/PRNewswire/ The date palm market is forecasted to grow by USD 8,646.14 million from 2022 to 2027. Moreover, the growth momentum will accelerate at a CAGR.
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NEW YORK, July 26, 2021 /PRNewswire/ The date palm market is poised to grow by USD 7.14 billion during 2021-2025, progressing at a CAGR of 5.81% during the forecast period.
Here is an Exclusive report talking about Market scenarios, Estimates, the impact of lockdown, and Customer Behaviour.
Attractive Opportunities in Date Palm Market - Forecast 2021-2025
The report on the date palm market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by factors such as the health benefits associated with date palm, the increasing use of date palm, and ethnic snacks, and the rise in demand for date palm kernel oil.
The DFM gained 0.99 per cent and ADX 1.98 per cent for the week ended April 8.
The top gainers were International Holding Co. (35 per cent), Gulf Cement Co (14.35 per cent), Arkan Building Materials (13.23 per cent), Zee Stores (9 per cent) and Abu Dhabi National Takaful (6.56 per cent). With a spectacular rise of 105 per cent, International Holding is the top performer so far this year.
The company s shares are supported by a string of acquisition deals that help it grow at a terrific pace. The second best was Dubai Insurance Co. with 78 per cent.
Agthia Group, an Abu Dhabi based F&B company with a market cap of Dh4.80 billion and a dividend yield of 2.51 per cent too, delivered a magnificent return of 56 per cent for shareholders. The company has a world-class portfolio of integrated businesses and brands, which include Al Ain Water, Grand Mills Flour and Yoplait Yogurt.
DNP: Abu Dhabi s F&B giant Agthia is working up an appetite for canny acquisitions gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.