The global banana flour market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. Owing to the Rising Awareness of Clean Labels and Gluten-Intolerance is a growing demand for banana flour during the forecast period. Gluten intolerance (celiac disease) is a fairly common disease. It’s characterized by adverse reactions to gluten, a protein found in wheat, barley, and rye. According to Celiac Diseases Foundation data 2020, The incidence of celiac disease among women was 17.4 per 100,000 person-years meaning that among 100,000 women followed for one year, a bit over 17 will be diagnosed with celiac disease, compared to 7.8 per 100,000 person-years among men. Celiac disease incidence among children was 21.3 per 100,000 person-years, compared to 12.9 per 100,000 person-years in adults. Banana flour is gluten-free, making it a good choice for those with gluten sensitivity or Celiac disease. It’s also high in potassium, fiber, and resistant starch and low on the glycemic index, which won’t spike blood sugar levels. Unlike other gluten-free flours such as coconut or almond flour, which are primarily made of fat, banana flour is high in starch.
Consumers are getting more selective about their foods and the ingredients in those foods. They want natural ingredients that they can find in their kitchen such as banana flour. As the connection between diet and health grows stronger, consumers also want healthier versions of familiar foods that they know without changing the taste and texture. Due to this consumers are boosting the demand for banana flour as a clean label ingredient.
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Market Coverage
- The market number available for – 2021-2029
- Base year- 2021
- Forecast period- 2023-2029
Segment Covered-
- By Nature
- By Form
- BY Processing
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Edward & Sons Trading Co., KADAC Pty Ltd., Natural Evolution (Europe) Ltd., NuNaturals, Inc., Woodland Foods and others.
Banana Flour Market Report Segment
By Nature
- Organic
- Conventional
By Form
- Ripen
- Unripen
By Processing
- Freeze Dried
- Spray/ Dum Dried
- Sun Dried
- Others
By End-User
- Food Industry
- Beverages
- Retail/Household
- Others
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Banana Flour Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- APKA Industries
- Ceres Enterprises Ltd.
- Diana Food S.A.S.
- Hearthy Foods
- International Agriculture Group.
- Kanegrade Ltd.
- Kokos Natural
- Paradise Fruits Solutions GmbH & Co. KG
- Pereg Gourmet Spices
- Seawind Foods
- Stawi Foods and Fruits Ltd.
- The Divine Foods
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