Banana Flakes Market Report- Industry Size and Forecast 2027
[Research Report] The banana flakes market was valued at US$ 941.74 million in 2019 and is projected to reach US$ 1,323.37 million by 2027; it is expected to grow at a CAGR of 4.5% from 2020 to 2027.
The demand for banana flakes in the food and beverage industry is drastically increasing owing to its application in ice creams, juices, desserts, breakfast cereals, salads, yogurt, and many others. The consumers demand banana flakes in the aforementioned food products owing to their health benefits. For the last few years, there has been a significant demand for banana flakes from bakery sector in developed and emerging countries. The sweet and snacks industry is also exploiting banana flakes for the production of healthy bars and sweets.
In 2019, Asia Pacific dominated the market in terms of revenue and is also expected to be the fastest-growing region over the forecast period. The largest market share of the country is primarily attributable to the rapid rise in population demanding more of healthy products. Further, increase in the disposable income coupled with shift in focus towards consumption of health promoting food is also driving the growth of the banana flakes in global market. Moreover, the growing demand of banana flakes among the food and beverage industry provides a lucrative opportunity for the banana flakes market players operating in the market. The growth of food and beverage, dairy and other end use industries is also expected to stimulate the demand of banana flakes in the country. The on-going shift towards organic farm products is expected to have a positive impact on the banana flakes market. The Asia Pacific market is characterized by the strong presence of players such as A Natural Farm, J and C Tropicals, Miami Fruit and Moonland Produce among others.
The COVID-19 pandemic originated in Wuhan (China) in December 2019, and since then, it has spread across the globeat a fast pace. The US, Brazil,India, Russia, Italy, China, Spain, France, and Germany are among the worst-affected countries in terms of confirmed cases and reported deaths as of June 2020. The pandemic has affectedeconomies and industries due to enforced lockdowns, travel bans, and business shutdowns. Food &Beverage is one of the world’s major industries facing serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak.The global economic break down due to COVID-19 is also affecting the growth of the banana flakes market due to shutting down of factories and obstacles in supply chain.
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Banana Flakes Market: Strategic Insights
Market Size Value in US$ 941.74 Million in 2019 Market Size Value by US$ 1,323.37 Million by 2027 Growth rate CAGR of 4.5% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Banana Flakes Market: Strategic Insights
| Market Size Value in | US$ 941.74 Million in 2019 |
| Market Size Value by | US$ 1,323.37 Million by 2027 |
| Growth rate | CAGR of 4.5% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Market Insights
Rising usage of banana flakes by food and beverage sector
The demand for banana flakes in the food and beverage industry is drastically increasing owing to its application in ice creams, juices, desserts, breakfast cereals, salads, yogurt, and many others. The consumers demand banana flakes in the aforementioned food products owing to their health benefits. For the last few years, there has been a significant demand for banana flakes from bakery sector in developed and emerging countries. The sweet and snacks industry is also exploiting banana flakes for the production of healthy bars and sweets. For instance, in 2018, Diana Foods, a subsidiary of Symrise Group headquartered in Germany, introduced a raw bar made with banana flakes in the ProSweets Cologne trade fair. Companies are also combining banana flakes with other fruits, such as dates to create outstanding flavors. The high nutritional value and unique texture of these fruits attract consumer attention. Moreover, banana flakes are used in the production of nutritional bars. Nowadays, consumers are replacing meals with nutritional bars owing to obesity, coupled with changing food habits. This is also anticipated to create opportunities for the growth of the banana flakes market. Furthermore, increasing usage of banana flakes by infant nutrition sector is also projected to offer ample opportunities for the market in the coming years.
Nature-Based Insights
Based on nature, the banana flakes market is segmented into organic and conventional. In 2019, the conventional segment dominated the banana flakes market; however, the organic segment is expected to grow at a higher CAGR during the forecast period. Organic banana flakes refer to flakes that are derived from organically grown bananas without the application of nitrogen-based fertilizers, fungicides, or pesticides. They are mainly derived from red bananas that are allowed to wine ripen under completely organic conditions. Later they are handpicked and air-dried. The organic banana flakes have the same flavor characteristics of freshly peeled bananas. They are very suitable for fruit preparations, powdered drinks, and cake mixes. The organic banana flakes are grown without the use of GMOs or additives. They are gluten-free and are derived from 100% naturally ripened dried bananas. They are rich in vitamin C & B6, dietary fibers, and other minerals such as manganese & potassium. They can easily be stored in a cool, dark place in an airtight container. They are used in the preparation of smoothies, elixirs, baby food, ice cream, and yogurt. Sometimes, the organic banana flakes also act as a rejuvenating face mask. The organic banana flakes prove beneficial on consumption as it is free from the harmful chemicals that are used in pesticides and fungicides. They support the production of hemoglobin, healthy blood pressure levels owing to high potassium content, and low salt levels. The consumption of organic banana flakes also helps in healthy bowels because of the high amounts of fiber content. They also soothe heartburn and helps to avoid morning sickness. The organic banana flakes are 100% natural & minimally processed. The taste, smell & texture may vary from batch to batch. For instance, companies such as Z Natural Foods, LLC offers organic sweet banana flakes which finds application in prepration of smoothies, desserts and other food items.
Application-BasedInsights
Based on application, the banana flakes market is segmented into household, food & beverages industry, and others.In 2019, Food and beverages segment held the largest share of the global banana flakesmarket; whereas, the household segment is expected to register the fastest CAGR during the forecast period. Owing to the increasing awareness about the low fat & gluten content along with health benefits offered by banana flakes, it is used in almost every household today. Banana flakes are mixed with cereals and consumed as breakfast in many households. They are also taken to be a healthy evening snack and are eaten regularly due to its low fat content. Homemade face masks are prepared using banana flakes to control acne problems. It also helps in strengthening the hair and reduce hair fall owing to the high potassium content. Banana flakes are also used in as sprinkler to enhance the taste of foods such as homemade custards, ice creams and cakes. Banana flakes in powdered form gets mixed with cereals, smoothies & yogurt and helps in adding flavors to dessert toppings, cakes, icing, purees and sauces made at home. It is applied as flavored dessert toppings along with cornflakes & oats for pie and puddings. Besides this, banana flakes are capable of thickening beverages and hot cereals. It act as a helpful ingredient in baking at home. Use of banana flakes in household cooking relives pain and burning symptoms of occasional heartburn. It also helps in stimulating appetite.
Distribution Channel-Based Insights
Based on distribution channel, the banana flakes market is segmented into supermarket/hypermarket, specialty stores, online, and others. In 2019, supermarket/hypermarket segment accounted for a major share of the global banana flakes market; whereas, the others segment is expected to register the fastest CAGR during the forecast period. Other distribution channels include small grocery stores, convenience stores, direct sales, and retailers. A small grocery store primarily stocks up and sells food products, including both fresh as well as packaged ones. It is a wholesaler or bulk seller of food. Several vendors choose to sell their products through retail stores, as the physical presence of the store strengthens the confidence of its customers and also helps in brand visibility. These stores serve the purpose of facilitating the customers with a feel of the real product and also provide them with enhanced services, such as tasting or trying before buying. Vendors select their distribution networks based on the factors that will affect the purchasing choice of customers. For instance, they consider the need of customers, characteristics of products, and trade practices in the local region.
Several strategies are commonly adopted by the companies to expand their footprint worldwide. Diana Group, JOHS. THOMS GmbH & Co. KG, Ingredient Inc., and Naturkostbar KG are among the key players in the global banana flakes market implementing these strategies including geographical expansion, product launches and others to enlarge the customer base and gain significant share, which in turn allows themto maintain their brand nameglobally.
Banana Flakes Market Report Scope
Report Spotlights
- Progressive industry trends in the banana flakesmarket help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the banana flakesmarket from 2017 to 2027
- Estimation of banana flakesdemand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and banana flakesdemand
- Market trends and outlook coupled with factors driving and restraining the growth of the banana flakesmarket
- Understanding of strategies that underpin commercial interest with regard to the banana flakesmarket growth, which facilitates decision-making process for stakeholders
- Banana flakesmarket size at various nodes of market
- Detailed overview and segmentation of the banana flakesmarket, as well as its dynamics in the industry
GlobalBanana Flakes Market – by Nature
- Organic
- Conventional
Global Banana Flakes Market – by Application
- Food and Beverages Industry
- Household
- Others
Global Banana Flakes Market – by Distribution Channel
- Supermarkets/Hypermarkets
- Specialty Stores
- Online
- Others
Company Profiles
- Bata Food B.V.
- Diana Group
- Futurcorp S.A.
- Ingredient Inc.
- Naturkostbar KG
- JOHS. THOMS GmbH & Co. KG
- P&G Food Industries
- RabelerFruchtchipsGmbh
- Van Drunen Farms
- Z Natural Foods
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Nature , Application , Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Banana Flakes Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Banana Flakes Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Health benefits associated with the consumption of banana flakes
5.1.2 The substantial farming of bananas across several regions
5.2 Market Restraints
5.2.1 Unsuitable for low carb diets and diabetic patients
5.3 Market Opportunities
5.3.1 Rising usage of banana flakes by food and beverage sector
5.4 Future Trends
5.4.1 Organic banana flakes gaining traction among consumers
5.5 Impact Analysis Of Drivers And Restraints
6. Banana Flakes– Global Market Analysis
6.1 Banana Flakes Market Overview
6.2 Banana Flakes Market –Revenue and Forecast to 2027 (US$ Mn)
6.3 Competitive Positioning – Key Market Players
7. Banana Flakes Market Analysis – By Nature
7.1 Overview
7.2 Banana Flakes Market, By Nature (2019 and 2027)
7.3 Organic
7.3.1 Overview
7.3.1.1 Organic: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
7.4 Conventional
7.4.1 Overview
7.4.1.1 Conventional : Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
8. Banana Flakes Market Analysis – By Application
8.1 Overview
8.2 Banana Flakes Market, By Application (2019 and 2027)
8.3 Household
8.3.1 Overview
8.3.2 Household: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 Food and Beverages Industry
8.4.1 Overview
8.4.2 Food and Beverages Industry: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
8.5 Others
8.5.1 Overview
8.5.2 Others: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
9. Global Banana Flakes Market Analysis – By Distribution Channel
9.1 Overview
9.2 Banana Flakes Market Breakdown, By Distribution Channel, 2019 &2027
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets in Banana Flakes Market, Revenue Forecast to 2027 (US$ Mn)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores in Banana Flakes Market, Revenue and Forecast to 2027 (US$ Mn)
9.5 Online
9.5.1 Overview
9.5.2 Online in Banana Flakes Market, Revenue and Forecast to 2027 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Others in Banana Flakes Market, Revenue and Forecast to 2027 (US$ Mn)
10. Banana Flakes Market – Geographic Analysis
10.1 Overview
10.2 North America: Banana Flakes Market
10.2.1 North America: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.2.2 North America: Banana flakes Market, by Nature
10.2.3 North America: Banana flakes Market, by Application
10.2.4 North America: Banana flakes Market, by Distribution Channel
10.2.5 North America: Banana flakes Market, by Key Country
10.2.5.1 US: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.2.5.1.1 US: Banana flakes Market, by Nature
10.2.5.1.2 US: Banana flakes Market, by Application
10.2.5.1.3 US: Banana flakes Market, by Distribution Channel
10.2.5.2 Canada: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.2.5.2.1 Canada: Banana flakes Market, by Nature
10.2.5.2.2 Canada: Banana flakes Market, by Application
10.2.5.2.3 Canada: Banana flakes Market, by Distribution Channel
10.2.5.3 Mexico: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.2.5.3.1 Mexico: Banana flakes Market, by Nature
10.2.5.3.2 Mexico: Banana flakes Market, by Application
10.2.5.3.3 Mexico: Banana flakes Market, by Distribution Channel
10.3 Europe: Banana flakes Market
10.3.1 Europe: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.3.2 Europe: Banana flakes Market, by Nature
10.3.3 Europe: Banana flakes Market, by Application
10.3.4 Europe: Banana flakes Market, by Distribution Channel
10.3.5 Europe: Banana flakes Market, by Key Country
10.3.5.1 Germany: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.3.5.1.1 Germany: Banana flakes Market, by Nature
10.3.5.1.2 Germany: Banana flakes Market, by Application
10.3.5.1.3 Germany: Banana flakes Market, by Distribution Channel
10.3.5.2 France: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.3.5.2.1 France: Banana flakes Market, by Nature
10.3.5.2.2 France: Banana flakes Market, by Application
10.3.5.2.3 France: Banana flakes Market, by Distribution Channel
10.3.5.3 Italy: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.3.5.3.1 Italy: Banana flakes Market, by Nature
10.3.5.3.2 Italy: Banana flakes Market, by Application
10.3.5.3.3 Italy: Banana flakes Market, by Distribution Channel
10.3.5.4 UK: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.3.5.4.1 UK: Banana flakes Market, by Nature
10.3.5.4.2 UK: Banana flakes Market, by Application
10.3.5.4.3 UK: Banana flakes Market, by Distribution Channel
10.3.5.5 Russia: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.3.5.5.1 Russia: Banana flakes Market, by Nature
10.3.5.5.2 Russia: Banana flakes Market, by Application
10.3.5.5.3 Russia: Banana flakes Market, by Distribution Channel
10.3.5.6 Rest of Europe: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.3.5.6.1 Rest of Europe: Banana flakes Market, by Nature
10.3.5.6.2 Rest of Europe: Banana flakes Market, by Application
10.3.5.6.3 Rest of Europe: Banana flakes Market, by Distribution Channel
10.4 APAC: Banana flakes Market
10.4.1 APAC: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.4.2 APAC: Banana flakes Market, by Nature
10.4.3 APAC: Banana flakes Market, by Application
10.4.4 APAC: Banana flakes Market, by Distribution Channel
10.4.5 APAC: Banana flakes Market, by Key Country
10.4.5.1 Australia: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.4.5.1.1 Australia: Banana flakes Market, by Nature
10.4.5.1.2 Australia: Banana flakes Market, by Application
10.4.5.1.3 Australia: Banana flakes Market, by Distribution Channel
10.4.5.2 China: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.4.5.2.1 China: Banana flakes Market, by Nature
10.4.5.2.2 China: Banana flakes Market, by Application
10.4.5.2.3 China: Banana flakes Market, by Distribution Channel
10.4.5.3 India: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.4.5.3.1 India: Banana flakes Market, by Nature
10.4.5.3.2 India: Banana flakes Market, by Application
10.4.5.3.3 India: Banana flakes Market, by Distribution Channel
10.4.5.4 Japan: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.4.5.4.1 Japan: Banana flakes Market, by Nature
10.4.5.4.2 Japan: Banana flakes Market, by Application
10.4.5.4.3 Japan: Banana flakes Market, by Distribution Channel
10.4.5.5 So uth Korea: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.4.5.5.1 South Korea: Banana flakes Market, by Nature
10.4.5.5.2 South Korea: Banana flakes Market, by Application
10.4.5.5.3 South Korea: Banana flakes Market, by Distribution Channel
10.4.5.6 Rest of APAC: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.4.5.6.1 Rest of APAC: Banana flakes Market, by Nature
10.4.5.6.2 Rest of APAC: Banana flakes Market, by Application
10.4.5.6.3 Rest of APAC: Banana flakes Market, by Distribution Channel
10.5 MEA: Banana flakes Market
10.5.1 MEA: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.5.2 MEA: Banana flakes Market, by Nature
10.5.3 MEA: Banana flakes Market, by Application
10.5.4 MEA: Banana flakes Market, by Distribution Channel
10.5.5 MEA: Banana flakes Market, by Key Country
10.5.5.1 South Africa: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.5.5.1.1 South Africa: Banana flakes Market, by Nature
10.5.5.1.2 South Africa: Banana flakes Market, by Application
10.5.5.1.3 South Africa: Banana flakes Market, by Distribution Channel
10.5.5.2 Saudi Arabia: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.5.5.2.1 Saudi Arabia: Banana flakes Market, by Nature
10.5.5.2.2 Saudi Arabia: Banana flakes Market, by Application
10.5.5.2.3 Saudi Arabia: Banana flakes Market, by Distribution Channel
10.5.5.3 UAE: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.5.5.3.1 UAE: Banana flakes Market, by Nature
10.5.5.3.2 UAE: Banana flakes Market, by Application
10.5.5.3.3 UAE: Banana flakes Market, by Distribution Channel
10.5.5.4 Rest of MEA: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.5.5.4.1 Rest of MEA: Banana flakes Market, by Nature
10.5.5.4.2 Rest of MEA: Banana flakes Market, by Application
10.5.5.4.3 Rest of MEA: Banana flakes Market, by Distribution Channel
10.6 SAM: Banana flakes Market
10.6.1 SAM: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.6.2 SAM: Banana flakes Market, by Nature
10.6.3 SAM: Banana flakes Market, by Application
10.6.4 SAM: Banana flakes Market, by Distribution Channel
10.6.5 SAM: Banana flakes Market, by Key Country
10.6.5.1 Brazil: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.6.5.1.1 Brazil: Banana flakes Market, by Nature
10.6.5.1.2 Brazil: Banana flakes Market, by Application
10.6.5.1.3 Brazil: Banana flakes Market, by Distribution Channel
10.6.5.2 Argentina: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.6.5.2.1 Argentina: Banana flakes Market, by Nature
10.6.5.2.2 Argentina: Banana flakes Market, by Application
10.6.5.2.3 Argentina: Banana flakes Market, by Distribution Channel
10.6.5.3 Rest of SAM: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
10.6.5.3.1 Rest of SAM: Banana flakes Market, by Nature
10.6.5.3.2 Rest of SAM: Banana flakes Market, by Application
10.6.5.3.3 Rest of SAM: Banana flakes Market, by Distribution Channel
11. Impact of COVID-19 Pandemic on Global Banana Flakes Market
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact assessment of COVID-19 Pandemic
11.6 South America: Impact assessment of COVID-19 Pandemic
12. Key Company Profiles
12.1 Bata Foods B.V.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Diana Group
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 Futurcorp S.A.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 Ingredient Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Naturkostbar KG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 JOHS. THOMS GmbH & Co. KG
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.7 P&G Food Industries
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 Rabeler Fruchtchips GmbH
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.9 Van Drunen Farms
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.10 Z Natural Foods
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Banana Flakes Market –Revenue and Forecast to 2027 (US$ Mn)
Table 2. North America Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 3. North America Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 4. North America Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 5. US Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 6. US Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 7. US Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 8. Canada Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 9. Canada Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 10. Canada Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 11. Mexico Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 12. Mexico Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 13. Mexico Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 14. Europe Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 15. Europe Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 16. Europe Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 17. Germany Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 18. Germany Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 19. Germany Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 20. France Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 21. France Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 22. France Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 23. Italy Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 24. Italy Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 25. Italy Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 26. UK Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 27. UK Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 28. UK Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 29. Russia Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 30. Russia Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 31. Russia Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 32. Rest of Europe Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 33. Rest of Europe Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 34. Rest of Europe Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 35. Asia Pacific Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 36. Asia Pacific Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 37. Asia Pacific Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 38. Australia Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 39. Australia Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 40. Australia Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 41. China Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 42. China Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 43. China Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 44. India Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 45. India Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 46. India Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 47. Japan Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 48. Japan Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 49. Japan Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 50. South Korea Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 51. South Korea Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 52. South Korea Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 53. Rest of APAC Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 54. Rest of APAC Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 55. Rest of APAC Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 56. MEA Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 57. MEA Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 58. MEA Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 59. South Africa Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 60. South Africa Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 61. South Africa Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 62. Saudi Arabia Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 63. Saudi Arabia Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 64. Saudi Arabia Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 65. UAE Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 66. UAE Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 67. UAE Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 68. Rest of MEA Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 69. Rest of MEA Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 70. Rest of MEA Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 71. SAM Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 72. SAM Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 73. SAM Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 74. Brazil Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 75. Brazil Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 76. Brazil Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 77. Argentina Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 78. Argentina Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 79. Argentina Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 80. Rest of SAM Banana Flakes Market, by Nature – Revenue and Forecast to 2027 (USD Mn)
Table 81. Rest of SAM Banana Flakes Market, by Application – Revenue and Forecast to 2027 (USD Mn)
Table 82. Rest of SAM Banana Flakes Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Mn)
Table 83. Glossary of Terms, Global Banana Flakes Market
LIST OF FIGURES
Figure 1. Banana Flakes Market Segmentation
Figure 2. Banana Flakes Market Segmentation – By Geography
Figure 3. Global Banana Flakes Market Overview
Figure 4. Food and Beverage Segment Held Largest Share of Global Banana flakes Market
Figure 5. Asia Pacific Region Held Largest Share of Global Banana flakes Market
Figure 6. Global Banana Flakes Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Banana Flakes Market Impact Analysis Of Driver And Restraints
Figure 14. Geographic Overview of Banana Flakes Market
Figure 15. Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 16. Banana Flakes Market Revenue Share, by Nature (2019 and 2027)
Figure 17. Organic: Banana Flakes Market – Revenue, and Forecast to 2027 (US$ Mn)
Figure 18. Conventional : Banana Flakes Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 19. Banana Flakes Market Revenue Share, by Application (2019 and 2027)
Figure 20. Household: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 21. Food and Beverages Industry: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 22. Others: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 23. Banana Flakes Market Breakdown, by Distribution Channel, 2019 &2027 (%)
Figure 24. Supermarkets and Hypermarkets in Banana Flakes Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 25. Specialty Stores in Banana Flakes Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 26. Online in Banana Flakes Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 27. Others in Banana Flakes Market, Revenue and Forecast, 2018–2027 (US$ Mn)
Figure 28. Global Banana flakes Market Revenue Share, by Region (2019 and 2027)
Figure 29. North America: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 30. North America: Banana flakes Market Revenue Share, by Nature (2019 and 2027)
Figure 31. North America: Banana flakes Market Revenue Share, by Application (2019 and 2027)
Figure 32. North America: Banana flakes Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 33. North America: Banana flakes Market Revenue Share, by Key Country (2019 and 2027)
Figure 34. US: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 35. Canada: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 36. Mexico: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 37. Europe: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 38. Europe: Banana flakes Market Revenue Share, by Nature (2019 and 2027)
Figure 39. Europe: Banana flakes Market Revenue Share, by Application (2019 and 2027)
Figure 40. Europe: Banana flakes Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 41. Europe: Banana flakes Market Revenue Share, by Key Country (2019 and 2027)
Figure 42. Germany: Banana Flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 43. France: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 44. Italy: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 45. UK: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 46. Russia: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 47. Rest of Europe: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 48. APAC: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 49. APAC: Banana flakes Market Revenue Share, by Nature (2019 and 2027)
Figure 50. APAC: Banana flakes Market Revenue Share, by Application (2019 and 2027)
Figure 51. APAC: Banana flakes Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 52. APAC: Banana flakes Market Revenue Share, by Key Country (2019 and 2027)
Figure 53. Australia: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 54. China: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 55. India: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 56. Japan: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 57. South Korea: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 58. Rest of APAC: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 59. MEA: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 60. MEA: Banana flakes Market Revenue Share, by Nature (2019 and 2027)
Figure 61. MEA: Banana flakes Market Revenue Share, by Application (2019 and 2027)
Figure 62. MEA: Banana flakes Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 63. MEA: Banana flakes Market Revenue Share, by Key Country (2019 and 2027)
Figure 64. South Africa: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 65. Saudi Arabia: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 66. UAE: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 67. Rest of MEA: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 68. SAM: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 69. SAM: Banana flakes Market Revenue Share, by Nature (2019 and 2027)
Figure 70. SAM: Banana flakes Market Revenue Share, by Application (2019 and 2027)
Figure 71. SAM: Banana flakes Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 72. SAM: Banana flakes Market Revenue Share, by Key Country (2019 and 2027)
Figure 73. Brazil: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 74. Argentina: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 75. Rest of SAM: Banana flakes Market – Revenue and Forecast to 2027 (US$ Mn)
Figure 76. Impact of COVID-19 Pandemic in North American Country Markets
Figure 77. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 78. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 79. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 80. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Global Banana Flakes Market
- Bata Foods B.V
- Diana Group
- Futurcorp S.A
- Ingredient Inc.
- Naturkostbar KG
- JOHS. THOMS GmbH & Co. KG
- P&G Food Industries
- Rabeler Fruchtchips GmbH
- Van Drunen Farms
- Z Natural Foods
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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