Macadamia Market Growth, Demand and Challenges of the Key Industry Players 2028

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Global Macadamia Market Research Report:

The latest report by IMARC, titled “ Macadamia Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-202 8

” finds that the global macadamia market size reached US$ 1.7 Billion in 2022.

Macadamia is an edible, hard-shelled nut, which is a genus of four species of indigenous trees in Australia. It is enriched with protein, antioxidants, fibers, and vitamins that improve gut health, manage weight, and reduce the risk of various metabolic syndromes, such as blood sugar, type 2 diabetes, cholesterol, and heart ailments.

It can also be eaten, cooked, and processed into a variety of products. In addition, it is commercially available in raw, coated, and roasted variants. As a result, macadamia is widely utilized in the food and beverage (F&B) and cosmetic industries and consumed as a snack by individuals across the globe.

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Global Macadamia Market Trends:

The market is primarily driven by the rising health consciousness among the masses and the escalating demand for macadamia as a healthy snack. In addition, the implementation of various government initiatives for supporting macadamia production and trade through the employment of the latest methodologies represents another major growth-inducing factor. Besides this, macadamia is widely utilized in the food and beverages (F&B) industry to manufacture confectionery items, including pastries, biscuits, and ice creams.

This, coupled with the introduction of macadamia nuts in innovative flavors, such as salted, roasted, honey-roasted, wasabi, and chocolate, is positively influencing the market growth. Moreover, the increasing utilization of macadamia oil in various cosmetics and skin care products is creating a positive market outlook across the globe. Looking forward, IMARC Group expects the market value to reach US$ 3.1 Billion by 2028, exhibiting a CAGR of 9.71% during the forecast period (2023-2028).

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

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Market Summary:

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

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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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Competitive Landscape with Key Players:

• 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.

• Wondaree Macadamia Nuts..

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