Banana Flour Market Growth & Trends
The global banana flour market size is anticipated to reach USD 1,269.6 million by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.8% from 2021 to 2028. The market is predominantly driven by the growing awareness regarding the effect of gluten-free food intake associated with health. Banana flour has emerged as a viable alternative to wheat flour. Banana flour is manufactured by milling dried green bananas, resulting in flour with high resistant starch content.
Green banana flour is a gluten-free flour that bakes well. In most baking recipes, banana flour is used instead of ordinary flour. Banana flour is versatile enough to substitute for all-purpose wheat flour in practically any recipe. Banana flour has a low glycemic index, which means it doesn't cause blood sugar levels to surge. For Instance, Natural Evolution makes green banana baking flour from green Cavendish bananas grown on the Atherton Tablelands in tropical Far North Queensland, Australia. It's a nutrient-dense, light, natural, gluten-free flour.
Banana flour is commonly used as a gluten-free replacement to typical grain flour since it is high in nutrients including protein, potassium, and other essential elements. The manufacturers operating in the market such as Pereg Gourmet Spices, Dr. Food Banatone, Seawind Foods, Woodland Foods, Divine Foods, APKA Industries, Miski Organics, Saipro Biotech Private Limited, LiveKuna, Diana Foods, Synergy Food Industries, among others have witnessed an increase in demand due to the COVID-19 pandemic.
Banana Flour Market Report Highlights
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