Press release
Global Macadamia Market 2023 Business Growth, Future Outlook, Industry Insights And Forecast To 2032 | Major Players Are Camellia PLC, C. Brewer and Company Ltd.,Golden Macadamias, Castle & Cooke, Buderim Ginger
Macadamia Market
The Business Research Company's Macadamia Global Market Report 2023 identifies increasing consumption of nuts and dried fruits as the major driver for the Macadamia Market's growth in the forecast period. Nuts and dried fruits encompass a variety of edible plant-based products, including seeds and fruits that have been dehydrated, offering a concentrated source of nutrients, flavors, and textures commonly consumed as a healthy snack or utilized in culinary preparations. Macadamia nuts and dried fruits provide numerous health benefits, including essential nutrients, promoting heart health, aiding in weight management, and contributing to overall well-being.
The global macadamia market is expected to grow from $1.11 billion in 2022 to $1.24 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The macadamia market is expected to reach $1.86 billion in 2027 at a CAGR of 10.6%.
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Major competitors in the macadamia market are Camellia PLC, C. Brewer and Company Ltd.,Golden Macadamias, Castle & Cooke, Buderim Ginger, Mauna Loa Macadamia Nut Corporation, Marquis Macadamias Ltd., Hawaiian Host Group, Kenya Nut Company, Marquis Group, MacFarms, Hamakua Macadamia Nut Company, MWT Foods, T.M. Ward Coffee Company, Superior Nut Company, Buderim Group Limited, Nambucca Macnuts Pty Ltd., Ivory Macadamias Pty Ltd., Eastern Produce Kenya Ltd., Wondaree Macadamia Nuts, North Shore Macadamia Nut Company, Dr. Paul's Kona Coffee Company, Royal Macadamia Pty Ltd., Makua Coffee Company, Royal Macadamia (Pty) Ltd, Maquis Macadamias, Royal Iolani, and Wondaree Macadamias Nuts.
A key trend in the Macadamia Market includes Innovation in organic based products. Major companies operating in the macadamia market are focused on introducing innovative products to sustain their position in the market. For instance, in February 2023, PlantBaby, a US-based food and beverage company, launched Mac Nut Kiki Milk, the first all-organic and clean-label macadamia nut milk. Mac Nut Kiki Milk, available in shelf-stable 32-oz. cartons, is made entirely with organic whole foods and superfoods, and each serving has more macadamia nuts than its competitors. Mac Nut Kiki Milk is wholly organic and free of common allergens like soy and gluten, seed oils, gums, refined sugars, and artificial and natural flavors, like all other PlantBaby products.
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The Macadamia Market is segmented -
By Nature: Organic, Conventional
By Form: Raw, Processed, Oil
By Distribution Channel: Direct, Indirect
By End Use: Residential, Commercial, Industrial, Food Industry, Cosmetic And Personal Care
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Macadamia Market.
The Business Research Company's "Global Macadamia Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Macadamia Market Include:
1. Executive Summary
2. Macadamia Market Characteristics
3. Macadamia Market Trends And Strategies
4. Macadamia Market - Macro Economic Scenario
5. Global Macadamia Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Macadamia Market Competitive Benchmarking
33. Global Macadamia Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Macadamia Market
35. Macadamia Market Future Outlook and Potential Analysis
36. Appendix
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