Size Of Dating Market In Usa

Market Overview

The dating services market size was valued at $6.7 billion in 2018, and is expected to reach $9.9 billion by 2026, registering a CAGR of 5.2% from 2019 to 2026. The online segment led in terms of dating services market share in 2018 and is expected to retain its dominance throughout the forecast period.

Size Of Dating Market In Usa 2017

The date market accounted for around 9.6 million metric ton, and it is anticipated to witness a CAGR of 4.6% during the forecast period (2021-2026). The broadening of trade sanctions and high tariff barriers in reaction to the COVID-19 pandemic had a drastic detrimental effect on global food security. The Middle East and North African (MENA) region is the largest dates producer and supplier worldwide. As the number of cases continues to rise in the midst of the global coronavirus resurgence and its latest strains, several Middle Eastern countries have extended restrictions on movements that are expected to put a strain on supply chains. For instance, in February 2021, a 20-day extension was declared by the Kingdom of Saudi Arabia on restrictions placed earlier this month to stem the pandemic. The date market is expected to see a massive influence of the COVID-19 epidemic in 2021, as the fourth wave of the pandemic has exacerbated the supply-demand gap.

Revenue in the Online Dating segment is projected to reach US$3,601m in 2021. Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 7.13%, resulting in a projected market volume of. Oct 06, 2020 The Global Online Dating Market Size is expected to grow from USD 2.230 Billion in 2019 to USD 3.592 Billion by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 8.26%. In 2020, revenue. The Date Market is around 9.6 million metric ton is anticipated to witness a CAGR of 4.6% during the forecast period (2021-2026). Middle-East and Africa holds a major share of about 70% of the global consumption for dates. Key dating app market statistics for 2021. The global online dating market has witnessed continuous growth in the past few years and is expected to augment even further during the forecast period (2020-2024). Revenue in the Online Dating segment is projected to reach US$3,241m in 2021.

Size Of Dating Market In Usa 2019

Over the long term, the increased consumption of dates across the world, with the rising awareness about health benefits and rising demand for dates from the processing industries, is expected to drive the market growth over the study period. Fresh dates offer a variety of health benefits. They are a good source of vitamins and minerals such as calcium, iron, phosphorus, sodium, potassium, magnesium, and zinc. They also contribute fiber to the diet and have been shown to help prevent abdominal cancer. Hence, the increased awareness over the health benefits of date consumption has boosted their imports worldwide. However, some factors such as stringent regulations, risk of pests and diseases, and political uncertainties in the Middle Eastern region​ are expected to restrain the market growth during the forecast period.

Online Dating Market Size

Middle-East and Africa is observed as the largest market for dates globally. Egypt, Algeria, Saudi Arabia, Sudan, the United Arab Emirates, Iraq, Oman, and Morocco dominate the MENA region, based on the volume of dates consumption. Egypt ranked first, with the consumption of 1.6 million metric ton of dates in 2019. The highest per capita dates consumption was recorded in Oman, followed by the United Arab Emirates, Algeria, and Saudi Arabia. Owing to the increasing demand for dates, their consumption is expected to grow significantly during the forecast period.