According to a recent report on date palm market by TMR analysts, the market is expected to reach $4,578 mn in revenues by 2026. The market is expected to witness modest growth at 3.2% CAGR during 2018-2026. The rise in demand for organics date, adoption of organic farming in key producing regions like California, and increasing popularity as a food sweetener are expected to emerge as key driver for growth.
Read report Overview-
The demand for organics continues to rise as consumers across various food categories opt for healthier choices and natural food ingredients. The rising new applications like date food syrup is also expected to create new opportunities for players in the date palm market. Date palm syrup is preferable for patients with illnesses like diabetes. It can offer similar levels of sweetness, yet lower amounts of sugar. Moreover, organic dates can boost the healthy appeal of these syrups in the near future.
Request PDF Brochure –
Landscaping Remains a Major Draw
Date palm trees were conventionally associated with values like fertility and abundance. Additionally, these aesthetically pleasing trees can offer fruits which are tasty and can be preserved in places like desserts for a long time. These trees also find a popular spot on brochures for tourists or real estate ads.
REQUEST FOR COVID19 IMPACT ANALYSIS –
Their growing popularity in places like Southern California, Florida are expected to open new opportunities for players in the date palm market. There are many varieties of the date palm trees and many of these are ideal for different purposes. The growing hybrid selection methods, new natural varieties, and growing demand for landscaping in the construction sector are expected to drive growth.
Date-based purees and syrups are witnessing a growing demand in the food and beverage sector. The rising growth of food and beverage sector due to e-commerce and growing demand for healthy products are expected to drive growth for the date palm market. Apart from syrups, date-based chocolates are also drawing more consumers towards new food sweeteners. The expansion of various food items in the global market is also creating new opportunities for experimentation to appeal to new consumers. Moreover, the date palm has enjoyed a strong appeal in Middle East and continues to be a major draw in places like California as well. The rising demand for organics, growing demand for healthy food options, and growing expansion of conventional bakery goods market are expected to drive significant growth.
Buy Now :
This review is based on a TMR report, titled, “Date Palm Market (Nature – Organic, Conventional; Form – Raw, Processed; Variety – Deglet Noor, Medjool, Barhi, and Zahidi; End Use – Household, Foodservice, Dietary Supplements, Personal Care & Cosmetics, and Food Industry) – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Transparency Market Research,
90 Sate Street, Suite 700,
Albany, NY 12207
USA – Canada Toll Free: 866-552-3453
Why pay for news and opinions when you can get them for free?
Subscribe for free now!
By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
BUSINESS1 day ago
Baer says exposure to single group tops 600 million francs, as Signa crisis deepens
INVESTING1 day ago
UK’s FTSE 100 dips on miners, energy drag
FINANCE1 day ago
BoE’s Bailey says getting inflation to 2% will be ‘hard work’
INVESTING1 day ago
Marketmind: Markets turn risk-averse after bumper month