Industry Background:
Mango is known as the “King of Tropical fruits”. It is a good source of vitamin A and C, minerals like Potassium and Phosphorous. Mango Jam is a popular food item and is prepared from cooked mango fruit, sugars, citric acid, and pectin. The ready-to-go nature along with awareness of the nutritional value of jam has led to its increase in consumption. Jam is widely used in the preparation of bakery and snacks items. Asian countries – India followed by China and Thailand – are the leading producers of mango. The popularity of mango and the feasibility of processing it are the main reasons the market for processed mango products is sustaining.
According to AMA Research, the market for Mango Jam is expected to register a CAGR of 9.7% during the forecast period to 2030. This growth is primarily driven by The Convenience of Food Supplement Items, Preference for Ready-To-Eat Products, and Multiple Distribution Channels
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | K Units |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Dohler (Germany), Capricorn Food Products India Ltd (India), Tree Top Inc. (Unites States), ITC Limited (India), KUO Group (Mexico), Mother India Farms (India), Tricom Food Products Ltd (India), Quicornac SA (Switzerland), Kiril Mischeff Limited (United Kingdom), AGRANA Beteiligungs-AG (Austria), Aditi Foods (India) Pvt. Ltd. (India), SVZ International B.V. (Netherlands) and Kerr Concentrates, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In August 2023, Aruza Pest Control recently acquired Green Mango Pest Control North Carolina from the Green Mango Pest Control parent company. Aruza Pest Control will maintain the company’s existing branch-level workforce moving forward. We are thrilled to partner with the Green Mango North Carolina team
In May 2023, Nesto Hypermarket Oman has launched Mango Carnival across all its stores in Oman. Largely popular among mango-lovers, this mango Carnival. The festival was inaugurated by Mr.Mubarak Al- Dohani at Nesto Hypermarket Mabella, in the presence of Mr.Haris Pallatholil , Director of the Nesto Hypermarket, Nesto staff and customers.Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product.
Regulatory Insights:
The Food Safety and Standards Authority of India (FSSAI) has laid down certain regulations associated with the production of jam. The product shall be manufactured from not less than 45 percent, by weight, of original prepared, fruit, exclusive of any added sugar or optional ingredients of the finished product except where the fruit is strawberry or raspberry where it shall contain not less than 25 percent fruit. It shall meet the following requirement: – Total soluble solids (m/m) not less than 65.0 percent
Influencing Trend:
Changing Consumer Preferences In Favor Of Low-Sugar Jam and Rising Health Consciousness Leading To Increasing Demand for Organic Jam
Market Growth Drivers:
The Convenience of Food Supplement Items, Preference for Ready-To-Eat Products, and Multiple Distribution Channels and Widespread Awareness of Nutritional Benefits of the Product in Developing Countries
Challenges:
Highly Perishable Nature of Mango
Restraints:
Government Regulations on Processed Food and Food Additives and Export Restrictions, Export Taxes, and Import Tariffs on Agricultural Commodities Leading to Price Volatility
Opportunities:
Lower Trade Barriers, Bilateral and Multilateral Trade Agreements, and Particularly Better Market Access Could Stimulate Gains in Distribution and Rising incomes and expanding markets in developing countries – most prominently in India and China – are paving the way for higher consumption
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Mango Jam Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Mango Jam Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Mango Jam players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Mango Jam Study Sheds Light on
The Mango Jam Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Mango Jam industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Mango Jam industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.