Press release
Macadamia Market Size Forecasted To Achieve $2.28 Billion By 2029 With Steady Growth
The Macadamia Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Macadamia Market Size and Projected Growth Rate?
The market for macadamias has expanded at a rapid rate in the previous years. The estimated growth sees an increase from $1.38 billion in 2024 to $1.54 billion in 2025 with a compounded annual growth rate (CAGR) of 11.3%. This significant expansion in the past years is a result of heightened consumer knowledge, increasing health concerns, global trading developments, trends and uses in cooking, and spreading of macadamia farming.
In the coming years, the macadamia industry is positioned for speedy expansion, with the market forecast to reach $2.28 billion in 2029, at a CAGR of 10.3%. This growth in the anticipated period can be attributed primarily to factors like increased spending capacity, developments in retail outlets, a shift towards plant-based nutrition, innovative product evolution, commitment to sustainable and ethical practices, and the broadening of usage areas. Major trends to look out for in the expected period include the introduction of new varieties of macadamia products, incorporating them into the health-conscious and premium snack bracket, emphasis on uses of macadamia oil in cooking, continuous innovation for macadamia-infused food items, an inclination towards premiumization, and its projection as a superfood.
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What Are the Major Segments in the Macadamia Market?
The macadamia market covered in this report is segmented -
1) By Nature: Organic, Conventional
2) By Form: Raw, Processed, Oil
3) By Distribution Channel: Direct, Indirect
4) By End Use: Residential, Commercial, Industrial, Food Industry, Cosmetic And Personal Care
Subsegments:
1) By Organic: Raw Organic Macadamia Nuts, Roasted Organic Macadamia Nuts, Organic Macadamia Nut Oil
2) By Conventional: Raw Conventional Macadamia Nuts, Roasted Conventional Macadamia Nuts, Conventional Macadamia Nut Oil
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What Are The Driving Macadamia Market Evolution?
The growth of the macadamia market is anticipated to be fueled by a surge in the consumption of nuts and dried fruits. These edible plant-based products consist of seeds and fruits that have undergone dehydration, thus providing a rich source of nutrients, flavors, and textures. They are often consumed as a nutritious snack or used in cooking. The health benefits of macadamia nuts and dried fruits are numerous, such as providing vital nutrients, encouraging heart health, helping manage weight, and boosting overall health. For example, the International Nut and Dried Fruit Council Foundation, a not-for-profit organization based in Spain, reported in May 2023 that global dried fruit production in the 2021/22 season reached about 3.1 million metric tons. This number slightly rose in the 2022/23 season, surpassing 3.1 million metric tons. Meanwhile, worldwide tree nut production achieved approximately 5.3 million metric tons in the 2022/23 season. Therefore, the rising consumption of nuts and dried fruits is anticipated to propel the macadamia market in the future.
Which Firms Dominate The Macadamia Market Segments?
Major companies operating in the macadamia market include 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, Royal Iolani
What Trends Are Expected to Dominate the Macadamia Market in the Next 5 Years?
The escalating innovation in items based on organic substances is becoming a prominent trend in the macadamia market. Key players in this market are inventing unique products to maintain their market dominance. To illustrate, PlantBaby, an American food and beverage firm, unveiled a new product named Mac Nut Kiki Milk in February 2023. This product marks the inaugural fully organic, clean-label macadamia nut milk. It is available in 32-oz. shelf-stable cartons and made entirely of organic whole foods and superfoods, packing more macadamia nuts per serving than any other competitor. As with all PlantBaby offerings, Mac Nut Kiki Milk is entirely organic and devoid of typical allergens like soy or gluten, seed oils, gums, refined sugars, and artificial as well as natural flavourings.
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Which Is The Largest Region In The Macadamia Market?
North America was the largest region in the macadamia market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the macadamia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Macadamia Market?
2. What is the CAGR expected in the Macadamia Market?
3. What Are the Key Innovations Transforming the Macadamia Industry?
4. Which Region Is Leading the Macadamia Market?
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