According to the latest report by IMARC Group, titled “Macadamia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global macadamia market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. 

The global macadamia market size reached a value of US$ 1.53 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.78 Billion by 2027 exhibiting a CAGR of 10.10% during 2022-2027.

Macadamia, also known as Queensland nut, is an edible, hard-shelled white nut with subtle sweetness, creamy texture, and a mild butter flavor. It is a genus of four species of indigenous trees, namely macadamia ternifolia, integrifolia, tetraphylla, and Jensenii, present in Australia. It is rich in protein, fibers, antioxidants, and vitamins which help to manage weight, enhance gut health, fight inflammation, minimize cellular damage, protect against cancer and brain diseases, and lower low-density lipoprotein (LDL) or bad cholesterol. As a result, macadamia is eaten and used in various products for different industrial segments, such as food and beverage (F&B), pharmaceuticals, personal care, and cosmetics industries across the globe.

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Macadamia Market Trends and Drivers:

The market is primarily driven by the expanding food and beverage (F&B) sector and the increasing use of macadamia for producing confectionery items, such as biscuits, ice creams, and pastries. In addition, the rising demand for macadamia as a healthy snack among health-conscious individuals and the growing awareness regarding its nutritional value are contributing to market growth.

For instance, the macadamia contains monounsaturated fat that reduces the risk of type 2 diabetes, blood sugar, and heart ailments. Moreover, governments of various countries are taking initiatives to support macadamia production and trade by using the latest methodologies, representing another major growth-inducing factor.

Besides this, the widespread adoption of macadamia to produce cold-pressed oil to formulate several cosmetics and skin care products is providing a positive thrust to the market growth. Furthermore, mergers and acquisitions amongst key players and the increasing popularity of organic plant-based protein sources among individuals are also creating a favorable market outlook across the globe.

Global Macadamia Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Macadamia Companies:

Archer-Daniels-Midland Company, Golden Macadamias, Hamakua Macadamia Nut Company, Health and Plant Protein Group Limited, Ivory Macadamias, Kenya Nut Company Ltd., Macadamia Processing Company, Mauna Loa Macadamia Nut Corporation, Mayo Macs, MWT Foods, Nambucca Macnuts Pty Ltd., Royal Macadamia (Pty) Ltd. and Wondaree Macadamia Nuts.

The report has segmented the market on the basis of region, nature, form, distribution channel and industry vertical.

Breakup by Nature:

  • Organic
  • Conventional

Breakup by Form:

  • Raw
  • Roasted
  • Coated

Breakup by Distribution Channel:

  • Online
  • Offline

Breakup by Industry Vertical:

  • Food and Beverages
  • Cosmetics
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

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 Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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