Europe Banana Flakes Market Key Players and Forecast by 2027

The banana flakes market in Europe is expected to grow from US$ 207.73 million in 2019 to US$ 284.52 million by 2027; it is estimated to grow at a CAGR of 4.2% from 2020 to 2027.

Germany, France, UK, Italy, Russia, and Rest of Europe are the major economies in Europe. Health benefits related with the utilization of banana flakes. Banana flakes are prepared from naturally ripened bananas, which are carefully processed by dehydrating so as to maintain the taste and nutritional value in the flakes. Such flakes are known for their nutritional profile and are rich in minerals such as magnesium, calcium, potassium, iron, and zinc. Apart from this, banana flakes comprises of high levels of trace elements as well as vitamins including A, B, B6, B9, C, and E. Further, banana flakes are composed of 3% water along with low-fat content with higher content of fiber and potassium. Banana flakes are increasingly being used in food and beverages industry in preparation of breakfast cereals, desserts smoothies, infant nutrition, and other food items. The significant cultivating of bananas across several regions. Banana is grown in more than 120 countries. According to the Food and Agricultural Organization of the United Nations, the total annual production of banana in 2017 was 114 Million tones of fruits. Countries leading in the production of banana include Germany, France, UK, Italy, Russia, and Rest of Europe. Banana is considered as one of the essential food crops after wheat, rice, and maize. As the population is surpassing 7 billion, consumption requirements are also increasing tremendously. Moreover, escalating health awareness in various countries has led to the rising demand for banana and its products from multiple countries. Major banana producing countries widened the harvesting area to satisfy the growing food demands across the European region. The application of better irrigation systems also enhanced productivity. The application of better irrigation system also enhanced the productivity of bananas which is also bolstering the growth of the banana flakes industry. Thus, the growth in the production sector is expected to create a significant demand for banana flakes in the coming years, which is further anticipated to drive the banana flakes market in Europe.

The COVID-19 has been affecting the Europe economies and industries in various countries, including the Germany, France, UK, Italy, Russia, and Rest of Europe. The lockdown in Europe affects the supply chains of various plants and factories and adversely impacts the manufacturing and sales of different food and beverages in this region.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors the Europe Banana Flakes market is expected to grow at a good CAGR during the forecast period.

Europe Banana Flakes Market Revenue and Forecast to 2027 (US$ Mn)

Europe Banana Flakes Market Segmentation

Europe Banana Flakes Market – By Nature

• Organic
• Conventional

Europe Banana Flakes Market – By Application

• Household
• Food and Beverages Industry
• Others

Europe Banana Flakes Market – ByDistribution Channel

• Supermarkets/ Hypermarkets
• Specialty Stores
• Online
• Others

Europe Banana Flakes Market, by Country

• Germany
• France
• UK
• Italy
• Russia
• Rest of Europe

Europe Banana Flakes Market - Companies Mentioned

• Bata Food B.V.
• Diana Group 
• Naturkostbar KG
• JOHS. THOMS GmbH & Co. KG
• Rabeler Fruchtchips Gmbh
• Van Drunen Farms

Europe Banana Flakes Report Scope