PUBLISHER: Value Market Research | PRODUCT CODE: 1361777
PUBLISHER: Value Market Research | PRODUCT CODE: 1361777
The global demand for Banana Flour Market is presumed to reach the market size of nearly USD 1343.27 MN by 2030 from USD 805.58 MN in 2022 with a CAGR of 7.8% under the study period of 2023-2030.
Banana Flour is a powder prepared from raw bananas. It is a healthy product from a nutritional point of view and a better alternative to wheat flour. Hence it includes in the paleo diet. Though it retains that raw banana flavor, yet after cooking, very little of that smell is left, and then it gets an earthy, non-banana taste. It resembles the color of regular flour. Gluten intolerants or those suffering from celiac disease, this is a replacement for wheat flour. Banana is good for digestion, helps in weight loss, controls blood sugar levels, lowers cholesterol, and has various other health benefits.
According to the market forecast from 2022 to 2029, the market growth of banana flour is stable. The key driver is the growing number of people becoming health conscious and the preference for products with natural ingredients as part of their daily diet. Moreover, the pandemic puts the focus on consuming nutritionally rich foods. The demand for organic banana flour has risen. Banana plants and banana fruits both have numerous health benefits; they contain fiber, some important vitamins like A, C, B6, and potassium which are essential for the human body. They have the antioxidant capacity and boost immunity. So, these factors will determine the banana flour market in the coming years.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of banana flour. The growth and trends of Banana Flour Industry provide a holistic approach to this study.
This section of the banana flour market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the egional outlook, which accentuates current and future demand for the Banana Flour market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Banana Flour market include Pereg Gourmet Spices, Dr. Food Banatone, Seawind Foods, Woodland Foods, Divine Foods, APKA Industries, Miski Organics, Saipro Biotech Private Limited, LiveKuna, Diana Foods, Synergy Food Industries. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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