The Global Banana Flour Market was valued at USD 471 Million in 2025 and is projected to reach USD 717 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period (2025–2034). This robust growth is being driven by rising consumer demand for gluten-free alternatives, the expansion of the health and wellness food sector, and the increasing adoption of functional ingredients like resistant starch and dietary fiber in nutritional supplements and sports drinks.

As the food industry transforms toward healthier and more sustainable ingredients, the spotlight is on the key suppliers who are driving innovation, supply chain efficiency, and cleaner production pathways. In this blog, we profile the Top 10 Companies in the Banana Flour Industry—a mix of multinational ingredient giants, specialized processors, and sustainability pioneers shaping the future of global health-focused foods.

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🔟 1. Diana Foods (Symrise AG)

Headquarters: Elven, France
Key Offering: Organic Banana Flour, Green Banana Powder, Custom Formulations

Diana Foods, a part of the global Symrise AG group, is a leading global supplier of natural ingredients, with a strong portfolio in fruit and vegetable powders. Their banana flour is produced from carefully selected green bananas, emphasizing high resistant starch content and nutritional integrity. The company serves major food and beverage manufacturers worldwide, providing ingredients for applications ranging from baby food to functional snacks.

Sustainability Initiatives:

• Commitment to sustainable and traceable sourcing from certified farms

• Investment in energy-efficient spray-drying technologies to reduce carbon footprint

• Partnerships with growers to minimize food waste by utilizing green bananas

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9️⃣ 2. NuNatural, Inc.

Headquarters: Eugene, Oregon, USA
Key Offering: Premium Organic Banana Flour, Gluten-Free Baking Blends

NuNatural has established itself as a key player in the North American health food market, specializing in high-quality, organic, and non-GMO ingredients. The company’s banana flour is a staple in the gluten-free and paleo diet communities, valued for its fine texture and mild flavor. NuNatural supplies both direct-to-consumer channels and health food brands.

Innovation Initiatives:

• Focus on clean-label, single-ingredient products for health-conscious consumers

• Development of proprietary blending techniques for optimized baking performance

• Strong online presence and educational content to drive consumer adoption

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8️⃣ 3. NOW Foods

Headquarters: Bloomingdale, Illinois, USA
Key Offering: Banana Flour, Nutritional Supplements, Bulk Ingredients

NOW Foods is a renowned manufacturer and distributor of natural products, including a wide array of dietary supplements and specialty foods. Their banana flour offering is part of a broader commitment to providing affordable, high-quality health ingredients. NOW Foods leverages its extensive distribution network to make banana flour accessible in retail stores and online globally.

Quality Initiatives:

• Rigorous quality assurance and testing protocols (GMP Certified Facilities)

• Focus on value-driven pricing to increase market penetration

• Extensive product line integration, promoting banana flour as a supplement base

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7️⃣ 4. International Agriculture Group (IAG)

Headquarters: Tampa, Florida, USA
Key Offering: Conventional & Organic Banana Flour, Bulk Commodities

International Agriculture Group is a major supplier of raw and processed agricultural products, with a significant footprint in tropical fruit ingredients. IAG specializes in large-volume sourcing and supply chain management, providing consistent quality banana flour to industrial food manufacturers and ingredient distributors across continents.

Supply Chain Initiatives:

• Vertically integrated operations from sourcing to processing for quality control

• Strategic partnerships with banana producers in Latin America and Southeast Asia

• Focus on meeting the specific technical requirements of large-scale food producers

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Banana Flour Market – View in Detailed Research Report

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6️⃣ 5. Stawi Foods and Fruits Limited

Headquarters: Nairobi, Kenya
Key Offering: Stawi Banana Flour, Baby Food Ingredients

Stawi Foods is a pioneering African company focused on creating value-added products from local crops. They are a leading producer of banana flour in East Africa, sourcing directly from smallholder farmers. Stawi’s products are known for contributing to food security and providing a nutritious, gluten-free staple for the local and export markets.

Sustainability Initiatives:

• Empowering local smallholder farmers through fair-trade practices

• Addressing post-harvest losses by creating a market for imperfect bananas

• Focus on nutritional education and combating malnutrition in regional markets

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5️⃣ 6. Natural Evolution Foods

Headquarters: Gympie, Queensland, Australia
Key Offering: Natural Evolution Green Banana Flour, Retail & Bulk Packs

Natural Evolution Foods is an innovator in the banana flour space, having developed a patented, nutrient-retentive drying process. Their flagship product, Green Banana Flour, is recognized for its high resistant starch content and is marketed as a “world-first” certified gluten-free flour. The company operates with a strong focus on sustainability and waste reduction.

Innovation Initiatives:

• Patented “NutroLock” processing technology to preserve nutrients

• Direct-to-consumer brand building alongside B2B ingredient supply

• Pioneering the use of “ugly” or surplus bananas to reduce food waste

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4️⃣ 7. Z-Company (Zhongshan)

Headquarters: Zhongshan, Guangdong, China
Key Offering: Food & Feed Grade Banana Powder, Customized Blends

Z-Company is a significant processor in the Asia-Pacific region, capitalizing on the growing demand for fruit powders both domestically and for export. The company offers a range of banana flour grades, catering to the food, beverage, and animal feed industries. Its competitive pricing and flexible manufacturing make it a key supplier in the region.

Market Initiatives:

• Expanding production capacity to meet growing Asian demand for health foods

• Cost-effective production for price-sensitive market segments

• Development of customized formulations for specific client applications

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3️⃣ 8. Kanegrade Ltd.

Headquarters: Hertfordshire, United Kingdom
Key Offering: Banana Flour, Natural Ingredients, Flavor Systems

Kanegrade is a well-established European supplier of natural food ingredients, offering a comprehensive range of fruit and vegetable powders, including high-quality banana flour. The company provides technical support and formulation expertise to help food manufacturers integrate banana flour into new and existing products, from dairy alternatives to baked goods.

Technical Initiatives:

• Expertise in ingredient functionality and application development

• Strong regulatory knowledge for compliance in European and international markets

• Focus on providing consistent quality and technical data sheets for industrial clients

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2️⃣ 9. Jeeva Organic

Headquarters: Coimbatore, Tamil Nadu, India
Key Offering: Organic Banana Flour, Direct Trade Ingredients

Jeeva Organic is an Indian company dedicated to producing and exporting certified organic products. Sourcing from organic farms in Southern India, their banana flour appeals to the global demand for ethically produced, clean-label ingredients. The company is instrumental in promoting sustainable agriculture practices among local farmers.

Sustainability Initiatives:

• 100% certified organic and fair-trade sourcing model

• Investment in farmer training for sustainable banana cultivation

• Focus on building a transparent supply chain from farm to customer

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1️⃣ 10. KangMed (Zhejiang Kangweishi Biotechnology)

Headquarters: Hangzhou, Zhejiang, China
Key Offering: Medicinal Grade Banana Powder, Nutraceutical Ingredients

KangMed specializes in the research, development, and production of plant extracts and natural ingredients for the nutraceutical and pharmaceutical industries. Their banana flour is processed to meet stringent standards for purity and is targeted at high-value applications in dietary supplements and functional foods where specific health benefits are paramount.

Research Initiatives:

• Strong R&D focus on the health benefits of banana-derived resistant starch

• Production of specialized grades for the nutraceutical industry

• Collaborations with research institutions to validate health claims

Get Full Report Here:
Banana Flour Market – View in Detailed Research Report

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🌍 Outlook: The Future of Banana Flour Is Healthier and More Sustainable

The banana flour market is undergoing a significant transformation. While it remains a niche compared to traditional flours, the industry is experiencing increased investment in processing technologies, sustainable sourcing, and product innovation to meet the demands of health-conscious consumers globally.

📈 Key Trends Shaping the Market:

• Rising demand for clean-label and gluten-free products in North America and Europe

• Expansion of application areas into sports nutrition, baby food, and animal feed

• Growing consumer awareness of gut health benefits linked to resistant starch

• Increased focus on circular economy models by utilizing surplus or imperfect bananas

Get Full Report Here:
Banana Flour Market – View in Detailed Research Report

The companies listed above are not only supplying a versatile ingredient—they’re pioneering a shift towards more nutritious and sustainable food systems.