Banana Plantation. Banana Fruit Farming Business. Commercial Agriculture Cultivation

Banana is a very popular fruit due to its low price and high nutritive value. It is consumed in fresh or cooked form both as ripe and raw fruit.

Banana is a rich source of carbohydrate and is rich in vitamins particularly vitamin B. It is also a good source of potassium, phosphorus, calcium and magnesium. The fruit is easy to digest, free from fat and cholesterol. Banana powder is used as the first baby food. It helps in reducing risk of heart diseases when used regularly and is recommended for patients suffering from high blood pressure, arthritis, ulcer, gastroenteritis and kidney disorders.

Processed products, such as chips, banana puree, jam, jelly, juice, and wine can be made from the fruit. The tender stem, which bears the inflorescence is extracted by removing the leaf sheaths of the harvested pseudostem and used as vegetable. Plantains or cooking bananas are rich in starch and have a chemical composition similar to that of potato.

Banana fibre is used to make items like bags, pots and wall hangers. Rope and good quality paper can be prepared from banana waste. Banana leaves are used as healthy and hygienic eating plates.

Banana cultivation is a very profitable agriculture business in India. Tissue culture banana cultivation is the new trend to lower the risk and get higher banana production.

Banana is one of the most important major fruit crops grown in India. In respect of area it ranks second and first in production only after mango in this country. India leads the world in banana production with an annual output of about 16.820 mt. In India Karnataka leads in total area and production with 2514729 T from 71088 ha. The banana culture in India is as old as Indian civilization. It seems that it is one of the earliest fruit crops grown by mankind at the dawn of civilization. In India, bananas are so predominant and popular among people that poor and rich alike like the fruit. Considering the nutritive value and fruit value of bananas, it is the cheapest among all other fruits in the country.

Considering the year round availability of fruits, unlike the seasonal availability of other tree fruits, it has become an inevitable necessity in any household in India, for all functions. The bananas were grown in Southern Asia even before the prehistoric periods and the world's largest diversity in banana population is found in this area. Hence, it is generally agreed that all the edible bananas and plantains are indigenous to the warm, moist regions of tropical Asia comprising the regions of India, Burma, Thailand and Indo China.

Banana is also grown, in many other countries of the world namely Bangladesh, the Caribbean Islands, the Canary Islands, Florida, Egypt, Israel, Ghana, Congo, South Africa, Fiji, Hawaii, Taiwan, Indonesia, the Philippines, South China, Queensland and Sri Lanka.

Bananas and plantains are major staple food crops for millions of people in tropical developing countries.

India is the largest producer of bananas in the world, with 29.7 million tonne (MT) from an area of 0.88 million hectare, with a productivity of 37MT/ha.

Banana Processing Industry

The Indian banana processing industry has reported a significant growth in recent years, and is presenting ample opportunities to the industry players. With cold storage, infrastructure enhancement and rising awareness about packaged processed banana products, the Indian banana processing market is poised to scale newer acmes. Moreover, change in taste and preference of the consumer, increasing demand for healthy and nutritional food and government initiatives are set to further boost the market's growth.

The processed Banana market in India is at a very nascent stage. About 90% of banana produced in India is consumed domestically as fresh fruit. Merely 10% is consumed in processed form. The primary product of banana in market is “fried chips” which constitute around 38%, followed by banana powder (30%), banana jam/Puree (15%) and others (17%). Processed Banana products have created immense room for major players with significant growth opportunities. The production of Bananas which stood at 29.12 Million Metric Tonnes in FY 2016 has potential to report a significant growth in future. India has an excellent opportunity for the development of several value added products like juice, biscuit, banana powder etc.

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