Press release
Global Banana Powder Market: Growth, Share, Trends Report and Forecast 2018 to 2023
The global banana powder market has witnessed a moderate growth over the past few years. This can be attributed to the diverse applications of banana powder in the food, healthcare, animal feed and cosmetic industries.Banana is one of the most widely consumed fruits and is grown across various countries. The majority of the bananas produced worldwide are consumed directly, while a small part is processed into banana powder, which helps in expanding its shelf-life. Banana powder is mainly used for producing milkshakes, protein powder, baby food, etc. Further, it finds applications in various food products such as cakes, instant foods, beverages, seasonings, etc. A new research report by IMARC Group, titled “Banana Powder Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the market reached a volume of around 234,000 Tons in 2017. The report further anticipates the market to reach a volume of 310,000 Tons by 2023, at a projected CAGR of nearly 5% over the forecast period.
Request a free report sample: https://www.imarcgroup.com/request?type=report&id=542&flag=B
Market Drivers/Constraints:
The several health benefits associated with banana powder stimulate its demand across the globe. Banana powder strengthens bones, enables quicker digestion and nutrition absorption, improves vision, prevents dehydration, regulates blood pressure, treats depression and relaxes muscles.
Banana powder finds numerous applications in the food as well as non-food industries. Moreover, it is employed in the skincare and cosmetic sector, owing to its several skin benefits; and in the feed industry, for feeding animals such as pig, fish, shrimp, etc.
Some of the other factors that proliferate the demand for banana powder include its longer shelf-life, convenience and portability. Moreover, increasing global population and inflating income levels are proactive in maintaining the growth of the market.
However, there are several factors that hamper the market growth. Bananas are endowed with extra calories that may gradually lead to unwanted weight gain. Apart from this, fluctuations in the prices of the raw material acts as another major deterrent.
Read full report with TOC: https://www.imarcgroup.com/banana-powder-manufacturing-plant
End-Use Insights:
Based on end-use, the food industry currently represents the largest end-use segment of banana powder. It is majorly used in the production of cakes, instant food products, solid beverages, etc. Food industry is followed by feed industry, wherein it is used in pet food and cattle feed.
Regional Insights:
On a geographical front, North America enjoys a leading position in the global banana powder market. The flourishing food and beverage industry has stimulated the demand for banana powder in the region. North America is followed by Asia Pacific, Europe, South America, and Middle East and Africa.
Competitive Landscape:
The market is fragmented with the presence of numerous small manufacturers who compete in terms of quality and prices. There is a strong competition in the market which makes it difficult for small players to survive. Some of the leading players operating in the market are:
Chiquita
Del Mote
Dole
Fyffes
Noboa
Browse related reports:
Lactose Powder Market Research Report: https://www.imarcgroup.com/lactose-powder-market
Whole Milk Powder Market Research Report: https://www.imarcgroup.com/whole-milk-powder-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Banana Powder Market: Growth, Share, Trends Report and Forecast 2018 to 2023 here
News-ID: 1063825 • Views: …
More Releases from IMARC Group

India Seafood Market Outlook 2025-2033: Key Trends, Size, Share and Growth Insig …
As indicated in the latest market research report published by IMARC Group, titled "India Seafood Market Report by Type (Fish, Shrimps, Others), Form (Fresh/Chilled, Frozen/Canned, Processed), Distribution Channel (Off Trade, On Trade), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.
Market Size & Future Growth Potential:
The India seafood…

India Mutual Funds Market: Size, Share, Trends, Growth and Industry Outlook 2025 …
Mutual Funds Market in India 2025:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 2.50 Billion
Market Size in 2033: USD 5.90 Billion
Market Growth Rate (CAGR) 2025-2033: 10.03%
How Big is the India Mutual Funds Industry?
The India mutual funds market size reached USD 2.50 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.90 Billion by 2033, exhibiting a growth rate (CAGR) of 10.03% during 2025-2033.
Request…

Dimethyl Ether Market Valuation to Reach USD 15.73 Billion by 2033 - Industry Ex …
Market Overview:
The dimethyl ether market is experiencing significant growth momentum, driven by increasing demand for cleaner fuel alternatives, expanding applications in various industries, and supportive government policies promoting sustainable energy solutions. According to IMARC Group's latest research publication, "Dimethyl Ether Market Size, Share, Trends and Forecast by Raw Material, Application, End-Use Industry, and Region, 2025-2033", the global dimethyl ether market size reached USD 7.22 Billion in 2024. Looking forward, IMARC…

Glucometer Manufacturing Plant Report 2025: Unit Setup, Cost and Requirements, P …
Setting up a glucometer manufacturing plant requires thorough market research alongside a minute understanding of numerous operating factors such as unit processes, purchasing of raw materials, utility supply, infrastructure creation, equipment and technology specifications, human resource planning, logistics, and cash outlay.
IMARC Group's report titled "Glucometer Manufacturing Plant Cost Analysis Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a…
More Releases for Banana
How To Setup a Banana Processing Plant
Setting up a banana processing facility necessitates a detailed market analysis alongside granular insights into various operational aspects, including unit processes, raw material procurement, utility provisions, infrastructure setup, machinery and technology specifications, workforce planning, logistics, and financial considerations.
IMARC Group's report titled "Banana Processing Plant Project Report 2025: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" offers a comprehensive guide for establishing a banana processing plant,…
Banana Bread Market Future Opportunities and Trends to 2031 Papa Joe's Bakehouse …
[New York, December 2024] Banana bread, a beloved baked good made from ripe bananas, flour, sugar, and various other ingredients, occupies a significant place in the global bakery industry. Its rich flavor, appealing texture, and versatility make it an ideal option for breakfast, snacks, or desserts. Banana bread has not only become a staple in households but also an enticing offering in bakeries and cafés worldwide. This connection between comfort…
Banana Powder Market Shares And Growth Opportunities 2024-2033 Dole Food Company …
Leading market research firm Infinitive Data Expert recently released a study titled 'Banana Powder Market Global Size, Share, Growth, Industry Trends, Opportunity and Forecast 2024-2033,' This study Banana Powder report offers a thorough analysis of the market, as well as competitor and geographical analysis and a focus on the most recent technological developments. The research study on the Banana Powder market extensively demonstrates existing and upcoming opportunities, profitability, revenue growth…
Banana Bread Market to Expand Significantly by 2024| Banana Bread Co, Barnes Nat …
The "Banana Bread Market" intelligence report, just published by USD Analytics, covers insurers' micro-level study of important market niches, product offers, and sales channels. In order to determine market size, potential, growth trends, and competitive environment, the Banana Bread Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study…
Banana Bread Market Is Booming Worldwide | Banana Bread Co, Mama Ka'z, Papa Joe' …
Banana Bread Market: The extensive research on Banana Bread Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Banana Bread Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the market, such as market rate, estimated…
Banana Essence Market Share Analysis, & Forecast 2029.
Banana Essence Market- Industry Trends and forecast period of 2021 to 2028.
• Banana essence market will reach at an estimated value of USD 1.40 billion by 2028 and grow at a rate of 6.6% in the forecast period 2021 to 2028. Rise in the present global trends in wellness and health acts as the vital factor escalating the demand for banana essence market in the forecast period of 2021- 2028.
• An…