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Global Banana Flakes Market: By Nature: Organic, Conventional; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Specialty Store, Online, Others; By Application; Regional Analysis; Historical Market and Forecast (2015-2025); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Banana Flakes Market Outlook

The global banana flakes market witnessed a healthy growth in the historical period of 2015-2019, aided by the rising demand for healthy and organic nutrition. The market is expected to grow at a CAGR of 4.5% during the forecast period of 2020-2025.

 

Developed Regions to Significantly Aid the Market Growth for Banana Flakes

The volume sales of banana flakes in countries like India, Australia, North America, and the European Union are at the higher end. The demand for banana flakes has been rising rapidly, owing to the growing popularity of organic food. The use of banana flakes is considerably high as a raw material in the bakery and dairy industry in Europe, thus pushing the demand forward for the product. Companies like Nestle and Danone are the significant manufacturers of breakfast cereals and infant food, in which the product finds significant use. Most of these companies are based in the developed nations of the North American and European markets, thus, driving the supply of banana flakes upward. Moreover, the presence of well-developed distribution channels in these countries is propelling the market forward. 

 

Banana Flakes: Industry Definition and Segmentation

Banana flakes are derived from naturally ripened bananas which are then carefully dehydrated. They are characterized by their high content of fibres and minerals like potassium, iron, magnesium, calcium, and zinc, as well as many trace elements and vitamins (A, B, B6, B9, C, and E).

Based on type, the market is bifurcated into:

  • Organic
  • Conventional

Based on distribution channels, the industry is segmented into:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online
  • Others

Based on application, the market is bifurcated into:

  • Beverage
  • Food
  • Feed
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Demand for Healthy and Organic Nutrition is Driving the Banana Flakes Market Growth

With the growing health consciousness among consumers, the demand for healthier food items like banana flakes is gaining traction. Banana flakes are gluten-free, which has led to their adoption by patients suffering from cardiovascular diseases and people suffering from gluten allergies. The market has also shown growth in the infant nutrition segment, which can be attributed to the growing focus of parents on providing their children with nutritious food. The trend of consuming organic food is becoming popular across the world; thus, further aiding the rapid growth of the market. Moreover, abundant farming of bananas across several regions has resulted in an increased production of these products. These factors are significantly boosting the market growth.
 

Key Industry Players in the Global Banana Flakes Market

The report gives a detailed analysis of the following key players in the global banana flakes market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Diana Group
  • Dermasal
  • Rabeler Fruchtchips GmbH
  • Certifications Naturkostbar AG
  • Z Natural Foods, LLC
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.

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    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Banana Flakes Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Banana Flakes Historical Market (2015-2019) 
    8.3    Global Banana Flakes Market Forecast (2020-2025)
    8.4    Global Banana Flakes Market by Nature
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2015-2019)
            8.4.1.3    Forecast Trend (2020-2025)
        8.4.2    Conventional
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2015-2019)
            8.4.2.3    Forecast Trend (2020-2025)
    8.5    Global Banana Flakes Market by Distribution Channel
        8.5.1    Supermarkets and Hypermarkets
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2015-2019)
            8.5.1.3    Forecast Trend (2020-2025)
        8.5.2    Convenience Stores
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2015-2019)
            8.5.2.3    Forecast Trend (2020-2025
        8.5.3    Specialty Store
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2015-2019)
            8.5.3.3    Forecast Trend (2020-2025)
        8.5.4    Online
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2015-2019)
            8.5.4.3    Forecast Trend (2020-2025
        8.5.5    Others
    8.6    Global Banana Flakes Market by Application
        8.6.1    Beverage
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2015-2019)
            8.6.1.3    Forecast Trend (2020-2025)
        8.6.2    Food
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2015-2019)
            8.6.2.3    Forecast Trend (2020-2025)
        8.6.3    Feed
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2015-2019)
            8.6.3.3    Forecast Trend (2020-2025)
        8.6.4    Others
    8.7    Global Banana Flakes Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2015-2019)
        9.1.2    Forecast Trend (2020-2025)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2015-2019)
        9.2.2    Forecast Trend (2020-2025)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2015-2019)
        9.3.2    Forecast Trend (2020-2025)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2015-2019)
        9.4.2    Forecast Trend (2020-2025)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2015-2019)
        9.5.2    Forecast Trend (2020-2025)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.2    Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.3    Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.4    Latin America Historical Price Trends (2015-2019) & Forecast (2020-2025)
    12.5    Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
13    Manufacturing Process
    13.1    Overview
    13.2    Detailed Process Flow
    13.3    Operation Involved
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    Diana Group
            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    Dermasal
            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    Rabeler Fruchtchips GmbH
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
        14.2.4    Certifications Naturkostbar AG
            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    Z Natural Foods, LLC. 
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Others
15    Industry Events and Developments

 

List of Figures and Tables

1.    Global Banana Flakes Market: Key Industry Highlights, 2015 and 2025
2.    Global Banana Flakes Historical Market: Breakup by Nature (USD Million), 2015-2019
3.    Global Banana Flakes Market Forecast: Breakup by Nature (USD Million), 2020-2025
4.    Global Banana Flakes Historical Market: Breakup by Distribution Channel (USD Million), 2015-2019
5.    Global Banana Flakes Market Forecast: Breakup by Distribution Channel (USD Million), 2020-2025
6.    Global Banana Flakes Historical Market: Breakup by Application (USD Million), 2015-2019
7.    Global Banana Flakes Market Forecast: Breakup by Application (USD Million), 2020-2025
8.    Global Banana Flakes Historical Market: Breakup by Region (USD Million), 2015-2019
9.    Global Banana Flakes Market Forecast: Breakup by Region (USD Million), 2020-2025
10.    North America Banana Flakes Historical Market: Breakup by Country (USD Million), 2015-2019
11.    North America Banana Flakes Market Forecast: Breakup by Country (USD Million), 2020-2025
12.    Europe Banana Flakes Historical Market: Breakup by Country (USD Million), 2015-2019
13.    Europe Banana Flakes Market Forecast: Breakup by Country (USD Million), 2020-2025
14.    Asia Pacific Banana Flakes Historical Market: Breakup by Country (USD Million), 2015-2019
15.    Asia Pacific Banana Flakes Market Forecast: Breakup by Country (USD Million), 2020-2025
16.    Latin America Banana Flakes Historical Market: Breakup by Country (USD Million), 2015-2019
17.    Latin America Banana Flakes Market Forecast: Breakup by Country (USD Million), 2020-2025
18.    Middle East and Africa Banana Flakes Historical Market: Breakup by Country (USD Million), 2015-2019
19.    Middle East and Africa Banana Flakes Market Forecast: Breakup by Country (USD Million), 2020-2025
20.    North America Historical Price Trends and Forecast 2015-2025
21.    Europe Historical Price Trends and Forecast 2015-2025
22.    Asia Pacific Historical Price Trends and Forecast 2015-2025
23.    Latin America Historical Price Trends and Forecast 2015-2025
24.    Middle East and Africa Historical Price Trends and Forecast 2015-2025
25.    Global Banana Flakes Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4% between 2020 and 2025.

The major drivers of the industry, such as growing health consciousness, rising middle class population, increasing demand from the dairy and bakery sectors, and growing adoption of nutritious food for infants, are expected to aid the market growth.

The key trend driving the growth of the industry includes the growing demand for organic food products.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.

The leading product types in the industry are organic and conventional.

Supermarkets and hypermarkets, convenience stores, speciality stores and online, among others, are the major distribution channels for the product.

The significant application sectors in the industry are beverage, food, and feed, among others.

The major players in the industry are Diana Group, Dermasal, Rabeler Fruchtchips GmbH, Certifications Naturkostbar AG, and Z Natural Foods LLC., among others.

Analyst Review

The global banana flakes market is being driven by increasing demand for organic food. Aided by the rising demand for gluten-free products, the market is expected to witness further growth in the forecast period of 2020-2025, growing at a CAGR of 4.0%.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product type, the market is bifurcated into organic and conventional. Based on distribution channels, the market is divided into supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others. Based on application, the industry is majorly divided into beverage, food, and feed, among others. The major regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Diana Group, Dermasal, Rabeler Fruchtchips GmbH, Certifications Naturkostbar AG, and Z Natural Foods LLC., among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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