Published by Wanda Rich
Posted on March 20, 2025
Focus on Developing Bakery Ingredients with Health Benefits Set to Benefit Banana Puree Manufacturers Going Ahead: Fact.MR Report
According to a new report released by Fact.MR, the global Banana Puree Marketis expected to reach a size of US$ 2.63 billion in 2034 and thereafter expand at a CAGR of 5.5% from 2024 to 2034.
Banana puree is linked to a variety of health benefits, including improved skin and hair. As such, it is a popular ingredient in cosmetic products that are required to nourish the skin and hair.The bakery industry has experienced significant growth in demand for convenient food options. Traditional packaged baked goods are up against stiff competition from other ready-to-eat and traditional packaged foods.
Demand for banana puree is increasing due to the high focus on the development of bakery ingredients that have health benefits. The bakery industry produces baked cakes in a variety of flavors, with banana cakes being especially popular and in high demand. These cakes are usually made with banana puree. Thus, increasing the use of banana puree in baked goods will boost the market forward.
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Leading Players Driving Innovation in the Banana Puree Market:
The key players in the infant banana puree industry include The Kraft Heinz Co.; Ariza B.V.; Newberry International Produce Limited; Grünewald Fruchtsaft GmbH; Tree Top Inc.; Hiltfields Ltd.; Symrise AG (Cobel Ltd); Döhler GmbH; Kiril Mischeff; Riviana Foods Pty Ltd.; Nestlé S.A.; The Hain Celestial Group, Inc.; Shimla Hills Offerings Pvt. Ltd.; Antigua Processors S.A.; SunOpta Grains and Foods Inc.; FructaCR S.A.
The market in the United States is expanding at a steady pace as healthy beverages and smoothies become more popular. People are increasingly seeking healthier beverage options. Banana puree is a low-calorie, fat-free alternative to sugary beverages. Furthermore, banana puree contains a lot of vitamins and minerals.
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Key Takeaways from Banana Puree Market Study:
“Banana puree has become a popular raw material to make cosmetic products that nourish the skin and hair. Its widespread use in skincare products will further push market growth over the coming years,”says a Fact.MR analyst.
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Banana Puree Industry News & Trends:
In October 2022, Kerala, India-based agribusiness firm Greenikk established an end-to-end supply chain to link banana growers, dealers, and exporters on a single platform. In the main banana-producing agricultural regions of Kerala, Tamil Nadu, and Karnataka, India, the startup has set up Enablement Centers (EC) to offer farmers assistance with production and market-related matters.
Usman Banana Farm, Tayan Banana Farm, and Abai Banana Farm, three Philippine-based businesses, spent over US$ 8.7 million in Matanog, Maguindanao, in August 2022. The improvements are meant to increase the town's production of bananas, which are mostly farmed in the Cavendish and Cardava kinds.
Anti-inflammatory Properties of Banana Puree Driving Use in Skincare Products
Antioxidants protect the skin from free radical damage. Banana puree contains antioxidants, helping the skin's natural defenses against sun damage, even though a face mask cannot replace your regular sunscreen application. Bananas contain numerous anti-inflammatory nutrients, such as vitamin A, zinc, and manganese. Rubbing a banana peel on your face removes blemishes and treats acne.
More Valuable Insights on Offer:
Fact.MR, in its new offering, presents an unbiased analysis of the banana puree market for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study divulges the banana puree market based on nature (organic, conventional), end use (food & beverages, foodservice, cosmetics & personal care, retail/household), and distribution channel (business to business, business to consumer), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
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