Top 5 Cashew-Nut Based Business Opportunities. Profitable Cashew Nut Processing Industry
The cashew nut industry presents lucrative business opportunities due to its diverse applications and growing global demand. Cashew nuts are not only a popular snack but also a valuable ingredient in various food products, cosmetics, and industrial applications. Establishing a cashew nut processing unit can be highly profitable, considering India's leading position in cashew nut production and export. Additionally, ventures like cashew apple by-products manufacturing and CSNL (Cashew Nut Shell Liquid) processing offer significant potential for small-scale industries. Investing in the top 5 cashew-nut based business opportunities can lead to substantial returns, backed by the expert guidance from NPCS.
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The expert team of NPCS, with a finely defined plan guarantees higher returns. We offer all the essential information required for the project.
Cashew-nut is of global worth and the table below highlights the summary of the various applications of cashew products and its by-products:
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Components
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Weight
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Applications
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Raw Cashew Nuts
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15%
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Further processing is required.
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Cashew Kernels
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3.75%
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60% of the kernels are used as an ingredient in the snack food industry. 40% contribute to the confectionery sector.
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CSNL
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3.60%
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It is used as an ingredient in drugs, paper ink, cosmetics, textiles, paints manufacturing, and also in the treatment of dermatological ailments.
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Outer Shell
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7.5%
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Used as fuel. It is directly burnt as biomass or is used as a feedstock for gasification by transforming into briquettes.
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Testa/peel
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0.15%
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Natural antioxidant and useful resource in the leather manufacturing sector
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Cashew Apple
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75-85%
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Medical applications in treating diarrhea, pharyngitis, scurvy, and chronic dysentery. It is used as an ingredient in syrup, jam, chutney, juice, and beverage.
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The various by-products of cashew nuts that can be processed for commercialization as highlighted below:
ü Cashew Nut Processing Unit: The demand for cashew nuts is growing and is one of the significant agricultural properties exported from India to international countries. India is one of the leading countries in the manufacturing, processing, consumption, and exporting of cashew nuts. Hence, a cashew nut processing unit can be established at any location by taking into consideration the availability of raw materials. It can prove to be a profitable business on a small-scale level.
ü CSNL (Cashew Nut Shell Liquid): CSNL is a by-product of cashew nut with numerous applications. The nut comprises a shell of about 1-8 inch thickness, which is a soft honeycomb structure containing a viscous liquid of a dark reddish-brown color. CSNL has wide range of applicability in polymer-derived sectors and the manufacturing potential for the product is immense. Considering the sustaining scope and demand for CSNL within the country and internationally, there have been initiatives to encourage more Small Scale Industries (SSI) in this segment.
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ü Cashew Apple by-products manufacturing: Conventionally, several products are prepared from the cashew apple. It is tasty and of high nutritional value. Several value-added products such as fresh and fermented beverages, jams, pulp and juice, wine, biscuits, pudding, pickles, and confectioneries can be manufactured using cashew apples.
ü Cashew Kernel processing units: Raw cashew nuts are immediately processed after harvest, which tends to be significant to maintain its quality and properties. The drupes from the cashew apple are segregated and sun-dried. These raw products are processed and traded to extract cashew nut kernels. These kernels have been consumed as snack for centuries. And have been used as a major ingredient in the preparation of sweets, ice-creams, chocolates, and cookies.
ü Cashew Testa Processing Units: These processing units enable the removal of the intact testa (skin/husk) remaining on the nut, as well as processes and methods for preparing the same. The cashew testa comprises the condensed type of tannins offering a good scope for commercial manufacturing of tannin extract either independently or upon blending with myrobalan. Thus, the cashew tests have been ideally used as an agent in tannery and pigments.
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NPCS is one of the established brands in the industrial domain offering coherent technical consultations. Having explored the market for ‘Cashew based business opportunities in Orissa, venturing the same would gain higher returns!
Frequently Asked Questions
What are the top 5 cashew-nut based business opportunities?
The top 5 cashew-nut based business opportunities include cashew nut processing units, CSNL (Cashew Nut Shell Liquid) production, cashew apple by-products manufacturing, cashew kernel processing units, and cashew testa processing units.
How profitable is a cashew nut processing unit?
A cashew nut processing unit is highly profitable due to the growing demand for cashew nuts in both domestic and international markets. India’s significant role in global cashew production enhances the profitability of this venture.
What products can be made from cashew apples in the top 5 cashew-nut based business opportunities?
Products made from cashew apples include fresh and fermented beverages, jams, pulp and juice, wine, biscuits, pudding, pickles, and confectioneries. These value-added products add to the profitability of cashew apple by-products manufacturing.
What are the applications of CSNL in the top 5 cashew-nut based business opportunities?
CSNL (Cashew Nut Shell Liquid) has numerous applications in polymer-derived sectors and industries such as drugs, paper ink, cosmetics, textiles, and paints. Its diverse uses make it a valuable product in the cashew nut business.
How can NPCS help in setting up a cashew-nut based business?
NPCS provides comprehensive project reports, feasibility studies, and expert consultations to help entrepreneurs set up profitable cashew-nut based businesses. Their guidance ensures a well-defined plan and higher returns on investment.
