As per the current market trends and the promising nature of the global date sugar market, it can be estimated that the future holds positive outcomes. In order to provide a deep insight about the concerned market, Fact.MR would be publishing a resourceful analysis that will enclose knowledge about the regional market size, revenue and opportunity status. Readers will be offered the privilege to decode various facets of the market during the period “2018 to 2027”, together with the active access to secondary and primary research methodology. Furthermore, various segments of the market associated to product, application, end-user etc., would also be present in this intelligent research report.
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Date Sugar Market Outlook
Food industry globally is focusing prominently on natural sweeteners instead of artificial white and refined sugar. This has created a rising demand for refined sugar substitutes such as brown sugar, Date sugar and Palm sugar. The response of consumers towards Date sugar and unrefined sugar s gradually increasing as they consider these products healthier than white refined sugar. This shift is mainly due to food research that has suggested that, synthetically produced sugar and sugar products can have an adverse effect on one’s health. Additionally, consumers globally are getting more aware of multiple nutritional factors Date sugar possess and the associated benefits, such as added health benefits of reduced risks of diseases related to metabolism, obesity ,diabetes and increasing antioxidant levels. Consumers looking for ethical sourcing and quality product, Lure for sweet but healthy products are leaning towards date sugar.
Date Sugar Market: Reasons for Covering this Title
Date Sugar is a sweetener derived from dehydrated dates from any of the varieties of date trees. Date sugars are similar in their applications like all other forms of sugar. In general, Date Sugar is produced by dehydrated dates that are grounded to resemble granulated form of sugar. Date sugar has a sweet, butterscotch like flavor which has a similar appearance to brown sugar. Date sugar has various applications in food and bakery industry. It’s used widely in Bakery products such as muffins, in oatmeal and preparation of caramel. Date sugar is rich in potassium, vitamins and iron
Though Date sugar was originally introduced as a new, ‘healthier’ artificial sweetener substitute for refined sugar, critical research makes Date Sugar a better option for consumers, which is expected to boost the growth of the Date Sugar market.
The growing interest among consumers in organic food products has been very beneficial for the organic Date sugar industry. The demand for organic produced products and food has been witnessing steady growth, globally, in the past few years. Date sugar products are largely marketed as organic, have high nutrient value. Consumer demand for organic products and food continues to show a progressive growth, providing market positive incentives for Date sugar manufacturers globally resulting into growth of Date sugar. For instance in the U.S., organic food sales are around for over 5% of the total U.S. food sales as per the industry statistics collected by the USDA. According FOAM – Organics International (2017), the global organic food market is estimated to be valued at US$ 80 Bn, and the U.S. has the largest share of 47%. This is expected to trigger the growth of Date sugar market in North America as U.S holds a larger share in the region.
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Global Date Sugar Market
Some of the key players operating in global date sugar market are Bob's Red Mill, Desert Valley Date, Barry Farm, Now Foods and Mawana Sugars among others.
Date Sugar Market: Key Developments
New Product Development: Manufacturers are recently focused on launching date sugar in different forms, like the liquid form, and are estimated to develop its research and development in Date Sugar products as a result order to expand their consumer base and increase their global presence in date sugar market.
Date Sugar Market Opportunities for Market Participants
The growing interest among North American and European consumers in naturally sourced products, provides opportunities for traded Date Sugar. Consumers in North America and Europe are primarily concerned about manufacturers and the situations under which the product is manufactured. Moreover, consumers also prefer sugar products which taste similar to white sugar and refined sweeteners. Date Sugar tastes a lot similar to refined or white sugar with a good amount of sucrose and low mineral content. Additionally, there is a growing scope of consumers who are concerned about diabetes even without having been diagnosed as diabetic. Consumer are concerned about their health, and are already taking preventive measures to be free from all such diseases, by opting for a more healthier form of sugar, i.e. Date sugar, and this is expected to support the growth of the Date sugar market over the forecast period.
Brief Approach to Research
A modeling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the key product types, applications and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data are collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.
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