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Market Overview of Global Macadamia market:
According to our latest research, the global Macadamia market looks promising in the next 5 years. As of 2022, the global Macadamia market was estimated at USD 1086.29 million, and it's anticipated to reach USD 1912.75 million in 2028, with a CAGR of 9.89% during the forecast years.
Macadamia is native to Australia and belongs to the family Asparagus, a nut plant, and an evergreen tree. It is known as the king of dried fruit. Macadamia nuts have other names in different parts of the world: they are also known as the Queensland nut; bush nut; maroochi nut; bauple nut; and Hawaii nut.
Consumers' growing awareness of dietary health is expected to provide growth demand for the macadamia market.
As consumers become more aware of healthy eating, they have increased demand for the nuts food. In China, countries such as Japan and India are driving the growth of the macadamia market by raising dietary health awareness and increasing key factors such as dried fruit and nut consumption. The rapid expansion of the vegan population in Europe, such as the Netherlands, Germany, and the burgeoning innovative vegetarian products on the market, coupled with the growing development of Australian green farms and macadamia processing technology and processes, are expected to create opportunities for macadamia market.
The increase in online shopping and social media advertising provides opportunities for market growth.
With the rapid development of e-commerce, the expansion of various global shopping platforms, the development of logistics business, consumers' choices are no longer limited to local products, which is conducive to the sales growth of macadamia nuts. The growing interest in social media and the increase in promotional activities are among the main trends behind the growth of the macadamia market. Since most consumers are active on social media, manufacturers are using social media channels to promote and promote their products and expand to a wider consumer base. Social media events, such as the attractive offerings during festivals and events, will help manufacturers increase consumer awareness and acceptance of their products. These factors are expected to provide opportunities for the macadamia market.
As macadamia production is difficult to meet growing demand, it will become a barrier to the market
Macadamia trees are usually grown and harvested in tropical climates in Brazil, Indonesia, New Zealand, Australia, South Africa and Kenya. Only two macadamia nuts are considered edible. Thus, the production of macadamia nuts to the extent that will meet its increasing demand is not possible as they are difficult to propagate, limited in the range of cultivability, and slow to bear. This, in turn, makes the final product costly and hence is expected to restrain the growth of the macadamia market during the forecast period.
Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
Mauna Loa Macadamia Nut Corporation is one of the major players operating in the Macadamia market, holding a share of 9.52% in 2023.
Mauna Loa Macadamia Nut Corporation
Mauna Loa Macadamia Nut Corporation processes and markets nut products. The Company offers nut-based confections, cookies, and snack bags.
Macadamia Processing
Founded in 1983 by a group of four macadamia growers, MPC has grown into a wholly-owned subsidiary of more than 180 Australian grower shareholders. MPC processes 10-13,000 metric tons of Australian nuts (about 20-30% of Australian crops) annually at its state-of-the-art facility near Lismore, in the northern New South Wales River. MPC's supply comes from orchards in northern New South Wales and southeast Queensland, the evolutionary home of macadamia nuts.
Segmentation Overview:
By type, Original Taste segment accounted for the largest share of market in 2022.
Application Overview:
By application, the Food and Beverage Industry segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Macadamia market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Macadamia Market Report:
Market Size Estimates: Macadamia market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Macadamia market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Macadamia market
Segment Market Analysis: Macadamia market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Macadamia market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Macadamia Market: Revenue and sales volume of major countries in each region
Macadamia Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Macadamia market in major regions.
Macadamia Industry Value Chain: Macadamia market raw materials & suppliers, manufacturing process, distributors, downstream customers
Macadamia Industry News, Policies & Regulations
Key players in the global Macadamia market are covered in Chapter 12:
Mauna Loa Macadamia Nut Corp
Mayo Macs
Pacific Gold Macadamias
Eastern Produce
MacFarms
Ivory Macadamias
Nambucca Macnuts
Kenya Nut
Golden Macadamias
Green Farms Nut Company
Macadamia Processing
Hamakua Macadamia Nut
In Chapter 2 and Chapter 15.1, based on types, the Macadamia market from 2018 to 2028 is primarily split into:
Original Taste
Salt-Baked Taste
Flavor Taste
In Chapter 3 and Chapter 15.2, based on applications, the Macadamia market from 2018 to 2028 covers:
Food and Beverage Industry
Cosmetics and Personal Care Industry
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Macadamia market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028