Market Research Report Banana Flour Market Report 2018

Analysis of Global Banana Flour Market 2018-2022
A new report released by Businessindustryreports.com titled
“Global Banana Flour Market” that targets and provides
comprehensive market analysis with future prospects to
2022. The Banana Flour Market report broadly provides the
in-depth study of market growth, trends, share, industry
overview, size and top players.
Global Banana Flour Market Overview:
According to Market Analysts Global Banana Flour Market size is to maintain the average annual
growth rate of 5.47% from 283 million $ in 2014 to 332 million $ in 2017. Market analysts believe
that Banana Flour Market size will be further expanded, The market size of the Banana Flour will
reach 406 million $ by 2022.
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A key factor driving the growth of the market is increase in production of unripe bananas. Owing to
excess banana production, large volumes of bananas are wasted annually. One trend affecting this
market is the popularity of paleo diet.
Banana flour is a powder traditionally made of green bananas. It is now often used as a gluten-free
replacement for wheat flours or as a source of resistant starch, which has been promoted by certain
dieting trends such as paleo and primal diets and by some recent nutritional research.
The Banana Flour Market is segmented based on Application and Region. On the basis of application,
the market is sub-segmented into beverages, animal feed, and food. Feed industry segment is
projected to grow at a significant rate throughout the period of assessment.
Regionally, North America and Asia-Pacific are expected to have the significant growth as they are
the largest producer of banana flour across the globe. Europe has the largest consumption of various
banana flour products. Latin America and the Middle East and Africa are expected to have the
considerable growth in the near future.
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Key Players: