Global Date Palm Market, By Nature (Organic, Conventional), Form (Raw, Processed), Variety (Deglet Noor, Medjool, Barhi, Zahidi), Applications (Whole Date product, Date Syrup, Date Paste, Other), End User (Household, Foodservice, Dietary Supplements, Personal Care and Cosmetics, Food Industry), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Date Palm Market
Global date palm market size is expected to grow at a compound annual rate of 3.9% in the forecast period 2021 to 2028 and is likely to reach USD 14.06 billion by 2028. The rise in the product acceptance and usage is the factor responsible for the growth of Global date palm market in the forecast period of 2021 to 2028.
Dates are healthy fruits found in palm trees that are grown in tropical areas. They are ideal alternative for white sugar as they are naturally sweet. They are good source of antioxidants, enriched with many nutrients such as protein, vitamins, organic ingredients, iron, phosphorus, sodium, potassium, magnesium, dietary fiber and carbohydrates among others.
The increasing demand of food based on dates such as various snacks anddate palm kernel oil is estimated to boost demand within the food processing segment which consequently results in overall growth in demand for the market. The surging health conscious populationand awareness regarding health benefits of date consumption is estimated to heighten the overall demand for the global date palm market within the forecast period. Moreover, the long shelf life and the introduction of attractive flavors and compositions with nutritional content is ideal strategy used by the market players to increase the market demand which is expected to further generate new opportunities for the date palm market in the forecast period of 2021 to 2028. However, the risk of pests and diseases carried by dates is projected to act as a restraint towards the growth whereas risks in competitions with substitutes can challenge the growth of the market.
This date palm market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on date palm market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Date Palm Market Scope and Market Size
Date palm market is segmented on the basis of nature, form, variety, applications and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of nature, the date palm market is segregated into organic and conventional.
- On the basis of form, the date palm market has been segmented raw and processed.
- On the basis of variety, the date palm market has been bifurcated into degletnoor, Medjool, Barhi and zahidi.
- On the basis of applications, the date palm market is segmented into whole date product, date syrup, date paste and other.
- On the basis of end user, the date palm market segmented into household, foodservice, dietary supplements, personal care and cosmetics and food industry.
Date Palm Market Country Level Analysis
Date palm market is analyses and market size, volume information is provided by nature, form, variety, applications and end user as referenced above.
The countries covered in the Global date palm market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America is estimated to lead the date palm market due to high demand for dates palm from snacks maker and with increasing demand in functional food. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the rise in the health conscious and higher demand for nutritious food.
The country section of the date palm market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Date Palm Market Share Analysis
Date palm market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to date palm market.
The major players covered in the date palm market report are, AL BARAKAH DATES FACTORY L.L.C, Atul Rajasthan Date Palms, Barari Group, Bard Valley Natural Delights, EMIRATES DATES, HAIFA DATTE, Maghadi, Hadiklaim, GNS Pakistan, Al WathbaMarionnet., PHOENIX AGROTECH LLC., Kutch Crop Services Pvt. Ltd., HAIFA DATTE, and Groundworks, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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