According to a new report, published by KBV research, 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 Conventional segment led the Global Date Syrup Market by Type in 2023; thereby, achieving a market value of $451.7 Million by 2031. Conventional date syrup has long been a staple in many traditional cuisines, particularly in Middle Eastern and North African regions where it is commonly used. This longstanding familiarity with the product drives continued high demand among consumers accustomed to its taste and use in cooking.
The Food & Beverage segment is growing at a CAGR of 5.4 % during the forecast period. Date syrup is a key ingredient in energy bars and snack products due to its natural sweetness and binding properties. It helps to hold ingredients together while providing a nutritious boost with its vitamins, minerals, and antioxidants.
Full Report: https://www.kbvresearch.com/date-syrup-market/
The Europe region dominated the Global Date Syrup 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. The North America region is anticipated to grow at a CAGR of 5.6% during (2024 - 2031). Additionally, The Asia Pacific region would witness CAGR of 6.4% during (2024 - 2031).
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