavy cream in various culinary applications. Despite minimal local production, the German market for cashew kernels is predominantly focused on the snack segment, with roasted-and-salted cashews being particularly popular. The increasing availability of cashew-based products, such as ready-to-drink cashew milk, further supports the market's expansion, as consumers seek healthier and more sustainable food options.

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Germany Cashew Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rising Demand for Vegan Foods

      2. 1.2.2 Re-exports are Propelling the Market

      3. 1.2.3 Expanding Applications in the Food Industry

    3. 1.3 Market Restraints

      1. 1.3.1 Competition From Other Nuts

      2. 1.3.2 Supply Chain Bottlenecks

    4. 1.4 Value Chain Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 Production Analysis

    2. 2.2 Consumption Analysis

    3. 2.3 Import Analysis by Volume and Value

    4. 2.4 Export Analysis by Volume and Value

    5. 2.5 Price Trend Analysis

Germany Cashew Market Size FAQs

The Germany Cashew Market size is expected to reach USD 758.90 million in 2024 and grow at a CAGR of 4.10% to reach USD 927.80 million by 2029.

In 2024, the Germany Cashew Market size is expected to reach USD 758.90 million.

Germany Cashew Market Report Snapshots

Cashew Market In Germany Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)