Top 3 Emerging Trends Impacting the Global Macadamia Market From 2017-2021: Technavio

May 31, 2017

#Food--Technavio’s latest report on the global macadamia market provides an analysis on the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

The research study by Technavio on the global macadamia market for 2017-2021 provides a detailed industry analysis based on the application (food and beverage industry; and cosmetics and personal care industry), distribution channel (supermarkets and hypermarkets, health food stores, and convenience stores), and geography (APAC, the Americas, and EMEA).

Macadamia belongs to a plant family Proteaceae, and are commercially used as nuts. It is native to northeastern New South Wales and central and south-eastern Queensland. Technavio analysts forecast the global macadamia market to grow to 57,881 metric tons by 2021, at a CAGR of more than 3% over the forecast period.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

The top three emerging trends driving the global macadamia market according to Technavio food and beverage research analysts are:

Increasing strategic alliances
Growing focus on using macadamia for energy production
Increasing demand from Asian markets

Increasing strategic alliances

“Consolidation of companies and formation of partnerships is creating a strong future for the market, with the partnered companies being able to utilize the expertise of all the partners involved,” says Akash Pandey, a lead analyst at Technavio for food research.

For instance, North Coast Local Land Services and the Australian Macadamia Society signed a partnership agreement to support the production of macadamia in the North Coast of New South Wales, Australia. This agreement ensures that macadamia farmers have access to the best information and all the details that they require for developing their business and the North Coast economy.

Growing focus on using macadamia for energy production

Macadamia shells can be used to make briquettes as these are active carbon sources. When the shell briquettes are burnt at high temperature, carbon and charcoal are formed. Also, the surface of these shells is highly porous, making them suitable for air and water purification. A company called Royal Macadamia has introduced biodiesel, cattle feed, and material for compost derived from macadamia. It is also possible to use macadamia shells in powdered form as a compost as they contain nutrients and minerals, which are essential for the soil. The wide array of energy applications of macadamia is resulting in its rising adoption.

Increasing demand from Asian markets

The Asian marketspace presents a strong potential market for macadamias, as there is a strong demand for these products in the region. The demand is much greater than the supply, providing vendors a very good opportunity to increase market penetration and shares. Asian nations are not only keen on consuming macadamia nuts but are also seeking Australia’s expertise to produce macadamia.

“Countries such as China, South Korea, and Taiwan associate macadamia consumption and usage with beauty and health. Macadamia also has a strong demand in the Japanese market as they consider premium food products as an attractive gift for friends and families,” says Akash.

Browse Related Reports:

Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like food service, alcoholic beverages, and non-alcoholic beverages. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

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LONDON–(BUSINESS WIRE)–#Food–Technavio’s latest report on the global
macadamia market provides an analysis on the most
important trends expected to impact the market outlook from 2017-2021. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.

The research study by Technavio on the global
macadamia market for 2017-2021 provides a detailed industry
analysis based on the application (food and beverage industry; and
cosmetics and personal care industry), distribution channel
(supermarkets and hypermarkets, health food stores, and convenience
stores), and geography (APAC, the Americas, and EMEA).

Macadamia belongs to a plant family Proteaceae, and are
commercially used as nuts. It is native to northeastern New South
Wales and central and south-eastern Queensland. Technavio analysts
forecast the global macadamia market to grow to 57,881 metric tons
by 2021, at a CAGR of more than 3% over the forecast period.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

The top three emerging trends driving the global macadamia market
according to Technavio food
and beverage research analysts are:

Increasing strategic alliances
Growing focus on using macadamia for energy production
Increasing demand from Asian markets

Increasing strategic alliances

“Consolidation of companies and formation of partnerships is
creating a strong future for the market, with the partnered companies
being able to utilize the expertise of all the partners involved,” says
Akash Pandey, a lead analyst at Technavio for food
research.

For instance, North Coast Local Land Services and the Australian
Macadamia Society signed a partnership agreement to support the
production of macadamia in the North Coast of New South Wales,
Australia. This agreement ensures that macadamia farmers have access to
the best information and all the details that they require for
developing their business and the North Coast economy.

Growing focus on using macadamia for energy production

Macadamia shells can be used to make briquettes as these are active
carbon sources. When the shell briquettes are burnt at high temperature,
carbon and charcoal are formed. Also, the surface of these shells is
highly porous, making them suitable for air and water purification. A
company called Royal Macadamia has introduced biodiesel, cattle feed,
and material for compost derived from macadamia. It is also possible to
use macadamia shells in powdered form as a compost as they contain
nutrients and minerals, which are essential for the soil. The wide array
of energy applications of macadamia is resulting in its rising adoption.

Increasing demand from Asian markets

The Asian marketspace presents a strong potential market for macadamias,
as there is a strong demand for these products in the region. The demand
is much greater than the supply, providing vendors a very good
opportunity to increase market penetration and shares. Asian nations are
not only keen on consuming macadamia nuts but are also seeking
Australia’s expertise to produce macadamia.

“Countries such as China, South Korea, and Taiwan associate
macadamia consumption and usage with beauty and health. Macadamia also
has a strong demand in the Japanese market as they consider premium food
products as an attractive gift for friends and families,” says
Akash.

Browse Related Reports:

Become a Technavio
Insights member and access all three of these reports for a
fraction of their original cost. As a Technavio Insights member, you
will have immediate access to new reports as they’re published in
addition to all 6,000+ existing reports covering segments like food
service, alcoholic
beverages, and non-alcoholic
beverages. This subscription nets you thousands in savings,
while staying connected to Technavio’s constant transforming research
library, helping you make informed business decisions more efficiently.

About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 630 333 9501
UK: +44 208 123 1770
www.technavio.com