Cashew milk is a non-dairy and plant-based beverage obtained from processing cashews and water. It also incorporates other steps, such as soaking, drying, washing, extraction, sieving, filtration, cooling, and storage. Cashew milk is rich in vitamins, proteins, minerals, carbohydrates, magnesium, phosphorus, iron, potassium, zinc, and healthy fats, which assist in regulating blood sugar levels, boosting immunity, preventing the onset of cancer, and enhancing heart health. It has a creamy, rich consistency and is available in flavored and plain variants. As a result, it is widely used in coffee, hot chocolate, tea, sauces, ice cream, and other beverages to add texture and flavor. Currently, cashew milk is commercially available in various packaging solutions, such as cartons, pouches and bottles.
The global cashew milk market is primarily being driven by the rising health consciousness among the masses. Cashew milk is widely used as an alternative source of milk and its byproducts due to its nutritional properties, such as high protein and vitamin contents. In line with this, the widespread product adoption due to the rising incidences of high cholesterol and vitamin B2 and B12 deficiencies is facilitating the demand for low-fat dairy products, such as cashew milk, which is supporting the market growth. Apart from this, various product innovations, such as the introduction of organic and unsweetened cashew milk that is gluten-free, vegan, eco-friendly, and low in calorie due to the increasing prevalence of celiac diseases, diabetes, and other food allergies, are providing an impetus to the market growth. Other factors, including the increasing demand for plant-based products, rising environmental concerns, rapid expansion in the food processing industry, and continuous advancements in manufacturing technologies to enable the mass production of the product, are anticipated to drive the market further toward growth.
The report provides a techno-commercial roadmap for setting up a cashew milk manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the cashew milk industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the cashew milk industry.
The project report covers the following aspects of the cashew milk market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Cashew Milk Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Breakup by Segment
4.5 Market Breakup by Region
4.6 Price Trends
4.6.1 Raw Material Price Trends
4.6.2 Cashew Milk Price Trends
4.6.3 Product Margins
4.7 Market Forecast
5 Cashew Milk Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Cashew Milk Market: Major Drivers and Challenges
Figure 2: Global: Cashew Milk Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Cashew Milk Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Cashew Milk Market: Breakup by Segment (in %), 2021
Figure 5: Global: Cashew Milk Market: Breakup by Region (in %), 2021
Figure 6: Cashew Milk Raw Materials: Price Trends, 2016 & 2021
Figure 7: Cashew Milk: Price Trends, 2016 & 2021
Figure 8: Cashew Milk: Margins Across Various Stages of the Supply Chain
Figure 9: Cashew Milk Manufacturing Plant: Breakup of Costs
Figure 10: Cashew Milk Price Structure
Figure 11: Cashew Milk: Manufacturing Process Flow
Figure 12: Cashew Milk: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Cashew Milk Manufacturing Plant Layout
List of Tables
Table 1: Cashew Milk Manufacturing Plant: Raw Material Requirements
Table 2: Cashew Milk Manufacturing Plant: Project Planning
Table 3: Cashew Milk Manufacturing Plant: Phasing of Development
Table 4: Cashew Milk Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Cashew Milk Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Cashew Milk Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Cashew Milk Manufacturing Plant: Costs Related to Machinery
Table 8: Cashew Milk Manufacturing Plant: List of Machinery Suppliers
Table 9: Cashew Milk Manufacturing Plant: Costs Related to Raw Materials
Table 10: Cashew Milk Manufacturing Plant: List of Raw Material Suppliers
Table 11: Cashew Milk Manufacturing Plant: Costs Related to Packaging
Table 12: Cashew Milk Manufacturing Plant: Costs Related to Utilities
Table 13: Cashew Milk Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Cashew Milk Manufacturing Plant: Capital Costs
Table 15: Cashew Milk Manufacturing Plant: Operating Costs
Table 16: Cashew Milk Manufacturing Plant: Taxation
Table 17: Cashew Milk Manufacturing Plant: Depreciation
Table 18: Cashew Milk Manufacturing Plant: Income Projections
Table 19: Cashew Milk Manufacturing Plant: Expenditure Projections
Table 20: Cashew Milk Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Cashew Milk Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Cashew Milk Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Cashew Milk Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Cashew Milk Manufacturing Plant: Profit and Loss Account
Table 25: Cashew Milk Manufacturing Plant: Discount Factor Rate
Table 26: Cashew Milk Manufacturing Plant: Sensitivity Analysis
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