Forget banana bread; a new banana-based product is taking the world by storm: raw banana powder. The global banana powder market is expanding significantly due to its diverse applications and rising customer interest in natural and nutritional food alternatives. This isn't your typical fruit leather; it's a concentrated explosion of banana flavour prepared by dehydrating and grinding fresh bananas. And, guess what? The export market for this versatile product is rapidly expanding!
While particular export amounts can be difficult to track, nations like India, Ecuador, and the Philippines appear to be leading the charge in terms of raw banana powder exports. In this blog, we will discuss banana powder export from India and updated insights like banana powder export data, banana powder exporters in India and banana powder HS code.
Raw banana powder is a versatile ingredient with many applications. It's widely used in the culinary industry for baking, baby food, and healthful snacks. The cosmetics industry enjoys it because of its skin-loving properties. Even the pharmaceutical sector is looking into the potential health benefits.
The banana powder industry is expanding as plant-based diets become more popular and there is a greater need for gluten-free options. In accordance with this, as customers seek healthier alternatives, banana powder emerges as a valued component, providing a natural, gluten-free solution for enhancing flavour and nutrition in a variety of F&B items, resulting in a promising market outlook.
The banana powder industry is no longer a niche player. It is a rising star, with enormous development potential in the next few years. To really comprehend its potential, let's look at the present market size, expected trajectory, and drivers driving this fascinating trend.
Let’s explore the graph first!
According to Global Trade Data, the banana powder market will be worth between USD 1.16 billion and USD 1.25 billion by 2021-2022. However, this is not the full tale. Here's the breakdown:
While particular export numbers can be difficult to trace, nations such as India appear to be leading the way in raw banana powder exports. However, if you need updated market insights, such as banana powder export data or banana powder export data from India, connect with Seair Exim Solutions anytime.
Let’s explore the top banana powder manufacturers!
Here is the list of the top Banana Powder manufacturers:
So, these are the top manufacturers of Banana powder. According to banana powder trade data, the banana powder market is predicted to reach USD 2.42 billion by 2030, with a CAGR of 7.6%, providing exciting potential for both existing manufacturers such as Cool Milling Ventures Corporation and Banatone Industries and some of the new entrants.
Did you know? India supplies the most Banana Powder. Look at the prominent Banana Powder suppliers in India:
| Banana Powder Exporters | Location | Product | Estimated Price (INR/Kg) |
| Dr. Food Nutri Industries | Thiruvananthapuram, Kerala | Nendran Banana Powder, Kannankaya Banana Powder | 250 - 350 |
| BEST INDIA FOOD PROCESSING PVT LTD | Valanchery, Malappuram, Kerala | Kannankaya Powder, Rice Banana Powder, and Wheat Banana Powder | 300 - 500 |
| VENKATESH NATURAL EXTRACT PVT. LTD | Indore, Madhya Pradesh | Organic Spray Dried Banana Powder | 300+ |
| Vee Naturals | Indore, Madhya Pradesh | 100% Pure Green Banana Powder | 270+ |
| HAMPS BIO LIMITED | Ankleshwar, Gujarat | Freeze banana powder | 850+ |
Now, delve into the Banana Powder Export data!
| Raw Banana Powder Export Data | Details |
| Total Shipments | 68.6K |
| Rank (Global) | 1st |
| Number of Indian Exporters | 1,627 |
| Number of International Buyers | 2,490 |
| Banana Powder HS code | 11063090, 9807209090, and 11063010 |
According to banana powder export data, India ranks first globally, with the following as its closest competitors in terms of total shipments: Here are the 10 major banana powder exporting countries.
So, these are the top 10 banana exporting countries. Also, if you need the updated banana powder export data from India, banana export data, or banana HS codes, visit Seair Exim Solutions.
Now, explore the top banana powder exporters in India!
Here is an updated list of banana powder exporters in India:
The list above represents banana powder exporters in India or biggest banana powder exporters. This section covers insights about India's developing raw banana export sector. Need access to all raw banana powder exporters? Contact Seair Exim Solutions for a current list of banana powder export from India,banana powder export data, and banana powder exporters in India.
A rise in raw banana powder exports creates remarkable potential. But let us not forget about sustainability. Fair trade standards and responsible farming methods are critical to ensuring that the growth benefits everyone involved. As the raw banana powder market evolves, we may expect to see interesting improvements in processing, uses, and possibly a shift in the top export destinations. This is a trend to keep an eye on, and it promises to bring a healthy dose of enthusiasm into the worldwide market.
Looking for banana powder exports from India?
Seair Exim Solutions can assist you with banana powder export data, banana powder export data from India, banana powder HS code, and much more. We have a database of over 100 countries, including Vietnam, the United States, Turkey, and Bangladesh. We also provide current market information, trends, and insights while helping you expand your firm in the global trade arena. Schedule a free live demo today!
Frequently Asked Questions
Q1. Which country exports banana powder?
Brazil is currently the world's leading exporter of banana powder. Seair Exim Solutions keeps you informed about the top exporters and the changing dynamics of trade in the banana powder business.
Q2. What is the market for banana powder?
Based on Global Trade Data, the banana powder market will be worth between USD 1.16 billion and USD 1.25 billion in 2021-2022. Experts predict that the industry will be worth USD 2.42 billion by 2030, with a strong compound annual growth rate (CAGR) of 7.6%.
Q3. Is the banana powder business profitable?
Overall, this is a guaranteed market gain. Banana is an essential fruit with high mineral content. It's high in vitamin C, magnesium, antioxidants, and carbs.
Q4. What is banana powder used for in India?
Banana powder is a versatile component in the culinary world. It can be used in baking and confectionery, as well as to flavour various foods and desserts. Its natural banana flavour enhances the flavour of numerous food items.
Q5. Where does banana powder come from?
Banana powder is made by mechanically chopping banana pulp and then processing it with hydraulic shear in a colloid mill to turn it into a paste. To brighten the paste's yellow colour, sodium metabisulfite is added.
Q6. What is the export data of banana powder?
According to banana powder export data, global banana powder shipments totalled 68.6K, with 1,627 exporters delivering to 2,490 purchasers.
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