About Macadamia Nuts
Macadamia nuts are a kind of tree nut with a buttery taste and a creamy texture. Macadamia trees are native to Australia, although they may also be grown in Brazil, Costa Rica, Hawaii, and New Zealand. Macadamia nuts, like most other nuts, are high in nutrients and useful plant chemicals. They've also been linked to a number of advantages, including better digestion, heart health, weight loss, and blood sugar control. Macadamia nuts have a greater fat content than other popular nuts like almonds, cashews, and walnuts. More than 75% of the fat in macadamia nuts is monounsaturated fat, which is good for health. The Asia Pacific is the largest market for the macadamia nuts followed by Europe and North America.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Billion) |
CAGR | 10.9% |
Market players are focusing on providing Macadamia Nuts with higher quality along with complying with all regulatory standards to fascinate more end users. They are also focusing on the introduction of numerous advanced & attractive features to further offer qualified Macadamia Nuts. Besides, the numerous industry profitability has led to the entry of new players, in turn, increasing the level of rivalry in the already competitive market. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Royal Hawaiian Macadamia Nut, Inc. (United States), Nambucca Macnuts Pty Ltd. (Australia), Hamakua Macadamia Nut Company (United States), MWT Foods Australia (Australia), Mauna Loa Macadamia Nut Corp., Ivory Macadamias (South Africa), Golden Macadamias (South Africa), Kenya Nut Company Ltd. (Kenya), Hawaiian Macadamia Nut Orchards, L.P. and Buderim Group Limited (Australia) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Macadamia Nuts market by , Application (Households, Packaged Food Manufacturers, Hotels, Restaurants and Others) and Region.
On the basis of geography, the market of Macadamia Nuts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. If we see Market by Nature, the sub-segment i.e. Organic will boost the Macadamia Nuts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Raw will boost the Macadamia Nuts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Macadamia Nuts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Plastic Packaging will boost the Macadamia Nuts market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Roasted Macadamia Nuts Are Rapidly Gaining Popularity
Market Growth Drivers:
Growing Consumption of Macadamia Nuts Due to Its Nutritional Content and Increasing Demand of Macadamia Nuts for Consumption of Range of Food Products
Challenges:
Challenging Supply Chain Management of Macadamia Nuts
Restraints:
Lack Of Awareness About the Health Benefits Offered by Macadamia Nuts
Opportunities:
Rise Of Packaged Food Industry Will Boost the Demand of Macadamia Nuts and Growing Farming of Macadamia Will Increase the Demand for Macadamia Nuts
Market Leaders and their expansionary development strategies
In September 2021 The Arnott’s Group has signed an agreement to acquire 75% of Diver Foods, an Australian maker of cereals and snacks. Chris Diver, owner and managing director of Diver Foods, will continue to own 25% of the business. The financial terms of the transaction were not disclosed.
In September 2021, retailers across the U.S. will began receiving their initial orders of Royal Hawaiian Orchards’ new product, Mango Habanero. The 4-oz. bag is packed with sweet heat from the combination of natural mango and habanero flavors. Customers can also purchase the new addition available online
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Macadamia Nuts Providers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.