Global Banana Market Will Reach USD xxxx Million by 2026
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2019 to 2026
The global Banana market is estimated to be USD xxxx million in 2019 and is expected to reach USD xxxx million by 2026, with a CAGR of xxxx% during the forecast period.
The banana is an edible fruit – botanically a berry – produced by several kinds of large herbaceous flowering plants in the genus Musa.
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Key Players:
Key players in the Banana market include Chiquita, Del Monte, Dole, Fyffes, Noboa, C.I. Uniban S.A., Goodfarmer, Acon Group, Uniban, etc.
Market Driver and Restraint
Strong global demand for this product driven by global population growth is one of the major factors on the growth of the Banana market. Banana is one of the most popular fruits in the world due to the taste and nutritional value of bananas. The health benefits of bananas also contribute to the increased consumption of this fruit in fresh and processed conditions. Changing climatic conditions and disease control will limit the development of this market.
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Forecast by Geography
On the basis of region, the Banana market is segmented into North America, Asia-Pacific, Europe, Latin America, and the Middle East and Africa. Asia-Pacific is expected to dominate the market during the forecast period. North America and Europe are anticipated to grow at a significant rate over the forecast period. India is the world's largest banana producer. Other major banana producers are China, Indonesia, Brazil, and Ecuador.
Type Segment Analysis
Important types of the product covered in this report include Plantain, Red banana, Apple banana, Cavendish banana, and Others.
Application Segment Analysis
The Banana is deployed in various end users: Supermarkets, Convenience store, Online shopping mall, and Others.
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Target Audience:
• Banana manufacturers
• Raw material suppliers of Banana
• Distributors and resellers of Banana
• Banana industry associations
• Product managers, Banana industry administrator, C-level executives of the industries
• Market Research and consulting firms
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