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BANANA INDUSTRY

Banana is the leading fruit grown in the Philippines and a consistent top-dollar earner. Its prospects in the domestic and foreign market continuously increase as demand for fresh and processed banana is on the rise. While the Cavendish variety constitutes the bulk of export earnings for bananas, the cardava variety is gaining a niche as a banana chip as another emerging export winner.

The banana industry specifically the cardava variety is one of the priority industries of Davao Oriental due to its high growth potential. Based on projections, cardava banana chips export performance will grow at an average of 10% per year; the local market for cardava in urban centers is growing as alternative healthy snack food such as banana cue, fried banana, turon, etc.; and, domestic demand for lakatan and latundan (both table bananas) is expected to increase at an average of at least 3% per year.

Based on the record, Davao Oriental has 27,931.00 hectares of areas planted for bananas and it has an average production of 16.5 metric tons/ha/yr.

Quick Facts

Total Land Area 516,446 ha


Total Agricultural Area 315,600 ha


Total Area Planted to Abaca 4,761.93 has


Total No of Farmers Involved 5,736


Areas Into Abaca Planting Province wide


Average Yield/Ha/Yr (Kgs) 950-1,200 Kgs

Investment Opportunities

Banana production expansion (cardava)

Banana chips processing plant


Banana flour processing plant


Banana vinegar processing

Banana catsup processing plant


Commercial banana cake making


Tissue culture laboratory


Banana Seedling nursery

Existing Players

Banana farmers


Banana traders/ consolidator


Banana chips processors


Micro banana processors (local snacks or


kakanin)

Private Cavendish plantation


Anflocor plantation (banana exporter)


Financing institution for banana farms

Existing Facilities 

Banana chips processing plants


Banana chipper maker

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