Research Methodology – Cashew Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Cashew Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Cashew Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Demand supply ratio in the market.
- Overall consumption of cashews by individuals and industries.
- Total production of cashews worldwide.
- Size of cashew exports and imports/ trade.
- Number of cashew processors and retailers in the market.
- Impact of weather conditions on cashew production.
- Economic factors such as GDP, income levels, and purchasing power of the consumers.
- Government policies and regulations impacting cashew business.
Key Market Indicators
- Total global production and consumption of cashews.
- The rate of consumption growth in emerging markets.
- The rates of production in top cashew growing regions.
- Price trends of cashews both wholesale and retail.
- Changes in import and export levels of cashews.
- Sectoral demand growth; industrial use vs individual consumption.
- Technological advancements in cashew processing.
Growth Trends
- Increasing consumer preference for healthy and organic food products.
- The rise in demand from confectionery and bakery industries.
- Growth in the retail sector and wide-scale availability of different forms of cashews (roasted, salted, flavored, natural).
- Veganism and vegetarianism leading to increased consumption of cashews.
- Emerging markets in developing countries as potential growth areas.
- Innovation in packaging and flavors catering to changing consumer preferences.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Cashew Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Cashew Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights