Global Banana Powder Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Distribution Channel;

Online retail, Departmental stores, Supermarkets/Hypermarkets, and Convenience stores

By Application;

Food Industry, Pharmaceutical Industry, Cosmetic Industry, and Animal Feed Industry.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn191902483 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Banana Powder Market (USD Million), 2021 - 2031

In the year 2024, the Global Banana Powder Market was valued at USD 1,080.28 million. The size of this market is expected to increase to USD 1,613.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.

The global banana powder market has witnessed substantial growth driven by increasing consumer preference for natural and organic food products. Banana powder, derived from processing ripe bananas, finds extensive application in food and beverage industries for its nutritional value and versatility. It serves as a convenient alternative to fresh bananas, offering longer shelf life and ease of transportation. This market is characterized by a rising trend of incorporating banana powder into various products like baby foods, bakery products, and dietary supplements.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Distribution Channel
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Banana Powder Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Nutritional benefits
        2. Increasing health consciousness
        3. Versatility in applications
        4. Growing demand for natural ingredients
      2. Restraints
        1. Seasonal fluctuations in banana production
        2. Price volatility of raw materials
        3. Regulatory challenges in different regions
        4. Competition from fresh bananas
      3. Opportunities
        1. Expanding applications in cosmetics and pharmaceuticals
        2. Emerging markets in Asia-Pacific
        3. Development of organic and non-GMO variants
        4. Innovative product formulations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Banana Powder Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Online retail
      2. Departmental stores
      3. Supermarkets/Hypermarkets
      4. Convenience stores
    2. Global Banana Powder Market, By Application, 2021 - 2031 (USD Million)
      1. Food Industry
      2. Pharmaceutical Industry
      3. Cosmetic Industry
      4. Animal Feed Industry
    3. Global Banana Powder Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AARKAY FOOD PRODUCTS LIMITED
      2. NUTRYTTIVA
      3. SAIPRO BIOTECH PRIVATE LIMITED
      4. URBAN PLATTER
  7. Analyst Views
  8. Future Outlook of the Market