Phoenix Dactylifera Market Size, Share, Growth, and Industry Application by Type (Conventional and Organic) By Application (Online Sales and Offline Sales), Regional Insights, and Forecast To 2031

Updated On: 22 April 2024

Phoenix Dactylifera Market Report Overview

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global phoenix dactylifera market size expanded rapidly in 2021 and the market is projected to grow substantially by 2031, exhibiting a prodigious CAGR during the forecast period.

The global phoenix dactylifera also known as, date palm, is a species of palm tree. It is cultivated for its sweet, edible fruit which is also called as date. This fruit is rich in nutrients, including fiber, potassium, magnesium and vitamins B6 and K. it is also a good source of energy due to its high sugar content. Dates are known for their potential health benefits, such as reducing inflammation, improving digestive health and promoting brain function. In traditional medicine, various parts of the date palm have been used to treat a range of ailments, including diabetes, hypertension and constipation. The increasing focus on health benefits is the major driving factor of this market.

The global phoenix dactylifera market progression can be credited to the upsurge in the demand due to increasing demand for plant-based food, awareness of health benefits and increasing exports of this fruit. It is known to have several health benefits, such as being rich in vitamins and minerals, aiding in digestion and promoting heart health. As people become more health-conscious the demand for natural and organic foods, including dates, is expected to rise. Overall, this fruit have long been valued for their nutritional and potential medicinal properties is expected to grow positively in the market.

COVID-19 Impact: Disruption in Global Supply Chain to Impede the Market

The effects of the COVID-19 pandemic are already being felt on a global level, the global phoenix dactylifera market was significantly influenced. The outbreak of COVID-19 had a negative impact on several markets. Various countries went into lockdown. With sudden pandemic, all kinds of businesses observed disruptions. The pandemic had a significant impact on the consumer goods as well. There was a significant disruption in global supply chain causing delays in the shipment of products and reducing the availability of key inputs such as fertilizers and pesticides. The growing demand for plant-based foods and awareness of health benefits are expected to led affective demand for this market.

LATEST TRENDS

"Increasing Demand for Organic and Sustainable Farming"

Consumers are becoming more aware of the environmental impact of their food choices and they are increasingly seeking out products that are produced in an environmentally friendly manner. As a result, there is a growing demand for organic and sustainable produced foods, including phoenix dactylifera. To meet this demand many phoenix dactylifera growers are adopting organic and sustainable farming practices. This includes using natural fertilizers, reducing water usage, and employing integrated pest management techniques to control pests and diseases. Overall, the increasing demand for organic and sustainable farming practices is a positive trend for the global phoenix and dactylifera market.   

Phoenix Dactylifera Market Segmentation

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• By Type

Based on type, the global phoenix dactylifera market is divided into conventional and organic. The conventional segment will capture the majority market share by 2031

• By Application

Based on application, the market is divided into online sales and offline sales. Online sales segment will witness stellar growth during the projected period.

DRIVING FACTORS

"Increasing Awareness of Health Benefits to Drive Market Forward "

Phoenix dactylifera is a rich source of vitamins, minerals and dietary fiber. Dates are a good source of energy and they contain various nutrients such as potassium, magnesium, calcium and iron. Due to their high nutritional value, dates are becoming popular as a healthy snack and ingredient in various food products. It is rich in antioxidants, which help to reduce the risk of chronic diseases such as heart disease and cancer. They also have anti-inflammatory properties and may help to improve digestive health. It is also has been used for centuries as a traditional to treat various ailments.  

"Increasing Demand for Plant-Based Foods to Sustain Market Growth"

As more consumers become aware of the environmental and ethical impacts of their food choices, they are choosing to support companies and products that align with their values. It is a natural and healthy food that is grown in many parts of the world, making it an attractive option for consumers who prioritize sustainability and ethical sourcing. It is a plant-based food that is suitable for vegan and vegetarian diets. As more people adopt these diets for ethical or environmental reasons, the demand for plant-based foods such as phoenix dactylifera is increasing.

RESTRAINING FACTORS

"Side Effects to Hinder Market Progress"

Climate change is affecting the production of dates by causing droughts, floods and other extreme weather events that can damage crops, reduce yield and affect the quality of dates. Date plants are susceptible to pests and diseases, such as the red palm weevil, which can cause significant damage to crops and reduce yield. It requires significant amount of water to grow, and in some areas, water resources are limited, making it difficult to produce dates. These product are perishable and require careful handling, transportation and storage can result in spoilage and affect the quality of the product. As consumers look for alternatives to traditional sugar, competition from other natural sweeteners such as honey and maple syrup is increasing, which can limit the demand for dates.

Phoenix Dactylifera Market Regional Insights

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"Europe to Dominate the Market Owing to Presence of Key Players "

European consumers have a high demand for dates, which drive the growth of market. As a result, European products have a strong incentive to invest in date production and to improve the quality of their products. Europe’s climate is well-suited foe date cultivation, particularly in the southern Mediterranean region. This region has warm and dry climate, which is ideal for growing date parms. This region has also made significant investment in agricultural technology, which have helped to increase the yield and quality of date crops and it also has a well-developed transportation infrastructure, which enables producers to quickly and efficiently transport their products to markets around the world.

Unites State is likely to hold the second-largest share in the market. U.S. is the melting pot of cultures and many cultures have a long history of using dates in their cuisine as dates are a traditional food in Middle Eastern, North African and Mediterranean diets, which are becoming increasingly popular in the United States. In recent years, there has been a growing number of date palm planation in California, which has increased the availability of dates in the market. Rising popularity of plant-based diets is also one of the factors made this region second largest share in this market.

Key Industry Players

"Market Players to Boost Market Growth"

The report delivers information about the list of market players and their operations in the industry. The information is collected and reported with proper research, technological developments, acquisitions, mergers, expanding production lines, and partnerships. Other aspects examined for this market include companies producing and introducing new products, regions they conduct their operations in, automation, technology adoption, generating the most revenue, and making a difference with their products.

List of Market Players Profiled

• Al Foah (UAE)
• Al Barakah Dates Factory (UAE)
• Hadiklaim Date Growers (Israel)
• Maghadi Dates (Saudi Arabia)
• Ario (Iran)
• Egyptian Export Center (Egypt)
• GNS Pakistan (Pakistan)
• Barari Group (UAE)
• Haifa Dates (Israel)
• ALMoosawi (UAE)
• Atul Rajasthan Date Palm (India)

REPORT COVERAGE

This research profiles a report with extensive studies that take into description of the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, restraints, and others. This analysis is subject to alteration if the key players and probable analysis of market dynamics changes.