Rising Cashew Nuts Imports is Driving the European Cashew Nuts Market

European cashew nuts market is estimated to grow at a CAGR of 4.0% during the forecast period. Rising imports of cashew nuts is one of the key factors accelerating market growth. As per the International Nut and Dried Fruit Council (INC), in 2018, cashew imports reported in France, UK, Germany, Italy, and Spain, were 14,952 metric tons, 20,917 metric tons, 65,151 metric tons, 8,892 metric tons, and 7,649 metric tons, respectively. European consumers highly prefer healthier snack options, which in turn, is leading to increasing demand for cashew nuts as raw or roasted snacks. 

Browse the full report description European Cashew Nuts Market Size, Share & Trends Analysis Report, By Form (Raw and Roasted), By Distribution Channel (Online and Offline) and Forecast, 2020-2026 at https://www.omrglobal.com/industry-reports/european-cashew-nuts-market

Roasted cashews are a healthier option while eaten in moderation as they are cholesterol-free and can reduce cholesterol levels owing to their dietary fiber and phytosterols. Additionally, cashews are a good source of minerals and proteins. Cashew nuts are also a potential source of some essential nutrients such as manganese, copper, and magnesium that are important for energy production, bone health, brain health, and immunity. Apart from these benefits, cashews are rich in polyphenols and carotenoids, which are two antioxidants categories that may support reduce inflammation and provide protection from conditions such as cancer and CVD. 

Scope of the European Cashew Nuts Market

Market Coverage

• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Form and Distribution Channel
• Country Covered- UK, Germany, France, Spain, Italy, and Rest of Europe
• Competitive Landscape- PepsiCo, Inc., The Kraft Heinz Co., and Lorenz Bahlsen Snack-World GmbH & Co. KG.

Recent Strategic Initiatives in the European Cashew Nuts Market

• In January 2020, Cambrook Foods launched a luxury nut range, which includes four tantalizing lines. The moreish nuts are seasoned with a range of unique spices and seasonings for creating a taste experience that is irresistible, primarily when combined with a tipple. The Cambrook range is also available in Cambrook’s 45g Bar Snacks, Cambrook’s 1kg Bulk Bags, and Cambrook’s 90g & 95g Minibar Jars. 
• In March 2019, Kerry Foods declared the launch of a new snacking range referred to as Fridge Raiders Cheese and Nut Combos. It combines bite-sized cheese pieces with a range of savory foods including nuts and crunchy corn. This new snack range is available in Honey BBQ flavors and Sea Salt & Pepper. As per Kerry Foods, these snacks are high in protein and lower than 170 calories.

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

European Cashew Nuts Market-Segmentation

By Form

• Raw 
• Roasted

By Distribution Channel

• Offline
• Online

European Cashew Nuts Market– Segment by Country

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe