Global Dates Market Size study & Forecast, by Nature (Conventional, Organic) by Type (Medjool, Barhi, Zahidi, Deglet Noor, Others), by Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Stores, Others) and Regional Analysis, 2023-2030
Global Dates Market is valued approximately at USD 27.83 billion in 2022 and is anticipated to grow with a growth rate of more than 5.91% over the forecast period 2023-2030. Primarily cultivated in numerous tropical regions globally, the market for dates is witnessing a significant increase in popularity. This surge is propelled by an escalating demand for healthy snacks, ongoing research and developments, and a heightened awareness of the health benefits associated with dates. Additionally, emerging markets such as India and China are witnessing an uptick in dates demand, influenced by increasing disposable incomes and a growing consciousness regarding health.
The burgeoning landscape of research and development activities is playing a pivotal role in propelling the growth of the global dates market. A surge in collaborative efforts between government organizations and agricultural researchers is unlocking the genetic potential of date palms. By embracing precision agriculture practices and focusing on sustainable solutions, these initiatives aim to ensure a consistent and robust supply of dates in the market. Government organizations and agricultural researchers are harnessing the genetic potential of date palms through precision agriculture methods and sustainable solutions. In a notable collaboration, the National Center for Genetic Engineering and Biotechnology (BIOTEC-NSTDA) in Thailand joined forces with P Solution Company Limited in May 2021. Together, they are working on a project to advance mass propagation technology for date palms, utilizing a cutting-edge approach that combines tissue culture and a bioreactor system. This innovative technique not only enhances the production of economic crops but also supports farmers and growers by reducing production costs. In addition, increasing investment in date industry and rising consumption of dates globally are some factors creating new opportunities for the market growth. However, stringent regulations, the risk of pests and diseases stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Dates Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 with largest market share owing to the growing health consciousness, increasing disposable incomes, evolving dietary preferences and the cultural and religious significance of dates. India and China are poised to be significant contributors to this surge, being major consumers of dates, moreover demand for halal-certified dates is driving the market growth. North America is poised for substantial and fastest growth in the upcoming forecast period. The demand for dates in both the U.S. and Canada is on the rise, driven by consumers' heightened awareness of the health benefits associated with dried fruits. Dates are increasingly valued as a nutritious snack, packed with fiber, antioxidants, and various essential nutrients. This inclination towards natural and health-conscious foods mirrors a broader trend in the region. The United States stands out as the fastest growing market for dates in North America, with California leading the production charge, contributing significantly to the nation's total output. In 2021, according to the Agricultural Marketing Resource Centre, California alone produced 59,450 tons of dates.
Major market player included in this report are:Natural Delight
Best Food Company LLC.
Atul Rajasthan Date Palm Ltd.
Bayara Saudi Arabia Ltd.
Al Barakah Dates Factory
Haifa Dattes
Hadiklaim Date Growers Cooperative Ltd
Ithmar Taiba Dates Company
Palm Hill Dates
Rayana Dates
Recent Developments in the Market: In July 2022, Joolies, a California-based dates grower, unveiled a new product line known as Jooliettes. These diced organic Medjool dates are coated in chocolate and are available in three enticing flavors: blood orange, dark chocolate, sea salt dark chocolate, and matcha dark chocolate.
In April 2022, Joolies Organic Medjool Dates, a brand specializing in California-grown organic Medjool dates, expanded its presence into the European market. This strategic launch is aimed at making the brand's date products accessible in key European countries, including the U.K.
Global Dates Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Nature, Type, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below: By Nature:
Conventional
Organic
By Type:
Medjool
Barhi
Zahidi
Deglet
Noor
Others
By Distribution Channel:
Supermarkets/Hypermarkets
Specialty Stores
Online Stores
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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