The Indian dates market size in volume has experienced various fluctuations over the past decade. In 2023, the market stood at 429,000 metric tons. Observing year-on-year variations, there were notable increases, such as in 2018 (10.72%) and 2016 (11.15%), counterbalanced by occasional declines like in 2015 (-6.82%) and 2019 (-1.94%). Recent years have shown steadier growth with minor increases, averaging 1.42% from 2021 to 2023. The CAGR for the last five years sits at 0.76%, indicating modest annual growth.
Forecasts for the upcoming years indicate a continued increase in market size volume, with an anticipated CAGR of 0.95% from 2024 to 2028. This suggests a gradual yet steady growth trajectory for the dates market in India, reaching approximately 456,000 metric tons by 2028, reflecting a total growth rate of 4.83% over this period.
Future trends to watch for include potential impacts of climate change on agricultural yields, shifts in consumer preferences towards healthier snacking options, and technological advancements in food processing and supply chain efficiencies which could further influence market dynamics.
