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Home / Nigeria / IPRFZ / Cashew

Nigeria | IPRFZ

Cashew opportunity

Nigeria is the world's largest producer of raw cashew nuts, yet it exports a significant portion unprocessed. This presents a golden opportunity for investors in cashew processing facilities within the IPR zone.

Cashew by-product markets

Cashew Kernel

Cashew Value-Add (Salted, Roasted, Flavoured)

Cashew Milk

Cashew Powder

Cashew Peels, Testa or Husk

Cashew Livestock Feed

CNSL Oil (Cashew Nut Shell Liquid)

Cashew Charcoal

Cashew Dust Fuel

Cashew Shell Cakes

Cashew Business in IPR, Nigeria: Key Advantages For Investors

Nigeria's Cashew Dominance: Nigeria produces over [Specific Cashew Production tonnage] annually, accounting for a significant share of the global market.
Limited Processing Capacity: Despite being a major producer, Nigeria lacks sufficient domestic processing capacity, leading to a reliance on exports of raw cashews.
Growing Global Demand: The global demand for processed cashew kernels is projected to rise steadily due to increasing health consciousness and disposable income.
Increased Profitability: Processing cashews domestically adds significant value compared to exporting raw nuts. Investors can benefit from higher margins in the global cashew kernel market.
Export Potential: Processed cashew kernels from IPR zones can cater to the growing global demand, leveraging Nigeria's existing trade partnerships and proximity to international markets.