The global demand for Jackfruit Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Jackfruit is an exotic fruit typically cultivated and grown in the tropical regions of the world and is a member of the Moraceae plant family. It is broadly farmed in the South and Southeast Asia countries, including India, Bangladesh, Thailand, Indonesia, and Nepal. Jackfruit is a good source of vitamin C, potassium, dietary fiber, and other vital vitamins and minerals. It was traditionally utilized as a remedy since it provides multiple health benefits, including antioxidant protection, maintaining cardiovascular health, boosting immunity, and anti-inflammatory. Jackfruit is widely consumed as a fruit, but apart from that, it is also used to prepare pickles, chips, jams, squashes, jack leather, sweets, and various other products.
Market Dynamics
The growth of the jackfruit market is projected to grow owing to the various in food application, such as chips, jam, soup, candy, and ice cream. Food manufacturing and processing companies are developing innovative jackfruit flavored dishes such as jams, jellies, squash, or chutney, which majorly drive the growth of the jackfruit market. On the other side jackfruit is a perishable fruit and has a short shelf life. Thus, manufacturers may have to take extra post-harvest efforts for storing jackfruit. Furthermore, owing to its stringy, “meat-like” texture when cooked, Jackfruit is increasingly being used globally as a plant-based meat alternative and can observed as an opportunity by the vegan food industry.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of jackfruit.
Market Segmentation
The entire jackfruit market has been sub-categorized into variety, distribution channel and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Variety
- Cheena
- Golden Pillow
- Tabouey
- Black Gold
- Cochin
By Distribution Channel
- Online Retail
- Retail Stores
- Supermarkets/Hypermarkets
- Food And Drink Specialty Stores
By Application
- Fresh Consumption
- Beverages
- Confectioneries
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for jackfruit market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Jackfruit Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the jackfruit market include Anna Food Products, Artocarpus Foods Pvt. Ltd., Frubites, Island Valley Delights, Jackfruit365, Madam Sun, Mother Dairy Fruit Vegetable Pvt. Ltd., Natureloc, Nutty Yogi, The Jackfruit Company, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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