PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1629740
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1629740
The Global Banana Bread Market is estimated to be valued at USD 1.37 Bn in 2024 and is expected to reach USD 1.95 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Report Coverage | Report Details | ||
---|---|---|---|
Base Year: | 2023 | Market Size in 2024: | US$ 1.37 Bn |
Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: | 5.20% | 2031 Value Projection: | US$ 1.95 Bn |
Banana bread is a type of bread made from mashed banana, sugar, butter or oil, eggs, flour, baking powder, and sometimes spices like cinnamon or nutmeg. It is a quick bread that does not use yeast and does not require a long rising period. Banana bread has gained popularity as a delicious and easy to make breakfast or snack option. The market has been expanding driven by growing health consciousness and preferences for homemade and organic foods.
The global banana bread market is driven by various factors such as increasing demand for homemade and organic bakery products, health benefits of banana bread consumption, and growing working population preferring easy to make snacks and breakfast options. However, high prices of premium organic ingredients ad preservatives and fluctuations in raw material prices act as restraints for the market. Emerging opportunities include product innovation in textures, flavors, and nutritional value. Manufacturers are developing low calorie, gluten free, and high fiber varieties to cater to evolving consumer preferences.
This report provides in-depth analysis of the global banana bread market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global banana bread market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Bimbo Bakeries USA, The Hain Celestial Group, Inc., Dave's Killer Bread, Nature's Bakery, Annie's Homegrown, Inc., King Arthur Baking Company, Sourdough Bread Co., Sweet Home Farm, Udi's Gluten Free, Thomas' English Muffins, Pepperidge Farm, Inc., Blue Diamond Growers, and Hostess Brands, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global banana bread market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global banana bread market