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Nutmeg is the spice made by grinding the seed of the fragrant nutmeg tree (Myristica fragrans) into powder.The spice has a distinctive pungent fragrance and a warm, slightly sweet taste; it is used to flavor many kinds of baked goods, confections, puddings, potatoes, meats, sausages, sauces, vegetables, and such beverages as eggnog.
The fruit has a fleshy husk. When ripe the husk splits into two halves along a ridge running the length of the fruit. Inside is a purple-brown shiny seed, 2–3 cm (0.8–1.2 in) long by about 2 cm (0.8 in) across, with a red or crimson covering (an aril). The seed is the source of nutmeg; the aril the source of mace. [3] [5]
Myristica is a genus of trees in the family Myristicaceae.There are over 150 species, distributed in Asia and the western Pacific. [2]The type species of the genus, and the most economically important member, is Myristica fragrans (the nutmeg tree), from which mace is also derived.
The Myristicaceae are a family of flowering plants native to Africa, Asia, Pacific islands, and the Americas [3] and has been recognized by most taxonomists. It is sometimes called the "nutmeg family", after its most famous member, Myristica fragrans, the source of the spices nutmeg and mace.
Myristica insipida, commonly known in Australia as Australian nutmeg, Queensland nutmeg or native nutmeg, is a small rainforest tree in the family Myristicaceae native to parts of Malesia, Papuasia and Australia. It is closely related to the commercially-important species of nutmeg, M. fragrans.
Monodora myristica, the calabash nutmeg or African nutmeg, [1] is a tropical tree of the family Annonaceae or custard apple family of flowering plants. It is native to tropical Africa from Sierra Leone in the west to Tanzania. [1] [3] In former times, its seeds were widely sold as an inexpensive nutmeg substitute.
Nutmeg was founded in 2011 by Nick Hungerford (1980–2023) and William Todd. In 2019, The Economist described Nutmeg as a "hit fintech startup" and as being a client of Carta, a firm that keeps track of the stakes in companies. [6] Martin Stead left the company in 2019, following a loss of £18.6 million. Nutmeg has yet to make a profit. [7]
Nutmeg oil is a volatile essential oil from nutmeg (Myristica fragrans). [1] The oil is colorless or light yellow and smells and tastes of nutmeg. [2] It contains numerous components of interest to the oleochemical industry. [3] The essential oil consists of approximately 90% terpene hydrocarbons. [4]