Ackee Market Share, Size, Trends, Industry Analysis Report, By Type (Fresh Ackee, Canned Ackee, Frozen Ackee); By Application; By Distribution Channel; By Region; Segment Forecast, 2023- 2032

Ackee Market Share, Size, Trends, Industry Analysis Report, By Type (Fresh Ackee, Canned Ackee, Frozen Ackee); By Application; By Distribution Channel; By Region; Segment Forecast, 2023- 2032



The global ackee market size is expected to reach USD 35.23 billion by 2032, according to a new study by Polaris Market Research. The report “Ackee Market Share, Size, Trends, Industry Analysis Report, By Type (Fresh Ackee, Canned Ackee, Frozen Ackee); By Application; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Islands are known to witness higher tourism due to their pleasant atmosphere. It is not only limited to the environment but also to food. The great dishes also work effectively to attract consumers from various places, fueling their traction all over the world. One of the nation's most reliant on tourism is the Caribbean. The World Tourism Organization (WTO) estimates that the tourism industry contributes almost 50% of the GDP of United Nations Member States and is the main driver of job growth and foreign exchange earnings for the Caribbean economy. Jamaica's export of ackee brought in about USD 33,026 for fresh ackee and a staggering USD 24.9 million for canned ackee in 2022 alone, demonstrating the crop's rising importance in the global market. This trend is projected to continue soon.

Governments are focused on enhancing their country's development process by increasing their ability to export finished products and raw materials to other nations, which ultimately increases the flow of money into their economy. Ackee is a widely used fruit in traditional Jamaican cuisine, and the Jamaican Ministry is currently seeking partnerships with private investors and agricultural entrepreneurs to help achieve the objectives of the New FACE (Food Security, Climate Change Technologies, Agribusiness Development, Export Expansion) of the Food Initiative.

Public-private partnerships (PPPs) provide a promising opportunity to combine the knowledge and resources of the government with the ingenuity and capital of the private sector, creating a dynamic ecosystem that can boost ackee production to new heights. The Ministry of Agriculture and Fisheries is strategically focused on establishing organized ackee orchards to improve productivity and enhance food security. All of Jamaica's parishes are suitable for growing ackee trees, but St. Elizabeth and Clarendon are particularly well-suited for forming organized orchards. This expansion may further drive demand for the ackee fruit during the study period.

Ackee Market Report Highlights

The canned segment is anticipated to witness the highest growth in the coming years due to its convenience for households, primarily working professionals.

The culinary use segment accounted for the larger market share owing to the growing awareness of international cuisines through tours and trips to the islands.

The online segment is projected to experience a larger revenue share due to the availability of products without geographical barriers.

North America is projected to register the largest growth rate in the study period owing to the rising adaptability of ackee fruit throughout the region.

The global players include Caribbean Food Delights, Chaokoh, Jamaican Teas Limited, Jamaica Valley & King Pepper Products.

Polaris Market Research has segmented the ackee market report based on type, application, distribution channel and region:

Ackee, Type Outlook (Revenue - USD Billion, 2019 - 2032)

Fresh Ackee

Canned Ackee

Frozen Ackee

Ackee, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Culinary Use

Catering and Foodservice

Snacks and Ready-to-eat

Ackee, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

Hypermarkets and Supermarkets

Convenience Stores

Online Retail

Ackee, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Ackee Market Insights
4.1. Ackee Market – Distribution Channel Snapshot
4.2. Ackee Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. The rise in tourism is expanding cultural and food diversity
4.2.1.2. Health benefits and nutritional value of ackee fruit
4.2.2. Restraints and Challenges
4.2.2.1. Limited availability in non-tropical regions
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Ackee Market Distribution Channel Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Ackee Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Ackee Market, by Type, 2019-2032 (USD Billion)
5.3. Fresh Ackee
5.3.1. Global Ackee Market, by Fresh Ackee, by Region, 2019-2032 (USD Billion)
5.4. Canned Ackee
5.4.1. Global Ackee Market, by Canned Ackee, by Region, 2019-2032 (USD Billion)
5.5. Frozen Ackee
5.5.1. Global Ackee Market, by Frozen Ackee, by Region, 2019-2032 (USD Billion)
6. Global Ackee Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Ackee Market, by Application, 2019-2032 (USD Billion)
6.3. Culinary Use
6.3.1. Global Ackee Market, by Culinary Use, by Region, 2019-2032 (USD Billion)
6.4. Catering and Foodservice
6.4.1. Global Ackee Market, by Catering and Foodservice, by Region, 2019-2032 (USD Billion)
6.5. Snacks and Ready-to-eat
6.5.1. Global Ackee Market, by Snacks and Ready-to-eat, by Region, 2019-2032 (USD Billion)
7. Global Ackee Market, by Distribution Channel
7.1. Key Findings
7.2. Introduction
7.2.1. Global Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
7.3. Hypermarkets and Supermarkets
7.3.1. Global Ackee Market, by Hypermarkets and Supermarkets, By Region, 2019-2032 (USD Billion)
7.4. Convenience Stores
7.4.1. Global Ackee Market, by Convenience Stores, By Region, 2019-2032 (USD Billion)
7.5. Online Retail
7.5.1. Global Ackee Market, by Online Retail, By Region, 2019-2032 (USD Billion)
8. Global Ackee Market, by Geography
8.1. Key findings
8.2. Introduction
8.2.1. Ackee Market Assessment, By Geography, 2019-2032 (USD Billion)
8.3. Ackee Market – North America
8.3.1. North America: Ackee Market, by Type, 2019-2032 (USD Billion)
8.3.2. North America: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.3.3. North America: Ackee Market, by Application, 2019-2032 (USD Billion)
8.3.4. Ackee Market – U.S.
8.3.4.1. U.S.: Ackee Market, by Type, 2019-2032 (USD Billion)
8.3.4.2. U.S.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.3.4.3. U.S.: Ackee Market, by Application, 2019-2032 (USD Billion)
8.3.5. Ackee Market – Canada
8.3.5.1. Canada: Ackee Market, by Type, 2019-2032 (USD Billion)
8.3.5.2. Canada.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.3.5.3. Canada: Ackee Market, by Application, 2019-2032 (USD Billion)
8.4. Ackee Market – Europe
8.4.1. Europe: Ackee Market, by Type, 2019-2032 (USD Billion)
8.4.2. Europe.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.4.3. Europe: Ackee Market, by Application, 2019-2032 (USD Billion)
8.4.4. Ackee Market – UK
8.4.4.1. UK: Ackee Market, by Type, 2019-2032 (USD Billion)
8.4.4.2. UK.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.4.4.3. UK: Ackee Market, by Application, 2019-2032 (USD Billion)
8.4.5. Ackee Market – France
8.4.5.1. France: Ackee Market, by Type, 2019-2032 (USD Billion)
8.4.5.2. France.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.4.5.3. France: Ackee Market, by Application, 2019-2032 (USD Billion)
8.4.6. Ackee Market – Germany
8.4.6.1. Germany: Ackee Market, by Type, 2019-2032 (USD Billion)
8.4.6.2. Germany.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.4.6.3. Germany: Ackee Market, by Application, 2019-2032 (USD Billion)
8.4.7. Ackee Market – Italy
8.4.7.1. Italy: Ackee Market, by Type, 2019-2032 (USD Billion)
8.4.7.2. Italy.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.4.7.3. Italy: Ackee Market, by Application, 2019-2032 (USD Billion)
8.4.8. Ackee Market – Spain
8.4.8.1. Spain: Ackee Market, by Type, 2019-2032 (USD Billion)
8.4.8.2. Spain.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.4.8.3. Spain: Ackee Market, by Application, 2019-2032 (USD Billion)
8.4.9. Ackee Market – Netherlands
8.4.9.1. Netherlands: Ackee Market, by Type, 2019-2032 (USD Billion)
8.4.9.2. Netherlands.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.4.9.3. Netherlands: Ackee Market, by Application, 2019-2032 (USD Billion)
8.4.10. Ackee Market – Russia
8.4.10.1. Russia: Ackee Market, by Type, 2019-2032 (USD Billion)
8.4.10.2. Russia.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.4.10.3. Russia: Ackee Market, by Application, 2019-2032 (USD Billion)
8.5. Ackee Market – Asia Pacific
8.5.1. Asia Pacific: Ackee Market, by Type, 2019-2032 (USD Billion)
8.5.2. Asia Pacific.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.5.3. Asia Pacific: Ackee Market, by Application, 2019-2032 (USD Billion)
8.5.4. Ackee Market – China
8.5.4.1. China: Ackee Market, by Type, 2019-2032 (USD Billion)
8.5.4.2. China.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.5.4.3. China: Ackee Market, by Application, 2019-2032 (USD Billion)
8.5.5. Ackee Market – India
8.5.5.1. India: Ackee Market, by Type, 2019-2032 (USD Billion)
8.5.5.2. India.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.5.5.3. India: Ackee Market, by Application, 2019-2032 (USD Billion)
8.5.6. Ackee Market – Malaysia
8.5.6.1. Malaysia: Ackee Market, by Type, 2019-2032 (USD Billion)
8.5.6.2. Malaysia.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.5.6.3. Malaysia: Ackee Market, by Application, 2019-2032 (USD Billion)
8.5.7. Ackee Market – Japan
8.5.7.1. Japan: Ackee Market, by Type, 2019-2032 (USD Billion)
8.5.7.2. Japan.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.5.7.3. Japan: Ackee Market, by Application, 2019-2032 (USD Billion)
8.5.8. Ackee Market – Indonesia
8.5.8.1. Indonesia: Ackee Market, by Type, 2019-2032 (USD Billion)
8.5.8.2. Indonesia.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.5.8.3. Indonesia: Ackee Market, by Application, 2019-2032 (USD Billion)
8.5.9. Ackee Market – South Korea
8.5.9.1. South Korea: Ackee Market, by Type, 2019-2032 (USD Billion)
8.5.9.2. South Korea.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.5.9.3. South Korea: Ackee Market, by Application, 2019-2032 (USD Billion)
8.6. Ackee Market – Middle East & Africa
8.6.1. Middle East & Africa: Ackee Market, by Type, 2019-2032 (USD Billion)
8.6.2. Middle East & Africa.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.6.3. Middle East & Africa: Ackee Market, by Application, 2019-2032 (USD Billion)
8.6.4. Ackee Market – Saudi Arabia
8.6.4.1. Saudi Arabia: Ackee Market, by Type, 2019-2032 (USD Billion)
8.6.4.2. Saudi Arabia.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.6.4.3. Saudi Arabia: Ackee Market, by Application, 2019-2032 (USD Billion)
8.6.5. Ackee Market – UAE
8.6.5.1. UAE: Ackee Market, by Type, 2019-2032 (USD Billion)
8.6.5.2. UAE.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.6.5.3. UAE: Ackee Market, by Application, 2019-2032 (USD Billion)
8.6.6. Ackee Market – Israel
8.6.6.1. Israel: Ackee Market, by Type, 2019-2032 (USD Billion)
8.6.6.2. Israel.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.6.6.3. Israel: Ackee Market, by Application, 2019-2032 (USD Billion)
8.6.7. Ackee Market – South Africa
8.6.7.1. South Africa: Ackee Market, by Type, 2019-2032 (USD Billion)
8.6.7.2. South Africa.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.6.7.3. South Africa: Ackee Market, by Application, 2019-2032 (USD Billion)
8.7. Ackee Market – Latin America
8.7.1. Latin America: Ackee Market, by Type, 2019-2032 (USD Billion)
8.7.2. Latin America.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.7.3. Latin America: Ackee Market, by Application, 2019-2032 (USD Billion)
8.7.4. Ackee Market – Mexico
8.7.4.1. Mexico: Ackee Market, by Type, 2019-2032 (USD Billion)
8.7.4.2. Mexico.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.7.4.3. Mexico: Ackee Market, by Application, 2019-2032 (USD Billion)
8.7.5. Ackee Market – Brazil
8.7.5.1. Brazil: Ackee Market, by Type, 2019-2032 (USD Billion)
8.7.5.2. Brazil.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.7.5.3. Brazil: Ackee Market, by Application, 2019-2032 (USD Billion)
8.7.6. Ackee Market – Argentina
8.7.6.1. Argentina: Ackee Market, by Type, 2019-2032 (USD Billion)
8.7.6.2. Argentina.: Ackee Market, by Distribution Channel, 2019-2032 (USD Billion)
8.7.6.3. Argentina: Ackee Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
9.1. Expansion and Acquisition Analysis
9.1.1. Expansion
9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
10.1. Caribbean Food Delights
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Benchmarking
10.1.4. Recent Development
10.2. Chaokoh
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Benchmarking
10.2.4. Recent Development
10.3. Golden Krust Caribbean Bakery & Grill
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Benchmarking
10.3.4. Recent Development
10.4. GraceKennedy
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Development
10.5. Island Love Foods
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Benchmarking
10.5.4. Recent Development
10.6. Jamaican Teas Limited
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Benchmarking
10.6.4. Recent Development
10.7. Jamaica Valley
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Development
10.8. King Pepper Products
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Benchmarking
10.8.4. Recent Development
10.9. Lasco Foods
10.9.1. Company Overview
10.9.2. Financial Performance
10.9.3. Product Benchmarking
10.9.4. Recent Development
10.10. Royal Montego Trading
10.10.1. Company Overview
10.10.2. Financial Performance
10.10.3. Product Benchmarking
10.10.4. Recent Development
10.11. Tropic Isle Living
10.11.1. Company Overview
10.11.2. Financial Performance
10.11.3. Product Benchmarking
10.11.4. Recent Development
10.12. Walkerswood Caribbean Foods
10.12.1. Company Overview
10.12.2. Financial Performance
10.12.3. Product Benchmarking
10.12.4. Recent Development
10.13. West Indian Pride
10.13.1. Company Overview
10.13.2. Financial Performance
10.13.3. Product Benchmarking
10.13.4. Recent Development

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