During Q1’26, banana powder prices remained firm as higher transportation and processing costs offset the impact of improving banana exports from major producing countries. Feedstock availability improved moderately during the quarter, with Brazil exporting around 6,000 tons of bananas in January 2026 and nearly 7,000 tons in March, reflecting stronger export movement after earlier logistical slowdown. However, rising freight, insurance, and vessel-delay risks following the Strait of Hormuz disruption increased delivered costs for processed banana products globally. Upstream conditions remained uneven due to weather variability, plantation maintenance costs, ripening expenses, and higher fuel and fertilizer prices, which continued supporting production economics for banana powder manufacturers. Downstream demand from infant food manufacturers, bakery premixes, smoothie blends, health supplements, snack applications, and foodservice industries remained stable throughout the quarter, although buyers avoided aggressive stocking because of elevated logistics costs and sufficient inventories.
Analyst Insight
According to Procurement Resource, banana powder prices are expected to remain stable to firm, supported by elevated freight and processing costs, though improving banana export availability may limit sharper price increases.
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In 2024, the banana powder market followed the general trend of the banana industry, with prices moving upward due to rising raw material and production costs. In the first half of the year, higher food inflation, low output in key regions like India, and climate-related problems pushed up the cost of fresh bananas, which directly affected banana powder production. Issues such as Fusarium TR4 disease, rising fertilizer and energy costs, and labor shortages reduced supply and increased processing expenses. As a result, manufacturers faced higher input costs and gradually adjusted prices to maintain stable operations.
In the second half of 2024, banana powder prices remained firm as supply pressure continued in major producing countries. Extreme heat and weather problems reduced banana harvests in some regions, while exporters and producers pushed for better pricing to support sustainable farming. Higher support prices for bananas in exporting countries and ongoing climate challenges kept raw material costs elevated, which influenced the banana powder market. At the same time, demand from the food and nutrition industry remained steady, supporting stable market movement despite price pressure.
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
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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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