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North America Date Sugar Market to 2027 - Regional Analysis and Forecasts by Form; End Use; Origin; Sales Channel, and Geography

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    Report

  • 127 Pages
  • March 2020
  • Region: North America
  • The Insight Partners
  • ID: 5018024
The North American date sugar market was valued at US$ 669.4 million in 2018 and is projected to reach US$ 929.7 million by 2027; it is expected to grow at a CAGR of 3.7% during 2019-2027.

Date sugar is most commonly found in natural food stores since it is less processed than regular sugars. It is produced using dried dates and adds a rich sweetness to recipes. It is available in various forms such as granules and crystal, powdered, and syrup or liquid. High demand for sweetening agents with low glycemic index (GI) drives the growth of the date sugar market. Low GI food is recommended for individuals with high blood glucose or diabetes mellitus. Growing demand from processed snack and cereal manufacturers also drives the growth of the market. However, wide availability of cost-effective, yet potential, alternative sweeteners restricts the growth of date sugar market. For instance, coconut sugar, honey, fruit juices and nectars, molasses, and maple syrup are among the other natural sweeteners that can be used as a replacement for date sugar. The nutritional bars, including protein bars, snack bars, meal replacement bars, and whole food bars, are consumed as substitute for proper meal by individuals who need quick energy. The increasing number of the working population, living hectic lifestyle, is driving the demand for these nutritional bars. Also, the shift in consumer preference toward healthier diet and rise in disposable income have triggered the demand for nutrient-rich, organic food products. These factors have encouraged food and snack providers to introduce nutritional foods by amalgamating flavor and nourishment.

The North American date sugar market has been segmented on the basis of form into granules and crystals, powdered, and syrup/liquid. The powdered segment holds the largest share of the North America date sugar market. Powdered date sugar is a finely ground and thus is more soluble in nature than granulated sugar. It is used in bakery and confectionery products; moreover, it is used in dressings and condiments, sauces, and spreads. Increasing consumption of confectionery and bakery food products is the key factor propelling the growth of powdered date sugar. Further, granulated date sugar is sometime referred to as industrial sugar. It is used in the food & beverages, and bakery and confectionery industries. Date sugar in this form is used in the preparation of cookies, biscuits, cakes, pastry, muffins, jams, marmalades, etc. Date sugar syrup is gaining popularity owing to its long shelf life. Moreover, its nontoxic, resistant to crystallization, anti-freezing humectant, and preservative properties are driving the demand for date sugar syrup.

Based on country, the North American date sugar market is segmented into the US, Canada, and Mexico. The US holds the largest share of the market in North America. In the US market, the consumption of date sugar has exhibited a northward trend in the recent past. In Canada, the rise in the purchasing power of consumers, along with the increasing preference for high-quality food products is impacting the growth of the market. Mexico is contributing to the North American date sugar market at a moderate level. Due to the rise in population and expansion in the economy, there is an increase in demand for products such as date sugar in Mexico.

A few of the players functional in the North American date sugar market are Bob's Red Mill Natural Foods, Date Lady, Naturalia Ingredients srl, NOW Foods, GloryBee, Barry Farm Foods, PANOS brands, Ario Co., Hain Daniels Group, and MGT Dried Fruit.

The overall North American date sugar market size has been derived in accordance to both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the date sugar market.

Reasons to Buy:
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the North America date sugar market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 North America Date Sugar Market - By Form
1.3.2 North America Date Sugar Market - By End Use
1.3.3 North America Date Sugar Market - By Origin
1.3.4 North America Date Sugar Market - By Sales Channel
1.3.5 North America Date Sugar Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Date Sugar Market Landscape
4.1 Market Overview
4.1.1 North America PEST Analysis
5. North America Date Sugar Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 High demand for low glycemic index (GI) food
5.1.2 Growing demand from processed snacks and cereals manufacturers
5.2 Market Restraints
5.2.1 Wide availability of cost-effective yet potent alternative sweeteners
5.3 Market Opportunities
5.3.1 Sugar alternative in health and nutritional bars
5.4 Future Trends
5.4.1 Increasing demand for organic date sugar in food & beverage industry
5.5 Impact Analysis
6. Date sugar- North America Market Analysis
6.1 North America Date Sugar Market Overview
6.2 North America Date Sugar Market Forecast and Analysis
7. North America Date Sugar Market Analysis - By Form
7.1 Overview
7.2 Granules and Crystal (Granulated)
7.2.1 Overview
7.2.2 North America Granules and Crystal: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
7.3 Powdered
7.3.1 Overview
7.3.2 North America Powdered: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
7.4 Syrup/Liquid
7.4.1 Overview
7.4.2 North America Syrup/Liquid: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
8. North America Date Sugar Market Analysis - By End Use
8.1 Overview
8.2 North America Date Sugar Market Breakdown, By End Use (2018 and 2027)
8.3 Bakery
8.3.1 Overview
8.3.2 North America Bakery: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
8.4 Confectionery
8.4.1 Overview
8.4.2 North America Confectionery: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
8.5 Dressings and Condiments
8.5.1 Overview
8.5.2 North America Dressings and Condiments: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
8.6 Sauces and Spreads
8.6.1 Overview
8.6.2 North America Sauces and Spreads: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
9. Date Sugar Market Analysis - By Origin
9.1 Overview
9.2 North America Date Sugar Market Breakdown, By Origin (2018 and 2027)
9.3 Conventional
9.3.1 Overview
9.3.2 North America Conventional: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
9.4 Organic
9.4.1 Overview
9.4.2 North America Organic: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
10. Date Sugar Market Analysis - By Sales Channel
10.1 Overview
10.2 North America Date Sugar Market Breakdown, By Sales Channel (2018 and 2027)
10.3 Hypermarkets and Supermarkets
10.3.1 Overview
10.3.2 North America Hypermarkets and Supermarkets: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
10.4 Specialty Stores
10.4.1 Overview
10.4.2 North America Specialty Stores: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
10.5 Traditional Grocery Stores
10.5.1 Overview
10.5.2 North America Traditional Grocery Stores: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
10.6 Online Retail
10.6.1 Overview
10.6.2 North America Online Retail: Date Sugar Market - Revenue and Forecast, to 2027 (US$ Million)
11. North America Date Sugar Market - Country Analysis
11.1 Overview
11.1.1 North America Date Sugar Market Revenue and Forecast to 2027 (US$ Mn)
11.1.2 North America Date Sugar Market Breakdown, by Key Countries
11.1.2.1 US: Date Sugar Market - Revenue, and Forecast to 2027 (US$ Million)
11.1.2.1.1 US: Date Sugar Market, by From
11.1.2.1.2 US: Date Sugar Market, by End Use
11.1.2.1.3 US: Date Sugar Market, by Origin
11.1.2.1.4 US: Date Sugar Market, by Sales Channel
11.1.2.2 Canada: Date Sugar Market - Revenue, and Forecast to 2027 (US$ Million)
11.1.2.2.1 Canada: Date Sugar Market, by From
11.1.2.2.2 Canada: Date Sugar Market, by End Use
11.1.2.2.3 Canada: Date Sugar Market, by Origin
11.1.2.2.4 Canada: Date Sugar Market, by Sales Channel
11.1.2.3 Mexico: Date Sugar Market - Revenue, and Forecast to 2027 (US$ Million)
11.1.2.3.1 Mexico: Date Sugar Market, by From
11.1.2.3.2 Mexico: Date Sugar Market, by End Use
11.1.2.3.3 Mexico: Date Sugar Market, by Origin
11.1.2.3.4 Mexico: Date Sugar Market, by Sales Channel
12. Company Profiles
12.1 Bob's Red Mill Natural Foods.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Date Lady
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 Naturalia Ingredients srl
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 NOW Foods
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Ario Co
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 Hain Daniels Group
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 MGT Dried Fruit
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.8 GloryBee
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.9 Barry Farm Foods
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.10 PANOS brands
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
13. Appendix
13.1 About the Publisher
13.2 Glossary

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bob’s Red Mill Natural Foods
  • Date Lady
  • Naturalia Ingredients srl
  • NOW Foods
  • GloryBee
  • Barry Farm Foods
  • PANOS brands
  • Ario Co.
  • Hain Daniels Group
  • MGT Dried Fruit