What Is The Current and Historic Market Size Analysis Of The Macadamia Market?
The macadamia market has seen considerable growth due to a variety of factors.
•The size of the macadamia market has seen rapid expansion in the recent past. It is projected to rise from a value of $1.38 billion in 2024 to $1.54 billion in 2025, indicating a compound annual growth rate (CAGR) of 11.3%.
This growth in the historic period is due to factors like increased consumer awareness, heightened interest in health, the globalization of commerce, culinary trends and uses, and the widening scope of macadamia farming.
What Are The Predictions for The Macadamia Market Size In The Coming Years?
The macadamia market is expected to maintain its strong growth trajectory in upcoming years.
• In the following years, the macadamia market size is predicted to experience swift expansion. It is projected to reach $2.28 billion in 2029, with a compound annual growth rate (CAGR) of 10.3%.
The surge during the prediction period can be credited to an increase in disposable income, the expansion of retail outlets, a shift to plant-centered diets, innovative product formulation, and the pursuit of sustainable and ethical methods, as well as the broadening of uses. The forecast period is expected to witness the introduction of new macadamia product variations, incorporation into healthy and premium snack categories, emphasis on macadamia oil and gourmet uses, product innovation within macadamia-based food items, premiumization, and its status as a superfood.
Which Key Drivers Are Propelling The Macadamia Market's Growth?
The rise in nut and dried fruit consumption is projected to boost the macadamia market's growth. A variety of edible plant-based goods, including dehydrated seeds and fruits, fall into the category of nuts and dried fruits. These products are nutrient-rich and offer a dense concentration of flavors and textures, often used in healthy snacking or cooking. Macadamia nuts and dried fruits are known for their health advantages, such as delivering essential nutrients, promoting cardiac health, assisting in weight control, and enhancing overall well-being. For example, in May 2023, the International Nut and Dried Fruit Council Foundation, a non-for-profit organization based in Spain, reported that the global production of dried fruit hit roughly 3.1 million metric tons in the 2021/22 season. This figure mildly increased in the 2022/23 season, surpassing 3.1 million metric tons. Likewise, the worldwide production of tree nuts touched around 5.3 million metric tons in the 2022/23 season. Therefore, the growing consumption of nuts and dried fruits is expected to prime the macadamia market's growth in the future.
What Are The Key Segments Within The Global Macadamia Market?
The macadamia market covered in this report is segmented –
1) By Nature: Organic, Conventional
2) By Form: Raw, Processed, Oil
3) By Distribution Channel: Direct, Indirect
4) By End Use: Residential, Commercial, Industrial, Food Industry, Cosmetic And Personal Care
Subsegments:
1) By Organic: Raw Organic Macadamia Nuts, Roasted Organic Macadamia Nuts, Organic Macadamia Nut Oil
2) By Conventional: Raw Conventional Macadamia Nuts, Roasted Conventional Macadamia Nuts, Conventional Macadamia Nut Oil
Pre-Book The Macadamia Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
How Are New Trends Impacting The Size Of The Macadamia Market?
Advancements in organic-based commodities are becoming a key trend within the macadamia market. Major businesses in this market are making strides to develop innovative goods in order to maintain their standing. To illustrate, in February 2023, PlantBaby, an American food and beverage firm, brought forth Mac Nut Kiki Milk, a pioneer in the all-organic, clean-label macadamia nut milk area. This product, sold in shelf-stable 32-oz. packages, is completely made up of organic whole foods and superfoods, boasting more macadamia nuts per serving than rivals. It upholds PlantBaby’s commitment to wholly organic products and is devoid of common allergens like soy and gluten, seed oils, gums, refined sugars and both artificial and natural flavors.
Who Are the Key Players in the Macadamia Market?
Major companies operating in the macadamia market include:
• Camellia PLC
• C. Brewer and Company Ltd.
• Golden Macadamias
• Castle & Cooke
• Buderim Ginger
• Mauna Loa Macadamia Nut Corporation
• Marquis Macadamias Ltd.
• Hawaiian Host Group
• Kenya Nut Company
• Marquis Group
• MacFarms
• Hamakua Macadamia Nut Company
• MWT Foods
• T.M. Ward Coffee Company
• Superior Nut Company
• Buderim Group Limited
• Nambucca Macnuts Pty Ltd.
• Ivory Macadamias Pty Ltd.
• Eastern Produce Kenya Ltd.
• Wondaree Macadamia Nuts
• North Shore Macadamia Nut Company
• Dr. Paul's Kona Coffee Company
• Royal Macadamia Pty Ltd.
• Makua Coffee Company
• Royal Macadamia (Pty) Ltd
• Royal Iolani
What are the Regional Insights into the Macadamia Market?
North America was the largest region in the macadamia market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the macadamia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
