Export News
15-04-2024
Forget about banana bread; a new banana product is taking the world by storm: raw banana powder. With its diverse applications and growing customer interest in natural and nutritious food alternatives, the global banana powder market is significantly expanding. This isn't your typical fruit leather; it's a powder. It's made by dehydrating and grinding fresh bananas into a concentrated banana flavor.
Raw banana powder is widely used in the culinary industry for baking, baby food, and healthy snacks. It's favored in the cosmetics industry for its skin-friendly properties. Even the pharmaceutical industry is researching potential health benefits.
As plant-based diets become increasingly popular and the demand for gluten-free options grows, the banana powder industry is continuously expanding. As a valuable ingredient, banana powder emerges as a natural, gluten-free solution for enhancing the flavor and nutrition of various food and beverage products, presenting broad market prospects.
In this blog, we'll discuss India's banana powder exports, along with the latest insights on banana powder export data, Indian banana powder exporters, and banana powder HS codes.
How Big Is the Banana Powder Market?
The banana powder industry is no longer a niche enterprise. It's a rising star with tremendous growth potential in the coming years.
According to global trade data, the banana powder market value is expected to range from $1.16 billion to $1.25 billion by 2021 to 2022. Experts predict that by 2030, the market size will reach $2.42 billion, with a compound annual growth rate (CAGR) of 7.6%.
The top three product categories for banana powder are HS codes 11063090, 9807209090, and 11063010. If you need the latest market insights, such as banana powder export data or Indian banana powder export data, feel free to contact Tendata.
Let's Explore the Top Banana Powder Manufacturers!
Top 10 Banana Powder Manufacturers:
1. Cool Milling Ventures Corporation
2. Banatone Industries Corporation
3. Chikita Brand International Corporation
4. Pengriley Life Sciences Pvt. Ltd.
5. Safe Foods Pvt. Ltd.
6. Taj Agro International Corporation
7. Maive International
8. Jugal Group
9. International Agro Group
10. Diana Foods Corporation
Banana Powder Exporting Countries:
According to banana powder export data, India ranks first globally in terms of total shipment volume. Here are the top 10 major banana powder exporting countries:
1. India
2. Ecuador
3. Philippines
4. China
5. Brazil
6. Costa Rica
7. Indonesia
8. Guatemala
9. Colombia
10. Angola
If you need updated Indian banana powder export data, banana export data, or banana HS codes, please visit Tendata.
Looking for Banana Powder Exports from India?
Tendata can help you obtain banana powder export data, Indian banana powder export data, banana powder HS codes, and more. We have databases for over 200 countries, including Vietnam, the USA, Turkey, and Bangladesh. We also provide current market information, trends, and insights, helping you expand your company in the global trade arena. Schedule a free live demo now!
"Customs data contains vast information, and extracting relevant customer contact details can be time-consuming, often yielding results that fall short of expectations. Is it really the case? Or is it because customs data is being utilized incorrectly, resulting in wasted effort and time?
Developing customers using customs data involves precisely characterizing all buyers and their procurement systems in the target market. This allows for the quick identification of the most compatible customers, discerning their credit systems and procurement details. It aids in defining high-quality customers and profit margins, enhancing development efficiency, and improving overall effectiveness. When using customs data to develop new customers, consider the following three approaches. (>>>Click to Get Free Access to Customs Data for 90+ Countries)
I. Establish Customer Resource Database by Country
The establishment of a customer resource database is akin to a personalized work record. Start by using trade tracking functionality to compile a list of all customers in a country. Then, analyze each buyer's purchase volume, procurement cycle, product specifications, and supplier system. Pay special attention to the diversification or singularity of a buyer's supply channels, as buyers with diverse supply sources are preferable. Finally, filter out 30% of the potentially high-quality customers from that country and record them in your customer resource database. The database can be flexibly organized by country, time, customer name, follow-up steps, contact phone, email, contact person, etc. (>>>Click to Develop New Customers)
II. Establish Customer Resource Database by Peer Companies
Have a good understanding of the English names (including full names, abbreviations, etc.) of peer companies. Utilize the global supplier networking feature to compile a list of all customers associated with these peer companies. The critical step is to analyze customers from these peer companies based on purchase volume, procurement cycle, product models, etc. Finally, filter out key customers from your identified peers and record them in your customer resource database. (>>>Click to Apply for Free Trial)
III. Identify Newly Appeared Customers in Each Country
Use the trade search function to identify customers newly appeared in a country. Choose the country, set the date range, limit the product name or customs code, and check the "Newest" option. The search results will display high-quality customers that have newly emerged in that country within the specified time frame. Since these customers are new, they may have just started transactions, and the stability of their suppliers may be uncertain. It's essential to focus on following up with these new potential buyers and record them in your customer resource database. (>>>Click to Apply for Free Trial)
These three approaches for developing customers using customs data can be implemented based on the actual needs of the company and oneself. Consider the market environment, industry characteristics, strategic requirements, etc., to find a suitable method. The ultimate goal is to establish and organize a categorized archive of high-quality customers. Once you identify suitable customers, the next step is to precisely contact them through various channels, such as phone calls, emails, and online communication.
Category
Leave Message for Demo Request or Questions