The cashew is a resilient and fast-growing evergreen tree that can grow to a height of 20 m (60 ft).The cashew nut is a popular dessert nut, eaten out of hand, with other mixed nuts and used in baking and confections. Sixty percent of cashews are consumed as salted nuts. It is also made into cashew butter and nut milk. The nut is high in protein, oil and also vitamins, especially thiamin. The nut makeup is 47% fat, 21% protein, and 22% carbohydrate.
Three main cashew products are traded on the international market: raw nuts, cashew kernels and cashew nut shell liquid (CNSL). A fourth product, the cashew apple is generally processed and consumed locally. The raw cashew nut is the main commercial product of the cashew tree, though yields of the cashew apple are eight to ten times the weight of the raw nuts. Raw nuts are either exported or processed prior to export. Processing of the raw nuts releases the by-product CNSL that has industrial and medicinal applications.The liquid inside the shell (CNSL) represents 15 percent of the gross weight and has some attractive possible medicinal and industrial uses. CNSL is one of the few natural resins that is highly heat resistant and is used in braking systems and in paint manufacture.
Cashew has gained significant social importance in India as a major foreign exchange earner bringing in foreign exchange of around US$ 500 million per annum. Cashew kernels are a high value luxury commodity with sales growing at a steady rate of 7% each year and there is every likely hood that the market will continue to remain strong.The Cashew Export Promotion Council of India (CEPCI) works to promote the export of cashew kernels and CNSL.
As a whole it is a good project for new entrepreneurs to invest
Few Indian Major Players are as under
• Amigo Exports Ltd.
• M A C Agro Inds. Ltd.
• M P S Food Products Ltd.
• Maiam Global Foods Ltd.
• Nature Bio-Foods Ltd.
• Olam Agro India Pvt. Ltd.
• Padmavathi Cashews & Coffee Ltd.
• Patel Food Product Ltd.
• Pioneer Cashew Inds. Ltd.
• Tropical Foods Ltd
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