Get In Touch

Date Syrup Market

Sweeteners such as date syrup, monk fruit sugar, coconut sugar, and stevia have been replacing cane sugar in the diets of a large portion of the world's population. Date sugar, in particular, has acquired popularity amongst customers because to its unique flavour, widespread acceptability amongst the Muslim population, and ease of availability. While the global date syrup market is still in its infancy, it is witnessing dynamic movements that are significantly transforming its business and market landscapes.

Dried dates are used to make date syrup, which lends a deep richness to dishes. Although it is relatively pricey, it is advertised as a healthier, more nutritious and more substitute of brown sugar. This thick dark, highly sweet fruit syrup made from dates is also known as date molasses or date honey. It is frequently utilized for cooking in regions of the Middle East and North Africa. It is a natural sweetener that is quite adaptable and may be used in place of sugar or molasses or syrup. Date syrup is produced in such a manner that all of the dates' nutrients and deliciousness are maintained. Potassium, vitamins, and fibre are found in dates, which make the date syrup a healthy option, thereby driving growth of the global date syrup market.

Market Introduction:

Date syrup is made from dried dates and adds a rich sweetness to recipes. It is promoted as a healthier and more natural alternative to brown sugar, although it is quite expensive. Date honey, date syrup or date molasses is a thick brown, very sweet fruit syrup extracted from dates. It is widely used in North Africa and the Middle East for cooking. It is a natural excellent sweetener, very versatile and can be used wherever molasses, sugar, and syrup are traditionally used. Date syrup is made in a way that all the nutrients and goodness in the dates are preserved. The date syrup is sweet and good for making cakes, biscuits, bread, muffins, fruit bars, and desserts. Dates are a good source of vitamins, potassium, and fibers. 

Date syrup offers opportunities in the food industry to create unique liquid products like juice blends, yogurt drink, and other beverages. In addition, it is used in wines, spirits, and vinegar through the fermentation of sweet syrup liquid/pulp.

Market Segmentation:

Date Syrup market can be segmented on the basis of nature, end use, distribution channel, packaging type, and region.

On the basis of nature, Date Syrup market can be segmented into organic and conventional.

On the basis of end use, Date Syrup market can be segmented into the household application, commercial use, and HoReCa. In commercial use, it can be used in various B2B industries like the bakery industries for processing various baked goods.

On the basis of packaging, it can be segmented into jars, cans/tubs, squeeze bottles.

On the basis of the distribution channel, Date Syrup market can be segmented into direct and retail sales. Direct sales refer to direct selling of Date Syrup as an ingredient to other industries. Retail sales are further segmented into hypermarket/ supermarket, online retailers, and other retailing formats.

Drivers, Restraints, and Trends:

The key drivers for the Date Syrup market include the health conscious segment of people and the westernization, awareness, and availability for healthy substitutes like date syrup in the market. Also, its wide use in various baked goods by the bakeries and cafes is expected to grow the market globally. Date syrup in the baked goods provides sweetness and moisture retention, which helps retard staling of products.

The rising innovations in the bakery sector and the growing trend towards the use of organic products is projected to rise the market.

Regional Outlook:

Date syrup makes a great substitute and is widely used as an ingredient in middle-eastern cooking. The date syrup is mixed with tahini, and spreading on bread or toast for breakfast or drizzle over yogurt or is added to sauces, gravies, and dressings.

Date syrup is thick, dark brown and super-sweet, and it’s commonly used for cooking in the Middle East, to add flavor to everything from chicken dishes to desserts. In the Middle East, often date molasses is eaten as a breakfast. The people mix date molasses with tahini paste and serve the peanut butter stand-in with bread.

In Israel, date molasses drizzled over roasted cauliflower and enriching sautéed eggplant. The people use it in yogurt, salad dressings, and braising liquids—anywhere that honey or maple syrup might go—to impart a concentrated dried-fruit richness.

Date syrup is also used for personal care and cosmetic purposes in the form of the face mask and hair masks. It is widely consumed as a health-related product by pregnant ladies, iron deficient people and as energy boosters, globally.

Key Players:

Some of the prominent players to Date Syrup are Lion Dates Impex Pvt Ltd., Al Foah, Galil Foods, Community Foods Ltd, Clarks UK Ltd, and various other regional manufacturers.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Date Syrup Market

Pre Book