What is Macadamia Nuts Market Scope?
Macadamia nuts are a kind of tree nut with a buttery taste and a creamy texture. Macadamia trees are native to Australia, although they may also be grown in Brazil, Costa Rica, Hawaii, and New Zealand. Macadamia nuts, like most other nuts, are high in nutrients and useful plant chemicals. They've also been linked to a number of advantages, including better digestion, heart health, weight loss, and blood sugar control. Macadamia nuts have a greater fat content than other popular nuts like almonds, cashews, and walnuts. More than 75% of the fat in macadamia nuts is monounsaturated fat, which is good for health. The Asia Pacific is the largest market for the macadamia nuts followed by Europe and North America.
Macadamia Nuts Market Dynamics:
Attributes | Details |
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Growth Drivers | - Growing Consumption of Macadamia Nuts Due to Its Nutritional Content
- Increasing Demand of Macadamia Nuts for Consumption of Range of Food Products
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Influencing Trends | - Roasted Macadamia Nuts Are Rapidly Gaining Popularity
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Restraints | - Lack Of Awareness About the Health Benefits Offered by Macadamia Nuts
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Road Blocks / Challenges | - Challenging Supply Chain Management of Macadamia Nuts
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Gaps & Opportunities | - Rise Of Packaged Food Industry Will Boost the Demand of Macadamia Nuts
- Growing Farming of Macadamia Will Increase the Demand for Macadamia Nuts
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The Macadamia Nuts market study is being classified, by Application and major geographies with country level break-up.
According to AMA, the Global Macadamia Nuts market is expected to see growth rate of 10.9% and may see market size of USD2.5 Billion by 2027.Market players are focusing on providing Macadamia Nuts with higher quality along with complying with all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive features to further offer qualified Macadamia Nuts. Besides, the numerous industry profitability has led to the entry of new players, in turn, increasing the level of rivalry in the already competitive market.
Royal Hawaiian Macadamia Nut, Inc. (United States), Nambucca Macnuts Pty Ltd. (Australia), Hamakua Macadamia Nut Company (United States), MWT Foods Australia (Australia), Mauna Loa Macadamia Nut Corp., Ivory Macadamias (South Africa), Golden Macadamias (South Africa), Kenya Nut Company Ltd. (Kenya), Hawaiian Macadamia Nut Orchards, L.P. and Buderim Group Limited (Australia) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Macadamia Nuts market by Type, Application and Region.
On the basis of geography, the market of Macadamia Nuts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region hold largest market share in the year 2021.
Market Influencers and their Development Strategies
In September 2021 The Arnott’s Group has signed an agreement to acquire 75% of Diver Foods, an Australian maker of cereals and snacks. Chris Diver, owner and managing director of Diver Foods, will continue to own 25% of the business. The financial terms of the transaction were not disclosed.
In September 2021, retailers across the U.S. will began receiving their initial orders of Royal Hawaiian Orchards’ new product, Mango Habanero. The 4-oz. bag is packed with sweet heat from the combination of natural mango and habanero flavors. Customers can also purchase the new addition available online
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Macadamia Nuts Providers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
Macadamia Nuts Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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