Dates Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Dates Market
The Dates market size was valued at 29.48 billion in 2023, and the market is now projected to grow from 31.03 billion in 2024 to USD 49.14 billion by 2032, exhibiting a CAGR of 5.91% during the forecast period of 2023-2030.
The COVID-19 had a positive impact in the market worldwide. The lockdowns and tour regulations hampered worldwide alternate, inflicting delays and disruption inside the export of dates. The regulations also caused disruptions in harvesting, manufacturing processes, and packaging. However, the pandemic brought about a upward push in health concerns, surging the call for wholesome snacks, along with dates. The consumers have been limited to their houses, which caused an increase in on-line purchasing, benefitting date manufacturers who embraced e-trade systems, expanding their attain and helping enhance their business.
Health-conscious clients these days are increasingly more looking for nutritious and scrumptious merchandise because of busy existence and annoying schedules. Dates fulfill this requirement, making it a fantastic desire for such clients. It gives a wholesome opportunity to sugary treats and additionally offer crucial fibers, nutrients, and minerals. Products made with date sugar also are gaining reputation. Thus, with the growing healthy snacking fashion, the market is anticipated to increase appreciably within the coming years. Prominent players within the marketplace adopt numerous business agency techniques so that you can beautify healthful snacking trends and attract the millennial population. This results in Dates market growth.
The market has won momentum because of accelerated investments, elevating the capability for in addition market developments. There has been rising investment in research and development, processing and packaging, logistics and bloodless chain infrastructure and others with a purpose to increase marketplace growth.
Comprehensive Analysis of Dates Market
The Dates market is rising at an exponential charge due to its marketplace segmentation. Based on component, the market is classified into services and software. Based on nature, the market is divided into organic and conventional. Based on type, the market is classified into Barhi, Zahidi, Medjool, Deglet Noor, and others. Based on distribution channels, the market is classified into specialty stores, online stores, supermarkets/hypermarkets, and others.
Middle East & Africa has the largest Dates market share. The Middle East & Africa holds a various and colourful marketplace for dates, with unique traditions and selections all through the location. The vicinity is known to dominate the worldwide market due to excessive date-generating and consuming nations, such as, Iran, Israel, Egypt, Saudi Arabia, the UAE, Iraq, and Tunisia. Dates preserve splendid cultural and non secular significance at some point of the place, providing prominently in Ramadan celebrations and hospitality customs. Egypt is understood to be one of the worldwide leaders in date manufacturing.
The top players in the market play a crucial role in the Dates industry assuring industrial prospectus growth and setting market standards. These players include, Rayana Dates (Saudi Arabia), Best Food Company LLC. (UAE), Atul Rajasthan Date Palm Ltd. (India), Bayara Saudi Arabia Ltd. (Saudi Arabia), Al Barakah Dates Factory (UAE), Haifa Dattes (Tunisia), Hadiklaim Date Growers Cooperative Ltd (Israel), Natural Delight (U.S.), Ithmar Taiba Dates Company (Saudi Arabia), and Palm Hill Dates (Egypt).
In July 2022, Joolies, a California-primarily based date grower, delivered Jooliettes, which are diced natural Medjool dates panned in chocolate. The product is available in three flavors, which includes blood orange, darkish chocolate, sea salt darkish chocolate and matcha dark chocolate.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.91% from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Nature
Conventional
Organic
By Type
Medjool
Barhi
Zahidi
Deglet Noor
Others
By Distribution Channel
Supermarkets/Hypermarkets
Specialty Stores
Online Stores
Others
Region
North America (By Nature, Type, Distribution Channel, and Country)
- U.S.(By Type)
- Canada (By Type)
- Mexico (By Type)
Europe (By Nature, Type, Distribution Channel, and Country)
- U.K. (By Type)
- Germany(By Type)
- France(By Type)
- Spain(By Type)
- Italy (By Type)
- Rest of Europe (By Type)
Asia Pacific (By Nature, Type, Distribution Channel, and Country)
- China (By Type)
- India(By Type)
- Japan(By Type)
- Australia (By Type)
- Rest of Asia Pacific(By Type)
South America (By Nature, Type, Distribution Channel, and Country)
- Brazil(By Type)
- Argentina(By Type)
- Rest of South America (By Type)
Middle East and Africa (By Nature, Type, Distribution Channel, and Country)
- Egypt (By Type)
- Saudi Arabia (By Type)
- Oman (By Type)
- UAE (By Type)
- South Africa (By Type)
- Rest of MEA (By Type)
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