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The global organic banana market is estimated to grow at a CAGR of more than 10.5% in the forecast period of 2024-2032. The organic banana market is primarily being driven by the increasing awareness about health and food safety among consumers. North America is the largest organic banana market.
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Farmers use natural fertilisers like manure and seaweed, insect predators and barriers in the production of organic bananas to prevent the use of plagues, and they generally weed by hand and sometimes mulch to avoid weeds. Organic bananas are different from the regular ones as the former are naturally grown without using pesticides and insecticides etc. Organic bananas are comparatively easier to crush, and they ripen as soon as they are cut as opposed to supermarket bananas.
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The organic banana market can be broadly categorised based on its distribution channels into:
The EMR report looks into the regional organic banana markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The increasing health and food safety concerns related to animal food products has resulted in an increased demand for plant-based food products. The demand for plant-based food items among health-conscious consumers is particularly high since foodstuffs and ingredients do not contribute to health issues. A diet based on plants is rich in nutrients, including folate, potassium, vitamin A, vitamin C, and vitamin E that reduce the risk of cardiovascular and some other metabolic disorders. Vegetarian and vegan diets are becoming increasingly attractive to people in regions like the United States and the United Kingdoms. Different government bodies are now actively promoting plant-based diets. Both factors will improve plant food intake, like organic bananas. The growing popularity of plant food products has therefore, been described as one of the key trends of the organic banana market. This trend will have a significant impact on the organic banana market growth.
Nevertheless, the effect of natural disasters on the production of organic bananas, distribution problems, and compliance with strict regulations could hamper the organic banana market growth over the forecast period.
The report presents a detailed analysis of the following key players in the global organic banana market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the organic banana market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
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:
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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. |
*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.*
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The global organic banana market is projected to grow at a CAGR of 10.5% between 2024 and 2032.
The major drivers of the industry, such as the increasing awareness about health and food safety among consumers, rising demand for plant-based food items, and the growing attraction of vegan diets in developed regions, are expected to aid the market growth.
The key market trend guiding the growth of the industry includes the rising promotion of the product by different government bodies.
The major regions in the industry are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The leading distribution channels of organic banana are supermarkets and hypermarkets, convenience stores, speciality store, and online, among others.
The major players in the industry are Chiquita Brands International Sàrl, Coliman Grupo SA de CV, Del Monte Fresh Produce Company, Dole Food Company, Inc., Fyffes Limited, Agroamerica Fruit Company, Arco International Co., Ltd., Agro Fair Benelux B.V, Grupo Iren, and The African Food Company, Lda, among others.
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