Emotional heritage and superior flavor profiles can drive consumer demand for premium products, allowing them to bypass rational pricing logic even when costs are high due to factors like air freight.
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The $40 Taste of Home: Diaspora Demand Drives Indian Mango Surge本站添加:
Would you pay $40 for a box of mangoes?
For many in the Indian diaspora living in the US, that price tag is about more than just fruit. While Latin American varieties usually dominate the US produce aisle, premium Indian mangoes like the Kisar and Alonso are seeing a massive surge in demand. Despite the high cost driven largely by air freight, consumers are proving that emotional heritage and superior flavor profiles can bypass rational pricing logic. I'm Jen Stley, editorial director of the packer. And I recently sat down with the CEO of India's KB Exports to discuss this mango fever. He explains that while the media has reported prices as high as $60 per box, the reality is closer to 40. a price point affluent consumers are more than happy to pay for a taste of their homeland.
Looking ahead, the CEO says the future for Indian mangoes in the US is bright with imports expected to jump from 4,000 to 10,000 tons over the next few years.
For more on this story, head to theacker.com.
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