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 and Key Trends by Company
    2.2 Key trends by Application
    2.3 Key trends by Distribution Channel
    2.4 Key trends by Geography
3. Banana Powder Market –Comparative Analysis
    3.1 Product Benchmarking - Key companies
    3.2 Financials Analysis - Key Companies
    3.3 Market Share Analysis- Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Banana Powder Market- Startup companies Scenario Premium Premium  
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Banana Powder Market – Industry Market Entry Scenario Premium Premium  
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Banana Powder Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Banana Powder Market -Strategic analysis
    7.1 Value chain analysis 
    7.2 Opportunities analysis
    7.3 Market life cycle
8. Banana Powder Market – By Application(Market Size –$Million/$Billion)
    8.1 Food Industry
    8.2 Pharmaceutical Industry
    8.3 Cosmetic Industry
    8.4 Animal Feed Industry
    8.5 Others
9. Banana Powder Market – By Distribution Channel(Market Size –$Million/$Billion)
    9.1 Hypermarket & Supermarket
    9.2 Convenience Stores
    9.3 Online Retail
    9.4 Departmental  Stores
    9.5 Others
10. Banana Powder Market -  By Geography (Market Size -$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Rest of Europe
    10.3 Asia-Pacific
            10.3.1.1 China
            10.3.1.2 Japan
            10.3.1.3 South Korea
            10.3.1.4 India
            10.3.1.5 Australia & New Zealand
            10.3.1.6 Rest of APAC
    10.4 Rest of the World
        10.4.1 Middle East
        10.4.2 Africa
        10.4.3 South America
11. Banana Powder Market - Entropy
12. Banana Powder Market  – Industry/Segment Competition Landscape      Premium  
    12.1 Market Share Analysis
        12.1.1 Global Market Share – Key Companies
        12.1.2 Market Share by Region – Key companies
        12.1.3 Market Share by Country- Key companies
        12.1.4 Best Practices for Companies
13. Banana Powder Market – Key Company List by Country Premium  Premium
14. Banana Powder Market Company Analysis
    14.1 Company Revenue, Products, M&A, Developments
    14.2 Banatone Industries
    14.3 Mevive International
    14.4 Santosh Food Products
    14.5 Naturalin Bio-Resources Co. Ltd
    14.6 Aarkay Food Products Ltd
    14.7 Babyvita India Food Products
    14.8 NuNaturals Inc.,
    14.9 Royal Nut Company
    14.10 Urban Platter
*Financials for private companies would be provided on a best efforts basis”.

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)