About Jackfruits
Jackfruits are naturally sweet with pineapple and banana-like flavor. It is used to make various dishes includes custards, cakes, traditional breakfast dishes, with rice as an ingredient. The seeds of jackfruits are edible once cooked and it is milky and sweet. The roasted seeds are flavored like chestnuts. The jackfruits contain 74% water, 23% carbohydrates, 2% protein, and 1% fat. Jackfruits leaves are used as wrapping for steaming. Consumption of jackfruits provides various benefits including strengthening the immune system, lowering blood pressure, protecting again cancer, aiding in healthy digestion, boosting energy, maintaining healthy eyes and skin, among others
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Jackfruits is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
The Jackfruit Company (United States), Anusaya Fresh (India), Upton's Naturals (United States), Artocarpus Foods Pvt Ltd (India), Anna Food Products (India), Thiptipa Co., Ltd. (Thailand), Neelgiri Herbals (India), Thekkumkattil Herbal Products (India), Grandma’s Food Products (India) and Nam Viet Foods & Beverage Co., LTD (Vietnam) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Jackfruits market by Type (Firm and Soft) and Region.
On the basis of geography, the market of Jackfruits has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-Use Verticals, the sub-segment i.e. Food and Beverages will boost the Jackfruits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Jackfruits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Varieties, the sub-segment i.e. Chirappuram Cluster Jack will boost the Jackfruits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Raising Awareness about Benefits of Jackfruits and Peoples Preference towards Healthy Diet
Market Growth Drivers:
Increasing Applications of Jackfruits in Food and Beverages Sector and Surging Demand for Jackfruits from Medical Industry as an Antioxidant
Challenges:
Stringent Regulations on the Packaging of Jackfruit Products
Restraints:
Allergy-Related risks with the Consumption of Jackfruits
Opportunities:
Growing Popularity and Consumption of Jackfruits and its Products can create Opportunities for Market Growth.
Market Leaders and their expansionary development strategies
In July 2023, UK-based brand Biff’s Plant Shack has launched a new and improved range of jackfruit-based CPGs, including a brand new burger cutlet and an updated formulation for its popular jackfruit wings.
In February 2019, The Jackfruit Company announced the launch of new Jackfruit Meals and Smoked Pulled Jackfruit. The new jackfruit meals come in four flavors and are ready to eat in minutes. The new launch provides customers with new and familiar ways to enjoy plant-based meals with alternative options.
Key Target Audience
Jackfruits Manufacturers, Jackfruits Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.