Global Banana Concentrate Sales Market Report 2020

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.
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.

Market Analysis and Insights: Global Banana Concentrate Market
The global Banana Concentrate market size is projected to reach US$ XX million by 2026, from US$ XX million in 2020, at a CAGR of XX% during 2021-2026.

Global Banana Concentrate Scope and Market Size
The global Banana Concentrate market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Banana Concentrate market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Banana Concentrate market is segmented into
Fresh Concentrate
Frozen Concentrate
Dried Concentrate

Segment by Application, the Banana Concentrate market is segmented into
Food & Beverage
Confectionery
Bakery
Dairy
Others

The Banana Concentrate market is analysed and market size information is provided by regions (countries). Segment by Application, the Banana Concentrate market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Banana Concentrate Market Share Analysis
Banana Concentrate market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Banana Concentrate business, the date to enter into the Banana Concentrate market, Banana Concentrate product introduction, recent developments, etc.

The major vendors covered:
Jadli Foods
Chitale Agro
Shakarganj Food Products Limited
AGRANA group
Dohler Company
SVZ International

Frequently Asked Questions