Scope of the Study
Banana considered as one of the world’s most significant fresh fruit commodity and highly consumed fruit across the globe. There are various process to make powder from banana such as freeze dried, spray dried, sun-dry, tray dried, drum, and vacuum. Increasing bakery products such as cakes, pastry, shakes, and others are fueling the growth of the market. Additionally, rising demand from the pharmaceutical sector as banana helps in reducing the risk of asthma, lowering blood pressure, cancer protection and others have been supplementing the overall growth of the market. However, banana powder comes with extra calories that lead to unwanted weight gain and continuous fluctuation in raw material costs are reasons responsible for limiting the growth of the market. Moreover, increasing the production of green bananas and the rising demand for natural ingredients in baby food can be considered an opportunity for the market.
The market study is being classified, by Application (Food and Beverage (Infant Food, Bakery Products, Seasonings, Puffed Food), Cosmetics, Pharmaceuticals, Animal Feed and Others) and major geographies with country level break-up.
Mevive International Food Ingredients (India), Safety Foods Pvt Ltd (India), Taj Agro International (India), Vinayak Ingredients (India), Shree Biotech (India), Naturalin Bio-Resources Co. Ltd (China), Santosh Food Products (India), Chiquita Brands International, Inc (United States), Guangxi ENDU High-Tech (China), Perennial Lifesciences Private Limited and Qingdao Xinmeixiang Foods (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Shaanxi Jintai Biological Engineering (China) and Shine-Ball (United States).
Research Analyst at AMA predicts that Asian and United States Vendors will contribute to the maximum growth of Global Banana Powder market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Banana Powder market by Type, Application and Region.
On the basis of geography, the market of Banana Powder 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). If we see Market by Moisture Level, the sub-segment i.e. Less than or Equal to 6% will boost the Banana Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Banana Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Process Type, the sub-segment i.e. Freeze Dried will boost the Banana Powder market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand for Banana Flavor from Food Industry
- Rising Demand for a gluten-free product due to Health Awareness
- Increasing Production of Bakery Products
- Increasing Demand for Natural Anti-Diarrheal from Health Care Sector
- Rising Demand for Banana Food Products as Banana Helps in Reducing the Risk of Asthma, Lowering Blood Pressure, Cancer Protection, and others
- Banana Powder Comes with Extra Calories that Lead to Unwanted Weight Gain
- Increasing Production of Green Bananas
- Rising Demand for Natural Ingredients in Baby Food
- Continuously Fluctuation in Raw Material Costs
In 2018, Dermablend Pro had launched Illuminating Banana Powder to offer a warm luminous finish and the powder is suitable for all skin tones for time duration 16-hour. The power is transfer resistant as well as a smudge. These all features make the power different from other product and it is available at a cheaper price. The new launch can create a big opportunity for the company.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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