About Date Honey
Date Honey, also known as Date Syrup, is a thick dark brown fruit syrup made from dates that is extremely sweet. Dates are tropical stone fruits that are produced on date palms. The fruits ripen in huge clusters on the tree, changing colour, texture, and flavour from light green, crunchy, and astringent to soft, chewy, and delectable in different brown tones. Some varieties are drier or smaller, while others darken almost to black. The dates are said to be highly nutritious offering high fiber, rich in anti-oxidants along with enhancing brain performance. Most importantly as people are shifting away from processed sugar because of rising number of diabetes patients, the demand for natural sweetening alternatives has risen, this has also led to the growth of the date honey market. Middle Eastern and North Africa region account for largest market share.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dates are one of the most nutritious stone fruits. Its highly nutritious nature has gained large popularity around the world. As people shift towards natural immunity boosting products during the pandemic, the sale of dates went up. This has presented long term growth prospectus for the dates and related products producers. Middle East Asia and North Africa are the biggest market although it presents exciting possibilities of expansion to other larger markets. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Date Honey market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Al Foah (United Arab Emirates), Lion Dates Impex Pvt Ltd. (India), Galil Foods (United States), Community Foods Ltd (United Kingdom), Sioux Honey Association (United States), Clarks UK Ltd (United Kingdom), Bright Food Co. Ltd. (China), Wellness Foods Ltd (United Kingdom), SeAro Pvt. Ltd. (India) and Crown Dates Private Limited (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Date Honey market by and Region.
On the basis of geography, the market of Date Honey has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Date Honey market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online {E-Commerce Stores} will boost the Date Honey market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Plastic Jars will boost the Date Honey market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Regular Date Honey by Nature has Account for Larger Market Share
Market Growth Drivers:
Growing Number of Diabetes Patient has led to Shift to Natural Sweetening Products and Longer Shelf Life and High Nutritional aspect of the Dates is leading to its Rising Popularity
Challenges:
High Costs of the Product
Restraints:
Presence of Large Number of Alternatives such as Honey, Maple, Agave Nectar, Coconut Sugar and Others in Market
Opportunities:
Organic Segment is expected to grow with Rising Drive for Chemical Free Food Products and Growing Disposable Income
Market Leaders and their expansionary development strategies
In October 20023, Date Lady acquires Honey Pacific, this strategic move by Date Lady, a leading date and date-based product company, expands their portfolio with Honey Pacific's expertise in organic and raw honey. This could lead to innovative date honey blends and broader market reach.
In November 15, 2023, Raw Date Nectar by Rawmio, known for their raw honey, ventures into the date honey space with this new product. It boasts less processing and filtration, aiming to retain more nutrients and natural flavors.
Key Target Audience
Date Honey Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.