Global Macadamia Butter Market Size, Share & Trends Analysis Report By Nature (Conventional, and Organic), By Form (Roasted, and Raw), By Application, By Regional Outlook and Forecast, 2024 - 2031

Global Macadamia Butter Market Size, Share & Trends Analysis Report By Nature (Conventional, and Organic), By Form (Roasted, and Raw), By Application, By Regional Outlook and Forecast, 2024 - 2031


The Global Macadamia Butter Market size is expected to reach $315.5 billion by 2031, rising at a market growth of 11% CAGR during the forecast period. In the year 2023, the market attained a volume of 1,912.08 tonnes, experiencing a growth of 9.7% (2020-2023).

Canada is seeing a distinct surge in demand for macadamia butter driven by the nation’s increasing emphasis on health and wellness products. The country has seen a sharp rise in the popularity of clean eating and organic food movements. Macadamia butter’s nutrient-dense profile and the push for organic, minimally processed food have made it a popular product in health-conscious Canadian households, particularly in provinces like British Columbia and Ontario, where organic food trends are most pronounced. Thus, the North America region acquired 36% revenue share in the macadamia butter market in 2023. In terms of volume, the North America region is expected to utilize 1,119.04 tonnes of macadamia butter by 2031.

A robust demand for macadamia butter has been established as a versatile, plant-based spread that caters to a wide variety of dietary preferences because of the convergence of increasing veganism, plant-based eating, and flexitarian lifestyles. Therefore, the market is experiencing growth because of these factors. Additionally, the convenience, accessibility, and often lower prices offered by online platforms are major contributors to this growing demand. Thus, as the global e-commerce sector grows, macadamia butter is expected to become even more accessible, further driving market expansion.

However, the market faces intense competition from other well-established nut butters, including peanut, almond, and cashew butter. These alternatives have been household staples for decades and are deeply ingrained in consumer preferences. Peanut butter, for example, is a cost-effective, widely available product that has long dominated the nut butter industry. In contrast, macadamia butter remains a relatively niche product, with limited availability and a much higher price point, making it difficult to capture a significant share of the nut butter industry.

Nature Outlook

Based on nature, the market is bifurcated into organic and conventional. The conventional segment garnered 79% revenue share in the market in 2023. This can be attributed to several factors, including the broader availability and lower cost of conventional macadamia butter than its organic counterpart. In terms of volume, 2,683.07 tonnes of conventional is expected to be utilized by 2031.

Form Outlook

On the basis of form, the market is classified into raw and roasted. The raw segment recorded 44% revenue share in the market in 2023. Raw macadamia butter, known for retaining more of the natural nutrients and health benefits of macadamia nuts, appeals to health-conscious consumers. In terms of volume, 1,587.83 tonnes of raw macadamia butter is expected to be utilized by 2031.

Application Outlook

By application, the market is divided into food & beverages, cosmetics & personal care, nutraceuticals, and others. The food & beverages segment witnessed 58% revenue share in the market in 2023. Health-conscious consumers' increasing demand for plant-based, nutrient-dense, and gourmet food products is a significant factor in this. In terms of volume, 1,925.23 tonnes of macadamia butter are expected to be utilized in food & beverage applications by 2031.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured 27% revenue share in the market in 2023. In countries such as China, Japan, and Australia, the growing demand for premium and nutritious food products, the increasing consumer awareness of the health benefits of macadamia butter, and the rise in disposable incomes are all contributing factors. In terms of volume, the Asia Pacific region is expected to utilize 1,168.55 tonnes of macadamia butter by 2031.

List of Key Companies Profiled
  • Artisana Organics (Premier Organics Inc.)
  • The Hain Celestial Group, Inc.
  • Futters Nut Butters
  • Wilderness Poets
  • Big Spoon Roasters
  • Yumbutter, Inc. (Tribe 9 Foods)
  • Carley’s of Cornwall Ltd.
  • Tiny Isle
  • Torere Macadamias Limited
  • Garden Picks Food Manufacturing LLP
Global Macadamia Butter Market Report Segmentation

By Nature (Volume, Tonnes, USD Million, 2020-2031)
  • Conventional
  • Organic
By Form (Volume, Tonnes, USD Million, 2020-2031)
  • Roasted
  • Raw
By Application (Volume, Tonnes, USD Million, 2020-2031)
  • Food & Beverages
  • Nutraceuticals
  • Cosmetics & Personal Care
  • Other Applications
By Geography (Volume, Tonnes, USD Million, 2020-2031)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Macadamia Butter Market, by Nature
1.4.2 Global Macadamia Butter Market, by Form
1.4.3 Global Macadamia Butter Market, by Application
1.4.4 Global Macadamia Butter Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Macadamia Butter Market by Nature
4.1 Global Conventional Market by Region
4.2 Global Organic Market by Region
Chapter 5. Global Macadamia Butter Market by Form
5.1 Global Roasted Market by Region
5.2 Global Raw Market by Region
Chapter 6. Global Macadamia Butter Market by Application
6.1 Global Food & Beverages Market by Region
6.2 Global Nutraceuticals Market by Region
6.3 Global Cosmetics & Personal Care Market by Region
6.4 Global Other Applications Market by Region
Chapter 7. Global Macadamia Butter Market by Region
7.1 North America Macadamia Butter Market
7.1.1 North America Macadamia Butter Market by Nature
7.1.1.1 North America Conventional Market by Region
7.1.1.2 North America Organic Market by Region
7.1.2 North America Macadamia Butter Market by Form
7.1.2.1 North America Roasted Market by Country
7.1.2.2 North America Raw Market by Country
7.1.3 North America Macadamia Butter Market by Application
7.1.3.1 North America Food & Beverages Market by Country
7.1.3.2 North America Nutraceuticals Market by Country
7.1.3.3 North America Cosmetics & Personal Care Market by Country
7.1.3.4 North America Other Applications Market by Country
7.1.4 North America Macadamia Butter Market by Country
7.1.4.1 US Macadamia Butter Market
7.1.4.1.1 US Macadamia Butter Market by Nature
7.1.4.1.2 US Macadamia Butter Market by Form
7.1.4.1.3 US Macadamia Butter Market by Application
7.1.4.2 Canada Macadamia Butter Market
7.1.4.2.1 Canada Macadamia Butter Market by Nature
7.1.4.2.2 Canada Macadamia Butter Market by Form
7.1.4.2.3 Canada Macadamia Butter Market by Application
7.1.4.3 Mexico Macadamia Butter Market
7.1.4.3.1 Mexico Macadamia Butter Market by Nature
7.1.4.3.2 Mexico Macadamia Butter Market by Form
7.1.4.3.3 Mexico Macadamia Butter Market by Application
7.1.4.4 Rest of North America Macadamia Butter Market
7.1.4.4.1 Rest of North America Macadamia Butter Market by Nature
7.1.4.4.2 Rest of North America Macadamia Butter Market by Form
7.1.4.4.3 Rest of North America Macadamia Butter Market by Application
7.2 Europe Macadamia Butter Market
7.2.1 Europe Macadamia Butter Market by Nature
7.2.1.1 Europe Conventional Market by Country
7.2.1.2 Europe Organic Market by Country
7.2.2 Europe Macadamia Butter Market by Form
7.2.2.1 Europe Roasted Market by Country
7.2.2.2 Europe Raw Market by Country
7.2.3 Europe Macadamia Butter Market by Application
7.2.3.1 Europe Food & Beverages Market by Country
7.2.3.2 Europe Nutraceuticals Market by Country
7.2.3.3 Europe Cosmetics & Personal Care Market by Country
7.2.3.4 Europe Other Applications Market by Country
7.2.4 Europe Macadamia Butter Market by Country
7.2.4.1 Germany Macadamia Butter Market
7.2.4.1.1 Germany Macadamia Butter Market by Nature
7.2.4.1.2 Germany Macadamia Butter Market by Form
7.2.4.1.3 Germany Macadamia Butter Market by Application
7.2.4.2 UK Macadamia Butter Market
7.2.4.2.1 UK Macadamia Butter Market by Nature
7.2.4.2.2 UK Macadamia Butter Market by Form
7.2.4.2.3 UK Macadamia Butter Market by Application
7.2.4.3 France Macadamia Butter Market
7.2.4.3.1 France Macadamia Butter Market by Nature
7.2.4.3.2 France Macadamia Butter Market by Form
7.2.4.3.3 France Macadamia Butter Market by Application
7.2.4.4 Russia Macadamia Butter Market
7.2.4.4.1 Russia Macadamia Butter Market by Nature
7.2.4.4.2 Russia Macadamia Butter Market by Form
7.2.4.4.3 Russia Macadamia Butter Market by Application
7.2.4.5 Spain Macadamia Butter Market
7.2.4.5.1 Spain Macadamia Butter Market by Nature
7.2.4.5.2 Spain Macadamia Butter Market by Form
7.2.4.5.3 Spain Macadamia Butter Market by Application
7.2.4.6 Italy Macadamia Butter Market
7.2.4.6.1 Italy Macadamia Butter Market by Nature
7.2.4.6.2 Italy Macadamia Butter Market by Form
7.2.4.6.3 Italy Macadamia Butter Market by Application
7.2.4.7 Rest of Europe Macadamia Butter Market
7.2.4.7.1 Rest of Europe Macadamia Butter Market by Nature
7.2.4.7.2 Rest of Europe Macadamia Butter Market by Form
7.2.4.7.3 Rest of Europe Macadamia Butter Market by Application
7.3 Asia Pacific Macadamia Butter Market
7.3.1 Asia Pacific Macadamia Butter Market by Nature
7.3.1.1 Asia Pacific Conventional Market by Country
7.3.1.2 Asia Pacific Organic Market by Country
7.3.2 Asia Pacific Macadamia Butter Market by Form
7.3.2.1 Asia Pacific Roasted Market by Country
7.3.2.2 Asia Pacific Raw Market by Country
7.3.3 Asia Pacific Macadamia Butter Market by Application
7.3.3.1 Asia Pacific Food & Beverages Market by Country
7.3.3.2 Asia Pacific Nutraceuticals Market by Country
7.3.3.3 Asia Pacific Cosmetics & Personal Care Market by Country
7.3.3.4 Asia Pacific Other Applications Market by Country
7.3.4 Asia Pacific Macadamia Butter Market by Country
7.3.4.1 China Macadamia Butter Market
7.3.4.1.1 China Macadamia Butter Market by Nature
7.3.4.1.2 China Macadamia Butter Market by Form
7.3.4.1.3 China Macadamia Butter Market by Application
7.3.4.2 Japan Macadamia Butter Market
7.3.4.2.1 Japan Macadamia Butter Market by Nature
7.3.4.2.2 Japan Macadamia Butter Market by Form
7.3.4.2.3 Japan Macadamia Butter Market by Application
7.3.4.3 India Macadamia Butter Market
7.3.4.3.1 India Macadamia Butter Market by Nature
7.3.4.3.2 India Macadamia Butter Market by Form
7.3.4.3.3 India Macadamia Butter Market by Application
7.3.4.4 South Korea Macadamia Butter Market
7.3.4.4.1 South Korea Macadamia Butter Market by Nature
7.3.4.4.2 South Korea Macadamia Butter Market by Form
7.3.4.4.3 South Korea Macadamia Butter Market by Application
7.3.4.5 Australia Macadamia Butter Market
7.3.4.5.1 Australia Macadamia Butter Market by Nature
7.3.4.5.2 Australia Macadamia Butter Market by Form
7.3.4.5.3 Australia Macadamia Butter Market by Application
7.3.4.6 Malaysia Macadamia Butter Market
7.3.4.6.1 Malaysia Macadamia Butter Market by Nature
7.3.4.6.2 Malaysia Macadamia Butter Market by Form
7.3.4.6.3 Malaysia Macadamia Butter Market by Application
7.3.4.7 Rest of Asia Pacific Macadamia Butter Market
7.3.4.7.1 Rest of Asia Pacific Macadamia Butter Market by Nature
7.3.4.7.2 Rest of Asia Pacific Macadamia Butter Market by Form
7.3.4.7.3 Rest of Asia Pacific Macadamia Butter Market by Application
7.4 LAMEA Macadamia Butter Market
7.4.1 LAMEA Macadamia Butter Market by Nature
7.4.1.1 LAMEA Conventional Market by Country
7.4.1.2 LAMEA Organic Market by Country
7.4.2 LAMEA Macadamia Butter Market by Form
7.4.2.1 LAMEA Roasted Market by Country
7.4.2.2 LAMEA Raw Market by Country
7.4.3 LAMEA Macadamia Butter Market by Application
7.4.3.1 LAMEA Food & Beverages Market by Country
7.4.3.2 LAMEA Nutraceuticals Market by Country
7.4.3.3 LAMEA Cosmetics & Personal Care Market by Country
7.4.3.4 LAMEA Other Applications Market by Country
7.4.4 LAMEA Macadamia Butter Market by Country
7.4.4.1 Brazil Macadamia Butter Market
7.4.4.1.1 Brazil Macadamia Butter Market by Nature
7.4.4.1.2 Brazil Macadamia Butter Market by Form
7.4.4.1.3 Brazil Macadamia Butter Market by Application
7.4.4.2 Argentina Macadamia Butter Market
7.4.4.2.1 Argentina Macadamia Butter Market by Nature
7.4.4.2.2 Argentina Macadamia Butter Market by Form
7.4.4.2.3 Argentina Macadamia Butter Market by Application
7.4.4.3 UAE Macadamia Butter Market
7.4.4.3.1 UAE Macadamia Butter Market by Nature
7.4.4.3.2 UAE Macadamia Butter Market by Form
7.4.4.3.3 UAE Macadamia Butter Market by Application
7.4.4.4 Saudi Arabia Macadamia Butter Market
7.4.4.4.1 Saudi Arabia Macadamia Butter Market by Nature
7.4.4.4.2 Saudi Arabia Macadamia Butter Market by Form
7.4.4.4.3 Saudi Arabia Macadamia Butter Market by Application
7.4.4.5 South Africa Macadamia Butter Market
7.4.4.5.1 South Africa Macadamia Butter Market by Nature
7.4.4.5.2 South Africa Macadamia Butter Market by Form
7.4.4.5.3 South Africa Macadamia Butter Market by Application
7.4.4.6 Nigeria Macadamia Butter Market
7.4.4.6.1 Nigeria Macadamia Butter Market by Nature
7.4.4.6.2 Nigeria Macadamia Butter Market by Form
7.4.4.6.3 Nigeria Macadamia Butter Market by Application
7.4.4.7 Rest of LAMEA Macadamia Butter Market
7.4.4.7.1 Rest of LAMEA Macadamia Butter Market by Nature
7.4.4.7.2 Rest of LAMEA Macadamia Butter Market by Form
7.4.4.7.3 Rest of LAMEA Macadamia Butter Market by Application
Chapter 8. Company Profiles
8.1 Futters Nut Butters
8.1.1 Company Overview
8.2 Wilderness Poets
8.2.1 Company Overview
8.3 Big Spoon Roasters
8.3.1 Company Overview
8.4 Yumbutter, Inc. (Tribe 9 Foods)
8.4.1 Company Overview
8.5 Carley’s of Cornwall Ltd.
8.5.1 Company Overview
8.6 Tiny Isle
8.6.1 Company Overview
8.7 Torere Macadamias Limited
8.7.1 Company Overview
8.8 Garden Picks Food Manufacturing LLP
8.8.1 Company Overview
8.9 Artisana Organics (Premier Organics Inc.)
8.9.1 Company Overview
8.10. The Hain Celestial Group, Inc.
8.10.1 Company overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis
Chapter 9. Winning Imperatives of Macadamia Butter Market

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