The global Banana
Flour market is set to witness growth at a CAGR of 3.8% and
top a valuation of USD 735.6 Mn by 2032.
The growing awareness of the health advantages of Conventional
Banana Flour is propelling the worldwide Conventional Banana Flour business
forward as it is high in fiber, gluten-free, minerals, and vitamins like
vitamin E, zinc, manganese, magnesium, and potassium.
It helps to regulate blood sugar levels and also aids in the
reduction of cholesterol, the improvement of heart health, and the stimulation
of neuron and muscle activity.
Banana, being a climacteric fruit stores the majority of its
carbs as starch. It is unique among fruits in that the majority of its starch
is resistant. Resistant starch is prebiotic that boosts the number of good
bacteria in the human intestines.
The human gut contains billions of germs from 300 to 500
different bacterial types. The majority of the gut flora is beneficial. These
beneficial bacteria feed on the undigested fibers and starch that reach the
gut.
As a result, the resistant starch ferments, creating optimal
circumstances for a wide range of beneficial bacteria and increasing the
bacterial populations. It also suppresses pathogenic bacteria 5 (infect the
host human with infectious diseases) at the same time, acting as a boon for
human health.
These features are attracting a growing number of
health-conscious customers, therefore, shooting up the growth of the Conventional
Banana Flour market across the globe.
Key Takeaways from Market Study
- The Conventional
Banana Flour market is expected to expand at CAGRs of 1% and 2.8% in
Latin America and the Middle East & Africa, respectively, through
2032.
- Market
share of Asia Pacific is 2% in 2022. Every year, a
considerable amount of bananas are produced in the Asia Pacific region,
particularly in India, resulting in the expansion of the Conventional
Banana Flour business in the region.
- The
North American Conventional Banana Flour market is currently pegged
at 50,883 Metric tons. Conventional Banana Flour has seen a
boom in demand in the region, as the product is widely utilized in the
manufacture of infant food.
- In
Africa, Conventional Banana Flour is also seen as a less expensive
alternative to wheat flour. It is a healthy alternative to ordinary flour
since it promotes the growth of beneficial bacteria in the gut and
considerably aids in weight loss, therefore, MEA stands at a market value
of USD 275.4 Mn in 2022.
“Manufacturers of Conventional Banana Flours can step
into product expansion in the dietary fibers market which is growing at a high
rate due to rising health consciousness as the FDA recently classified
resistant starch (RS) derived from Conventional Banana Flour as a dietary
fiber.”, says a Future Market Insights analyst.
Competitive Landscape
Key manufacturers of Conventional Banana Flours are not only
expanding their gluten-free offerings portfolio but, the majority of them
concentrate on successful marketing and promotional techniques. Furthermore,
for a number of organizations in the Conventional Banana Flour industry,
mergers, and acquisitions aimed at global expansion will remain a major
strategy.
Explore More Valuable Insights
Future Market Insights, in its new report, offers an
impartial analysis of the global Conventional Banana Flours market, presenting
historical data (2017-2021) and estimation statistics for the forecast period
of 2022-2032.
Detailed Market Segmentation Of Conventional Banana Flour
Market
Process:
- Sun-dried
- Freeze-dried
- Spray-dried
- Others
Region:
- North
America
- Latin
America
- Western
Europe
- Eastern
Europe
- Asia
Pacific
- The
Middle East and Africa
Application:
- Beverages
- Pet
Food and Feed Industry
- Household
- Food
Industry
- Bakery
& Snacks
- Infant
Foods
- Filling
and Dressings
- Soups
and Sauces
- Others
Source:
- Organic
- Conventional
Sales Channel:
- Direct
Sales
- Indirect
Sales
- Modern
Trade
- Convenience
Store
- Specialty
Store
- E-Retailers
- Other
retail formats
Thanks for reading this article; you can also get
individual chapter wise section or region wise report version like North
America, Europe or Asia.
Read More: https://www.futuremarketinsights.com/reports/banana-flour-market