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Showing posts with the label Dates

Future of the Saudi Arabia Dates Market

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 The future of the dates market  Saudi Arabia  looks promising, with the Kingdom continuing to strengthen its role as a global leader in date production and exports. According to MarkNtel Advisors, the market size is projected to rise from USD 238.19 million in 2025 to nearly USD 286.29 million by 2030 , achieving a steady CAGR of around 3.75% . This growth is fueled by cultural traditions, rising health awareness, and government-backed agricultural innovation. Key Growth Drivers Cultural Significance Dates hold a unique religious and cultural value in Saudi Arabia, especially during Ramadan. With over 93% of the population being Muslim, demand for dates peaks during this period, driving strong domestic sales. Government Initiatives The Agricultural Development Fund (ADF) and other government programs are providing billions in investments to improve palm farming, boost exports, and modernize food processing. This includes the issuance of 1,300 new industrial license...

Future of the GCC Dates Market

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The  GCC Dates Market size was valued at around USD 560.85 million in 2025 and is expected to reach USD 685.59 million by 2030 . Along with this, the market is estimated to grow at a CAGR of around 4.10% during the forecast period, i.e., 2025-30 . The GCC Dates Market is significantly growing due to several growth factors, including the high cultural and religious significance of dates, the high fraction of the Muslim population in the GCC countries, the rising government support through heavy investments, and the adoption of advanced farming practices etc. Key Drivers of  GCC Dates Market  Growth Strong Cultural & Domestic Consumption Dates remain a staple food across Saudi Arabia, the UAE, Oman, and other GCC nations, consumed both daily and during occasions like Ramadan. This cultural significance ensures a consistent domestic demand that provides a solid foundation for market expansion. Rising Global Exports The GCC has established itself as a le...