Date palm is an old natural tree product, which is mostly found in Arab locale and is broadly developed and refined for the edible sweet fruit. Date palm has a mitigating & fundamental supplement and has a lot of unrefined fiber. Date palm is a significant dietary item which has cholesterol-free supplements. Date palm tree is one of the multi-usable tree which offers lumber, food, items, and cover. Date palm organic product is one of the rich wellsprings of food which contain minerals, filaments, sugars, and nutrients.
Some key players of the market are Natural Delights, Best Food Company LLC, Groundworks of Palm Beach County Inc., Bayara Saudi Arabia Ltd. Al Barakah Dates Factory LLC, Hadiklaim Date Growers Cooperative, Maghadi Dates, Haifa Dattes, SUFFCO, Atul Rajasthan Date Palm Ltd. And others.
COVID-19 Scenario Analysis
The sale of date palms and all other dry natural products have been influenced unfavorably in view of the lockdown. The supply of date palms and all other dry natural products has decreased to half in correlation with the most recent year due to the overall circumstances. Dates don't go under essential products list, so special consent is required for its transportation from the organization. Even after getting consent, workers were not accessible to stack or unload them.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Expanded interest for healthy diet and developed interest for healthy bites and pastries are the main considerations expected to drive the date palm market. More number of makers who pick date-based syrups and purees as one of the key fixings in their items and furthermore dried dates for upgrading dietary substance of ice cream and bread items are different factors expected to drive the demand for date palm. Besides, developed wellness pattern and expanding principles for wellbeing are among the other factors expected to drive development of the date palm market. One of the significant patterns seen in the worldwide date palm market is expanded interest for natural dates among customers.
New Product Launches to Flourish the Market
Organizations offer nourishment bars that contain date palm as a key ingredient as it is a rich wellspring of dietary fiber, sugars, and advanced with numerous different supplements. Makers are inclining toward date-based purees and syrups as one of the key fixings in their items. Furthermore, sweet shop makers in Middle East nations are progressively engaged toward offering date-based chocolates.
Surge in Usage of Automotive and Industrial Applications
The worldwide date palm market by end use is portioned into family units, foodservice, dietary enhancements, individual consideration, beauty care products, and food industry. Besides, food industry is sub-divided into bread & sweets, candy parlor, utilitarian food & healthful bars, and others. They are utilized in the treatment of neurodegenerative infections and disease. Makers produce consumable oil utilizing date palms as they are wealthy in fundamental unsaturated fats, for example, linoleic corrosive, palmitic corrosive, and stearic corrosive.
Key Benefits of the Report
- This study presents the analytical depiction of the global date palm market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global date palm market share.
- The current market is quantitatively analyzed to highlight the growth scenario of the global date palm market.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
- The report provides a detailed global date palm market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Date Palm Market Research Report
- Which are the leading players active in the date palm market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Date Palm Market Report Highlights
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