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US Banana Flour Market

ID: MRFR/FnB/19650-HCR
200 Pages
Snehal Singh
October 2025

US Banana Flour Market Size, Share, Industry Trend & Analysis Research Report: By Source (organic, conventional), By Packaging (pouches, boxes, others) andBy Distribution Channel (store, non-store)- Forecast to 2035

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US Banana Flour Market Summary

As per Market Research Future analysis, the US banana flour market size was estimated at 108.5 $ Million in 2024. The US banana flour market is projected to grow from 113.27 $ Million in 2025 to 174.27 $ Million by 2035, exhibiting a compound annual growth rate (CAGR) of 4% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US banana flour market is experiencing robust growth driven by health trends and dietary shifts.

  • The market is increasingly influenced by a health and wellness focus, with consumers seeking nutritious alternatives.
  • The largest segment in the US banana flour market is the gluten-free category, while the fastest-growing segment is plant-based products.
  • Sustainability and eco-consciousness are becoming pivotal factors in consumer purchasing decisions.
  • Rising demand for gluten-free alternatives and increased interest in nutritional products are key drivers propelling market expansion.

Market Size & Forecast

2024 Market Size 108.5 (USD Million)
2035 Market Size 174.27 (USD Million)
CAGR (2025 - 2035) 4.4%

Major Players

Tropical Food (PH), Dole Food Company (US), Chiquita Brands International (US), Green Banana Paper (US), Banana Flour Co. (AU), NutraFruit (BR), Bannaflour (IN), Bananito (CR)

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US Banana Flour Market Trends

The banana flour market is experiencing notable growth, driven by increasing consumer awareness regarding health and nutrition. This flour, derived from green bananas, is gluten-free and rich in dietary fiber, making it an appealing alternative for those with dietary restrictions. The rising trend of plant-based diets further supports the demand for banana flour, as it aligns with the preferences of health-conscious consumers. Additionally, the versatility of banana flour in various culinary applications, from baking to thickening agents, enhances its attractiveness in the food industry. As more individuals seek natural and nutritious ingredients, the banana flour market is poised for expansion. Moreover, the market is likely to benefit from the growing interest in sustainable food sources. As consumers become more environmentally conscious, they may gravitate towards products that are perceived as eco-friendly. Banana flour, being a byproduct of banana cultivation, presents an opportunity to reduce waste while providing a nutritious option. This alignment with sustainability trends could further bolster the market's growth in the coming years, as manufacturers and consumers alike prioritize environmentally responsible choices.

Health and Wellness Focus

The emphasis on health and wellness continues to shape the banana flour market. Consumers are increasingly seeking nutritious alternatives to traditional flours, and banana flour's high fiber content and natural properties make it an attractive option. This trend is likely to persist as more individuals prioritize their dietary choices.

Plant-Based Diet Adoption

The rise in plant-based diets is significantly influencing the banana flour market. As more people adopt vegetarian and vegan lifestyles, the demand for gluten-free and plant-derived ingredients is increasing. Banana flour fits well within this trend, appealing to those looking for versatile and healthy baking options.

Sustainability and Eco-Consciousness

Sustainability is becoming a crucial factor in consumer purchasing decisions. The banana flour market stands to gain from this shift, as the product is often viewed as a sustainable choice. By utilizing bananas that might otherwise go to waste, banana flour aligns with the growing demand for environmentally friendly food products.

US Banana Flour Market Drivers

Expansion of E-commerce Platforms

The banana flour market is benefiting from the rapid expansion of e-commerce platforms, which have transformed the way consumers shop for food products. The convenience of online shopping has led to a significant increase in the availability of specialty items, including banana flour. In 2025, e-commerce sales in the food and beverage sector are projected to reach $100 billion in the US, highlighting the growing trend of online grocery shopping. This shift is particularly advantageous for niche products like banana flour, which may not be readily available in traditional retail outlets. The banana flour market is likely to leverage this trend by enhancing its online presence and distribution channels, thereby reaching a broader audience and increasing sales opportunities.

Increased Interest in Nutritional Products

The banana flour market is witnessing a surge in interest for products that offer enhanced nutritional benefits. With a growing emphasis on health and wellness, consumers are increasingly seeking out foods that provide essential nutrients. Banana flour is rich in potassium, dietary fiber, and vitamins, making it an attractive option for health-conscious individuals. According to recent data, the functional food market in the US is expected to grow at a CAGR of 8.5% from 2021 to 2028, which suggests a favorable environment for the banana flour market. This trend indicates that consumers are willing to invest in products that contribute to their overall well-being. As the banana flour market continues to innovate and promote its health benefits, it is likely to capture a larger share of the nutritional products segment.

Rising Demand for Gluten-Free Alternatives

The banana flour market is experiencing a notable increase in demand for gluten-free products. As consumers become more health-conscious, the prevalence of gluten intolerance and celiac disease has led to a shift towards gluten-free alternatives. In the US, the gluten-free food market is projected to reach approximately $7.59 billion by 2027, indicating a robust growth trajectory. This trend is likely to benefit the banana flour market, as it serves as a versatile substitute for traditional wheat flour in various recipes. The increasing awareness of gluten-related health issues is driving consumers to seek out gluten-free options, thereby expanding the market for banana flour. Furthermore, the banana flour market is well-positioned to cater to this growing segment, offering a nutritious and gluten-free alternative that aligns with consumer preferences.

Rising Awareness of Sustainable Food Sources

The banana flour market is likely to benefit from the increasing awareness of sustainable food sources. As consumers become more environmentally conscious, there is a growing preference for products that are sourced sustainably. Banana flour, often produced from surplus bananas that would otherwise go to waste, presents an eco-friendly alternative to traditional flours. The sustainable food market in the US is projected to grow significantly, with consumers willing to pay a premium for products that align with their values. This trend indicates a potential opportunity for the banana flour market to position itself as a leader in sustainability. By emphasizing its environmentally friendly production methods, the banana flour market can attract a dedicated consumer base that prioritizes sustainability in their purchasing decisions.

Growing Popularity of Baking and Cooking at Home

The banana flour market is experiencing growth due to the rising popularity of home baking and cooking. As more individuals engage in culinary activities at home, there is an increased demand for versatile and healthy ingredients. Banana flour, with its unique flavor and nutritional profile, is becoming a favored choice among home bakers and cooks. The US baking industry is projected to grow at a CAGR of 3.5% from 2021 to 2026, indicating a favorable environment for the banana flour market. This trend suggests that consumers are looking for innovative ways to incorporate healthier ingredients into their recipes. The banana flour market stands to benefit from this shift, as it offers a product that aligns with the growing interest in home cooking and baking.

Market Segment Insights

By Source: Organic (Largest) vs. Conventional (Fastest-Growing)

In the US banana flour market, Organic flour holds a significant portion of the market share, driven by increasing consumer demand for healthier, natural products. This segment benefits from a strong perception among consumers as a better choice for health-conscious diets, resulting in higher sales figures compared to its counterpart. Meanwhile, the Conventional category is increasingly appealing to a broader audience due to its price competitiveness and availability in various retail outlets, contributing to a balanced distribution in market share between the two segments. Growth trends in the source segment are largely influenced by changing consumer preferences towards organic products, as more individuals seek sustainable and environmentally-friendly options. The rising health awareness and the inclination towards plant-based diets support the growth of both Organic and Conventional banana flour. The Conventional segment is expected to witness the fastest growth as brands focus on product innovation and affordability to attract more price-sensitive consumers, prominently expanding their market presence.

Source: Organic (Dominant) vs. Conventional (Emerging)

The Organic segment of the US banana flour market is characterized by high-quality sourcing, which appeals to health-conscious consumers looking for natural and minimally processed options in their diets. This category enjoys a dominant position, bolstered by increasing awareness about the benefits of organic ingredients. On the other hand, the Conventional segment emerges as a key player, attracting consumers with affordability and widespread availability. It offers a viable alternative for cost-sensitive shoppers while still maintaining a decent quality. Both segments are vital to the overall health of the market, with Organic leading the charge and Conventional rapidly evolving to meet changing demands.

By Packaging: Pouches (Largest) vs. Others (Fastest-Growing)

In the US banana flour market, the distribution among packaging segments is notably skewed. Pouches hold the largest share, capturing the interest of consumers due to their convenience and ease of use. This segment's popularity is driven by modern lifestyles that favor ready-to-use products, giving it a significant edge over other packaging types. Boxes and other formats, while present, contribute less prominently to the overall market share. Growth trends indicate that the packaging segment for banana flour is evolving, with a marked increase in demand for alternative formats. The 'Others' category is emerging rapidly, reflecting changing consumer preferences towards eco-friendly materials and unique packaging solutions. Innovations in packaging design are also key drivers, appealing to health-conscious consumers seeking sustainable options.

Pouches: Dominant vs. Others: Emerging

Pouches are recognized as the dominant packaging format in the US banana flour market, characterized by their lightweight and resealable features that attract a wide consumer base. They are often perceived as more convenient for on-the-go use, aligning well with the growing trend of active and health-focused consumers. On the other hand, the 'Others' category includes innovative packaging solutions that are gaining traction. This emerging segment is distinguished by its focus on sustainability and unique designs that appeal to environmentally conscious buyers. Both segments reflect distinct consumer preferences and market dynamics, with pouches leading due to established popularity, while 'Others' positions itself as a forward-thinking choice.

By Distribution Channel: Store (Largest) vs. Non-Store (Fastest-Growing)

In the US banana flour market, the distribution of sales between store and non-store channels shows a significant skew towards the store segment, which commands the largest share. This is primarily due to the established presence of grocery chains and localized health food stores, where consumers frequently shop for staple products. In contrast, the non-store segment, which includes online retail and direct sales, has been gaining traction, appealing particularly to health-conscious consumers who prefer the convenience of online shopping. Growth trends in the US banana flour market are increasingly influenced by the surge in e-commerce and the shifting purchasing behaviors of consumers. The non-store segment is expected to grow rapidly, driven by digital marketing strategies and the expansion of delivery services. Meanwhile, in-store sales continue to benefit from physical availability and the sensory experience of shopping, reinforcing its strong position in the market.

Store (Dominant) vs. Non-Store (Emerging)

The store distribution channel in the US banana flour market remains dominant, leveraging established relationships with consumers and promoting brand loyalty. Supermarkets and health food stores provide a tactile shopping experience that resonates with traditional consumers. Conversely, the non-store channel is emerging as a dynamic alternative, primarily catering to a younger, tech-savvy demographic that values convenience and accessibility. Online platforms offer extensive product variety and informational resources, making them attractive for consumers seeking specialty items like banana flour. As these two channels evolve, their interplay will shape the future landscape of the market.

Get more detailed insights about US Banana Flour Market

Key Players and Competitive Insights

The banana flour market exhibits a dynamic competitive landscape characterized by a blend of innovation, sustainability, and strategic partnerships. Key players such as Dole Food Company (US), Chiquita Brands International (US), and Tropical Food (PH) are at the forefront, each adopting distinct strategies to enhance their market presence. Dole Food Company (US) focuses on expanding its product line to include organic banana flour, catering to the growing consumer demand for health-conscious alternatives. Chiquita Brands International (US) emphasizes sustainability in its operations, aiming to reduce its carbon footprint through eco-friendly packaging solutions. Meanwhile, Tropical Food (PH) leverages its strong supply chain to optimize production efficiency, positioning itself as a reliable supplier in the market. Collectively, these strategies contribute to a competitive environment that prioritizes innovation and sustainability.In terms of business tactics, companies are increasingly localizing manufacturing to reduce transportation costs and enhance supply chain resilience. This approach appears to be particularly effective in a moderately fragmented market, where the collective influence of key players shapes pricing strategies and product availability. The emphasis on supply chain optimization is evident, as firms seek to mitigate risks associated with The banana flour market demands.

In October Dole Food Company (US) announced a partnership with a leading health food retailer to launch a new line of organic banana flour products. This strategic move is likely to enhance Dole's market share by tapping into the health-conscious consumer segment, which has shown a marked increase in demand for organic and gluten-free alternatives. The collaboration not only strengthens Dole's product offerings but also aligns with current consumer trends favoring sustainability and health.

In September Chiquita Brands International (US) unveiled its initiative to implement biodegradable packaging for its banana flour products. This action underscores the company's commitment to sustainability and positions it favorably among environmentally conscious consumers. By adopting such innovative packaging solutions, Chiquita aims to differentiate itself in a competitive market increasingly focused on eco-friendly practices.

In August Tropical Food (PH) expanded its production capabilities by investing in advanced milling technology to enhance the quality of its banana flour. This investment is indicative of the company's strategy to improve product consistency and meet the rising demand for high-quality flour. By upgrading its manufacturing processes, Tropical Food (PH) is likely to strengthen its competitive edge and attract a broader customer base.

As of November the banana flour market is witnessing trends that emphasize digitalization, sustainability, and technological integration. Companies are increasingly forming strategic alliances to enhance their competitive positioning, particularly in areas such as supply chain management and product innovation. The shift from price-based competition to a focus on innovation and technology is becoming more pronounced, suggesting that future differentiation will hinge on the ability to deliver high-quality, sustainable products that meet evolving consumer preferences.

Key Companies in the US Banana Flour Market include

Industry Developments

The US Banana Flour Market has been experiencing notable developments recently. Companies like Perfect Keto and Nutiva have been expanding their product lines to include banana flour, which is gaining traction among consumers seeking gluten-free and eco-friendly alternatives. In August 2023, Let’s Do Organic announced the launch of a new banana flour product aimed at the health-conscious demographic, enhancing their market presence. Additionally, King Arthur Baking Company has been actively promoting banana flour in baking recipes, which has boosted consumer interest and usage.

As for mergers and acquisitions, D'agostino acquired BetterBody Foods in September 2023, reinforcing their foothold in the organic food sector, particularly in banana flour. This acquisition is expected to leverage the growing trend of health-focused dietary products. Over the past two to three years, the market valuation of companies like Bob's Red Mill and Anthony's Goods has significantly increased, reflecting a growing acceptance and demand for banana flour as both a baking ingredient and a nutritional supplement in the United States. The projected growth in this niche market signifies a shift towards natural and functional ingredients in consumer diets.

Future Outlook

US Banana Flour Market Future Outlook

The Banana Flour Market is projected to grow at a 4.4% CAGR from 2025 to 2035, driven by rising health consciousness and demand for gluten-free products.

New opportunities lie in:

  • Developing premium organic banana flour lines for health-conscious consumers.
  • Implementing e-commerce platforms for direct-to-consumer sales.
  • Establishing partnerships with health food brands for co-branded products.

By 2035, the banana flour market is expected to achieve robust growth and increased market penetration.

Market Segmentation

US Banana Flour Market Source Outlook

  • Organic
  • Conventional

US Banana Flour Market Packaging Outlook

  • Pouches
  • Boxes
  • Others

US Banana Flour Market Distribution Channel Outlook

  • Store
  • Non-Store

Report Scope

MARKET SIZE 2024 108.5(USD Million)
MARKET SIZE 2025 113.27(USD Million)
MARKET SIZE 2035 174.27(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 4.4% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Tropical Food (PH), Dole Food Company (US), Chiquita Brands International (US), Green Banana Paper (US), Banana Flour Co. (AU), NutraFruit (BR), Bannaflour (IN), Bananito (CR)
Segments Covered Source, Packaging, Distribution Channel
Key Market Opportunities Growing demand for gluten-free products drives innovation in the banana flour market.
Key Market Dynamics Rising consumer demand for gluten-free alternatives drives innovation in the banana flour market.
Countries Covered US
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FAQs

What is the expected market size of the US Banana Flour Market in 2024?

The US Banana Flour Market is expected to be valued at 93.0 million USD in 2024.

What is the projected market size for the US Banana Flour Market by 2035?

The market is projected to reach 138.0 million USD by the year 2035.

What is the expected CAGR for the US Banana Flour Market from 2025 to 2035?

The expected compound annual growth rate for the market from 2025 to 2035 is 3.653.

How is the US Banana Flour Market segmented by source?

The market is segmented into two sub-segments: organic and conventional sources.

What is the market value for organic banana flour in 2024?

The market value for organic banana flour is anticipated to be 30.0 million USD in 2024.

What is the market value for conventional banana flour in 2024?

The market value for conventional banana flour is projected at 63.0 million USD in 2024.

Who are the key players in the US Banana Flour Market?

Major players in the market include Let’s Do Organic, King Arthur Baking Company, and Bob's Red Mill among others.

What opportunities exist within the US Banana Flour Market?

The market presents opportunities driven by increasing health consciousness and the demand for gluten-free alternatives.

What challenges does the US Banana Flour Market face?

Challenges in the market include competition from other gluten-free flours and supply chain constraints.

What applications are driving growth in the US Banana Flour Market?

The applications driving growth include gluten-free baking, smoothies, and health-related food products.

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