Banana Powder Export from India: Market Growth, Export Data, and Business Opportunities

Banana powder has gained immense global recognition as a versatile product used in food, cosmetics, and pharmaceuticals. Known for its nutritional value and functionality, it is widely used in baby formula, bakery items, dietary supplements, and even high-end beauty products. As global demand surges, the banana powder export business is becoming a lucrative sector, especially for Indian manufacturers and exporters. This article explores the scope of banana powder export from India, recent banana powder export data, leading banana powder exporters in India, and essential insights for entrepreneurs planning to enter this market.

Why Banana Powder Export from India is Profitable

The rising global market for banana powder offers Indian exporters a golden opportunity. With health-conscious consumers actively looking for gluten-free and organic alternatives, the demand for banana powder continues to climb. Export businesses can achieve high margins by focusing on international markets where banana powder is used in processed foods, supplements, and cosmetics. To succeed in the banana powder export business, exporters must identify the right target markets, invest in attractive packaging, and maintain competitive pricing.

Global Market Size and Growth

The global banana powder market is expanding rapidly. Valued at USD 1.25 billion in 2022, it is projected to reach USD 2.42 billion by 2031, growing at a 7.6% CAGR. This strong growth rate highlights enormous opportunities for exporters. With four main product types—freeze-dried, spray-dried, sun-dried, and drum-dried—banana powder caters to different industries worldwide. According to India Import and Export Data, India holds a strong share in this global growth, making the country one of the most influential players in banana powder production and export.

Production of Banana Powder in India

India is the world’s largest producer of bananas, which gives it a natural advantage in producing banana powder. The country accounts for about 26% of the global banana powder supply, producing over 30 million tonnes annually. Leading states such as Maharashtra, Tamil Nadu, Andhra Pradesh, Assam, and Gujarat are at the forefront of production. Indian factories rely on advanced techniques like spray drying and drum drying to ensure high-quality output. This massive production base provides a solid foundation for the banana powder export from India.

Domestic Demand and Market Trends

Although India produces banana powder in huge volumes, domestic consumption remains limited compared to exports. However, demand is rising in India due to growing health awareness and a shift towards gluten-free diets. The bakery and cosmetics sectors are major drivers of this demand. Cosmetics companies are increasingly using banana powder as an ingredient in premium beauty products. With this rising domestic interest, banana powder exporters in India enjoy strong demand both at home and abroad.

Banana Powder Export Data: 2023–24

The most recent banana powder export data reveals impressive growth in exports from India. In 2023–24, the average export price stood at around INR 650 ($7.77). India is the second-largest exporter globally, shipping products under key categories such as 07129090, 21069099, and 33021010.

The top destinations for banana powder export from India include the United States, Bangladesh, and the United Arab Emirates. Over 294 Indian exporters shipped around 2,300 consignments to nearly 600 global buyers. According to india export data, this growth trend is expected to continue, solidifying India’s role as a leading exporter.

Global Export Statistics

On the international stage, banana powder exports totaled around 68,600 shipments. Major buyers include countries in Europe such as Germany, the Netherlands, and France. Germany leads with more than 6,400 shipments, followed by the Netherlands and Spain. These figures show that Europe is a prime market for the banana powder export business, and Indian exporters should strategically target these regions.

Leading Banana Powder Exporters in India

Several well-established companies dominate the banana powder export from India. Key players include:

• Grupo Jugal Inc.

• Taj Agro International

• Cool Milling Ventures Corporation

• Banatone Industries

• Mevive International

• Safety Foods Pvt. Ltd.

• Chiquita Brands International, Inc.

• Perennial Lifesciences Pvt. Ltd.

These companies maintain global standards in quality and packaging, making them leaders in the banana powder export business. Emerging exporters such as Headmill International, Ambe Ns Agro Products Pvt. Ltd., and Kesco Organics Export are also making significant contributions.

HS Codes for Banana Powder

Banana powder exports are classified under various HS Codes depending on their end use. For instance, HS Code 2103 covers sauces and preparations, while 3304 applies to beauty products. Other common codes include 21069099 and 33021010. Having accurate HS codes is critical when analyzing banana powder export data and ensuring compliance during shipments.

Top Exporting Countries

Globally, the leading banana powder exporting nations include India, China, Indonesia, Ecuador, Brazil, and the Philippines. Among them, India consistently ranks at the top due to its production capacity, affordable raw materials, and growing base of reliable exporters. Exporters looking to expand should use platforms like Eximpedia for updated India Import and Export Data and to connect with international buyers.

How to Start a Banana Powder Export Business

Starting a banana powder export business in India involves several essential steps:

1. Register and Obtain Licenses – Exporters need an Import Export Code (IEC), FSSAI registration, and an export license.

2. Market Research – Use banana powder export data to identify profitable regions and target buyers.

3. Customs Clearance – Complete all required documentation such as commercial invoices, packing lists, certificates of origin, and phytosanitary certificates.

4. Find Global Buyers – Leverage india export data platforms to connect with overseas buyers.

5. Marketing and Distribution – Promote products using online platforms, social media, and trade fairs to build long-term relationships with buyers.

By following these steps, entrepreneurs can establish themselves as successful banana powder exporters in India and tap into the expanding global market.

Conclusion

The future of the banana powder export business looks bright, with demand soaring across food, cosmetics, and pharmaceutical industries. Backed by strong production capabilities and competitive pricing, India is poised to remain a leader in global exports. Accurate banana powder export data, robust India Import and Export Data, and reliable networks of banana powder exporters in India are essential tools for businesses aiming to succeed in this dynamic sector. For those ready to seize opportunities, banana powder export from India represents not just a profitable venture but a gateway to long-term international trade success.