One Banana

What One Banana does

One Banana is a third-generation, family-owned vertically integrated banana producer and natural ingredients supplier, operating under legal entity Agrofruit Holding Corp. (Florida, USA) with operational roots dating to approximately 1964 and a 60-year cultivation tradition. The company owns and operates banana plantations in Guatemala, Peru, and Ecuador, leveraging volcanic soils and tropical microclimates, and runs a natural ingredients processing plant on the South Coast of Guatemala (operational since 2016) that converts premium bananas into aseptic banana puree (High Acid, Low Acid, Baby Food Grade, and Natural variants), banana flakes, and banana powder — all without additives, carriers, or preservatives, and compliant with FDA, USDA, HACCP, and BRC Global Standards.

The company serves two distinct customer bases. On the consumer/retail side, ONE Premium Bananas and USDA-certified ONE Organic Bananas (grown in Peru) are sold through major grocery retailers including Walmart, which has recognized One Banana as one of its most trusted suppliers; organic variants are packaged in distinctive purple packaging. On the B2B ingredients side, aseptic puree, flakes, and powder are sold to food and beverage manufacturers, baby food producers, and foodservice companies in industrial packaging formats (conical drums, GOODPACK MB5, cardboard totes). In March 2024, the company expanded into plantains with a ~70-hectare farm on the Pacific coast of Guatemala with its own packing plant.

The business model is anchored on B2B direct sales (sales-led GTM), quote-based pricing negotiated with enterprise customers, and revenue from both fresh produce retail distribution and value-added banana ingredients. The competitive moat rests on a deep stack of over a dozen international certifications (Rainforest Alliance, Global Gap, USDA Organic, EU Organic, JAS, FairTrade, BASC, BRC, HACCP, Kosher, Halal, Non-GMO, CTPA), a zero-waste production philosophy that converts retail-rejected fruit into ingredients, and an extensive ESG and community program (Human Development Center with University of Colorado since 2014, digital gap reduction programs, pollinator restoration with BeeHub, regenerative agriculture pilots with WWF and EARTH University) that supports buyer access with sustainability-focused retailers and manufacturers.

Name

One Banana

Legal name

Agrofruit Holding Corp.

Website

https://onebananas.com

Company type

Private

Founded year

1964

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

One Banana is a third-generation, family-owned vertically integrated banana producer and natural ingredients supplier, growing bananas on owned farms in Guatemala, Peru, and Ecuador, and selling fresh and organic bananas to retailers like Walmart plus aseptic puree, flakes, and powder to food and baby food manufacturers.

Ownership category

akta.pro rank

Product category

Banana Production and Ingredients

NAICS

Berry (except Strawberry) Farming (111334)

SIC

Agricultural Production-Crops (100), Food And Kindred Products (2000), Canned, Fruits, Veg, Preserves, Jams & Jellies (2033)

akta.pro primary industry

Dried Fruit & Fruit Snacks Manufacturing (AFAKAIAL)

akta.pro secondary industry

Canned Fruits Manufacturing (AFAKACAA)

Keywords

• Fresh banana production
• Organic bananas
• Banana puree ingredients
• Banana flakes powder
• Vertically integrated agriculture

Headquarters

HQ city

Coral Gables

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fresh Premium Bananas: Sale of conventionally grown premium bananas and USDA-certified organic bananas to retail grocery chains. Bananas are distributed under the ONE Banana brand in grocery stores, with organic variants in distinctive purple packaging.
2. Banana Ingredients (Puree, Flakes, Powder): B2B sale of aseptic banana puree, banana flakes, and banana powder to food and beverage manufacturers, baby food producers, and foodservice companies. Products are manufactured from sustainably grown premium bananas from own certified plantations in Guatemala and organic farms in Peru.
3. Organic Bananas: USDA-certified organic bananas sourced from own organic farms in Peru, sold at retail under the ONE Banana organic label in purple packaging.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

One Banana is a third-generation, family-owned, vertically integrated banana company that grows, packs, and processes bananas from its own certified plantations in Guatemala, Peru, and Ecuador. It sells fresh premium bananas and USDA-certified organic bananas to major retailers, and converts banana surplus into aseptic banana puree, banana flakes, and banana powder sold as B2B ingredients to food and beverage manufacturers, baby food producers, and foodservice companies. The company recently expanded into plantains with new farms along the Pacific coast of Guatemala.

Product overview

One Banana operates as a vertically integrated, third-generation family-owned company offering two main product lines: fresh bananas (ONE Premium Bananas and ONE Organic Bananas) and natural banana ingredients. The fresh banana division encompasses conventional and USDA-certified organic bananas sourced from company-owned farms in Guatemala, Peru, and Ecuador. The natural ingredients division, operated from a processing plant on the South Coast of Guatemala since 2016, transforms premium bananas into value-added products including Banana Puree (in High Acid, Low Acid, Baby Food Grade, and Natural varieties), Banana Flakes, and Banana Powder—all produced without additives or preservatives. The company has recently expanded into plantains with new farms in Guatemala.

Differentiator

Problem solved

Functional benefit

Products and services

• ONE Premium Bananas

Quantifiable outcome

• Zero-waste production cycle: bananas that do not meet retail quality standards are converted into natural ingredients (puree, flakes, powder), maximizing utilization and reducing food loss.
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• World Banana Forum (WBF)coreStrategic or Co-development Partner · 12 March 2024Javier Aguirre, Corporate Affairs and Chief Sustainability Officer for One Banana, participated in the 4th Global Conference of the World Banana Forum at FAO headquarters in Rome in March 2024. One Banana was invited to infuse fresh ideas into the WBF Steering Committee, representing the European market sustainability perspective. Topics covered included fair value distribution, living wages, gender equity, and Fusarium Wilt TR4 strategies.
• BeeHubcoreStrategic or Co-development Partner · 22 April 2022One Banana and BeeHub (an organization specializing in protection and conservation of bees through rescues, creation of native bee sanctuaries and environmental education) created a Macro Bee Sanctuary concept as part of a regenerative project to promote pollinator conservation and increase biodiversity. The pilot project is expected to be replicated across 980+ hectares of conserved forest.
• Association of Independent Banana Producers (APIB)minorStrategic or Co-development Partner · 1 January 2019The Digital Gap Reduction program was carried out in partnership with APIB. It aims to provide technological tools that allow students to have access to educational programs in rural schools. In 2019, this program benefited 5,943 children from 23 schools.
• University of ColoradocoreStrategic or Co-development Partner · 1 January 2014Since 2014, AgroAmerica (parent) in partnership with the University of Colorado established the Human Development Center (CDH) providing affordable healthcare in southwestern Guatemala. The Research Center within the CDH, run in partnership with the University of Colorado, aims to measure the incidence of endemic diseases to develop action plans to diminish them.
• WWF (World Wildlife Fund)coreStrategic or Co-development PartnerOne Banana launched a regenerative agriculture pilot project in partnership with WWF and EARTH University, as part of the company's 'regenerate the earth and its resources' strategy.
• EARTH UniversitycoreStrategic or Co-development PartnerOne Banana launched a regenerative agriculture pilot project in partnership with WWF and EARTH University, focused on regenerative agriculture practices and sustainability.
• Government of Guatemala (Ministry of Labor, municipalities)minorStrategic or Co-development PartnerOne Banana partnered with government municipalities and NGOs to donate bananas and supplies during COVID-19 and natural disasters. Sara Pérez Bajan received the Order of Labor Excellence 2018 award presented by the Government of Guatemala through the Ministry of Labor and Social Welfare.
• Various NGOs, Municipalities, Red Cross, Firefighters, National Civil PoliceminorStrategic or Co-development PartnerOne Banana cultivated 167 alliances with NGOs, municipalities, health centers, firefighters, the National Civil Police, Red Cross and other organizations to donate supplies and bananas to communities during the COVID-19 pandemic and hurricanes Eta and Iota in 2020.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Dole plc: Global fresh produce company with a leading banana franchise plus diversified fresh and value-added products. Direct comparable as a vertically integrated banana grower-shipper to retailers worldwide, competing with One Banana for shelf space at major grocery chains.
• Turbana: Colombian banana producer and exporter owned by Uniban, selling under branded programs in the U.S. and Europe. Direct peer — Latin American banana grower with retail-branded positioning and similar third-party sustainability certifications competing in the same North American retail channel.
• Fyffes: Irish-headquartered banana and tropical produce company with owned plantations in Latin America. Direct comparable — vertically integrated banana sourcing, ripening, and distribution to European and North American retailers, historically of similar scale to One Banana.
• Bonita (Banana Marketing International): Spanish banana brand/marketer sourcing from Canary Islands and Latin America. Comparable as a retail-branded banana supplier with sustainability certifications, competing for European retail private-label and branded banana programs.
• Chiquita Brands International: One of the world's largest banana producers with owned farms in Latin America and direct retail distribution in the U.S. and Europe. Directly comparable operating model — vertically integrated Latin American banana production sold to the same enterprise retail customers as One Banana.
• Fresh Del Monte Produce: Vertically integrated producer and distributor of fresh produce including bananas, pineapples, and prepared fruit products. Closely comparable as a public, vertically integrated producer with both fresh-fruit and value-added product lines serving global retailers and foodservice.

Broad incumbents

• Wild Flavors and Specialty Ingredients (ADM): Global flavors and specialty ingredients platform within ADM serving food and beverage manufacturers with fruit-based ingredients and flavor systems. Broad incumbent overlapping with One Banana's banana ingredients business for food manufacturer customers.
• Cargill: Diversified global agribusiness and food ingredient supplier with sourcing, processing, and distribution across Latin America. Broad incumbent comparable through both its tropical-sourcing footprint and its food-ingredient capabilities adjacent to One Banana's banana puree/flakes/powder business.
• SunOpta: Large North American fruit- and plant-based ingredients company producing purees, concentrates, and powders for food and beverage manufacturers. Broad incumbent in the same banana/fruit ingredient category, with broader portfolio and greater scale than One Banana's ingredients division.

Emerging players

• Ciranda: U.S.-based supplier of organic and non-GMO fruit purees, powders, and ingredients to food manufacturers. Comparable as an emerging banana/fruit ingredient supplier — partial overlap with One Banana's aseptic puree/flakes/powder business targeting baby food and clean-label manufacturers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ONEBananas
• YouTubeyoutube.com/channel/UCjIXiqtdXUHz7ydpgso01RQ
• Facebookfacebook.com/ONEBananas
• LinkedInlinkedin.com/company/onebanana
• Instagraminstagram.com/onebananaco
• Pinterestpinterest.com/onebananas

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about One Banana