Date Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Date Market analyzes the Production (Volume), Consumption (Value and Volume), and Trade in terms of Import (Value and Volume), Export (Value and Volume), and Price Trend analysis across the world. The Market is Segmented by Geography into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa.

Market Snapshot

Date Market Overview
Study Period: 2016 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: Middle-East and Africa
CAGR: 4.6 %
Date Market Major Players

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Market Overview

The date market accounted for around 9.6 million metric ton, and it is anticipated to witness a CAGR of 4.6% during the forecast period (2021-2026). The broadening of trade sanctions and high tariff barriers in reaction to the COVID-19 pandemic had a drastic detrimental effect on global food security. The Middle East and North African (MENA) region is the largest dates producer and supplier worldwide. As the number of cases continues to rise in the midst of the global coronavirus resurgence and its latest strains, several Middle Eastern countries have extended restrictions on movements that are expected to put a strain on supply chains. For instance, in February 2021, a 20-day extension was declared by the Kingdom of Saudi Arabia on restrictions placed earlier this month to stem the pandemic. The date market is expected to see a massive influence of the COVID-19 epidemic in 2021, as the fourth wave of the pandemic has exacerbated the supply-demand gap.

Over the long term, the increased consumption of dates across the world, with the rising awareness about health benefits and rising demand for dates from the processing industries, is expected to drive the market growth over the study period. Fresh dates offer a variety of health benefits. They are a good source of vitamins and minerals such as calcium, iron, phosphorus, sodium, potassium, magnesium, and zinc. They also contribute fiber to the diet and have been shown to help prevent abdominal cancer. Hence, the increased awareness over the health benefits of date consumption has boosted their imports worldwide. However, some factors such as stringent regulations, risk of pests and diseases, and political uncertainties in the Middle Eastern region​ are expected to restrain the market growth during the forecast period.

Middle-East and Africa is observed as the largest market for dates globally. Egypt, Algeria, Saudi Arabia, Sudan, the United Arab Emirates, Iraq, Oman, and Morocco dominate the MENA region, based on the volume of dates consumption. Egypt ranked first, with the consumption of 1.6 million metric ton of dates in 2019. The highest per capita dates consumption was recorded in Oman, followed by the United Arab Emirates, Algeria, and Saudi Arabia. Owing to the increasing demand for dates, their consumption is expected to grow significantly during the forecast period.

Scope of the Report

Dates are the fruit of the date palm tree, which is grown in many tropical regions of the world. Dates have a long shelf life and may be eaten fresh or dried. There are about hundreds of date varieties in the market, the popular ones including the deglet noor and medjool.

The date market analyzes the production (volume), consumption (value and volume), and trade in terms of import (value and volume), export (value and volume), and price trend analysis across the world. The market is segmented by geography into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa.

Geography (Production Analysis by Volume, Consumption Analysis by Volume and Value, Import Market Analysis by Volume and Value, Export Market Analysis by Volume and Value, and Price Trend Analysis)
North America
United States
Canada
Europe
Germany
United Kingdom
France
Netherlands
Italy
Asia-Pacific
India
Indonesia
Malaysia
Pakistan
South America
Brazil
Argentina
Middle-East and Africa
Unites Arab Emirates
Saudi Arabia
Oman
Egypt
Morocco

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Key Market Trends

Rising Awareness about Health Benefits of Dates is Driving the Market

Dates have an excellent nutrition profile. They are a rich source of vitamins and minerals, including iron, potassium, vitamin B, copper, magnesium, and fiber. Dates are also a good source of antioxidants, mainly carotenoids and phenolics. Dates are a popular food across the Middle East. They are a sign of hospitability, served both in greeting and post-meal. Further, with the emerging trend of healthy snacking, consumption is rising in other parts of the world as well. The United Arab Emirates was the largest dates importing country in 2019, with an import volume of 632 thousand metric ton. The imported growth in quantity was recorded at 219% per annum from 2018-19. India ranked second in date imports worldwide in 2019, with an import of about 282 thousand metric ton. Indonesia is another major importer of dates in the Asia-Pacific region.

Consumption is also rising in European countries, including France, Germany, the United Kingdom, and the Netherlands. European consumers are searching for healthier alternatives to snack between meals or for snacks that can replace meals. Younger consumers are switching from sweets such as candies and chocolate snacks to low-sugar alternatives. Thus, considering these factors, the date market is expected to witness significant growth over the forecast period.

Date Market Trends

Middle-East and Africa Dominates the Market

Middle-East and Africa holds a major share of about 70% of the global consumption for dates. Dates have been collected for their sweetness and have remained a staple food over thousands of years worldwide, particularly in the Middle-East and African region. Date fruit has a special significance in Islamic countries. Dates are traditionally served at iftar tables to break the fast during the holy month of Ramadan. They are also served at greetings, funerals, and post meals. The demand for dates peaks during the holy season of Ramadan, resulting in high imports of dates at that time.

In 2018, the per capita date consumption in Oman was recorded at the highest at 79 kilograms, followed by the United Arab Emirates (39 kilograms), Algeria (26 kilograms), and Saudi Arabia (19 kilograms). A similar uptrend in consumption is expected to be seen during the forecast period.

Date Market Growth

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain Analysis

      1. 4.4.1 Value Chain Overview

      2. 4.4.2 Price Markups in the Value Chain

      3. 4.4.3 Stakeholders in the Value Chain

  5. 5. MARKET SEGMENTATION

    1. 5.1 Geography (Production Analysis by Volume, Consumption Analysis by Volume and Value, Import Market Analysis by Volume and Value, Export Market Analysis by Volume and Value, and Price Trend Analysis)

      1. 5.1.1 North America

        1. 5.1.1.1 United States

        2. 5.1.1.2 Canada

      2. 5.1.2 Europe

        1. 5.1.2.1 Germany

        2. 5.1.2.2 United Kingdom

        3. 5.1.2.3 France

        4. 5.1.2.4 Netherlands

        5. 5.1.2.5 Italy

      3. 5.1.3 Asia-Pacific

        1. 5.1.3.1 India

        2. 5.1.3.2 Indonesia

        3. 5.1.3.3 Malaysia

        4. 5.1.3.4 Pakistan

      4. 5.1.4 South America

        1. 5.1.4.1 Brazil

        2. 5.1.4.2 Argentina

      5. 5.1.5 Middle-East and Africa

        1. 5.1.5.1 Unites Arab Emirates

        2. 5.1.5.2 Saudi Arabia

        3. 5.1.5.3 Oman

        4. 5.1.5.4 Egypt

        5. 5.1.5.5 Morocco

  6. 6. MARKET OPPORTUNITIES AND FUTURE TRENDS

  7. 7. IMPACT OF COVID-19 ON THIS MARKET

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Frequently Asked Questions

The Date Market market is studied from 2016 - 2026.

The Date Market is growing at a CAGR of 4.6% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Middle-East and Africa holds highest share in 2020.

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