Banana Powder Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020 - 2025

Report Code: FBR 62512 Report Format: PDF + Excel (Delivery in 48 Hrs)

Banana Powder Market Overview

Banana Powder Market size is estimated to be 934.1m in 2019, growing at a CAGR of 5.76% during the forecast period 2020-2025. Banana powder is formed by using banana pulp, which is mechanically chopped and then processed with hydraulic shear using a colloid mill, turning it into paste. Sodium metabisulfite is then used to brighten the yellow color of the paste.  Moreover, they are used as a flavoring agent in various beverage and food industry. Growing population along with the rising demand of banana powder in food and beverage industry owing the preparation of various beverages such as smoothies and milkshakes is triggering its market growth. Apart, from this the use of banana powder in cosmetic industry is also fueling its market growth as it is used to color correct and give the skin a warm highlight, reduce shine, absorb excess oil, set makeup for longer wear and reduce the appearance of fine lines. Therefore, these are the key benefits driving the banana powder market in the upcoming years. Furthermore, banana powder provides several health benefits such as balancing blood sugar levels and a good source of important nutrients such as calcium, iron, B vitamin as well as protein and fibre. 

Report Coverage

The report: “Banana Powder Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Banana Powder Market.
By Application- Food Industry, Pharmaceutical Industry, Cosmetic Industry and Animal Feed Industry.
By Distribution Channel-Hypermarket & Supermarket, Convenience Stores, Departmental Stores, Online Sales Channel and Others.
By Geography-North America, Europe, Asia Pacific and Rest of the World.

Key Takeaways

  • Food Industry segment held the largest market share in the year 2019 owing to the wide usage of banana powder in beverages as well as in babies food products.
  • The convenience stores held the largest share offering large number of products to its customers in one place.
  • APAC contributed to the largest market share of 37.1% owing to the presence of large dominant players in the region including Aarkay Food Products Limited, Babyvita India Food Products.
  • Rising Demand of Banana Powder in Cosmetic Industry is a significant factor driving the Banana Powder market during the forecast period 2020-2025.

By Application- Segment Analysis 

By Application the Banana Powder is segmented into Food Industry, Pharmaceutical Industry, Cosmetic Industry and Animal Feed Industry. Food Industry segment held the largest market share in the year 2019. This is owing to the wide usage of banana powder in beverages as well as in babies food products. Moreover, the banana powder helps in building immunity in babies as it is a power-packaged with potassium and other vital nutrients. In addition, it is easy to digest and helps in the development of the healthy brain in babies. Also, animal feed industry is projected to witness growth at fastest CAGR of 6.23% in forecast period 2020-2025. Dehydrated, green, milled banana have been successfully used as a source of starch in the preparation of calf feeds and especially in the manufacture of milk replacers. Moreover, a study was conducted in India to investigate the nutritive value of banana stalks for sheep. In this study, dried banana stalk replaced 0, 20, 40 and 50% para grass hay. The feeding trial lasted for 60 days and showed no detrimental effects on feed intake or the health of the animals in all the treatments. The weight gain increased up to 40% level of inclusion after which it started to decline. 

By Distribution Channel- Segment Analysis

Based on Distribution Channel the Banana Powder market is segmented into Supermarket, Hypermarket, Convenience stores, Online Retail, and others. Among these the convenience stores held the largest share offering large number of products to its customers in one place. Furthermore, the availability of beverages, milkshakes, protein supplements and babies’ products at convenience stores, hypermarket is further contributing to its market growth. 

Geography- Segment Analysis

APAC contributed to the largest market share of 37.1% owing to the presence of large dominant players in the region including Aarkay Food Products Limited, Babyvita India Food Products. Increasing demand of banana powder among consumers owing to its health benefits have highly supported its regional demand. North America banana powder market is another dominant market owing to the presence of Manna Foods. Moreover, Koyah offers organic banana powder containing just one ingredient- organic freeze-dried banana powder which cost $24.99.

Drivers – Banana Powder Market 

  • Rising Demand of Banana Powder in Cosmetic Industry

Rising Demand of Banana Powder in Cosmetic Industry is a significant factor driving the Banana Powder market during the forecast period 2020-2025. Moreover, banana can be used for all skin types. Containing anti-ageing and antioxidant properties, a face mask would gently nourish, cleanse, exfoliate and moisturize ageing, acne-ageing prone, dry, and normal and combination skin. Bananas also known as nature botox, contains super-wrinkle fighting nutrients that help fade age spots and prevent fine lines and wrinkles from forming. Therefore, these are the key benefits propelling the demand of the banana powder in the future.

  • Increasing Use of Banana Powder In Beverage Industry

Increasing use of banana powder in beverage industry is a major driving the Banana Powder Market during the forecast period 2020-2025. Moreover, Nubana RS65 is a standalone superfruit powder that consumers add to their food and beverages, smoothies and milkshakes and powdered supplements offering several health benefits such as digestion, Satiety & fat burning, low glycemic response, support healthy insulin sensivity and support healthy blood sugar levels. Therefore, increasing health benefits offered by banana powder coupled the rising of banana powder in beverage industry is driving its market growth in the upcoming years.

Challenges – Banana Powder Market

  • High Cost of Banana Powder 

High Cost of Banana Powder serves as a major setback for the growth of the Banana Powder Market during the forecast period 2020-2025.Owing to its high cost the lower and middle people are unable to purchase it which in turn is restraining its market during the forecast period 2020-2025.

Banana Powder Market Industry Outlook 

Product Launches, Merger & Acquistion, joint ventures and R&D activities are key strategies adopted by the players in Banana Powder Market. Banana Powder Market top 10 are Banatone Industries, Mevive International, Santosh Food Products, Naturalin Bio-Resources Co. Ltd, Aarkay Food Products Ltd, Babyvita India Food Products, NuNaturals Inc., Royal Nut Company and Urban Platter.

Developments:

  • September 2017: International Agriculture Group launched Green Banana Flour containing 65% resistant starch, which has been shown to provide a broad range of health benefits dependent upon the amount consumed daily.
1. Banana Powder Market - Overview
        1.1 Definitions and Scope
2. Banana Powder Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Banana Powder Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Banana Powder Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Banana Powder Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Banana Powder Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Banana Powder Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Banana Powder Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Banana Powder Market - By Type(Market Size -$Million / $Billion)
        9.1 BANANA POWDER MARKET BY DISTRIBUTION CHANNEL
            9.1.1 ONLINE RETAIL
            9.1.2 DEPARTMENTAL STORES
            9.1.3 SUPERMARKETS/HYPERMARKETS
            9.1.4 CONVENIENCE STORES
10. Banana Powder - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 FOOD INDUSTRY
            10.3.2 PHARMACEUTICAL INDUSTRY,
            10.3.3 COSMETIC INDUSTRY
            10.3.4 ANIMAL FEED INDUSTRY
11. Banana Powder- By Geography (Market Size -$Million / $Billion)
        11.1 Banana Powder Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Banana Powder- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Banana Powder- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Banana Powder - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Banana Powder - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Banana Powder Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Banana Powder Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Banana Powder Market - Key Company List by Country Premium
15. Banana Powder Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 AARKAY FOOD PRODUCTS LIMITED
        15.3 BABYVITA INDIA FOOD PRODUCTS
        15.4 BANATONE FOOD INDUSTRIES KOCHUVELI
        15.5 MANNA FOODS
        15.6 NATURAL EVOLUTION LTD
        15.7 NUNATURALS INC
        15.8 NUTRYTTIVA
        15.9 ROYAL NUT COMPANY
        15.10 SAIPRO BIOTECH PRIVATE LIMITED
        15.11 URBAN PLATTER
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Banana Powder Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Banana Powder Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global BANANA POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
1.1 ONLINE RETAIL Market 2019-2024 ($M) - Global Industry Research
1.2 DEPARTMENTAL STORES Market 2019-2024 ($M) - Global Industry Research
1.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Global Industry Research
1.4 CONVENIENCE STORES Market 2019-2024 ($M) - Global Industry Research
2.Global BANANA POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 (Volume/Units)
2.1 ONLINE RETAIL Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 DEPARTMENTAL STORES Market 2019-2024 (Volume/Units) - Global Industry Research
2.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 (Volume/Units) - Global Industry Research
2.4 CONVENIENCE STORES Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America BANANA POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
3.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
3.2 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research
3.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
3.4 CONVENIENCE STORES Market 2019-2024 ($M) - Regional Industry Research
4.South America BANANA POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
4.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
4.2 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research
4.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
4.4 CONVENIENCE STORES Market 2019-2024 ($M) - Regional Industry Research
5.Europe BANANA POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
5.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
5.2 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research
5.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
5.4 CONVENIENCE STORES Market 2019-2024 ($M) - Regional Industry Research
6.APAC BANANA POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
6.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
6.2 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research
6.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
6.4 CONVENIENCE STORES Market 2019-2024 ($M) - Regional Industry Research
7.MENA BANANA POWDER MARKET BY DISTRIBUTION CHANNEL Market 2019-2024 ($M)
7.1 ONLINE RETAIL Market 2019-2024 ($M) - Regional Industry Research
7.2 DEPARTMENTAL STORES Market 2019-2024 ($M) - Regional Industry Research
7.3 SUPERMARKETS/HYPERMARKETS Market 2019-2024 ($M) - Regional Industry Research
7.4 CONVENIENCE STORES Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Banana Powder Market Revenue, 2019-2024 ($M)
2.Canada Banana Powder Market Revenue, 2019-2024 ($M)
3.Mexico Banana Powder Market Revenue, 2019-2024 ($M)
4.Brazil Banana Powder Market Revenue, 2019-2024 ($M)
5.Argentina Banana Powder Market Revenue, 2019-2024 ($M)
6.Peru Banana Powder Market Revenue, 2019-2024 ($M)
7.Colombia Banana Powder Market Revenue, 2019-2024 ($M)
8.Chile Banana Powder Market Revenue, 2019-2024 ($M)
9.Rest of South America Banana Powder Market Revenue, 2019-2024 ($M)
10.UK Banana Powder Market Revenue, 2019-2024 ($M)
11.Germany Banana Powder Market Revenue, 2019-2024 ($M)
12.France Banana Powder Market Revenue, 2019-2024 ($M)
13.Italy Banana Powder Market Revenue, 2019-2024 ($M)
14.Spain Banana Powder Market Revenue, 2019-2024 ($M)
15.Rest of Europe Banana Powder Market Revenue, 2019-2024 ($M)
16.China Banana Powder Market Revenue, 2019-2024 ($M)
17.India Banana Powder Market Revenue, 2019-2024 ($M)
18.Japan Banana Powder Market Revenue, 2019-2024 ($M)
19.South Korea Banana Powder Market Revenue, 2019-2024 ($M)
20.South Africa Banana Powder Market Revenue, 2019-2024 ($M)
21.North America Banana Powder By Application
22.South America Banana Powder By Application
23.Europe Banana Powder By Application
24.APAC Banana Powder By Application
25.MENA Banana Powder By Application
26.AARKAY FOOD PRODUCTS LIMITED, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.NUTRYTTIVA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.SAIPRO BIOTECH PRIVATE LIMITED, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.URBAN PLATTER, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.BANATONE FOOD INDUSTRIES KOCHUVELI, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.BABYVITA INDIA FOOD PRODUCTS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.NATURAL EVOLUTION LTD, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.NUNATURALS INC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.ROYAL NUT COMPANY, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.MANNA FOODS, Sales /Revenue, 2015-2018 ($Mn/$Bn)