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According to the latest report from IMARC Group, the global banana bread market has grown at a CAGR of around 4% during the period 2015-2020. Looking ahead, the market is expected to show moderate growth during the period 2021-2026.
We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
Banana bread refers to a sweet bread characterized by a chewy texture. It is prepared by mixing mashed bananas, flour, eggs, oil, butter, sugar, baking powder, spices, nuts, milk and other flavors. Banana bread is widely available in flavored and unflavored variations. Consuming banana bread helps boost energy, promote muscle health, regulate blood pressure, and maintain heart health as it contains a rich amount of fiber, potassium, protein, carbohydrates, and vitamins. .
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Market trends
Growing demand for nutritious baked goods among the health conscious population and changing food preferences are the main driving force behind the growth of the market. In addition, rapid urbanization and the inflation of disposable income of the masses have increased the demand for prepackaged ready meals, thereby catalyzing the banana bread market. In addition, the continued launch of many flavored variants, such as banana bread with chocolate, blueberry and strawberry flavors, also acts as a growth promoter. In addition, the introduction of gluten-free and organic banana bread, along with the wide availability of the products in both online and offline retail channels, are expected to further boost the global banana bread market in the coming years. .
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List of Key Companies Covered By This Market Report:
- Banana Bread Co.
- Banana Manna
- Big Banana Bread Co.
- Dank Brooklyn LLC
- General Mills Inc.
- King Arthur Bakery Company Inc.
- Mom Ka’z
- Orwashers New York Original Artisans Bakery (Oven Artisans Inc.)
- Papa Joe’s bakery
- Simple mills
- The elegant farmer
- L’Essentiel Boulangerie Inc.
The report has segmented the market on the basis of product, distribution channel, end user, and geography.
Breakdown by product:
- Without taste
- Fragrant
- Nuts
- Chocolate
- Vanilla
- Cream cheese
- Others
Breakdown by distribution channel:
- Supermarkets and hypermarkets
- Convenience Stores
- Online stores
- Others
Breakdown by end user:
Distribution by geography:
- North America (United States and Canada)
- Europe (Germany, UK, France, Italy, Spain, Russia and others)
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Australia and others)
- Latin America (Brazil, Mexico)
- Middle East and Africa
Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- Value chain
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization.
Related report from the IMARC group:
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Fish Protein Hydrolyzate Market Report: https://www.imarcgroup.com/fish-protein-hydrolysate-market
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About Us
The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.
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