Banana Bread Market Scope
Banana bread is the type of bread that is made from mashed bananas. Flour, sugar, butter, milk, eggs, baking powder and flavourings are some of the most regularly used components. It has a wet texture and is high in critical nutrients like fibre, potassium, protein, carbohydrate, and vitamins. It is widely available in flavoured and unflavoured varieties. As a result, it aids in the creation of energy, the maintenance of muscle health, blood pressure regulation, and heart health preservation. In India 2021, the volume of banana production was 33.83 million metric tons.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | General Mills, Inc. (United States), Mama Kaaz (Australia), King Arthur Baking Company, Inc. (United States), Big Banana Bread (England), The Essential Baking Company (Seattle, WA), Simple Mills (United States), Orwashers Bakery (United States), The Elegant Farmer (Wisconsin), Banana Bread Co (United States) and Barnes Naturals Pty Ltd (United States) |
CAGR | % |
In the industry's competitive landscape, Banana Bread Co., Banana Manna, Big Banana Bread Co., Dank Brooklyn LLC, General Mills Inc., King Arthur Baking Company Inc., Mama Kaaz, Orwashers New York Original Artisans Bakery (Oven Artisans Inc.), Simple Mills, The Elegant Farmer, Papa Joe's Bakehouse, and The Essential Baking Company Inc. have all been profiled.
General Mills, Inc. (United States), Mama Kaaz (Australia), King Arthur Baking Company, Inc. (United States), Big Banana Bread (England), The Essential Baking Company (Seattle, WA), Simple Mills (United States), Orwashers Bakery (United States), The Elegant Farmer (Wisconsin), Banana Bread Co (United States) and Barnes Naturals Pty Ltd (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are High Society – Novarev (France), Sudem Bakery and Pastry (Turkey) and Arvaloo GMBH (Germany).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Banana Bread market by Type , by Application (Cakes & Pastries, Doughnuts & Muffins and Others) and Region with country level break-up.
On the basis of geography, the market of Banana Bread 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).
region held largest market share in the year 2022.
In March 2021, Kerry Group introduced acryl east which is an acrylamide reducing yeast used to make banana bread. Through a licencing deal, Renaissance Bioscience released the product. Acryl east is a clean-label solution that does not affect food taste or texture.
Influencing Trend:
Rising in Health Consciousness among Consumers Regarding Gluten-Free Banana Bread Products
Market Growth Drivers:
Increasing Demand for Healthy and Nutritious Bakery Products, Growth of the Banana Bread Market has Been Aided by Increased Retail Penetration. and Changing the Lifestyle and Increasing Demand for Ready-To-Eat Food
Challenges:
Stringent Government Regulations on Food and Beverage Manufacturing
Restraints:
Increased Banana, Brown Sugar, Jam, and Honey Consumption is a Hamper on Market Growth
Opportunities:
Increasing Bakery Product Consumption by Americans and Europeans
Key Target Audience
Banana Bread manufactures, Banana Bread Distributors, Banana Bread Retailers, Banana Bread companies and Food agencies