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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 (2018-2028); 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 2018-2022, 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 2023-2028.
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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.
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Banana Flakes: Market 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 nature, 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 divided 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.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Nature, Distribution Channel, Application, Region |
| Breakup by Nature | Organic, Conventional |
| Breakup by Distribution Channel | Supermarkets and Hypermarkets, Convenience Stores, Specialty Store, Online, Others |
| Breakup by Application | Beverage, Food, Feed, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Price Analysis | Historical and Forecast Price Trends- Regional |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Diana Group, Dermasal, Rabeler Fruchtchips GmbH, Naturkostbar AG, Z Natural Foods, LLC., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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 Opportunities and Challenges in the Market
8 Global Banana Flakes Market Analysis
8.1 Key Industry Highlights
8.2 Global Banana Flakes Historical Market (2018-2022)
8.3 Global Banana Flakes Market Forecast (2023-2028)
8.4 Global Banana Flakes Market by Nature
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Convenience Stores
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028
8.5.3 Specialty Store
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Online
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028
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 (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Food
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Feed
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Banana Flakes Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Banana Flakes Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Banana Flakes Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Banana Flakes Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Banana Flakes Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Banana Flakes Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.2 Europe Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.3 Asia Pacific Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.4 Latin America Historical Price Trends (2018-2022) & Forecast (2023-2028)
16.5 Middle East & Africa Historical Price Trends (2018-2022) & Forecast (2023-2028)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Diana Group
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Dermasal
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Rabeler Fruchtchips GmbH
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Naturkostbar AG
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Z Natural Foods, LLC.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Banana Flakes Market: Key Industry Highlights, 2018 and 2028
2. Global Banana Flakes Historical Market: Breakup by Nature (USD Million), 2018-2022
3. Global Banana Flakes Market Forecast: Breakup by Nature (USD Million), 2023-2028
4. Global Banana Flakes Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
5. Global Banana Flakes Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
6. Global Banana Flakes Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Banana Flakes Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Banana Flakes Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Banana Flakes Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Banana Flakes Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Banana Flakes Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Banana Flakes Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Banana Flakes Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Banana Flakes Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Banana Flakes Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Banana Flakes Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Banana Flakes Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Banana Flakes Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Banana Flakes Market Forecast: Breakup by Country (USD Million), 2023-2028
20. North America Historical Price Trends and Forecast 2018-2028
21. Europe Historical Price Trends and Forecast 2018-2028
22. Asia Pacific Historical Price Trends and Forecast 2018-2028
23. Latin America Historical Price Trends and Forecast 2018-2028
24. Middle East and Africa Historical Price Trends and Forecast 2018-2028
25. Global Banana Flakes Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4% between 2021 and 2026.
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 nature 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 2023-2028, 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 nature 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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