Date Fruit Market Report: Trends, Forecast and Competitive Analysis to 2030
Date Fruit Trends and Forecast
The future of the global date fruit market looks promising with opportunities in the whole date product, date syrup, date paste, deep processing, and cakes and pastries markets. The global date fruit market is expected to reach an estimated $16.85 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing awareness of the nutritional benefits of dates and growing popularity of date-based products in diverse cuisines.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Date Fruit by Segment
The study includes a forecast for the global date fruit by type, application, and region.
Date Fruit Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Conventional Date Fruit
- Organic Date Fruit
Date Fruit Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Whole Date Product
- Date Syrup
- Date Paste
- Deep Processing
- Cakes & Pastries
- Others
Date Fruit Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Date Fruit Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies date fruit companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the date fruit companies profiled in this report include-
- Al Foah
- Al Barakah Dates Factory
- Hadiklaim Date Growers
- Maghadi Dates
- Ario
- Egyptian Export Center
- GNS
- Barari
- Haifa Dates
- ALMoosawi
Date Fruit Market Insights
Lucintel forecasts that conventional date fruit is expected to witness the highest growth over the forecast period due to wider adoption, overshadowing the market share of organic date fruit.
Within this market, whole date will remain the largest segment due to versatile use and popularity in various culinary applications and snacks.
APAC is expected to witness highest growth over the forecast period due to extensive cultivation and consumption of date fruit.
Features of the Global Date Fruit Market
Market Size Estimates: Date fruit market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Date fruit market size by type, application, and region in terms of value ($B).
Regional Analysis: Date fruit market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the date fruit market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the date fruit market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the date fruit market size?
Answer: The global date fruit market is expected to reach an estimated $16.85 billion by 2030.
Q2. What is the growth forecast for date fruit market?
Answer: The global date fruit market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the date fruit market?
Answer: The major drivers for this market are increasing awareness of the nutritional benefits of dates and growing popularity of date-based products in diverse cuisines.
Q4. What are the major segments for date fruit market?
Answer: The future of the date fruit market looks promising with opportunities in the whole date product, date syrup, date paste, deep processing, and cakes and pastries markets.
Q5. Who are the key date fruit market companies?
Answer: Some of the key date fruit companies are as follows:
- Al Foah
- Al Barakah Dates Factory
- Hadiklaim Date Growers
- Maghadi Dates
- Ario
- Egyptian Export Center
- GNS
- Barari
- Haifa Dates
- ALMoosawi
Q6. Which date fruit market segment will be the largest in future?
Answer: Lucintel forecasts that conventional date fruit is expected to witness the highest growth over the forecast period due to wider adoption, overshadowing the market share of organic date fruit.
Q7. In date fruit market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to extensive cultivation and consumption of date fruit.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the date fruit market by type (conventional date fruit and organic date fruit), application (whole date product, date syrup, date paste, deep processing, cakes & pastries, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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