The demand for dates in India is forecasted to see a steady increase from 435.0 thousand metric tons in 2024 to 456.0 thousand metric tons in 2028. In the past years, up to 2023, the demand stood at approximately 430.0 thousand metric tons. The forecasted year-on-year growth rate illustrates a consistent rise of around 1.1% to 1.3% annually from 2024 to 2028. Over this five-year span, the compound annual growth rate (CAGR) is projected to be modest and stable, suggesting a steady market expansion.
Future trends to watch for include:
- Changing consumer preferences towards healthier snacking options that can influence demand.
- Potential impacts of climate change on date production in major exporting countries.
- Trade policy changes affecting import rates and domestic availability.
- Technological advancements in agriculture improving yield and quality.