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Report Overview

The global banana flour market size attained a value of USD 792.29 Million in 2024. The market is expected to grow at a CAGR of 4.20% in the forecast period of 2025-2034 to reach a value of USD 1195.53 Million by 2034.

The banana flour industry is fueled by growing demand for gluten-free products and heightened health awareness among consumers. With more individuals embracing gluten-free diets because of celiac disease or gluten intolerance, banana flour is a healthy and functional replacement in cooking and baking. Moreover, increased recognition of the health attributes of banana flour, including its rich source of fiber, resistant starch, and ability to support digestion and weight loss, drives it further. These, along with the increasing trend of plant-based and clean-label foods, drive the global banana flour market steadily.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  •  

  •  

  •  

Compound Annual Growth Rate

Value in USD Million

4.2%

2025-2034


Banana Flour Market Outlook

*this image is indicative*

Banana Flour Market Trends

Growing Awareness about Health to Boost the Market Growth

Banana flour for babies is in rising demand as parents look for natural and healthy food for their children. This trend affects the banana flour market, urging manufacturers to create infant-friendly formulas. Distribution channels positively affect the banana flour market, with health stores and online shopping making banana flour easily available. The trend towards adding snacks with banana flour is on a rise, particularly in gluten-free and health-conscious markets. Rich in dietary fibers, banana flour aids digestion and weight control. Banana flour is majorly used in bakery products, much as the growing Gluten Free Products Market, where it acts as a functional, healthy substitute.

Banana flour manufacturing companies are finding demand growing based on the rising popularity of banana flour in multifarious applications. Major banana flour manufacturers are developing new blends at a cost and investing in modernization to follow changing consumer lifestyles. The trend to mix banana flour with other flours enhances its usability in gluten-free baking. The banana flour market CAGR reflects steady growth, driven by health trends and dietary shifts. Consequently, banana flour market revenue worldwide will grow with the backing of increased product offerings and penetration in world markets.

Banana Flour Source Insights

Banana flour market segmentation depicts the increased shift towards organic options, and with the organic banana flour segment moving strongly ahead, consumers are progressively looking for a healthier, chemically free food alternative that would fuel the banana flour market revenue. The organically certified banana flour comes across as being cleaner and healthier, resonating with overall trends in global health. The organic banana flour is most preferred in baby food, bakery, and functional food uses, which is increasing the banana flour market size. Organic banana flour demand is also driven by increased consumer consciousness and regulatory encouragement of organic products. Consequently, the size of the banana flour market is experiencing steady growth, with increasing numbers of brands providing certified organic options to meet this demand.

Green banana flour is another prominent segment that is becoming increasingly popular because of its nutritional value and versatility. Green banana flour imparts a high resistant starch level, which makes it suitable for weight management and gut health. Green Banana Flour is used extensively in gluten-free and functional food markets, which attract health-oriented consumers. Its neutral taste and high fiber level make it a popular option for many food formulations, such as baked foods, smoothies, and snacks. The growing need for healthier options in processed foods continues to fuel the use of green banana flour in both domestic and industrial applications.

Banana Flour Packaging Insights

Banana flour market segmentation emphasizes the significance of diversified packaging solutions to cater to consumer and industry needs. Packaging must ensure product quality, shelf life, and convenience. Among the typical types of packaging for banana flour, resealable pouches are preferred for household consumption, while bulk paper or plastic bags are for business consumers. Environmentally friendly and sustainable packaging solutions are also becoming increasingly popular as individuals look for earth-friendly options. With the banana flour market continuing to grow, new packaging solutions come to help provide better preservation, convenience, and marketability to organic and traditional banana flour products.

Banana Flour Distribution Channel Insights

Banana flour market data show an increase in demand for this multifaceted ingredient through various channels of distribution. Banana flour finds extensive distribution at supermarkets, health food stores, and online sites, thus accessible to a mass consumer base. With the upsurge of demand for clean-label and gluten-free products, banana flour is emerging as a key ingredient in bakery items like bread, cookies, and cakes from bakeries. The growth of shopping and e-commerce sites has added to the fortified banana flour industry, making the product available across different pack sizes ranging from home packs to wholesale commercial sizes.

There are specialty food stores, organic food stores, and some consumer brands marketing banana flour as a gluten-free and healthy alternative to regular wheat flour which will drive sales as the demand for health-oriented foods increases. This leads to a huge growth opportunity for the banana flour industry and the manufacturers have been expanding their product ranges. The rising online food shopping has also stimulated sales as consumers are now attracted by providing easy and diverse shopping options. Change of marketing channels means that banana flour will now certainly attract more and more visibility in the international mainstream and specialty food markets.

Banana Flour Regional Insights

The Asia-Pacific banana flour market is growing at a significant pace owing to high banana production within the region and heightened consumer education. India, the Philippines, and Indonesia are the top-producing countries of banana flour, shipping domestic as well as global demand. The preference for natural, plant-based, and healthier options is driving the demand for banana flour from the bakery, baby food, and snacks. Moreover, the health benefits of banana flour, that includes high fiber content, gluten-free, and good for digestion-have made it one of the admired choices for the health-conscious consumer. Such promotion of organic farming by the government will also complement the expansion of market growth in this region.

Europe's banana flour market is experiencing a consistent rise with growing adoption of gluten-free and clean-label food. Regionally, consumers are increasingly looking for healthier alternatives to conventional wheat flour, underpinning the demand for banana flour. The Germany banana flour market is growing with more bakeries and food producers including banana flour in their products. Likewise, the UK banana flour market is reaping from the increasing popularity of plant-based and sustainable diets. Demand for organic and natural products by European consumers also propels the market further, with increased availability in health food stores and online channels.

The North American banana flour market is expanding quickly, stimulated by increasing consumer interest and dietary patterns. Demand for banana flour is driven by increased demand for gluten-free, grain-free, and clean-label foods. The U.S. banana flour market is among the leading drivers of regional growth, as large food companies and retailers introduce banana flour into health-focused product lines. U.S. consumers are also using banana flour for resistant starch to contribute to digestive health and weight management. The Canadian banana flour market is further growing as consumers increasingly adopt alternative flours into dietary patterns. The rise of e-commerce platforms and specialty health food stores in North America further supports the distribution and accessibility of banana flour, making it a staple in the region’s evolving food industry.

Banana Flour Key Market Players & Competitive Insights

Consumers increasingly demand gluten-free and nutrition-dense alternatives, aiding the banana flour market grow. With health-conscious food trends on the rise, players in the banana flour industry are emphasizing innovation and product line expansion. Competitors in the banana flour industry are spending on research and development to make banana flour more versatile for use in different food applications, ranging from baking to infant food. The increasing demand for banana flour in mainstream and specialty channels presents opportunities for both old and new brands. Moreover, increasing distribution networks via online and retail outlets lead to the steady expansion of the banana flour market.

Producers in the banana flour industry are positioning themselves to address changing consumer tastes. The market for banana flour is becoming increasingly competitive, with the companies placing more emphasis on organic certifications, sustainability, and product quality. The major players in the banana flour industry are multinational companies and local manufacturers who compete to capture the lion's share of the increasing market. The banana flour market major players are getting into agreements with retailers and food producers to gain more exposure for their products as well as their availability. Ongoing investment in manufacturing facilities, packaging machinery, and marketing also improves their competitiveness and capacity to serve various consumer demands across the world.

Businesses are also investing in packing banana flour for sale in a range of packaging options, including resealable bags, bulk packs, and biodegradable packs to suit environmentally conscious consumers. The gluten-free banana flour demand has also increased, especially among consumers with gluten intolerance and those who have special diets. To meet this demand, companies emphasize high-quality sourcing and processing techniques that preserve the nutritional content of banana flour. Environmentally friendly and innovative packaging solutions also allow brands to differentiate themselves in the competitive market while meeting environmental concerns and regulatory requirements. The major players of this market are Stawi Foods and Fruits Limited, WILD Flavors and Specialty Ingredients, Paradise Fruits Solutions GmbH & Co.KG, Pereg Gourmet Spices, Ceres Organics, M-Pak, Kanegrade Ltd, Natural Evolution, International Agriculture Group.

With the expanding market, banana flour remains a popular ingredient in bakery, snack, and functional foods. The health benefits and versatility of banana flour make it an attractive commodity for food manufacturers and consumers alike. Stawi Foods and Fruits Limited supplies organic banana flour with a focus on gluten-free, high-fiber, and eco-friendly food ingredients to consumers concerned about their health. Banana flour is provided by WILD Flavors and Specialty Ingredients as a natural and gluten-free food ingredient to enrich the texture and nutrition of bread. Product differentiation, quality products, and environmentally sustainable firms will likely be competitive. With growing demand worldwide and improved production and packaging, the banana flour market is poised for further growth, and it is a dynamic and lucrative business for major players.

Key Companies in the Banana Flour market include:

The following firms banana flour market. These companies combined have the highest market share and influence industry trends.

  • Stawi Foods and Fruits Limited 
  • WILD Flavors and Specialty Ingredients 
  • Paradise Fruits Solutions GmbH & Co.KG 
  • Pereg Gourmet Spices
  • Ceres Organics
  • M-Pak 
  • Kanegrade Ltd 
  • Natural Evolution 
  • International Agriculture Group 
  • Others

Banana Flour Industry Developments

  • In July 2024, International Agriculture Group (IAG) introduced NuBana N200 Green Banana Flour that boasts 65% RS2 resistant starch. The ingredient provides various health benefits, including enhanced digestive health, fat metabolism, and insulin sensitivity, depending on how much is consumed daily. It's particularly suited for use in products such as powders, drink mixes, cold-fill drinks, and bars, primarily in raw vegan foods because it is heat-stable. Non-GMO, gluten-free, and sold as "dried green banana" or "green banana flour," it offers a natural, consumer-friendly option with added minerals such as potassium, magnesium, and manganese.
  • In January 2024, a farmer group in Embu, under Stephen Mutuanga of Healthy Life Juices, began manufacturing whole green banana flour to curb post-harvest losses and increase market prospects. The gluten-free flour that is high in calcium, phosphorus, and magnesium increases the shelf life of bananas from five days to eight months. The group diversified from juice production to flour production, facilitated by training from the Agricultural Technology Development Centre. They buy green bananas, dry them with solar dryers, and grind them into healthy flour for longer-term consumption.
  • In April 2022, iTi Tropicals introduced organic green banana flour, a wheat flour substitute in packaged foods that is gluten-free. Imported from India, the flour contains high levels of resistant starch since it's produced from bananas that are dried before ripening. Its light brown color and subtle flavor make it perfect for pastries, muffins, cakes, and more, and it can be substituted 1:1 for wheat flour when baking.

Banana Flour Market Segmentation

“Banana Flour Market Report and Forecast 2025 to 2034” offers a detailed analysis of the market based on the following segments:

Source Outlook

  • Organic
  • Conventional

Packaging Outlook

  • Pouches
  • Boxes
  • Others

Process Outlook

  • Freeze Dried
  • Spray Dried 
  • Sun Dried
  • Others

Application Outlook

  • Food and Beverage
    • Bakery and Snacks
    • Confectionery
    • Infant Foods
    • Soups and Sauces
    • Others
  • Feed Industry
  • Others

End Use Outlook

  • Commercial Use
  • Residential Use

Distribution Channel Outlook

  • Store
  • Non-Store

Region Outlook

  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others

Banana Flour Market Report Snapshots

Banana Flour Market Size

Banana Flour Market Growth

Banana Flour Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The banana flour market is expected to grow at a compound annual growth rate (CAGR) of 4.20% between 2025 and 2034.

The major drivers of the industry, such as rising disposable incomes, increasing population, increasing health consciousness, rising use in bakery products and infant food, and growing production of bananas, are expected to aid the market growth.

The key trend guiding the growth of the market includes the rising demand for gluten-free alternatives to wheat flour.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading sources of banana flour in the industry are organic and conventional.

The major processes involved in the market are freeze dried, spray dried, and sun dried, among others.

The significant application segments in the industry are food and beverage and feed industry, among others.

The leading end-use sectors in the market are commercial use and residential use.

The major distribution channels in the industry are Store and Non-Store.

Major players in the banana flour market include Stawi Foods and Fruits Limited, WILD Flavors and Specialty Ingredients, Paradise Fruits Solutions GmbH & Co.KG, Pereg Gourmet Spices, Ceres Organics, M-Pak, Kanegrade Ltd, Natural Evolution, and International Agriculture Group, among others.

The global banana flour market was valued at approximately USD 792.29 Million in 2024.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 1195.53 Million by 2034.

Asia Pacific is expected to dominate the banana flour market, accounting for a significant global revenue in 2024.

The primary source for banana flour production is green bananas, which are processed to retain high levels of resistant starch.

The food industry is predicted to lead the banana flour market.

The food industry is expected to capture approximately a dominant share of the global banana flour market revenue.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Source
  • Packaging
  • Process
  • Application
  • End Use
  • Distribution Channel
  • Region
Breakup by Source
  • Organic
  • Conventional
Breakup by Packaging
  • Pouches
  • Boxes
  • Others
Breakup by Process
  • Freeze Dried
  • Spray Dried 
  • Sun Dried
  • Others
Breakup by Application
  • Food and Beverage
  • Feed Industry
  • Others
Breakup by End Use
  • Commercial Use
  • Residential Use
Breakup by Distribution Channel
  • Store
  • Non-Store
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Supplier Selection
  • Key Global Players
  • Key Regional Players
  • Key Player Strategies
  • Company Profiles
Companies Covered
  • Stawi Foods and Fruits Limited 
  • WILD Flavors and Specialty Ingredients 
  • Paradise Fruits Solutions GmbH & Co.KG 
  • Pereg Gourmet Spices
  • Ceres Organics
  • M-Pak 
  • Kanegrade Ltd 
  • Natural Evolution 
  • International Agriculture Group 
  • Others
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