LAMEA 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 Latin America, Middle East and Africa Macadamia Nut Market would witness market growth of 12.7% CAGR during the forecast period (2021-2027).
Macadamia nuts are used as a natural ingredient in cosmetic products. In addition, the popularity of natural cosmetics ingredients across the world is surging its market growth. In contrast, the rapid occurrence of natural calamities is leading to crop losses, which has brought variations in the supply chain of macadamia nuts in the world.
The demand of macadamia nut is witnessing a gradual surge in LAMEA. Earlier, people in this region were not much aware of macadamia nuts but with the increase in urbanization in the region, macadamia nuts are gaining popularity. In addition, the benefits offered by these nuts are gaining the focus of the consumers. Additionally, macadamia nuts are a great source of monounsaturated fat, which helps in reducing cholesterol levels. According to research, consumption of an adequate amount of macadamia nuts every day will help in decreasing overall cholesterol level by about 3% after few weeks.
Moreover, the consumption of macadamia nuts also helps in preventing health-related problems like heart failure and heart attack. Further, macadamia nuts also include a high amount of fiber and fats that diminish hunger and provide energy to the body. Based on a study, the consumption of macadamia nuts also has a positive impact on reducing diabetes. As these nuts are enriched with good fats, they help in lowering down the level of sugar in the blood. These factors are anticipated to fuel the demand for regional macadamia nuts market.
The Conventional market dominated the South Africa Macadamia Nut Market by Processing in 2020, thereby, achieving a market value of $36.4 million by 2027. The Organic market is expected to witness a CAGR of 14.3% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Macadamia Nut Market is Predict to reach $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
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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