Ackee Market
Ackee Market Forecast, Trend Analysis & Competition Tracking - Global Review 2022 to 2032
Analysis of Ackee Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Ackee Market Outlook (2023 to 2033)
The market is anticipated to expand quickly due to the new trend of buying regional goods through conventional trade channels. Ackees continue to be popular among a broad target market thanks to their buttery and savory flavors, making them a common item in international major supermarkets and specialty shops.
Ackees are being offered by manufacturers in novel and interesting ways to appeal to big consumer bases in overseas regions. To satisfy the changing consumer preferences, top ackee producers are offering canned Ackees that are sweetener-free but still taste delicious.
The market is mainly influenced by increasing exports of canned ackee from Jamaica to developed regional markets such as North America and Europe. The total export sales of such ackees from Jamaica reached over US$ 13 million in 2014 and around US$ 20 million in 2016.
With the increasing demand for non-traditional Jamaican crops among consumers across the globe, the Jamaica Promotions Corporation expects ackee exports to surpass US$ 21 million in 2018 and US$ 29 million by the end of 2020. In addition, the Jamaica Exporters Association (JEA) predicts that the market will witness excellent growth in the upcoming years with increasing demand for Jamaican crops.
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What are impelling factors behind the growth?
Ackee is a fruit-producing plant. South Florida, the Caribbean, Central America, and West Africa are all places where it can be found. Ackee fruit is consumed in Jamaica as food and is regarded as a staple meal.
Dietary fiber, which is abundant in ackee and is good for supporting digestive health. Fiber promotes healthy bowel movements, reducing numerous stomach-related problems like obesity and constipation. Additionally, it lowers the risk of type 2 diabetes and gastrointestinal disorders.
A little more than half a cup of ackee, or 100g, contains about 150 calories, 15g of fat, 3g of protein, and less than 1g of carbs per serving. Therefore, individuals who follow a ketogenic or another high-fat diet may be able to benefit from this adaptable high-fat fruit.
What are the factors impacting the market growth?
As the presence of hypoglycin A content of pods and seeds of unripe ackees can lead to cause Jamaican vomiting sickness, the U.S. Food and Drug Administration imposes stringent rules on the imports of ackees in North America. Shipments in different forms such as raw, canned, frozen, and dried, without a physical examination, are banned in the U.S. The stringent regulations and rules imposed on products sold in the U.S. in various forms may impact the growth of the market, as it may compel market players to modify their manufacturing processes and strategies.
Unripe ackee fruit is extremely dangerous, though. Ackee which is still unripe is a common source of poisoning in Africa and the Caribbean. When unripe fruit is consumed during food scarcity, epidemics of poisoning may develop. These fruits are also used for their medicinal properties and used as a treatment for colds and fevers.
Section 402(a) (4) of the Federal Food, Drug, and Cosmetic Act (FD&C Act; 21 U.S.C. 342(a) (4)) states that if canned, frozen, and other forms of products are considered to be adulterated in the U.S. if they contain hypoglycin A at levels higher than 100ppm.
In order to comply with the regulations developed by FDA, manufacturers in the market are adopting innovative strategies to make safer and more cost-effective products. Jamaica is the only country where it is identified as an edible crop. As a result, Jamaican manufacturers in the market are employing advanced manufacturing processes to consolidate a stronger position in the market with high-quality products. The market is expected to envisage excellent growth as it is not part of just Jamaican cuisine but is witnessing demand across the world as an exotic and delicious fruit.
Even if it has been cooked, unripe ackee fruit should not be consumed. The water used to cook the unripe fruit may also be lethal. The unripe fruit has toxins in it that might damage the liver. Along with dangerously low blood sugar levels, convulsions, and even death, the unripe fruit can also cause.
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Regional Insights
The Caribbean, Canada, and the U.S. remain among the important target markets for manufacturers in the market. The restaurants and hotel sector remains the primary target consumer group for leading manufacturers and distributors in the market.
Ackee is frequently consumed raw, fried in oil, or combined with soups in several West African nations, including Cameroon, Ghana, and Senegal. In Jamaica, it is frequently prepared either curried and served with rice, or with codfish, onions, and tomatoes.
As more than 50% of demand for the ethnic food comes from the food service industry, established players in the market are making deliberate steps to improve their position in the food service industry. Ackees in various forms such as canned and processed continue to gain popularity among consumers across the globe, which ultimately triggers the growth of the market.
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Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Product Form 6.2. Distribution Channel 6.3. Application 6.4. End-Use 7. Global Market Analysis and Forecast, By Product Form 7.1. Fresh Ackee 7.2. Canned Ackee 7.3. Frozen Ackee 7.4. Ackee Paste 7.5. Ackee Powder 8. Global Market Analysis and Forecast, By Distribution Channel 8.1. Online 8.2. Offline 9. Global Market Analysis and Forecast, By Application 9.1. Food & Beverage 9.2. Nutraceuticals 9.3. Cosmetics 9.4. Pharmaceuticals 10. Global Market Analysis and Forecast, By End-Use 10.1. Household Consumption 10.2. Commercial Use 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. East Asia 11.6. South Asia & Pacific 11.7. MEA 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries 17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 18. MEA Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Product Form, Distribution Channel, Application, and End-Use for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Grace Foods 21.2. Tropical Sun 21.3. Island Delight 21.4. Jamaica Blue Mountain 21.5. B&G Foods 21.6. Bobby's Jamaican Foods 21.7. Caribbean Dreams 21.8. St. Elizabeth's Jamaican Products 21.9. Auntie Grace's Jamaican Foods 21.10. Jamaican Choice
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List Of Table
Table 1: Global Market US$ Mn Forecast by Region
Table 2: Global Market US$ Mn Forecast by Product Form
Table 3: Global Market US$ Mn Forecast by Distribution Channel
Table 4: Global Market US$ Mn Forecast by Application
Table 5: Global Market US$ Mn Forecast by End-Use
Table 6: North America Market US$ Mn Forecast by Country
Table 7: North America Market US$ Mn Forecast by Product Form
Table 8: North America Market US$ Mn Forecast by Distribution Channel
Table 9: North America Market US$ Mn Forecast by Application
Table 10: North America Market US$ Mn Forecast by End-Use
Table 11: Latin America Market US$ Mn Forecast by Country
Table 12: Latin America Market US$ Mn Forecast by Product Form
Table 13: Latin America Market US$ Mn Forecast by Distribution Channel
Table 14: Latin America Market US$ Mn Forecast by Application
Table 15: Latin America Market US$ Mn Forecast by End-Use
Table 16: Western Europe Market US$ Mn Forecast by Country
Table 17: Western Europe Market US$ Mn Forecast by Product Form
Table 18: Western Europe Market US$ Mn Forecast by Distribution Channel
Table 19: Western Europe Market US$ Mn Forecast by Application
Table 20: Western Europe Market US$ Mn Forecast by End-Use
Table 21: Eastern Europe Market US$ Mn Forecast by Country
Table 22: Eastern Europe Market US$ Mn Forecast by Product Form
Table 23: Eastern Europe Market US$ Mn Forecast by Distribution Channel
Table 24: Eastern Europe Market US$ Mn Forecast by Application
Table 25: Eastern Europe Market US$ Mn Forecast by End-Use
Table 26: East Asia Market US$ Mn Forecast by Country
Table 27: East Asia Market US$ Mn Forecast by Product Form
Table 28: East Asia Market US$ Mn Forecast by Distribution Channel
Table 29: East Asia Market US$ Mn Forecast by Application
Table 30: East Asia Market US$ Mn Forecast by End-Use
Table 31: South Asia & Pacific Market US$ Mn Forecast by Country
Table 32: South Asia & Pacific Market US$ Mn Forecast by Product Form
Table 33: South Asia & Pacific Market US$ Mn Forecast by Distribution Channel
Table 34: South Asia & Pacific Market US$ Mn Forecast by Application
Table 35: South Asia & Pacific Market US$ Mn Forecast by End-Use
Table 36: MEA Market US$ Mn Forecast by Country
Table 37: MEA Market US$ Mn Forecast by Product Form
Table 38: MEA Market US$ Mn Forecast by Distribution Channel
Table 39: MEA Market US$ Mn Forecast by Application
Table 40: MEA Market US$ Mn Forecast by End-Use
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List Of Figures
Figure 1: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 2: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 3: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 4: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 5: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 6: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 7: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 8: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 9: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Product Form
Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Distribution Channel
Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Application
Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Use
Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What are the key factors driving the growth of the market?
Growing Exports of Non-Traditional Jamaican Crops Creating Sustained Opportunities.
What are the key industry trends of the global Market?
Manufacturers in the market are employing advanced manufacturing processes to consolidate a stronger position in the market with high-quality products.
What are the medicinal properties of Ackee?
The fruit is rich in dietary fiber which makes it an ideal option for treating conditions like type 2 diabetes.
Which regions anticipated opening lucrative market opportunities?
The Caribbean, Canada, and the U.S. remain among the important target markets for manufacturers in the market.
Ackee Market