The global demand for Date Palm Market is presumed to reach the market size of nearly USD 15.06 MN by 2028 from USD 10.77 MN in 2021 with a CAGR of 15.9% under the study period 2022 - 2028.
Date palm is a flowering plant from palm family cultivated for its edible sweet fruit known as dates. Date palm are an ideal alternative for white sugar as they are naturally sweet. Date palm are a good source of antioxidants, enriched with many nutrients such as protein, vitamins, organic ingredients, iron, phosphorus, sodium, potassium, magnesium, dietary fiber, carbohydrates and more. Date palm is an excellent source of cholesterol-free nutrients.
Market Dynamics
The rising demand for healthy ingredients and growing demand for cookies, healthy snacks, desserts, and bakeries fuels the growth of this market. Moreover, the growing health-conscious population and awareness about the health benefits of date consumption are expected to drive the overall demand for the global date palm market during the forecast period. Also, innovations in the food industry have helped to create demand for healthy food, such as date palm products. The increase in the number of manufacturers using date-based syrups and purees as one of the major ingredients in their goods and the use of dried dates to boost the nutritional value of confectionery and bakery items are expected to fuel the market growth. However, the risk of pests and diseases associated with dates is expected to limit the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of date palm. The growth and trends of date palm industry provide a holistic approach to this study.
Market Segmentation
This section of the date palm market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Application
- Whole Date Product
- Date Syrup
- Date Paste
- Other
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Date Palm market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Date Palm Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the date palm market include Al Foah, Al Barakah Dates Factory, Hadiklaim Date Growers, Maghadi Dates, Ario, Egyptian Export Center, GNS Pakistan, Barari Group, Haifa Dates, ALMoosawi, Atul Rajasthan Date Palm. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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