Bananas represent one of the world’s most important fresh fruit commodity, at least when measured by volume and trade. They are currently produced across the world in around 150 countries with India, China, Philippines, Brazil, Ecuador and Indonesia together accounting for more than 62% of the total global production. By and large, bananas are consumed directly with a very small proportion of it being processed. Processing of banana into banana powder provides several advantages as it increases their shelf and decreases the problems associated with the storage and transportation. Although the global banana powder market is only a fraction of the global banana market, its demand is currently showing strong growth and has wide applications in the food, feed, pharmaceutical and the cosmetics industries.
The food Industry currently represents the biggest consumer of banana powder where it is widely used in infant food, puffed food, seasonings, solid beverages, cakes, cold food, instant food, etc. The food industry is followed by the feed industry where its consumption is growing in cattle feed and pet foods. In the pharmaceutical industry, banana powder has been found to be effective in the treatment of colon diseases, sprue and other forms of carbohydrate intolerance in children. It is also effective in treating various intestinal disorders in adults. The popularity of banana powder in the cosmetics industry is also increasing worldwide.
This report provides a deep insight into the global banana powder covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. The report also provides a comprehensive analysis for setting up a banana powder manufacturing plant. The study analyses the processing and processing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the banana powder industry in any manner.
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