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Growing demand for healthy edible oil and surging applications in cosmetics & personal care products the growth of the global Macadamia Oil market at a CAGR of 5.15% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published a cooked research report on the “global Macadamia Oil market” that contains the information from 2018 to 2032. 


The Macadamia Oil market is estimated to register a CAGR of 5.15% during the forecast period of 2024 to 2032.


MRFR recognizes the following companies as the key players in the global Macadamia Oil market including Cargill, Incorporated, Croda International Pic, Gustav Heess GmbH, Marquis Macadamias Ltd, International Flavors & Fragrances Inc., All Organic Treasures GmbH, Jindilli Inc., Plenty Foods Pty Ltd, Nambucca Macnuts Pty Ltd., and Mosselman S.A.


Market Highlights


The global Macadamia Oil market is accounted for to register a CAGR of 5.15% during the forecast period and is estimated to reach USD 309.79 million by 2032.


The escalating usage of macadamia oil in the food industry has become a key catalyst for its robust growth, reshaping culinary landscapes and consumer preferences. As the culinary world witnesses a paradigm shift towards healthier and more diverse cooking options, macadamia oil has emerged as a prized ingredient, elevating dishes across various cuisines. Renowned for its unique flavor profile, macadamia oil has found favor among chefs and home cooks alike, imparting a delicate nutty essence to dishes. Its high smoke point, a crucial attribute for cooking oils, makes it suitable for a myriad of culinary applications, including sautéing, roasting, and frying. This versatility positions macadamia oil as an asset in professional kitchens and households, bridging the gap between culinary innovation and health-conscious cooking. Moreover, the oil's nutritional richness, characterized by high levels of monounsaturated fats and antioxidants, aligns seamlessly with the contemporary emphasis on wellness and mindful eating. Health-conscious consumers are increasingly seeking alternatives that not only enhance the taste of their meals but also contribute to their overall well-being. The food industry's recognition of macadamia oil as a premium ingredient underscores a broader trend toward elevating the quality and nutritional value of offerings. From gourmet restaurants to health-focused eateries, the adoption of macadamia oil reflects a broader shift in culinary practices, where ingredients are chosen not only for taste but also for their health benefits. As this trend gains momentum, the increasing usage of macadamia oil is poised to drive sustained growth in the food industry, offering a flavorful and health-conscious choice for conscious consumers. The growing demand for healthy cooking oils has become a pivotal driver in the flourishing market for macadamia oil, positioning it as a preferred choice among health-conscious consumers. In recent years, a paradigm shift in dietary preferences has been observed, with individuals increasingly prioritizing wholesome and nutritious options in their culinary choices. Macadamia oil, celebrated for its remarkable nutritional profile and numerous health benefits, has emerged as a front-runner in meeting this demand for healthier cooking alternatives. One of the key factors contributing to the rise of macadamia oil is its high content of monounsaturated fats, particularly oleic acid. This type of fat is considered heart-healthy and has been associated with a range of positive effects on cardiovascular health. As consumers become more educated about the impact of dietary choices on their well being, the preference for oils with health-promoting attributes has intensified, propelling macadamia oil into the spotlight. Furthermore, the oil's composition includes antioxidants, adding another layer to its nutritional appeal. Antioxidants have a main role in counteracting free radicals in the body, aiding overall health and potentially decreasing the risk of several health ailments. The nutritional richness of macadamia oil aligns seamlessly with the contemporary emphasis on preventive health measures through mindful dietary selections. Besides that, macadamia oil's versatility in culinary applications has also played a pivotal role in its market growth. Beyond its use as a cooking/edible oil, it has found a place in salad dressings, marinades, and various recipes, adding a distinctive flavor profile to dishes. This adaptability resonates with consumers seeking both health and culinary excellence in their food choices. These are the major factors that have escalated the demand for edible oils, and the global analysis associated with the edible oils market from 2018-2028 has been represented below.


Access full report @ https://www.marketresearchfuture.com/reports/macadamia-oil-market-21549


Segment Analysis


The global Macadamia Oil market has been segmented based on category, nature, application, end user, and distribution channel.


Based on category, the market is segmented into refined and cold pressed. The refined were attributed to holding the largest market share in 2023, with a market share of ~ 82.92% revenue, as estimated by MRFR analysts. Refined macadamia oil is a refined oil with high oxidative stability that is made from Macadamia integrifolia seeds through cold pressing. It contains fatty acids as well as holds nourishment properties. A colorless to pale yellow liquid, refined macadamia oil is soluble in other oils but insoluble in water. Moreover, the wide usage of refined macadamia oil in the personal care as cosmetic industry owing to the various benefits associated with its usage is likely to boost its market growth in the upcoming years.


Based on nature, the global Macadamia Oil market has been segmented into organic and conventional. The conventional segment was expected to hold the largest market share in 2023. contributing around ~79.00% to the market revenue. It is expected to surpass its current market value in 2022 by 1.5 times by 2032. The primary reason conventional macadamia oil accounted for the largest share in 2022 was its ease of availability. Compared to organic macadamia oil, conventional macadamia oil is more affordable and readily available on the market. The production of conventional macadamia oil involves the application of different chemical fertilizers, which boost yield quickly.


Based on application, the global Macadamia Oil market has been segmented into Food & Beverage and personal care. The Food & beverage segment was expected to hold the largest market share in 2023. contributing around ~ 83.92% to the market revenue. The wide usage of macadamia oil in various foods and beverages coupled with the increased consumption of various types of food and beverages is likely to boost its market growth in the upcoming years. As a part of this, macadamia oil's smooth, buttery flavor makes it a fantastic foundation for salad dressings, and its high smoke point makes it suitable for high-heat cooking methods like roasting, baking, and frying as well as adding flavor in coffee. In baking, it can even be used in place of butter. Above all, it has some excellent health benefits that make it simple and quick to increase the amount of nutrients in any meal or snack.


Based on end users, the global Macadamia Oil market has been segmented into residential, commercial, and industrial. The commercial segment was expected to hold the largest market share in 2023. contributing around ~ 52.83% to the market revenue. The commercial segment usually comprises hotels, restaurants, cafes, small scale ice-cream manufacturer, artisanal manufacturers and many more. The growing visit of consumers in various types of commercial sectors as well as the convenience of ordering food online for the consumption of various types of food such as cakes, ice-cream, chocolates, and many more is likely to boost its market growth in the upcoming years.


Based on distribution channel, the global Macadamia Oil market has been segmented into B2B and B2C. The B2B segment was expected to hold the largest market share in 2023. A transaction between businesses is known as a business-to-business (B2B) transaction, or simply a B-to-B transaction. Examples include a transaction between a manufacturer and a wholesaler or a wholesaler and a retailer. The term "business-to-business" describes exchanges that occur between companies as opposed to between a company and a particular customer. The presence of various major players operating in the bakery and confectionary industry usually uses B2B channels for purchasing macadamia oil which is widely used in various products such as cakes, chocolates and many more would eventually open up huge opportunities for its market growth in the upcoming years.


Regional Analysis


The global Macadamia Oil market, based on region, has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The North America consists of US, Canada, and Mexico. The Europe Macadamia Oil market comprises of Germany, UK, Italy, Spain, France, Belgium & Luxembourg, Austria, Nordics, Russia, Poland, Netherlands, and Rest of Europe. The Macadamia Oil market in Asia-Pacific has been segmented into China, Japan, India, South Korea, and the rest of Asia-Pacific, and The South America consist of UAE, Saudi Arabia, South Africa, and Rest of the Middle East.


The North America region's Macadamia Oil market is expanding significantly, the surge in demand is attributed to the improving standards of living in countries like US, Canada, and Mexico. The region accounted for a market share of 35.59% in 2023 and is expected to register a CAGR of 5.64% during the forecast period. The North America region usually includes countries such as the US, Canada, and Mexico. The presence of key players across the region providing macadamia oil coupled with the growing expansion policies adopted by them is likely to boost its market growth. For instance, Cargill Incorporated provides the best macadamia culls used to make Floramac Macadamia Oil Refined, which has a high palmitoleic acid content. This fatty acid is structurally similar to the most abundant fatty acid on human skin.


The Asia Pacific is expected to secure the largest market share. The growing strategies adopted by major players operating across the country to strengthen the macadamia oil sector are likely to boost its market growth in the future. For instance, in May 2020, Proteco Oils, the world's largest producer of macadamia oil and a locally owned and operated producer of nut oils and pastes, recently started the first phase of a USD 24 million expansion project in Kingaroy. A brand-new, cutting-edge processing facility will be built as part of the project, with backing from all tiers of government, to accommodate the company's anticipated 150% future growth. The facility, the first of its kind in Australia, will be built with advanced automation to boost productivity and lower energy and processing waste. Operators will, whenever feasible, be moved into control rooms rather than the factory floor to increase safety and maximize real-time data during production.


Key Findings of the Study



  • The global Macadamia Oil market is expected to reach USD 309.79 million by 2032, at a CAGR of 5.15% during the forecast period.

  • The North America region accounted for the fastest-growing global market, as it has region's large manufacturing and logistics industries.

  • Based on distribution channel, the B2B was attributed to holding the largest market in 2023, with an approximate market share of 2%%.

  • The key players in the market Cargill, Incorporated, Croda International Pic, Gustav Heess GmbH, Marquis Macadamias Ltd, International Flavors & Fragrances Inc., All Organic Treasures GmbH, Jindilli Inc., Plenty Foods Pty Ltd, Nambucca Macnuts Pty Ltd., and Mosselman S.A.

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Report details
Base Year 2020
Companies Covered 15
Pages 128
Certified Global Research Member
Esomar23 wcrc
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