Banana is a fast growing and high biomass-yielding plant. India is the largest producer of banana next to mango. The major banana producing states are Maharashtra, kerela, Tamilnadu, Gujarat, Bihar, West Bengal, Assam, Andhra Pradesh and Karnataka.They are cultivated primarily for their fruit, and to a lesser extent to make fiber and as ornamental plants. The fruit averages 125 grams (0.28 lb), of which approximately 75% is water and 25% dry matter. Each individual fruit (known as a banana or 'finger') has a protective outer layer (a peel or skin) with a fleshy, edible inner portion. Both skin and inner part can be eaten raw or cooked.
About 90% of banana produced is consumed domestically as fresh fruit. Merely 5% is consumed in processed form providing a good potential for future processing. About 2.5% is only processed purely as banana products and the rest as an ingredient in other foods. About 17 varieties of products could be made from banana. The primary product of banana in market is “fried chips and candy” which constitute around 31 %,rest as banana puree 9%, banana pulp 3%, banana beer 3%, banana wafers 3%, banana powder 6% and others. There is a good market demand of all banana products. There is an ample of new local market growing in India. Most of the banana product manufacturers are in the small scale sector.
The government of India has set up a separate full-fledged ministry named “Ministry of Food Processing Industries “for the development and promotion of food processing industries. To boost fruits and vegetables processing, the ministry is extending financial support for setting up new units, modernization and upgradation of existing units.India has an excellent scope for development of several value added products like juice, biscuit, banana powder and industrial amylase enzyme with longer shelf life.
There are a few things that you should consider when preparing a banana project report. These include:
Although global banana market trends are quite promising, you need to survey the position of your local target market. Trends in the local market may be subject to global trends. Banana is the top crop in the world. Global banana exports grew by 5% in 2019. Ecuador and the Philippines are the top exporters. India increased its total harvesting area by 85% over the last decade to meet the increasing demand.
Last year, China had the highest import demand. This demand resulted from weather and disease-related factors that lowered their local production. America and Europe had an oversupply that greatly affected banana prices. Looking at the global market dynamics, you understand the importance of thoroughly reviewing trends in your local market.
As you plan to set up a banana business, looking into the future of banana-based industries is critical. After an analysis of the current demand-supply dynamics, you can project what the situation is likely to be in the future. Looking at changes in weather patterns and banana disease situation in your local and neighboring markets can be quite insightful. Expected changes in consumer behavior will also be handy in making projections.
Setting up a banana or any food manufacturing business has a lot of legal, health, and environmental factors to consider. What I have outlined below are the basic things you need to do, besides legal and technical requirements.
The first step towards a successful banana powder making business is preparing a manufacturing project report. This report will address all technical, financial, resource, and legal issues related to banana powder production. Besides a business, you should find practical answers to the following questions.
Banana powder making business has many opportunities. You can use the banana powder in cosmetics, pharmaceuticals, food, and animal feed industries. Here is a list of the different banana making business ideas.
Unlike fresh banana products like puree, banana powder has a shelf life of up to one year. As long as you have a banana powder business strategy, investing in banana powder is a worthwhile idea.
The Manufacturing Process of Banana Powder
Banana powder is among the most popular banana products. Banana powder is a product of processed bananas. The manufacturing process involves the following.
1. First, wash the ripened bananas in warm water.
2. Convert the bananas to a paste by passing them through a chopper and colloid mill
3. Next, you add a solution of sodium metabisulphite. Sodium metabisulphite improves the color of the finished powder.
4. Lastly, you dry the paste into powder using either spray drying or drum drying. Many banana powder manufacturers prefer drum drying because it recovers nearly all the solids.
5. You can package and store the finished banana powder for up to a year.
Apart from ripened bananas, you can also process banana powder from dried green bananas. If you store it in airtight containers, this powder can last for several months without expiring.
Reasons for buying our reports:
This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, market potential of the product and reasons for investing in the product
This report provides vital information on the product like its characteristics and segmentation
This report helps you market and place the product correctly by identifying the target customer group of the product
This report helps you understand the viability of the project by disclosing details like machinery required, project costs and snapshot of other project financials
The report provides a glimpse of government regulations applicable on the industry
The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decisions.
Our Approach:
Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years.
The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players
We use reliable sources of information and databases. And information from such sources is processed by us and included in the report
We can provide you detailed project reports on the following topics. Please select the projects of your interests.
Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.
We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.
Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.
We can modify the project capacity and
project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.