Macadamia Market is Expected to Generate US$ 2.78 Billion by 2027 | With Growth Rate CAGR of 10.10%

November 01 19:42 2022
Macadamia Market is Expected to Generate US$ 2.78 Billion by 2027 | With Growth Rate CAGR of 10.10%
Macadamia Market Report 2022-2027
The global macadamia market 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.

According to the global macadamia market report by IMARC Group, the market reached a value of US$ 1.53 Billion in 2021, and it is projected to reach a value of US$ 2.78 Billion by 2027, exhibiting a CAGR of 10.10% during 2022-2027.

What is Macadamia? How Big is Macadamia Market?

Macadamia refers to hard-shelled white edible nut, a genus of four species of Australia’s indigenous trees. Its three commercially essential species include macadamia ternifolia, integrifolia, and tetraphylla. It assists in managing weight, improving gut health, and reducing the risk of metabolic syndromes, including type 2 diabetes, cholesterol, blood sugar, and heart ailments. It is a rich source of protein, fiber, antioxidants, and vitamins. It can be cooked with, directly eaten, and processed into numerous products for various industrial sectors. At present, macadamia is widely available in different types, such as raw, coated, and roasted, in the market.

Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/macadamia-market/requestsample

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Macadamia Market Trends and Drivers:

The global macadamia market is primarily driven by the increasing awareness regarding its nutritional properties and the rising health consciousness among consumers. Moreover, several favorable initiatives by governments of various countries to support trade in the agriculture sector using innovative methodologies and enhance macadamia production are positively influencing market growth.

Besides this, the launch of macadamia in exotic flavors, such as honey-roasted, roasted, salted, wasabi-flavored, and chocolate-coated, by key players to expand their product portfolio is another major growth-inducing factor. Additionally, the increasing use of macadamia for manufacturing foods and confectionery items, including biscuits, pastries, and ice creams, has catalyzed market growth.

Furthermore, the surging adoption of cold pressed macadamia to produce oil for the formulation of various cosmetic and skincare products has augmented the product demand. Other factors, including the increasing demand for healthy snacks, rising adoption of healthy lifestyles, and inflating consumer disposable incomes, are also anticipated to create a favorable market outlook.

Macadamia Market Report Scope

Report Coverage

Details

Market size value in 2021

US$ 1.53 Billion

Market forecast in 2027

US$ 2.78 Billion

Growth Rate

CAGR of 10.10% from 2022 to 2027

Base year for estimation

2021

Historical data

2016-2021

Forecast period

2022-2027

 

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 (NYSE: ADM)

Golden Macadamias (Golden Macadamias)

Hamakua Macadamia Nut Company

Health and Plant Protein Group Limited (ASX: HPP)

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.

Wondaree Macadamia Nuts

Explore Report Description with TOC & List of Figure: https://www.imarcgroup.com/macadamia-market

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

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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.

Browse More Trending Industry Research Reports (Book Now With 10% Discount + COVID-19 Scenario):

India Probiotics Market by Product Type, by Distribution Channel, Opportunity Analysis and Industry Forecast, 2022-2027

India Probiotic Drinks Market by Product Type, by Flavor, by Packaging Type, by Distribution Channel, Opportunity Analysis and Industry Forecast, 2022-2027

Cloud Kitchen Market by Type, by Product Type, by Nature, Global Opportunity Analysis and Industry Forecast, 2022-2027

United States Casein Market by Product Type, by End Use, Opportunity Analysis and Industry Forecast, 2022-2027

India Casein Market by Product Type, by End Use, Opportunity Analysis and Industry Forecast, 2022-2027

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com