Organic Banana Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR70369
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The organic banana market has the potential to grow by USD 252.00 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8.91%.

This organic banana market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by distribution channel (ofline and online) and geography (North America, Europe, APAC, South America, and MEA). The report also offers information on several market vendors, including Agrofruit Holding Corp., Chiquita Brands International Sarl, Coliman Grupo SA de CV, and Compagnie Fruitiere, among others.

What will the Organic Banana Market Size be in 2021?

Organic-Banana-Market-Market-Size-2020-2025

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Organic Banana Market: Key Drivers and Trends

The health benefits of organic banana is notably driving the organic banana market growth, although factors such as impact of natural calamities on organic banana production may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the organic banana industry get your FREE report sample now.

  • The various health benefits of organic banana have boosted the demand for organic banana.
  • Organic bananas are a rich source of fiber, iron, vitamin B6, vitamin C, magnesium, and potassium.
  • Organic bananas contain no fat or cholesterol and are easy to digest.
  • Regular consumption of organic bananas helps in preventing insomnia, regulating blood pressure, improving blood sugar control, enhancing digestion, and stimulating hemoglobin production.
  • Organic bananas also prevent oxidation of low-density lipoprotein, thereby minimizing the risk of high blood pressure, heart attack, and stroke.
  • The health benefits are expected to boost the demand for organic banana and fuel the growth of the market. 
  • The rising health and food safety concerns associated with animal-based food products has increased the demand for plant-based food products.
  • The demand for plant-based food products is high among health-conscious consumers as such food products and ingredients do not lead to health issues.
  • A plant-based diet is rich in folate, magnesium, potassium, vitamin A, vitamin C, and vitamin E, which help in minimizing the risks of cardiovascular diseases and other metabolic disorders.
  • The popularity of vegetarian and vegan diet is rising in countries such as the US and the UK.
  • Government agencies are also trying to promote plant-based diets.
  • The increasing popularity of plant-based food products has been identified as one of the critical organic banana market trends.

This organic banana market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Organic Banana Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Agrofruit Holding Corp.
  • Chiquita Brands International Sarl
  • Coliman Grupo SA de CV
  • Compagnie Fruitiere
  • Dole Food Co. Inc.
  • Fresh Del Monte Produce Inc.
  • Grupo Iren Fruits SL
  • Melissas World Variety Produce Inc.
  • Sumitomo Corp.
  • The Grupo Daabon

 

The organic banana market is fragmented and the vendors are deploying growth strategies such as technological advances to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the organic banana market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Organic Banana Market?

Organic-Banana-Market-Market-Share-by-Region-2020-2025

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60% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for organic banana in North America. Market growth in this region will be slower than the growth of the market in APAC.

The rising demand for organic food products and increasing import of organic bananas will facilitate the organic banana market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Distribution Channel Segments in the Organic Banana Market?

Organic-Banana-Market-Market-Share-by-Distribution Channel-2020-2025

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The increasing number of offline retail stores and the launch of private label brands by major retailers are responsible for the organic banana market growth in offline segment. Therefore, the growth of the market segment is expected to be significant during the forecast period.

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the organic banana market size.

 

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What are the Key Factors Covered in this Organic Banana Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive organic banana market growth during the next five years
  • Precise estimation of the organic banana market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the organic banana industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of organic banana market vendors

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Organic Banana Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 9%

Market growth 2021-2025

$ 252.00 million

Market structure

Fragmented

YoY growth (%)

7.8

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 60%

Key consumer countries

US, UK, Germany, Canada, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Agrofruit Holding Corp., Chiquita Brands International Sarl, Coliman Grupo SA de CV, Compagnie Fruitiere, Dole Food Co. Inc., Fresh Del Monte Produce Inc., Grupo Iren Fruits SL, Melissas World Variety Produce Inc., Sumitomo Corp., and The Grupo Daabon

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Market characteristics
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • APAC - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Competitive scenario
    • Vendor landscape
    • Landscape disruption
    • Industry risks

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Agrofruit Holding Corp.
    • Chiquita Brands International Sarl
    • Coliman Grupo SA de CV
    • Compagnie Fruitiere
    • Dole Food Co. Inc.
    • Fresh Del Monte Produce Inc.
    • Grupo Iren Fruits SL
    • Melissas World Variety Produce Inc.
    • Sumitomo Corp.
    • The Grupo Daabon

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
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    The organic banana market growth will increase by $252.00 million during 2020-2025.
    The organic banana market is expected to grow at a CAGR of 8.91%% during 2020-2025.
    Technavio has segmented the organic banana market by distribution channel (Offline and Online) and geographic (North America, Europe, APAC, South America, and MEA).
    Agrofruit Holding Corp., Chiquita Brands International Sarl, Coliman Grupo SA de CV, Compagnie Fruitiere, Dole Food Co. Inc., Fresh Del Monte Produce Inc., Grupo Iren Fruits SL, Melissas World Variety Produce Inc., Sumitomo Corp., The Grupo Daabon are a few of the key vendors in the organic banana market.
    North America will register the highest growth rate of 60.28% among the other regions. Therefore, the organic banana market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the organic banana market growth are:
    • Health benefits of organic banana
    The organic banana market vendors should focus on grabbing business opportunities from the offline segment as it accounted for the largest market share in the base year.
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