High demand for low glycemic index GI) food to escalate the Asia Pacific Date Sugar market at a CAGR of 4.5%
Latest market study on “Asia Pacific Date Sugar Market to 2027 – Analysis and Forecasts by Form (Granules and Crystal, Powdered, Syrup/Liquid); End Use (Bakery, Confectionery, Snacks, Dressings and Condiments, Sauces and Spreads ); Origin ( Organic, Conventional ); Sales Channel ( Hypermarkets / Supermarkets, Discount Stores, Specialty Grocery Stores, Traditional Grocery Stores, Online Retail ), and Geography
Low glycemic food, also known as diabetic food, is the diet that is recommended for individuals with high blood glucose or diabetes mellitus. It usually consists of edible products that are rich in refined carbohydrates and have low glycemic or sugar content. These products are consumed by diabetic people as well as by the people who are taking the precautionary measure to prevent diabetes. Dates have become quite popular in diabetic food in recent years. Dates contain several vitamins and minerals, in addition to fiber and antioxidants. Dates are high in fiber, which may be beneficial for preventing constipation and controlling blood sugar control. However, the dried dates are high in calories, and thus a sugar alternative among diabetic people in recent years.
Diabetes is prominent among people with higher age. World Health Organization (WHO) estimated that 415 million people are living with diabetes in the world, which is estimated to be 1 in 11 of the world's adult population. The figure is expected to rise to 642 million people living with diabetes worldwide by 2040. Growing health concerns and an uptrend in health issues such as obesity, diabetes, and digestive disorders have prompted consumers to opt for diabetic food solutions such as date sugar. Date sugar is widely used in confectioneries, snacks, and other edible food products, thus gaining popularity among the consumers seeking for low GI foods.
The Asia Pacific date sugar market is accounted to US$ 428.9 Mn in 2018 and is expected to grow at a CAGR of 4.5 %during the forecast period 2019 – 2027, to account to US$ 635.5 Mnby 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Organic sugar is produced from crops that are cultivated using organic farming practices. They do not involve the use of harmful chemicals and fertilizers during crop production. Organic sugar is considered to have high nutritional value than that of a conventional one. Organic date sugar is a rich source of carbohydrates which soluble in nature. This sugar is used in the food & beverage industry, bakery, and confectionery and it is a primary ingredient in the food & beverage industry. The demand for food applications is increasing rapidly all over the world, which is the growing demand for organic sugar. Consumers across the world are highly inclined towards the products that are made from natural substances, which has influenced the manufacturers to use organic date sugar in their products. Organic date sugar is used widely in bakery products like cookies, biscuits, cakes, pastry, muffins, jams, marmalades, etc. Organic date sugar can also be used in ice creams as well as chocolates. Thus, the increasing demand for organic date sugar in the food & beverage industry will be opening new avenues for the date sugar market.
Change in eating habits of consumers has been one of the major factors increasing the demand for processed snacks and cereals. Processed snacks include confectionery items, snacks, cereals, bakery items, dairy, and others sweet. Convenience, long-shelf-life, and wide availability of different products is driving the demand for these products. However, these snacks contain high calories, sodium, sugar, fats, and other processed ingredients that affect the health of the consumer. Consuming lots of these foods has long been linked to an increased risk of a wide variety of health problems that can lead to heart diseases such as obesity, high blood pressure, elevated cholesterol, cancer, and depression. Thus, the growing health concerns arising due to the consumption of such snacks have shifted consumer’s preference towards healthy snacks. Additionally, Date sugar is one of the key elements that manufacturers are opting to add to their products. The numerous health benefits associated with it and its ability to easily blend with other ingredients make it a superior choice for processed snacks and cereals.
The market for Asia Pacific date sugar is concentrated with some very well-established players. Some of the key players in the Asia Pacific date sugar market include NOW Foods, Ario Co., Hain Daniels Group and MGT Dried Fruit among many others.
