Macadamia Nuts Market

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.

Macadamia Nuts Market contains market size and forecasts of Macadamia Nuts in global, including the following market information:

Global Macadamia Nuts Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Macadamia Nuts Market Sales, 2017-2022, 2023-2028, (MT)

Global top five Macadamia Nuts companies in 2021 (%)

The global Macadamia Nuts market was valued at 1220.3 million in 2021 and is projected to reach US$ 1449.4 million by 2028, at a CAGR of 2.5% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Nuts without Shell Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Macadamia Nuts include Marquis Macadamias, Golden Macadamias, Mauna Loa Macadamia Nut Corp, Buderim Group, Kenya Nut Company, Nambucca Macnuts, Ivory Macadamias, Eastern Produce and Hamakua Macadamia Nut Company. etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Macadamia Nuts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Macadamia Nuts Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Macadamia Nuts Market Segment Percentages, by Type, 2021 (%)

Nuts without Shell

Nuts in Shell

Global Macadamia Nuts Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Macadamia Nuts Market Segment Percentages, by Application, 2021 (%)

Snack Food

Confectionery and Bakery

Cosmetics

Other Application

Global Macadamia Nuts Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (MT)

Global Macadamia Nuts Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Macadamia Nuts revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Macadamia Nuts revenues share in global market, 2021 (%)

Key companies Macadamia Nuts sales in global market, 2017-2022 (Estimated), (MT)

Key companies Macadamia Nuts sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Marquis Macadamias

Golden Macadamias

Mauna Loa Macadamia Nut Corp

Buderim Group

Kenya Nut Company

Nambucca Macnuts

Ivory Macadamias

Eastern Produce

Hamakua Macadamia Nut Company