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Home Nutraceuticals OR Wellness Food Global
Macadamia Market Expected to Reach USD 3,525.1
Million by 2027
Global Macadamia Market Expected to Reach USD
3,525.1 Million by 2027 Author Growth Market
Reports Published 23 Sep. 2020 According to a
recent market study published by Growth Market
Reports titled, Global Macadamia Market by
Forms, Application, and Region Size, Share,
Trends and Opportunity Analysis, 2017-2027, the
market was valued at USD 2,259.4 Million in 2019
and is expected to grow at a healthy growth rate
of 6.3 by the year 2027. The expansion of the
macadamia market is attributed to factors such as
increase in consumer preference for healthy
foods, growth in vegan diet adoption, and rise in
the disposable income. Moreover, rise in
consumption of dried fruit nuts and growth in
the demand for beauty health products are
expected to further fuel the market. Unfavorable
climatic condition for the production of
macadamia can hamper the market. The global
macadamia market is fragmented based on forms, by
application, and region. Based on types, the
macadamia market is segmented into raw
macadamia, processed macadamia and macadamia oil.
On the basis of applications, the macadamia
market is bifurcated into food and beverage
industry, cosmetics and personal care industry.
Based on region, the global macadamia market is
segmented into North America, Europe, Asia
Pacific, Latin America and Middle East Africa
(MEA). North America region is further bifurcated
into countries such as U.S., and Canada. Latin
America region is further segmented into Brazil,
Mexico, and Rest of Latin America. Asia Pacific
is further segmented into China, Japan, South
Korea, India, Australia, India, Rest of Asia
Pacific(APAC). The Europe region is further
categorized into Germany, Netherlands, France,
Italy, U.K., Spain, Rest of Europe, and the MEA
region is further divided GCC Countries, South
Africa, Kenya, and rest of Middle East Africa
(MEA). Request a free sample copy
https//growthmarketreports.com/request-sample/30
In year 2020, the Macadamia market is expected
to witness the moderate decline due to COVID 19
pandemic for the duration of 2019 to 2020. The
COVID-19 pandemic has had a rapid and serious
impact on the global manufacturing and food and
beverage industry. COVID has caused an economic
uncertainty across the globe. In Asia Pacific
region the China market alone held around 28 of
the market share. Last year about 35 of South
Africa's macadamias were shipped to China. The
import duties decreased by China on macadamias
imported from South Africa imposed restrictions
on agriculture sector. This pandemic has affected
the rate of currency. As per Growth Market
Reports industry analyst Vidya Jadhav, The
Global Macadamia Market is anticipated to witness
significant growth during forecast period
2021-2027 driven by the increase in awareness
regarding a healthy diet in countries such as
India, Japan, and China. Vegan population is
rapidly rising in this region therefore,
companies are launching creative vegan products,
which in turn, is expected to fuel the macadamia
market in the coming years. Moreover, the
increasing focus on consumption of healthy nuts
as a reliable snacks options is anticipated to
create lucrative opportunity for macadamia
market Key Takeaways from the Study Asia
Pacific accounts for a significant share of the
market, followed by North America. The market in
Europe is projected to expand at significant
CAGR during the forecast period due to increasing
demand for macadamia from consumers and rising
import activities from leading macadamia
producing countries. The Macadamia oil segment to
grow at significant CAGR of over 6 during
forecast period due to increasing demand for
macadamia oil from Cosmetics and Personal Care
Industry. Macadamia oil is rich in vitamins,
essential fatty acids, antioxidant, and other
nutrients, which make this oil has superfood for
the skin. Such factors are driving the growth of
oil segment. Report Scope
Report Metric Details
Market Value in 2019 USD 2,259.4 Million
Market Growth Rate (from 2021 to 2027) 6.3

2
Historical Data 2017 2018
Base Year 2019
Forecast Period 2020 - 2027
Units Considered Value (USD Million)
Market Segments By Forms, By Applications
Regional Scope North America, Europe, Latin America, Asia Pacific, Middle East Africa (MEA)
Country Scope U.S., Canada, Brazil, Mexico, Rest of Latin America, India, China, Japan, South Korea, India, Australia, Rest of Asia Pacific, U.K., France, Germany, Italy, Spain, Netherlands, and Rest of Europe, GCC Countries, South Africa, Kenya, Rest of Middle East Africa (MEA).
Key Companies Profiled Hamakua Macadamia Nut Company, MacFarms, LLC, Hawaiian Host, Inc., Kenya Nut Company Ltd, Marquis Macadamia, Ivory Macadamias, Golden Macadamias, Eastern Produce., NAMBUCCA MACNUTS Pty Ltd., and Wondaree Macadamia Nuts
Customization Scope Report customization available on request
Pricing and Purchase Options Avail tailor-made purchase options to meet your research requirements.
Target Audience Supply-side macadamia
manufacturers, raw macadamia manufacturers,
processed macadamia manufacturers, macadamia
oil manufacturers, raw material suppliers,
primary respondents, and distributors. Demand
Side Food and Beverage products manufacturers,
and Cosmetics and Personal Care products
manufacturers. Regulatory Side Commercial
research development (RD) institutions, and
other regulatory bodies Food and Drug
Administration USA, FDA India, Food Safety and
Standards Authority of India (FSSAI), Food
Standards Agency and Japan External Trade
Organization.
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