Showing posts with label Banana Plantation Business. Show all posts
Showing posts with label Banana Plantation Business. Show all posts

Monday, December 29, 2014

How to Start Banana Plantation | Business Ideas

Banana Plantation | Business IdeasA banana plantation is a commercial agricultural facility found in tropical climates where bananas are grown. Unlike starting other tree farms and orchards, starting a banana farm and growing bananas are easier and less complicated. Although growing bananas still require ones attention, the level of skill required is not as intensive as other trees. 

Banana growing is a significant economic engine in many banana exporting countries because it is labor-intensive, delivers a relatively quick return on effort and investment, provides a weekly income year round, and the crop recovers quickly from hurricanes and other natural disasters. Banana industry exports worldwide total over 100 million tons in a market which generates over US$5 Billion per year and employs millions of workers. 

Banana plants may grow with varying degrees of success in diverse climatic conditions, but commercial banana plantations are primarily found in equatorial regions, in banana exporting countries. The four leading banana export countries worldwide are Ecuador, Costa Rica, Philippines, and Colombia. Ecuador provides more than 33% of the global banana export. In 2004, banana producing countries totaled 130. Production, as well as exports and imports of bananas, are nonetheless concentrated in a few equatorial countries. 75% of total banana production in 2004 was generated in 10 counties. India, Ecuador, Brazil and China produced half of total bananas. Latin American and Caribbean countries lead banana production up to the 1980s, and Asian nations took the lead in banana production during the 1990s. African production levels have remained mostly unchanged.