Banana powder prices followed the downward trend in fresh bananas during Q3 2026, as lower fruit costs reduced the main expense for processors. Global banana supply was heavy, led by Ecuador, the largest exporter, whose shipments rose 8.32% in the first seven months of the year. Higher temperatures increased fruit output, although the heat also made it harder for some fruit to meet export size and weight standards, and such fruit can move into processing instead. Demand for fresh fruit in Europe slowed in July with the low season and summer holidays, adding to available supply. In China, origin prices rebounded briefly in early August but then dropped sharply, pushing premium Hainan bananas well below farmers' break-even levels. Wholesale prices kept easing into late September, giving powder makers cheaper raw material. Infant food, bakery and beverage makers kept regular purchases, but buyers delayed larger contracts as they expected further cost relief.
Analyst Insight
According to Procurement Resource, in the near term, banana powder prices are likely to stay soft as cheap fresh fruit supply continues, though steady food industry demand may limit declines.
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During Q2 2026, banana powder prices remained firm during early April before becoming broadly stable to slightly softer toward May and June as feedstock pressure eased in key Asian producing markets. In the Philippines, raw banana costs increased sharply at the beginning of April as tighter availability raised procurement expenses for processors. However, conditions eased by mid-April and remained comparatively stable in May, reducing pressure on drying and powder-production costs. India also provided a softer supply signal as higher banana production was expected alongside an overall increase in fruit output, supporting availability for domestic processors. Malaysian raw banana costs remained relatively stable, while Sri Lanka and Pakistan experienced firmer fruit costs, creating some regional variation. Steady demand from bakery, beverages, baby food and nutritional products prevented a sharper decline in banana powder values.
Banana powder is made from fully matured banana fruits by either drum drying or spray drying. Processing bananas into banana powder extends their shelf life to more than 6 months, makes transportation easier, and allows proper banana utilisation.
Cosmetic industry
Chiquita Brands International Sàrl, Fresh Del Monte Produce Inc., Dole Food Company, Inc, Fyffes plc, Grupo Noboa S.A.
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Banana powder is made from banana pulp, which is cut into pieces and fed into a hydraulic shear with the assistance of a colloid mill to create a paste. Sodium metabisulfite is used to produce the paste a bright yellow colour. The paste is dried with the goal of producing banana powder.
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