The North America Macadamia Butter Market is expected to witness market growth of 10.2% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 517.84 tonnes, showcasing a growth of 8.9% (2020-2023).
Raw macadamia butter is gaining popularity among health-conscious consumers who prefer minimally processed products. By skipping the roasting process, raw macadamia butter retains more of the nut's natural nutrients, including healthy fats, antioxidants, and vitamins. Thus, the Canada market is expected to utilize 72.18 tonnes of raw macadamia butter by 2031.
The US market dominated the North America 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 $75.52 millions by 2031. The Canada market is experiencing a CAGR of 12.2% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 11.6% during 2024-2031.
As health-conscious consumers move away from highly processed foods, macadamia butter becomes an attractive option for those looking for a natural, nutritious alternative to traditional spreads. Its composition often consists of a single ingredient - macadamia nuts - allowing it to meet the demands of individuals seeking foods that are free from artificial ingredients or chemical additives.
Moreover, this focus on natural, whole foods has driven the popularity of macadamia butter, particularly in organic markets and health food stores, where consumers prioritize purity and simplicity in their food choices.
Across North America, the macadamia butter market is driven by diverse factors, such as evolving dietary preferences, the expansion of online retail, and increased consumer spending on premium foods. The region has witnessed a broad shift toward health-conscious eating habits, with macadamia butter benefiting from its association with nutritious, plant-based fats. The development of e-commerce has also allowed more niche products to reach a wider audience, significantly contributing to the expansion of this market in North America.
Raw macadamia butter is gaining popularity among health-conscious consumers who prefer minimally processed products. By skipping the roasting process, raw macadamia butter retains more of the nut's natural nutrients, including healthy fats, antioxidants, and vitamins. Thus, the Canada market is expected to utilize 72.18 tonnes of raw macadamia butter by 2031.
The US market dominated the North America 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 $75.52 millions by 2031. The Canada market is experiencing a CAGR of 12.2% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 11.6% during 2024-2031.
As health-conscious consumers move away from highly processed foods, macadamia butter becomes an attractive option for those looking for a natural, nutritious alternative to traditional spreads. Its composition often consists of a single ingredient - macadamia nuts - allowing it to meet the demands of individuals seeking foods that are free from artificial ingredients or chemical additives.
Moreover, this focus on natural, whole foods has driven the popularity of macadamia butter, particularly in organic markets and health food stores, where consumers prioritize purity and simplicity in their food choices.
Across North America, the macadamia butter market is driven by diverse factors, such as evolving dietary preferences, the expansion of online retail, and increased consumer spending on premium foods. The region has witnessed a broad shift toward health-conscious eating habits, with macadamia butter benefiting from its association with nutritious, plant-based fats. The development of e-commerce has also allowed more niche products to reach a wider audience, significantly contributing to the expansion of this market in North America.
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)
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Macadamia Butter Market by Nature
Chapter 5. North America Macadamia Butter Market by Form
Chapter 6. North America Macadamia Butter Market by Application
Chapter 7. North America Macadamia Butter Market by Country
Chapter 8. Company Profiles
Companies Mentioned
Some of the key companies profiled in this North America 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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