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Global Banana Powder Market: By Source: Organic, Conventional; By Process Type: Freeze Dried, Spray Dried, Others; By Sales Channel: Direct sales, Indirect sales; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Price Analysis; Competitive Landscape; Events and Developments

Global Banana Powder Market Outlook

In 2019, the global banana powder market attained a value of USD 948.7 million. The market is expected to grow further in the forecast period of 2020-2025 at a CAGR of 6% to reach USD 1345.7 million by 2025.

This report by Expert Market Research, entitled “Banana Powder Market Report and Forecast 2020-2025”, provides a comprehensive analysis for anyone who plans to foray into the banana powder market.

 

Banana Powder Market Size

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Historical industry trends for the banana powder market have been provided from 2015-2019 and forecasts till 2025. On a regional level, the report has segmented the industry into the following regions – North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. Currently, the Asia Pacific represents the largest market. Within Asia Pacific - India and China currently represent the biggest markets.

The value chain analysis of the product has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution.  Furthermore, the study assesses the banana powder market based on Porter’s five forces model, which evaluates the level of competition in the industry by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants.

This report provides an exhaustive insight for setting-up and running a banana powder manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.

 

Banana Powder Market by Process Type

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Properties and Applications

Banana powder is manufactured from fully ripened banana fruits either through drum drying or spray drying process. Processing of bananas into banana powder increases their shelf life to more than 6 months, gives the ease of transportation, and provides proper utilisation of bananas.

The report has analysed the global banana powder market on the basis of its end-use. Food industry currently represents the biggest end-use industry followed by the feed industry. Based on the source, the industry can be bifurcated into organic and conventional sources. On the basis of process type, it is segmented into freeze and spray dried. Direct and indirect sales are the major sales channels for the product in the market.

 

Banana Powder Market by Region

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Market Analysis

The industry is currently being driven by a growing demand of the product in the food industry as it is largely used in the confectionery sector (cakes, breads, pastries etc.), ice cream preparations and infant food products. The demand of banana powder is also growing in animal feed preparations, various cosmetics and pharmaceutical products.

In order to prepare this research report, Expert Market Research conducted face to face and telephone interviews with numerous industry participants in the banana powder industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.

Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its industry forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.

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 Powder Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Banana Powder Historical Market (2016-2020) 
    8.3    Global Banana Powder Market Forecast (2021-2026)
    8.4    Global Banana Powder Market by Source
        8.4.1    Organic
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Conventional
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Banana Powder Market by Process Type
        8.5.1    Freeze Dried
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Spray Dried
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Others
    8.6    Global Banana Powder Market by Sales Channel
        8.6.1    Direct sales
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Indirect sales
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
    8.7    Global Banana Powder Market by End Use
        8.7.1    Food Industry
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Feed Industry
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Others
    8.8    Global Banana Powder Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        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 (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        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    Buyers 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 (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Key Players Market Share
    13.3    Company Profiles
        13.3.1    Company Overview
        13.3.2    Product Portfolio
        13.3.3    Demographic Reach and Achievements
        13.3.4    Financial Summary
        13.3.5    Certifications
14    Events and Developments


Additional Customisations Available

1.    Manufacturing Process
    1.1.    Detailed Process Flow
    1.2.    Operations Involved
    1.3.    Mass Balance
2    Project Details, Requirements and Costs Involved
    2.1    Land Requirements and Expenditures
    2.2    Construction Requirements and Expenditures
    2.3    Plant Layout
    2.4    Plant Machinery
    2.5    Machinery Pictures
    2.6    Raw Material Requirements and Expenditures
    2.7    Raw Material and Final Product Pictures
    2.8    Packaging Requirements and Expenditures
    2.9    Transportation Requirements and Expenditures
        2.10    Utility Requirements and Expenditures
        2.11    Manpower Requirements and Expenditures
        2.12    Other Capital Investments
3    Loans and Financial Assistance
    3.1    Project Economics
    3.2    Capital Cost of the Project
    3.3    Techno-Economic Parameters
    3.4    Product Pricing and Margins Across Various Levels of the Supply Chain
    3.5    Taxation and Depreciation
    3.6    Income Projections
    3.7    Expenditure Projections
    3.8    Financial Analysis
    3.9    Profit Analysis


List of Figures and Tables

1.    Global Banana Powder Market: Key Industry Highlights, 2016 and 2026
2.    Global Banana Powder Historical Market: Breakup by Source (USD Million), 2016-2020
3.    Global Banana Powder Market Forecast: Breakup by Source (USD Million), 2021-2026
4.    Global Banana Powder Historical Market: Breakup by Process Type (USD Million), 2016-2020
5.    Global Banana Powder Market Forecast: Breakup by Process Type (USD Million), 2021-2026
6.    Global Banana Powder Historical Market: Breakup by Sales Channel (USD Million), 2016-2020
7.    Global Banana Powder Market Forecast: Breakup by Sales Channel (USD Million), 2021-2026
8.    Global Banana Powder Historical Market: Breakup by Region (USD Million), 2016-2020
9.    Global Banana Powder Market Forecast: Breakup by Region (USD Million), 2021-2026
10.    North America Banana Powder Historical Market: Breakup by Country (USD Million), 2016-2020
11.    North America Banana Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
12.    Europe Banana Powder Historical Market: Breakup by Country (USD Million), 2016-2020
13.    Europe Banana Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Asia Pacific Banana Powder Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Asia Pacific Banana Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Latin America Banana Powder Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Latin America Banana Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Middle East and Africa Banana Powder Historical Market: Breakup by Country (USD Million), 2016-2020
19.    Middle East and Africa Banana Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    North America Historical Price Trends and Forecast 2016-2026
21.    Europe Historical Price Trends and Forecast 2016-2026
22.    Asia Pacific Historical Price Trends and Forecast 2016-2026
23.    Latin America Historical Price Trends and Forecast 2016-2026
24.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
25.    Global Banana Powder Market Structure

Key Questions Answered in the Report

The global banana powder market reached a value of USD 948.7 million in 2019.

The market is projected to grow at a CAGR of 6% during the forecast period of 2020-2025.

By 2025, the market is estimated to reach a value of USD 1345.7 million.

The major drivers of the industry such as rising disposable incomes, increasing population, increasing adoption of the product due to its longer shelf life and ease of use, and rising consumption of processed foods are expected to aid the market growth.

The incorporation of banana power in various cosmetics items and the growing shift towards organic products are the major trends that are expected to influence the industry growth positively.

The Asia Pacific is the leading region in the industry. North America, Latin America, the Middle East and Africa, and Europe are the other major regions in the market.

The major sources in the industry are organic and conventional sources.

The leading process types in the industry through which banana powder is produced are freeze and spray dried processes. 

Direct and indirect sales are the most significant sales channels in the industry. 

Food industry is the leading end-use segment in the industry.

Analyst Review

The global banana powder market attained a volume of 267.75 thousand tons in 2019 driven by the rising consumption of processed foods. Aided by the increasing demand for organic banana powder, the market is expected to witness a further growth in the forecast period of 2020-2025, growing at a CAGR of 5%. The industry is projected to reach 358.81 thousand tons by 2025.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of source, the market is divided into organic and inorganic. Freeze dried and spray dried are the major processes through which banana powder is produced. Based on sales channel, the industry is bifurcated into direct and indirect sales. On the basis of end-uses, the food industry accounts for the largest share in the market. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the industry.

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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