Banana
is the second largest produced fruit after citrus which contributes
about 16% of the world’s total fruit production. It is favorable
for industrial processing due to its various rich characteristics
such as low acidity, a large content of soluble solids, and minerals.
The consumption of banana is less than its production, so to increase
waste utilization of food products and converted into various
innovative products such as banana flour. The banana flour is a
powder made of green bananas which are often used as a replacement
for wheat flour. It promotes the growth of good bacteria in the gut
and can also assist with weight loss. It is mostly used in India and
Africa as a cheaper alternative to wheat flour. It has a texture
similar to wheat flour and also requires about 25% less volume. The
banana flour is produced from banana when the fruit is unripe as it
is rich in dietary fiber, resistant starch, and aids in colon health.
Apart from these, it also helps to minimize postharvest losses,
prevention of osteoporosis by increasing the absorption of calcium
and other minerals and retains the nutritive value of fresh bananas.
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One
of the significant factors contributing towards the growth of banana
flour market is continuous new product development and improved
distribution channel that supports the wide availability of banana
flour in the market. Another factor towards the growth of the market
is the banana flour prepared using fruits at different stages of
ripening has been shown to behave differently during manufacture of
food products such as bread, cakes, pastries, pancakes, pasta etc.
The banana flour prepared at different stages of ripeness can help
the food processors to control the quality of food incorporated with
banana flour. Moreover, it boosts the immune system and maximizes
other benefits because it serves as a carrier of probiotics to the
large intestine, which can be a major factor towards the growth of
banana flour market. In addition to this, banana flour also contains
the high amount of nutrition such as calcium, potassium, reducing
sugars and others which aids in curbing the craving for nicotine,
caffeine and also helps in better blood circulation.
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On
the basis of the regional outlook, banana flour market is segmented
into five different regions: North America, Latin America, Europe,
Middle East and Africa and Asia Pacific. On analyzing the banana
flour market at the global level, North America and Asia-Pacific are
expected to have the significant growth as they are the largest
producer of banana flour across the globe. In Europe, although it has
very small banana flour production but has the largest consumption of
various banana flour products. Latin America and the Middle East and
Africa are expected to have the considerable growth in the near
future.
Some
of the major players operating in banana flour market include Zuvii,
Pereg Gourmet Spices, Nutritive, Stawi Foods and Fruits Limited,
Natural Evolution, M-Pak, International Agriculture Group, Now Foods,
Ceres organics
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