Press release
Banana Powder Market to Reach USD 2.24 Billion by 2030 with 7.5% CAGR
Banana Powder Market is witnessing significant growth, driven by rising demand from the food and beverage, cosmetics, and pharmaceutical industries. Valued at USD 1.35 Billion in 2023, the market is projected to grow at a CAGR of 7.5% from 2024 to 2030, reaching approximately USD 2.24 Billion by 2030.๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/31597/
๐๐๐ง๐๐ง๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's banana powder market is expanding due to increasing exports of tropical fruits and their derivatives. Local manufacturers are forming partnerships with global companies like ๐๐ฒ๐ฆ๐ซ๐ข๐ฌ๐ to boost production capabilities. The government's initiatives supporting agricultural processing industries further enhance market growth.
๐๐๐ง๐๐ง๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand, a leading exporter of bananas, is capitalizing on its strong agricultural sector to expand its banana powder market. Companies like ๐๐ก๐๐ข ๐๐๐ก ๐๐ฎ๐๐ฅ๐ข๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ are investing in processing facilities to cater to the rising global demand. The government's focus on value-added agricultural exports offers significant opportunities for local producers.
๐๐๐ง๐๐ง๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan's market for banana powder is growing due to its application in health supplements and cosmetics. Companies like ๐๐๐ข๐ฃ๐ข ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ and ๐๐ข๐ค๐ค๐จ๐ฆ๐๐ง ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ข๐จ๐ง are collaborating with suppliers in Southeast Asia to ensure a steady supply of high-quality raw materials. Strategic acquisitions in the functional food segment underline Japan's focus on innovation.
๐๐๐ง๐๐ง๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐
China's banana powder market is booming due to rising demand in the baby food and beverage industries. Companies like ๐๐๐ ๐๐ and ๐๐ซ๐ข๐ ๐ก๐ญ ๐๐๐ข๐ซ๐ฒ & ๐ ๐จ๐จ๐ ๐๐จ. are investing in advanced processing technologies to enhance product quality. The government's support for food security and agricultural innovation is accelerating market growth.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ญ๐ ๐๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ฒ ๐ฏ๐ข๐๐ฐ๐ข๐ง๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ @https://www.maximizemarketresearch.com/request-sample/31597/
๐๐๐ง๐๐ง๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's market is witnessing increasing adoption of banana powder in skincare and cosmetic products. Companies like ๐๐ฆ๐จ๐ซ๐๐ฉ๐๐๐ข๐๐ข๐ and ๐๐ ๐๐จ๐ฎ๐ฌ๐๐ก๐จ๐ฅ๐ & ๐๐๐๐ฅ๐ญ๐ก ๐๐๐ซ๐ are exploring partnerships with agricultural cooperatives to source organic banana powder. The trend toward clean-label products is driving innovation in this sector.
๐๐๐ง๐๐ง๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's advanced food processing industry and its emphasis on sustainability make it a key market for banana powder. Companies like ๐๐ฅ๐๐ฆ ๐๐ง๐ญ๐๐ซ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ and ๐๐๐ are collaborating with local research institutions to develop innovative formulations. The government's support for food innovation hubs further strengthens market prospects.
๐๐๐ง๐๐ง๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ
The United States remains a dominant market for banana powder due to its application in smoothies, baby food, and nutritional supplements. Key players such as ๐๐๐ง๐๐ซ๐๐ฅ ๐๐ข๐ฅ๐ฅ๐ฌ, ๐๐๐ฌ๐ญ๐ฅรฉ, and ๐๐จ๐ฅ๐ ๐ ๐จ๐จ๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ are expanding their product lines to cater to health-conscious consumers. Increasing demand for organic and non-GMO products drives market growth.
๐๐๐ง๐๐ง๐ ๐๐จ๐ฐ๐๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's banana powder market benefits from strong demand in the functional food and beverage sectors. Companies like ๐๐๐ง๐จ๐ง๐, ๐๐๐ฌ๐ญ๐ฅรฉ, and ๐๐ฒ๐ฆ๐ซ๐ข๐ฌ๐ are expanding their footprints through acquisitions and partnerships with local suppliers. EU regulations promoting clean-label and organic products further enhance market dynamics.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐ฒ๐ฆ๐ซ๐ข๐ฌ๐ partnered with Southeast Asian suppliers to expand its banana powder production capabilities.
๐๐๐ง๐๐ซ๐๐ฅ ๐๐ข๐ฅ๐ฅ๐ฌ launched a new range of organic baby food products containing banana powder in the US.
๐๐ก๐๐ข ๐๐๐ก ๐๐ฎ๐๐ฅ๐ข๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ announced investments in modern processing facilities to meet the growing demand for banana derivatives.
๐๐๐ข๐ฃ๐ข ๐๐จ๐ฅ๐๐ข๐ง๐ ๐ฌ introduced a functional beverage line incorporating banana powder for health-conscious consumers in Japan.
๐๐๐ญ ๐ ๐๐ฅ๐จ๐ฌ๐๐ซ ๐ฅ๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐ ๐๐ฆ๐-๐๐ก๐๐ง๐ ๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐ฎ๐๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ฌ๐ฎ๐๐๐๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/31597/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐จ๐ฎ๐ซ๐๐
Organic
Conventional
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Food & Beverage Industry
Cosmetics
Pharmaceuticals
Animal Feed
Banana powder's natural attractiveness and advantageous qualities are driving its use in the flavoring cosmetics industry. Banana powder, which has anti-aging and moisturizing properties, is being used more and more in skincare and haircare products. Banana powder's market presence is growing as eco-conscious businesses choose it as a component in response to customer demands for more natural and chemical-free cosmetics.
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Online
Offline
๐๐๐ญ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-banana-powder-market/31597/
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Natural Evolution Limited
2. International Agriculture Group
3. Zuvii
4. ADM Wild Europe Gmbh& Co
5. KG
6. Nutryttiva
7. NuNaturals, Inc.
8. Stawi Foods and Fruits Limited
9. Slingan Pty Ltd
10. Royal Nut Company
11. NOW Health Group, Inc.
12. Mevive International
13. Safety Foods Pvt Ltd
14. Taj Agro International
15. Vinayak Ingredients
16. Shree Biotech
17. Santosh Food Products
18. Guangxi ENDU High-Tech
19. Qingdao Xinmeixiang Foods
20. Yunnan LincangKaixiong Banana Co., Ltd.
21. Shaanxi Jintai Biological Engineering
22. Shine-Ball
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐๐ญ๐ฌ :
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