About Dried Banana
The banana fruit should be ripe and sweet, but not soft and brown. Dried Banana is made by cutting the banana into thin slices and sulphur or sulphite by dipping in a 2000ppm SO2 solution for 1 minute. Dry the fruit in a single layer at 60-75degC until hard and brittle and avoid overheating to prevent the banana from darkening. Dried Banana contents carbohydrate and higher in fibre than their fresh counterparts; this gives the healthy, energy food which can be used as raw materials for further processing or consume directly with breakfast cereals and snacks and this is projected the growth of the dried banana market in the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dried Banana is highly competitive, with several key players dominating the industry. The market players are focused on developing a variety of features and benefits to meet the needs. Thus, constantly introducing new innovation in processing to meet the changing needs and preferences of consumers. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.The Vendors having a strong hold in the market are Bergin Fruit and Nut Company, Brothers All Natural, and Gin Gin & Dry. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dried Banana market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bergin Fruit and Nut Company (United States), Brothers All Natural (United States), Gin Gin & Dry (Australia), Thrive Life, LLC (United States), Natierra (United States), EAF Intertrade Pty Ltd (Australia), TreeLife Ltd. (China), Seeberger GmbH (Germany), GCF International Company Limited (Thailand) and Murray River Organics (Australia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Bestore (China), Hamiform (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Dried Banana market by Type (Sliced (Rings, Oblong, Ellipse Shapes, Strips), Cubes and Others), Application (Direct Consumption, Candy and Snacks and Others) and Region.
On the basis of geography, the market of Dried Banana has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Dried Banana market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drying Method, the sub-segment i.e. Sun will boost the Dried Banana market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Consumption of Snacks such as Cookies, Nuts, Extruded Snacks in all Age Groups Globally
Market Growth Drivers:
Growing Globalization, and Urbanization in Emerging Economies and Increasing Demand for Convenience Foods by Peoples Special While Travelling
Restraints:
Robust Competitive Rivalry might Stagnant Demand of the Dried Banana and Presence of Alternative Dried Snacks
Opportunities:
Manufacturer of Dried Bananas Paying Attention toward Tests, and Appealing Textures and Shapes of Snacks
Market Leaders and their expansionary development strategies
In February 2020, Brothers all natural announced the introduction of its chocolate covered Bananas. Brothers all natural fruit is sourced from the earth's prime growing regions and sent directly through its state-of-the-art freeze-dried process, gently removing any water.
In June 2023, VFD food launched a new product to the freeze dried have emerged as a delightful innovation. These lightweight, crunchy treats are capturing the hearts of consumer worldwide, offering a unique twist on a beloved fruit.
Key Target Audience
Dried Banana Producers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.