The Macadamia Nut Market Size was esteemed at USD 1.14 billion out of 2022 and is supposed to arrive at USD 3.73 billion by 2030, and develop at a CAGR of 15.9% over the forecast period 2023-2030.
The product of the macadamia tree, which has a place with the Proteaceae family's class macadamia, will be macadamia nuts. Just three species, Macadamia integrifolia, Macadamia ternifolia, and Macadamia tetraphylla, are monetarily significant. Macadamia nuts are local to Australia, even though they are presently cultivated everywhere.
New macadamia parts can be eaten, cooked with, or handled into an assortment of items. Well-known flavors incorporate cooked, simmered, and salted, chocolate covered, honey-broiled, and wasabi-seasoned. They are likewise squashed into glue and cold-squeezed to make oil, which is utilized in bread rolls, cakes, and frozen yogurt. Oil-stewed macadamia nut pieces are popular; notwithstanding, dry-seared nuts are leaned toward on the grounds that they contain solely endogenous macadamia oil.
Natural macadamia is turning out to be more famous, with requests principally coming from European nations. Handled macadamia nuts' far-reaching use in a few modern classes, like the food and drink industry and the beauty care products and individual consideration industry, is additionally helping their worldwide piece of the pie. The world's biggest macadamia-delivering locales are Australia, Hawaii in the United States, and South Africa.
On the utilization side, natural macadamia is acquiring fame, with expanding requests coming significantly from the European nations. The wide utilization of handled macadamia in various modern portions, like the food and refreshment and beauty care products and individual consideration enterprises, is additionally enlarging the development of these nuts in the worldwide market.
Driving Factors:
Expansion in the interest of macadamia in the restorative business.
Developing mindfulness in regards to the advantages of nuts and dried organic products.
Restraining Factors:
The significant expense of macadamia nuts.
Opportunities:
The developing number of government drives.
Broad utilization of handled macadamia nuts.
Challenges:
Changes in the stockpile.
The COVID-19 pandemic effect has been negligible on the macadamia market. The macadamia creation, request, and store network have stayed consistent during the worldwide lockdown. Luckily, South Africa's macadamia industry got next to zero effect from the worldwide COVID-19 pandemic as product markets stayed open and cost light, even though commodity to China was seriously impacted. Most nut ranchers and processors in South Africa had presented rigid well-being and security measures to shield staff and families from becoming tainted with the infection.
In light of Processing, the market is divided into Conventional and Organic. The interest in conventional macadamia nuts is filling because of the adjustment of the purchaser’s inclination toward solid snacks across the world. Barring snacks, nuts have found their applications in food things like frozen yogurt fixings, margarine, and spreads. Furthermore, the rising pattern of veganism is expected to help the development of the market, this is because macadamia nuts are an immediate wellspring of plant-based protein.
Product Type:
In light of Product, the market is divided into Raw, Roasted, and Coated. The crude macadamia nut section obtained the biggest piece of the pie. There is an increment seen in the reception of macadamia nuts as they offer advantages that assist the purchaser with remaining solid. Macadamia contains a high-fat substance that has become well known across the world.
Distribution Channel:
In light of the Distribution Channel, the market is divided into Offline and Online. The web-based fragment is expected to show the quickest CAGR during the anticipating time frame. Moreover, web-based business gateways offer different worth-added administrations to the clients like money down, cash-backs, and limited costs. Accordingly, these variables are expected to fuel the development of the web-based fragment during the figure time frame.
By Processing type:
Conventional
Organic
By Product type:
Raw
Roasted
Coated
By Distribution Channel:
Online
Offline
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North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Global Macadamia Market given the geography can be additionally portioned into North America, Asia-Pacific, Europe, and the Rest of the World (ROW). Asia-Pacific held the biggest offer. The development in this fragment is attributable to the variables, for example, developing tendency towards better ways of life, expansion in the utilization of macadamia in nations like China, Japan, and South Korea, and developing interest in normal items. The developing interest for macadamia in the corrective business in the locale is driving the development of the market. Europe is assessed to be the quickest developing section attributable to the elements.
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, Mac's Nut Co. of Hawaii.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 1.14 billion |
| Market Size by 2030 | US$ 3.73 Billion |
| CAGR | CAGR 15.9% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Processing (Conventional, Organic) • by Product (Raw, Coated, Roasted) • by Distribution Channel (Offline, Online) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, +D11UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | 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, Mac's Nut Co. of Hawaii |
| Key Drivers | •Expansion in the interest of macadamia in the restorative business. •Developing mindfulness in regards to the advantages of nuts and dried organic products. |
| Market Challenges: | •Changes in the stockpile. |
Ans: Processing Type, Product Type, and Distribution Channel segments are covered in the Macadamia Nut Market.
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: The Asia-Pacific has the biggest offer in the Macadamia Nut market.
Ans: The significant expense of macadamia nuts and Changes in the stockpile are the restraining factors and challenges faced by the Macadamia Nut market.
Ans: The Global Macadamia Nut Market Size is supposed to arrive at USD 2.8 billion by 2028, and develop at a CAGR of 15.9% over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Macadamia Nut Market segmentation, Processing type:
8.1 Conventional
8.2 Organic
9. Global Macadamia Nut Market segmentation, Product type:
9.1 Raw
9.2 Roasted
9.3 Coated
10. Global Macadamia Nut Market segmentation, Distribution Channel:
10.1 Online
10.2 Offline
11. Global Macadamia Nut Market, by region/ country
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company profiles
12.1 Hawaiian Host Group
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Health, and Plant Protein Group Limited
12.3 Superior Nut Company, Inc.
12.4 Hamakua Macadamia Nut Company
12.5 North Shore Macadamia Nut Company
12.6 T.M. Ward Coffee Company
12.7 Makua Coffee
12.8 Macadamia.US
12.9 Mac's Nut Co. of Hawaii
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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