date sugar Market

Date sugar is a sort of sugar most commonly found in natural food stores since it is less processed than regular sugars. It is produced using dried dates and adds a rich sweetness to recipes.

The global date sugar market accounted for US$ 2,036.5 Mn in 2018 and is expected to grow at a CAGR of 4.2% during the forecast period 2019 – 2027, to account for US$ 2,942.1 Mn by 2027. Date sugar is available in various forms such as granules and crystal, powdered, syrup or liquid. The growing demand of these forms in various products such as bakery, confectionery, processed snacks and sauces is expected to drive the market growth, Also, the high demand for low GI foods among the diabetic and normal consumer is expected to provide lucrative opportunities for market players.

Based on end-use, the date sugar market has been segmented into bakery, confectionery, dressings and condiments and sauces and spreads. The bakery dominated the date sugar market in 2018, whereas sauces and spreads segment is projected to grow at a faster pace over the forecast period. Increasing consumption of bakery products like cakes and pastries, biscuits, breads, and breakfast goods and ready-to-eat foods across the globe owing to hectic lifestyle is expected to fuel the bakery products demand over the forecast years. Various factors affecting the bakery industry growth are flavors and fat content along with texture and sweetness. Date sugar is used in bakery product to enhance the taste and texture. High demand for functional baked products, such as gluten-free, high-fiber, and Trans fat products, is expected to drive the demand for bakery products in date sugar market.
         
In 2018, North America held the largest share of the global date sugar market. The demand for date sugar is expected to increase in the region due to rising awareness about health benefits offered by date sugar. Also, the growth in demand for various end use such as bakery, confectionery, processed snacks, dressings and condiments, sauces and spreads is also driving the market growth in North America region. The date sugar manufacturers are expanding their production activities in countries such as Canada and US so as to meet the rising demands of date sugar in the region which is also expected to provide great opportunities for date sugar products’ manufacturers and lead to the growth of date sugar market.
 
Some of the players present in global date sugar market are Bob’s Red Mill Natural Foods, Date Lady, Naturalia Ingredients srl, NOW Foods, GloryBee, Ario Co, Barry Farm Foods, Hain Daniels Group, PANOS brands and MGT Dried Fruit among others.

The overall global date sugar market size has been derived using both primary and secondary source. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the date sugar market. Also, multiple primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the date sugar market.