Germany Cashew Market Report and Forecast 2024-2032

Germany Cashew Market Outlook

The Germany cashew market size reached approximately USD 739.01 million in 2023. The market is further projected to grow at a CAGR of 4.1% between 2024 and 2032, reaching a value of USD 1060.45 million by 2032.

Key Trends in the Market

Cashews are nutrient dense kidney shaped nuts that are used in cooking, baking, and preparation of beverages and are also consumed as snacks. The buttery texture, slightly sweet flavour, and crunch of  cashews makes them suitable for a wide range of culinary applications.

• Rising awareness about the various health benefits associated with consumption of cashews have increased their demand from the health-conscious population of Germany. They are rich in iron and vitamin K which helps in maintaining a strong immune system and healthy bones and blood. The presence of healthy fats, minerals, and proteins provides additional health benefits.

• Growing adoption of vegan lifestyle and plant-based diets is boosting the requirement for plant-based protein sources resulting in an increased Germany cashew market demand. Moreover, the rising environmental concerns are fuelling the consumption of  sustainably sourced cashews, among other products.

• The utilisation of cashews in production of baked goods including cakes and cookies is increasing as cashews in combination with other flavours and baking ingredients such as custard powder offer a rich and creamy taste to the baked good. Cashews in the form of pieces are used for garnishing and topping pies, cakes, and cookies for decorative purposes and in the form of powder to enhance the flavour of the food product.

Germany Cashew Market Analysis

Based on type, the market is divided into white, scorched, and dessert. By form, the market is bifurcated into wholes and pieces.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Germany cashew market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Seeberger GmbH

• RAPUNZEL NATURKOST GmbH

• KoRo Handels GmbH

• Märsch Importhandels-GmbH

• Nutwork Handelsgesellschaft mbH

• Naturata AG

• Keimling Naturkost GmbH

• The Lorenz Bahlsen Snack-World GmbH & Co KG

• Kontorhaus Göricke UG (Kamelur)

• Alnatura Production and Trading GmbH

• Others

Market Share by Type

White cashews are expected to account for a significant Germany cashew market share owing to their versatility and applications in preparation of both sweet and savoury dishes. They are considered suitable for cooking and baking as well as for snacking because of their high nutritional content. Due to the natural ivory colour and buttery flavour of these cashews, they are also used in chocolate and biscuit factories.

Market Share by Form

Pieces are anticipated to hold a significant share of the market owing to their wide range of applications in cooking, baking, and preparation of smoothies, dips, yogurts, and sauces. They get easily dispersed in dishes and add a consistent texture and flavour to the food, further contributing to the Germany cashew market growth. Moreover, cashew pieces are easily available and at economical prices, making them budget friendly for consumers across Germany.

Competitive Landscape

Seeberger GmbH was founded in 1983 and is headquartered in Germany. The food company offers dried fruits, snacks, nuts, and coffee, among other baking and cooking ingredients to its customers around the globe.

RAPUNZEL NATURKOST GmbH is a retail farming company that was founded in 1974 and is headquartered in Bayern, Germany. The company is known for producing and selling vegetarian organic food products to its consumers across the globe.

KoRo Handels GmbH was established in 2014 and has its headquarters located in Berlin, Germany. The food and beverage company specialises in superfoods, nuts, office snacks, and dried fruits, among other food products.

Other Germany cashew market key players include Märsch Importhandels-GmbH, Nutwork Handelsgesellschaft mbH, Naturata AG, Keimling Naturkost GmbH, The Lorenz Bahlsen Snack-World GmbH & Co KG, Kontorhaus Göricke UG (Kamelur), and Alnatura Production and Trading GmbH, among others.

Key Highlights of the Report