Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.12 Billion | USD 2.1 Billion | 10.9% | 2022 |
FrequentlyAsked Questions
The growing awareness about the benefits of macadamia nuts is one of the major factors driving the growth of the market. Macadamia is a rich source of numerous essential nutrients and is also known to lower heart disease risks, which is making the customers attracted to macadamia nuts.
According to the Market Research report, the global macadamia market was worth around USD 1129.5 million in 2021 and is estimated to grow to about USD 2101.239287 million by 2028, with a compound annual growth rate (CAGR) of approximately 10.9 percent over the forecast period.
The Asia Pacific dominated the market and held a share of more than 40%. The growing awareness of diets rich in nutrients and protein, along with the rising inclusion of tree nuts in diets across the Asia Pacific region, is expected to drive the Asia Pacific market. In the Asia Pacific region, Australia has been the largest producer of the macadamia market. It is followed by North America and Europe.
Some of the main competitors dominating the global macadamia market include - Hawaiian Host Group; Health and Plant Protein Group Limited; Superior Nut Company, Inc.; Hamakua Macadamia Nut Company; North Shore Macadamia Nut Company; T.M. Ward Coffee Company; Makua Coffee; Macadamia.US; and Mac's Nut Co. of Hawaii.
RelatedNews
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed