What is banana powder?
Banana fruit belonging to the genus Musa, of the family Musacae, is the most common and popular fruit around the world. Although bananas are a common and widely popular fruit, its byproduct banana powder too is a very popular product in the export market. Banana powder is produced by drying ripe bananas and grinding the dried-up bananas into powder form. Its powdered form retains the major nutrients of banana which include potassium, fiber, and vitamins. It is becoming a versatile ingredient in major industries such as food, beverages, cosmetics, pharmaceutical industries, etc.
In this blog, we will understand the banana powder market, its profit potential for existing and new business owners and how can owners find verified Banana Powder Buyers.
Banana Powder Export Market
In the current scenario, consumers are gradually shifting towards natural, organic, and sustainable ways of living. This drastic shift is further pushing producers, manufacturers, sellers, resellers, importers, exporters, or buyers to adapt and cater to consumer demand. According to the banana powder global market report, the market size is expected to grow by 6.2% by 2032. The market size for 2023 is US $1.12 billion and is estimated to reach US $2.07 billion by 2032
Banana Powder Market Segmentation Overview
Banana powder is gaining momentum globally due to several reasons. It is rich in nutrients, easy to digest, organic, and gluten-free. Further, it has a high storage life with easy packaging, thus a simple ingredient to add to the lists of manufacturers. Banana powder buyers are numerous, buying actively in the baby food, pharmaceutical, and cosmetic industries due to growing customer demand for a greener and healthier way of life.
Market Segmentation
- By Source: Organic, Conventional
- By Process: Freeze Dried, Spray Dried, Sun Dried, Drum Dried
- By Application: Food Industry, Cosmetics, Pharmaceuticals, Animal Feed
- By Distribution Channel: Direct Sales, Indirect Sales, Online, Offline
Demand for banana powder in international markets
With the growing market and international demand, the major regions that are leading are North America, Asia Pacific, Europe, the Middle East, South America, and Africa.
- North America: Amongst the top regions, North America is the leading market in terms of demand. It holds a major share in the food industry, where its applications are in baking, baby food, and beverages.
- Asia Pacific: It is a popular ingredient with major demand in India and the Philippines, and India is the largest exporter of banana powder.
- Europe: European consumers are increasingly seeking natural and organic ingredients in their cosmetics and that’s where banana powder takes the advantage.
- Other Regions: It is utilized in both food and non-food applications.
Top Banana Powder Exporters
The top exporting countries are:
| Rank | Country |
| 1 | India |
| 2 | China |
| 3 | Indonesia |
| 4 | Ecuador |
| 5 | Brazil |
Top Banana Powder importers are:
The top importing countries are:
| Rank | Country |
| 1 | USA |
| 2 | Ukraine |
| 3 | Vietnam |
| 4 | Germany |
| 5 | Japan |
Key Challenges For Exporters
While banana powder may be a versatile ingredient and has a huge demand, there are certain challenges that an exporter needs to take into consideration.
- Quality: Maintaining the quality of bananas especially when producing in large quantities becomes a challenge keeping in mind the weather conditions, pest infestation, and cultivation practices. All these factors contribute to the end by-product, i.e., the banana powder.
- Competition: Growing demand means plenty of competition and players in the market. There are numerous business who have maintained and risen above all the competition and maintained a sense of reliability amongst their potential buyers.
- Supply Chain & Distribution: Although banana powder is the most convenient product when it comes to storage, however, it is also necessary to maintain the freshness of the product.
How to find verified banana powder buyers?
With the onset of the digital age and artificial intelligence(AI), finding relevant and reliable banana powder buyers has become relatively easy. Unlike the earlier times, the exporters have to rely heavily on maintaining relations, building contacts in the industry, market research, and much more. With the current structure, exporters have various mediums to conduct transactions from the comfort of their homes. However, below mentioned are the ways to find reliable and verified banana powder buyers:
- Online Marketplaces and Directories: There are various ways to find buyers through directories and online B2B Marketplaces where you can connect with international banana powder buyers like go4WorldBusiness.com. If you are an established exporter planning to expand your business or if you are a new entrant in the export market, through the go4WorldBusiness portal you can buy or sell banana powder worldwide by creating an account as a buyer or seller and registering your business and products on the website.
- Targeting Industries and Applications: Identify the companies or industries basis the application of banana powder and by geographical focus. Find out the major countries importing the ingredient and explore how it is used in these countries like in food and beverage, cosmetics, pharmaceuticals, etc.
- Export Data and Market Research: There are various sites like Seair Exim and Volza.com which provide you with export data. Market Research platforms can also help you in understanding the market which will further help you in targeting the right buyer.
- Networking Events & Tradeshows: Networking events and Tradeshows are one of the most reliable methods to find relevant buyers. These help in building a personalized contact and connect with potential buyers immediately.
Conclusion
The Banana Powder Market is profitable and growing market, showcasing promising business opportunities for exporters. The market size estimation basis of the growing consumer demand for a healthy and sustainable lifestyle builds a positive path for exporters. To effectively find banana powder buyers contact number, suppliers should leverage trusted B2B platforms like Go4WorldBusiness to interact with verified banana powder buyers, increase leads, and establish lasting trade relationships.
Frequently Asked Questions (FAQs)
- USA
- Japan
- Germany
- UAE
- Ukraine
- Vietnam
2. What industries use banana powder?
Banana powder is utilized in the following industries the most:
- Food and Drinks: Smoothies, snacks, energy bars, and baby food
- Beauty Products: Cosmetics like moisturizers, foundations, concealers, etc.
- Health and Pharmaceuticals: Healthy Foods & Medicine
- Animal Feeding: Animal Feed for poultry & livestock
3. Is banana powder production a profitable business for suppliers?
The is a rising demand amongst the consumer base for a healthy and sustainable lifestyle. The majority of the buyers are looking to cater to the needs of the consumer, therefore they are developing products that are healthy and rich in nutrients. Banana Powder stands out as one such product that is convenient to produce, procure, and store, making the banana powder price affordable for the buyer to purchase in large quantities and sell to the end consumer. Suppliers and manufacturers can have healthy returns on their investments and growth in business, particularly in the organic premium segment.
4. Which are the leading banana powder exporting nations?
The leading exporting nations are:
- India
- Ecuador
- China
- Indonesia
- Brazil
5. Who are the main consumers of banana powder in the world?
The main consumers of banana powder according to recent statistics are the baby food and cosmetic industries, followed by pharmaceutical, food and beverage, and health and wellness industries.
6. What is the average price of banana powder per kg in 2025?
The average export price of banana powder can range from USD 5.27/kg or INR 500/kg. The prices may vary depending on the ongoing trade tariffs.
Reference
https://www.eximpedia.app/blog/banana-powder-export-from-india
https://www.seair.co.in/blog/the-rise-of-raw-banana-powder-exports.aspx
https://comtradeplus.un.org/TradeFlow?Frequency=M&Flows=all&CommodityCodes=080390&Partners=0&Reporters=all&period=Recent&AggregateBy=none&BreakdownMode=plus
https://www.trademap.org/Index.aspx
https://www.gminsights.com/industry-analysis/banana-powder-market
https://straitsresearch.com/report/banana-powder-market#:~:text=What%20are%20the%20primary%20applications,additional%20applications%20in%20other%20sectors.
