Banana Puree Market Growth by Top Key Players - Döhler GmbH, Nestlé S.A., The Kraft Heinz Company, SunOpta Grains and Foods Inc., Newberry International Produce Limited, Riviana Foods Pty Ltd, Antigua Processors S.A.

Banana puree is obtained by blending banana into soft and thick pulp. The processing of the banana is done by blender, pressing banana through strainer or by potato masher. Banana puree is good source of potassium and rich in dietary fiber which helps to lower the risk of heart disease, maintain blood pressure and acidity level and to regulate water balance in body.

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Increasing demand for functional beverages and growing demand for baby nutrition food are some of the major factors burgeoning the growth of banana puree market over the forecast period. According to the Coherent Market Insights, global baby food market was valued at US$ 34.95 Billion in 2016 and is expected to reach US$ 60.04 Billion by 2025.

Market Outlook -

- Europe is projected to exhibit a significant growth in global banana market in 2017. This is attributed to increasing awareness among consumer regarding the health benefits of banana puree as it is naturally free of sodium, cholesterol and fat. Furthermore, increasing sales of instant baby food due to fast paced life of parents in Europe, results in growing tropical fruit puree consumption, is expected to fuel the market growth. According to Centers for the Promotion of Imports (CBI), Ministry of Foreign Affairs, the tropical puree consumption in Europe was USD 225 million in 2014 and reached up to US$ 283.64 million in 2016.

- Asia Pacific is expected to hold a largest market share in 2017 in global banana puree market, due to increasing banana production and its consumption. According to U.S. Food and Agriculture Organization (FAO), India is one of the biggest banana producers and produced 29 million tonnes per year on an average between 2010 and 2015 while China produced 11 million tonnes showing continuous production growth results in positive growth of the market.

Market players

Some of the leading players operating in the global banana puree market include Döhler GmbH, Nestlé S.A., The Kraft Heinz Company, SunOpta Grains and Foods Inc., Newberry International Produce Limited, Riviana Foods Pty Ltd, Antigua Processors S.A., Ariza b.v, Shimla Hills Offerings Pvt. Ltd, Hiltfields Ltd., among others.

Banana Puree Market Taxonomy

On the basis of source, the banana puree market is segmented into:

Conventional
Organic

On the basis of application, the banana puree market is segmented into:

Bakery & Snacks
Dressings & Sauce
Ice Cream & Yoghurt
Infant Food
Others

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This release was published on openPR.