The latest report by IMARC Group, titled “Macadamia Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” finds that the global macadamia market size reached US$ 1.53 Billion in 2021. Macadamia is an edible, hard-shelled nut, which is a genus of four species of indigenous trees in Australia. It is enriched with protein, antioxidants, fibers, and vitamins that improve gut health, manage weight, and reduce the risk of various metabolic syndromes, such as blood sugar, type 2 diabetes, cholesterol, and heart ailments. It can also be eaten, cooked, and processed into a variety of products. In addition, it is commercially available in raw, coated, and roasted variants. As a result, macadamia is widely utilized in the food and beverage (F&B) and cosmetic industries and consumed as a snack by individuals across the globe.

Global Macadamia Market Trends:

The market is primarily driven by the rising health consciousness among the masses and the escalating demand for macadamia as a healthy snack. In addition, the implementation of various government initiatives for supporting macadamia production and trade through the employment of the latest methodologies represents another major growth-inducing factor. Besides this, macadamia is widely utilized in the food and beverages (F&B) industry to manufacture confectionery items, including pastries, biscuits, and ice creams. This, coupled with the introduction of macadamia nuts in innovative flavors, such as salted, roasted, honey-roasted, wasabi, and chocolate, is positively influencing the market growth. Moreover, the increasing utilization of macadamia oil in various cosmetics and skin care products is creating a positive market outlook across the globe. Looking forward, IMARC Group expects the market value to reach US$ 2.78 Billion by 2027, exhibiting a CAGR of 10.10% during the forecast period (2022-2027).

Market Summary:

• Based on the nature, the market has been categorized into organic and conventional.
• On the basis of the form, the market has been classified into raw, roasted, and coated.  
• Based on the distribution channel, the market has been bifurcated into online and offline.
• On the basis of the industry vertical, the market has been segmented into food and beverages (F&B), cosmetics, and others.
• Region-wise, the market has been divided into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
• The competitive landscape of the market has been examined in the report, with some of the key players being Archer-Daniels-Midland Company, Golden Macadamias, Hamakua Macadamia Nut Company, Health and Plant Protein Group Limited, Ivory Macadamias, Kenya Nut Company Ltd., Macadamia Processing Company, Mauna Loa Macadamia Nut Corporation, Mayo Macs, MWT Foods, Nambucca Macnuts Pty Ltd., Royal Macadamia (Pty) Ltd., and Wondaree Macadamia Nuts.
   

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