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0 Quick Overview of Jackfruit Market
As indicated in the most recent market research report published by MarkNtel Advisors on ‘Jackfruit Market’ the report offers a detailed evaluation of the market, featuring insights into the industry. It encompasses regional and competitor analysis, as well as recent advancements in the industry.
Jackfruit Industry Size & Future Growth Potential
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. The growing demand for natural and functional foods, rising attention to environmental sustainability, increasing investment and government support, increasing vegan and vegetarian populations, growing health benefits, rising disposable income, and more are all contributing to the significant growth of the Jackfruit Market.
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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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A Detailed Evaluation of Jackfruit Industry Segmentation
An in-depth evaluation of a market offers accurate data for a particular industry to help the analyst make smart strategic investment choices. Forecasts for the industry are included for the Global/Regional/National levels in the report. This market study analyzes market trends for the year 2024-2030 for each market category.
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
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A detailed Analysis of Prominent Companies in the Jackfruit Market as per MarkNel Advisors
The latest report by MarkNtel Advisors states that the top leading players of the Jackfruit Market are:
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
Some Key Highlights of the Market Discussed in this Report
- Historical performance of the industry
- Future market projections
- Market Insights & Growth Drivers
- SWOT Analysis (Strength, Opportunities, Weaknesses, & Threats)
A Few Questions Answered in the Jackfruit Market Analysis Report
- What should be the entry strategies, economic impact mitigation strategies, and marketing channels for the Jackfruit Industry?
- What is the value of the Jackfruit Market? In 2030, how much will be the worth of the industry?
- What are the general market trends/opportunities for Jackfruit Industry? Will the market demand rise or decline in the forecasted period?
- What is the estimated demand for several product categories? What are the expected and industrial uses?
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