Published: Dec, 2018

The global date palm market depicts a highly fragmented and competitive vendor landscape, says Transparency Market Research on the basis of a recently published report. Such a fragmented presence is mainly due to the existence of innumerable players in the market. Many companies are focusing on improving their product manufacturing techniques of dates. In this way, the companies are also enhancing customer retention by providing quality dates in the global date palm market. Many players are also focusing on improving their geographical reach.

Natural Delights, Best Food Company LLC, Groundworks of Palm Beach County Inc., Bayara Saudi Arabia Ltd. Al Barakah Dates Factory LLC, Hadiklaim Date Growers Cooperative, Maghadi Dates, Haifa Dattes, SUFFCO, and Atul Rajasthan Date Palm Ltd., are key players operating in the global date palm market.

date-palm-market.jpg

As per expert analysts, the date palm market is projected to grow at a steady CAGR of 3.1% during the forecast period ranging from 2018 to 2026. On the basis of nature, organic date palms have witnessed maximum growth in recent times. This is mainly due to a rising awareness about the health benefits of organic foods coupled with increasing certifications required for the same. 

Increasing Demand for Healthy Foods Pushes Growth in Market

Date palms are a rich source of vitamins, fibers, and other nutrients through their fruits i.e., the dates. And as the demand for such foods is increasing by the day, the global date palm market is experiencing an unprecedented growth. Moreover, an increasing number of fitness enthusiasts too is making the market expand at an impressive pace, by supplementing the increasing rate of nutritious food demands. In addition, several companies are pouring extensive investments to improve their date manufacturing capacities. With increasing cultivation of date palms in the Middle East, Mediterranean, as well as in Europe, the market for these various dates is slowly expanding from a geographical perspective. Experts suggest that with rising production of functional food, nutritional bars, dietary supplements, the demand for date palms is all set up to witness a splendid surge. This is mainly due to the fact that dates are a crucial ingredient of the mentioned proprietary food items, consequently providing a strong impetus to the global date palm market’s growth.

Volatility in Raw Material Availability Stunts Progress

However, extensive fluctuation in availability of raw materials needed to cultivate date palms in remote and underdeveloped regions is primarily responsible for hindering progress in the date palm market. Moreover, these plants might grow properly only in specific regions, and not grow in other areas where suitable climatic conditions don’t exist. In addition, cultivation of dates might be relatively costly, especially in geographical extents where necessary labor and equipment might not be readily available. Nonetheless, many businesses are soon expected to introduce cost-effective and eco-friendly date production techniques, thereby attempting to reduce major restraints acting on the date palm market.

This review is based on a TMR report, titled, “Date Palm Market (Nature - Organic, Conventional; Form - Raw, Processed; Variety - Deglet Noor, Medjool, Barhi, Zahidi, Others; End Use - Household, Foodservice, Dietary Supplements, Personal Care & Cosmetics, Food Industry) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”

Key segments of the global date palm market:

By Nature:

  • Organic
  • Conventional

By Form

  • Raw
  • Processed

By Variety

  • Deglet Noor
  • Medjool
  • Barhi
  • Zahidi
  • Others 

By End Use

  • Household
  • Foodservice
  • Dietary Supplements
  • Personal Care & Cosmetics
  • Food Industry

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

US Office Contact

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com

.