Global Jackfruit Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-2030
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.
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Global Jackfruit Market Dynamics: 2024-2030
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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Global Jackfruit Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
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)
The direct consumption segment is currently leading the Global Jackfruit Market based on the application because fresh jackfruit eating is ingrained in local cuisine and culture in jackfruit-producing nations. Because consumers are accustomed to its flavor, texture,
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
The Asia-Pacific region currently holds the top spot in the Global Jackfruit Market and is predicted to hold this position for the foreseeable future.
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Top Companies Operating in the Global Jackfruit Market:
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
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