Macadamia Market Growth Driven by Asia-Pacific Demand and Organic Segment Expansion
• SkyQuest projects global macadamia market to reach USD 3.42 billion by 2031, growing at 9.3% CAGR amid rising demand for plant-based foods
• Macadamia nuts gaining popularity for health benefits and unique taste; used widely in foods like breads, desserts, etc.
• Asia-Pacific held 32.4% market share in 2022 on back of growing quality of life and macadamia consumption in China, Japan, South Korea
• Coated macadamia nuts dominate with 80.2% share in 2022 due to longer shelf life and availability
• Organic macadamia segment to expand at 9.9% CAGR during 2024-2031 owing to consumer demand for produce with higher nutrient content