Date Powder Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Date powder is derived from the drying process of date paste. It is acquired from weakening of date glue with the water and dried by utilizing various strategies. Date powder is a characteristic sugar and earthy colored in shading and furthermore offers various nourishing advantages. It contains the high measure of dietary filaments and can be utilized as an option of the earthy colored sugar. Aside from that, date powder likewise holds a high measure of cancer prevention agent content than any sugar.

MARKET SCOPE

The "Global Date Powders Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the date powders market with detailed market segmentation by category, application, and geography. The report provides key statistics on the market status of the leading date powder market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on category, the global date powder market is segmented into organic, conventional.
  
•   Based on application, the global date powder market is segmented into bakery and confectionery, protein bars, dairy products, baby food, others.
  

MARKET DYNAMICS

Drivers:

•   Date powder is utilizing by a large number of consumers due to additional health benefits offer better opportunities to the manufacturers to grow the production and sales of date powder.
  
•   Increasing consumption of organic products also influences the consumption of organic date powder, which further can produce the chances for the market participants to improve the production of date powder and gain potential growth.
  

Restraints:

•   Date powder has several side effects and can create different health issues which are hampering the date powder market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The date powder market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the date powder market in these regions.

IMPACT OF COVID-19 ON DATE POWDER MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries such as the food and beverages industry in various countries due to lockdowns, travel bans, and business shutdowns. The COVID pandemic initially disrupted the demand for date powder due to the lockdown of restaurants, food service providers, liquor shops, hotels, and bars which had a negative impact on the date powder market. The shutdown of the local shops and pubs has generated opportunities for the online service providers which has steadied the demand for date powder in the period of pandemic which has had a positive impact on the date powder market. Thus, initially COVID 19 had a negative impact on the date powder market but slowly and steadily as the demand for date powder increased, leading to an increased demand for date powder.

MARKET PLAYERS

The report covers key developments in the date powder market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from date powder market are anticipated to lucrative growth opportunities in the future with the rising demand for date powder in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the date powder market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Ario Co
  
•   G. G. Foods
  
•   Mevive International Food Ingredients
  
•   Arat Company Pjs.
  
•   Asia Foods International
  
•   Woodspur Farms
  
•   Desert Valley Date
  
•   Al Barakah Dates Factory LLC
  
•   Early Foods
  
•   Shiloh farms
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Date Powder Report Scope