Date Sugar Market SWOT Analysis by TOP Leaders- Bob’s Red Mill Natural Foods, Date Lady, Naturalia Ingredients SRL, Now Foods, Barry Farms, Teeccino

The date sugar market accounted for US$ 2,036.5 million in 2018 and is expected to grow at a CAGR of 4.2% from 2019 to 2027 to reach US$ 2,942.1 million by 2027.

Date sugar is known as alternative sugar for cane sugar and other sugar products. It is most preferred by consumers since it is less processed than regular sugars. It is processed using dried dates, and while adding to any recipes, it delivers a rich sweetness. It is available in various forms, including granules and crystal, powdered, syrup, or liquid.

The growing demand for these forms in various food products such as bakery, confectionery, processed snacks, and sauces is expected to drive market growth. In addition, the high demand for low GI foods, mostly among the diabetic and normal consumers, is further presumed to provide lucrative opportunities for market players operating in the date sugar market.

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Some of the major key players operating in the global date sugar market include 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 many others.

Consumers nowadays tend to prefer more processed snacks and cereals. Processed snacks mostly include bakery & confectionery items, cereals, dairy, also other sweet snacks. However, these snacks possess high calories, sugar, fats, sodium, and other processed ingredients that might affect the health of the consumer. Consuming lots of these food products can increase the risk of heart diseases, obesity, high blood pressure, and elevated cholesterol.

Hence, the growing health concerns rising due to the consumption of such snacks have further shifted consumer’s preference towards healthy processed food. Date sugar is one of the major elements which manufacturers are adopting to add to their products. Additionally, several health benefits associated with date sugar and its ability to easily blending with other ingredients make it a suitable choice for processed snacks and cereals. All these factors are fueling the market growth for date sugar through the bakery and confectionary segment.

Reason To Buy:-
-Highlights key business priorities in order to assist companies to realign their business strategies.
-The key findings and recommendations highlight crucial progressive industry trends in the global date sugar market, thereby allowing players to develop effective long term strategies.
-Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
-Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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