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Date Powder Market

Date Powder Market - Global Industry, Analysis, Size, Share, Trends, and Forecasts 2021-2031

Date Powder Market: Overview

The increasing demand for healthy and nutritious food products has propelled the growth of the date powder market. Date powder is gotten from the drying system of date glue. It is acquired from the weakening of date glue with the water and dried by utilizing various techniques. Date powder is a characteristic sugar and brown in shading and offers various dietary advantages. It contains a high measure of dietary strands and can be utilized as a choice to brown sugar. Aside from that, date powder additionally holds a high measure of cancer prevention agent content than any sugar.

The global date powder market is classified based on nature, form, end-use, and region. In terms of nature, the market is bifurcated into organic and conventional. Concerning the form, the market is divided into paste, liquid, and dry. As per categorization by end-use, the market is grouped into alcoholic beverages, bakery, baby foods, confectionery, baked goods, dairy products, and protein bars.

The report is based on a comprehensive overview of the market and its prime growth trajectories such as drivers, restraints, trends, and opportunities. It also includes the table of segmentation and discusses the leading segment and factors attributing to its growth in the forecast period. The report further discusses the impact of the novel COVID19 pandemic on this market and how can players benefit from it. A list of companies operating in the date powder market is also provided with key emphasis on the new trends and innovations introduced by them for better revenue generation. The report is available for sale on the company website.

Date Powder Market: Competitive Nature

The nature of competition for the global date powder market is highly fragmented on account of the presence of multiple players. The key objective of players is to indulge in better product launches, and quality control to attract as much revenue as possible. Some of the top players are investing in expanding their brand name to emerging and developing nations. While some other players are engaging in collaborative efforts and merger strategies to gain an upper hand in the overall market competition.

Some of the notable players of the global date powder market include:

  • Safina A.S.
  • Pompton S.p.A
  • Laiwu Feilong Powder Metallurgy Co. Ltd.
  • Mitsui Mining & Smelting Co.Ltd.
  • GKN Sinter Metals Engineering GmbH
  • JFE Steel Corporation
  • Hangzhou Yitong New Material Co. Ltd.
  • Hoganas AB
  • Sandvik AB
  • Kobe Steel Ltd.
  • Kymera International Makin Metal Powders Ltd
  • Others

Date Powder Market: Innovations and Initiatives

  • Orange Business Services and AkzoNobel declared the expansion of their services to transform their overall security and network infrastructural development. This decision will not only help scale their budget on innovation but also drive the digital transformation for both companies in unison.

Date Powder Market: Drivers and Restraints

Date powder is used by an enormous number of buyers because of offering extra medical advantages which might offer better freedoms to the makers to develop the creation and deals of date powder. Moreover, developing utilization of natural items can likewise impact the utilization of natural date powder, which further can make the opportunities for the market members to build the creation of date powder and gain expected development.

Date Powder Market: Regional Insights

Region-wise, the global date powder market is widespread into the regions of North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa. These regions are further classified based on nations. Among these, Asia Pacific emerged dominant in the past and is likely to continue doing so in the forecast period with North America in close competition. Factors contributing to the growth of Asia Pacific include the increasing presence of manufacturers, the rising number of new players, and the availability of raw materials at an efficient price.

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