date:Mar 11, 2014
olidation appears to them to be a strategy for survival, said Bananalink, a British-based group which works for more sustainable trade in bananas and pineapples.
The global banana market, worth $7 billion, is currently controlled by four multinationals, according to the United Nations: Chiquita (CQB.N), Fresh Del Monte (FDP.N), Hawaii-founded Dole Food Company and Fyffes (FFY.I).
Chiquita and Fyffes sell 180 million boxes of bananas a year between them, versus 117 million for Del Monte and 110