The Global Jackfruit Market size is valued at around USD 260 million in 2023 and is projected to grow at a CAGR of around 3.6% during the forecast period, i.e., 2024-30. According to MarkNtel Advisors Study.
Global Jackfruit Market Driver:
Increasing Number of Vegetarians and Vegans – The Global Jackfruit Market is driven by several factors, one of which is the growing number of vegans and vegetarians. The demand for plant-based protein sources has surged as more people switch to plant-based diets for a variety of reasons, such as ethical, environmental, and health-related ones. The market rise of jackfruit can be attributed to its fibrous and meat-like texture, which has gained favor as a versatile and sustainable meat substitute.
A fruit abundant in nutrients, jackfruit offers vital vitamins, minerals, and dietary fiber. This is exactly in line with the health-conscious attitude of many vegetarians and vegans who are looking for sustainable and nutritious eating options. Furthermore, jackfruit is a versatile ingredient that can be added to many savory and sweet recipes. This adaptability attracts a wider range of vegetarians and vegans with different tastes in food.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Jackfruit Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Type
- Organic- (Market Size & Forecast 2019-2030, (USD Million)
- In-Organic- (Market Size & Forecast 2019-2030, (USD Million)
- Natural – (Market Size & Forecast 2019-2030, (USD Million)
- By Variety
- Golden Nugget – (Market Size & Forecast 2019-2030, (USD Million)
- Black Gold – (Market Size & Forecast 2019-2030, (USD Million)
- Honey Gold – (Market Size & Forecast 2019-2030, (USD Million)
- Lemon Gold – (Market Size & Forecast 2019-2030, (USD Million)
- Others – (Market Size & Forecast 2019-2030, (USD Million)
- By Application
- Direct Consumption- (Market Size & Forecast 2019-2030, (USD Million)
- Beverages- (Market Size & Forecast 2019-2030, (USD Million)
- Confectionary – (Market Size & Forecast 2019-2030, (USD Million)
- Aroma – (Market Size & Forecast 2019-2030, (USD Million)
- Others- (Market Size & Forecast 2019-2030, (USD Million)
- By Sales Channel
- Online- (Market Size & Forecast 2019-2030, (USD Million)
- Retail Stores – (Market Size & Forecast 2019-2030, (USD Million)
- Hypermarkets/Supermarkets – (Market Size & Forecast 2019-2030, (USD Million)
- Others – (Market Size & Forecast 2019-2030, (USD Million)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Artocarpus Foods Pvt. Ltd., Kiril Mischeff Limited, Anna Food Products, Samroiyod Corporation Ltd, The Jackfruit Company, Island Valley Delights, Mother Dairy Fruit & Vegetable Pvt. Ltd, Madam Sun, Frubites, Natureloc, Jackfruit365, Nutty Yogi, and Others are looking forward to strengthening their market positions.
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We follow a tried-and-tested research methodology that blends top-down and bottom-up approaches to deliver highly accurate market insights. Every report is powered by data triangulation, ensuring well-rounded and validated findings.
From smart sample selection and reliable data collection to in-depth analysis and precise forecasting, our process is designed to minimize error and maximize impact.
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