According to a report published by Future Market Insights titled “Banana Flakes Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”, the demand for banana flakes is likely to intensify over the coming years owing to the rising demand from new food outlets in developing regions as the expenditure power of consumers in those regions rise exponentially with every passing year. The global banana flakes market is projected to exhibit a CAGR of 4.5% between 2017 and 2027. In 2016, the market was approximately worth US$ 600 Mn and is expected to rise to a valuation of around US$1 Bn by the end of 2027.

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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.

Banana Flakes Market: Segmental Overview

Some of the key market players are Bardakci Group, Diana Foods, Ingredient Inc., Van Drunen Farms, Orchard Valley Foods Limited, Z Natural LLC, Rabeler Fruchtchips GmbH, Johs.Thoms GmbH & Co. KG, P&G Food Industries, and Top Line Foods.

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Region

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific
• Middle East and Africa

Application

• Household
• Food & Beverage Industry
• Others

Source

• Organic
• Conventional

Sales Channel

• Direct Sales
• Indirect Sales

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.

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Table Of Content:

1. Executive Summary
2. Market Introduction
3. Market View Point
4. Global Historical Market Analysis 2012–2016 and Forecast 2017–2027
5. Global Banana Flakes Market Historical Analysis 2012–2016 and Forecast, By Regions 2017–2027
6. Global Banana Flakes Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Source
7. Global Banana Flakes Market Historical Analysis 2012–2016 and Forecast 2017–2027, By Application
8. Global Banana Flakes Market Historical Analysis 2012–2016 and Forecast, By Distribution Channel 2017–2027
9. North America Banana Flakes Market Analysis 2012–2016 and Forecast 2017–2027
10. Latin America Banana Flakes Market Analysis 2012–2016 and Forecast 2017–2027
11. Western Europe Banana Flakes Market Analysis 2012–2016 and Forecast 2017–2027
12. Eastern Europe Banana Flakes Market Analysis 2012–2016 and Forecast 2017–2027
13. Asia Pacific And China (APAC) Banana Flakes Market Analysis 2012–2016 and Forecast 2017–2027
14. Middle East and Africa Banana Flakes Market Analysis 2012–2016 and Forecast 2017–2027
15. Forecast Factors: Relevance and Impact
16. Forecast Assumptions
17. Competition Landscape