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Industrial Outlook of Cashew Kernel Market The Cashew kernel market is expected to grow at a compound annual growth rate of 4.27% over the forecast period to reach a market size of US$6.932 billion in 2025 from US$5.394 billion in 2019. Moreover, the use of cashew nuts as snacks, in breakfast cereals and for the production of various functional food is expected to further bolster the cashew kernel market.