ARTICLE 4 #AgriBusiness

A related Index Box report focused on the broader Asia-Pacific region forecasts the wheat bran market to reach 58 million tons in volume and $14.6 billion in value by 2035 (slightly different regional scope).

the development underscores the need for India to focus on quality differentiation, branding, and value-added spice products. Market analysts suggest that India still holds significant advantages, including established trade relationships, diverse spice varieties, and a strong reputation for quality.

Africa’s dominance in cashew production makes it a key player in global food supply chains. Any changes in production levels, climate conditions, or trade policies across the continent can significantly influence global cashew prices and availability.

This trend is further supported by the expansion of online retail and premium food segments across Asia-Pacific. However, the industry also faces challenges. Southeast Asia remains heavily dependent on raw cashew imports from Africa, making it vulnerable to supply chain disruptions and rising logistics costs. Recent reports indicate that higher shipping costs and geopolitical tensions could impact export margins in 2026.

The rise of e-commerce platforms has also made a wide variety of spices more accessible to both domestic and international consumers. Moreover, Southeast Asian cuisine is gaining popularity worldwide, contributing to rising exports and global demand for authentic flavors. As a result, the region is not only strengthening its position as a major consumer market but also as a key supplier in the global spices trade.

The expanding middle class and urban population are further accelerating this shift toward protein-rich, plant-based diets. Health concerns are also playing a major role. Rising cases of lifestyle diseases such as obesity, diabetes, and heart conditions have encouraged people to adopt healthier eating habits.