Report ID: SQMIG30I2377
Report ID:
SQMIG30I2377 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
62 |
Figures:
75
Presently, the Asia-Pacific region is the dominant selling region for macadamia nuts, with Australia being its primary supplier. Thanks to its excellent agricultural environment and expansive farming terrains, Australia monopolizes the macadamia nut producing industry. The region’s developed nut processing and shipping network only raises its place in the global macadamia nut market. The growing knowledge of the nutritional value and cuisine adaptability of macadamia nuts has fueled its demand in the Asia-Pacific region.
Coming closely behind Asia, North America holds the second largest market share in the global macadamia nut market. Since American customers lean toward healthier snacking options, the US makes a huge contribution to the market revenue. The healthy benefits of the macadamia nut coupled with its distinct flavors have spread its demand in North America where there is a growing need for practical and yet delicious meals. In this region the trend of adding nuts to any food, whether it be a salad or baked item, has further pushed the demand for macadamia nuts in North America. This region’s macadamia nut industry continues to expand and contribute largely to the international market.
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Report ID: SQMIG30I2377