Market Snapshot:
Macadamia Oils is non-volatile oil collected from nuts of the macadamia, a native plant of Australia. It contains 60% oleic acid, 19% palmitoleic acid, 1-3% linoleic acid and 1-2% α-linolenic acid. It is used to fry salad or other food. It is also used in cosmetic formulation.
Highlights from Macadamia Oils Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 9.3% |
The key Vendors profiled in the report are AG Industries (India), Green Farm Nut Co. (United States), Royal Hawaiian Macadamia Nut Inc. (United States), Nutpro Cc (United States), Hamakua Macadamia Nut Company (United States), Eastern Produce (Kenya), MacFarms (United States), Kenya Nut Company (Kenya) and Golden Macadamias (South Africa).
Geographic Breakdown and Segment Analysis
The Global Macadamia Oils market presents a comprehensive analysis of the Macadamia Oils market by end-user/application (Cooking and Eating, Topical Skin Application, Natural Hair Conditioner and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Macadamia Oils industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Macadamia Oils market
Analyst at AMA have segmented the market study of Global Macadamia Oils market by Type, Application and Region.
Influencing Trend:
Rising Consumer Preference towards Healthy and Organic Food Materials
Market Growth Drivers:
Various Applications of Macadamia Oils Drive the Market and Rising Usage of Macadamia Oils in Skin Care and Hair Care Sector
Challenges:
Strict Regulatory Guidelines on the use of Macadamia Oils
Restraints:
Allergy-Related Risks with the Consumption of Macadamia Oils and High Costs Associated with Adoption of Macadamia Oils
Opportunities:
Rising Awareness towards Health Advantages of Macadamia Oil Can create Opportunities for the Market Growth.
Market Developments Activities:
In September 2022, Star Avenue Capital, LLC (“Star Avenue”) announced today an investment in Macadamia Natural Oil (“Macadamia”), a premium, professional hair care brand based in Chatsworth, CA. Star Avenue will work with CEO and Founder John Fasan to support the company’s rapid growth and to help build Macadamia into a leader in the global hair care industry.
In August 2021, Kakuzi is set to unveil a range of macadamia cold pressed cooking oil products as part of its new corporate identity that it says underscores its commitments to agricultural development for the domestic and export markets.
Global Macadamia Oils is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Target Audience
Macadamia Oils Manufacturers, Macadamia Oils Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others