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Sunday, June 26, 2022

Global Plantain Flour Market to be Driven by Increasing Population and the Rising Consumer Disposable Incomes in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘Global Plantain Flour Market Report and Forecast 2022-2027’, gives an in-depth analysis of the Global Plantain Flour Market, assessing the market based on its segments like source, process, application, distribution channel, and region. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

  • Forecast CAGR (2022-2027): 4.6%

Market Overview (2017-2027)

Plantain flour is widely utilised in the food and beverage industry, the food and beverage category is likely to hold a considerable market share over the projection period. It produces comparable or even superior outcomes to wheat flour. Wheat flour includes gluten and cannot be used alone; it must be combined with other grain-based flours. Plantain flour, on the other hand, can be used directly. Furthermore, plantain flour promotes heart health, lowers cholesterol, and improves nerve and muscle activity. All these reasons are projected to boost demand for plantain flour in the food and beverage industry.

Industry Definition and Major Segments

Plantains, a member of the banana family, are a staple cuisine in tropical locations around the world. Plantain flour is made from dried and pulverised plantain pieces. Plantains are dried naturally with a small amount of flour added to prevent stickiness. Plantain flour, made from green bananas, has fewer calories than conventional all-purpose flour, is high in resistant starch, and is high in dietary fibre, iron, carotene, and ascorbic acid (vitamin C), among other vitamins.

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On the basis of source, the market is segmented into:

  • Organic
  • Conventional

On the basis of process, the market is divided into:

  • Sun Dried
  • Oven Dried
  • Others

On the basis of application, the market is categorized as:

  • Food and Beverage
  • Feed
  • Others

On the basis of type, the market is categorized as:

  • Infant food
  • Confectionery
  • Bakery and snacks
  • Others

On the basis of distribution channel, the market is categorized as:

  • Food and Beverage
  • Feed
  • Others

On the basis of region, the market is segmented into:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others

Market Trends

Because of increased knowledge of the health benefits of plantain flour, the plantain flour industry has grown significantly in recent years. Allergen-free, plant-based flour is ideal for people following a balanced diet or suffering from health conditions such as food allergies and sensitivities. Plantain flour, unlike wheat flour, does not contain gluten. Gluten is a protein found in wheat and barley that many people are unable to digest correctly. Plantain flour is a tasty flour for balanced diet, in addition to being easily digested. It improves heart health, lowers cholesterol, and improves nerve and muscle activity, making it appropriate for persons with diabetes and other disorders such as obesity, gallstones, coronary heart disease, and colon cancer. Plantain flour is becoming more popular among customers because of these causes.

Key Market Players

The major players in the market are Natural Evolution, Terova Inc. (NuBana), Ceres Enterprises Ltd., KADAC Pty Ltd., Woodland Foods, and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company’s expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.


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