Will Jackfruit Save the Plant-Based CPG Industry?
Gail Kurpgeweit
CEO | Retail Food & Beverage CPG Product Developer & Specialty Foods Broker ??I help Restaurant brands convert popular menu items into hot-selling CPG retail food products and ?? IRetail Buyers drive incremental sales.
The plant-based CPG industry is at a crucial turning point: Once heralded as a transformative force in sustainable eating and a game-changing alternative to meat, the sector is now facing a noticeable slow-down.
A significant challenge for the plant-based industry lies in improving the texture, taste, and overall appeal of its products to attract a wider audience, particularly “flexitarians” who alternate between plant-based and meat-based options. Successfully engaging this consumer group is vital for expanding beyond the vegan and vegetarian niche and capturing a larger share of the market.
In this challenging landscape, jackfruit, a tropical fruit from South Asia, is positioning itself as a potential game-changer for the plant-based industry. With its meat-like texture, flavor-absorbing qualities, and resilience to high-temperature cooking, jackfruit is quickly becoming a standout ingredient in plant-based food products. This white paper delves into how jackfruit could revitalize the plant-based CPG industry and drive consumers back to the category.
Current Challenges in the Plant-Based CPG Industry
The plant-based CPG industry has grown rapidly, driven by increasing consumer awareness of health, ethical, and environmental issues associated with meat consumption. However, recent trends indicate a slowdown. Market research points to several challenges:
Jackfruit: A Natural Solution
Jackfruit offers several unique attributes that position it as a promising solution to the challenges facing the plant-based CPG industry:
Research and Market Insights
The potential of jackfruit as a meat alternative has been supported by various studies and market analyses:
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Strategic Recommendations for the CPG Industry
To capitalize on the potential of jackfruit, the plant-based CPG industry should consider the following strategies:
The plant-based CPG industry, while facing a temporary slowdown, has a significant opportunity to reignite consumer interest through the strategic use of jackfruit. With its naturally meat-like texture, flavor versatility, nutritional benefits, and sustainability, jackfruit addresses many of the challenges that have hindered the growth of plant-based products. By leveraging jackfruit’s unique qualities, the industry can create products that appeal to flexitarians and a broader audience seeking tasty, healthy, and environmentally friendly food options.
To fully realize the potential of jackfruit, plant-based CPG companies should focus on product innovation, consumer education, sustainable sourcing, and targeted marketing strategies. By doing so, they can position jackfruit-based offerings as a compelling alternative that meets consumer demand for clean-label, minimally processed, and flavorful products. As evidenced by the success of brands and restaurants that have already embraced jackfruit, such as Tacotarian, there is a clear appetite for innovative plant-based solutions. By capitalizing on this momentum, the plant-based CPG industry can not only overcome its current challenges but also lead the way in redefining the future of sustainable, plant-based eating.
At Pivot North Consulting Group (PNC), we specialize in transforming popular restaurant menu items into high-velocity CPG products that meet the demands of today's discerning consumers. Our proprietary Menu to Market system guides restaurant brands through every step of product development, from R&D and legally compliant labeling to packaging design, retail placement, and distribution.?
A great example of our success in the plant-based sector is our partnership with Tacotarian, a popular restaurant that offers innovative plant-based tacos. Through our collaboration, we have successfully launched Tacotarian's signature jackfruit-based taco filling into the retail market, allowing customers to enjoy their favorite plant-based meals at home. By leveraging our expertise, we help brands like Tacotarian scale their plant-based innovations, ensuring they reach a wider audience and contribute to the growth of the plant-based CPG industry.
References
#1 PR Firm Clutch, G2, & UpCity - INC 5000 #33, 2CCX, Gator100 ?? | Helping Brands Generate Game-Changing Media Opportunities ??Entrepreneur, Huffington Post, Newsweek, USA Today, Forbes
6 个月Great share, Gail!