What is the forecast for banana market in 2028?

Banana analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download. The Banana Market is expected to reach USD 139.72 billion in 2023 and grow at a CAGR of 0.8% to reach USD 145.40 billion by 2028.

Can AI-based banana disease and pest detection system support banana farmers?

The aim of this research is to develop an AI-based banana disease and pest detection system using a DCNN to support banana farmers. Large datasets of expert pre-screened banana disease and pest symptom/damage images were collected from various hotspots in Africa and Southern India.

What is the demand for bananas in 2020?

The demand for bananas is anticipated to grow further during the forecast period due to the increasing health consciousness among consumers. Asia-Pacific leads the banana market with a 55.4% share of global production in 2020.

What factors will drive the growth of the banana market?

The increasing production of bananas in the region fueled by the increasing domestic consumption and export potential is one of the factors expected to drive the growth of the banana market in the coming years. The banana market is consolidated, with a few major players dominating the market.