About Palm Date Processing Equipment
The global Palm Date Processing Equipment market is expected to witness high demand due to the increasing fruit processing industry across the globe. and Palm Date Processing Equipment is used for various tasks such as jujube cleaning, air drying, grading, and other tasks. The date palm cleaning and drying line mainly composed of a date cleaning machine, hair roller cleaning machine, air dryer, classifier, and other machines. The date is rich in nutrients, The vigorous development in the palm date processing industry is the main driver of the global Palm Date Processing Equipment market. The date palm is also one of the most important income-generating crops, providing a major source of export earnings and livelihoods for millions of rural smallholders. Globally date palm production covers an area of 1 092 104 hectares with a total production of 8 526 218 MT. Its cultivation expands to Asia (6,48,372 ha), Africa (4,35,763 ha), Europe (947 ha), and the Americas (7022 ha).
Attributes | Details |
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Study Period | 201-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.9% |
The Global Palm Date Processing Equipment Market seems to be fragmented in the year 2020 due to several players operating in the global market. Analyst at AMA Research estimates that European Manufacturers will contribute the maximum growth to Global Palm Date Processing Equipment market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Bertuzzi Food Processing Srl (Italy), Key Technology, Inc. (United States), Tomra Systems ASA (Norway), Pigo S.r.l. (Italy), CFT S.p.A (Italy), Greentechnology Srl (Italy), Unitec S.p.A (Italy), Frumak Makine Sanayi (Turkey) and Frumak Makine Sanayi (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Palm Date Processing Equipment market by Type (Fully Automated Equipment and Semi-automatic Equipment), Application (Jam Company and Dried Fruit Company) and Region.
On the basis of geography, the market of Palm Date Processing Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2023. North America & Asia Pacific, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Sales Channel, the sub-segment i.e. Online Sales Channel will boost the Palm Date Processing Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Fumigation will boost the Palm Date Processing Equipment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High demand due to health-related benefits of the dates and The upsurging demand for the date paste as well as pitted dates
Market Growth Drivers:
The growing demand for organic dates across the globe and The upsurging application for the producing palm date products
Challenges:
The concern related to pre-used palm date processing equipment
Restraints:
The traditional method of palm date processing poses a major threat to manufacturers of palm date processing equipment
Opportunities:
The increasing use of palm dates syrap as a substitute for sugar and The technology innovation and development of the equipment
Market Leaders and their expansionary development strategies
On June 21, 2023 – Through a strategic expansion of their relationship, Accenture (NYSE: ACN) and Google Cloud will help organizations reinvent their businesses with generative AI to unlock new growth opportunities, supported by substantial new investments by Accenture.
In SEPTEMBER 2022, The Association of Agricultural Research Institutions in the Near East and North Africa (AARINENA) has announced the establishment of a platform for research, technology and innovation for the integrated production system of the Date Palm, in collaboration with the Food and Agriculture Organization of the United Nations (FAO).
Key Target Audience
Palm Date Processing Equipment Manufacturer, Palm Date Processing Equipment Suppliers, Distributors, Government Regulatory Bodies, Private Research Organizations, Government Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.