Harrisburg, NC -- (SBWIRE) -- 08/07/2018 -- "Global Cashew Nut Processing Equipment Market 2018-2022" presents an in-depth assessment of the Cashew Nut Processing Equipment including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Cashew Nut Processing Equipment investments from 2018 till 2022.
Our analysts forecast the global cashew nut processing equipment market to grow at a CAGR of 5.31% during the period 2018-2022.
This report provides a detailed analysis of the Cashew Nut Processing Equipment market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
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Essential points covered in Global Cashew Nut Processing Equipment Market 2018 Research are:-
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the Global Cashew Nut Processing Equipment market?
- What are the key market trends impacting the growth of the Global Cashew Nut Processing Equipment market?
- What are the challenges to market growth?
- Who are the key vendors in the Global Cashew Nut Processing Equipment market?
- What are the market opportunities and threats faced by the vendors in the Global Cashew Nut Processing Equipment market?
- What are the key outcomes of the five forces analysis of the Global Cashew Nut Processing Equipment market?
This independent 129 pages report guarantees you will remain better informed than your competition. With over 70 tables and figures examining the Cashew Nut Processing Equipment market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2022.
Furthermore, the report provides a detailed analysis of the Global Cashew Nut Processing Equipment market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
The market is divided into the following segments based on geography: Americas, APAC, EMEA.
Companies Mentioned are: Bhler, Cashew Machine, KHUN MY VI_T, MK Tech, Muskaan Group, and Oltremare.
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MIR Announces the Publication of its Research Report: Global Cashew Nut Processing Equipment Market 2018-2022
Commenting on the report, an analyst from MIR's team said: The latest trend gaining momentum in the market is rise in foreign investments for cashew nut processing. The cashew nut processing industry is one of the major industries in emerging economies such as India, Brazil, Cte dIvoire, Vietnam, Nigeria, Thailand, and others. There is an abundant availability of raw cashew nuts in countries such as Cte dIvoire, Nigeria, and Benin. In November 2016, the Government of Cte dIvoire exempted the locally processed nuts from export duties. The aim of this move was to improve the cashew nut processing industry in the country. Owing to the enormous opportunities for the cashew industry in these countries, many foreign investors have been partnering with local entrepreneurs to set up plantations and processing factories in various countries. For instance, in August 2017, many Vietnamese companies announced their plans to invest in new cashew nut processing companies to revive idle processors in Tanzania. Companies are aiming to boost cashew nut production in areas such as Tanga, Lindi, and Mtwara in Tanzania.
According to the report, one of the major drivers for this market is Health benefits provided by cashew nuts. There has been an increase in the consumption of cashew nuts all over the world in processed as well as raw forms, owing to various health and nutritional benefits that they offer. Cashew nuts contain proteins, dietary fibers, and carbohydrates. Cashews are rich in dietary minerals, including manganese, copper, phosphorous, and magnesium. They also contain a significant amount of vitamins, iron, zinc, Increasing government support for cashew nut processing Health benefits provided by cashew nuts selenium, and potassium. Owing to these benefits, cashew nuts are consumed by many people in the form of snacks as well as used as an ingredient while cooking many dishes.
Further, the report states that one of the major factors hindering the growth of this market is High energy consumption. Increasing energy cost is one of the major concerns in the cashew nut processing industry. There is a significant amount of energy used as thermal and electrical energy during cashew nut processing. The most energy-intensive operations in cashew nut processing are drying and roasting of cashew nuts. These operations account for the major share of energy consumption. Drying of cashew nuts is carried out at temperatures of around 158_C-176C in a tray dryer for around 6-8 hours.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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