Cashew Nut Processing Equipment Market Forecast 2024-2033: Growth Rate, Drivers, And Trends|Tomra Systems ASA, Rotex Manufacturers & Engineers Pvt. Ltd., A/S Cimbria, GELGOOG Machinery Inc., Ss Engineering Works Limited

The Cashew Nut Processing Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Cashew Nut Processing Equipment Market:
https://www.thebusinessresearchcompany.com/report/cashew-nut-processing-equipment-global-market-report

According to The Business Research Company’s Cashew Nut Processing Equipment Global Market Report 2024, The cashew nut processing equipment market size has grown strongly in recent years. It will grow from $5.34 billion in 2023 to $5.78 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growing cashew nut consumption, quality and safety standards, globalization of trade, rising consumer awareness, supply chain integration.

The cashew nut processing equipment market size is expected to see strong growth in the next few years. It will grow to $7.94 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to emerging markets demand, automation and industry 4.0, sustainability practices, customization and flexibility, e-commerce growth. Major trends in the forecast period include technological advancements, automation and technology integration, energy-efficient processing, hygienic processing standards, customization for small and medium enterprises (smes).

The increasing popularity of veganism is expected to propel the growth of the cashew nut processing equipment market going forward. Veganism is both a lifestyle and a dietary selection that refrains from utilizing wholly animal-derived products, dairy products, and the products that might be derived from the animals. Cashew nut processing equipment is used to peel the thin skin layer that covers the kernel, which can be further used into various food products . For instance, in March 2022, according to the Plant Based Foods Association, a US-based trade association representing the nation’s plant-based food companies, retail sales of plant-based meals in the United States increased by 6.2% in 2021 compared to a record year of growth in 2020, bringing the market value of all plant-based products to an all-time high of $7.4 billion. Currently, 79 million households in the United States, or 62%, buy products made from plants, which is a 61% increase from 2020 (77 million in 2020). Therefore, the increasing popularity of veganism is driving the growth of the cashew nut processing equipment market.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=13205&type=smp

The cashew nut processing equipment market covered in this report is segmented –

1) By Type: Roasting Equipment, Peeling Equipment, Drying Equipment, Shelling Equipment, Sorting And Grading Equipment, Other Types
2) By Operation: Automatic, Semi-Automatic
3) By End-Use: Cashew Nut Processing Plants, Commercial Kitchens

Major companies operating in the cashew nut processing equipment market are focused on developing innovative cashew processing plants, such as automatic cashew processing plants, to gain a competitive edge in the market. An automatic cashew processing plant uses machines to reduce the amount of manual labor required to process raw cashew nuts into finished cashew kernels. For instance, in October 2021, Mekong Tech Group, a Vietnam-based manufacturer of whole-kind cashew machines, launched VN-2022, a new modern automatic cashew processing plant. It is operated automatically from the cleaning process through shelling and separating to tray filling in preparation for filling the tray. The labor required to shell cashews is reduced by 60–70%. It has a modern automatic control system that connects machine systems through SCADA (supervisory control and data acquisition) control systems or ERP (enterprise resource planning) management software. The main elements of the cashew processing factory, such as the cashew steaming and chilling system and the cashew shelling and separating system, are created using the most recent technology available in Vietnam.

The cashew nut processing equipment market report table of contents includes:

1. Executive Summary
2. Cashew Nut Processing Equipment Market Characteristics
3. Cashew Nut Processing Equipment Market Trends And Strategies
4. Cashew Nut Processing Equipment Market – Macro Economic Scenario
5. Global Cashew Nut Processing Equipment Market Size and Growth

.

.

.

32. Global Cashew Nut Processing Equipment Market Competitive Benchmarking
33. Global Cashew Nut Processing Equipment Market Competitive Dashboard
34. Key Mergers And Acquisitions In Cashew Nut Processing Equipment Market
35. Cashew Nut Processing Equipment Market Future Outlook and Potential Analysis
36. Appendix

 

Top Major Players :

• Tomra Systems ASA
• Rotex Manufacturers & Engineers Pvt. Ltd.
• A/S Cimbria
• GELGOOG Machinery Inc.
• Ss Engineering Works Limited

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model