08/04/2025
CASHEW PLANTATION IS A GREAT INVESTMENT
Cashew nuts hold immense potential as a lucrative investment, especially given their rising global demand and the significant gap between supply and demand. What was once considered "waste" by many—discarding the nut after enjoying the fruit—has now become a highly sought-after commodity in international markets.
Why Cashew Plantation is a Great Investment.
Global Demand: The global cashew market is projected to grow from approximately $8.08 billion in 2025 to $9.51 billion by 2030, with a compound annual growth rate (CAGR) of 3.31%. This growth is fueled by increasing health consciousness, the popularity of plant-based diets, and the versatile uses of cashew nuts in food, beverages, and cosmetics.
Supply Gap: Despite the growing demand, global production struggles to keep pace. In 2022, the total global production of cashew nuts (in-shell) was around 3.85 million metric tons, with Côte d’Ivoire leading at 970,000 metric tons, followed by India and Vietnam. However, this production is insufficient to meet the rising consumption in major markets like the United States, Europe, and Asia.
Export Opportunities: Countries like Vietnam and India dominate the export of cashew kernels, with Vietnam accounting for 65% of global exports. Nigeria, as the 6th largest producer, has significant untapped potential to increase its share in the global market by improving processing capabilities and value addition.
Profitability: Cashew farming offers a high return on investment. A mature cashew tree can yield 7-11 kg of nuts annually, and the return on investment ranges between 30-40% within 3-5 years of cultivation. Additionally, cashew by-products, such as cashew apple juice and cashew nut shell liquid (CNSL), provide additional revenue streams.
Sustainability: Cashew trees are hardy, drought-resistant, and thrive in marginal soils.
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