The Northern Territory could soon be the leading Jackfruit supplier of the nation, with a new trial underway.
Through a joint trial between AgriFuture Australia and theTerritory Government, over a million dollars is being invested to incentivise NT Farmers to grow commercially viable jackfruit and jackfruit products.
Despite having the ideal tropical climate to grow Jackfruit and being the closest trading partner to the world’s leading jackfruit consumer, South-East Asia, the Australian Jackfruit industry is only worth $2.6 million in comparison to nearly $400 million globally.
This trial allows NT Farmers to submit a sample of their Jackfruit for assessments to determine commercial viability, processing suitability and will explore opportunities for the farmer to expand their crop with advanced research.
It will also examine the commercial viability of emerging jackfruit products, allowing growers to diversity their produce when the fresh fruit market becomes overwhelmed.
As we increase the supply of Jackfruit through this trial the costs of the exotic fruit will reduce, assisting businesses in the Territory who commonly use the fruit as a vegetarian and vegan substitute.
This trial will build networks between commercial partners from across the world’s supply chain to increase industry capacity and grow the Territory’s Agribusiness Sector to $2 billion by 2030.
If you are interested in participating contact [[email protected]]
Quotes attributed to Minister for Agribusiness and Fisheries, Mark Monaghan:
“The Territory Labor Government is diversifying our economy and creating more working opportunities through innovative trials.
“There are so many uses for Jackfruit and a large potential for the Northern Territory to become a key supplier in the worlds demand for the exotic fruit, especially if we take full advantage of our export routes to Asia.
“This trial is a part of the Lawler Labor Government’s plan to grow our Agribusiness sector to $2 billion by 2030.
Northern Territory Government
