The Latin America, Middle East and Africa Macadamia Butter Market is expected to witness market growth of 12.5% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 161.82 tonnes, showcasing a growth of 10.6% (2024-2031).
Conventional macadamia butter dominates the market due to its affordability and widespread availability. Produced using standard agricultural methods, this butter is accessible to a larger consumer base. It is primarily targeted at cost-conscious consumers who may prioritize price over organic certifications. Thus, the Saudi Arabia market is expected to utilize 19.21 tonnes of conventional macadamia butter by 2031.
The Brazil market dominated the LAMEA Macadamia Butter Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.59 millions by 2031. The Argentina market is showcasing a CAGR of 14% during 2024-2031. Additionally, the UAE market would register a CAGR of 11.6% during 2024-2031.
Macadamia butter is a spread made from macadamia nuts, which are ground into a smooth, creamy consistency like other nut butter such as peanut, almond, or cashew butter. The rich and buttery flavor of macadamia nuts makes this butter a luxurious and versatile ingredient, offering a distinctive taste profile that sets it apart from more common nut butters.
This butter is renowned for its flavor and its substantial nutritional value. It is a rich source of healthy fats, notably monounsaturated fats, which are recognized for their ability to improve heart health by lowering levels of bad cholesterol
The macadamia butter market in the LAMEA region is witnessing steady growth, driven by rising health consciousness, the growing middle class, and increasing demand for premium and natural food products. In this region, hotels, restaurants, cafés, catering companies, and institutional facilities often require significant quantities of butter for food preparation and service. According to data from the UAE government, the country hosts more than 30,000 food outlets. In 2021, the market valuation of the hotel, restaurant, and institutional sector was $12.3 billion, a nearly 17% increase from the previous year.
Conventional macadamia butter dominates the market due to its affordability and widespread availability. Produced using standard agricultural methods, this butter is accessible to a larger consumer base. It is primarily targeted at cost-conscious consumers who may prioritize price over organic certifications. Thus, the Saudi Arabia market is expected to utilize 19.21 tonnes of conventional macadamia butter by 2031.
The Brazil market dominated the LAMEA Macadamia Butter Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $6.59 millions by 2031. The Argentina market is showcasing a CAGR of 14% during 2024-2031. Additionally, the UAE market would register a CAGR of 11.6% during 2024-2031.
Macadamia butter is a spread made from macadamia nuts, which are ground into a smooth, creamy consistency like other nut butter such as peanut, almond, or cashew butter. The rich and buttery flavor of macadamia nuts makes this butter a luxurious and versatile ingredient, offering a distinctive taste profile that sets it apart from more common nut butters.
This butter is renowned for its flavor and its substantial nutritional value. It is a rich source of healthy fats, notably monounsaturated fats, which are recognized for their ability to improve heart health by lowering levels of bad cholesterol
The macadamia butter market in the LAMEA region is witnessing steady growth, driven by rising health consciousness, the growing middle class, and increasing demand for premium and natural food products. In this region, hotels, restaurants, cafés, catering companies, and institutional facilities often require significant quantities of butter for food preparation and service. According to data from the UAE government, the country hosts more than 30,000 food outlets. In 2021, the market valuation of the hotel, restaurant, and institutional sector was $12.3 billion, a nearly 17% increase from the previous year.
List of Key Companies Profiled
- Artisana Organics (Premier Organics Inc.)
- The Hain Celestial Group, Inc.
- Futters Nut Butters
- Wilderness Poets
- Big Spoon Roasters
- Yumbutter, Inc. (Tribe 9 Foods)
- Carley’s of Cornwall Ltd.
- Tiny Isle
- Torere Macadamias Limited
- Garden Picks Food Manufacturing LLP
Market Report Segmentation
By Nature (Volume, Tonnes, USD Million, 2020-2031)
- Conventional
- Organic
By Form (Volume, Tonnes, USD Million, 2020-2031)
- Roasted
- Raw
By Application (Volume, Tonnes, USD Million, 2020-2031)
- Food and Beverages
- Nutraceuticals
- Cosmetics and Personal Care
- Other Applications
By Country (Volume, Tonnes, USD Million, 2020-2031)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Macadamia Butter Market by Nature
Chapter 5. LAMEA Macadamia Butter Market by Form
Chapter 6. LAMEA Macadamia Butter Market by Application
Chapter 7. LAMEA Macadamia Butter Market by Country
Chapter 8. Company Profiles
Companies Mentioned
Some of the key companies profiled in this LAMEA Macadamia Butter market report include:- Artisana Organics (Premier Organics Inc.)
- The Hain Celestial Group, Inc.
- Futters Nut Butters
- Wilderness Poets
- Big Spoon Roasters
- Yumbutter, Inc. (Tribe 9 Foods)
- Carley’s of Cornwall Ltd.
- Tiny Isle
- Torere Macadamias Limited
- Garden Picks Food Manufacturing LLP
Methodology
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