Global Date Palm Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Date Palm Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Date Palm contains a lot of fiber, which slows the release of carbohydrates and provides continuous energy instead of driving blood sugar crazy. They are low in fat and are rich in nutrients such as potassium (50% more potassium than bananas), copper, magnesium, vitamin B6, niacin, calcium, iron, and vitamin K.

Market Overview:

The latest research study on the global Date Palm market finds that the global Date Palm market reached a value of USD 11474.31 million in 2022. It’s expected that the market will achieve USD 15940.75 million by 2028, exhibiting a CAGR of 5.63% during the forecast period.

Limitations

Date Palm grows mainly in Southwest Asia,Middle Eastand North Africa. Jujube is an extremely important livelihood crop in most desert areas. For millions of people, jujube is an important nutrient that contributes to food security. They are also an important part of the region's cultural and agricultural biodiversity. With global warming, the number of pests and new diseases will increase, affecting agricultural products. Red palm weevil has recently become one of the major date palm pests, and the bayoud disease caused by parasitic fungi is a common threat to date palms in North Africa. Pest impacts from climate change are one of the limiting factors for date palm production.

Region Overview:

From 2023-2028, Middle East and Africa is estimated to witness robust growth prospects.

Company Overview:

The top three companies are Al Foah Company, Barari Group and Hadiklaim Date Growers Cooperative with the revenue market share of 1.47%, 1.05% and 0.91% in 2018.

Al Foah Company is a subsidiary of SENAAT and was established in 2005 by Abu Dhabi government to take responsibility of number of Dates production and process assets, including an organic Dates farm in Al Ain, two Dates processing factories in Al Saad and Al Marfa and number of Dates receiving centers across the UAE. Al Foah’s headquarters office is located, in Al Ain.

Al Foah’s products portfolio consists of wide range high quality whole Dates (UAE grown), value added Dates (stuffed and chocolate coated) and Dates based products (Date syrup, Date paste, Date halwa).

Barari Group is a multi-national group of companies with offices and facilities in the Middle East, South Asia and North Africa. The roots go back to 1980 when they opened our first money and gold exchange shop in Kuwait. In 1991, they moved to Jordan and established Naseem Al Barari General Trading company. In 1993, the head office was moved to Dubai and became the mother company of Barari Group. The core business was tires and car batteries. However, the company’s continuous success & growth over the past thirty years have lead to expansion of their business activities to include a wide range of food stuff products, auto spare parts, and business development services. Barari Group has successfully developed business relationships with traders & factories in more than fifty countries.

Segmentation Overview:

Among different product types, Deglet Noor segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Dried segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Date Palm market covered in Chapter 3:

GNS Pakistan
Nadeed Alwashm
Orient Group
Al Barakah Dates Factory
SUFFCO
Natural Delights
Egyptian Export Center
Hadiklaim Date Growers Cooperative
Ario Date
Barari Group
ALMoosawi Group
Haifa Dattes
Al Foah Company
Maghadi Dates

In Chapter 4 and Chapter 14.2, on the basis of types, the Date Palm market from 2018 to 2029 is primarily split into:

Deglet Noor
Medjool
Barhi
Zahidi
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Date Palm market from 2018 to 2029 covers:

Fresh Dates
Dried
Paste
Purees & Syrups
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)