Global Organic Banana Market By Overview
Organic bananas have been defined as a group of bananas grown in certified organic farms across the world. Generally bananas grow in the tropical region and nowadays the bananas can be grown in all the seasons in the tropical region. Banana is the major source of instant energy, vitamin B6, fibre and vitamin C. It provides health benefits for the digestion, weight loss, and heart health.
Global Organic Banana Market By Drivers & Restraints
Establishment of fair trade to sustain trade initiative to launch an online portal on sustainable agricultural practices in the organic banana sector is the major propelling factor for the growth of the global market. Additionally, the organic banana market is highly influenced by deep vertical and horizontal integration within the value chain and various voluntary sustainability standards which have leveraged this in increasing the production is another boosting factor. Moreover, the concentration of the production of organic banana in all seasons is the fueling factor for the growth of the global market. For instance, in 2016, organic bananas were the third-most valued US organic product imported. However, more dependency on the bananas on the export market is the major restraining factor for the growth of the target market.
Global Organic Banana Market By Segmentations & Regional Insights
Organic banana market is segmented based on region.
Based on the region, the organic banana market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Organic Banana Market, By Region:
- North America
- North America Organic Banana Market, By Country
- U.S.
- Canada
- North America Organic Banana Market, By Country
- Europe
- Europe Organic Banana Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Europe Organic Banana Market, By Country
- Asia Pacific
- Asia Pacific Organic Banana Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Asia Pacific Organic Banana Market, By Country
- Latin America
- Latin America Organic Banana Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Latin America Organic Banana Market, By Country
- Middle East & Africa
- Middle East & Africa Organic Banana Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Middle East & Africa Organic Banana Market, By Country
FAQs
Organic banana market is segmented based on region.
The establishment of fair trade to sustain trade initiative to launch an online portal on sustainable agricultural practices in the organic banana sector is the major propelling factor for the growth of the global market.
The organic banana market in the Asia Pacific is projected to account for a larger share in the target market. This is primarily attributed to the high production and consumption of banana fruit by individuals in countries such as India, Australia, and China.