The dates market size has grown strongly in recent years. It will grow from $26.78 billion in 2023 to $28.52 billion in 2024 at a compound annual growth rate (CAGR) of 6.5%. The expansion observed in the historic period can be attributed to several factors, including the increasing adoption of dates in the food and beverage industry, the emergence of e-commerce platforms as new distribution channels, growing consumer demand for cookies, healthy snacks, desserts, and bakery products, and the rising popularity of vegan and plant-based diets.
The dates market size is expected to see strong growth in the next few years. It will grow to $37.3 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The projected growth in the forecast period is expected to be driven by several factors, including the increasing demand for healthy snacks, a growing emphasis on health consciousness among consumers, and the popularity of snackable and convenient food options. Additionally, major trends anticipated in this period include the development of innovative date-based products, a shift towards organic and sustainable production practices, the introduction of novel product offerings, and a heightened focus on research and development efforts.
The growing trend of health consciousness is anticipated to drive the expansion of the data market in the future. Health consciousness refers to individuals' heightened awareness and concern for their health and overall well-being. This surge in health consciousness stems from increased awareness of chronic diseases, a growing emphasis on personalized health approaches, the influence of social trends, and a desire for enhanced longevity and quality of life. Dates, known for their nutrient density, are increasingly incorporated into health-conscious diets due to their various health benefits, such as boosting sexual stamina, alleviating alcohol intoxication, and providing medicinal properties like aiding in constipation relief, managing intestinal disorders, and combating anemia. For instance, in 2023, as per a survey conducted by the US-based nonprofit organization International Food Information Council, 52% of Americans ages 18 to 80 reported following a diet or eating pattern in the past year, marking a significant increase from previous years (39% in 2021), with expectations of further growth in the coming years. This trend underscores the role of rising health consciousness in driving demand within the dates market.
Key players in the date market are actively developing improved and more effective products, such as organic date sugar, to cater to health-conscious consumers seeking healthier sugar alternatives. Organic date sugar is a nutrition-focused sweetener derived from organically sourced dates that are dried and processed into a powdered form. For example, in August 2023, Just Date, a US-based brand founded by a mother and doctor, revolutionized the sugar category by introducing organic date sugar in sprout stores. This product features a rich caramel flavor and boasts natural high antioxidant content, providing consumers with a well-rounded nutritional profile. It belongs to a growing segment of nutrient-dense sweeteners and functional nutrition products tailored for health-conscious individuals seeking nutrient-rich options in their dietary choices. Moreover, its high fiber content promotes digestive health, offers a natural energy boost, and contributes to heart health.
In October 2021, The Savola Group, a Saudi Arabia-based grocery store company, completed the acquisition of Bayara Holding Limited for an undisclosed sum. This strategic acquisition aligns with Savola's growth strategy, focusing on expanding its presence in high-growth, value-added food categories targeted at younger consumers. Bayara Holding Limited, based in the UAE, specializes in offering a diverse range of coated and stuffed dates, catering to the preferences of health-conscious consumers seeking quality food options.
Major companies operating in the dates market are Al Foah Company, Bateel International, Barari Dates Factory, Datepac LLC, Desert Valley Date, Lion Dates, Sphinx Ranch LLC, Al Barakah Dates Factory, Hadiklaim Date Growers Cooperative Ltd., Emirates Dates Factory, Al Mohamadia Dates Company, Al Madina Dates Company, Urban Platter, The Medjool Date Company, Bard Valley Natural Delights, Oasis Baklawa, Saudi Dates Company, Muscat Dates Factory, Al Raiqa Date Fruit Trading Co LLC, Riyadh Dates Factory, Deliciouslydates.com, Coachella's Best Dates, Sam Cobb Farms, Basaqat Elite Dates Company, AlYasmeen Organic.
Middle East and Africa was the largest region in the dates market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dates market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Dates are the fruits of the date palm tree, scientifically known as Phoenix dactylifera, cultivated extensively in tropical and subtropical regions worldwide for their delectable taste and rich nutritional content. These fruits are typically oval-shaped, containing a single pit or seed.
The primary types of dates encompass fresh dates, dried dates, date pastes, date syrups, and various date-based products. Fresh dates, harvested from date palm trees in tropical regions, are distinct from their dried counterparts. They are versatile ingredients utilized in numerous recipes, including almond stuffing, chocolate coating, and syrup preservation. Available in diverse varieties such as medjool, deglet noor, zahidi, barhi, and others, they are offered in both conventional and organic forms. Distribution channels for dates include supermarkets, specialty stores, online platforms, and more, catering to applications spanning household consumption, the food and beverage industry, dietary supplements, personal care and cosmetics, food service, among others.
The dates market research report is one of a series of new reports that provides dates market statistics, including dates industry global market size, regional shares, competitors with dates market share, detailed dates market segments, market trends, and opportunities, and any further data you may need to thrive in the dates industry. This dates market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dates market consists of sales of date jam, date bars, date cookies, date vinegar, barhi dates, dayri dates, thoory dates and date vinegar. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The dates market size is expected to see strong growth in the next few years. It will grow to $37.3 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The projected growth in the forecast period is expected to be driven by several factors, including the increasing demand for healthy snacks, a growing emphasis on health consciousness among consumers, and the popularity of snackable and convenient food options. Additionally, major trends anticipated in this period include the development of innovative date-based products, a shift towards organic and sustainable production practices, the introduction of novel product offerings, and a heightened focus on research and development efforts.
The growing trend of health consciousness is anticipated to drive the expansion of the data market in the future. Health consciousness refers to individuals' heightened awareness and concern for their health and overall well-being. This surge in health consciousness stems from increased awareness of chronic diseases, a growing emphasis on personalized health approaches, the influence of social trends, and a desire for enhanced longevity and quality of life. Dates, known for their nutrient density, are increasingly incorporated into health-conscious diets due to their various health benefits, such as boosting sexual stamina, alleviating alcohol intoxication, and providing medicinal properties like aiding in constipation relief, managing intestinal disorders, and combating anemia. For instance, in 2023, as per a survey conducted by the US-based nonprofit organization International Food Information Council, 52% of Americans ages 18 to 80 reported following a diet or eating pattern in the past year, marking a significant increase from previous years (39% in 2021), with expectations of further growth in the coming years. This trend underscores the role of rising health consciousness in driving demand within the dates market.
Key players in the date market are actively developing improved and more effective products, such as organic date sugar, to cater to health-conscious consumers seeking healthier sugar alternatives. Organic date sugar is a nutrition-focused sweetener derived from organically sourced dates that are dried and processed into a powdered form. For example, in August 2023, Just Date, a US-based brand founded by a mother and doctor, revolutionized the sugar category by introducing organic date sugar in sprout stores. This product features a rich caramel flavor and boasts natural high antioxidant content, providing consumers with a well-rounded nutritional profile. It belongs to a growing segment of nutrient-dense sweeteners and functional nutrition products tailored for health-conscious individuals seeking nutrient-rich options in their dietary choices. Moreover, its high fiber content promotes digestive health, offers a natural energy boost, and contributes to heart health.
In October 2021, The Savola Group, a Saudi Arabia-based grocery store company, completed the acquisition of Bayara Holding Limited for an undisclosed sum. This strategic acquisition aligns with Savola's growth strategy, focusing on expanding its presence in high-growth, value-added food categories targeted at younger consumers. Bayara Holding Limited, based in the UAE, specializes in offering a diverse range of coated and stuffed dates, catering to the preferences of health-conscious consumers seeking quality food options.
Major companies operating in the dates market are Al Foah Company, Bateel International, Barari Dates Factory, Datepac LLC, Desert Valley Date, Lion Dates, Sphinx Ranch LLC, Al Barakah Dates Factory, Hadiklaim Date Growers Cooperative Ltd., Emirates Dates Factory, Al Mohamadia Dates Company, Al Madina Dates Company, Urban Platter, The Medjool Date Company, Bard Valley Natural Delights, Oasis Baklawa, Saudi Dates Company, Muscat Dates Factory, Al Raiqa Date Fruit Trading Co LLC, Riyadh Dates Factory, Deliciouslydates.com, Coachella's Best Dates, Sam Cobb Farms, Basaqat Elite Dates Company, AlYasmeen Organic.
Middle East and Africa was the largest region in the dates market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the dates market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Dates are the fruits of the date palm tree, scientifically known as Phoenix dactylifera, cultivated extensively in tropical and subtropical regions worldwide for their delectable taste and rich nutritional content. These fruits are typically oval-shaped, containing a single pit or seed.
The primary types of dates encompass fresh dates, dried dates, date pastes, date syrups, and various date-based products. Fresh dates, harvested from date palm trees in tropical regions, are distinct from their dried counterparts. They are versatile ingredients utilized in numerous recipes, including almond stuffing, chocolate coating, and syrup preservation. Available in diverse varieties such as medjool, deglet noor, zahidi, barhi, and others, they are offered in both conventional and organic forms. Distribution channels for dates include supermarkets, specialty stores, online platforms, and more, catering to applications spanning household consumption, the food and beverage industry, dietary supplements, personal care and cosmetics, food service, among others.
The dates market research report is one of a series of new reports that provides dates market statistics, including dates industry global market size, regional shares, competitors with dates market share, detailed dates market segments, market trends, and opportunities, and any further data you may need to thrive in the dates industry. This dates market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The dates market consists of sales of date jam, date bars, date cookies, date vinegar, barhi dates, dayri dates, thoory dates and date vinegar. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Dates Market Characteristics3. Dates Market Trends and Strategies32. Global Dates Market Competitive Benchmarking33. Global Dates Market Competitive Dashboard34. Key Mergers and Acquisitions in the Dates Market
4. Dates Market - Macro Economic Scenario
5. Global Dates Market Size and Growth
6. Dates Market Segmentation
7. Dates Market Regional and Country Analysis
8. Asia-Pacific Dates Market
9. China Dates Market
10. India Dates Market
11. Japan Dates Market
12. Australia Dates Market
13. Indonesia Dates Market
14. South Korea Dates Market
15. Western Europe Dates Market
16. UK Dates Market
17. Germany Dates Market
18. France Dates Market
19. Italy Dates Market
20. Spain Dates Market
21. Eastern Europe Dates Market
22. Russia Dates Market
23. North America Dates Market
24. USA Dates Market
25. Canada Dates Market
26. South America Dates Market
27. Brazil Dates Market
28. Middle East Dates Market
29. Africa Dates Market
30. Dates Market Competitive Landscape and Company Profiles
31. Dates Market Other Major and Innovative Companies
35. Dates Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Dates Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on dates market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for dates? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The dates market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Fresh Dates; Dried Dates; Date Pastes; Date Syrups; Date-Based Products2) by Variety: Medjool Dates; Deglet Noor Dates; Zahidi Dates; Barhi Dates; Other Varieties
3) by Nature: Conventional; Organic
4) by Distribution Channel: Supermarkets Or Hypermarkets; Specialty Stores; Online Stores; Other Distribution Channels
5) by Application: Household Use; Food and Beverages Industry; Dietary Supplements; Personal Care and Cosmetics; Food Service; Other Applications
Key Companies Mentioned: Al Foah Company; Bateel International; Barari Dates Factory; Datepac LLC; Desert Valley Date
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Al Foah Company
- Bateel International
- Barari Dates Factory
- Datepac LLC
- Desert Valley Date
- Lion Dates
- Sphinx Ranch LLC
- Al Barakah Dates Factory
- Hadiklaim Date Growers Cooperative Ltd.
- Emirates Dates Factory
- Al Mohamadia Dates Company
- Al Madina Dates Company
- Urban Platter
- The Medjool Date Company
- Bard Valley Natural Delights
- Oasis Baklawa
- Saudi Dates Company
- Muscat Dates Factory
- Al Raiqa Date Fruit Trading Co LLC
- Riyadh Dates Factory
- Deliciouslydates.com
- Coachella's Best Dates
- Sam Cobb Farms
- Basaqat Elite Dates Company
- AlYasmeen Organic
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | June 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 28.52 Billion |
Forecasted Market Value ( USD | $ 37.3 Billion |
Compound Annual Growth Rate | 6.9% |
Regions Covered | Global |