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Banana Flour Market Share

Report ID: GMI6502
Published Date: Aug 2023
Report Format: PDF

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Banana Flour Market Share

Some of the major companies operating in the banana flour market are

International Agriculture Group (AGRICO)
Pereg Natural Foods
Diana Foods
Natural Evolution Foods
Zuvii
Stawi Foods and Fruits Limited
Paradisefruit Co., Ltd.
Nutry Nuts
NutraEZ
ADM (Archer Daniels Midland Company)
Royal Nut Company
EPHRAIM GLOBAL
Sensient Colors LLC
Futoska Organic Food
Fleurieu Ingredients

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of banana flour recorded USD 820.6 million in 2022 and is set to reach USD 1531.7 million by 2032.

Traditional sun-drying process segment share was around 42% in 2022, as the method is cost-effective compared to more specialized processes, appealing to manufacturers seeking economical options.

U.S. market size was over USD 173 million in 2022, owing to the preference for gluten-free and grain-free diets among consumers that has led to increased demand for alternative flours like banana flour.

International Agriculture Group (AGRICO), Pereg Natural Foods, Diana Foods, Natural Evolution Foods, Zuvii, Stawi Foods and Fruits Limited, Paradisefruit Co., Ltd., Nutry Nuts, NutraEZ, ADM (Archer Daniels Midland Company), Royal Nut Company, EPHRAIM GLOBAL, Sensient Colors LLC, Futoska Organic Food, Fleurieu Ingredients.