The net value of total banana flour in the Western Europe commercial sector for the year 2023 is expected to be US$ 11.47 million. Looking ahead, demand for banana flour in Western Europe is expected to increase at a 4.0% CAGR through 2033. By the completion of this projection period, the net worth of the total banana available in Western Europe is anticipated to reach US$ 17.48 million.
Key Trends Influencing the Revenue Surge in Western Europe’s Banana Flour Industry
| Attributes | Details |
|---|---|
| Industry size of Western Europe in 2023 | US$ 11.47 million |
| Expected Industry Size of Western Europe by 2033 | US$ 17.48 million |
| Forecasted CAGR between 2023 to 2033 | 4.0% |
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Variety of Culinary Uses: The adaptability of banana flour in the baking industry enables its usage in many popular bakery products, such as smoothies, muffins, pancakes, bread, and more. The amount of banana flour used in Europe is predicted to increase from 120 MMT in 2023 to over 210 MMT by the end of 2033.
Growing Consumer Demand for Gluten-free Goods: The requirement for gluten-free substitutes in the region is rising as more people are being diagnosed with celiac disease or gluten sensitivity. Additionally, because of its high vitamin content and being an excellent source of dietary fiber and resistant starch, it is recommended more for such patients.
Health Advantages of Resistant Starch: Due to the presence of resistant starch, which is a form of carbohydrate, banana flour contributes to better gut health and blood sugar regulation. The commercial value of banana flour in Western Europe has been bolstered as a reliable source of resistant starch for many functional food industries.
The demand outlook for banana flour in Western Europe signifies that the conventional segment is set to have 96.9% of the industry share in 2023.
| Leading Source for Banana Flour in Western Europe | Conventional |
|---|---|
| Total Value Share (2023) | 96.9% |
Banana flour sourced from bananas obtained from conventional farming methods accounts for a larger share of demand, particularly in the commercial food sector in Western Europe. However, the growing demand for bananas in retail sectors showcases the immense potential for banana flour sourced from organic farms established in Western European countries.
According to the end use survey of banana flour in Western Europe for 2023, 71.4% of banana flour produced in the region is likely to end up in food industries.
| Leading Application Type for Banana Flour in Western Europe | Food Industry |
|---|---|
| Total Value Share (2023) | 71.4% |
Currently, the use of banana flour in Western Europe is predominantly limited to the preparation of commercial food items such as bakery products and ready-to-eat food items. However, positive user experiences and endorsements from people who have incorporated banana flour into their diets are expected to drive increased demand in the household segment.
Principal Consultant
| Key Countries in Western Europe | Value CAGR (2023 to 2033) |
|---|---|
| Germany | 6.1% |
| United Kingdom | 6.4% |
| France | 4.9% |
Germany currently leads in Western Europe for the consumption of banana flour and is projected to experience a 6.1% CAGR over the next ten years.
A greater variety of food items based on banana flour are becoming popular due to the substantial food and beverage sector in Germany. Packaged food producers and entrepreneurs are constantly seeking new methods to incorporate banana flour into their products, which could lead to a surge in demand in the future.
The regional assessment for banana flour in the United Kingdom signifies an industry expansion of 6.4% CAGR through 2033.
Demand for banana flour has risen as a result of effective marketing techniques that emphasize the product's sustainability, adaptability, and health advantages. The growing requirement for resistance carbohydrates has encouraged the commercial food sector to include banana flour into their meals. This includes purchases from grocery shops, health food stores, and online merchants.
The overall consumption of banana flour in France is expected to experience a 4.9% CAGR through 2033.
There is a growing trend among customers in France to seek out innovative diet regimens, which has popularized the use of banana flour in the country. Also, the expanding food tourism sector is poised to surge the use of banana flour in restaurants, hotels and street food outlets.
The competitive landscape of the Western Europe banana flour sector is getting diversified with the proliferation of online as well as offline retail channels. As banana flour becomes more widely used, banana processing industries in Western Europe might find it simpler to expand their reach in Eastern European countries.
A strong focus on sustainable development has also forced governments to encourage small-scale banana flour firms for green bananas that may otherwise go to waste. So, so growing establishment of banana flour processing industries can intensify the competition besides supporting sustainable agriculture goals and decreasing food waste in the region.
Recent Developments in Banana Flour Observed in Western Europe
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| Attribute | Details |
|---|---|
| Estimated Industry Size in 2023 | US$ 11.47 million |
| Projected Industry Size by 2033 | US$ 17.48 million |
| Anticipated CAGR between 2023 to 2033 | 4.0% CAGR |
| Historical Analysis of Demand for Banana Flour in Western Europe | 2018 to 2022 |
| Demand Forecast for Banana Flour in Western Europe | 2023 to 2033 |
| Report Coverage | Industry Size, Industry Trends, Analysis of key factors influencing the adoption of Banana Flour in Western Europe, Insights on Global Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western EuropeManufacturers |
| Key Countries Analyzed while Studying Opportunities in Banana Flour in Western Europe | Germany, Italy, France, Spain, United Kingdom, BENELUX, Rest of Western Europe |
| Key Companies Profiled | Biotona (Belgium); Bulk Powders (United Kingdom); El Granero Integral (Spain); Food to Live (Latvia); Herbaria (Germany); Holland & Barrett (United Kingdom); Naturalia (France); Natruly (Spain); Nutrimuscle (France); Naissance (United Kingdom); Prozis (Portugal); Supernature (France); Your Super (Germany) |
The expected CAGR for the industry in Western Europe through 2033 is 4.0%.
The demand in Western Europe is anticipated to reach US$ 17.48 million by 2033.
The rising popularity of resistant carbohydrate has impacted the regional sales.
Banana flour manufacturers are emphasizing on their organic source of plantains.
Food Industry currently account for 71.4% of overall industry across Western Europe.
1. Executive Summary
1.1. Western Europe Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Western Europe Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tons) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Western Europe Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Source
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Source, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Source, 2023 to 2033
5.3.1. Organic
5.3.2. Conventional
5.4. Y-o-Y Growth Trend Analysis By Source, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Source, 2023 to 2033
6. Western Europe Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Application, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Application, 2023 to 2033
6.3.1. Beverages
6.3.2. Pet Food and Feed Industry
6.3.3. Household
6.3.4. Food Industry
6.3.4.1. Bakery & Snacks
6.3.4.2. Infant Food
6.3.4.3. Fillings & Dressings
6.3.4.4. Soups and Sauces
6.3.4.5. Others
6.4. Y-o-Y Growth Trend Analysis By Application, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Application, 2023 to 2033
7. Western Europe Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Distribution Channel, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Distribution Channel, 2023 to 2033
7.3.1. Direct
7.3.2. Indirect
7.3.2.1. Modern Trade
7.3.2.2. Convenience Store
7.3.2.3. Speciality Store
7.3.2.4. E-Retailers
7.3.2.5. Other retail format
7.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033
8. Western Europe Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Tons) Analysis By Country, 2018 to 2022
8.3. Current Market Size Value (US$ Million) & Volume (Tons) Analysis and Forecast By Country, 2023 to 2033
8.3.1. UK
8.3.2. Germany
8.3.3. Italy
8.3.4. France
8.3.5. Spain
8.3.6. Rest of Western Europe
8.4. Market Attractiveness Analysis By Country
9. UK Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
9.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Region
9.2.1.1. England
9.2.1.2. Scotland
9.2.1.3. Wales
9.2.1.4. Northern Ireland
9.2.2. By Source
9.2.3. By Application
9.2.4. By Distribution Channel
9.3. Market Attractiveness Analysis
9.3.1. By Region
9.3.2. By Source
9.3.3. By Application
9.3.4. By Distribution Channel
9.4. Key Takeaways
10. Germany Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
10.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Region
10.2.1.1. North-east (Germany)
10.2.1.2. North-west (Germany)
10.2.1.3. Central (Germany)
10.2.1.4. South (Germany)
10.2.1.5. Other(Germany)
10.2.2. By Source
10.2.3. By Application
10.2.4. By Distribution Channel
10.3. Market Attractiveness Analysis
10.3.1. By Region
10.3.2. By Source
10.3.3. By Application
10.3.4. By Distribution Channel
10.4. Key Takeaways
11. Italy Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
11.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Region
11.2.1.1. North (Italy)
11.2.1.2. Central (Italy)
11.2.1.3. South (Italy)
11.2.1.4. Islands (Italy)
11.2.2. By Source
11.2.3. By Application
11.2.4. By Distribution Channel
11.3. Market Attractiveness Analysis
11.3.1. By Region
11.3.2. By Source
11.3.3. By Application
11.3.4. By Distribution Channel
11.4. Key Takeaways
12. France Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
12.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Region
12.2.1.1. Northern (France)
12.2.1.2. Central (France)
12.2.1.3. Southern (France)
12.2.1.4. Eastern (France)
12.2.2. By Source
12.2.3. By Application
12.2.4. By Distribution Channel
12.3. Market Attractiveness Analysis
12.3.1. By Region
12.3.2. By Source
12.3.3. By Application
12.3.4. By Distribution Channel
12.4. Key Takeaways
13. Spain Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
13.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Region
13.2.1.1. Basque Country
13.2.1.2. Andalusia
13.2.1.3. Extremadura
13.2.1.4. Catalonia
13.2.1.5. Valencia
13.2.1.6. Rest of Spain
13.2.2. By Source
13.2.3. By Application
13.2.4. By Distribution Channel
13.3. Market Attractiveness Analysis
13.3.1. By Region
13.3.2. By Source
13.3.3. By Application
13.3.4. By Distribution Channel
13.4. Key Takeaways
14. Rest of Western Europe Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
14.1. Historical Market Size Value (US$ Million) & Volume (Tons) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Tons) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Source
14.2.2. By Application
14.2.3. By Distribution Channel
14.3. Market Attractiveness Analysis
14.3.1. By Source
14.3.2. By Application
14.3.3. By Distribution Channel
14.4. Key Takeaways
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Source
15.3.3. By Application
15.3.4. By Distribution Channel
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Diana Foods
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Natural Evolution
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. ADM Wild Europe GmbH & Co.
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. KADAC Pty Ltd
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. NuNatural Inc.
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Zuvii
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. NOW Health Group Inc.
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. International Agriculture Group
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Ceres Enterprises Ltd
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Saipro Biotech Pvt. Ltd.
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Woodland Foods
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
16.1.12. Z Natural Foods
16.1.12.1. Overview
16.1.12.2. Product Portfolio
16.1.12.3. Profitability by Market Segments
16.1.12.4. Sales Footprint
16.1.12.5. Strategy Overview
16.1.12.5.1. Marketing Strategy
16.1.12.5.2. Product Strategy
16.1.12.5.3. Channel Strategy
16.1.13. Synergy Food Industries
16.1.13.1. Overview
16.1.13.2. Product Portfolio
16.1.13.3. Profitability by Market Segments
16.1.13.4. Sales Footprint
16.1.13.5. Strategy Overview
16.1.13.5.1. Marketing Strategy
16.1.13.5.2. Product Strategy
16.1.13.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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Demand and Trend Analysis of Banana Flour in Western Europe
