Macadamia Market Size, Analysis, and Forecast Report: 2016-2026

Macadamia nut was introduced in the early 1960s to the Kenyan highlands from Australia. Macadamia is a member of the family Proteaceae, native to Australia. Australia and Hawaii are the major producing areas of macadamia with others including eastern and southern Africa, and Central and Latin America. Several species of macadamia exist in Australia but only two species such as M. tetraphylla and Macadamia integrifolia and their hybrids are grown commercially. Production of macadamia nuts in Australia is mainly in eastern shore of Australia (northern New South Wales and south-eastern Queensland). Currently, Hawaii is the largest producer of global macadamia, accounting for around 70 percent of total macadamia production worldwide followed by Australia, around 22 percent, rest is produced by other countries including Malawi, South Africa, Kenya, Guatemala, Mexico, California, Costa Rica, Brazil, New Zealand and China.

Tree nuts include almond, cashew, hazelnut, pistachio, walnut, macadamia, and pecan. Currently, macadamia accounts for around only one percent among all the tree nuts available across the globe. Almond nut dominates the nut segment, accounting for around 34 percent. Increasing health claims for macadamia have witnessed a surge in recent years, which if succeeded is expected to increase the consumption of macadamia nuts among consumers.

Request free sample Report:

Global Macadamia Market Segmentation:

On the basis of application the global macadamia market is broadly segmented into food industry, and cosmetics industry. In food industry macadamia is widely used in confectionaries including chocolate bar, chocolate covered candy, ice cream and other baking products. In cosmetics industry it is used in shampoos, sunscreens, soaps and others.

Geographically, global macadamia market is segmented into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific...