1. Home
  2. > Agriculture
  3. > Agricultural Products Market Trends
Banana Flakes Market: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

Banana Flakes Market: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)

  • February 2018
  • 221 pages
  • ID: 5392468
  • Format: PDF
  • Future Market Insight Global & Consulting Pvt Ltd

Summary

Table of Contents

The global banana flakes market is highly influenced by the growing demand for organic products from developed region as well as developing regions. With the growing health consciousness among consumers across the globe, the demand for healthier food items is gaining traction. As banana flakes form a crucial part in the production of cereals and other fruit based food products, its demand is likely soar in the coming years. The trend of consuming organic food products is gaining traction all over the globe with consumers focusing more on the organic sources of food production. This trend is expected to continue over the coming years and spread widely through developed regions. Although in terms of unit consumed, conventional remains the leading source, organic segment is likely to register a CAGR of 6.5% during the forecast period of 2017-2027 thus registering the fastest growth rate among the two in terms of value. In terms of volume also, the CAGR of organic source segment is projected to surpass the conventional source segment.

Developed Regions to be Key Consumers of Organic Banana Flakes

A fascinating trend was noted between 2014 and 2015 when the demand for banana flakes was extensively high in Russia and Poland, especially from the organic sources. In order to cater to the Herculean demand for banana flakes arising from these countries, the producers of banana flakes were compelled to use fresh bananas and thus meet the demand of the consumers. The trend of organic and herbal products has taken over the taste of consumers at present and in spite of being expensive, the demand for organic was quite high in these countries and is expected to remain the same in the years ahead. This trend can be seen proliferating in the developed regions of North America, Eastern Europe, and Western Europe. The use of banana flakes is considerably high as a raw material in the bakery industry and in other products such as yoghurt and ice cream in the dairy industry in Europe, thus pushing Europe up in the game.

In spite of organic sources witnessing the fastest growth rate both in terms of volume and value, conventional sources will retain its reigning position over the global banana flakes market over the course of the forecast period. The growing consumption of conventional source based banana flakes can be attributed to its inexpensive nature and wide availability, especially across developing regions such as the Middle East and Africa and Asia Pacific. However, in terms of value, North America is expected to catch up in the game and surpass the Middle East and Africa by the end of 2027, thus gaining the third position after Asia Pacific and Western Europe.

Demand for Healthy and Organic Infant Nutrition to Boost Market Development

The food and beverage industry is the core end user of banana flakes. In the food and beverage industry, the segments that are the leading consumers of banana flakes are bakery and confectionery and infant nutrition. Although bakery and confectionery is the leading segment, infant nutrition has caught pace with it exhibiting the second leading CAGR after dairy products. It is expected to touch a valuation of US$214.4 Mn by the end of 2027 in comparison to the valuation of US$398.3 Mn of the bakery and confectionery segment. The growth of the infant nutrition segment can be attributed to the growing focus of parents on providing their children with better quality and healthy food which are fruit based. The inclination of these parents, which can be seen as a part of the ongoing trend towards organic food products is likely to push the sales of organic infant nutrition in spite of it being expensive than the conventional ones.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Global Banana Paper Market 2023-2027

  • $ 2500
  • November 2022
  • 120 pages

Global Banana Paper Market 2023-2027 The analyst has been monitoring the banana paper market and it is poised to grow by $63.78 mn during 2023-2027, accelerating at a CAGR of 5.05% during the forecast ...

  • World
  • Middle East
  • Paper
  • Marketing Research
  • Industry analysis
  • Paper Production
  • Banana Production

ref:plp2018

Reportlinker.com © Copyright 2023. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on