The Macadamia Global Market Report 2023, provides comprehensive information on the macadamia market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/macadamia-global-market-report
As per The Business Research Company’s Macadamia Global Market Report 2023, the market is expected to grow from $1.11 billion in 2022 to $1.24 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The macadamia market is expected to reach $1.86 billion in 2027 at a CAGR of 10.6%.
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Innovation in organic based products are a key trend gaining popularity in the macadamia market. Major companies operating in the macadamia market are focused on introducing innovative products to sustain their position in the market. For instance, in February 2023, PlantBaby, a US-based food and beverage company, launched Mac Nut Kiki Milk, the first all-organic and clean-label macadamia nut milk. Mac Nut Kiki Milk, available in shelf-stable 32-oz. cartons, is made entirely with organic whole foods and superfoods, and each serving has more macadamia nuts than its competitors. Mac Nut Kiki Milk is wholly organic and free of common allergens like soy and gluten, seed oils, gums, refined sugars, and artificial and natural flavors, like all other PlantBaby products.
The macadamia market is segmented:
1) By Nature: Organic, Conventional
2) By Form: Raw, Processed, Oil
3) By Distribution Channel: Direct, Indirect
4) By End Use: Residential, Commercial, Industrial, Food Industry, Cosmetic And Personal Care
North America was the largest region in the macadamia market in 2022.
The table of contents in TBRC’s macadamia market report includes:
1. Executive Summary
2. Macadamia Market Characteristics
3. Macadamia Market Trends And Strategies
4. Macadamia Market – Macro Economic Scenario
5. Global Macadamia Market Size and Growth
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26. South America Macadamia Market
27. Brazil Macadamia Market
28. Middle East Macadamia Market
29. Africa Macadamia Market
30. Macadamia Market Competitive Landscape And Company Profiles
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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