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2025-08-28
Cashew nut Supplies have become an increasingly important part of global agricultural trade, driven by rising consumer demand for healthy snacks, plant-based protein, and versatile food ingredients.
Compared to peanuts, cashew nuts have a relatively high fiber content and are rich in nutrients. Due to the increasing awareness of consumer health, the consumption of cashew nuts has steadily increased. In order to meet the global demand for cashew nuts, the cashew nut export market is steadily expanding, providing new opportunities for global suppliers.
The cashew nuts export market size will reach 7.82 billion US dollars in 2024 and is expected to reach 9.2 billion US dollars by 2029, with a compound annual growth rate of 3.31% during the forecast period (2024-2029).
According to Tendata Global Trade Data, the Following are The Top 10 Largest Cashew Nut Suppliers:
Cambodia：$2,735.38 million(21.02% )
Ivory Coast：$2,434.32 million(18.70% )
Nigeria：$1,229.69 million(9.45% )
Ghana：$1,182.97 million(9.09% )
Tanzania：$1,062.77 million(8.17% )
Vietnam：$946.93 million(7.28% )
Togo：$708.93 million(5.45% )
Guinea-Bissau：$675.97 million(5.19% )
Guinea：$436.68 million(3.36% )
Burkina Faso：$338.95 million(2.60% )
From the perspective of the country of origin, Cambodia and Cote d 'Ivoire are the dual cores of global cashew nut exports, with a combined market share of nearly 40%. The overall contribution of West African countries exceeds one third. Vietnam, on the other hand, has advantages in processing and re-export. Overall, the cashew nut market presents a pattern where Africa is the main producer and Asia is the processing and distribution hub.
According to Tendata, the Following Companies are the Largest Cashew Nut Suppliers:
1. OLAM INTERNATIONAL LIMITED(Singapore, $630.52M, 4.84%)
A global leader in agricultural trade, OLAM holds a key position in the cashew business through supply chain integration.
2. FREE XPORT CROP CO LTD(Cambodia, $400.20M, 3.07%)
A major Cambodian exporter, leveraging local agricultural resources to supply cashews to global markets.
3. E COVICA CO LTD(Cambodia, $396.36M, 3.05%)
An important player in Cambodia’s cashew industry with stable exports, mainly targeting Asian markets.
4. OLAM FOOD INGREDIENTS VIETNAM PTE LTD(Singapore, $317.38M, 2.44%)
OLAM’s Vietnam subsidiary, focusing on cashew processing and value-added product supply.
5. QUANG POV LENG CO LTD(Cambodia, $209.18M, 1.61%)
A Cambodian exporter expanding cashew exports through regional trade channels.
6. EC AGROTRADE DMCC(UAE, $202.10M, 1.55%)
A Dubai-based trading firm leveraging the Middle East’s logistics hub advantages to distribute cashews globally.
7. INTERSNACK CASHEW COMPANY PTE LTD(Singapore, $200.85M, 1.54%)
A Singapore-based company under Europe’s Intersnack Group, specializing in nut product supply.
8. MAJESTAR INTERNATIONAL LIMITED(Hong Kong, China, $185.21M, 1.42%)
A Hong Kong trading company mainly acting as a re-export intermediary for cashews.
9. SIEM SRIENG CAMBODIA AGRICULTURE CO LTD(Cambodia, $176.74M, 1.36%)
A Cambodian agricultural company combining local sourcing with export operations.
10. KHON SOKHAN TRADING CO LTD(Cambodia, $171.41M, 1.32%)
A mid-sized Cambodian exporter gradually expanding its international customer base.
The cashew nut supply chain is composed of multinational enterprises, regional exporters and re-export traders. Singaporean and Cambodian enterprises hold prominent positions in the supplier rankings, demonstrating their strong influence in cashew processing, export and distribution.
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