W40: Macadamia Update

In W40 in the macadamia landscape, the global macadamia nut market, valued at USD 1902.95 million in 2022, is poised for significant growth in the coming years. Projections indicate that it will experience a robust compound annual growth rate (CAGR) of 10.33% from 2022 to 2028. As a result, the market is expected to expand substantially, reaching an estimated size of USD 3432.35 million by the end of 2028. This anticipated growth is driven by various factors, including increasing consumer awareness of the nutritional benefits of macadamia nuts and growing demand in both established and emerging markets worldwide.