The global Macadamia Nut market size is expected to be worth around US$ 6.95 billion by 2030, according to a new report by Vision Research Reports.
The global Macadamia Nut market size was valued at US$ 2.31 billion in 2020 and is anticipated to grow at a CAGR of 15.7% during forecast period 2021 to 2030.
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Growth Factors
The growing public knowledge of the health advantages of nuts and has been a key factor in the market expansion. Macadamia nuts are also used to make macadamia oil, which has become popular among both businesses and consumers. In recent years, there has been a considerable increase in global demand for healthy and nutritious snacks, particularly among the younger generation and the working-class population. People are also migrating away from non-vegetarian protein sources and moving toward plant-based protein sources.
With the growing importance of healthy eating, the market is growing at a faster rate, and consumers are increasingly adopting nuts as a option and incorporating them into their daily meals. Furthermore, organic macadamia is becoming more popular with the increased demand primarily coming from European countries.Macadamia nuts are an Australian native nut. These nuts are the fruits of the macadamia tree, which can be found in eastern Australia.
Report Highlights
In terms of value, raw macadamia nut dominated the market with a share of 56.3% in 2020. The health benefits of macadamia nuts are propelling their widespread adoption. Because of their high-fat content, macadamias have become increasingly popular. Macadamia nuts have the highest fat content of any nut, at 20.9 grams per pound, which is why they were once thought to be unhealthy.
The offline channel dominated the market and captured a share of 90.4% in 2020. The offline sector is booming, thanks to supermarkets’ home delivery and click-and-collect services, which are luring customers to this channel. In addition, the number of convenience stores in strategic places has increased to better serve busy consumers looking for a quick bite to eat.
The online sector is expected to expand at the fastest growth rate of 21.6% from 2021 to 2030. Walmart, Kroger, Amazon, Alibaba Group, Instacart, FreshDirect, ShopFoodEx, Tesco, Sainsbury’s, and Asda Stores Limited are just a few of the major e-commerce portals that sell macadamia nuts.
Asia Pacific dominated the market and held a share of 53.6%. The growing awareness of diets rich in nutrients and protein, along with the increasing inclusion of tree nuts in diets across the Asia Pacific region, is expected to drive the Asia Pacific market. The consumption of macadamia nuts has been increasing in China, Japan, Vietnam, Australia, South Korea, Malaysia, Thailand, and Singapore.
Key Players
| Report Coverage | Details |
| Market Size | US$ 6.95 billion by 2030 |
| Growth Rate | CAGR of 15.7% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Processing, Product, Distribution Channel |
| Regional Scope | North America, Latin America, Europe, Asia Pacific, MEA |
| Companies Mentioned | 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; Mac’s Nut Co. of Hawaii |
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Macadamia Nut Market, By Processing
7.1. Macadamia Nut Market, by Processing, 2021-2030
7.1.1. Conventional
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Organic
7.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Macadamia Nut Market, By Application
8.1. Macadamia Nut Market, by Application, 2021-2030
8.1.1. Raw
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Roasted
8.1.2.1. Market Revenue and Forecast (2016-2030)
8.1.3. Coated
8.1.3.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Macadamia Nut Market, By Distribution Channel
9.1. Macadamia Nut Market, by Distribution Channel, 2021-2030
9.1.1. Online
9.1.1.1. Market Revenue and Forecast (2016-2030)
9.1.2. Offline
9.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 10. Global Macadamia Nut Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Processing (2016-2030)
10.1.2. Market Revenue and Forecast, by Application (2016-2030)
10.1.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Processing (2016-2030)
10.1.4.2. Market Revenue and Forecast, by Application (2016-2030)
10.1.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Processing (2016-2030)
10.1.5.2. Market Revenue and Forecast, by Application (2016-2030)
10.1.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Processing (2016-2030)
10.2.2. Market Revenue and Forecast, by Application (2016-2030)
10.2.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Processing (2016-2030)
10.2.4.2. Market Revenue and Forecast, by Application (2016-2030)
10.2.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Processing (2016-2030)
10.2.5.2. Market Revenue and Forecast, by Application (2016-2030)
10.2.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Processing (2016-2030)
10.2.6.2. Market Revenue and Forecast, by Application (2016-2030)
10.2.6.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Processing (2016-2030)
10.2.7.2. Market Revenue and Forecast, by Application (2016-2030)
10.2.7.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Processing (2016-2030)
10.3.2. Market Revenue and Forecast, by Application (2016-2030)
10.3.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Processing (2016-2030)
10.3.4.2. Market Revenue and Forecast, by Application (2016-2030)
10.3.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Processing (2016-2030)
10.3.5.2. Market Revenue and Forecast, by Application (2016-2030)
10.3.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Processing (2016-2030)
10.3.6.2. Market Revenue and Forecast, by Application (2016-2030)
10.3.6.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Processing (2016-2030)
10.3.7.2. Market Revenue and Forecast, by Application (2016-2030)
10.3.7.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Processing (2016-2030)
10.4.2. Market Revenue and Forecast, by Application (2016-2030)
10.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Processing (2016-2030)
10.4.4.2. Market Revenue and Forecast, by Application (2016-2030)
10.4.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Processing (2016-2030)
10.4.5.2. Market Revenue and Forecast, by Application (2016-2030)
10.4.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Processing (2016-2030)
10.4.6.2. Market Revenue and Forecast, by Application (2016-2030)
10.4.6.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Processing (2016-2030)
10.4.7.2. Market Revenue and Forecast, by Application (2016-2030)
10.4.7.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Processing (2016-2030)
10.5.2. Market Revenue and Forecast, by Application (2016-2030)
10.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Processing (2016-2030)
10.5.4.2. Market Revenue and Forecast, by Application (2016-2030)
10.5.4.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Processing (2016-2030)
10.5.5.2. Market Revenue and Forecast, by Application (2016-2030)
10.5.5.3. Market Revenue and Forecast, by Distribution Channel (2016-2030)
Chapter 11. Company Profiles
11.1. Hawaiian Host Group
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Health and Plant Protein Group Limited
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Superior Nut Company, Inc.
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Hamakua Macadamia Nut Company
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. North Shore Macadamia Nut Company
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. T.M. Ward Coffee Company
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Makua Coffee
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Macadamia.US
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Mac’s Nut Co. of Hawaii
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
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