The macadamia nut industry is young and developing at a rapid pace because of growing global market demand. As a "superfood", macadamias are good for human health and for investment portfolios. In SA, macadamias are one of the fastest-growing agricultural crops, with more than 3,500ha of new plantings established annually over the past two seasons. Agricultural companies make up 4.3% of market cap on the JSE and include stalwarts Senwes and Kaap Agri as well as Crookes Brothers, which expanded its sugar cane, banana and deciduous offerings by entering the macadamia industry in 2012. Global macadamia supply levels represent only 1.2% of the overall tree nut volume that is marketed every year, having risen 46% over the past 10 years. SA, Australia and Kenya lead global production by making up almost 70% of global supply. Further heavy investment in macadamia by farmers could lead to a 300% increase of global supply in the decade to come, according to a recent report from the Internati...

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