PUBLISHER: Value Market Research | PRODUCT CODE: 1547832
PUBLISHER: Value Market Research | PRODUCT CODE: 1547832
The global demand for Jackfruit Market is presumed to reach the market size of nearly USD 656.71 Million by 2032 from USD 409.43 Million in 2023 with a CAGR of 5.39% under the study period 2024-2032.
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.
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 research 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 an inclusive assessment of each segment in the global market of Jackfruit. The growth and trends of Jackfruit industry provide a holistic approach to this study.
This section of the Jackfruit market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Jackfruit market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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 Jackfruit365, NatureLoC, Madam Sun, Artocarpus Foods Pvt. Ltd., Island Valley Delights, Anna Food Products, Nutty Yogi, Mother Dairy Fruit & Vegetable Pvt. Ltd., The Jackfruit Company, Frubites. This section consists of 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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