What is Date Palm Market?
Phoenix dactylifera, which is commonly known as date or date palm is a flowering plant species in the palm family, Arecaceae. It is cultivated for its edible sweet fruit and originated from the Fertile Crescent region straddling between Egypt and Mesopotamia. Date palm is widely cultivated across Northern Africa, the Middle East, Africa and South Asia, and it is naturalized in many tropical and subtropical regions worldwide. Moreover, its height reaches about 21–23 meters (69–75ft) growing singly or forming a clump with several stems from a single root system.
The market study is being classified by Type (Organic and Conventional) and major geographies with country level break-up.
Natural Delights (United States), Best Food Company LLC (Oman), Groundwork of Palm Beach County Inc. (United States), Bayara Saudi Arabia Ltd. (Saudi Arabia), Al Barakah Dates Factory LLC (United Arab Emirates), Hadiklaim Date Growers Cooperative (Israel), Maghadi Dates (Saudi Arabia), Haifa Dattes (Tunisia) and Atul Rajasthan Date Palm Ltd. (India) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Date Palm market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Date Palm market by Type, Application and Region.
On the basis of geography, the market of Date Palm has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand of Date Based Purees and Syrup
- Growing Food and Beverage Sector
- Inclination of Consumers towards Healthy Food Options
- Expansion of Conventional Bakery Goods
- Rising Demand for Organics
- Limited Number of Companies Is Available which Increases the Supply Demand Gap
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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