How to Start Banana Powder Manufacturing Industry?

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Introduction

This is a very unique topic we are discussing. We all know about bananas, but do you know about its manufacturing process? Do you know how to start a banana powder business? Do you know its material, survey, and most importantly the market strategy? Letâ€™s gain some information through the article.

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Banana powder

Talking about banana powder, do you know what is it? In simple words banana powder is made from the processed bananas by using a colloid mill. As known, banana is one of the abundant fruit crops in India and is a good source of income for farmers. Powder has a great potential for commercialization because it contains high sugar and low content as it is used as a substitute for fresh banana for making traditional cakes in other words we can say cake premixes and apart from that we can also make banana snacks, crackers, and crisps. Talking about the quality, it is defined by the color, flavor, texture, and moisture content as they are being affected by the varieties of bananas and its processing operations, the most important blanching process.

The quality of the powder should be good because it has many benefits like it is being produced from the bananas of the right variety and good degree of ripeness. This powder is being used differently like it can be used as an additive in confectionaries, milkshakes, and baby foods. Banana powder has a high level of concentration of banana essence which is why it has been noticed that it is a major source of carbohydrate and calories.

Benefits of banana powder

Letâ€™s discuss the benefits of banana powder:-

Major source of carbohydrates and calories
Useful for the treatment of dyspepsia
Fights anemia by stimulating the production of hemoglobin
Helps to regulate blood pressure
Reduces constipation
Have a mild laxative property and is useful in childrenâ€™s diseases
To prevent diarrhea, treatment of stomach ulcers
Helps in children to intake mineral nutrients

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Market Demand

Talking about the demand of the industry, it is found that India produces 54% of the world’s mango, 23% of banana, 24% of cashew nuts, 36% of green peas and 10% of onion production and as discussed above India is the largest producer of banana in the world. The major banana producing states of India are Tamil Nadu, Maharashtra, Karnataka, Gujarat, Andhra Pradesh, Assam, and Madhya Pradesh. If bananas are converted into powder or can be converted with the help of technology then not only a massive waste of the fruit could be prevented but, more demand of the fruit will be generated because the rising demand of individual products will be increased when they are offered before or after the season.

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Now letâ€™s move ahead. According to international scenarios, bananas are the fifth largest agricultural commodity in world trade after cereals, sugar, coffee and cocoa. The main advantage of bananas is that their availability is throughout the year. Talking about the present scenario, the productivity of the world is 115.20 T/ha however that of India is 30.63 T/ha. The Indian food industry is estimated to be worth over 200 billion and is expected to grow to 310 billion and by 2015 India will be one of the worldâ€™s major food producers but accounts for only 1.7% of world trade in the sector. The applications and demand of banana powder is immense therefore the potential of the product is excellent and it is one of the imperative fields to endeavor.

Moving forward the banana industry has had significant growth in recent years and is representing many different opportunities to the industry players. Cold storage, infrastructure enhancement and rising awareness about packaged banana products have processed the Indian market to scale newer acmes. And besides that the change in taste and preference of the consumer increases the demand for healthy and nutritional food and government initiatives have set to further boost market growth. As known, India is a developing country so the banana industry is also in a developing state. 90% of bananas are produced in India and are consumed domestically as a fresh fruit. Rarely 10% is consumed in processed form. Fried chips, known as the primary product of bananas, constitute around 38%, banana powder 30%, banana jam 15%, and others 17%. The banana production stood at 29.12 million metric tonnes in FY 2016 and has potential to report a significant growth in future. India has the best opportunity for development of several value added products like juice, biscuit, banana powder, etc.

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Discussed above, the manufacturing process is also important also, I guide through:-

Report
Profile
Business plan
Industry trends
Market research
Survey
Machinery
Raw materials
Feasibility study
Investment opportunities
Cost and revenue
Economics

Niir Project Consultancy Services (NPCS) is a team of highly experienced engineers, planners, specialists, financial experts, economic analysts, and design specialists who prepare the project reports on different segments you can get the project report on Banana Powder Manufacturing. The data provided in project reports are assessed multiple times with the help of industry players. The report not only gives the details about the current market scenarios but also on future growth and demand of markets too.

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Reasons for Buying NIIR Report:

â— Our research report helps you get a detailed picture of the industry by providing an overview of the industry along with the market structure and classification.

â— Our report provides market analysis covering major growth driving factors for the industry, the latest market trends and the regulatory framework of the industry.

â— Our Report provides an analysis and in-depth financial comparison of major Players / Competitors.

â— Our Report provides indispensable buyers' data with their company financials as well as the contact details, which can be an important tool in identifying the target customers.

â— Our report provides forecasts of key parameters which help to anticipate the industry performance.

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