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.
Market Analysis and Insights: Global Macadamia Nuts Market
The global Macadamia Nuts market is valued at US$ 1315 million in 2019. The market size will reach US$ 1782.8 million by the end of 2026, growing at a CAGR of 4.5% during 2021-2026.
Global Macadamia Nuts Scope and Market Size
Macadamia Nuts market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Macadamia Nuts market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Nuts without Shell
Nuts in Shell
Segment by Application
Snack Food
Confectionery and Bakery
Cosmetics
Other Application
By Company
Marquis Macadamias
Golden Macadamias
Mauna Loa Macadamia Nut Corp
Buderim Group
Kenya Nut Company
Nambucca Macnuts
Ivory Macadamias
Eastern Produce
Hamakua Macadamia Nut Company
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
Summary:
Get latest Market Research Reports on Macadamia Nuts . Industry analysis & Market Report on Macadamia Nuts is a syndicated market report, published as Global Macadamia Nuts Market Insights and Forecast to 2027. It is complete Research Study and Industry Analysis of Macadamia Nuts market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.