Global Macadamia Market Expected to Grow at a CAGR of 7.5% During 2018-2028
Widespread consumption of dried fruits and nuts worldwide is expected to be the major influencing factor behind the growth of the macadamia market throughout the forecast period 2018 to 2028. This is particularly true in developed countries owing to a relatively high consumption rate. In addition, the growing trend of veganism, growing demand for plant based foods and the reduction in the consumption of red meat worldwide are expected to also contribute positively to the demand for macadamia.
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