United States Banana Flour Market to hit US$ 1.70 billion by 2032 | Top Companies are Phalada Pure & Sure, Sattvic Foods, Nutrica Agro & Food Processors Pvt Ltd, Jayashree Foods

Banana Flour Market Size reached US$ 1.01 billion in 2024 and is expected to reach US$ 1.70 billion by 2032, growing with a CAGR of 6.73% during the forecast period 2025-2032.

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United States: Recent Industry Developments

✅ December 2025: Ingredion launched a gluten-free banana flour product line targeting health-conscious consumers and bakery applications.

✅ November 2025: Research on banana flour's prebiotic benefits gained traction in nutraceutical and functional food sectors.

✅ October 2025: Local food startups introduced banana flour-based snacks promoting sustainable and zero-waste ingredients.

Japan: Recent Industry Developments

✅ December 2025: Japanese food manufacturers incorporated banana flour into traditional confectionery and rice cake products for enhanced nutrition.

✅ November 2025: Collaborations between banana flour suppliers and organic food retailers increased product availability across Japan.

✅ October 2025: Innovation in banana flour processing techniques improved texture and flavor for use in health-focused food products.

List of Top Key Player:

Banamin Healthcare, Medikonda Nutrients, Dole Packaged Foods, LLC, Position Foods Of The Caribbean Tropic, Seawind Foods, Phalada Pure & Sure, Sattvic Foods, Nutrica Agro & Food Processors Pvt Ltd, Jayashree Foods and Anvi'S Food Products.

Industry Developments:

Jan 2026

• Launch of new organic banana flour products emphasizing gluten-free and ketto-friendly benefits.

• Expansion of online retail channels boosting accessibility and consumer reach.

• Growing partnerships between banana flour producers and snack manufacturers for innovative product lines.

Dec 2025

• Increased investments in sustainable banana farming practices to ensure supply chain transparency.

• Rising adoption of banana flour in pet food formulations for natural dietary fiber enhancement.

• Entry of major food distributors into banana flour supply, increasing market penetration globally.

Nov 2025

• Surge in research on banana flour's functional properties, highlighting its prebiotic potential.

• Emergence of specialty stores as key distribution channels for premium banana flour brands.

• Strategic collaborations to promote banana flour as an alternative to traditional wheat flour in baking.

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Forecast Projection:

The Global Banana Flour Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.

Market Key Segmentations:

• By Processing
Freeze Dried leads due to superior nutrient retention; Spray/Drum Dried and Sun Dried also capture significant shares for cost efficiency and natural drying preferences.

• By Nature
Organic banana flour gains rapid traction fueled by increasing health-conscious consumers; Conventional remains dominant due to broader availability.

• By Distribution Channel
Hypermarkets/Supermarkets hold the largest market share with extensive reach; Online Retail is fastest growing, driven by e-commerce expansion and convenience.

• By Application
Food application dominates, driven by bakery and snack products; Beverages and Pet Food segments are emerging as high-potential niches.

Regional Growth Analysis:

⇥ North America - 43.7%
Dominates due to rising demand for gluten-free and health-conscious food products.

⇥ Europe - 25.3%
Strong growth driven by increasing consumer awareness of natural and sustainable food ingredients.

⇥ Asia-Pacific - 18.5%
Growing market supported by expanding food processing industry and rising health trends.

⇥ Middle East & Africa - 7.5%
Increasing adoption fueled by niche health food markets and rising bakery product demand.

South America - 5.0%
Moderate growth owing to local production and rising export opportunities.

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Related Deals

✦ Flowers Foods acquired Simple Mills in February 2025, gaining baking mixes and alternative flours including green banana variants for gluten-free expansion.​

✦ Dole partnered with Givaudan (February 2025) to distribute green banana powder globally, leveraging recycled fruit waste without ownership change

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