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 Report Overview

Banana Powder Market size in 2019 is estimated to be $ 934.1 million, growing at a CAGR of 5.7% 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 a paste. Sodium metabisulfite is then used to brighten the yellow colour of the paste. Rising demand of banana powder in cosmetic industry and growing health consciousness among consumers are the major factors driving the growth of the market. Moreover, rising disposable income and advancement of R&D activities further enhance the overall market demand for banana powder during the forecast period 2020-2025.

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 Source: Organic, Conventional
By Drying Process: Freeze Dried, Spray Dried, Sun-Dried, Drum Dried
By Application: Food Industry, Pharmaceutical Industry, Cosmetic Industry, Animal Feed Industry
By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Departmental Stores, Online Sales Channel, Others
By Geography: North America, Europe, Asia-Pacific, and Rest of the World

Key Takeaways

  • In 2019, Asia Pacific dominates the Banana Powder Market owing to increasing health benefits among consumers and high production and consumption of banana.
  • Rising demand of banana powder in cosmetic industry and growing health consciousness among consumers is driving the market growth of banana powder.
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Banana Powder Market report.
  • High maintenance requirement for storage are challenging the growth of the market. 

Banana Powder Market Segment Analysis - By Application

Based on the Application, Banana Powder Market is segmented into Food Industry, Pharmaceutical Industry, Cosmetic Industry, Animal Feed Industry. The Food Industry segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 5% during the forecast period 2020-2025. This is mainly owing to 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 power-packaged with potassium and other vital nutrients are contributing to the growth of this segment.

Banana Powder Market Segment Analysis - By Distribution Channel

Based on the Distribution Channel, Banana Powder Market is segmented into Hypermarkets/Supermarkets, Convenience Stores, Departmental Stores, Online Sales Channel, Others. In 2019, convenience stores held the largest share in the Banana Powder Market. This is mainly owing to the availability of beverages, milkshakes, protein supplements and babies’ products at convenience stores are contributing to the growth of this segment.

Banana Powder Market Segment Analysis - By Geography

North America dominated the Market share accounting for 40% of the market in 2019. This is mainly owing to increasing demand as awareness in its health benefits among consumers has increased. Moreover, the production and consumption of banana powder-based products have increased.
However, the Asia Pacific region is projected to be the fastest-growing during the forecast period 2020-2025. This is owing to rising awareness regarding health benefits of banana fruit and increasing demand for banana powder from cosmetics and personal care products industries.

Banana Powder Market Drivers

Rising Demand of Banana Powder in Cosmetic Industry

Rising Demand of Banana Powder in Cosmetic Industry is a significant factor driving the market growth of this segment.  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 banana powder in the future which are increasing the market growth of banana powder.

Growing Health Consciousness Among Consumers

Increasing health consciousness among consumers and rising demand for the gluten-free product owing to health awareness are some factor driving the growth of the market. Moreover, increasing consumers spending on all-natural and organic products and high demand for banana flavour from food industry are contributing to the growth of Banana Powder Market.

Banana Powder Market Challenges

High maintenance requirement for storage are challenging the growth of the market. Moreover, continuously fluctuation in raw material costs and extra calories of banana powder that lead to unwanted weight are further restraining its market growth during the forecast period 2020-2025.

Banana Powder Industry Outlook

Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Banana Powder Market. Banana Powder top 10 companies 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.

Acquisitions/Product Launches:

  • On 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.
  • On February 2018, Del Monte Fresh acquires Mann Packing Co., Inc. that helps to bring grower, processor and supplier together with the Fresh Del Monte team. This helps company in providing high-quality products that are nutritious and delicious for the customers.

For more Food and Beverages Market reports, Please click here
1. Banana Powder Market Overview
    1.1 Definitions and Scope
2. Banana Powder Market Executive Summary
    2.1 Market Size and Key Trends 
    2.2 Key trends by Source
    2.3 Key trends by Drying Process
    2.4 Key trends by Application
    2.5 Key trends by Distribution Channel
    2.6 Key trends by Geography
3. Banana Powder Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial 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/Challenges  
    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 Source (Market Size -$Million/$Billion)
    8.1 Organic
    8.2 Conventional
9. Banana Powder Market – By Drying Process (Market Size -$Million/$Billion)
    9.1 Freeze Dried
    9.2 Spray Dried
    9.3 Sun Dried
    9.4 Drum Dried
10. Banana Powder Market – By Application (Market Size -$Million/$Billion)
    10.1 Food Industry
    10.2 Pharmaceutical Industry
    10.3 Cosmetic Industry
    10.4 Animal Feed Industry
11. Banana Powder Market – By Distribution Channel (Market Size -$Million/$Billion)
    11.1 Hypermarkets/Supermarkets
    11.2 Convenience Stores
    11.3 Departmental Stores
    11.4 Online Sales Channel
    11.5 Others
12. Banana Powder Market - By Geography (Market Size -$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 U.K.
        12.2.2 Germany
        12.2.3 France
        12.2.4 Italy
        12.2.5 Spain
        12.2.6 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 Japan
        12.3.3 South Korea
        12.3.4 India
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Banana Powder Market Entropy
14. Banana Powder Market- Industry / Segment Competition landscape Premium Premium
    14.1Market Share Analysis
        14.1.1 Market Share by Country- Key companies
        14.1.2 Market Share by Region- Key companies
        14.1.3 Market Share at Global Level- Key companies
        14.1.4 Best Practices for Companies
15. Banana Powder Market - Key Company List by Country Premium Premium
16. Banana Powder Market Company Analysis
    16.1 Company Revenue, Products, M&A, Developments
    16.2 Company 1
    16.3 Company 2
    16.4 Company 3
    16.5 Company 4
    16.6 Company 5
    16.7 Company 6
    16.8 Company 7
    16.9 Company 8
    16.10 Company 9
    16.11 Company 10

"*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)