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Global Macadamia Nuts Market Insights and Forecast to 2027

Macadamia nuts are the fruit (edible seed) of the evergreen macadamia tree, which belongs to the genus Macadamia of the Proteaceae family. Only three of the species are of commercial importance, namely Macadamia integrifolia, Macadamia ternifolia, and Macadamia tetraphylla. Macadamias are native to Australia, but today, they are grown in many areas in the world. The largest producers of macademia nuts are Australia and South Africa, followed by Kenya, China, USA (Hawaii), Guatemala, Malawi, Vietnam, Colombia, New Zealand and Swaziland. Once planted, the macadamia trees need five years before being able to carry their first fruit - their maximum carrying capacity is reached after ten years. Macadamia trees require warm temperatures and good annual rainfall to yield a good crop. The biggest threats to annual production come from droughts and heavy frost. The nuts themselves grow encased in a hard, woody shell, which is protected by a green-brown fibrous husk that splits open as the nut matures. Macadamia nuts are harvested mechanically or gathered from the ground in different periods throughout the entire year, depending on the country of origin. Because flowering occurs over several months, macadamia nuts mature and drop to the ground over an extended period, so they have to be harvested regularly. Due to long-term maturity, it is possible for flowering and harvesting to overlap. In the European winter months, they are harvested in Africa and Hawaii, while during the spring and summer months, harvesting occurs in Australia and Central and South America. Market Analysis and Insights: Global Macadamia Nuts Market The global Macadamia Nuts market is valued at US$ 1315 million in 2019. The market size will reach US$ 1782.8 million by the end of 2026, growing at a CAGR of 4.5% during 2021-2026. Global Macadamia Nuts Scope and Market Size Macadamia Nuts market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Macadamia Nuts market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027. Segment by Type Nuts without Shell Nuts in Shell Segment by Application Snack Food Confectionery and Bakery Cosmetics Other Application By Company Marquis Macadamias Golden Macadamias Mauna Loa Macadamia Nut Corp Buderim Group Kenya Nut Company Nambucca Macnuts Ivory Macadamias Eastern Produce Hamakua Macadamia Nut Company By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Asia-Pacific China Japan South Korea India Australia Taiwan Indonesia Thailand Malaysia Philippines Vietnam Latin America Mexico Brazil Argentina Middle East & Africa Turkey Saudi Arabia
1 Study Coverage 1.1 Macadamia Nuts Product Introduction 1.2 Market by Type 1.2.1 Global Macadamia Nuts Market Size Growth Rate by Type 1.4.2 Nuts without Shell 1.4.3 Nuts in Shell 1.3 Market by Application 1.3.1 Global Macadamia Nuts Market Size Growth Rate by Application 1.3.2 Snack Food 1.3.3 Confectionery and Bakery 1.3.4 Cosm
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About this Report
Report ID 359159
Category
  • Food and Beverages
Published on 21-Oct
Number of Pages 117
Publisher Name QY Research
Editor Rating
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