Macadamia Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic and Conventional); By Form (Raw, Processed, Oil); By End Use; By Region; Segment Forecast, 2023 - 2032

Macadamia Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic and Conventional); By Form (Raw, Processed, Oil); By End Use; By Region; Segment Forecast, 2023 - 2032

The global macadamia market size is expected to reach USD 3.70 billion by 2032, according to a new study by Polaris Market Research. The report “Macadamia Market Share, Size, Trends, Industry Analysis Report, By Nature (Organic and Conventional); By Form (Raw, Processed, Oil); By End Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Escalating popularity of macadamia in the food and beverages industry is one of the prominent factors bolstering the growth of global market. With excellent beneficial aspect such as nutritional value, texture, and many other benefits, macadamia is widely used in this sector. For instance, in February 2023, a macadamia nut variant of Kiki Milk is being added by PlantBaby Company to its lineup. Organic, milk substitute is created with whole-food components like oats, coconut sugar, macadamia nuts, Brazil nuts, pumpkin seeds, cashews, & marine minerals. This factor is largely driving the market with significant revenue.

Macadamias are a popular ingredient in chocolates, cookies, and other confectionery products, which drives demand from the confectionery industry. As a result, growing demand from the confectionery industry is likely to boost the market’s growth globally. In addition to this, macadamias are rich in healthy fats, fiber, and other nutrients, making them a popular choice among health-conscious consumers.

Although there is a shortage of supply on the global market, there is rising demand for commodities. As a result, the industry is in critical need of investments and assistance from governmental bodies. For instance, the out-put of macadamia in 2021 was 54,174, 48,500, 38,500, & 32,000 metric tonnes in South Africa, Australia, & China, respectively, according to the International Nut & Dried Fruit Council. The major producing nations' increased output is fueled by these government programs. As a result, rising demand is fueling production with help from the government, which is therefore anticipated to drive market expansion over the forecast period.

The demand for macadamia-based food and beverage products is growing, as consumers become more health-conscious and seek out natural, wholesome, and sustainable ingredients. This has created new opportunities for macadamia producers to expand their product offerings and tap into new markets.

Macadamia Market Report Highlights

Organic nature is accounted for largest share in the global market. This is due to due to increasing consumer demand for organic products

Raw form of macadamia held largest share in the global market due to its cost effectiveness and improving use in the preparation of skin treatment

Food and beverages industry is accounting largest share in the global due to health benefits of macadamia and wide use of the products from sweet to savory

North America held the largest share in 2022 due to huge consumption of macadamia products across various applications and enhancing product development in the region

The global macadamia market involves Royal Macadamia, Buderim Ginger, North Shore Macadamia Nut, Dr. Paul's Kona Coffee, Ward Coffee, Eastern Produce, Hawaiian Host, Makua Coffee, the marquis group, MWT Foods, Nambucca Macnuts., Superior Nut, golden macadamias, Hamakua Macadamia, T.M. Wondaree Macadamias

Polaris Market Research has segmented the Macadamia market report based on nature, form, end use, and region:

Macadamia, Nature Outlook (Revenue - USD Billion, 2019 - 2032)

Organic

Conventional

Macadamia, By Form Outlook (Revenue - USD Billion, 2019 - 2032)

Raw

Processed

Oil

Macadamia, By End Use Outlook (Revenue - USD Billion, 2019 - 2032)

Residential

Industrial

Commercial

Food Industry

Confectionary

Bakery

Snacks

Other

Cosmetic and Personal Care

Macadamia, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa