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Date Sugar Market Report and Forecast 2024-2032

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    Report

  • 138 Pages
  • May 2024
  • Region: Global
  • Expert Market Research
  • ID: 5973903
According to the report, the global date sugar market size reached a value of USD 2.12 billion in 2023. Aided by factors escalating demand for natural sweeteners and the expanding application spectrum of date sugar across diverse sectors, the market is projected to further grow at a CAGR of 5.30% between 2024 and 2032 to reach a value of USD 3.56 billion by 2032.

Date sugar, derived from the humble yet versatile date fruit, stands as a natural alternative to traditional sweeteners like refined sugar and high fructose corn syrup. Renowned for its inherent sweetness and rich nutritional profile, date sugar has garnered immense traction not only among health-conscious consumers but also within the realms of food processing, confectionery, and beverage sectors. As a minimally processed product, date sugar retains the wholesome goodness of dates, offering essential vitamins, minerals, and dietary fibre along with its sweetening properties.

The burgeoning demand for date sugar is underpinned by several key drivers shaping the contemporary food and beverage market. Primarily, the escalating consumer inclination towards healthier dietary choices has propelled the adoption of natural sweeteners like date sugar. With mounting awareness regarding the adverse health effects of excessive sugar consumption, discerning consumers are actively seeking out alternatives that promise sweetness without compromising on nutritional value, consequently driving up the date sugar market share.

Furthermore, the expanding application scope of date sugar across various sectors augments its market growth trajectory. In the food sector, date sugar serves as a versatile ingredient, imparting a unique sweetness profile to an array of products ranging from baked goods and snacks to sauces and dressings. Its natural affinity for enhancing flavours and textures makes it a favoured choice among chefs and food manufacturers seeking to cater to the evolving palate preferences of consumers, leading to date sugar market growth.

Moreover, the rising prevalence of lifestyle-related ailments such as obesity and diabetes has prompted both consumers and food manufacturers to pivot towards healthier ingredients. As a low-glycaemic index sweetener, date sugar offers a viable solution for formulating healthier food products without compromising on taste or quality, thereby fostering its widespread adoption across the food and beverage sector.

As per the date sugar market analysis, there is a projected increase in demand for liquid date sugar due to its versatility in various culinary applications like baking, confectionery production, and beverage making. The popularity of liquid date sugar is due to its enhanced ability to dissolve in food compared to its powdered form. Supermarkets and hypermarkets are anticipated to hold a significant share of the global date sugar market in the upcoming period. This is because customers tend to prefer these stores as convenient, all-in-one shopping destinations for their grocery requirements. These retail establishments offer a wide array of products in a single location, providing customers with a comprehensive shopping experience.

The Middle East and North Africa (MENA) region emerge as the leading producers and exporters of date sugar, owing to the abundant availability of date palms and the longstanding cultural heritage associated with date cultivation. Countries such as Saudi Arabia, Egypt, and Iran constitute major hubs for date sugar production, catering to both domestic and international markets.

Moreover, North America and Europe present lucrative growth opportunities for the date sugar market, driven by the increasing prevalence of health-conscious consumer demographics and the growing demand for natural and organic food products. The Asia-Pacific region, encompassing emerging economies like India and China, also demonstrates substantial potential for market expansion, fuelled by rising disposable incomes and evolving dietary preferences among consumers, leading to date sugar market expansion.

Market Segmentation

The market can be divided based on the form, nature, distribution channel, application, and region

Market Breakup by Form

  • Liquid
  • Powdered

Market Breakup by Nature

  • Organic
  • Conventional

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others

Market Breakup by Application

  • Food Processing
  • HoReCa
  • Retail

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global date sugar market. Some of the major players explored in the report are as follows:
  • Now Health Group, Inc.
  • Savitur Industries
  • GloryBee Natural Sweeteners Inc.
  • Naturalia Ingredients s.r.l
  • Date Lady, Inc.
  • Panos Brands, LLC
  • Asia Foods International
  • Al Barakah Dates Factory LLC
  • Ario Date Co.
  • DATEible
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Date Sugar Market Analysis
8.1 Key Industry Highlights
8.2 Global Date Sugar Historical Market (2018-2023)
8.3 Global Date Sugar Market Forecast (2024-2032)
8.4 Global Date Sugar Market by Form
8.4.1 Liquid
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Powdered
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Date Sugar Market by Nature
8.5.1 Organic
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Conventional
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Date Sugar Market by Distribution Channel
8.6.1 Supermarkets and Hypermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Speciality Stores
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Online
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Date Sugar Market by Application
8.7.1 Food Processing
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 HoReCa
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Retail
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.8 Global Date Sugar Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Date Sugar Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Date Sugar Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Date Sugar Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Date Sugar Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Date Sugar Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Now Health Group, Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Savitur Industries
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 GloryBee Natural Sweeteners Inc.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Naturalia Ingredients s.r.l
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Date Lady, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Panos Brands, LLC
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Asia Foods International
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Al Barakah Dates Factory LLC
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Ario Date Co.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 DATEible
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Date Sugar Market: Key Industry Highlights, 2018 and 2032
2. Global Date Sugar Historical Market: Breakup by Form (USD Billion), 2018-2023
3. Global Date Sugar Market Forecast: Breakup by Form (USD Billion), 2024-2032
4. Global Date Sugar Historical Market: Breakup by Nature (USD Billion), 2018-2023
5. Global Date Sugar Market Forecast: Breakup by Nature (USD Billion), 2024-2032
6. Global Date Sugar Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global Date Sugar Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Global Date Sugar Historical Market: Breakup by End-Use (USD Billion), 2018-2023
9. Global Date Sugar Market Forecast: Breakup by End-Use (USD Billion), 2024-2032
10. Global Date Sugar Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Date Sugar Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Date Sugar Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Date Sugar Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Date Sugar Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Date Sugar Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Date Sugar Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Date Sugar Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Date Sugar Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Date Sugar Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Date Sugar Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Date Sugar Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Date Sugar Market Structure

Companies Mentioned

  • Now Health Group, Inc.
  • Savitur Industries
  • GloryBee Natural Sweeteners Inc.
  • Naturalia Ingredients s.r.l
  • Date Lady, Inc.
  • Panos Brands, LLC
  • Asia Foods International
  • Al Barakah Dates Factory LLC
  • Ario Date Co.
  • DATEible

Methodology

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Table Information