Macadamia Market - Global Industry Analysis

Global Macadamia Market By Processing Outlook (Conventional and Organic), By Product Outlook (Raw, Roasted, and Coated), By Distribution Channel Outlook (Online and Offline). and By Region – Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022-2028

Published Date: 11-May-2022 Category: Food & Beverage Report Format : PDF Pages: 172 Report Code: ZMR-2195 Status : Published

The global macadamia market was worth around USD 1129.5 million in 2021 and is estimated to grow to about USD 2101.239287 million by 2028, with a compound annual growth rate (CAGR) of approximately 10.9 percent over the forecast period.

Description

Industry Prospective:

The global macadamia market was worth around USD 1129.5 million in 2021 and is estimated to grow to about USD 2101.239287 million by 2028, with a compound annual growth rate (CAGR) of approximately 10.9 percent over the forecast period. The report analyzes the digital remittance market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the digital remittance market.

Macadamia Market: Overview

Macadamia is an Australian rainforest tree with slender, glossy evergreen leaves and globular edible nuts. The macadamia trees mainly produce macadamia nuts recognized by different names such as Queensland nut, bush nut, maroochi nut, bauple nut, and Hawaii nut. They are round and have a leathery and thick husk that splits alongside during the ripening process. Macadamia nuts are reaped mechanically or gathered from the ground in different stages throughout the entire year, depending on the country of origin. Because flowering occurs over several months, macadamia nuts mature and drop to the ground over an extended period, so they must be harvested regularly. The macadamia nuts are consumed as a snack, breakfast topping, in the salad, roasted, salted, raw, and processed products. The use of macadamia nuts in various breakfast and dietary recipes is also increasing due to the high nutritional quotient of the nuts. The largest producers of macadamia nuts are Australia and South Africa, followed by China, Kenya, the USA (Hawaii), Guatemala, Vietnam, and Malawi.

COVID-19 Impact:

The COVID-19 pandemic has impacted the export and import of the macadamia market due to the trade restrictions implemented in several countries. The global supply chain of macadamia nuts and its products has been disrupted due to the lockdown scenario as well as the import duties implemented by China on South African macadamia have created constraints in the market. It is anticipated that the global macadamia nuts market will experience a slow growth rate owing to the country lockdown imposed in Australia. As Australia is the main producer of macadamia nuts, the manufacturers will face the challenges while exporting the macadamia nuts across the globe. After the situation gets better, and the widespread coronavirus stops, the global macadamia nuts market will have increased demand and will have a stringent growth rate over the next couple of years.

Global Macadamia Market

Macadamia Market: Growth Drivers

Growing awareness regarding the benefits of nuts and dried fruits

The growing awareness about the benefits of macadamia nuts is one of the major factors driving the growth of the market. Macadamia is a rich source of numerous essential nutrients and is also known to lower heart disease risks, which is making the customers attracted to macadamia nuts.

Macadamia Market: Restraints

Adverse climatic conditions

Climatic conditions suitable for macadamia production may limit its growth to certain parts, thereby, restricting the macadamia market. Higher day temperatures of more than 30 degrees Celsius have already been linked to excessive water loss from the macadamia plants. Such moisture losses result in a disproportional supply of nutrients within the macadamia nut, limiting oil buildup and negatively affecting the nut quality.

Macadamia Market: Segmentation

The global macadamia market is segregated based on Processing Outlook, Product Outlook, and Distribution Channel Outlook.

By Processing Outlook, the global market is distinguished into Conventional and Organic. The conventional segment led the market and accounted for a share of more than 80 percent. These macadamia nuts are budget-friendly for consumers and more readily available in comparison to their organic counterparts. Most small-scale domestic players produce conventional macadamia nuts, and their dominance can be seen on the shelves of supermarkets and hypermarkets. The shifting consumer preference toward healthier snacking options has been boosting the demand for conventional macadamia nuts globally.

By Product Outlook, the global market is segregated into Raw, Roasted, and Coated. Raw macadamia nut is expected to dominate the market in the forecast period. The health benefits associated with macadamia nuts are boosting their widespread adoption. Because of their high-fat content, macadamias have become increasingly popular. Macadamia nuts have the highest fat content of any nut, which is why they were once thought to be unhealthy. In actuality, the bulk of that fat is cholesterol-free and contains palmitoleic acid, which can assist your body to maintain proper insulin levels and improve your metabolism.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Regional Landscape

The Asia Pacific dominated the market and held a share of more than 40%. The growing awareness of diets rich in nutrients and protein, along with the rising inclusion of tree nuts in diets across the Asia Pacific region, is expected to drive the Asia Pacific market. In the Asia Pacific region, Australia has been the largest producer of the macadamia market. The Australian macadamia crop has grown steadily since 2015, driven largely by sustained investment in productivity improvements. therefore, doubling the export of tree nuts. Moreover, the rising awareness about healthy eating, dieting, and working out are factors that contribute to the growth of this market. A hindrance to this growth could be the increasing westernization of local culture that calls for fast lifestyles and an unhealthy focus on work by individuals. North America held the second-largest share. Tree nut consumption in North America accounted for more than 20% of global tree nut consumption. It is followed by Europe which is the second-largest importer of macadamia nut kernels.

Competitive Landscape

Some of the main competitors dominating the global macadamia market include – Hawaiian Host Group; Health and Plant Protein Group Limited; Superior Nut Company, Inc.; Hamakua Macadamia Nut Company; North Shore Macadamia Nut Company; T.M. Ward Coffee Company; Makua Coffee; Macadamia.US; and Mac's Nut Co. of Hawaii.

Global private macadamia market is segmented as follows:

By Processing Outlook

  • Conventional
  • Organic

By Product Outlook

  • Raw
  • Roasted
  • Coated

By Distribution Channel Outlook

  • Online
  • Offline

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Macadamia Market, (2022 - 2028) (USD Million)
    • 2.2 Global Macadamia Market : snapshot
  • Chapter 3. Global Macadamia Market - Industry Analysis
    • 3.1 Macadamia Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing awareness regarding the benefits of nuts and dried fruits
    • 3.3 Market Restraints
      • 3.3.1. Adverse climatic conditions
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Processing Outlook
      • 3.7.2 Market attractiveness analysis By Product Outlook
      • 3.7.3 Market attractiveness analysis By Distribution Channel Outlook
  • Chapter 4. Global Macadamia Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Macadamia Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Macadamia Market - Processing Outlook Analysis
    • 5.1 Global Macadamia Market overview: By Processing Outlook
      • 5.1.1 Global Macadamia Market share, By Processing Outlook, 2021 and 2028
    • 5.2 Conventional
      • 5.2.1 Global Macadamia Market by Conventional, 2022 - 2028 (USD Million)
    • 5.3 Organic
      • 5.3.1 Global Macadamia Market by Organic, 2022 - 2028 (USD Million)
  • Chapter 6. Global Macadamia Market - Product Outlook Analysis
    • 6.1 Global Macadamia Market overview: By Product Outlook
      • 6.1.1 Global Macadamia Market share, By Product Outlook, 2021 and 2028
    • 6.2 Raw
      • 6.2.1 Global Macadamia Market by Raw, 2022 - 2028 (USD Million)
    • 6.3 Roasted
      • 6.3.1 Global Macadamia Market by Roasted, 2022 - 2028 (USD Million)
    • 6.4 Coated
      • 6.4.1 Global Macadamia Market by Coated, 2022 - 2028 (USD Million)
  • Chapter 7. Global Macadamia Market - Distribution Channel Outlook Analysis
    • 7.1 Global Macadamia Market overview: By Distribution Channel Outlook
      • 7.1.1 Global Macadamia Market share, By Distribution Channel Outlook, 2021 and 2028
    • 7.2 Online
      • 7.2.1 Global Macadamia Market by Online, 2022 - 2028 (USD Million)
    • 7.3 Offline
      • 7.3.1 Global Macadamia Market by Offline, 2022 - 2028 (USD Million)
  • Chapter 8. Macadamia Market - Regional Analysis
    • 8.1 Global Macadamia Market Regional Overview
    • 8.2 Global Macadamia Market Share, by Region, 2021 & 2028 (USD Million)
    • 8.3. North America
      • 8.3.1 North America Macadamia Market, 2022 - 2028 (USD Million)
        • 8.3.1.1 North America Macadamia Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 North America Macadamia Market, by Processing Outlook, 2022 - 2028
      • 8.4.1 North America Macadamia Market, by Processing Outlook, 2022 - 2028 (USD Million)
    • 8.5 North America Macadamia Market, by Product Outlook, 2022 - 2028
      • 8.5.1 North America Macadamia Market, by Product Outlook, 2022 - 2028 (USD Million)
    • 8.6 North America Macadamia Market, by Distribution Channel Outlook, 2022 - 2028
      • 8.6.1 North America Macadamia Market, by Distribution Channel Outlook, 2022 - 2028 (USD Million)
    • 8.4. Europe
      • 8.4.2 Europe Macadamia Market, 2022 - 2028 (USD Million)
        • 8.4.2.1 Europe Macadamia Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 Europe Macadamia Market, by Processing Outlook, 2022 - 2028
      • 8.4.1 Europe Macadamia Market, by Processing Outlook, 2022 - 2028 (USD Million)
    • 8.5 Europe Macadamia Market, by Product Outlook, 2022 - 2028
      • 8.5.1 Europe Macadamia Market, by Product Outlook, 2022 - 2028 (USD Million)
    • 8.6 Europe Macadamia Market, by Distribution Channel Outlook, 2022 - 2028
      • 8.6.1 Europe Macadamia Market, by Distribution Channel Outlook, 2022 - 2028 (USD Million)
    • 8.5. Asia Pacific
      • 8.5.3 Asia Pacific Macadamia Market, 2022 - 2028 (USD Million)
        • 8.5.3.1 Asia Pacific Macadamia Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 Asia Pacific Macadamia Market, by Processing Outlook, 2022 - 2028
      • 8.4.1 Asia Pacific Macadamia Market, by Processing Outlook, 2022 - 2028 (USD Million)
    • 8.5 Asia Pacific Macadamia Market, by Product Outlook, 2022 - 2028
      • 8.5.1 Asia Pacific Macadamia Market, by Product Outlook, 2022 - 2028 (USD Million)
    • 8.6 Asia Pacific Macadamia Market, by Distribution Channel Outlook, 2022 - 2028
      • 8.6.1 Asia Pacific Macadamia Market, by Distribution Channel Outlook, 2022 - 2028 (USD Million)
    • 8.6. Latin America
      • 8.6.4 Latin America Macadamia Market, 2022 - 2028 (USD Million)
        • 8.6.4.1 Latin America Macadamia Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 Latin America Macadamia Market, by Processing Outlook, 2022 - 2028
      • 8.4.1 Latin America Macadamia Market, by Processing Outlook, 2022 - 2028 (USD Million)
    • 8.5 Latin America Macadamia Market, by Product Outlook, 2022 - 2028
      • 8.5.1 Latin America Macadamia Market, by Product Outlook, 2022 - 2028 (USD Million)
    • 8.6 Latin America Macadamia Market, by Distribution Channel Outlook, 2022 - 2028
      • 8.6.1 Latin America Macadamia Market, by Distribution Channel Outlook, 2022 - 2028 (USD Million)
    • 8.7. The Middle-East and Africa
      • 8.7.5 The Middle-East and Africa Macadamia Market, 2022 - 2028 (USD Million)
        • 8.7.5.1 The Middle-East and Africa Macadamia Market, by Country, 2022 - 2028 (USD Million)
    • 8.4 The Middle-East and Africa Macadamia Market, by Processing Outlook, 2022 - 2028
      • 8.4.1 The Middle-East and Africa Macadamia Market, by Processing Outlook, 2022 - 2028 (USD Million)
    • 8.5 The Middle-East and Africa Macadamia Market, by Product Outlook, 2022 - 2028
      • 8.5.1 The Middle-East and Africa Macadamia Market, by Product Outlook, 2022 - 2028 (USD Million)
    • 8.6 The Middle-East and Africa Macadamia Market, by Distribution Channel Outlook, 2022 - 2028
      • 8.6.1 The Middle-East and Africa Macadamia Market, by Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 Hawaiian Host Group
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Health and Plant Protein Group Limited
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Superior Nut Company, Inc.
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Hamakua Macadamia Nut Company
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 North Shore Macadamia Nut Company
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 T.M. Ward Coffee Company
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Makua Coffee
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Macadamia.US
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Mac's Nut Co. of Hawaii.
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Macadamia Market, 2022 - 2028 (USD Million)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Macadamia Market attractiveness, By Processing Outlook
  • 6. Global Macadamia Market attractiveness, By Product Outlook
  • 7. Global Macadamia Market attractiveness, By Distribution Channel Outlook
  • 8. Global Macadamia Market share by Processing Outlook, 2022 and 2028 (USD Million)
  • 9. Global Macadamia Market by Conventional, 2022 - 2028 (USD Million)
  • 10. Global Macadamia Market by Organic, 2022 - 2028 (USD Million)
  • 11. Global Macadamia Market share by Product Outlook, 2022 and 2028 (USD Million)
  • 12. Global Macadamia Market by Raw, 2022 - 2028 (USD Million)
  • 13. Global Macadamia Market by Roasted, 2022 - 2028 (USD Million)
  • 14. Global Macadamia Market by Coated, 2022 - 2028 (USD Million)
  • 15. Global Macadamia Market share by Distribution Channel Outlook, 2022 and 2028 (USD Million)
  • 16. Global Macadamia Market by Online, 2022 - 2028 (USD Million)
  • 17. Global Macadamia Market by Offline, 2022 - 2028 (USD Million)
  • 18. Global Macadamia Market share, by Region, 2022 and 2028
  • 19. North America Macadamia Market, 2022 - 2028 (USD Million)
  • 20. Europe Macadamia Market, 2022 - 2028 (USD Million)
  • 21. Asia Pacific Macadamia Market, 2022 - 2028 (USD Million)
  • 22. Latin America Macadamia Market, 2022 - 2028 (USD Million)
  • 23. The Middle-East and Africa Macadamia Market, 2022 - 2028 (USD Million)

Table Of Tables

  • 1. Global Macadamia Market: Snapshot
  • 2. Drivers of the Macadamia Market: impact analysis
  • 3. North America Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 4. North America Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 5. North America Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 6. U.S. Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 7. U.S. Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 8. U.S. Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 9. Canada Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 10. Canada Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 11. Canada Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 12. Europe Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 13. Europe Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 14. Europe Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 15. Germany Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 16. Germany Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 17. Germany Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 18. France Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 19. France Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 20. France Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 21. U.K. Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 22. U.K. Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 23. U.K. Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 24. Italy Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 25. Italy Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 26. Italy Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 27. Spain Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 28. Spain Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 29. Spain Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 30. Rest of Europe Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 31. Rest of Europe Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 32. Rest of Europe Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 33. Asia Pacific Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 34. Asia Pacific Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 35. Asia Pacific Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 36. China Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 37. China Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 38. China Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 39. Japan Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 40. Japan Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 41. Japan Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 42. India Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 43. India Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 44. India Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 45. South Korea Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 46. South Korea Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 47. South Korea Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 48. South-East Asia Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 49. South-East Asia Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 50. South-East Asia Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 51. Rest of Asia Pacific Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 52. Rest of Asia Pacific Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 53. Rest of Asia Pacific Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 54. Latin America Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 55. Latin America Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 56. Latin America Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 57. Brazil Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 58. Brazil Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 59. Brazil Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 60. Mexico Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 61. Mexico Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 62. Mexico Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 63. Rest of Latin America Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 64. Rest of Latin America Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 65. Rest of Latin America Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 66. The Middle-East and Africa Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 67. The Middle-East and Africa Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 68. The Middle-East and Africa Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 69. GCC Countries Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 70. GCC Countries Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 71. GCC Countries Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 72. South Africa Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 73. South Africa Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 74. South Africa Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)
  • 75. Rest of Middle-East Africa Macadamia Market revenue, By Processing Outlook, 2022 - 2028 (USD Million)
  • 76. Rest of Middle-East Africa Macadamia Market revenue, By Product Outlook, 2022 - 2028 (USD Million)
  • 77. Rest of Middle-East Africa Macadamia Market revenue, By Distribution Channel Outlook, 2022 - 2028 (USD Million)

Methodology

Free Analysis

Macadamia nuts are the fruits of macadamia tree which is native to eastern Australia. Macadamia nuts are round and shiny of approximate 1-inch diameter and have a leathery, thick husk that splits alongside during the ripening process. Macadamia is commercially produced in Hawaii. Once the macadamia nuts are matured they fall on the ground. The matured nuts are then machine-hulled, dried, and stored for processing.

Growing use of macadamia nuts in the confectionery products due to its nutritional values and rising demand for the macadamia in the skin products owing to its natural oil and vitamin content are the key factors that are expected to positively impact the global macadamia market. Moreover, the growing awareness among consumers about natural cosmetic ingredients and healthy food with high content of vitamins and minerals is expected to drive the demand for macadamia in the near future. However, fluctuation in supply due to increasing crop losses leads to rising prices, which is expected to restrain the growth of the macadamia market during the forecast period.

Global Macadamia Market

Based on the application, the macadamia market can be segmented into the food industry and cosmetic industry. Cosmetic industry segment accounted for larger market share. In cosmetic industry, macadamia is used as a natural ingredient to produce vitamin and mineral rich cosmetics. As macadamia possesses anti-inflammatory properties and high content of antioxidants, it is preferred by cosmetic manufacturers to produce a wide range of products for hair, skin, and body care. The food industry segment is expected to show substantial growth during the forecast period due to increased use of macadamia in the production of confectionery and bakery products such as ice creams, chocolates, cakes, and candies.

By geography, North America accounted for the largest chunk of market share in terms of revenue in 2016. The industry is expected to be driven by busy lifestyles. In terms of revenue, North America was followed by the Asia Pacific and Europe in 2017. Asia Pacific is expected to show significant growth in the years to come. This is mainly due to increasing demand for natural and organic cosmetics, brought on by the improved standard of living in countries such as China, Japan, and India, increasing the growth of the Macadamia market in North America.

The major market players in the global macadamia market gained a significant share of the market in 2017. Some of the leading companies have been investing in technological advancement, quality standard maintenance, and product innovation, in order to retain their existing customer base. Some of the primary players are Nambucca Macnuts Pty Ltd., Hamakua Macadamia Nut Company, MWT Foods Australia, Royal Macadamia (Pty) Ltd., Mauna Loa Macadamia Nut Corp., Kenya Nut Company Ltd., MacFarms, Wondaree Macadamias, and Golden Macadamias.

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FrequentlyAsked Questions

The growing awareness about the benefits of macadamia nuts is one of the major factors driving the growth of the market. Macadamia is a rich source of numerous essential nutrients and is also known to lower heart disease risks, which is making the customers attracted to macadamia nuts.

According to the Market Research report, the global macadamia market was worth around USD 1129.5 million in 2021 and is estimated to grow to about USD 2101.239287 million by 2028, with a compound annual growth rate (CAGR) of approximately 10.9 percent over the forecast period.

The Asia Pacific dominated the market and held a share of more than 40%. The growing awareness of diets rich in nutrients and protein, along with the rising inclusion of tree nuts in diets across the Asia Pacific region, is expected to drive the Asia Pacific market. In the Asia Pacific region, Australia has been the largest producer of the macadamia market. It is followed by North America and Europe.

Some of the main competitors dominating the global macadamia market include - Hawaiian Host Group; Health and Plant Protein Group Limited; Superior Nut Company, Inc.; Hamakua Macadamia Nut Company; North Shore Macadamia Nut Company; T.M. Ward Coffee Company; Makua Coffee; Macadamia.US; and Mac's Nut Co. of Hawaii.

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