The Banana Market size is estimated at USD 140.84 billion in 2024, and is expected to reach USD 146.56 billion by 2029, growing at a CAGR of 0.8% during the forecast period (2024-2029).
The banana market is consolidated, with a few major players dominating the market. The key players in the market are Fresh Del Monte, Chiquita Brands International Sàrl, Fyffes, Dole Food Company, and Reybanpac. Partnership and production expansion are the prime strategies being followed by these companies to increase their market share and consolidate their position in the banana market.
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