Reports

Plantain Flour Market

Global Plantain Flour Market: By Source: Organic, Conventional; By Process: Sun Dried, Oven Dried, Others; By Application: Food and Beverage, Feed, Others; By Distribution Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: Swot Analysis; Competitive Landscape; Industry Events and Developments

Global Plantain Flour Market Outlook

The global plantain flour market is expected to grow in the forecast period of 2023-2028 at a CAGR of 4.6%.

 

Global Plantain Flour Market

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Food and Beverage Applications to Account for a Significant Share of the Plantain Flour Industry

Based on application, the food and beverage segment is expected to occupy a significant market share in the forecast period as plantain flour is widely used in the food and beverage industry. It provides similar results as wheat flour or even better results. Flour made from wheat contains gluten and cannot be used alone, as it needs to be mixed with other grain-based flour. However, plantain flour can be used directly. Moreover, plantain flour also helps improve heart health, reduce cholesterol, and enhance nerve and muscle activities. All these factors are expected to  significantly contribute to the demand for plantain flour in the food and beverage industry.

 

The Asia Pacific to Aid the Plantain Flour Industry Growth

Region-wise, the Asia Pacific is expected to provide enhanced growth opportunities for the market expansion during the forecast period. Plantain flour is used to prepare baked goods, pastries, waffles, pancakes, breads, soups, and more. The thriving food and beverages industry in the region, supported by the increasing population and the rising consumer disposable incomes, is driving the industry growth. Meanwhile, the increasing health awareness in developed regions like Europe is expected to significantly contribute to the market growth in the coming years.

 

Plantain Flour: Market Segmentation

In the tropical areas of the world, plantains, a member of the banana family, are considered a staple food. Plantain flour is produced from dry pulverised plantain slices. Plantains are naturally dried with a small amount of flour added to them to avoid stickiness.  Prepared from green bananas, plantain flour is lower in calories compared to the regular all-purpose flour, high in resistant starch, and is a rich source of dietary fibre, iron, carotene, and ascorbic acid (vitamin C), among other vitamins.

 

Global Plantain Flour Market by Segment

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By source, the industry can be segmented into:

  • Organic
  • Conventional

Based on process, the industry can be divided into:

  • Sun Dried 
  • Oven Dried 
  • Others

On the basis of application, the industry can be segmented into:

  • Food and Beverage 
  • Feed 
  • Others

The food and beverage segment is further categorised based on type into infant food, confectionery, and bakery and snacks, among others. 

Based on distribution channel, the industry can be divided into:

  • Supermarkets and Hypermarkets  
  • Convenience Stores 
  • Online
  • Others

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

 

Global Plantain Flour Market by Region

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Rising Health Consciousness to Bolster the Growth of the Global Plantain Flour Industry

The plantain flour industry has been growing considerably since the past few years owing to the increased awareness of the health benefits of plantain flour. Allergen-free, plant-based flour is great for healthy diets or those suffering from health issues like food allergies and sensitivities. Unlike wheat flour, plantain flour does not contain gluten. Gluten is a protein present in wheat and barley, and many people cannot digest it properly. Plantain flour, apart from being easily digestible, is a delicious flour for balanced eating. It helps improve heart health, reduce cholesterol, and enhance nerve and muscle activities, making it suitable for people with diabetes and other diseases like obesity, gallstone, coronary heart, and colon cancer. Because of these factors, consumers are increasingly preferring plantain flour. In addition, the increasing focus of the leading food manufacturer to improve their product portfolio by including non-GMO and Kosher certified range of plantain flour with no additives is expected to further aid the market growth in the forecast period.

 

Key Industry Players in the Global Plantain Flour Market

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

  • Natural Evolution
  • Terova Inc. (NuBana)
  • Ceres Enterprises Ltd.
  • KADAC Pty Ltd.
  • Woodland Foods
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the 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- Source, Process, Application, Distribution Channel, Region
Breakup by Source Organic, Conventional
Breakup by Process Sun Dried, Oven Dried, Others
Breakup by Application Food and Beverage, Feed, Others
Breakup by Distribution Channel Supermarkets and Hypermarkets, Convenience Store, Online, 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 Natural Evolution, Terova Inc. (NuBana), Ceres Enterprises Ltd., KADAC Pty Ltd., Woodland Foods, 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    Industry Opportunities and Challenges
8    Global Plantain Flour Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Plantain Flour Historical Market (2018-2022) 
    8.3    Global Plantain Flour Market Forecast (2023-2028)
    8.4    Global Plantain Flour Market by Source
        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 Plantain Flour Market by Process
        8.5.1    Sun Dried
            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    Oven Dried
            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    Others
    8.6    Global Plantain Flour Market by Application
        8.6.1    Food and Beverage
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
            8.6.1.4    By Type
                8.6.1.4.1    Infant Food
                    8.6.1.4.1.1    Market Share
                    8.6.1.4.1.2    Historical Trend (2018-2022)
                    8.6.1.4.1.3    Forecast Trend (2023-2028)
                8.6.1.4.2    Confectionery
                    8.6.1.4.2.1    Market Share
                    8.6.1.4.2.2    Historical Trend (2018-2022)
                    8.6.1.4.2.3    Forecast Trend (2023-2028)
                8.6.1.4.3    Bakery and Snacks
                    8.6.1.4.3.1    Market Share
                    8.6.1.4.3.2    Historical Trend (2018-2022)
                    8.6.1.4.3.3    Forecast Trend (2023-2028)
                8.6.1.4.4    Others
        8.6.2    Feed
            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    Others
    8.7    Global Plantain Flour Market by Distribution Channel
        8.7.1    Supermarkets and Hypermarkets
            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    Convenience Store
            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    Online
            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    Others
    8.8    Global Plantain Flour 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 (2018-2022)
        9.1.2    Forecast Trend (2023-2028)
        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 (2018-2022)
        9.2.2    Forecast Trend (2023-2028)
        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 (2018-2022)
        9.3.2    Forecast Trend (2023-2028)
        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 (2018-2022)
        9.4.2    Forecast Trend (2023-2028)
        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 (2018-2022)
        9.5.2    Forecast Trend (2023-2028)
        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    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis
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    Natural Evolution
            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    Terova Inc. (NuBana)
            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    Ceres Enterprises 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    KADAC Pty Ltd.
            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    Woodland Foods
            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 Key Figures and Tables

1.    Global Plantain Flour Market: Key Industry Highlights, 2018 and 2028
2.    Global Plantain Flour Historical Market: Breakup by Source (USD Million), 2018-2022
3.    Global Plantain Flour Market Forecast: Breakup by Source (USD Million), 2023-2028
4.    Global Plantain Flour Historical Market: Breakup by Process (USD Million), 2018-2022
5.    Global Plantain Flour Market Forecast: Breakup by Process (USD Million), 2023-2028
6.    Global Plantain Flour Historical Market: Breakup by Application (USD Million), 2018-2022
7.    Global Plantain Flour Market Forecast: Breakup by Application (USD Million), 2023-2028
8.    Global Plantain Flour Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
9.    Global Plantain Flour Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
10.    Global Plantain Flour Historical Market: Breakup by Region (USD Million), 2018-2022
11.    Global Plantain Flour Market Forecast: Breakup by Region (USD Million), 2023-2028
12.    North America Plantain Flour Historical Market: Breakup by Country (USD Million), 2018-2022
13.    North America Plantain Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Europe Plantain Flour Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Europe Plantain Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Asia Pacific Plantain Flour Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Asia Pacific Plantain Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Latin America Plantain Flour Historical Market: Breakup by Country (USD Million), 2018-2022
19.    Latin America Plantain Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
20.    Middle East and Africa Plantain Flour Historical Market: Breakup by Country (USD Million), 2018-2022
21.    Middle East and Africa Plantain Flour Market Forecast: Breakup by Country (USD Million), 2023-2028
22.    Global Plantain Flour Market Structure

Key Questions Answered in the Report

What is the growth rate of the market?

The market is projected to grow at a CAGR of 4.6% between 2023 and 2028.

What are the major industry drivers?

The rising health consciousness, increasing utilisation in bakery products, and growing production of plantain are the major growth drivers of the market.

What are the key industry trends of the global plantain flour market?

The key market trends guiding the growth of the industry include the increasing demand for gluten free alternatives to wheat flour.

What are the major regional markets of plantain flour, according to the EMR report?

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

What are the significant sources of the product in the industry?

Organic and conventional are the significant sources of the product in the industry.

What are the different processes utilised in the industry?

Sun  dried, oven dried, and others are the different processes utilised in the industry.

What are the significant applications of the product in the market?

Food and beverage, feed, and others are the significant applications of the product in the market.

What are the various distribution channels of the product?

Supermarkets and hypermarkets, convenience stores, and online, among others are the various distribution channels of the product.

Who are the key industry players, according to the report?

The major players in the industry are Natural Evolution, Terova Inc. (NuBana), Ceres Enterprises Ltd., KADAC Pty Ltd., and  Woodland Foods, among others.

Analyst Review

The global plantain flour market is being driven by the increasing health consciousness and the growing product demand in the food and beverage industry. Aided by the growing demand for gluten free alternatives to wheat flour, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4.6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By source, the market can be bifurcated into organic and conventional. The market is divided based on process into sun dried, oven dried, and others . On the basis of application, the industry is categorised into food and beverage, feed industry, and others. By distribution channel, the market can be segmented into supermarkets and hypermarkets, convenience stores, and  online, among others. The major regional markets for plantain flour industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Natural Evolution, Terova Inc. (NuBana), Ceres Enterprises Ltd., KADAC Pty Ltd., and  Woodland Foods, 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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