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Banana Flour Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Banana Flour Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024


Sarasota, FL -- (SBWIRE) -- 05/17/2018 -- Global Banana Flour Market: Overview

Banana is one of the most consumed fruit in tropical and sub-tropical region.Banana peel and unripe banana are rich in dietary fibre and indigestible carbohydrates, proteins, essential amino acids, cellulose, hemicelluloses, lignin, starch, resistant starch, polyunsaturated fatty acids and potassium. Banana flour is a powder made of green bananas and historically it has been used in Africa and Jamaica as an alternative to wheat flour. A green banana when cooked has a very mild banana flavor and has a texture reminiscent of lighter wheat flours. It is used as gluten free ingredient and added in various baked foods. Moreover, it is a rich source of resistant starch and has low calories than most other flour.

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Global Banana Flour Market: Growth Factor

The demand for banana flour from food industry is high; it is expected to reach the larger market value in the near future. The most important factor which drives the banana flour market is increase in the production of the green banana. Moreover, due to increase in awareness about the banana flour being gluten free product, the demand for gluten free product has raised the banana flour market.

However, there are many factors which restraint the growth of the market which includes, unstable economic growth due to lower commodity prices and lesser developments. Though, overall growth of the market is expected at a slower pace.

The betterment in the market scenario with increasing adoption of banana flour in bakery and other end uses will encourage the manufacturers and key businesses to be more innovative.

Global Banana Flour Market: Segmentation

The banana flour market is segmented on the basis of distribution channel, process type, application and the source. The distribution channel is categorized into direct channel and indirect channel. Indirect channel can be further sub segmented into modern trade, convenience store, E-retailers and others. On the basis of the process type, the banana flour market is classified into freeze dried, spray dried and others. Moreover, the application segment holds household, food industry, beverages, pet food and feed industry. In terms of source, the banana flour market is divided into organic and conventional.

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Global Banana Flour Market: Regional Analysis

Banana flour is largely consumed in the major regions of Asian countries like India and Australia. India is at top position in cultivation of the banana among the other countries. North America has been using banana flour as the main ingredient in the production of the infant's food product. Latin American countries has anticipated higher rate of banana production and its different processed forms like banana powder, banana puree in large scale. Therefore, North America and Latin America is expected to witness a significant growth in the forecast period.

Global Banana Flour Market: Competitive Player

Some of the key players in the banana flour market are ZUvii, NuNAtural Inc., Diana Foods, Paradisefrucht GmbH, Now Health Group Inc., Kanegade Ltd, ADM Wild Europe Gmbh& Co. KG, Stawi Foods, Fruits Limited and International Agriculture Group, among others

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Global Banana Flour Market: Regional Segment Analysis

North America
The U.S.
The UK
The Asia Pacific
Latin America
The Middle East and Africa

What Reports Provides

Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.

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