Market Overview:
Banana bread is a type of bread that is made from mashed bananas. The ingredients typically include flour, sugar, butter, eggs, baking powder and cinnamon. There are many different variations of banana bread, including flavored and unflavored versions. The flavored versions may include ingredients such as nuts, chocolate chips or dried fruit. Banana bread can be eaten as a snack or served as a dessert. It can also be used in recipes such as smoothies or pancakes. The global banana bread market is expected to grow at a CAGR of 5% from 2018 to 2030. The growth in the market is attributed to the increasing demand for healthy snacks and the growing popularity of online shopping platforms. North America accounted for the majority of the global banana bread market in 2017 and is expected to maintain its lead during the forecast period.
Product Definition:
Banana bread is a type of quick bread that typically contains mashed bananas. The ingredients are typically mixed in a single bowl, and then baked in a loaf pan. Banana bread is often served as a breakfast food or snack.
Flavored Banana Bread:
Flavored banana bread is a type of banana bread that contains some additional ingredients and flavors. Banana is the main ingredient in this flavored product, which has been used as a healthy food for centuries. It has potassium, magnesium, vitamin B6 and vitamin C which helps to keep body energized and nourishes cells with energy.
The global market for flavored banana bread was estimated at USD 473 million in 2016.
Unflavored Banana Bread:
Unflavored banana bread is a type of banana bread that does not contain any flavors or ingredients other than the natural bananas. It has become very popular among consumers who prefer healthy food and are lactose intolerant or have milk allergy.
The global unflavored banana bread market was valued at USD 1,B; however, it is expected to grow at a CAGR of XX% over the forecast period on account of increasing health consciousness among consumers across the globe.
Application Insights:
The supermarket segment held the largest share of over 70.0% in 2017. The use of bananas as a raw material to make banana bread is expected to increase in the coming years, which will drive the demand for this product from supermarkets. The growing preference for home-made food among consumers, especially millennials, has been driving demand from this application segment.
The convenience store application is projected to witness significant growth over the forecast period owing to increasing consumer preference for on-the-go products and snacks that are easy to prepare and consume on a go basis. Moreover, rising penetration of small stores/convenience stores by major retail brands such as A&W; Restaurants Limited (owned by Dairy Foods), United Petroleum Ltd., Reliance Industries Ltd., etc.
Regional Analysis:
North America dominated the global banana bread market in 2017. The U.S., in particular, is one of the largest consumers of all kinds of bread including wheat and gluten-based products such as bagels and sandwich loaves. However, due to growing health concerns related to trans fats found in conventional bakery products, consumers are gradually shifting their preference toward low-fat bakery foods that are healthier alternatives for breakfast sandwiches or any other meal time. This has resulted into a significant demand for banana flavored baked goods among U.S.
Asia Pacific is expected to be one of fastest growing regional markets with a CAGR exceeding 5% from 2018 to 2030 owing to increasing disposable income levels along with rising consumer awareness regarding nutritional diet patterns across emerging economies such as China.
Europe also accounted for a significant share owing to high consumption by tourists on account of its delicious taste.
Growth Factors:
- Increasing demand for healthy food options: The banana bread market is expected to benefit from the increasing demand for healthy food options. This is because banana bread is a nutritious and relatively low-calorie snack option.
- Rising popularity of baking: The popularity of baking has been on the rise in recent years, with more people taking up baking as a hobby or pastime. This is likely to benefit the banana bread market as well, as homemade banana bread tends to be popular among consumers.
- Growing trend of snacking: Another key growth driver for the banana bread market will be the growing trend of snacking among consumers worldwide. Banana bread makes an ideal snack option due to its nutritional value and portability.
Scope Of The Report
Report Attributes
Report Details
Report Title
Banana Bread Market Research Report
By Type
Flavored Banana Bread, Unflavored Banana Bread
By Application
Supermarket, Convenience Store, Online Store
By Companies
Banana Bread Co, Mama Ka'z, Papa Joe's Bakehouse, Havana Banana Breads, Big Banana Bread, Essential Baking
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Banana Bread Market Report Segments:
The global Banana Bread market is segmented on the basis of:
Types
Flavored Banana Bread, Unflavored Banana Bread
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Convenience Store, Online Store
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Banana Bread Co
- Mama Ka'z
- Papa Joe's Bakehouse
- Havana Banana Breads
- Big Banana Bread
- Essential Baking
Highlights of The Banana Bread Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Flavored Banana Bread
- Unflavored Banana Bread
- By Application:
- Supermarket
- Convenience Store
- Online Store
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Banana Bread Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Banana bread is a type of bread that is made with mashed bananas and flour. It is often sweetened with sugar or honey, and sometimes has nuts or raisins added.
Some of the major companies in the banana bread market are Banana Bread Co, Mama Ka'z, Papa Joe's Bakehouse, Havana Banana Breads, Big Banana Bread, Essential Baking.
The banana bread market is expected to register a CAGR of 5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Banana Bread Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Banana Bread Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Banana Bread Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Banana Bread Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Banana Bread Market Size & Forecast, 2020-2028 4.5.1 Banana Bread Market Size and Y-o-Y Growth 4.5.2 Banana Bread Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Flavored Banana Bread
5.2.2 Unflavored Banana Bread
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Store
6.2.3 Online Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Banana Bread Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Banana Bread Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Flavored Banana Bread
9.6.2 Unflavored Banana Bread
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Store
9.10.3 Online Store
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Flavored Banana Bread
10.6.2 Unflavored Banana Bread
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Store
10.10.3 Online Store
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Flavored Banana Bread
11.6.2 Unflavored Banana Bread
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Store
11.10.3 Online Store
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Flavored Banana Bread
12.6.2 Unflavored Banana Bread
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Store
12.10.3 Online Store
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Flavored Banana Bread
13.6.2 Unflavored Banana Bread
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Store
13.10.3 Online Store
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Banana Bread Market: Competitive Dashboard
14.2 Global Banana Bread Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Banana Bread Co
14.3.2 Mama Ka'z
14.3.3 Papa Joe's Bakehouse
14.3.4 Havana Banana Breads
14.3.5 Big Banana Bread
14.3.6 Essential Baking