Global Banana Powder Market Overview Industry Trends, Growth, End Use Insights, Regional Insights, Competitive Landscape And Forecast 2023

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Global Banana Powder Market Catalysed by
Associated Health Benefits
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Report Description and Highlights
Report Description

• Global Banana Powder Market Catalysed by
  Associated Health Benefits
• The global banana powder market has witnessed a
  moderate growth over the past few years. This can
  be attributed to the diverse applications of
  banana powder in the food, healthcare, animal
  feed and cosmetic industries.
• Banana is one of the most widely consumed fruits
  and is grown across various countries. The
  majority of the bananas produced worldwide are
  consumed directly, while a small part is
  processed into banana powder, which helps in
  expanding its shelf-life. Banana powder is mainly
  used for producing milkshakes, protein powder,
  baby food, etc. Further, it finds applications in
  various food products such as cakes, instant
  foods, beverages, seasonings, etc. A new research
  report by IMARC Group, titled Banana Powder
  Market Global Industry Trends, Share, Size,
  Growth, Opportunity and Forecast 2018-2023,
  estimates that the market reached a volume of
  around 234,000 Tons in 2017. The report further
  anticipates the market to reach a volume of
  310,000 Tons by 2023, at a projected CAGR of
  nearly 5 over the forecast period.
• Market Drivers/Constraints
• The several health benefits associated with
  banana powder stimulate its demand across the
  globe. Banana powder strengthens bones, enables
  quicker digestion and nutrition absorption,
  improves vision, prevents dehydration, regulates
  blood pressure, treats depression and relaxes
  muscles.

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Report Description and Highlights
Report Description

• Banana powder finds numerous applications in the
  food as well as non-food industries. Moreover, it
  is employed in the skincare and cosmetic sector,
  owing to its several skin benefits and in the
  feed industry, for feeding animals such as pig,
  fish, shrimp, etc.
• Some of the other factors that proliferate the
  demand for banana powder include its longer
  shelf-life, convenience and portability.
  Moreover, increasing global population and
  inflating income levels are proactive in
  maintaining the growth of the market.
• However, there are several factors that hamper
  the market growth. Bananas are endowed with extra
  calories that may gradually lead to unwanted
  weight gain. Apart from this, fluctuations in the
  prices of the raw material acts as another major
  deterrent.
• End-Use Insights
• Based on end-use, the food industry currently
  represents the largest end-use segment of banana
  powder. It is majorly used in the production of
  cakes, instant food products, solid beverages,
  etc. Food industry is followed by feed industry,
  wherein it is used in pet food and cattle feed.
• Read more here http//bit.ly/2DkivdI

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Report Description and Highlights
Report Description

•  
• Regional Insights
• On a geographical front, North America enjoys a
  leading position in the global banana powder
  market. The flourishing food and beverage
  industry has stimulated the demand for banana
  powder in the region. North America is followed
  by Asia Pacific, Europe, South America, and
  Middle East and Africa.
• Competitive Landscape
• The market is fragmented with the presence of
  numerous small manufacturers who compete in terms
  of quality and prices. There is a strong
  competition in the market which makes it
  difficult for small players to survive.
• Some of the leading players operating in the
  market are
• Chiquita
• Del Mote
• Dole
• Fyffes
• Noboa

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Report Description and Highlights
Packaging Type Insights Based on packaging
type, the market is segregated as pouches,
tetra-packs, bottles, cans and others. Amongst
these, pouches exhibit a clear dominance in the
market as they are versatile and light-weight in
nature. Distribution Channel Insights On the
basis of distribution channel, supermarkets
represent the biggest segment as they offer
convenience to the consumers. They are followed
by hypermarkets, discount stores, convenience and
grocery stores, organic specialty stores,
online/e-retailing, direct sales and
others. Regional Insights On a geographical
front, Europe enjoys a leading position in the
global organic dairy market, accounting for the
largest market share. Europe is followed by North
America, Asia Pacific, Latin America, and Middle
East and Africa.
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Report Description and Highlights
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Report Description and Highlights
Report Description

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