The global market price for jackfruit is on the rise due to its increasing consumption as an alternative to meat, driven by its texture similarity to certain meat products.
Additionally, the growing preference for veganism and the rising number of vegetarians are contributing to this trend.
Moreover, the market demand for jackfruit is propelled by increasing awareness of its health benefits, including controlled cholesterol levels, blood pressure regulation, cancer risk reduction, and wound healing properties.
Therefore, the estimated average price of jackfruit is $0.64 per kilogram in 2028.