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The global macadamia market was valued at US$ 1.53 Billion in 2021.
We expect the global macadamia market to exhibit a CAGR of 10.10% during 2022-2027.
The increasing demand for macadamia nuts as a healthy snack option, available in various innovative flavors, such as roasted, salted, chocolate-coated, etc., is primarily driving the global macadamia market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of macadamia nuts.
Based on the nature, the global macadamia market can be segmented into organic and conventional. Currently, conventional holds the majority of the total market share.
Based on the form, the global macadamia market has been divided into raw, roasted, and coated. Among these, raw currently exhibits a clear dominance in the market.
Based on the distribution channel, the global macadamia market can be categorized into online and offline. Currently, offline channel accounts for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global macadamia market include 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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