Middle East Dates Fruit Market (2019–2025) To Attain Market Value Of Us$ 9.14 Billion By 2025, Growing At A Reasonable Cagr Of 2.73%
According to report published by UMI, the Middle East dates fruit market is anticipated to reach a market valuation of US$ 9.14 billion by 2025, expanding at a reasonable CAGR of 2.73% in the course of forecast period (2019-2025). Favorable climatic conditions, surging production and competitive climatic advantage enjoyed by the Middle East region for date production are the major factor driving the dates fruit market in the region. Moreover, the traditional and religious values attached with the dates fruit especially during the “Ramadan month” along with its nutritional content have significantly fostered the demand for dates fruit in the Middle East countries. With more than 100 million date trees are cultivated at a global scale, with more than 90% grown in the Middle East region. Date fruits are primarily grown at four different stages namely; Kimri, Khalal/Bisr, Rutab, and Tamr. They become edible mainly in the last three stages accredited to decreased bitterness, enhanced sweetness, improved tenderness, and succulence. However, high prices and drought conditions along with the spread of insects and pests tend to hamper the market for dates fruit in the Middle East region.
For country wise consumption, production and demand of dates fruit in Middle East region browse through: https://univdatos.com/report/middle-east-market-insights-on-dates-fruit
In addition to this, dates are recognized worldwide, for their health benefits, as energy boosters as well as fruitful for bone health and their strengthening. Dates fruit are available at different supermarkets and hypermarkets such as Lulu, Carrefour supermarket stores at reasonable prices in UAE and Saudi Arabia among other Middle East countries. Their reputation as a source of essential minerals including calcium, iron, phosphorus, sodium, potassium, magnesium, zinc and vitamins A and K, as well as thiamine or vitamin B1, riboflavin, niacin, and folate, has considerably led to an uptick in its use as a semi-finished ingredient. Furthermore, expanding popularity of dates is largely owned to changing dietary habits among individuals with major focus on healthy eating. On the product front, dates are now being used in snack bars and cereals, jams, dairy products including flavored milk and ice-cream and are increasingly a base for fruit chutneys, sauces, pickle mixes, and condiments. In addition to this, food producers are transforming to more of natural sweeteners like date sugar and are reducing the added sugar content in their product offerings. Numerous other processed products such as pickles, chutney, jam, jelly, date-in-syrup, date butter, candy, date bars, and confectionary products are also being prepared using dates fruit. This has further increased the overall consumption of dates fruit in the Middle East countries including Saudi Arabia, UAE, Egypt and Kuwait among other countries
For country wise export & import scenario of date fruit in Middle East region browse through: https://univdatos.com/report/middle-east-market-insights-on-dates-fruit
Considering the export scenario of date fruits in the Middle East region, it is observed that kingdom of Saudi Arabia and the UAE alomng with Egypt are the most active countries with respect to market diversification indicated by number of countries to which dates are exported. For instance, in 2016, the UAE exported date fruits to around 110 countries while Saudi Arabia exported the respective fruit to around 64 countries during the same year. With respect to dates fruit imported in the Middle East countries, Tunisia was the largest exporter of dates in value terms. In 2016, the country exported around US$ 227 million of dates or 15% market share in global exports. While Iran contributed around US$ 209 million worth of dates followed by the UAE and Saudi Arabia. The UAE contributed US$ 160 million of date’s exports and Saudi Arabia contributed US$ 142 million.
The benefits of increasing production as well as the demand of dates fruit can also be witnessed extensively all around the Middle East region. Hence, in 2018, conventional dates held the major share in the Middle East date fruit market. The segment is anticipated to bring in earnings of US$ 3.09 billion by 2025. Under forms of dates fruit, processed form of dates is projected to enjoy the swiftest expansion throughout the reviewed period accredited to a drastic surge in demand for date derivatives. Moreover, Deglet Noor date dominate the market in 2018 and is expected to maintain its dominance during the forecast period to 2025. Favorable conditions for the production and ripening of Deglet Noor date fruit is the major factor driving the market.
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Additionally, for better understanding of demand and consumption of dates fruit in the Middle East region, detailed analysis has been done for distinct Middle East countries including Saudi Arabia, Egypt, UAE, Oman, Kuwait, Qatar and Bahrain. In 2018, Egypt was the most lucrative and the largest dates fruit market in terms of production, attributed to favorable government initiatives and concern given to dates industry in terms of boosting exports paired with new markets being opened to receive Egyptian dates and various strategies adopted to develop the date industry of the country. Moreover, Saudi Arabia was the largest exporter of dates among the GCC countries in 2017 due to the growing investments by Saudi date producers in improved technology, packaging and storage with an objective to boost the competitiveness of their date fruit exports. Additionally, UAE and Oman, are also poised to register drastic growth in dates fruit throughout the forecast period accredited to surging exports and growing demand due to its religious significance of date fruit.
Some of the major players operating in the Middle East Date market include Al Foah, Al Barakh Dates Factory, Hadiklaim Dates Grower Cooperative, Maghadi Dates, Haifa Dates, Kingdom Dates, Sharjah Dates, Sahara Dates, Emirates Dates and Al Mohamadia Dates Company. With an objective to enhance their product portfolio, these players have adopted various strategies to increase the production of dates fruit in their farms and factories to cater to the increasing customer demand for date fruits in different form.
Middle East Date Fruit Market
Market Insight by Nature
Market Insights by Form
Market Insight by Variety
- Deglet Noor
Market Insight by Country
- Saudi Arabia Date Fruit Market Insight
- Egypt Date Fruit Market
- United Arab Emirates Date Fruit Market
- Oman Date Fruit Market
- Kuwait Date Fruit Market
- Qatar Date Fruit Market
- Bahrain Date Fruit Market
Top 10 Company Profiled
- Al Foah
- Al Barakh Dates Factory
- Hadiklaim Date Growers Cooperative
- Maghadi Dates
- Haifa Dates
- Kingdom Dates
- Sharjah Dates
- Sahara Dates
- Emirates Dates
- Al Mohammadia Dates Company