According to the research report titled ‘Global Banana Flour Market Size study, by Product (Organic Green Banana Flour, Conventional Green Banana Flour), by Process (Spray Dried Process, Sun Dried Process, Freeze Dried Process, Others), by Sales Channel (Direct Sales, Indirect Sales), by Application (Household, Food Industry, Beverages, Pet Food & Feed Industry) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global banana flour market is anticipated to witness 4.4% CAGR during 2022-2028.

Surging inclination towards plant-based food and increasing awareness regarding the benefits of bananas are some of the major factors driving the growth of global banana flour market.

Request sample copy of this report: https://www.marketstudyreport.com/request-a-sample/5065404/  

For the uninitiated, green bananas, which are used to make banana flour, are exceptionally healthy due to their low acidity, high soluble solid content, and mineral content. Moreover, any gastrointestinal issues, anemia, elevated blood pressure, constipation, memory loss, and ulcers among others can be treated using bananas, thus contributing towards their worldwide popularity.

Aside from this, the increasing expenditure on healthy food and the rising demand for banana flour will contribute towards the overall market expansion. However, fluctuating prices of raw materials are likely to hamper the remuneration scope of this business vertical in the forthcoming years.

Based on the product gamut, the market is split into conventional and organic green banana flour segments. Moving on to the process type, global banana flour industry is bifurcated into freeze-dried, sun-dried, spray-dried, and other processes.

As per the sales channel, the market is bifurcated into indirect and direct sales.

From the geographical point of view, Asia Pacific banana flour market is expected to generate notable returns in the ensuing years, due to the rising cultivation of bananas, increasing demand for the product, mounting awareness regarding the health benefits of bananas, surging disposable income, rising public inclination towards healthy food consumption.

The leading companies influencing the global banana flour market trends are NOW Health Group Inc., Absolute Organic, Slingan Pty Ltd., Banatone Food Industries, Kanegrade Ltd., Pereg Gourmet Natural Foods, Made's Green Banana Flour Co., Natural Evolution Limited, Zuvii, and International Agriculture Group.