PUBLISHER: TechNavio | PRODUCT CODE: 1557610
PUBLISHER: TechNavio | PRODUCT CODE: 1557610
The banana flour market is forecasted to grow by USD 65.2 mn during 2023-2028, accelerating at a CAGR of 3.27% during the forecast period. The report on the banana flour market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in production of unripe bananas, excellent source of resistant starch, and increasing adoption of banana flour in baking industry.
Technavio's banana flour market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.14% |
CAGR | 3.27% |
Incremental Value | $65.2mn |
By Application
By Geographical Landscape
This study identifies the rising adoption of clean labeling as one of the prime reasons driving the banana flour market growth during the next few years. Also, changing consumer demographics and rising popularity of paleo diet will lead to sizable demand in the market.
The report on the banana flour market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading banana flour market vendors that include APKA Industries, Ceres Organics Pvt. Ltd, Dr FOOD NUTRI INDUSTRIES, Hearthy Foods, International Agriculture Group, Jiwa, Kadac Pty Ltd., Kanegrade Ltd., KOKOS Natural, LiveKuna, Miski Organic Superfoods Inc, Natural Evolution Pty Ltd., Pereg Gourmet Spices, Phalada Pure and Sure, Saipro Biotech Pvt. Ltd., Seawind International, Symrise AG, Synergy Food Industries, Urban Platter, and Woodland Foods Ltd.. Also, the banana flour market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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