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Demand for Macadamia is anticipated to Surge at 11.2% CAGR through 2033, Value might cross US$ 5.08 billion

Australia's macadamia nut industry boasts 6 million trees across 16,000 hectares, nurtured by 850 devoted growers.NEWARK, Del, Oct. 17, 2023 (GLOBE NEWSWIRE) -- By the end of 2022, the worldwide demand for macadamia was estimated to be around US$ 2.2 billion. Further, the net revenue from total macadamia nuts sales globally in 2023 is anticipated to be about US$ 2.37 billion. The entire market value is predicted to rise at an 11.2% annual growth rate between 2023 and 2033. Finally, the glob...
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Source: yahoo.com

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