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Inside the multi-billion-dollar banana industry and why it's under threat

Why you could soon be paying more for the world's most popular fruit
There are over 1,000 banana varieties, but one cultivar rules them all
How many bananas are consumed annually?
The global banana market is worth an estimated $140.84 billion (£110bn)
Who is the world's leading banana producer?
Who are the other top banana producers?
Which countries are the leading exporters?
The US has been the world's leading banana importer since 1961
What other countries import the most bananas?
Which countries rely the most on banana exports?
Which countries consume the most bananas per capita?
In what countries does the banana serve as a staple food?
Which country imports the most bananas per capita?
Which countries are the fastest-growing banana importers?
South Korea has the world's most expensive bananas
The banana is regarded by some scientists as the world's first fruit
Alexander the Great introduced the banana to Europe
Early bananas were packed with big seeds
How the banana got its name
The world's first banana plantations
The banana arrives in the New World
The coining of the term
The demise of the Gros Michel cultivar and the rise of the Cavendish
The problem with the Cavendish cultivar
The TR4 strain of Panama disease is spreading
Climate change is also putting the global banana industry at risk
Banana prices remain steady and inflation-proof... for now
No perfect alternative to the Cavendish exists at present
What are scientists doing to save the global banana industry?
The race against time to save the banana
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Suthat Chaithaweesap/Shutterstock

Why you could soon be paying more for the world's most popular fruit

Delicious, nutritious, and budget-friendly to boot, the humble banana is the world's favourite fruit. Estimates suggest that around 100 billion bananas are consumed each year, with the global industry worth many billions of dollars as a result.

But the future of the beloved fruit could be in jeopardy, with disease and climate change putting the most widely-grown variety at serious risk.

Read on to get an overview of the global banana market, unpeel the history of the humble fruit, and discover what scientists are doing to prevent the potential extinction of the much-loved staple.  

All dollar amounts in US dollars.

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Daniel Coughlin

26 March 2024

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