Cashew Roasting Machine Market

A Summary of the Cashew Roasting Machine Market Development (2023 to 2033)

The global cashew roasting machine market is projected to have a moderate-paced CAGR of 3.9% during the forecast period. The current valuation of the market is USD 169.7 million in 2023. The market value of the cashew roasting machine market is anticipated to reach a high of USD 248.3 million by the year 2033. A historical market valuation of USD 163.3 million has been recorded by the experts of Future Market Insights for the concerned market during the base year. This growth is supported by:

• The surge in the number of health-conscious consumers across the globe and their raising awareness about the health benefits provided by roasted nuts is anticipated to fuel the market growth for the concerned product.
• The need to eliminate the acids ad proteins present in the nuts makes them lack taste, thereby the cashew roasting machines enhance the taste of the nuts to be favorably devoured by the growing population.
• Demand for transforming the physical and chemical properties of raw cashews into roasted cashew products with changes in taste, color, density, and smell is fueling the sale of cashew roasting machines.
• The key aspect bolstering the demand for cashew roasting machines is to obtain different flavors of cashew.
• The different types of cashews like light-roast cashew, medium-roast cashews, and dark-roast cashew used in the wide variety of delicacies are anticipated to transform the landscape of cashew roasting machines in the forthcoming years.

Although the market is projected to have healthy growth, the expert analysts at Future Market Insights have identified that a certain number of elements prevailing in the market are likely to impede the growth of the forum in the long run. The restraining factors identified in the cashew roasting machine market are as follows:

• The low shelf-life of roasted cashews is expected to act as a major deterring factor, as it loses flavor due to the onset of staleness.
• Instant cashew powder is expected to hinder the global market growth for cashew roasting machines as they reduce the time needed for roasting and grinding.
• Fluctuations in the prices of raw materials are likely to hinder the pace of advancement for cashew roasting machines across geographies.

Report Attribute	Details
Cashew Roasting Machine Market Value (2023)	USD 169.7 million
Cashew Roasting Machine Market Anticipated Value (2033)	USD 284.3 million
Cashew Roasting Machine Projected Growth Rate (2023 to 2033)	3.9%

Increase in the Number of Cafes Surge Demand for Roasted Cashew Garnishing

It has been identified while analyzing the market in depth that a large number of cafes, restaurants, and bakeries are flourishing across developing economies due to the new cult of exploring exquisite eateries amongst the millennial populace. Owing to the rise in per capita income, people across the globe are becoming fonder of dine-out habits and are also having a change in their preference for food. They are looking forward to healthier options that possess added benefits besides having a scrumptious taste. Roasted cashews are being extensively used in customized cakes, and as a garnish on flavorsome desserts.

Due to this consumer demand for the distinct flavors of roasted cashews, the manufacturers operating in the cashew roasting machine market are prompted to design new products that work efficiently to cater to new requirements from the food and restaurant sector.

Glance over the Historical Market Scenario

After analyzing the market to the core, the experts of FMI have unveiled that the cashew roasting machine market has been witnessing an unprecedented surge in the past few years. There is an approximate rise of USD 85.0 million surge in the total market value from 2022 to 2023. The market during the period 2018 to 2023 registered a CAGR of 2.9%.

The growth of the market can be attributed to the need for eliminating the dangerous toxin present in it called urushiol. This substance is poisonous and can cause dermatitis that provokes the appearance of spots and bumps on the skin accompanied by itching, and the awareness regarding this issue amongst consumers is instigating them to consume roasted cashews, thereby fueling the growth of the cashew roasting machine market over the forecast period.

The demand for snacks is increasing and the nut industry is growing rapidly in the snacking sector due to the number of healthy nutrients provided by nuts along with flavor and taste. Owing to the crunchy texture of roasted cashews and a wide range of health benefits, they are gaining prominence amongst the urban populace and has resulted in a rising market share for cashew roasting machine in recent years.

Cashew Roasting Machine Market:

Differentiating Aspects	Cashew Roasting Machine Market
CAGR	3.9%
Market Valuation in 2023	USD 169.7 Million
Projected Market Value in 2033	USD 284.3 Million
Drivers	Raising health awareness amongst the urban populace about the benefits of cashew is expected to fuel market shares. Consumer preference for distinctive flavors of cashews and change in snacking habits is a key growth propellant.

Coffee Roasting Machine Market:

Differentiating Aspects	Coffee Roasting Machine Market
CAGR	6%
Market Valuation in 2023	USD 479.44 Million
Projected Market Value in 2033	USD 858.60 Million
Drivers	The increasing trend of café culture and the expansion of coffee shop chains are also expected to drive market growth. Rising disposable income and development in the retail sector are likely to propel the growth of the residential coffee roaster segment.

Wheat Roaster Machine Market:

Differentiating Aspects	Wheat Roaster Machine Market
CAGR	6.4%
Market Valuation in 2023	USD 1.17 Billion
Projected Market Value in 2033	USD 2.18 Billion
Drivers	Roasted wheat enhances digestibility and has high nutrient levels in the grains, thereby proliferating the growth of the wheat roaster market. Convenience food manufacturers are highly using roasted wheat for food. Demand for healthier and tastier snacks is fueling the market growth for wheat roasters due to the usage of roasted wheat largely across the bakery industry.

Category-wise Insights

Overview of Key Segments Gaining Popularity and Attention in the Cashew Roasting Machine Market

Semi-automatic Cashew Roasting Machine - By Machine Type

It has been identified that the semi-automatic cashew roasting machine segment in the product type category is likely to hold a dominant share through the forecast period. This segment is advancing at a steady pace, recording a CAGR of 3.8% through 2033. During the base year, the semi-automatic machine type accounted for a CAGR of 2.7%. The factors responsible for the growth of this segment can be identified as the following:

• It is a multipurpose machine with the advantages of environmental protection, heat preservation, and energy saving.
• The semi-automatic machines are convenient and fast as compared to the other machine types which save on labor and time with a high rate of production.
• They are available at a relatively low cost.

Batch-type Roasting Machine - By Roasting Machine Type

The batch-type roasting machine segment is projected to exert a positive influence on the cashew roasting machine market over the forecast period. This segment is accountable for an average-paced CAGR of 3.6% through 2033. In the base year, the segment registered a CAGR of 3.0%. The aspects fueling the optimum usage of batch-type roasting machines are as follows:

• These machines have accurate dimensions that enable smooth performance and consistent quality of roasted nuts with auto temperature setting facilities.
• The perfectly coordinated mix of controlled roasting air and mechanical motion of the batch-type roasting machine improves the transmission of thermal energy and is highly preferred by roasted cashew nut manufacturers.

Country-wise Insights

A Peek into How Diverse Countries are Augmenting the Flavor and Aroma of Roasted Cashews

Country	United States of America
Statistics	The cashew roasting machine market in the USA is anticipated to register a CAGR of 2.6% during the period 2023 to 2033. The market is estimated to surpass a valuation of USD 26.8 Million by the end of 2033 and has witnessed an approximate surge of USD 6.7 million from the base year to the current. Historical CAGR: 2.2%
Growth Propellants	The factors fueling the growth of the market in the USA are: The abundance of raw materials aids in the larger production of cashew nut-based products fueling the growth of the cashew roasting machine market. Snacking trends are on the rise amongst the working populace due to the crunchy nature of roasted cashews, flavors highly preferred by the populace, aiding the growth of the forum.

Country	Germany
Statistics	The cashew roasting machine market in Germany is projected to progress at a CAGR of 3.2%, surpassing a market valuation of USD 10.7 Million by the end of 2033. An approximate rise of USD 3.7 Million has been witnessed from the year 2022 to 2023. Historical CAGR: 4.3%
Growth Propellants	Factors attributing to the growth of the market are: The rise in the vegan trend across the European region is surging the consumption of plant-based products, thereby fueling the consumption of dry fruits and nuts, simultaneously increasing the market size of cashew roasting machines. The presence of an established bakery industry across Germany that demands roasted cashew toppings on cakes and cookies further fuels the market growth.

Country	China
Statistics	China’s cashew roasting machine market is likely to register substantial growth over the projection period. The country is anticipated to progress at a CAGR of 4.3%. The market valuation in 2033 is expected to stand at USD 48.2 Million. A considerable spike of USD 18.1 Million is witnessed from the year 2022 to 2023. Historical CAGR: 3.8%
Growth Propellants	Aspects boosting the market growth in China can be reckoned as: Rapid urbanization and wide acceptance of a westernized culture of nut-based snacks, coupled with an increase in disposable income are changing the taste preferences of consumers, fueling the market share of the cashew roasting machine market in China. The presence of potential market players innovating in the range of cashew roasting machines is further propelling the market growth.

Country	United Kingdom
Statistics	The UK cashew roasting machine market is anticipated to have significant growth over the estimated period of study, advancing at a CAGR of 3.7% through the forecast period. The market is projected to surpass a valuation of USD 10.7 Million by 2033 and has witnessed a rise from USD 3.7 Million from the base year to the current. Historical CAGR: 5.3%
Growth Propellants	The prevailing growth propellants identified are: The easy availability of raw materials and the high amount of cashew production across the country are stirring up the landscape of cashew roasting machines. Government initiatives and grants for research and development activities to be carried out by key players in the market is likely to influence the market size of cashew roasting machines in the UK

Start-up Ecosystem

FMI Sheds Light on How Emerging Companies Revamp the Market Dynamics

The new entrants in the cashew roasting machine market are leveraging advancements in technology to launch new products and gain a competitive advantage. These firms are continually investing in research and development activities to keep themselves in tandem with the changing consumer preferences and end-use industry demands. Efforts are being made to strengthen their foothold in the forum and aid the further progression of the cashew roasting machines market.

Top Start-ups to Watch For

Griin - Israeli Start-up

This start-up firm has launched its new website featuring its new logo and design language while continuing to develop its proprietary volumetric roasting systems for roasting small quantities of cashews and other nuts on demand.

The core product countertop roasting machine that the company says will roast single doses of nuts, coffee, and more on-demand in as little as 90 seconds. While beta testing in the field is in progress, a full release date has not been announced.

Algrano - Switzerland-based Start-up

This start-up has recently completed an approximate investment funding of USD 4 million. Ikawa ProV3 Sample Roaster made its debut in 2018. The purpose of the firm is to further close the technology gap that exists between cashew producers and traditional consumer markets, while simultaneously helping participating farmers identify and improve cashew and coffee quality and consistency.

Competitive Landscape

Biggies Revolutionizing the Cashew Roasting Machine Landscape with Strategic Initiatives

Due to the existence of numerous international and regional companies, the market for cashew roasting machines is very competitive. To strengthen their position in the market, major players are implementing a variety of methods, including product portfolio growth and regional development. Leading market players are adopting various business strategies, such as mergers and acquisitions, to expand their geographic presence and consumer base across the world.

New Zealand-based Kaffelogic is bringing its flagship small coffee roaster, the Nano 7, to the USA market this Spring. Designed for both home users and professional sample roasting applications, the Nano 7 electric fluid-bed roaster will come to the USA following an IndieGoGo crowdfunding campaign in the upcoming months.

German roaster manufacturer Probat this week launched an all-electric, small-capacity model called the P01, which is replacing the gas-powered Probatino as the company expands its line-up of P Series shop roasters. The 1-kilo-capacity P01 is designed for sample roasting and recipe development. While it departs from Probation through a number of features, it maintains the goal of mimicking and predicting the performances of Probat’s larger production models. The P01 includes the same web-based software controls and automation features found on the larger P Series machines, including the recently introduced electric PO5 E roaster.

Another key player EKO Nut Roasting Machines offers cashew roasting machines for small, medium-sized, and big manufacturers. They specialize in air-roast and facilitate hot air circulation roasting in 2 and more rooms with the possibility of temperature adjusting to obtain cashew an amazing taste and also roasts.

Recent Developments

• In January 2020, Nestle launched its Roastelier, a countertop roaster trudging into the smallest commercial roasting category, giving customers easy access to the roasting production process.
• In 2018, JAB Holding Company (parent company of Jacobs Douwe Egberts.) acquired around 30 brands.
• in August 2019, Bolster Investment Partners acquired majority stakes in Giesen Coffee and Cashew Roasting machines.

Some of the key players proliferating in the market are

• Roaster And Roaster
• San Franciscan Roaster Co. Inc.
• Scolari Engineering S.p.A.
• Toper Roaster
• US Roaster Corp
• Mill City Roasters, LLC.
• Genio Roasters
• Bühler Holding AG

Key Segments in the Cashew Roasting Machine Market

By Machine Type:

• Automatic
• Semi-automatic

By Roasting Machine Type:

• Batch Type Roasting Machine
• Continuous Tunnel Type Roasting Machine

By Capacity:

• Up to 100kg/hour
• 100-2022kg/hour
• 200-300 kg/hour
• Above 300 kg/hour

By Region:

• North America
• Latin America
• Asia Pacific
• Middle East and Africa (MEA)
• Europe

Frequently Asked Questions

What is the Growth Outlook for the Cashew Roasting Machine Market?

The growth outlook for the cashew roasting machine market is predicted to advance at a CAGR of 3.9% from 2023 to 2033.

Which Region Leads the Cashew Roasting Machine Market?

The North American region is anticipated to lead the cashew roasting machine market during the forecast period.

What is the market valuation of the Cashew Roasting Machine in 2023?

The market valuation of the cashew roasting machine market stands at USD 169.7 million in 2023.

How much Growth Potential does the Cashew Roasting Machine hold?

The cashew roasting machine market is likely to hold a valuation of USD 284.3 million by 2033.

Which sector is the key driver in the Cashew Roasting Machine Market?

The restaurant sector is the key driver in the cashew roasting machine market.