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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 1.88 Billion

CAGR (2026-2031)

6.15%

Fastest Growing Segment

Organic

Largest Market

Asia Pacific

Market Size (2031)

USD 2.69 Billion

Market Overview

The Global Banana Powder Market will grow from USD 1.88 Billion in 2025 to USD 2.69 Billion by 2031 at a 6.15% CAGR. Banana powder is a processed fruit derivative manufactured by dehydrating and grinding banana pulp into a fine substance that preserves the nutritional content and flavor profile of the fresh fruit. The primary drivers supporting market growth include the significant reduction in logistical and storage costs compared to fresh produce and the operational necessity for shelf stable ingredients in industrial applications such as infant nutrition and commercial baking.

However, a major challenge impeding market expansion is the vulnerability of the raw material supply chain to plant diseases and climatic instability. According to the Pilipino Banana Growers and Exporters Association, in 2024, banana exports from the Philippines declined by 2.97 percent largely due to the continued spread of Fusarium wilt affecting plantation yields. Such volatility in the availability of quality fruit for processing creates production uncertainty and hinders the consistent scalability of the global banana powder industry.

Key Market Drivers

Increasing Adoption of Gluten-Free and Plant-Based Diets is a primary catalyst reshaping the global banana powder market, as manufacturers increasingly leverage the ingredient's high resistant starch content to replace synthetic texturizers and wheat flour. This shift is driving major ingredient suppliers to integrate upcycled fruit derivatives into their portfolios, satisfying consumer demand for clean-label, functional food additives without compromising on texture. For instance, according to Givaudan, February 2025, the company entered a strategic partnership to distribute Dole Specialty Ingredients' upcycled Green Banana Powder, aiming to expand its range of clean-label texturizing solutions for bakery and culinary applications. Such collaborations highlight the commercial viability of banana powder as a versatile, plant-based ingredient that addresses both nutritional requirements and industrial functionality.

The Advantages of Extended Shelf Life and Logistics Convenience further propel market scalability by mitigating the high spoilage rates associated with fresh produce trade. Processing bananas into powder significantly reduces weight and volume, lowering transportation overheads while creating a shelf-stable commodity that buffers against supply chain volatility. This transformation enables major producers to maximize export value and minimize waste through improved post-harvest infrastructure. According to the India Brand Equity Foundation, December 2024, India's banana exports surged to US$ 300 million in fiscal year 2023-24, driven by improved handling and sea-route protocols that facilitate broader market access. Consistent raw material availability remains crucial for this processing stability; according to the Association of Banana Marketing and Export (ACORBANEC), January 2025, Ecuador exported 364.73 million boxes of bananas in 2024, representing a 1.57 percent increase despite climatic pressures.

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Key Market Challenges

The vulnerability of the raw material supply chain to climatic instability and plant diseases stands as a critical barrier to the growth of the global banana powder industry. Manufacturers depend heavily on a steady stream of surplus or specific-grade fruit to maintain cost-effective operations. When extreme weather patterns or pathogen outbreaks compromise plantation yields, the immediate shortage of fresh bananas drives up procurement costs and destabilizes the feedstock availability required for continuous processing. This volatility makes it difficult for powder manufacturers to secure reliable long-term contracts with large-scale industrial buyers, such as infant formula producers, who demand unyielding consistency in supply volume.

The impact of these supply chain disruptions is evident in recent production metrics from major export regions. According to the Association of Banana Marketing and Export (ACORBANEC), in 2024, adverse climatic conditions resulted in a production reduction of approximately 15 percent in Ecuador during the first nine months of the year compared to yield potential. Such significant fluctuations in raw material output directly impede the industry's ability to scale operations and maintain the steady inventory levels necessary for market expansion.

Key Market Trends

The Shift Toward Clean-Label and Certified Organic Sourcing is altering procurement strategies within the banana powder market, driven by intensified regulatory scrutiny on contaminant levels in food ingredients. Manufacturers are increasingly prioritizing purity and traceability to mitigate liability, particularly in sensitive categories like infant nutrition where safety standards are becoming more rigorous. According to Manufacturing Dive, January 2025, the U.S. Food and Drug Administration issued final guidance setting action levels for lead in processed foods intended for babies and young children at 10 parts per billion for fruits and vegetables. This regulatory tightening compels ingredient suppliers to implement stringent quality control protocols and shift towards certified organic sourcing to ensure their banana powder formulations remain compliant and commercially viable for premium applications.

The Emergence of Upcycled Manufacturing from Imperfect and Surplus Fruit is simultaneously gaining traction as a scalable solution to optimize raw material utilization and support circular economy goals. This trend addresses the economic inefficiency of cosmetic rejection in the fresh fruit trade by repurposing nutrient-dense but visually non-compliant bananas into high-value powder. The sheer volume of available feedstock in major producing regions underpins the viability of this processing model; according to VnExpress International, December 2025, Vietnam currently produces around 2.8 million tonnes of bananas annually, providing a substantial base of raw material for value-added derivative production. By converting this significant agricultural output into shelf-stable powder, the industry reduces post-harvest waste while securing a consistent ingredient supply independent of fresh export grade requirements.

Segmental Insights

The Organic segment represents the fastest-growing category in the Global Banana Powder Market, driven by increasing consumer demand for chemical-free and clean-label products. This surge is particularly evident in the infant nutrition and functional beverage sectors, where ingredient purity is paramount. Adherence to stringent standards set by regulatory bodies, including the USDA and the European Commission, ensures product authenticity and fosters consumer trust. Consequently, manufacturers are prioritizing organically sourced ingredients to align with this global shift toward sustainable, pesticide-free nutrition, significantly outpacing the growth of conventional alternatives.

Regional Insights

Asia Pacific holds the dominant position in the global banana powder market, driven primarily by substantial raw material availability in major producing nations such as India and the Philippines. The region benefits from established agricultural supply chains that support cost-effective manufacturing of banana derivatives. Significant demand arises from the expanding infant food and confectionery sectors, where the product is valued for its high nutritional content and digestibility. Additionally, the growing preference for natural additives in cosmetics and personal care products across the region further strengthens market expansion, securing Asia Pacific's leadership role in the global landscape.

Recent Developments

  • In June 2025, Symrise completed a major expansion and modernization of its production facility in Pasaje, Ecuador, to strengthen its capabilities in the banana ingredients sector. The project involved the installation of additional drum dryers and a new workshop dedicated to customer innovation, significantly increasing the plant's capacity to produce banana flakes and powders. The upgrade also included anti-seismic infrastructure improvements to ensure operational continuity in the region. This investment was described by the company's leadership as a strategic move to meet the rising global demand for natural, high-quality tropical fruit ingredients in baby food, confectionery, and bakery applications.
  • In February 2025, Givaudan entered into a strategic collaboration with Dole Specialty Ingredients, a division of Dole Asia Holdings, to distribute an upcycled Green Banana Powder. This agreement granted Givaudan exclusive rights to market the ingredient in the Americas and Europe, integrating it into its texturizing solutions portfolio. The green banana powder, derived from imperfect bananas that would otherwise go to waste, was introduced as a sustainable alternative to modified starches, gums, and pectins in soups, sauces, and baked goods. This partnership aimed to enhance supply chain sustainability while providing food manufacturers with a clean-label, functional ingredient that offers fiber and natural viscosity.
  • In July 2024, International Agriculture Group expanded its portfolio in the Global Banana Powder Market with the launch of NuBana N200 Green Banana Flour. This new ingredient features a high concentration of resistant starch, containing a minimum of 65% RS2, which is significantly higher than comparable products. The company positioned the flour as a functional ingredient for applications such as powders, beverage mixes, and energy bars, emphasizing its ability to support digestive health and insulin sensitivity. The product was designed to withstand processing temperatures while maintaining its prebiotic properties, making it suitable for raw vegan formulations and clean-label consumer goods.
  • In January 2024, the Healthy Life Juices group, an agricultural collective based in Kenya, launched a new line of whole green banana flour to address post-harvest losses in the local market. This initiative involved processing raw green bananas into a gluten-free flour enriched with essential minerals like calcium and phosphorus, which extended the shelf life of the produce from a few days to eight months. The group utilized solar drying technology to ensure optimal moisture content and safety standards. This product launch provided a value-added income stream for local farmers and offered consumers a nutritious, long-lasting alternative to traditional grain-based flours.

Key Market Players

  • KADAC Pty Ltd
  • Sol Organica, S.A.
  • Kanegrade Ltd.
  • Griffith Foods Worldwide Inc.
  • SV Agrofood
  • Saipro Biotech Pvt Ltd
  • TWF Flours
  • Medikonda Nutrients
  • Natural Evolution Foods
  • Symrise AG

By Source

By Process

By Application

By Sales Channel

By Region

  • Organic
  • Conventional
  • Freeze Dried
  • Spray Dried
  • Sun Dried
  • Drum Dried And Others
  • Beverages
  • Feed Industry
  • Pet Food
  • Cosmetics
  • Household
  • Food Industry
  • Direct Sales
  • Indirect Sales
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Banana Powder Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Banana Powder Market, By Source:
  • Organic
  • Conventional
  • Banana Powder Market, By Process:
  • Freeze Dried
  • Spray Dried
  • Sun Dried
  • Drum Dried And Others
  • Banana Powder Market, By Application:
  • Beverages
  • Feed Industry
  • Pet Food
  • Cosmetics
  • Household
  • Food Industry
  • Banana Powder Market, By Sales Channel:
  • Direct Sales
  • Indirect Sales
  • Banana Powder Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Banana Powder Market.

Available Customizations:

Global Banana Powder Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Banana Powder Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Banana Powder Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Source (Organic, Conventional)

5.2.2.  By Process (Freeze Dried, Spray Dried, Sun Dried, Drum Dried And Others)

5.2.3.  By Application (Beverages, Feed Industry, Pet Food, Cosmetics, Household, Food Industry)

5.2.4.  By Sales Channel (Direct Sales, Indirect Sales)

5.2.5.  By Region

5.2.6.  By Company (2025)

5.3.  Market Map

6.    North America Banana Powder Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Source

6.2.2.  By Process

6.2.3.  By Application

6.2.4.  By Sales Channel

6.2.5.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Banana Powder Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Source

6.3.1.2.2.  By Process

6.3.1.2.3.  By Application

6.3.1.2.4.  By Sales Channel

6.3.2.    Canada Banana Powder Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Source

6.3.2.2.2.  By Process

6.3.2.2.3.  By Application

6.3.2.2.4.  By Sales Channel

6.3.3.    Mexico Banana Powder Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Source

6.3.3.2.2.  By Process

6.3.3.2.3.  By Application

6.3.3.2.4.  By Sales Channel

7.    Europe Banana Powder Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Source

7.2.2.  By Process

7.2.3.  By Application

7.2.4.  By Sales Channel

7.2.5.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Banana Powder Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Source

7.3.1.2.2.  By Process

7.3.1.2.3.  By Application

7.3.1.2.4.  By Sales Channel

7.3.2.    France Banana Powder Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Source

7.3.2.2.2.  By Process

7.3.2.2.3.  By Application

7.3.2.2.4.  By Sales Channel

7.3.3.    United Kingdom Banana Powder Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Source

7.3.3.2.2.  By Process

7.3.3.2.3.  By Application

7.3.3.2.4.  By Sales Channel

7.3.4.    Italy Banana Powder Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Source

7.3.4.2.2.  By Process

7.3.4.2.3.  By Application

7.3.4.2.4.  By Sales Channel

7.3.5.    Spain Banana Powder Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Source

7.3.5.2.2.  By Process

7.3.5.2.3.  By Application

7.3.5.2.4.  By Sales Channel

8.    Asia Pacific Banana Powder Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Source

8.2.2.  By Process

8.2.3.  By Application

8.2.4.  By Sales Channel

8.2.5.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Banana Powder Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Source

8.3.1.2.2.  By Process

8.3.1.2.3.  By Application

8.3.1.2.4.  By Sales Channel

8.3.2.    India Banana Powder Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Source

8.3.2.2.2.  By Process

8.3.2.2.3.  By Application

8.3.2.2.4.  By Sales Channel

8.3.3.    Japan Banana Powder Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Source

8.3.3.2.2.  By Process

8.3.3.2.3.  By Application

8.3.3.2.4.  By Sales Channel

8.3.4.    South Korea Banana Powder Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Source

8.3.4.2.2.  By Process

8.3.4.2.3.  By Application

8.3.4.2.4.  By Sales Channel

8.3.5.    Australia Banana Powder Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Source

8.3.5.2.2.  By Process

8.3.5.2.3.  By Application

8.3.5.2.4.  By Sales Channel

9.    Middle East & Africa Banana Powder Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Source

9.2.2.  By Process

9.2.3.  By Application

9.2.4.  By Sales Channel

9.2.5.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Banana Powder Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Source

9.3.1.2.2.  By Process

9.3.1.2.3.  By Application

9.3.1.2.4.  By Sales Channel

9.3.2.    UAE Banana Powder Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Source

9.3.2.2.2.  By Process

9.3.2.2.3.  By Application

9.3.2.2.4.  By Sales Channel

9.3.3.    South Africa Banana Powder Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Source

9.3.3.2.2.  By Process

9.3.3.2.3.  By Application

9.3.3.2.4.  By Sales Channel

10.    South America Banana Powder Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Source

10.2.2.  By Process

10.2.3.  By Application

10.2.4.  By Sales Channel

10.2.5.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Banana Powder Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Source

10.3.1.2.2.  By Process

10.3.1.2.3.  By Application

10.3.1.2.4.  By Sales Channel

10.3.2.    Colombia Banana Powder Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Source

10.3.2.2.2.  By Process

10.3.2.2.3.  By Application

10.3.2.2.4.  By Sales Channel

10.3.3.    Argentina Banana Powder Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Source

10.3.3.2.2.  By Process

10.3.3.2.3.  By Application

10.3.3.2.4.  By Sales Channel

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global Banana Powder Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  KADAC Pty Ltd

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  Sol Organica, S.A.

15.3.  Kanegrade Ltd.

15.4.  Griffith Foods Worldwide Inc.

15.5.  SV Agrofood

15.6.  Saipro Biotech Pvt Ltd

15.7.  TWF Flours

15.8.  Medikonda Nutrients

15.9.  Natural Evolution Foods

15.10.  Symrise AG

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Banana Powder Market was estimated to be USD 1.88 Billion in 2025.

Asia Pacific is the dominating region in the Global Banana Powder Market.

Organic segment is the fastest growing segment in the Global Banana Powder Market.

The Global Banana Powder Market is expected to grow at 6.15% between 2026 to 2031.

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