Asia Pacific Banana Flour Market Size, Share & Industry Trends Analysis Report By Nature (Conventional and Organic), By Processing, By Form (Unripen and Ripen), By Distribution Channel, By End-use, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Banana Flour Market would witness market growth of 6.9% CAGR during the forecast period (2022-2028).
Banana flour can also be recommended as a remedy for stomach aches and pains. In addition, for people with celiac disease or who want a gluten-free diet, these flours are presented as a gluten-free substitute to wheat-based flours. It is also sold as a natural source of resistant starch and as a clean-label texturizer. Banana flour has exceptional cooking and baking properties due to its high starch content, allowing it to be used in place of wheat and other flours. Adding banana flour to cooked items like pasta can boost overall resistant starch content by a significant amount.
Because the banana is not precisely a neutral flavor, it can also add a better taste to several meals. Healthy meals are usually not considered very delicious by people all over the world. However, banana flour is one of the most delicious healthy meals that can be consumed in various diet plans. Green banana flour also works like a fruity King Midas, although it can also be consumed with other flavors without ruining the taste of the meal. Green banana flour has a very slight banana flavor straight from the jar, and no flavor at all when cooked with a stronger flavor.
The quick pace of modern lifestyle has put the human body and mind under unprecedented physical and psychological strain in India. As a result, the demand for certified fitness instructors across the country has grown. This occupational line has emerged as a result of rising health and fitness consciousness. The modern workplace has made people hooked to computers and the latest technologies, leaving little time for exercise and training. As a result, a substantial segment of the population, particularly in urban areas, has become vulnerable to diseases such as diabetes, obesity, heart disease, hypertension, and various others.
The concept of fitness has undergone a significant transformation. Fitness has developed as a profitable business potential as well as a long-term career alternative. A large portion of the population has caught the fitness bug. Due to the rising trend and requirement for fitness among the regional countries, the demand for healthy products, such as banana flour has bolstered. This factor is playing a key role in augmenting the growth of the regional market.
The China market dominated the Asia Pacific Banana Flour Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $121.7 million by 2028. The Japan market is poised to grow at CAGR of 6.2% during (2022 - 2028). Additionally, The India market would display a CAGR of 7.6% during (2022 - 2028).
Based on Nature, the market is segmented into Conventional and Organic. Based on Processing, the market is segmented into Spray/Drum Dried, Sun Dried, Freeze Dried, and Others. Based on Form, the market is segmented into Unripen and Ripen. Based on Distribution Channel, the market is segmented into Direct Sales and Indirect Sales. Based on End-use, the market is segmented into Food Industry, Beverages, Retail/Household, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Symrise AG (Diana Foods), Woodland Foods Limited, Saipro Biotech Private Limited, LiveKuna, Pereg Natural Foods Inc., Seawind International, LLC, NuNaturals Ltd., Miski Organics (Miski Group), and Synergy Food Industries.
Scope of the Study
Market Segments Covered in the Report:
- Spray/Drum Dried
- Sun Dried
- Freeze Dried
By Distribution Channel
- Direct Sales
- Indirect Sales
- Food Industry
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Symrise AG (Diana Foods)
- Woodland Foods Limited
- Saipro Biotech Private Limited
- Pereg Natural Foods Inc.
- Seawind International, LLC
- NuNaturals Ltd.
- Miski Organics (Miski Group)
- Synergy Food Industries
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