Jackfruit Market - Forecast(2021 - 2026)

Report Code: FBR 53481 Report Format: PDF + Excel (Delivery in 48 Hrs)

Jackfruit Market Overview

Jackfruit Market size is $286 Million in 2019, growing at a CAGR of 3.2% during the forecast period 2020-2025. Jackfruit is a genus of tropical fruit found in the world's tropical, high rainfall, coastal and humid areas. Jackfruit is commonly consumed as a table fruit, but apart from that, pickles, chips, jams, squashes, jack leather, sweets and various other items are also used for preparation. Jackfruit is used to make a wide range of dishes for human consumption, owing to its sweet taste. Jackfruit, owing to its rich Nutritional quality, offers different health benefits.  It strengthens the immune system, protects against cancer, helps to digest healthily, increases stamina, helps to maintain healthy skin and eyes, reduces blood pressure, controls asthma, strengthens bones and prevents anemia. It is also globally manufactured into noodles, flour, papad, ice cream, squash, and many other products. Owing to its texture, jackfruit is also eaten as a vegan meat substitute which acts as a driver for the growth of the market.

Report Coverage

The report: “Jackfruit Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Jackfruit Market. 
By Type: Golden Nugget, Cheena, Golden Pillow, Tabouey, Black Gold, Cochin and Others.
By Nature: Organic and Conventional.
By Application: Fresh Consumption, Beverages, Confectionery and Others.
By Distribution Channel: E-Commerce, Supermarket/Hypermarket, Convenience Stores, Specialty Stores and Others.
By Geography: North America, Europe, Asia-Pacific and Rest of the World.

Key Takeaways

  • The increasing health benefit factors like maintaining cardiovascular health, boosting immunity, anti-inflammatory and others are accelerating the Jackfruit demand over the forecast period 2020-2025. 
  • Owing towards the numerous applications in food dishes, such as chips, jam, soup, candy, and ice cream, the growth of the jackfruit market is expected to rise.
  • North America region is projected to record the fastest growth rate during the forecast period 2020-2025 owing to its high nutritional content and the wide range of tastes it offers in various dishes.

Jackfruit Market Segment Analysis - By Distribution Channel

In 2019, E-Commerce segment dominated the Jackfruit Market in terms of revenue is estimated to grow at a CAGR of 3.9% owing towards ease of availability wide variety of goods with different flavors offered by all brands with reasonable discounts. The main factor behind the segmental increase is the increasing number of smartphones and internet users. The cash back and home delivery services are offered by these companies which further provide growth towards the market. In order to save time, the increasing hectic lifestyle often encourages customers to buy drinks or food products from online websites. Major businesses are working to expand their client base with online retailers, including Big Basket. They also create their online portals and websites to promote the growth of the market in order to increase product sales.

Jackfruit Market Segment Analysis - Geography 

In 2019, the Asia-Pacific region dominated Jackfruit Market in terms of revenue with a market share of 43% owing towards rising public & private funding for R&D in this region. Jackfruit production in this region is high owing towards selection, characterization, conservation and use of germplasm, varietal improvement, cultivation practices package, diversified uses and value added products, economics and marketing which aids to the market’s growth. Government has taken initiatives to promote technological advancements and initiatives to escalate the product development process are key factors in the growth of the Jackfruit market. North America is expected to record the fastest growth rate during the forecast period 2020-2025 owing to its high nutritional content and the wide range of tastes it offers in various dishes.

Jackfruit Market Drivers

Increasing Involvement Of Food Manufacturers

Innovative jackfruit flavored dishes such as jams, jellies, squash, or chutney are being produced by food manufacturing and processing companies, mainly driving the growth of the jackfruit sector. The growing consumer awareness regarding the health benefits with the use of jackfruits and its consumption in urban regions in various field applications is also aiding to the market’s growth.

Jackfruit Market Challenges

Limited Self-Life and Regulatory Concerns

Owing to its inherent compositional and textural characteristics, jackfruit is a perishable fruit and has a limited shelf life, restricting market development. Regulatory concerns regarding usage of Jackfruit in varied range of products and growing stringent government policy and regulation in regards to production and supply of jackfruit is restraining growth of the market.  Furthermore, the lack of sufficient storage facilities is also hindering the market’s growth. 

Jackfruit Industry Outlook 

Product Launches, Merger & Acquisition, joint ventures and R&D activities are key strategies adopted by the players in the Jackfruit Industry. Jackfruit top 10 companies include Anna Food Products, Artocarpus Foods Pvt. Ltd., Frubites, Island Valley Delights, Jackfruit365, Madam Sun, Mother Dairy Fruit Vegetable Pvt. Ltd, Natureloc, Nutty Yogi and The Jackfruit Company.

Acquisitions/Product Launches

  • In July 2020, Mother Dairy Fruit Vegetable Pvt. Ltd., has announced its product expansion into bakery and confectionery business with the launch of three varieties of bread in Delhi NCR. This expansion will provide opportunity to leverage the industry-leading capabilities.
  • In February 2019, The Jackfruit Company launched Complete Jackfruit Meals and Smoked Pulled Jackfruit. This launch helped the company by driving its growth across multiple categories and in reaching more consumers accelerating the innovation and address emerging product needs.

1. Jackfruit Market Overview
    1.1 Definitions and Scope
2. Jackfruit Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends 
    2.2 Key trends by Type
    2.3 Key trends by Distribution Channel
    2.4 Key rends by Geography
3. Jackfruit Market 
    3.1 Market Share Analysis
    3.2 Comparative Analysis
        3.2.1 Product Benchmarking – Key Companies
        3.2.2 Patent Analysis
        3.2.3 Pricing Analysis
        3.2.4 Financial Analysis– Key Companies
4. Jackfruit Market - Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Jackfruit Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Jackfruit Market - Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Jackfruit Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Jackfruit Market – By Type (Market Size – $Million/$Billion)
    8.1 Golden Nugget
    8.2 Cheena
    8.3 Golden Pillow
    8.4 Tabouey
    8.5 Black Gold
    8.6 Cochin
    8.7 Others
9. Jackfruit Market – By Nature (Market Size – $Million/$Billion)
    9.1 Organic
    9.2 Conventional
10. Jackfruit Market – By Application (Market Size – $Million/$Billion)
    10.1 Fresh Consumption (Cutlets, Cake)
    10.2 Beverages
    10.3 Confectionery
    10.4 Others
11. Jackfruit Market – By Distribution Channel (Market Size – $Million/$Billion)
    11.1  E-Commerce
    11.2 Supermarket/Hypermarket
    11.3 Convenience Stores
    11.4 Specialty Stores
    11.5 Others
12. Jackfruit Market - By Geography (Market Size – $Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Jackfruit Market - Entropy
14. Jackfruit Market – Industry/Segment Competition Landscape Premium 
    14.1 Market Share Analysis
        14.1.1 Market Share by Region – Key companies
        14.1.2 Market Share by Countries – Key Companies
        14.1.3 Best Practices for Companies
15. Jackfruit Market – Key Company List by Country Premium Premium
16. Jackfruit Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global JACKFRUIT MARKET BY VARIETY Market 2019-2024 ($M)
1.1 CHEENA Market 2019-2024 ($M) - Global Industry Research
1.2 GOLDEN PILLOW Market 2019-2024 ($M) - Global Industry Research
1.3 TABOUEY Market 2019-2024 ($M) - Global Industry Research
1.4 BLACK GOLD Market 2019-2024 ($M) - Global Industry Research
1.5 COCHIN Market 2019-2024 ($M) - Global Industry Research
2.Global JACKFRUIT MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
2.1 ONLINE RETAIL Market 2019-2024 ($M) - Global Industry Research
2.2 RETAIL STORES Market 2019-2024 ($M) - Global Industry Research
2.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Global Industry Research
2.4 FOOD AND DRINK SPECIALTY STORES Market 2019-2024 ($M) - Global Industry Research
3.Global JACKFRUIT MARKET BY VARIETY Market 2019-2024 (Volume/Units)
3.1 CHEENA Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 GOLDEN PILLOW Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 TABOUEY Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 BLACK GOLD Market 2019-2024 (Volume/Units) - Global Industry Research
3.5 COCHIN Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global JACKFRUIT MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 (Volume/Units)
4.1 ONLINE RETAIL Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 RETAIL STORES Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 FOOD AND DRINK SPECIALTY STORES Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America JACKFRUIT MARKET BY VARIETY Market 2019-2024 ($M)
5.1 CHEENA Market 2019-2024 ($M) - Regional Industry Research
5.2 GOLDEN PILLOW Market 2019-2024 ($M) - Regional Industry Research
5.3 TABOUEY Market 2019-2024 ($M) - Regional Industry Research
5.4 BLACK GOLD Market 2019-2024 ($M) - Regional Industry Research
5.5 COCHIN Market 2019-2024 ($M) - Regional Industry Research
6.North America JACKFRUIT MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
6.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
6.2 RETAIL STORES Market 2019-2024 ($M) - Regional Industry Research
6.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
6.4 FOOD AND DRINK SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research
7.South America JACKFRUIT MARKET BY VARIETY Market 2019-2024 ($M)
7.1 CHEENA Market 2019-2024 ($M) - Regional Industry Research
7.2 GOLDEN PILLOW Market 2019-2024 ($M) - Regional Industry Research
7.3 TABOUEY Market 2019-2024 ($M) - Regional Industry Research
7.4 BLACK GOLD Market 2019-2024 ($M) - Regional Industry Research
7.5 COCHIN Market 2019-2024 ($M) - Regional Industry Research
8.South America JACKFRUIT MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
8.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
8.2 RETAIL STORES Market 2019-2024 ($M) - Regional Industry Research
8.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
8.4 FOOD AND DRINK SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research
9.Europe JACKFRUIT MARKET BY VARIETY Market 2019-2024 ($M)
9.1 CHEENA Market 2019-2024 ($M) - Regional Industry Research
9.2 GOLDEN PILLOW Market 2019-2024 ($M) - Regional Industry Research
9.3 TABOUEY Market 2019-2024 ($M) - Regional Industry Research
9.4 BLACK GOLD Market 2019-2024 ($M) - Regional Industry Research
9.5 COCHIN Market 2019-2024 ($M) - Regional Industry Research
10.Europe JACKFRUIT MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
10.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
10.2 RETAIL STORES Market 2019-2024 ($M) - Regional Industry Research
10.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
10.4 FOOD AND DRINK SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research
11.APAC JACKFRUIT MARKET BY VARIETY Market 2019-2024 ($M)
11.1 CHEENA Market 2019-2024 ($M) - Regional Industry Research
11.2 GOLDEN PILLOW Market 2019-2024 ($M) - Regional Industry Research
11.3 TABOUEY Market 2019-2024 ($M) - Regional Industry Research
11.4 BLACK GOLD Market 2019-2024 ($M) - Regional Industry Research
11.5 COCHIN Market 2019-2024 ($M) - Regional Industry Research
12.APAC JACKFRUIT MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
12.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
12.2 RETAIL STORES Market 2019-2024 ($M) - Regional Industry Research
12.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
12.4 FOOD AND DRINK SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research
13.MENA JACKFRUIT MARKET BY VARIETY Market 2019-2024 ($M)
13.1 CHEENA Market 2019-2024 ($M) - Regional Industry Research
13.2 GOLDEN PILLOW Market 2019-2024 ($M) - Regional Industry Research
13.3 TABOUEY Market 2019-2024 ($M) - Regional Industry Research
13.4 BLACK GOLD Market 2019-2024 ($M) - Regional Industry Research
13.5 COCHIN Market 2019-2024 ($M) - Regional Industry Research
14.MENA JACKFRUIT MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
14.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
14.2 RETAIL STORES Market 2019-2024 ($M) - Regional Industry Research
14.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
14.4 FOOD AND DRINK SPECIALTY STORES Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Jackfruit Market Revenue, 2019-2024 ($M)
2.Canada Jackfruit Market Revenue, 2019-2024 ($M)
3.Mexico Jackfruit Market Revenue, 2019-2024 ($M)
4.Brazil Jackfruit Market Revenue, 2019-2024 ($M)
5.Argentina Jackfruit Market Revenue, 2019-2024 ($M)
6.Peru Jackfruit Market Revenue, 2019-2024 ($M)
7.Colombia Jackfruit Market Revenue, 2019-2024 ($M)
8.Chile Jackfruit Market Revenue, 2019-2024 ($M)
9.Rest of South America Jackfruit Market Revenue, 2019-2024 ($M)
10.UK Jackfruit Market Revenue, 2019-2024 ($M)
11.Germany Jackfruit Market Revenue, 2019-2024 ($M)
12.France Jackfruit Market Revenue, 2019-2024 ($M)
13.Italy Jackfruit Market Revenue, 2019-2024 ($M)
14.Spain Jackfruit Market Revenue, 2019-2024 ($M)
15.Rest of Europe Jackfruit Market Revenue, 2019-2024 ($M)
16.China Jackfruit Market Revenue, 2019-2024 ($M)
17.India Jackfruit Market Revenue, 2019-2024 ($M)
18.Japan Jackfruit Market Revenue, 2019-2024 ($M)
19.South Korea Jackfruit Market Revenue, 2019-2024 ($M)
20.South Africa Jackfruit Market Revenue, 2019-2024 ($M)
21.North America Jackfruit By Application
22.South America Jackfruit By Application
23.Europe Jackfruit By Application
24.APAC Jackfruit By Application
25.MENA Jackfruit By Application
26.ARTOCARPUS FOODS PVT. LTD., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.ANNA FOOD PRODUCTS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.THE JACKFRUIT COMPANY, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.ISLAND VALLEY DELIGHTS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.MADAM SUN, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.FRUBITES, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.NATURELOC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.JACKFRUIT365, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.NUTTY YOGI, Sales /Revenue, 2015-2018 ($Mn/$Bn)