European Cashew Nuts Market Size, Growth Analysis Report, Forecast to 2027


Posted September 22, 2021 by alfahadkhan2510

European cashew nuts market is estimated to grow at a CAGR of 4.0% during the forecast period.

 
European cashew nuts market is estimated to grow at a CAGR of 4.0% during the forecast period. Significant availability of working-age population and rising consumption of gourmet nuts are some pivotal factors leveraging the market growth. As per the Organization for Economic Cooperation and Development (OECD), the working-age population (15-64) in France, Germany, and UK, were 62.1%, 65.0%, 63.8%, respectively. This results in an increasing demand for healthier nuts as snacks in this age-group population. European consumers of cashew nut prefer cashew nuts as roasted, simple, and salty snacks; however, the consumption of unsalted cashew nuts is also growing.

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The market is segmented based on form and distribution channel. Based on the form, the market is classified into raw and roasted. Based on the distribution channel, the market is classified into online and offline. Online distribution channel to witness potential growth in the market coupled with the growth in online food delivery services and expansion of online platforms. Europe is home to several online food delivery players, including Deliveroo, Just Eat, Glovo and Wolt, Takeaway.com, and Delivery Hero. This, in turn, is supporting the increasing demand for online distribution channels for cashew nuts in the region.

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The market study of the European cashew nuts market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity to our reports.

European Cashew Nuts Market – Segmentation
by Form
Raw
Roasted
by Distribution Channel
Offline
Online

European Cashew Nuts Market – Segmentation by Region 
Germany
United Kingdom
France
Spain
Italy
Rest of Europe

Company Profiles
Herbert Kluth GmbH & Co.KG
Lorenz Bahlsen Snack-World GmbH & Co KG
Ludlow Nut Co. Ltd.
Natco Foods Ltd.
PepsiCo, Inc.
Peyman Kuruyemis
Sun Valley Ltd.
The Kraft Heinz Co.
Ültje GmbH (Intersnack Group GmbH & Co. KG)
V. Besana S.p.A.

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Issued By Alfahad khan
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Country India
Categories Business
Tags european cashew nuts market
Last Updated September 22, 2021