Global Organic Banana Market Report and Forecast 2024-2032

Global Organic Banana Market Outlook

The global organic banana market is estimated to grow at a CAGR of more than 10.5% in the forecast period of 2024-2032. The organic banana market is primarily being driven by the increasing awareness about health and food safety among consumers. North America is the largest organic banana market.

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Market Segmentation

Farmers use natural fertilisers like manure and seaweed, insect predators and barriers in the production of organic bananas to prevent the use of plagues, and they generally weed by hand and sometimes mulch to avoid weeds. Organic bananas are different from the regular ones as the former are naturally grown without using pesticides and insecticides etc. Organic bananas are comparatively easier to crush, and they ripen as soon as they are cut as opposed to supermarket bananas.

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The organic banana market can be broadly categorised based on its distribution channels into:

• Supermarkets and Hypermarkets
• Convenience Stores
• Speciality Store
• Online
• Others

The EMR report looks into the regional organic banana markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

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Market Analysis

The increasing health and food safety concerns related to animal food products has resulted in an increased demand for plant-based food products. The demand for plant-based food items among health-conscious consumers is particularly high since foodstuffs and ingredients do not contribute to health issues. A diet based on plants is rich in nutrients, including folate, potassium, vitamin A, vitamin C, and vitamin E that reduce the risk of cardiovascular and some other metabolic disorders. Vegetarian and vegan diets are becoming increasingly attractive to people in regions like the United States and the United Kingdoms. Different government bodies are now actively promoting plant-based diets. Both factors will improve plant food intake, like organic bananas. The growing popularity of plant food products has therefore, been described as one of the key trends of the organic banana market. This trend will have a significant impact on the organic banana market growth.

Nevertheless, the effect of natural disasters on the production of organic bananas, distribution problems, and compliance with strict regulations could hamper the organic banana market growth over the forecast period.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global organic banana market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Chiquita Brands International Sàrl 
• Coliman Group
• Del Monte Fresh Produce Co. 
• Dole Food Co. Inc.
• Fyffes Ltd.
• Agroamerica Fruit Company
• Arco International Co., Ltd.
• Agro Fair Benelux B.V
• Grupo Iren
• The African Food Company, Lda
• Others 

The EMR report gives an in-depth insight into the organic banana market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report