Macadamia Nuts Market Status And Outlook 2023-2029 By Key Players | Marquis Macadamias , Golden Macadamias , Mauna Loa Macadamia Nut Corp , Buderim Group

The macadamia nuts Market Research focuses on the key trends prevailing in the global business sector. The existing Industry scenario has been studied and future projections with respect to the sector have also been investigated. Market study report comprises evaluation of numerous influential factors including industry overview in terms of recent developments in both historical and current situations, key companies, product/service application and types, key regions and marketplaces, forecast estimation for global market share, revenue and CAGR. Macadamia Nuts Market Report is highly -intensive driven by high R&D investment and has strong product analysis to maintain growth and ensure long-term monetization with a forecast period of 2023-2029.

The size of the global“Macadamia Nuts” market is anticipated to increase during the Forecast period at a CAGR of 10.11% (2029).

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The record is an in-depth evaluation of a wealthy supply of essential elements that are accountable for the development of the global Macadamia Nuts market. The report splits the market length, through amount and value, based on application, type, and geography. The report profiles the important members in the enterprise, along with an itemized analysis in their positions against the global landscape.

Key players in the Macadamia Nuts market include:

Marquis Macadamias, Golden Macadamias, Mauna Loa Macadamia Nut Corp, Buderim Group, Kenya Nut Company, Nambucca Macnuts, Ivory Macadamias, Eastern Produce, Hamakua Macadamia Nut Company

Industry News:

April 2022: Golden Macadamias South African cooperative business invested in TOMRA 5C sorting machine with Biometric Signature Identification technology. This machine is a high-end optical sorting device for nut and dried fruit applications. It helps in attaining the highest product quality with large production volumes of macadamias.

March 2022: Milkadamia company launched a new macadamia nut oil milk product at Natural Products Expo West. This milk is available in salted caramel and pumpkin pie varieties.

The Macadamia Nuts market is primarily split into:

Nuts without Shell

Nuts in Shell

The Macadamia Nuts market applications cover:

Snack Food

Confectionery and Bakery

Cosmetics

Other Application

Global Macadamia Nuts Market: Key Trends and Drivers

• The organic food industry has received wide acceptance and demand in recent years. The industry is expected to reach witness high growth over the next few years. In a growing region like India, it is expected to chart a notable growth curve. The macadamia market forms an important part of this sector, and is expected to follow suit in terms of growth in the coming years.
• Global population is becoming increasingly aware about fitness owing to a social demand for individuals who take care of their physical appearance. Hence, fast food fads are being replaced by balanced, well thought of diets which incorporate natural ingredients into the mix. Fitness clubs themselves advocate such diets, calling for more organic additives to daily food. Over the next 5 years, the global fitness industry is expected to grow notably. This is set to bring a concomitant growth in the macadamia market.
• The confectionery industry makes use of macadamia nuts in a variety of preparations. The industry is expected to grow at a fast pace over the coming few years, bringing up the demand for macadamia nuts globally.

Geographical segmentation:

• North America (United States, Canada and Mexico)
• Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• South America (Brazil, Argentina, Colombia, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Australia is the world's largest producer and exporter of macadamia nuts.

Australia is the world's biggest producer of macadamia nuts. The macadamia nut industry in Australia comprises over 6 million trees and a plantation area of over 16,000 hectares. Macadamia nut production is supported by more than 850 Australian growers.

This is critical in meeting the increased demand for macadamia nuts around the world. By negotiating an arrangement to supply high-quality macadamia nuts, firms have attractive options for high-quality source nuts from these growers. This strategic step will ensure that the producers have a consistent supply of macadamia nuts.

These nuts are also exported from Australia to more than 40 nations around the world. Popularity of macadamia nuts have grown as a result of customer demand for natural ingredients in food, cosmetics, and personal care goods.

Incorporation of macadamia nuts in Chinese culture and its demand

China is the main export market for macadamia nuts from Australia, accounting for 36% of total exports. Because of the goods' well-known health advantages - information derived from Traditional Chinese Medicine – nuts are a significant element of the Chinese diet. Similarly, Macadamia nuts are common gifts exchanged during Chinese New Year because of the positive image they represent and the fact that they can be shared and devoured by everybody during the celebration.

Healthy snacking trend of Germany is driving the trend for macadamia nuts

Germany is a major transit country for macadamia nuts imported from other countries. Every year, Germany re-exports approximately one-quarter of all imported macadamia nuts to other European markets. Specialized dealers and agents, many of whom are based in Hamburg, handle the re-export business.

The healthy snacking trend in Germany has increased the consumption of macadamia nuts. Until recently, the macadamia nut was mostly marketed in Germany as a high-end roasted and salty snack. Macadamia nuts, on the other hand, are becoming more popular as an ingredient, particularly in spreads (such as Vitaquell or Nutfield's) and as an ice cream topping. Organic macadamia nut consumption is also rising in Germany, thanks to promotions by specialised suppliers like the German-Kenyan macadamia nut enterprise.

Emerging market of United kingdom in the macadamia market

The United Kingdom is Europe's third-largest importer of macadamia nuts and its fifth-largest consumer. The United kingdom re-exports only a small percentage of imported macadamia nuts. The UK is a net importer of macadamia nuts, with the vast majority of those imported being consumed domestically.

With only a few direct importers, the UK market for macadamia nuts is still emerging. Macadamia nuts are mostly sold as snacks, but a few businesses also make macadamia nut fruit and nut bars. Other firms utilise nuts as an ice cream topping. C.G. Hacking & Sons and Freeworld Trading are two examples of importers. Green Farms Nut Company, a Macadamia Nut exporter from South Africa, opened a London sales office.

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The Study Objectives of the Macadamia Nuts Market are:

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