“Global Date Syrup Market to reach a market value of 536.6 Million by 2031 growing at a CAGR of 5.8%”
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.
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.
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.
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
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.
| 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 |
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| 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 |
By Type
By Application
By Geography
The Market size is projected to reach USD536.6 million by 2031.
Increased use of dietary supplements are driving the Market in coming years, however, High production costs of date syrup restraints the growth of the Market.
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
The expected CAGR of this Market is 5.8% from 2024 to 2031.
The Conventional segment led the Market by Type in 2023; thereby, achieving a market value of $451.7 Million by 2031.
The Europe region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $189 Million by 2031.
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![Europe Date Syrup Market Size | Industry Research [2031]](https://www.kbvresearch.com/upload/cover/europe-date-syrup-market.jpg "Europe Date Syrup Market Size | Industry Research [2031]")
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