Europe Macadamia Nut Market By Processing (Conventional and Organic), By Product (Raw, Roasted and Coated), By Distribution Channel (Offline and Online), By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Europe Macadamia Nut Market would witness market growth of 11.3% CAGR during the forecast period (2021-2027).
Macadamia nuts are consumed in various forms like fresh, cooked, or processed. In addition, macadamia nuts are available in varieties like chocolate-coated, honey-roasted, wasabi-flavored, roasted & salted, and roasted. Comparatively, people prefer dry-roasted nuts over oil-roasted macadamia nut kernels as they contain endogenous macadamia oil.
Europe is one of the major regions importing macadamia nuts. The European Macadamia Nut market is expected to witness an increase in the annual growth rate in the upcoming years. This surge is attributed to the attractive & unique taste of macadamia nuts along with the health. In addition, the growing utilization of macadamia nuts in the food processing industry is accounted to fuel the market growth in Europe. Fruit & nut bars, cereal & protein bars, and ice cream toppings are some of the fastest-growing products, which uses macadamia nuts as an ingredient in Europe.
The harvested crop volumes and price situation are influencing import volumes rather than fluctuations in demand. Whereas, the demand for macadamia nuts in this region is still constant. Moreover, macadamia nuts are more expensive nuts in comparison to the other nuts available in the market. Further, Spain is also one of the biggest consumers of macadamia nuts in Europe. Hence, Europe is projected to witness massive demand for macadamia nut, thereby bolstering the growth of the regional macadamia nut market.
The Germany market dominated the Europe Roasted Market by Country in 2020, thereby, achieving a market value of $58.1 million by 2027. The UK market is exhibiting a CAGR of 9.8% during (2021 - 2027). Additionally, The France market is poised to witness a CAGR of 12.3% during (2021 - 2027).
Based on Processing, the market is segmented into Conventional and Organic. Based on Product, the market is segmented into Raw, Roasted and Coated. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Macadamia Nut Market Size will Hit $USD 2.8 Billion by 2027, at a CAGR of 11.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hawaiian Host Group (HHML Acquisition LLC), Health and Plant Protein Group Limited, Hamakua Macadamia Nut Company, North Shore Macadamia Nut Company, Superior Nut Company, Inc., Treat Of The Day LLC (Macadamia.US), Makua Coffee Company, T.M. Ward Coffee Company, Inc. and Dr. Paulo’s Kona Coffee & Macadamia Nut Farms.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Hawaiian Host Group (HHML Acquisition LLC)
- Health and Plant Protein Group Limited
- Hamakua Macadamia Nut Company
- North Shore Macadamia Nut Company
- Superior Nut Company, Inc.
- Treat Of The Day LLC (Macadamia.US)
- Makua Coffee Company
- T.M. Ward Coffee Company, Inc.
- Dr. Paulo’s Kona Coffee & Macadamia Nut Farms
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