Banana Bread Market Size To Reach $1.65 Billion By 2030

Banana Bread Market Growth & Trends

The global banana bread market size is expected to reach USD 1.65 billion by 2030, registering a CAGR of 4.0% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising consumer preference for the nutritious and wholesome bakery products to carry a healthy lifestyle is the key factor for the industry growth. Moreover, banana has several medicinal properties, including improving the digestive system and heart health, thus expanding the scope of the global industry in the near future.

Such products are considered an excellent source of fiber, carbs, vitamins, minerals, phosphorus, and antioxidants. These nutritional properties of the fruit help in weight management and improving the digestive system and heart health. The rich content of carbs in banana bread helps to feel more tummy full, leading to weight loss. Vitamin C boosts immunity, fiber improves the digestive system, and potassium helps improve heart health. These health properties are expected to boost product demand over the forecast period.

North America was the largest regional market, accounting for more than 30.0% in 2019. The U.S. is one of the largest consumers, which is expected to offer immense growth opportunities for the North American market over the next few years. Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of 4.5% from 2020 to 2027. The adoption of these products is on the rise among consumers as the customers are increasingly adopting healthy bakery products.

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Banana Bread Market Report Highlights

• Unflavored banana bread accounted for a leading revenue share of 62.3% in 2024, aided by extensive awareness among consumers regarding this variety of bread and the availability of a wide range of products in this segment.

• The hypermarket & supermarket segment accounted for a leading revenue share in the global banana bread industry in 2024, aided by the increasing number of banana bread manufacturers and the intensifying competition among them.

• The online segment is anticipated to advance at the fastest growth rate from 2025 to 2030. The e-commerce industry's rapid growth has led people to shift to online platforms for their grocery and food orders.

• North America banana bread market accounted for a leading revenue share of 33.4% in 2024. Increasing awareness regarding the taste and health benefits of banana bread among regional citizens and the establishment of several small and large bakeries that specialize in fruit-based breads and other baked goods has driven market expansion.

Banana Bread Market Segmentation

Grand View Research has segmented global banana bread market report based on product, distribution channel, and region:

Banana Bread Product Outlook (Revenue, USD Million, 2018 - 2030)

• Flavored

• Unflavored

Banana Bread Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Hypermarket & Supermarket

• Convenience Stores

• Online

• Others

Banana Bread Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • U.K.

  • France

  • Spain

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

• Latin America

  • Brazil

  • Argentina

• MEA

  • UAE

  • South Africa

List of Key Players in the Banana Bread Market

• General Mills Inc.

• Banana Bread Company

• Mama Kaz Bakery

• King Arthur Baking Company, Inc.

• Papa Joe's Bakehouse

• The Elegant Farmer

• Dank Banana Bread

• The Essential Baking Company

• Simple Mills

• DD IP Holder LLC