Key Highlights:
A versatile powder, banana powder finds applications in the food, cosmetics, and pharmaceutical industries. It is an excellent addition to baby formula because it is high in calories and carbohydrates. Did you know that its market is growing at a 7.6% CAGR on a global scale?
Banana powder is produced in huge quantities in India and many other nations. However, the majority of the production output is exported throughout the world, with India consuming very little of it. When it comes to raw banana powder exports, countries like Ecuador and the Philippines are in the lead, aside from India.
In this blog, we will cover the banana powder export from India as well as recent developments such as export data, Indian exporters of banana powder, and the HS code for banana powder.
The Indian banana powder export businesses will have a fantastic opportunity to grow their export company and reap the greatest profit margins as the size of the worldwide market for banana powder rises.
For effective banana powder export from India, companies that deal in the product must select the appropriate market, offer competitive packaging, set a fair price point, and take other necessary measures.
With great development potential in the upcoming years, it is a rising star. We need to examine the current market size, anticipated growth, and key trends that are propelling this intriguing movement in order to appreciate its potential fully.
The global market for banana powder, estimated to be worth USD 1.25 billion in 2022, is predicted to rise to USD 2.42 billion by 2031 from USD 1.35 billion in 2023, with a compound annual growth rate (CAGR) of 7.6% over the forecast period (2024–2031).
Banana powder is in high demand due to its reputation, nutritional value as a dietary supplement, and numerous other uses as people become more conscious of their health.
There are four main categories in the banana powder market: freeze-dried, spray-dried, sun-dried, and drum-dried.
It is time to explore India's market demand and production of banana powder now!
Here are some fascinating details about the making of banana powder!
Now, let's take a look at the demand for banana powder in India!
There is a high rise in demand for banana powder in India as it is emerging as a suitable alternative to wheat powder. It is one of the greatest options for those seeking healthy gluten-free options, as many people in India and abroad are looking for them.
The need for banana powder increased as a direct result of the bakery industry's growing desire for organic alternatives.
The cosmetic industries, which use banana powder in many makeup products and charge exorbitant prices for it, have significantly increased the demand for the ingredients overall.
Also read: Export Banana from India
Check out the most recent information on Indian exports of banana powder now!
The leading producers of banana powder in India are listed below:
They are the most well-known manufacturer attempting to meet the growing demand for banana powder in India and around the world. Bananas are the basic ingredient needed to make banana powder, and they are inexpensive and widely available in India. The majority of these producers produce banana powder exported from India in large volumes.
Take a look at the top exporters of banana powder listed below!
The leading banana powder exporters in India are:
India's banana powder export data continues to rise, underscoring the country's potential as a major player in the global banana powder market. To see the most up-to-date list of Indian exporters of banana powder and other countries that export banana powder, download the Eximpedia app. Find all the information you need about banana powder exports from India in one spot.
Here is the list of the trending banana powder HS codes:
| Product Description | Banana Powder HS Codes |
| Sauces & preparations | 2103 |
| Other | 21039090 |
| Food preparations not specified or included | 2106 |
| Other | 21069099 |
| Beauty or makeup preparations | 3304 |
| Other | 33049190 |
| Other | 33049990 |
| Mixtures of Odoriferous Substances and Mixtures | 3302 |
| Synthetic Flavouring Essences | 33021010 |
Because banana powder has so many applications, there are many different HS Codes for it. Visit our website, Eximpedia.app, to examine banana powder export data and obtain a detailed list of banana powder HS Codes.
The updated table of nations that export banana powder is as follows:
| Rank | Top 10 Banana Powder Exporting Countries |
| 1 | India |
| 2 | China |
| 3 | Indonesia |
| 4 | Ecuador |
| 5 | Brazil |
| 6 | Guatemala |
| 7 | Philippines |
| 8 | Costa Rica |
| 9 | Colombia |
| 10 | Angola |
Thus, these are the nations that export the greatest amounts of banana powder. To get the global market report without any hassle, visit Eximpedia.app It will provide the updated list of Indian exporters of banana powder, HS codes of banana powder, and data on banana powder export from India.
You need to register your banana powder export business and obtain multiple licenses in order to begin selling banana powder. The most recent export data for banana powder is available on Expimpedia.app, and our team of experts will provide you with exact details for banana powder export from India.
For exporting banana powder from India, the following paperwork is needed:
Step 1: Analysis and market research
The primary goal of market research is to determine which is the ideal destination for banana powder export from India. For Indian banana exporters, the most important first step is to draft a comprehensive business plan.
Step 2: Customs Clearance
Businesses must complete all required procedures in order to receive customs clearance for exporting banana powder from India. In order to file a shipping bill, you must first register and get a PAN Bases BIN from the Directorate General of Foreign Trade.
Step 3: Find possible consumers of banana powder
Once your business has been established successfully, it is time to look for overseas buyers. The banana powder export data from India will assist you in locating buyers who meet the quantity, quality, and price requirements for your banana powder export from India. However, you can easily obtain buyers' contact information by connecting with our user-friendly, data-driven platform if you need the most recent export data or an importer list of banana powder.
Step 4: Distribution and Marketing
After establishing your company, it is time to use effective marketing to draw clients. Since your clients will be from outside of India, promoting your banana powder export business and acquiring new business will require efficient marketing. Spread the word via a range of marketing channels, including websites, business cards, social media, online ads, and more.
Even though it could be difficult to pinpoint the exact ranking of India's top exporters of banana powder, the information provided provides you with useful tools to aid in navigating this intriguing industry. You can investigate opportunities and connect with key players in the rapidly expanding market of banana powder export from India by utilizing our dedicated data-driven dashboard.
If you want to be one of India's top exporters of banana powder, please get in touch with our dedicated team to arrange a free live demo as soon as possible for the most recent exim data and market insights into Indian exports.
Frequently Asked Questions (FAQs)
The expansion of the global market for banana powder presents an excellent opportunity for Indian export companies to grow and earn the highest profit margins.
Banana powder is in high demand in several major countries, including North America, Europe, Asia-Pacific, and India.
Based on banana powder export data, the largest exporter of banana powder is India. Other significant exporters are China, Indonesia, Ecuador, and Brazil.
India is a major exporter of bananas to numerous nations, such as Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, Iran, and the United Arab Emirates (UAE).
Yes, the banana powder business is profitable in India. But you need proper market research, gain industry and product-wise insights from the market research company.
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