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Date Syrup Market to Grow by 6.4% CAGR through 2031 as Demand for Natural Sweetener Increases in Food & Beverage Industry: FMI
Date syrups are extensively used as an alternative to honey in various skincare and cosmetics products for its moisturizing and skin lightening properties and smooth constancy. In addition to this, growing use of date syrup in the nutraceutical industry is expected to improve the sales over the forecast period.
Date syrup has attributes such as high magnesium, zinc, potassium, calcium, and iron content. These properties make it ideal for application in various skincare and food products. FMI also forecasts the demand for date syrups to be the highest in the Middle East and Africa , while sales across the globe is forecast to reach US$ 339 Mn in 2021.
Rapid shift in consumer preference towards the consumption of natural sweeteners is witnessed owing to the growing awareness regarding the adverse effects of high sugar intake on health.
This, coupled with the increasing prevalence of diabetes, has been encouraging consumers to choose food products made using natural sweeteners such as date syrup. This is expected to create lucrative sales opportunities for the market.
Based on end use, the food & beverage industry is projected to account for the largest revenue share in the market. Growth in the segment is attributed to the increasing use of date syrup in manufacturing food products such as cookies, cakes, cakes, ice creams, flavored milk, and desserts.
says the FMI analyst.
https://www.futuremarketinsights.com/reports/date-syrup-market
Leading date syrup manufacturers are focusing on strengthening their supply chain and receiving various certifications such as Halal, ISO 22000 Food Safety, Kosher and others to increase their sales across various end use industries.
Also some of the companies are offering products with different quality grades. For instance,
The date syrup market study published by Future Market Insights offers a comprehensive analysis and focused views on the major trends expected to shape future growth prospects. The report provides detailed analysis on growth drivers, trends, and opportunities on the basis of:
https://www.futuremarketinsights.com/checkout/14103
: Latest report by Future Market Insights (FMI) forecasts the global phytochemical market to surpass US$ 6.5 Bn in 2021. The overall market is expected to witness healthy growth at 7% CAGR to surpass US$ 12.9 Bn by 2031.
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai , and has delivery centers in the UK, U.S. and India . FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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