Banana Flour Market Analysis

Banana Flour Market Analysis

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The cavendish banana flour market dominated around USD 246.1 million revenue in 2022. The Cavendish banana variety is widely recognized for its sweet and familiar banana flavor. Cavendish banana flour can retain this flavor, making it appealing for consumers who seek the taste of traditional bananas in their recipes.
 

The Traditional Sun-Drying Process segment accounted for 42% of the banana flour market share in 2022. Conventional drying methods can be cost-effective compared to more specialized processes, appealing to manufacturers seeking economical options.
 

The banana flour market from food & beverages segment is anticipated to grow at 5.9% CAGR through 2032. Banana flour's gluten-free and allergen-free attributes cater to the food industry's demand for creating products suitable for consumers with dietary restrictions.

Based on end-use, the supermarkets and hypermarkets will gain remarkable momentum during the forecast timeline. Supermarkets and Hypermarkets provide easy access for consumers to purchase banana flour along with their regular grocery shopping.
 

U.S. banana flour market size held over USD 173.2 million in 2022. The prevalence of gluten-free and grain-free diets among North American consumers has led to increased demand for alternative flours like banana flour.