Global Jackfruit Market Size, Share, and COVID-19 Impact Analysis, By Applications (Beverages, Fresh Consumption, Aroma, Confectionary, and Others), By Distribution Channel (Retail Stores, Supermarkets, Online Stores, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Global Jackfruit Market Insights Forecasts to 2033

• The Global Jackfruit Market Size Was Estimated at USD 248.66 Million in 2023
• The Market Size is Expected to Grow at a CAGR of around 3.52% from 2023 to 2033
• The Worldwide Jackfruit Market Size is Expected to reach USD 351.28 Million By 2033
• North America is predicted to Grow at the fastest CAGR throughout the projection period

The Global Jackfruit Market Size is predicted to Exceed USD 351.28 Million by 2033, Growing at a CAGR of 3.52% from 2023 to 2033.

Market Overview

The global jackfruit market encompasses the production, distribution, and consumption of jackfruit, a tropical fruit native to Southeast Asia, known for its culinary versatility and its consumption in fresh, canned, frozen, or dried forms. Jackfruit (Artocarpus heterophyllus), a fruit belonging to the Moraceae family, is native to tropical and subtropical regions with warm and humid climates. Originating in the forests of the Western Ghats, India, it is cultivated in Bangladesh, Burma, India, Indonesia, Malaysia, the Philippines, Sri Lanka, Thailand, and Brazil. The jackfruit is considered the largest edible fruit in the world, containing numerous nutrients such as carbohydrates, proteins, vitamins, minerals, and phytochemicals. Both the fruits and seeds have been widely consumed, and various countries have developed food products like jams, jellies, marmalades, and ice creams using jackfruit. Jackfruit tree parts, such as latex, leaves, and barks, have also been used in traditional medicine. The tree is 15 to 20 meters tall and has large, glossy green leaves. The jackfruit is the largest tree-borne fruit in the world, reaching up to 60 cm long and weighing up to 18 kg. It contains high amounts of vitamin C, which may help prevent inflammation leading to chronic diseases like heart disease and cancer.

Several government initiatives drive the jackfruit market growth. For instance, the government of Kerela and the Department of Agriculture of the Kerela announced jackfruit as the state official fruit. The government plans to promote the 'Kerala jackfruit' brand globally, highlighting its organic and nutritional value. Jackfruit, the largest tree-borne fruit in India, is known for its distinctive taste and aroma. The government is distributing tree saplings to locals to grow in their backyards, and a research center has been established in the Wayanad district. Additionally, a yearly 'jackfruit fest' is being conducted to popularize the fruit. Therefore, the growing awareness of the jackfruit and extensive usage of jackfruit through campaigns accelerates the expansion of the jackfruit market.

Report Coverage

This research report categorizes the global jackfruit market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the global jackfruit market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the global jackfruit market.

Driving Factors

Increasing need for plant-based foods and nutritional rich fruits:

The rise in plant-based diets and vegan and vegetarian consumers has led to a demand for alternative protein sources such as jackfruit. Jackfruit, with its fibrous texture and ability to mimic meat, is being recognized as a sustainable and nutritious plant-based meat substitute. Jackfruit is rich in essential nutrients like dietary fiber, vitamins, minerals, and antioxidants. Its health benefits, such as improved digestion, boosted immune system, and reduced risk of chronic diseases, are driving its demand as a nutritious food option.

Heterogeneity of jackfruit-based products:

The market for jackfruit worldwide is growing due to its adaptability in distinct forms, such as fresh, canned, and frozen. Well-liked products consist of jackfruit "meat" items, including ready-to-eat pieces, pulled jackfruit, and burgers and sausages made from jackfruit. These products attract both vegetarians and meat-eaters, especially within the rapidly expanding market for plant-based meat alternatives. Jackfruit can be found in various snacks such as chips and jerky, as well as in soups, curries, and stews. Advancements in food processing technology have made it easier to create a wider variety of jackfruit-based products. Increase in the investments into research and development, the market is projected to sustain expanding.

Restraining Factors

The jackfruit market faces supply chain challenges, including transportation, quality control, and infrastructure limitations, which can affect product delivery, consumer satisfaction, and market growth. Seasonal fluctuations and limited availability can also affect the market. Price instability can additionally impact market growth and profitability.

Market Segmentation

The global jackfruit market share is classified into applications and distribution channel.

• The fresh consumption segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR throughout the forecast period.

Based on the applications, the global jackfruit market is categorized into beverages, fresh consumption, aroma, confectionary, and others. Among these, the fresh consumption segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR throughout the forecast period. The segmental expansion is attributed to the adaptability, versatility, sweet taste, nutritional rich fruit, and growing health awareness, increasing consumption of the jackfruit due to it optimistic functions such as boosting the immunity, providing antioxidants, and improving digestion.

• The supermarkets segment dominated the global jackfruit market in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe.

Based on the distribution channel, the global jackfruit market is categorized into retail stores, supermarkets, online stores, and others. Among these, the supermarkets segment dominated the global jackfruit market in 2023 and is expected to grow at a significant CAGR throughout the projected timeframe. The growth of this segment is ascribed to the availability of the large stock of jackfruits with its different varieties, accessibility of the food differentiation as ripen and unripe jackfruits, hygiene is maintained, consumer convenience, and provisions of offer on the jackfruits.

Regional Segment Analysis of the Global Jackfruit Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Asia Pacific is anticipated to hold the largest share of the global jackfruit market over the predicted timeframe.

Asia Pacific is anticipated to hold the largest share of the global jackfruit market over the predicted timeframe. The Asia-Pacific jackfruit market is thriving due to increased availability and demand in southern countries, the high popularity of the fruit, and a favorable climate for cultivation. The fruit is widely consumed fresh and processed, with applications ranging from snacks to meat substitutes. The nutritional benefits of jackfruit, including high fiber content, vitamins, and antioxidants, are boosting demand. Countries like India and Sri Lanka are exporting jackfruit to regions not locally grown, expanding its global reach. Major producers and consumers include India, Bangladesh, Thailand, and Indonesia, where jackfruit is consumed in various forms, including fresh consumption, processed foods, and traditional dishes.

North America is anticipated to grow at the fastest CAGR throughout the projected timeframe. The favorable climate is attributed to the growth of jackfruit in the US and Canada. Products made from jackfruit, such as pulled jackfruit and jackfruit burgers, have become popular in this area. Another factor propelling the market is the growing awareness of its health benefits. Jackfruit can be utilized in multiple ways: fresh, canned, or frozen, and features in a variety of dishes, such as snacks, desserts, and meat substitutes. Consumer awareness of health and sustainability is rising, along with the popularity of plant-based diets, driving the market expansion in this region.

Competitive Analysis:

The report offers an appropriate analysis of the key organizations/companies involved within the global jackfruit market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Island Valley Delights
• Natureloc
• The Jackfruit Company
• Kiril Mischeff Limited
• Anna Food Products
• Frubites
• Nutty Yogi
• Samroiyad Corporation Ltd.
• Diet Fibre 365 Food Products Private Limited
• Artocarpus Foods Pvt. Ltd.
• Cabello Fresh Produce LLC
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In November 2024, Performance Food Group Company launched its Beef & Jackfruit Burger under its FarmSmart brand. The blend of premium beef and jackfruit, supplied by The Jackfruit Company, offers a delicious way to enjoy meat while improving nutrition and reducing the environmental footprint. The burger is 40% less saturated fat and 40% lower cholesterol than a 100% beef burger, supporting the transition to lower carbon emissions and allowing chefs to avoid any compromise on taste. This innovative product supports the broader movement toward a lower-carbon-emissions food system.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global jackfruit market based on the below-mentioned segments:

Global Jackfruit Market, By Applications

• Beverages
• Fresh Consumption
• Aroma
• Confectionary
• Others

Global Jackfruit Market, By Distribution Channel

• Retail Stores
• Supermarkets
• Online Stores
• Others

Global Jackfruit Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa