Overview
Banana Puree is a high protein, fiber vegetable smoothie which is a great source of nutrition and has great benefits as a natural detoxifier. The banana's natural combination of potassium, vitamins B-complex, and essential amino acids are very useful when it comes to the formation of the body's immune system. The combination of potassium and vitamins helps to form proteins, which build up the body's defenses against bacteria and viruses. The global banana puree market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global banana puree market is expected to witness significant growth during the forecast period, owing to the growing demand for baby nutrition food worldwide.
Market Drivers
Increasing demand for functional beverages is expected to drive the growth of the global banana puree market during the forecast period. The demand for banana puree-based beverages has increased significantly over the years due to rising awareness regarding the nutritional benefits of bananas. Key players in the food and beverage industry are introducing innovative products, in order to gain a competitive edge in the market. For instance, in October 2020, Planet Smoothie, a U.S.-based smoothie maker, introduced a new beverage the Antioxidant Avenger made of bananas, leafy greens, mango, passion fruit, pineapple, and Defend+Blast. Thus, these factors are expected to drive growth of the global banana puree market during the forecast period. Furthermore, increasing demand for baby nutrition food is expected to boost the global banana puree market growth over the forecast period.
Market Restraint
Shorter lifespan of bananas as compared to other fruits such as apples is expected to hinder the global banana puree market growth over the forecast period.
Regional Insights
Among regions, Europe is expected to witness significant growth in the global banana puree market during the forecast period. This is owing to the presence of the developed food and beverage sector in the region. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to increased penetration of ready-to-go food products in the region.
Competitive Section
Major companies involved in the global banana puree market are Symrise AG, Tree Top Inc., Dohler GmbH, Grunewald Fruchtsaft GmbH, Kiril Mischeff, Newberry International Produce Limited, Riviana Foods Pty Ltd, Ariza B.V., The Hain Celestial Group, Inc., and Nestle S.A.
For instance, in March 2020, Ella’s Kitchen introduced first ever dairy-free baby food range including Rice Pudding with Bananas and Strawberry.
In the world economic growth, the Banana Puree industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Banana Puree market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Banana Puree market size will be further expanded, we expect that by 2024, The market size of the Banana Puree will reach XXX million $.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Symrise AG
Dohler GmbH
Kiril Mischeff
Riviana Foods Pty Ltd
Nestle S.A.
The Hain Celestial Group, Inc
The Kraft Heinz Co.
Ariza B.V.
Newberry International Produce Limited
Grunewald Fruchtsaft GmbH
Tree Top Inc.
Hiltfields Ltd.
Shimla Hills Offerings Pvt. Ltd.
Antigua Processors S.A.
SunOpta Grains and Foods Inc.
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Organic
Conventional
Industry Segmentation
Beverages
Infant Food
Bakery & Snacks
Ice Cream & Yoghurt
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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