(Food-Beverage-News.Com, September 15, 2018 ) The study presented here is based on a report by Envision Inteligence (EI) titled “BANANA Market (by Type, by End User&by Geography) –MarketIndustry Analysis, Segmentation, Size, Share, Growth, Trendsand Forecast 2019– 2025”. According to the report, the global bananamarket size was valued at $XX Billion in 2017 and is projected to grow with a rapid CAGR of XX%during 2019 to 2025 to reach $XX Billion by 2025.
Introduction:
Bananas are one of the most consumed fruit globally. Bananas are mostly cultivated in tropical regionals. Since they grow in humid conditions with 27-30 degree C & 78-98 inches rainfall. Bananas contain tryptophan, a type of protein that the body converts into serotonin, known to promote relaxation & improve mood. The best possibility to prevent bananas from Panama disease is GM (Genetically Modified) Seeds. Global banana market segmentation includes the analysis of the type, end user and geography.
INCREASING HEALTH CONSCIOUSNESSIS DRIVING THE GLOBAL BANANA MARKET GROWTH:
Increase in health Consciousness is the primary driving for the global banana market growth rate. The reasons forthis are increases in old age population, diseases & others. Bananasprevent us from, heart problems, diabetes digestive problems, cancer & others. Global banana market Production is likely to boost the banana market globally.One of theglobal banana market trends is total produce company enter a deal to acquire 45% of Dole Food Company. According to the recent global banana market industry analysis, significant growth prospects are likely to occur in the global banana market forecast period from 2019-2025.
APAC IS PROJECTED TO CONTINUE ITS DOMINANCE IN THE GLOBAL BANANAMARKET SHARE&NORTH AMERICA IS ESTIMATED TO WITNESS BRISK GROWTH RATE DURING 2019 - 2025:
Global banana market analysis by geography is covered for the regions including North America, South America, Europe, APAC and Middle East & Africa. APACaccounted for the significant share of the global Banana market production with India, and Chinaas leading revenue generators and Indonesia as the promising market next to India.
Global banana industry analysis by Envision Inteligence signifies the massive presence of significant players along with the rapid developmental procedures to expand the penetration of bananas to multiple end-user industries is significantly propelling the market growth. Economies like the Philippines, Australia and some other emerging nations also present significant opportunities for APAC and European vendors to expand their market presence. The market in North America is growing at a faster rate compared with that in the EMEA, due to the high demand for Bananas. The primary revenue generators in this region are the US, Costa Rica and Mexico. Moreover, rising investments in a hybrid & different taste of bananas in the North America region have further ledto the sales of Bananas for demand towards Organic Fruits. The global banana market worth is higher than any other fruit market except for some fruits.
By Type:
• Apple Bananas • Cavendish Bananas • Lady’s Finger Bananas • Pisang Raja • Red Bananas • Cooking bananas
By End User:
• Household • Commercial
The Envision Inteligence global banana market report provides an in-depth and full analysis of the critical developmental aspects for all the key companies operating in the market in each region.
Key Players:
• Fyffes (IRELAND) • Nurseries (US) • Bonita (INDIA) • Bananas of Madeira (Portugal) • Chiquita Brands International (US) • Oke Max Havelaar (Netherlands)
About us:
Envision Inteligence is the Main Supplier of Market Analysis Reviews, Customized Consulting Companies, Information Analytics and Trade Evaluation. Our purpose is to offer the correct data required by the stakeholder on the proper level of time, in a format which assists a clever and knowledgeable resolution making a course of!