Banana Flour Market Size, Share, Growth Analysis, By Natural(Organic and Conventional), By Form(Ripen and Unripe), By Region - Industry Forecast 2024-2031

Banana Flour Market size was valued at USD 859.02 million in 2022 and is poised to grow from USD 918.29 million in 2023 to USD 1566.03 million by 2031, at a CAGR of 6.9% during the forecast period (2024-2031).

Banana plants and fruits are prized for their nutritional value and are good sources of fibre, resistant starch, vitamin A, vitamin B6, vitamin C, and potassium. As a result, there is an increasing demand for banana flour in all corners of the world. The nutritional value of banana flour made from unpeeled bananas is increased thanks to its higher mineral and dietary fibre content as well as its total phenolic content and antioxidant activity. Because of its nutritional profile, banana flour is accepted as a useful ingredient. Prebiotic fibre, which is present in bananas, is good for the health of the intestines and for shedding abdominal fat. Digestion benefits from prebiotic fiber are also present. Banana flour may help with weight loss, blood sugar regulation, metabolic syndrome symptoms improvement, colon health promotion, blood pressure reduction, and cholesterol reduction. Food producers are reacting to consumer demand for healthy, natural meals free of toxic additives including artificial dyes, aspartame, bromine vegetable oil, and caramel colour. The U.S. market demand is anticipated to be driven by rising consumer desire for clean label products.