Sale

Australia Banana Market

Australia Banana Market Size, Share, Analysis, Forecast: By Type: Organic Bananas, Plantains, Regular Bananas, Processed Bananas, Others; By Application: Banana Pulp, Banana Processing, Banana Concentrate, Banana Powder, Banana Wafers, Banana Wine, Others; By Distribution Channel; Regional Analysis; Competitive Landscape; 2024-2032

Australia Banana Market Outlook

The Australia banana market size reached 375.32 tons in 2023. The market is further projected to grow at a CAGR of 0.7% between 2024 and 2032, reaching a volume of 402.03 tons by 2032.

 

Key Takeaways

  • 95% of Australian households purchased bananas in the financial year ending June 2021.
  • Approximately 362,000 tonnes of fresh bananas, valued at USD 597 million, were sold by Australian growers in the 2020–2021 fiscal year.
  • 94% of Australia's bananas are produced in Queensland. The Atherton Tablelands, the Cassowary Coast (Tully, Innisfail, and Kennedy), and Lakeland (north of Cairns) are Queensland's main growing regions.

 

The banana market is projected to expand at a promising CAGR due to the increasing demand for healthy and convenient snacks. Bananas are rich in essential nutrients, such as potassium, vitamin C, and dietary fibre, which contribute to their popularity among health-conscious consumers. Also, as consumers become more environmentally conscious, banana growers who adopt sustainable farming practices are likely to see increased demand for their products.

 

Moreover, the Australian government has approved a genetically modified Cavendish banana designed to combat Panama Disease TR4, which could potentially increase the Australia banana market growth by protecting crops from diseases and increase overall production.

 

The Australian banana market includes a segment for organic bananas, which cater to consumers looking for pesticide-free and environmentally friendly produce. Organic bananas are grown without synthetic chemicals and pesticides, appealing to a niche market segment that prioritises sustainability and health. Plantains are another significant segment in the Australian banana market. Like regular bananas, plantains are starchier and often used in cooking due to their versatility. They are a staple in many cuisines and offer a unique flavour profile compared to regular bananas.

 

Regular bananas, such as the popular Cavendish variety, dominate the Australian banana market share, representing a significant portion of production and consumption. These bananas are widely consumed across the country and are a staple fruit in many households. The Cavendish banana accounts for approximately 97% of the total production. Other varieties, such as Lady Fingers, Red Dacca, Goldfinger, Sucrier, Ducasse, and Plantains, make up the remaining 3%.

 

Processed bananas segment includes various banana products like banana chips, banana puree, and banana powder. Processed bananas offer convenience and versatility in culinary applications, catering to consumer preferences for ready-to-eat or easy-to-use banana products.

 

Australia Banana Market

 

Market Segmentation

Australia Banana Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Type

  • Organic Bananas
  • Plantains
  • Regular Bananas
  • Processed Bananas
  • Others

 

Market Breakup by Application 

  • Banana Pulp
  • Banana Processing
  • Banana Concentrate
  • Banana Powder 
  • Banana Wafers
  • Banana Wine    
  • Banana Puree
  • Banana Chips
  • Banana Beer 
  • Others

 

Market Breakup by Distribution Channel 

  • Hypermarkets and Supermarkets
  • Online
  • Speciality Store
  • Others  

 

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Western Australia
  • Australian Capital Territory
  • Others

 

Competitive Landscape

Market players are focused on expanding their production capabilities to enhance their share, revenue, and stay ahead in the competition.

 

  • Pacific Coast Eco Bananas
  • ROYAL NUT COMPANY
  • Nuts About Life Pty Ltd
  • Woolworths Group Limited
  • Others

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
  • Distribution Channel
  • Region
Breakup by Type
  • Organic Bananas
  • Plantains
  • Regular Bananas
  • Processed Bananas
  • Others
Breakup by Application
  • Banana Pulp
  • Banana Processing
  • Banana Concentrate
  • Banana Powder 
  • Banana Wafers
  • Banana Wine    
  • Banana Puree
  • Banana Chips
  • Banana Beer 
  • Others
Breakup by Distribution Channel
  • Hypermarkets and Supermarkets
  • Online
  • Speciality Store
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Pacific Coast Eco Bananas
  • ROYAL NUT COMPANY
  • Nuts About Life Pty Ltd
  • Woolworths Group Limited
  • Others

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface  
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers    
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Australia Banana Market Overview

    8.1    Key Industry Highlights
    8.2    Australia Banana Historical Market (2018-2023) 
    8.3    Australia Banana Market Forecast (2024-2032)
9    Australia Banana Market by Type
    9.1    Organic Bananas 
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Plantains
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
    9.3    Regular Bananas
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
    9.4    Processed Bananas
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
    9.5    Others
10    Australia Banana Market by Application 
    10.1     Banana Pulp
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2      Banana Processing
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3      Banana Concentrate
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Banana Powder 
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5     Banana Wafers
        10.5.1    Historical Trend (2018-2023)
        10.5.2    Forecast Trend (2024-2032)
    10.6    Banana Wine    
        10.6.1    Historical Trend (2018-2023)
        10.6.2    Forecast Trend (2024-2032)
    10.7    Banana Puree
        10.7.1    Historical Trend (2018-2023)
        10.7.2    Forecast Trend (2024-2032)
    10.8    Banana Chips
        10.8.1    Historical Trend (2018-2023)
        10.8.2    Forecast Trend (2024-2032)
    10.9    Banana Beer 
        10.9.1    Historical Trend (2018-2023)
        10.9.2    Forecast Trend (2024-2032)
    10.10    Others
11    Australia Banana Market by Distribution Channel 
    11.1    Hypermarkets and Supermarkets
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Online
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Specialty Store
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Others  
12    Australia Banana Market by Region
    12.1    New South Wales
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Victoria
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Queensland
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Australian Capital Territory
        12.4.1    Historical Trend (2018-2023)
        12.4.2    Forecast Trend (2024-2032)
    12.5    Western Australia
        12.5.1    Historical Trend (2018-2023)
        12.5.2    Forecast Trend (2024-2032)
    12.6    Others
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis
        13.2.1    Supplier’s Power
        13.2.2    Buyer’s Power
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
    13.3    Key Indicators for Demand
    13.4    Key Indicators for Price
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Pacific Coast Eco Bananas  
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    ROYAL NUT COMPANY  
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Nuts About Life Pty Ltd   
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Woolworths Group Limited  
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    Others
15    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Australia Banana Market: Key Industry Highlights, 2018 and 2032
2.    Australia Banana Historical Market: Breakup by Type (Tons), 2018-2023
3.    Australia Banana Market Forecast: Breakup by Type (Tons), 2024-2032
4.    Australia Banana Historical Market: Breakup by Application (Tons), 2018-2023
5.    Australia Banana Market Forecast: Breakup by Application (Tons), 2024-2032
6.    Australia Banana Historical Market: Breakup by Distribution Channel (Tons), 2018-2023
7.    Australia Banana Market Forecast: Breakup by Distribution Channel (Tons), 2024-2032
8.    Australia Banana Historical Market: Breakup by Region (Tons), 2018-2023
9.    Australia Banana Market Forecast: Breakup by Region (Tons), 2024-2032
10.    Australia Banana Market Structure

Key Questions Answered in the Report

In 2023, the market reached an approximate volume of 375.32 tons.

The market is expected to grow at a CAGR of 0.7% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach 402.03 tons by 2032.

The market is being driven due to rising production of bananas in the country, increasing use of bananas in making snacks, such as banana chips, and the health benefits offered by bananas.

Key trends aiding the market expansion are development of genetically modified bananas, adoption of sustainable farming practices, and rising purchasing levels of bananas.

Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.

Different distribution channels in the market are hypermarkets and supermarkets, online, speciality store, among others.

Based on applications, the market segmentations include banana pulp, banana processing, banana concentrate, banana powder, banana wafers, banana wine, banana puree, banana chips, and banana beer.

Organic bananas, plantains, regular bananas, and processed bananas are considered in the report.

Key players in the market are Pacific Coast Eco Bananas, ROYAL NUT COMPANY, Nuts About Life Pty Ltd, and Woolworths Group Limited, among others.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER