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Based on application, the food and beverage segment is expected to occupy a significant market share in the forecast period as plantain flour is widely used in the food and beverage industry. It provides similar results as wheat flour or even better results. Flour made from wheat contains gluten and cannot be used alone, as it needs to be mixed with other grain-based flour. However, plantain flour can be used directly which increases the plantain flour market value. Moreover, plantain flour also helps improve heart health, reduce cholesterol, and enhance nerve and muscle activities. All these factors are expected to significantly contribute to the demand for plantain flour in the food and beverage industry.
Market Share by | Country |
Brazil | 4.7% |
USA | XX% |
Canada | XX% |
UK | XX% |
Plantain Flour Market Regional Analysis
*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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The market is projected to grow at a CAGR of 4.6% between 2024 and 2032.
The major market drivers include the increasing demand for gluten-free alternatives to wheat flour and the surging health consciousness.
The key trends guiding the market growth are the growing use of the product in the bakery sector and the surging production of plantain.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Organic and conventional are the significant sources of the product in the market.
Sun dried and oven dried, among others, are the major segments based on processes of plantain flour considered in the market report.
The significant applications of plantain flour are food and beverage and feed, among others.
Supermarkets and hypermarkets, convenience stores, and online, among others, are the various distribution channels of the product.
The major players in the market are Natural Evolution, Terova Inc. (NuBana), Ceres Enterprises Ltd., KADAC Pty Ltd., and Woodland Foods, among others.
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