Global Banana Chips Market Overview:
Banana chips are the dried slice of the banana that is crispy and maintains full banana flavor. These are typically eaten as a snack or with nuts and chocolate. Banana chips are a good source of vitamin and minerals especially magnesium. These chips are moderately high in calories, of 1.5-ounce serving has 218 calories, or roughly 10 percent of your daily calorie allowance if considered that a person follows a standard of 2000 calories diet. Most of the calories come from carbohydrates and fat -25 and 14 grams respectively, which means one can keep the body fueled up between meals. But at the same time, more consumption of banana chips can trigger weight gain. Some of the key players profiled in the study are Baboon Bite (Thailand), Gold Chips (Philippines), BG Fruits and Nuts Corp (Philippines), Four Seasons Fruits Corporation (Philippines), Traina Foods (United States), Finelineasia Group of Companies Inc. (Philippines), KF Nutri Foods International Inc., (Philippines), Banaanaa Slice India Pvt Ltd (India), Greenville Agro Corporation (GAC) (Philippines), LTA Foods Manufacturing (Philippines), Prime Fruits International Inc. (Philippines) and EL Coco (GSL Premium Food Export Corporation) (Philippines).
On the basis of geography, the market of Banana Chips has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2018. If we see Market by Distribution Channels, the sub-segment i.e. Online will boost the Banana Chips market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavor, the sub-segment i.e. Plain will boost the Banana Chips market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Demand for Savory Snacks Among Young People
- Changing Dietary Habits and Increasing Health Consciousness is Increasing Demand of Banana Chips
- Introduction of Innovative Flavors in Banana Chips
- High-Cost Availability of Machines used in the Production of Banana Chips
- Seasonal Availability of Banana Chips
- Advancement in Banana Chips Producing Machines and Equipment
- Lack of Skilled Labours
- Unavailability of Banana Peeling Machines
Major Market Developments:
In November 2018, PepsiCo owned fruit and vegetable crisp maker bare snacks added fruit snacks. Bare strawberry banana chips are inspired by the classic banana and strawberry smoothie flavor and are made with a ripe banana that is baked and dusted with crushed strawberries. Combining two favorites into one crave an ably crunchy snack, bare strawberry banana chips joined the brand line of an oil-free banana chip. The new chips are an easy and deliciously convenient way to keep pace in a busy life with healthy fruit crunches.
Banana Chips Manufacturers, Banana Chips International Traders, Banana Chips Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Banana Chips market on the basis of product [Fried and Dried] , application , key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Banana Chips market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Banana Chips industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Super Golden Foods (India) and Ok Chips (Brand Of G. K Traders) (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Banana Chips market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.