Date Syrup Market

Global Date Syrup Market Size, Share & Trends Analysis Report By Type (Conventional and Organic), By Application (Food & Beverage, Nutraceuticals, Cosmetics, and Others), By Regional Outlook and Forecast, 2024 - 2031

Report Id: KBV-24390 Publication Date: September-2024 Number of Pages: 170
2023
345.8 Million
2031
536.6 Million
CAGR
5.8%
Historical Data
2020 to 2022

“Global Date Syrup Market to reach a market value of 536.6 Million by 2031 growing at a CAGR of 5.8%”

Analysis of Market Size & Trends

The Global Date Syrup Market size is expected to reach $536.6 million by 2031, rising at a market growth of 5.8% CAGR during the forecast period.

The trend towards natural and organic foods is strong in North America. Consumers are increasingly choosing products that are free from artificial additives and chemicals. This syrup, often available in organic form, fits well into this trend and meets the demand for clean-label products. The trend towards natural and organic foods is strong in North America. Consequently, the North American region would acquire nearly, 30% of the total market share by 2031.

Date Syrup Market Size - Global Opportunities and Trends Analysis Report 2020-2031

As people become more health-conscious, a trend towards making healthier dietary choices is growing. Consumers are increasingly aware of the negative effects of excessive sugar consumption and the associated health risks, such as obesity, diabetes, and cardiovascular diseases. In addition, consumers are increasingly favoring products that are natural and minimally processed. Thus, rising health consciousness and preference for natural sweeteners propel the market's growth..

Additionally, the syrup’s rich nutritional profile makes it an appealing ingredient in dietary supplements. It contains essential vitamins and minerals such as potassium, magnesium, calcium, iron, antioxidants, and dietary fiber. Likewise, taste and palatability are important factors in dietary supplements that influence consumer acceptance. In conclusion, increased use of dietary supplements is driving the market's growth.

However, the primary raw material for this syrup is dates, which must be high quality to produce a premium product. In addition, producing this syrup requires specific machinery and processing facilities designed to handle the unique characteristics of dates. Thus, the high production costs of this syrup are driving the market's growth.

Driving and Restraining Factors
Date Syrup Market
  • Rising health consciousness and preference for natural sweeteners
  • Increased use of dietary supplements
  • Expansion of the food and beverage industry
  • High production costs of date syrup
  • Limited shelf life and storage challenges
  • Growing popularity of plant-based and vegan diets
  • Influence of social media and food blogging
  • High competition from alternative sweeteners
  • High dependency on specific agricultural conditions

Application Outlook

On the basis of application, the market is classified into food & beverage, nutraceuticals, cosmetics, and others. In 2023, the nutraceuticals segment attained 16% revenue share in the market. In the nutraceuticals industry, this syrup is incorporated into functional foods that offer specific health benefits.

Date Syrup Market Share and Industry Analysis Report 2023

Type Outlook

Based on type, the market is divided into conventional and organic. The organic segment procured 14% revenue share in the market in 2023. Consumers are becoming more concerned about the environmental impact of their food choices. Organic farming practices are often viewed as more environmentally friendly due to their emphasis on sustainable agriculture, which appeals to eco-conscious consumers and drives demand for organic syrup.

Free Valuable Insights: Global Date Syrup Market size to reach USD 536.6 Million by 2031

Regional Outlook

In 2023, the Europe region generated 35% revenue share in the market. The expansion of modern retail channels, including supermarkets, hypermarkets, and online platforms, has improved the availability and accessibility of this syrup in the Europe region. Enhanced distribution networks make it easier for consumers to access and purchase this syrup.

Date Syrup Market Report Coverage
Report Attribute Details
Market size value in 2023 USD 345.8 Million
Market size forecast in 2031 USD 536.6 Million
Base Year 2023
Historical Period 2020 to 2022
Forecast Period 2024 to 2031
Revenue Growth Rate CAGR of 5.8% from 2024 to 2031
Number of Pages 170
Tables 260
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Type, Application, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (Japan, China, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included Parsunday Symbol Co., AriaFoods, Al Barakah Dates Factory L.L.C, Rapunzel Naturkost, Sun Seas Business Group, Lion Dates Impex (P) Ltd, Ratin Khosh (KHOSHBIN GROUP), Bateel International LLC, THE HAIN CELESTIAL GROUP, INC. and Just Date
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List of Key Companies Profiled

  • Parsunday Symbol Co.
  • AriaFoods
  • Al Barakah Dates Factory L.L.C
  • Rapunzel Naturkost
  • Sun Seas Business Group
  • Lion Dates Impex (P) Ltd
  • Ratin Khosh (KHOSHBIN GROUP)
  • Bateel International LLC
  • THE HAIN CELESTIAL GROUP, INC.
  • Just Date

Date Syrup Market Report Segmentation

By Type

  • Conventional
  • Organic

By Application

  • Food & Beverage
  • Nutraceuticals
  • Cosmetics
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA
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