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Jackfruit Market

Jackfruit Market by Type (Cheena, Golden Pillow, Tabouey, Black Gold, Cochin, Others) by Application (Fresh Consumption, Beverages, Confectionery, Aroma, Others) – Growth, Impact of Russia – Ukraine War, Future Prospects And Competitive Analysis, 2016 – 2028

Summary
Table Of Content

Market Insights

Jackfruit is mainly grown in tropical areas and is native to the western ghats of India and Sri Lanka. However, its also grown in the Philippines, Malaysia, and Indonesia. Jackfruit is the largest of all tree-born fruits in the world. It can be eaten raw or cooked in various recipes. Jackfruit can weigh up to as high as 20 kilograms. It is also termed veg meat. Jackfruit is a rich source of vitamins, minerals, and phytochemicals.

The global jackfruit market generated over USD 297.77 million in 2021. It is expected to exhibit a CAGR of over 3.42% during the forecast period to reach over USD 382.48 million by the end of 2028. In contrast, the cumulative growth opportunity offered by the global jackfruit market stood above USD 2,250 million for the analysis period from 2022 to 2028. As a result, global jackfruit consumption in 2021 was recorded at around 600 kilo tons.

Interesting Facts about Jackfruit Industry

Jackfruit is tropical fruit mainly grown in South and Southeast Asia
Jackfruit is the national fruit of Bangladesh and Sri Lanka
Jackfruit is increasing in its popularity as a meat substitute
Jackfruit is a rich source of vitamins, minerals, and phytochemicals
Jackfruit is the largest tree-born fruit in the world which can weigh up to 40 pounds

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Strong Demand as a Meat Substitute

Owing to its stringy and tender texture, jackfruit pulp resembles that of shredded chicken and pork. Moreover, it has a neutral or slightly sweet flavor; hence, it can take on the flavors of seasoning or sauces. Therefore, jackfruit is growing as a meat alternative. Secondly, its mineral, vitamin, and phytochemical-rich pulp makes it increasingly being adopted in a diet for health benefits.

Secondly, the go vegan trend is on the rise around the world. Although currently, just one percent of the world population is vegan, the number of vegan populations is rising globally.

Golden Nugget to Dominated the Demand

Golden Nugget, Cheena, Golden Pillow, Tabouey, Black Gold, Cochin, and Others are major species of jackfruits being grown and consumed worldwide. Golden Nugget species of jackfruit is widely grown and consumed worldwide and holds over 25% share in total revenue generation in 2021. China and Golden Pillow are also expected to increase their revenue share over the forecast period.

Health Benefits of Jackfruit

The growing demand for healthy fruits is another reason behind the growth of the global jackfruits market. Jackfruit offers many health benefits, such as healthy digestion. It contains vitamin c, pyridoxine, niacin, riboflavin, folic acid, calcium, magnesium, potassium, phosphorus, etc. Fibre, potassium, and antioxidants in combination offer good heart health. Jackfruit has been used as a medicine from ancient times. It is long being used in the treatment as antimicrobial and antifungal. However, scientifically none of the above claims are proved and supported. However, people with chronic or acute kidney diseases should avoid the consumption of jackfruit, either raw or cooked.

Moreover, excess consumption can result in the build-up of potassium, resulting in weakness, paralysis, and heart attack. This, in turn, arrested the growth of the global jackfruit market. Moreover, changing climate is also one of the significant factors in the fluctuation in the harvesting of jackfruit.

Fresh Consumption Segment Held the Largest Share

Fresh Consumption, Beverages, Confectionery, Aroma, and Others are some of the significant applications of jackfruit. Fresh consumption accounted for over 40% share of the total revenue generation of the jackfruit market in 2021. However, jackfruit is growing in popularity to be used as a flavoring or aromatic agent in various food & beverages. Increasing demand for canned food and fruits is also fuelling the growth rate of the global jackfruit market.

The Asia Pacific to Dominate the Demand

The global Jackfruit market is mainly driven by the strong demand from South and Southeast Asia. Almost 60% of the jackfruits are growing in this region. Jackfruit is widely used in local cuisine in South and Southeast Asia. India, Bangladesh, Sri Lanka, Indonesia, Philippines, Malaysia, etc., are major consuming countries worldwide. The Russia- Ukraine war has little, or no impact on the jackfruit industry as none of these countries are primary producers or consumers. North America and Europe are also expected to witness moderate growth in demand for jackfruit.

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A large number of Players in the Global Jackfruit Market

Anna Food Product, Artocarpus Foods Pvt. Ltd., Frubites, Island Valley Delights, Jackfruit365, Madam Sun, Mother Dairy Fruit Vegetable Pvt. Ltd, Natureloc, Nutty Yogi, and The Jackfruit Company are some key players operating in the global jackfruit market. Increasing processed food demand, growing consumption of canned fruits and food, and a rise in demand from the beverage industry are mainly driving the need for jackfruit.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Jackfruit Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Jackfruit Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis
5.1. Global Jackfruit Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Jackfruit Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Jackfruit Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Golden Nugget
6.2.3. Cheena
6.2.4. Golden Pillow
6.2.5. Tabouey
6.2.6. Black Gold
6.2.7. Cochin
6.3. North America Jackfruit Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Beverages
6.3.3. Fresh Consumption
6.3.4. Confectionery and Aroma
6.3.5. Others

7. Europe
7.1. Europe Jackfruit Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Ukraine
7.1.7. Spain
7.1.8. Belgium
7.1.9. Netherland
7.1.10. Austria
7.1.11. Sweden
7.1.12. Poland
7.1.13. Denmark
7.1.14. Switzerland
7.1.15. Rest of Europe
7.2. Europe Jackfruit Market, by Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Golden Nugget
7.2.3. Cheena
7.2.4. Golden Pillow
7.2.5. Tabouey
7.2.6. Black Gold
7.2.7. Cochin
7.3. Europe Jackfruit Market, by Application, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Beverages
7.3.3. Fresh Consumption
7.3.4. Confectionery and Aroma
7.3.5. Others

8. Asia Pacific
8.1. Asia Pacific Jackfruit Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Indonesia
8.1.9. Malaysia
8.1.10. Philippine
8.1.11. Rest of Asia Pacific
8.2. Asia Pacific Jackfruit Market, by Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Golden Nugget
8.2.3. Cheena
8.2.4. Golden Pillow
8.2.5. Tabouey
8.2.6. Black Gold
8.2.7. Cochin
8.3. Asia Pacific Jackfruit Market, by Application, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Beverages
8.3.3. Fresh Consumption
8.3.4. Confectionery and Aroma
8.3.5. Others

9. Latin America
9.1. Latin America Jackfruit Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Jackfruit Market, by Type, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Golden Nugget
9.2.3. Cheena
9.2.4. Golden Pillow
9.2.5. Tabouey
9.2.6. Black Gold
9.2.7. Cochin
9.3. Latin America Jackfruit Market, by Application, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Beverages
9.3.3. Fresh Consumption
9.3.4. Confectionery and Aroma
9.3.5. Others

10. Middle East
10.1. Middle East Jackfruit Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2.
10.1.3. KSA
10.1.4. Israel
10.1.5. Turkey
10.1.6. Iran
10.1.7. Rest of Middle East
10.2. Middle East Jackfruit Market, by Type, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Golden Nugget
10.2.3. Cheena
10.2.4. Golden Pillow
10.2.5. Tabouey
10.2.6. Black Gold
10.2.7. Cochin
10.3. Middle East Jackfruit Market, by Application, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Beverages
10.3.3. Fresh Consumption
10.3.4. Confectionery and Aroma
10.3.5. Others

11. Africa
11.1. Africa Jackfruit Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Jackfruit Market, by Type, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Golden Nugget
11.2.3. Cheena
11.2.4. Golden Pillow
11.2.5. Tabouey
11.2.6. Black Gold
11.2.7. Cochin
11.3. Africa Jackfruit Market, by Application, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Beverages
11.3.3. Fresh Consumption
11.3.4. Confectionery and Aroma
11.3.5. Others

12. Global
12.1. Global Jackfruit Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Golden Nugget
12.1.3. Cheena
12.1.4. Golden Pillow
12.1.5. Tabouey
12.1.6. Black Gold
12.2. Global Jackfruit Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Beverages
12.2.3. Fresh Consumption
12.2.4. Confectionery and Aroma
12.2.5. Others

13. Company Profiles
13.1. Anna Food Product
13.2. Artocarpus Foods Pvt. Ltd.
13.3. Frubites
13.4. Island Valley Delights
13.5. Jackfruit365
13.6. Madam Sun
13.7. Mother Dairy Fruit Vegetable Pvt. Ltd
13.8. Natureloc
13.9. Nutty Yogi
13.10. The Jackfruit Company
13.11. Others

List of Figures
FIG. 1 Global Jackfruit Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Jackfruit Market Segmentation
FIG. 4 Global Jackfruit Market, by Type, 2019 (US$ Bn)
FIG. 5 Global Jackfruit Market, by Application, 2021 (US$ Bn)
FIG. 6 Global Jackfruit Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2021
FIG. 8 Global Market Positioning of Key Jackfruit Market Manufacturers, 2019
FIG. 9 Global Jackfruit Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10 Global Jackfruit Market, by Golden Nugget, Value, 2016-2028 (US$ Bn)
FIG. 11 Global Jackfruit Market, by Cheena, Value, 2016-2028 (US$ Bn)
FIG. 12 Global Jackfruit Market, by Golden Pillow, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Jackfruit Market, by Tabouey, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Jackfruit Market, by Black Gold, Value, 2016-2028 (US$ Bn)
FIG. 15 Global Jackfruit Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 16 Global Jackfruit Market, by Fresh Consumption, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Jackfruit Market, by Beverages, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Jackfruit Market, by Confectionery and Aroma, Value, 2016-2028 (US$ Bn)
FIG. 19 Global Jackfruit Market, by Others, Value, 2016-2028 (US$ Bn)
FIG. 20 U.S. Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 21 Rest of North America Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 22 U.K. Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 23 Germany Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 24 France Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 25 Italy Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 26 Spain Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 27 Russia Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 28 BENELUX Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 29 Poland Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 30 Austria Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 31 Rest of Europe Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 32 Japan Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 33 China Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 34 India Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 35 South Korea Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 36 Australia Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 37 Southeast Asia Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 38 Rest of Asia Pacific Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 39 Middle East & Africa Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 40 South Africa Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 41 Nigeria Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 42 Egypt Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 43 GCC Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 44 Israel Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 45 Latin America Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 46 Mechanicalzil Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 47 Argentina Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 48 Colombia Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 49 Peru Jackfruit Market, 2016-2028 (US$ Bn)
FIG. 50 Chile Jackfruit Market, 2016-2028 (US$ Bn)

List of Tables
TABLE 1 Market Snapshot: Global Beauty Devices (Jackfruit) Market
TABLE 2 Global Jackfruit Market, by Type, 2016-2028 (US$ Bn)
TABLE 3 Global Jackfruit Market, by Application, 2016-2028 (US$ Bn)
TABLE 4 Global Jackfruit Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5 North America Jackfruit Market, by Type, 2016-2028 (US$ Bn)
TABLE 6 North America Jackfruit Market, by Application, 2016-2028 (US$ Bn)
TABLE 7 North America Jackfruit Market, by Country, 2016-2028 (US$ Bn)
TABLE 8 Europe Jackfruit Market, by Type, 2016-2028 (US$ Bn)
TABLE 9 Europe Jackfruit Market, by Application, 2016-2028 (US$ Bn)
TABLE 10 Europe Jackfruit Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11 Asia Pacific Jackfruit Market, by Type, 2016-2028 (US$ Bn)
TABLE 12 Asia Pacific Jackfruit Market, by Application, 2016-2028 (US$ Bn)
TABLE 13 Asia Pacific Jackfruit Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14 Latin America Jackfruit Market, by Type, 2016-2028 (US$ Bn)
TABLE 15 Latin America Jackfruit Market, by Application, 2016-2028 (US$ Bn)
TABLE 16 Latin America Jackfruit Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17 Middle East Jackfruit Market, by Type, 2016-2028 (US$ Bn)
TABLE 18 Middle East Jackfruit Market, by Application, 2016-2028 (US$ Bn)
TABLE 19 Middle East Jackfruit Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20 Africa Jackfruit Market, by Type, 2016-2028 (US$ Bn)
TABLE 21 Africa Jackfruit Market, by Application, 2016-2028 (US$ Bn)
TABLE 22 Africa Jackfruit Market, by Country/Region, 2016-2028 (US$ Bn)

Frequently Asked Questions

How COVID 19 Impacted Jackfruit Market?

Like other industries, Jackfruit market also suffered from COVID 19 pandemic which resulted into decline of over 7% in revenue generated in 2020

Which is the leading regional market for Jackfruit?

Asia Pacific is the largest regional market with highest share in the total volume of Jackfruit consumed in 2021

What is the major growth driving factors for global Jackfruit market?

Growing popularity of Jackfruit coupled with rising adoption as a vegan alternative to meat is driving the demand for Jackfruit

Which is major segment in Jackfruit market by Type?

Golden Nugget segment dominated the Jackfruit market in 2021 with over 25% share

Which is major segment in Jackfruit market by application?

Fresh consumption segment was the largest application of Jackfruit in 2021 with over 55% share

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