Global Organic Banana Market Overview
According to SPER Market Research, the Global Organic Banana Market is estimated to reach USD 4.08 billion by 2032 with a CAGR of 9.32%.
The global market for organic bananas is one area of the organic food business that is expanding. Bananas cultivated organically are produced without the use of pesticides, synthetic fertilisers, or genetic engineering. These bananas are often farmed utilising environmentally friendly agricultural methods that put soil health and environmental preservation first.
The market for organic bananas has been steadily expanding over the past several years as a result of growing consumer awareness of the environmental and health benefits of eating organic food. The rising popularity of plant-based diets and the growing trend towards healthy eating have both increased demand for organic bananas. Organic bananas are distributed through a variety of channels, including supermarkets, specialty shops, and internet sellers. In the upcoming years, demand for organic bananas is anticipated to increase as a result of rising consumer awareness and the trend towards wholesome and environmentally friendly foods. The availability of organic bananas in some areas and greater production costs, however, may limit market expansion.
Impact of COVID-19 on the Global Organic Banana Market
The COVID-19 epidemic caused a conflicting effect on the world market for organic bananas. While the general demand for organic food has grown throughout the epidemic, supply chain interruptions and changes in consumer behavior had a significant impact on the market. The supply chain disruption caused by the epidemic is currently having a significant impact on the market for organic bananas. Lockdowns and travel restrictions have hindered the capacity of farmers and producers to reach markets and transport their products in many different nations. As a result, there have been some supply chain slowdowns and delays in getting organic bananas to customers.
Behavior of consumer changes are yet another effect of the epidemic on the market for organic bananas. Overall demand for organic food has grown as more individuals choose to stay in and prepare their own meals. The epidemic, however, also made some buyers more price-sensitive, which has hurt sales of more expensive organic bananas. Furthermore, the epidemic has brought attention to the need of food safety and cleanliness, which has changed how organic bananas are packaged and handled. Several businesses have raised production costs and impacted profit margins by putting more stringent controls in place to protect the safety of their employees and clients.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Sales Channel
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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| Companies Covered | Alkaloid AD Skopje, Avena Botanicals, Bottlegreen Drinks, Fevertree, Folkington's, Frã Sa Beverages, Indigo Herbs Ltd., Lucas Bols Amsterdam, Monin, Pukka Herbs, Ricola, Teisseire, The Republic of Tea, Twinlab
|
Key Target Audience:
- Consumers
- Retailers and Distributors
- Producer of organic bananas
- Regulatory agencies and industry associations
Global Organic Banana Market Segmentation:
1. By Type:
2. By Sales Channel:
- Business to Business
- Hypermarket/Supermarket
- Independent Retail Stores
- Online Channels
- Specialty Stores
3. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Organic Banana Market (FY’2019-FY’2032)
- Overview of Global Organic Banana Market
- Segmentation of Global Organic Banana Market By Type (Raw, Rip)
- Segmentation of Global Organic Banana Market By Sales Channel (Business to Business, Hypermarket/Supermarket, Independent Retail Stores, Online Channels, Specialty Stores, Others)
- Statistical Snap of Global Organic Banana Market
- Growth Analysis of Global Organic Banana Market
- Problems and Challenges in Global Organic Banana Market
- Competitive Landscape in the Global Organic Banana Market
- Impact of COVID-19 and Demonetization on Global Organic Banana Market
- Details on Recent Investment in Global Organic Banana Market
- Competitive Analysis of Global Organic Banana Market
- Major Players in the Global Organic Banana Market
- SWOT Analysis of Global Organic Banana Market
- Global Organic Banana Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Organic Banana Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Organic Banana Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Organic Banana Market
7. Global Organic Banana Market, By Type, 2019-2032 (USD Million)
7.1 Raw
7.2 Rip
8. Global Organic Banana Market, By Sales Channel, 2019-2032 (USD Million)
8.1 Business to Business
8.2 Hypermarket/Supermarket
8.3 Independent Retail Stores
8.4 Online Channels
8.5 Specialty Stores
8.6 Others
9. Global Organic Banana Market, By Region, 2019-2032 (USD Million)
9.1 Global Organic Banana Market Size and Market Share by Region (2019-2025)
9.2 Global Organic Banana Market Size and Market Share by Region (2026-2032)
9.3 Asia-Pacific
9.3.1 Australia
9.3.2 China
9.3.3 India
9.3.4 Japan
9.3.5 South Korea
9.3.6 Rest of Asia-Pacific
9.4 Europe
9.4.1 France
9.4.2 Germany
9.4.3 Italy
9.4.4 Spain
9.4.5 United Kingdom
9.4.6 Rest of Europe
9.5 Middle East and Africa
9.5.1 Kingdom of Saudi Arabia
9.5.2 United Arab Emirates
9.5.3 Rest of Middle East & Africa
9.6 North America
9.6.1 Canada
9.6.2 Mexico
9.6.3 United States
9.7 Latin America
9.7.1 Argentina
9.7.2 Brazil
9.7.3 Rest of Latin America
10. Company Profiles
10.1 Agrofruit Holding Corp.
10.1.1 Company details
10.1.2 Financial outlook
10.1.3 Product summary
10.1.4 Recent developments
10.2 Chiquita Brands International Sarl
10.2.1 Company details
10.2.2 Financial outlook
10.2.3 Product summary
10.2.4 Recent developments
10.3 Coliman Grupo SA de CV
10.3.1 Company details
10.3.2 Financial outlook
10.3.3 Product summary
10.3.4 Recent developments
10.4 Compagnie Fruitiere
10.4.1 Company details
10.4.2 Financial outlook
10.4.3 Product summary
10.4.4 Recent developments
10.5 Dole Food Co. Inc.
10.5.1 Company details
10.5.2 Financial outlook
10.5.3 Product summary
10.5.4 Recent developments
10.6 Fresh Del Monte Produce Inc.
10.6.1 Company details
10.6.2 Financial outlook
10.6.3 Product summary
10.6.4 Recent developments
10.7 Grupo Iren Fruits SL
10.7.1 Company details
10.7.2 Financial outlook
10.7.3 Product summary
10.7.4 Recent developments
10.8 Melissas World Variety Produce Inc.
10.8.1 Company details
10.8.2 Financial outlook
10.8.3 Product summary
10.8.4 Recent developments
10.9 Sumitomo Corp.
10.9.1 Company details
10.9.2 Financial outlook
10.9.3 Product summary
10.9.4 Recent developments
10.10 The Grupo Daabon
10.10.1 Company details
10.10.2 Financial outlook
10.10.3 Product summary
10.10.4 Recent developments
11. List of Abbreviations
12. Reference Links
13. Conclusion
14. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
