Banana powder has been gathering steam among food and cosmeticindustries to diversify their portfolio. The consumption potential in the banana powder market has attracted beautyenthusiasts who are looking to utilize the products as setting powder formeeting a wide range of beauty care needs of populations.
World over, companies of varying hues from these industries are workingto work collaboratively with banana producers to improve the profitability ofthe produce, and hence catalyzing the attractive quotient of the global bananapowder market. Propelled by expanding public information on the benefits ofbanana powder, consumers have begun responding to marketing campaigns bycosmetic brands. A few early adopters are seeking to harnessorganically-sourced banana powders with the aim of diversifying their portfolio.Such moves have helped banana powder manufacturers, notably new entrants, togarner competitive gains in the banana powder market.
The intensity of competition in the banana powder market is likely toincrease noticeably with new entrants to disrupt the plant-based productsspace. Meanwhile, both organic as well inorganic growth strategies will underthe radar of several players in the market, in order to consolidate theirpositions or their geographic footprints. Notably, numerous companies in thebanana powder market are aiming to leveraging new distribution partnerships,and entering into acquisitions for competitive gains.
The global worth of the banana powder market was US$ 550 Mn in 2019. Themarket would clock a promising CAGR during 2019 – 2027 to reach US$ 774.4 Mn by2027-end.
Request Sample
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=21299
Benefits of Processed Banana Fuel Consumption inBakery and Confectionery Industry
The most marked impetus to the evolution of the banana powder market islikely to come from the food and beverages industry. Food processors areactively seeking to advance the demand potential in marketplace by gettingaccess to new separation and processing technologies. The growing adoption ofsuch technologies has enabled especially producers in the bakery andconfectionery industry to fuel consumption in the banana powder market. Themajor share that the segment has been holding in the global marketplace issupporting the trend. Overall, the food industry occupied a little more thanhalf of the share in the global banana powder market. A promising avenue is inthe prospect of the use of banana powder for baby foods.
More Trending Reports
Skin Care Products with Banana Powder AttractingConsumers
The cosmetics industry has reaped large revenue gains from the sales ofproducts that contain banana powders. The demands in various populations havebeen stimulated by the growing popularity that setting powders enjoy in thebeauty care products. Cosmetic brands coming up with new formulations to suitevery skin types and tone are fueling new avenues that encourage the growth ofthe banana powder market. Growing numbers of consumers who pin hopes of bananapowder for sensitive skin is expected the advance the revenue generatingpotential further.
Request Covid19 analysis on thismarket
https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=21299
Among the various regions, the impact of the aforementioned trend onAsia Pacific will be most marked. In the coming years, the region is expectedto witness several lucrative avenues in end-use industries to keep thelucrativeness of the overall banana powder high. Moreover, in numerous emergingeconomies of the region, growing proclivity of consumers who want to try exoticingredients in their beauty care has reinforced the potential of the AsiaPacific banana powder market.
The study presented here is based on a report by Transparency MarketResearch (TMR) titled “Banana Powder Market (Application - Beverages, Pet Foodand Feed Industry, Household, Food Industry, Cosmetics; Source - Organic,Conventional; Process - Freeze Dried, Spray Dried, Sun Dried, Drum Dried,Others; Distribution Channel - Direct Sales, indirect Sales) - Global Industry,Size, Share, Growth, Trends, Forecast, 2019 – 2027.”
Buy Now
https://www.transparencymarketresearch.com/checkout.php?rep_id=21299<ype=S
The food andbeverages sector has cemented its place among the global populace firmly overthe years. This sector attracts considerable investments and subsidies fromnumerous government and non-government organizations. The trends and popularityregarding specific sub-categories are dynamic and help in structuring theoverall growth. The trends are a way of answering the needs of the consumer.The players in the food and beverages sector have to adapt to the changingtrends, which helps increase revenue-generation opportunities.
The world hasundergone a major shift in the way of living since the COVID-19 pandemicstruck. A notable change in the functioning of various businesses and sectorshas influenced their working mechanisms extensively. The food and beveragesector is no stranger to this change. Transparency Market Research (TMR) hasstudied many aspects concerning the difference between the trends in thepre-pandemic and post-pandemic world across the food and beverage industry.
About Us
Transparency Market Research is a next-generation market intelligenceprovider, offering fact-based solutions to business leaders, consultants, andstrategy professionals.
Our reports are single-point solutions for businesses to grow, evolve,and mature. Our real-time data collection methods along with ability to trackmore than one million high growth niche products are aligned with your aims.The detailed and proprietary statistical models used by our analysts offerinsights for making right decision in the shortest span of time. Fororganizations that require specific but comprehensive information we offercustomized solutions through adhoc reports. These requests are delivered withthe perfect combination of right sense of fact-oriented problem solvingmethodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specificproblems with rigt methodology of research is the key to helpenterprises reach right decision.”
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
