Banana Powder Market

Banana Powder Market Size, Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2020-2025 | ExpertMarketResearch.com

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According to a new report by Expert Market Research, the global banana powder market reached a volume of 255 Thousand Tons in 2018 and is further expected to reach 333 Thousand Tons by 2024. Over the past several years, there has been an augmented demand for banana powder in the food and beverage industry where it is widely used in a number of food products and drinks. In addition, changing food preferences coupled with lifestyle changes have also led to its increasing demand across the world. Some of the other factors that have further added to the market growth include population growth, increasing disposable incomes and a strong demand from emerging markets.

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Banana powder is a rich source of minerals, proteins, potassium, antioxidants and dietary fibre. It offers various health benefits such as it maintains heart and eye health, builds strong bones, overcomes depression, prevents kidney cancer, controls blood sugar, treats various intestinal disorders as well as aids digestion. Owing to the aforementioned characteristics of banana powder, it currently finds wide applications across various industries. Banana powder is prepared by processing nutrient-rich bananas which are dipped into the warm water and are further peeled, sliced, blanched, mashed, diluted and filtered. The filtered banana juice is then spray dried to obtain the banana powder. The process increases its shelf life, thereby, providing the ease of storage and transportation.

Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/banana-powder-market

Market breakup by End-use:

  • Food and Beverage
  • Feed
  • Others

Competitive Landscape:

  • Chiquita
  • Fresh Del Monte Produce Inc (NYSE: FDP)
  • Dole Food (NYSE:DOLE)
  • Fyffes
  • Noboa

Market Breakup by Regions:

1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others

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