The North America Macadamia Nut Market would witness market growth of 10.1% CAGR during the forecast period (2021-2027).
Macadamia nuts are the best ingredient for confectionery products as they provide a buttery taste. The applications of macadamia nuts are constantly increasing in several dietary and breakfast recipes due to their high nutritional content. In addition, its nutritive value is surging its application in numerous skincare and cosmetic products.
These nuts contain a high level of antioxidants that help in neutralizing free radicals. Free radicals are unstable molecules that can damage cells and increase the chances of diabetes, heart disease, and Alzheimer’s disease. In addition, these nuts also possess the highest levels of flavonoid of all tree nuts. Additionally, antioxidant helps in lowering cholesterol levels and fighting inflammation. Moreover, macadamia nuts are also enriched with tocotrienols. Tocotrienols are a type of vitamin E containing antioxidant properties that lower cholesterol levels. These compounds are helpful in reducing the occurrences of brain diseases and cancer.
In the current scenario, North America is considered as one of the global leaders in the macadamia nut market. This region is experiencing high acceptance of a healthy lifestyle among the population due to which, there is a surge in the demand for organic products in daily diet. The fitness industry has also gained its position in this region because of a significant social inclination towards health. In addition, this region is seen as the most productive region of macadamia nuts, which is supporting the supply of macadamia nuts across the globe.
Macadamia nuts are gaining popularity in various countries of North America as a valuable source of nutrients that offers a wide range of health benefits. One of the major benefits of macadamia nuts is their high-fat content. People in this region are increasingly inclining towards the consumption of macadamia nuts as they reduce the risk of cardiovascular diseases, metabolic syndrome, and diabetes. Also, people are focusing on consuming macadamia nuts as they are valued for their buttery flavor, subtle, velvety-soft crunch texture and their oil profile, and high in monounsaturated fats. Therefore, it is anticipated that this region will witness a high number of growth opportunities over the forecast period.
The US market dominated the North America Organic Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $64.1 million by 2027. The Canada market is experiencing a CAGR of 13.8% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 12.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Macadamia Nut Market is Estimated 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.
By Processing
By Product
By Distribution Channel
By Country
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