Frequently Asked Questions
The global green banana flour market was valued at USD 0.55 Billion in 2022.
The Green banana flour market is expected to grow at a CAGR of 5.20% between 2023 and 2030, reaching USD 0.78 Billion in 2030.
Conventional is the leading segment by product type, holding over 43% share in terms of value in 2022.
The spray-dried segment governs the demand for green banana flours in the world, holding a massive share of over 80% in 2022.
The online retailers’ segment is expected to post the highest CAGR during the forecast period.
Asia Pacific is fueling the growth of the green banana flour industry, with an over one-third share in 2022.
The top players include International Agriculture Group, Stawi Foods and Fruits Limited, Natural Evolution Limited, Made’s Green Banana Flour Co., Pereg Gourmet Natural Foods, Kanegrade Ltd, Banatone Food Industries, Slingan Pty Ltd., Absolute Organic, Now Health Group, Inc.
The rise in health-conscious consumers and their choice of clean-label items in their daily diet are the major market drivers.
The consumption of banana flour may have a variety of drawbacks despite its many benefits. Green bananas contain both toxins and carbohydrates. Since some of these carbs act like fiber, they can aid in regulating the digestive system. The major market restraints are the chemicals that might reduce edoema and serve as antioxidants.
Bread offers a fantastic opportunity to use banana flour to strengthen bread and increase its nutritional value because it is the most popular worldwide bakery product. To experience the nutritional advantages of banana flour, adding it to smoothies, yogurt, or other products as a daily supplement is a major opportunity in the green banana flour industry.