Date Palm Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR41450

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The date palm market has the potential to grow by USD 7.14 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 5.81%.

The date palm market report extensively covers market segmentation by product (Medjool date palm, Deglet Nour date palm, and others), distribution channel (offline and online), and geography (MEA, APAC, Europe, North America, and South America) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Date Palm Market Size be in 2021?

Date Palm Market Size

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Date Palm Market: Key Drivers and Trends

According to our research output, there has been a positive impact on the market growth post COVID-19 era. Key drivers such as the health benefits associated with date palm are notably supporting the date palm market growth. However, one of the foremost factors impeding market growth is low yield due to fungal diseases and pests in date palm plantation. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic date palm market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Date Palm Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Al Barakah Dates Factory LLC
  • Al Foah Co.
  • Ario Fruit Co.
  • Bard Valley Natural Delights
  • Emirates Dates
  • GNS Pakistan Dates Co.
  • Green Diamond International SB
  • Hadiklaim - Israel Date Growers Cooperative
  • LIWA DATES
  • Maghadi Dates

 

The date palm market analysis report contains exhaustive actionable insights on the organic and inorganic growth strategies deployed by the vendors. The date palm market is fragmented and is expected to provide a favorable growth environment to new and existing players in the coming years. Click here to uncover details of successful business strategies adopted by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

For insights on complete key vendor profiles, download a free sample of the date palm market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Date Palm Market?

Date Palm Market Share by Geography

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68% of the market’s growth will originate from MEA during the forecast period. Egypt (Arab Republic of Egypt), Algeria, Saudi Arabia, and Iran (Islamic Republic of Iran) are the key markets for date palm in MEA.

MEA has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing use of date palm and ethnic snacks has been identified as one of the chief factors that will drive the date palm market growth in MEA over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Date Palm Market?

Date Palm Market Share by Product

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The date palm market share growth by the Medjool date palm segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the date palm market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Date Palm Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive date palm market growth during the next five years
  • Precise estimation of the date palm market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the date palm market across MEA, APAC, Europe, North America, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of date palm market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The date palm market growth will increase by $6.98 billion during 2019-2024.
The date palm market is expected to grow at a CAGR of 7.21% during 2019-2024.
Technavio has segmented the date palm market by product (Medjool date palm, Deglet Nour date palm, and Others) ,distribution channel (Offline distribution channel and Online distribution channel) , and geographic (Europe, APAC, MEA, North America, and South America).
Al Barakah Dates Factory LLC, Al Foah Co., Atul Rajasthan Date Palms Ltd., Barari Group, Bard Valley Natural Delights, Emirates Dates, Hadiklaim - Israel Date Growers Cooperative, HAIFA DATTE, Lion Dates Impex Pvt. Ltd., Maghadi Dates are a few of the key vendors in the date palm market.
Europe will register the highest growth rate of 44.78% among the other regions. Therefore, the date palm market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
  • China
  • Japan
  • UK
  • Germany
  • US
The key factors driving the date palm market growth are:
  • Health benefits associated with date palm
The date palm market vendors should focus on grabbing business opportunities from the medjool date palm segment as it accounted for the largest market share in the base year.
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