Macadamia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Macadamia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • March 2022 •
  • 145 pages •
  • Report ID: 6247086 •
  • Format: PDF
The global macadamia market reached a value of US$ 1.53 Billion in 2021. Looking forward, the analyst expects the market to reach a value of US$ 2.78 Billion by 2027 exhibiting a CAGR of 10.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Macadamia refers to an edible, hard-shelled white nut, which is a genus of four species of indigenous trees present in Australia. Amongst these, only three species, namely, Macadamia ternifolia, integrifolia, and tetraphylla, are commercially important. It is a rich source of antioxidants, protein, fibers, and vitamins that aid in improving gut health, managing weight, and reducing the risk of various metabolic syndromes, including blood sugar, diabetes type 2, cholesterol, and heart ailments. On account of these properties, macadamia can be eaten, cooked with, and processed into a variety of products pertaining to different industrial segments. At present, it is commercially available in varying types, such as raw, coated, and roasted.

Macadamia Market Trends:
The increasing demand for macadamia as a healthy snack can be primarily attributed to the rising health consciousness and the growing awareness regarding its nutritional properties. This, in turn, represents one of the key factors currently driving the macadamia market growth. In line with this, favorable initiatives undertaken by governments of several countries for supporting macadamia production and trade in the agriculture sector through the employment of the latest methodologies is acting as another growth-inducing factor. Moreover, the extensive utilization of macadamia in the food and beverages (F&B) sector for manufacturing confectionery items, including pastries, biscuits, and ice creams is also contributing to the market growth. Along with this, they can be cold pressed to produce oil, which can further be incorporated into the formulation of various cosmetics and skincare products. Apart from this, the launch of macadamia nuts in innovative flavors, such as roasted, salted, honey-roasted, wasabi-flavored, and chocolate-coated, is further aiding companies in extending their existing product portfolios and reach, which is creating a positive outlook for the market.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global macadamia market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on 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

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Key Questions Answered in This Report:
How has the global macadamia market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global macadamia market?
What are the key regional markets?
What is the breakup of the market based on the nature?
What is the breakup of the market based on the form?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the industry vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global macadamia market and who are the key players?
What is the degree of competition in the industry?