Market Size of Netherlands Cashew Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.20 % |
Netherlands Cashew Market Analysis
The Netherlands cashew market is projected to record a CAGR of 3.2% during the forecast period.
- There has been an increasing trend in the consumption of cashew nuts, owing to the increasing health consciousness among consumers in the country. Cashew nuts are also increasingly being used as an ingredient in spreads and snack bars (especially organic) over recent times, boosting the consumption of cashews overall.
- The rapidly growing groups of vegans, vegetarians, and occasional meat-eaters in the country have prioritized plant-based diets and alternative sources of protein instead of those derived from animals, resulting in the soaring demand for nuts and nut-infused food, thereby increasing the consumption of cashew nuts. Also, there has been an increasing application of cashew nuts in the end-user food market, boosting the consumption of cashew in the country.
- The Netherlands is one of the largest exporters of cashew nuts. In 2021, it exported 5,176.0 metric tons of cashew nuts which increased from 3,868.0 metric tons in 2018. The demand for the nut is growing at a continuous rate annually. The favorable exchange rates and stable prices in the domestic market are triggering the interest of packers and consumers equally.
Netherlands Cashew Industry Segmentation
Cashew nuts are edible kidney-shaped nuts, rich in oil and protein, roasted and shelled before being eaten. The study analyzes the scenario of the cashew nuts market in the Netherlands.
The Netherlands cashew market includes production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis.
The report offers the market size and forecasts in terms of volume in metric tons and value in USD thousand for all the above segments.
Netherlands Cashew Market Size Summary
The Netherlands cashew market is experiencing a steady growth trajectory, driven by increasing health consciousness among consumers and a rising preference for plant-based diets. This trend has led to a surge in the use of cashew nuts as ingredients in various food products, such as spreads, snack bars, and nut-infused foods, catering to the growing vegan and vegetarian populations. The country's reliance on imports, due to its unsuitable climate for domestic cashew cultivation, positions it as a significant player in the European cashew trade. The Netherlands not only imports a substantial volume of cashew nuts but also re-exports a significant portion, making it a crucial hub for cashew distribution across Europe.
The Dutch market's demand for cashew nuts is further bolstered by their application in the end-user food and beverage industry, where they are increasingly used in products like cookies, ice cream toppings, and nut spreads. The preference for roasted and salted cashew nuts, along with the growing popularity of unsalted varieties, reflects a broader trend towards healthy snacking options. The Netherlands' strategic position as a major importer and re-exporter of cashew nuts, coupled with favorable exchange rates and stable domestic prices, continues to attract interest from both packers and consumers, reinforcing its status as a key market in the European region.
Netherlands Cashew Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain / Supply Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Production Analysis
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2.2 Consumption Analysis (Volume and Value)
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2.3 Import Market Analysis (Volume and Value)
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2.4 Export Market Analysis (Volume and Value)
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2.5 Price Trend Analysis
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Netherlands Cashew Market Size FAQs
What is the current Netherlands Cashew Market size?
The Netherlands Cashew Market is projected to register a CAGR of 3.20% during the forecast period (2024-2029)
What years does this Netherlands Cashew Market cover?
The report covers the Netherlands Cashew Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Netherlands Cashew Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
