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Date Palm Market Is Expected to Reach US$ 11,621 Mn by 2025 – QY Research

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Los Angeles, CA -- (SBWIRE) -- 10/29/2018 -- This report studies the global market size of Date Palm in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Date Palm in these regions.

This research report categorizes the global Date Palm market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

Date palm is a flowering plant species in the palm family, Arecaceae, cultivated for its edible sweet fruit. Although its place of origin is unknown because of long cultivation, it probably originated from the Fertile Crescent region straddling between Egypt and Mesopotamia.

Product innovations addressing growing health concerns have changed the market dynamics on a global level. Increasing offerings by vendors using safe and healthy ingredients is responsible for the growing demand for healthy snacks, cookies, bakery, and desserts.

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The Date Palm market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Date Palm is expected to reflect a 1.3x increase in the revenue growth. In 2017 the global Date Palm market was valued at US$ 9,124 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 11,621 Mn growing at a value CAGR of 3.07% throughout the period of forecast.

The various contributors involved in the value chain of Date Palm include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Date Palm include

Natural Delights

Groundworks of Palm Beach Count

Bayara Saudi Arabia

Al Barakah Dates Factory

Maghadi Dates

Haifa Dattes

SUFFCO

Atul Rajasthan Date Palm

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Market Size Split by Type

Organic

Conventional

Market Size Split by Application

Household

Foodservice

Dietary Supplements

Personal Care & Cosmetics

Food Industry

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