Press release
Ackee Market Globally Expected to Drive Growth through 2018-2028
Fact.MR has adopted multi-disciplinary approach to shed light on the Ackee Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year, and key prospects over the forecast period 2018-2028.To get in-depth information view the report @
https://www.factmr.com/report/828/ackee-market
The insights and analytics on the Ackee Market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.
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The ackee 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 canned 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 the 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 ackee market will witness excellent growth in the upcoming years with increasing demand for Jamaican crops.
The ackee 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 canned 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 the 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 ackee market will witness excellent growth in the upcoming years with increasing demand for Jamaican crops.
The Caribbean, Canada, and the U.S. remain among the important target markets for manufacturers in the ackee market. Restaurants and hotel sector remains the primary target consumer group for leading manufacturers and distributors in the ackee market. As more than 50% demand for the ethnic food comes from the foodservice industry, established players in the ackee market are making deliberate steps to improve their position in the foodservice industry. Ackees in various forms such as canned and processed continue to gain popularity among the consumers across the globe, which ultimately triggers the growth of the ackee market.
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After reading the Ackee Market report, readers get insight into:
• Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
• New, promising avenues in key regions
• New revenue streams for all players in emerging markets
• Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
• Demand and uptake patterns in key industries of the Ackee Market
• New research and development projects in new technologies in key regional markets
• Changing revenue share and size of key product segments during the forecast period 2021-2031.
• Technologies and business models with disruptive potential
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This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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