- Home
- Industries
Aerospace And Defence
Agriculture
Automotive And Transportation
Banking And Finance
Business
Chemicals And Materials
Consumer And Retail
Electronics And Semiconductors
Food And Beverages
Machinery & Equipments
Manufacturing And Construction
Medical Devices
Others
Pharmaceuticals And Healthcare
Power And Energy
Sports
Technology
- Services
- News Room
- About us
- Contact Us
-
Global Banana Industry Market Dynamics & Strategic Insights 2021-2030
Banana is an important fruit that is consumed widely throughout the world. It has a unique flavor and food value such as the high source of fiber. Also, it is an excellent source of vitamins A, B6, C, and D. Banana is the common name for herbaceous plants of the genus Musa and for the fruit that is being produced.
Global Banana Market іѕ ѕеgmеntеd on the bаѕіѕ оf Source (Organic, and Conventional) Application (Beverages, Pet Food and Feed Industry, Household, Food Industry, and Cosmetics) Distribution Channel (Online, Offline) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Banana Market wаѕ vаluеd аt UЅD 45.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 26.8 % frоm 2021 tо 2030.
The report on Global Banana Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Banana Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Banana Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Banana Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Banana Market.
Market Dynamics:
The rapidly growing global food and beverages industry, coupled with increasing awareness regarding the benefits of banana fruit are some of the major factors driving the growth of the global banana market. The growing cultivation of bananas in several developed and developing countries is a factor expected to support the revenue growth of the global market. Banana is a good source of potassium, vitamin B6, proteins, and carbohydrates, which makes it suitable for daily diet and in other applications such as cosmetics, beverages, baby food, etc. is another key factor anticipated to drive the growth of the target market growth. Moreover, increasing cultivation of organic bananas, and rising demand for organic banana is supporting market growth significantly. Furthermore, increasing population worldwide, rising disposable income level, rising living standards are factors expected to drive the growth of the target market over the forthcoming years.
However, some people may face allergic reactions due to the consumption of bananas is a factor that could hamper the global banana market growth over the 10 years.
Segmental Analysis:
Among the nature segments, the organic segment is accounted for a major revenue share in the global banana market. This is attributed to growing customer trends towards organic food and increasing per capita income level.
Among the application segments, the food industry segment is expected to hold a major revenue share, due to a large number of bananas in the food industry. The household segment is expected to register significant revenue share, due to growing awareness regarding healthy lifestyle.
Among the distribution channel segments, the online segment is expected to account for high revenue contribution in the global market during the forecast period, due to the higher penetration of smartphones and the internet.
Regional Analysis:
The Asia Pacific banana market is expected to account for the highest share in the global banana market in terms of revenue, due to increasing demand for a banana in the production of confectionery and bakery products, and the presence of prominent players operating in economies such as China and India in this region. The Europe market is expected to account for the second-highest revenue share in the global market, due to growing awareness about the consumption of organic food products in the region, followed by markets in North America. Rising merger and acquisition activities between major players operating in the region are further expected to support the growth of the Europe market. North America banana market is projected to register a significant growth rate in the global market. This is primarily to health concerns, high disposable income, and growing awareness regarding the consumption of bananas in the US and Canada. The Latin America and Middle East & Africa markets are expected to register moderate growth rate over the forecast period
Global Banana Market Segmentation:
Segmentation by Source:
• Organic
• Conventional
Segmentation by Application:
• Beverages
• Pet Food and Feed Industry
• Household
• Food Industry
• Cosmetics
Segmentation by Distribution Channel:
• Online
• Offline
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Futurcorp S.A
Z Natural Foods LLC
Futurcorp S.A.
Ingredient Inc.
Diana Group
Johns Thoms GmbH & Co. KG
Chiquita Brands International
Naturkostbar KG
Rabeler Fruchtchips GmbH
Orchard Valley Foods Limited
Global Banana Market іѕ ѕеgmеntеd on the bаѕіѕ оf Source (Organic, and Conventional) Application (Beverages, Pet Food and Feed Industry, Household, Food Industry, and Cosmetics) Distribution Channel (Online, Offline) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Banana Market wаѕ vаluеd аt UЅD 45.3 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 26.8 % frоm 2021 tо 2030.
The report on Global Banana Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Banana Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Banana Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Banana Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Banana Market.
Market Dynamics:
The rapidly growing global food and beverages industry, coupled with increasing awareness regarding the benefits of banana fruit are some of the major factors driving the growth of the global banana market. The growing cultivation of bananas in several developed and developing countries is a factor expected to support the revenue growth of the global market. Banana is a good source of potassium, vitamin B6, proteins, and carbohydrates, which makes it suitable for daily diet and in other applications such as cosmetics, beverages, baby food, etc. is another key factor anticipated to drive the growth of the target market growth. Moreover, increasing cultivation of organic bananas, and rising demand for organic banana is supporting market growth significantly. Furthermore, increasing population worldwide, rising disposable income level, rising living standards are factors expected to drive the growth of the target market over the forthcoming years.
However, some people may face allergic reactions due to the consumption of bananas is a factor that could hamper the global banana market growth over the 10 years.
Segmental Analysis:
Among the nature segments, the organic segment is accounted for a major revenue share in the global banana market. This is attributed to growing customer trends towards organic food and increasing per capita income level.
Among the application segments, the food industry segment is expected to hold a major revenue share, due to a large number of bananas in the food industry. The household segment is expected to register significant revenue share, due to growing awareness regarding healthy lifestyle.
Among the distribution channel segments, the online segment is expected to account for high revenue contribution in the global market during the forecast period, due to the higher penetration of smartphones and the internet.
Regional Analysis:
The Asia Pacific banana market is expected to account for the highest share in the global banana market in terms of revenue, due to increasing demand for a banana in the production of confectionery and bakery products, and the presence of prominent players operating in economies such as China and India in this region. The Europe market is expected to account for the second-highest revenue share in the global market, due to growing awareness about the consumption of organic food products in the region, followed by markets in North America. Rising merger and acquisition activities between major players operating in the region are further expected to support the growth of the Europe market. North America banana market is projected to register a significant growth rate in the global market. This is primarily to health concerns, high disposable income, and growing awareness regarding the consumption of bananas in the US and Canada. The Latin America and Middle East & Africa markets are expected to register moderate growth rate over the forecast period
Global Banana Market Segmentation:
Segmentation by Source:
• Organic
• Conventional
Segmentation by Application:
• Beverages
• Pet Food and Feed Industry
• Household
• Food Industry
• Cosmetics
Segmentation by Distribution Channel:
• Online
• Offline
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Futurcorp S.A
Z Natural Foods LLC
Futurcorp S.A.
Ingredient Inc.
Diana Group
Johns Thoms GmbH & Co. KG
Chiquita Brands International
Naturkostbar KG
Rabeler Fruchtchips GmbH
Orchard Valley Foods Limited
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
Select Licence Type
Connect with our sales team
Why Future Market Outlook
100%
Customer
Satisfaction
24x7+
Availability - we are always
there when you need us
200+
Fortune 50 Companies trust
Future Market Outlook
80%
of our reports are exclusive
and first in the industry
100%
more data
and analysis
1000+
reports published
till date
