Banana Concentrate Market

Banana is one of the most popular fruit in the world. The industry is growing at a healthy rate for past some decades. Central America is one of the largest banana concentrate markets in the world. There is very less domestic demand hence much of the produced banana is exported in fruit form as well as in concentrate form. On the contrary, India is the largest producer and consumer of banana and its products globally. Due to high domestic demand, the fruit is not used for production of concentrates. Due to its nutritive and medicinal characteristics, the banana concentrate market is growing at a rapid pace. Banana concentrate preserves the natural flavor, color, and properties of banana. Mostly, the concentrate is stored in frozen form, due to which it is easier and cost effective to ship and store for longer duration. They are the economical and convenient alternative to fresh fruits which finds a role in different applications. Banana concentrates derivatives includes: juices, crush, Ice-Creams, cakes, donuts, fruit bars, milk shakes, yogurts, puddings, baby food, etc.
Banana Concentrate Market aims to provide a comprehensive presentation of the global market for Banana Concentrate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Banana Concentrate. Banana Concentrate Market contains market size and forecasts of Banana Concentrate in global, including the following market information:
Global Banana Concentrate Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Banana Concentrate Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Banana Concentrate companies in 2022 (%)
The global Banana Concentrate market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Due to rapid urbanization along with the changing lifestyle, rising disposable income, and dietary habits people don't have enough time to prepare food at home and thus tend to buy instant baby food products consist of fruit concentrates to fulfill the basic requirements of their infants. This can be a major driver towards the growth of banana concentrate market. With the increasing awareness about the bad effects of alcoholic beverages, and due to health benefits of fruits, people are resorting to fruits beverages which is influencing the growth of the market. Especially, the banana concentrate market is mainly driven due to the interest was shown by consumers in ready-made concentrates. Banana concentrate market is expected to witness high growth owing to its high medicinal and nutritional characteristics, high health and wellness functionality and various uses like sweetener in snacks, juices, and others. Other factors escalating the demand for banana concentrate includes continuous new product developments and improved distribution channel that supports the wide availability of banana concentrates in the market. Although being high in nutrition, these banana concentrates have high sugar content too, which restricts their use for diabetic people, which is one of the restraint factors.
We surveyed the Banana Concentrate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Banana Concentrate Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Banana Concentrate Market Segment Percentages, by Type, 2022 (%)
Fresh Concentrate
Frozen Concentrate
Dried Concentrate
Global Banana Concentrate Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Banana Concentrate Market Segment Percentages, by Application, 2022 (%)
Food & Beverage
Confectionery
Bakery
Dairy
Others
Global Banana Concentrate Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Banana Concentrate Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Banana Concentrate revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Banana Concentrate revenues share in global market, 2022 (%)
Key companies Banana Concentrate sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Banana Concentrate sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Jadli Foods
Chitale Agro
Shakarganj Food Products Limited
AGRANA group
Dohler Company
SVZ International
Outline of Major Chapters:
Chapter 1: Introduces the definition of Banana Concentrate, market overview.
Chapter 2: Global Banana Concentrate market size in revenue and volume.
Chapter 3: Detailed analysis of Banana Concentrate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Banana Concentrate in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Banana Concentrate capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.