Published by mark itwired
Posted on September 8, 2021
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.
This factor will have a noteworthy impact on the sales of banana flakes across the developing regions as well as increase its revenue on a global basis. Food manufacturers from across the globe are focusing on the usage of fruit products as consumers become more health-conscious. Thus, this is leading to a substantial rise in the sales of banana flakes across the globe, especially among health-conscious consumers. The expansion of quick-service restaurants and food outlets across developing regions such as the Middle East and Africa and the Asia Pacific has also led to a positive shift in the demand for banana flakes as a healthy alternative and option of fast foods.
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.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-6210
There are several sectors under the food and beverages industry that have a high demand for banana flakes, one of them being the infant nutrition sector. The infant nutrition sector is an incessantly evolving sector and the competition among the vendors in this particular sector is also rising at a substantial rate. The growth of retail sales in this segment has further spurred the development of this industry, thus supplementing the demand for the food materials being used in this industry, one of them being banana flakes.
Furthermore, banana flakes are highly used in the food industry in the production of breakfast cereals, thus triggering its demand globally.
Banana flakes are also considered significantly effective in controlling diarrhoea and related diseases. According to a report by the World Health Organization, the second leading cause of the number of child deaths across the globe is diarrhoea. In the last couple of years, banana flakes have been proven to be effective in controlling diarrhoea after being fed to critically ill patients. As a result of the benefits, pharmaceutical companies are initiating the production of banana flakes based medicines, consequently triggering the sales of banana flakes.
The Asia Pacific is anticipated to grab a major chunk of the pie among all regions. The growing demand for infant nutrition products, especially in China and India is likely to play a pivotal role in the growth of the banana flakes market in the region. The inclination of consumers on healthy breakfast and quick bites is also acting as a supplementing factor for the global banana flakes market. However, factors such as the presence of an unorganized market for banana flakes in the region and the preference of banana flour over banana flakes are likely to act as roadblocks in the development trail of the banana flakes market in the Asia Pacific.
Nevertheless, the growing focus on the consumption of organic food products in developed regions such as Europe and North America is likely to open lucrative opportunities for market players in the long run. Banana flakes market APAC is estimated to reach a value of around US$ 560 Mn by 2027 and is projected to grow at a value CAGR of 3.8% during the forecast period.
Based on the source, the global banana flakes market has been bifurcated into organic and conventional. Between these two, the conventional form is anticipated to be the most preferred one owing to its inexpensive nature. The conventional source segment is expected to dominate the global market with a high market valuation and is expected to grow at a moderate rate during 2017-2027.
On the basis of application, the market has been segmented into households, food and beverages, and others. The application of banana flakes will be extensively high in the food and beverages industry mainly owing to its use in cereals and bakery goods. The household application segment is expected to grow at a relatively high CAGR.
On the basis of distribution channels, the market has been divided into direct and indirect channels with direct channels leading among the two.
Region
Application
Source
Sales Channel
In order to stay ahead in the game and surpass their companies, the companies are adopting new strategies such as the expansion of consumer base in the global level and adopting different promotional techniques.
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.
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Market View Point
3.1. Macro-Economic Factors
3.2. Value Chain
3.3. Opportunity Analysis
4. Global Historical Market Analysis 2012–2016 and Forecast 2017–2027
4.1. Market Size and Y-o-Y Growth
4.2. Absolute $ Opportunity
5. Global Banana Flakes Market Historical Analysis 2012–2016 and Forecast, By Regions 2017–2027
5.1. Introduction / Key Findings
5.2. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Regions (2012-2016)
5.2.1. North America
5.2.2. Western Europe
5.2.3. Eastern Europe
5.2.4. Latin America
5.2.5. Asia Pacific Excluding Japan
5.2.6. Middle East and Africa
5.3. Market Size (US$ Mn) and Volume (MT) Forecast By Regions (2017-2017)
5.3.1. North America
5.3.2. Western Europe
5.3.3. Eastern Europe
5.3.4. Latin America
5.3.5. Asia Pacific and China
5.3.6. Middle East and Africa
5.4. Key Trends / Market Developments
5.5. Market Attractiveness Analysis By Region
The post Banana Flakes Market Comprehensive Shares, Historical Trends And Forecast By 2027 first appeared on Market Research Blog.
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.
This factor will have a noteworthy impact on the sales of banana flakes across the developing regions as well as increase its revenue on a global basis. Food manufacturers from across the globe are focusing on the usage of fruit products as consumers become more health-conscious. Thus, this is leading to a substantial rise in the sales of banana flakes across the globe, especially among health-conscious consumers. The expansion of quick-service restaurants and food outlets across developing regions such as the Middle East and Africa and the Asia Pacific has also led to a positive shift in the demand for banana flakes as a healthy alternative and option of fast foods.
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.
Request a Complete TOC of this Report with figures:
https://www.futuremarketinsights.com/toc/rep-gb-6210
There are several sectors under the food and beverages industry that have a high demand for banana flakes, one of them being the infant nutrition sector. The infant nutrition sector is an incessantly evolving sector and the competition among the vendors in this particular sector is also rising at a substantial rate. The growth of retail sales in this segment has further spurred the development of this industry, thus supplementing the demand for the food materials being used in this industry, one of them being banana flakes.
Furthermore, banana flakes are highly used in the food industry in the production of breakfast cereals, thus triggering its demand globally.
Banana flakes are also considered significantly effective in controlling diarrhoea and related diseases. According to a report by the World Health Organization, the second leading cause of the number of child deaths across the globe is diarrhoea. In the last couple of years, banana flakes have been proven to be effective in controlling diarrhoea after being fed to critically ill patients. As a result of the benefits, pharmaceutical companies are initiating the production of banana flakes based medicines, consequently triggering the sales of banana flakes.
The Asia Pacific is anticipated to grab a major chunk of the pie among all regions. The growing demand for infant nutrition products, especially in China and India is likely to play a pivotal role in the growth of the banana flakes market in the region. The inclination of consumers on healthy breakfast and quick bites is also acting as a supplementing factor for the global banana flakes market. However, factors such as the presence of an unorganized market for banana flakes in the region and the preference of banana flour over banana flakes are likely to act as roadblocks in the development trail of the banana flakes market in the Asia Pacific.
Nevertheless, the growing focus on the consumption of organic food products in developed regions such as Europe and North America is likely to open lucrative opportunities for market players in the long run. Banana flakes market APAC is estimated to reach a value of around US$ 560 Mn by 2027 and is projected to grow at a value CAGR of 3.8% during the forecast period.
Based on the source, the global banana flakes market has been bifurcated into organic and conventional. Between these two, the conventional form is anticipated to be the most preferred one owing to its inexpensive nature. The conventional source segment is expected to dominate the global market with a high market valuation and is expected to grow at a moderate rate during 2017-2027.
On the basis of application, the market has been segmented into households, food and beverages, and others. The application of banana flakes will be extensively high in the food and beverages industry mainly owing to its use in cereals and bakery goods. The household application segment is expected to grow at a relatively high CAGR.
On the basis of distribution channels, the market has been divided into direct and indirect channels with direct channels leading among the two.
Region
Application
Source
Sales Channel
In order to stay ahead in the game and surpass their companies, the companies are adopting new strategies such as the expansion of consumer base in the global level and adopting different promotional techniques.
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.
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Market View Point
3.1. Macro-Economic Factors
3.2. Value Chain
3.3. Opportunity Analysis
4. Global Historical Market Analysis 2012–2016 and Forecast 2017–2027
4.1. Market Size and Y-o-Y Growth
4.2. Absolute $ Opportunity
5. Global Banana Flakes Market Historical Analysis 2012–2016 and Forecast, By Regions 2017–2027
5.1. Introduction / Key Findings
5.2. Historical Market Size (US$ Mn) and Volume (MT) Analysis By Regions (2012-2016)
5.2.1. North America
5.2.2. Western Europe
5.2.3. Eastern Europe
5.2.4. Latin America
5.2.5. Asia Pacific Excluding Japan
5.2.6. Middle East and Africa
5.3. Market Size (US$ Mn) and Volume (MT) Forecast By Regions (2017-2017)
5.3.1. North America
5.3.2. Western Europe
5.3.3. Eastern Europe
5.3.4. Latin America
5.3.5. Asia Pacific and China
5.3.6. Middle East and Africa
5.4. Key Trends / Market Developments
5.5. Market Attractiveness Analysis By Region
The post Banana Flakes Market Comprehensive Shares, Historical Trends And Forecast By 2027 first appeared on Market Research Blog.
