Honey Market - Trends Forecast Till 2028

Market Overview

The global Honey market is anticipated to reach USD 9.8 billion in 2021 growing at a CAGR of 8.7% during the forecasting period, 2021-2028.

Honey is a viscous fluid that is sweet in taste is produced by honey bees. Its sweet taste is due to fructose sugar present in it. It has multiple health benefits due to the antioxidants and natural chemicals in it. Honey has a long shelf life due to gluconic acid and hydrogen peroxide present in it. China is the major producer of honey. The Fermentation of honey can be prevented by storing it in sealed containers.

Due to an increased awareness amongst people about a healthy lifestyle along with the expanding demand for nutritious food and also the health benefits provided by honey are some of the factors that have supported long-term expansion for the Honey industry.

Key Findings

The global Honey market is segmented into Distribution Channel, Application and geography.

Distribution Channel segment is segmented into Online, Supermarket/Hypermarket

Application segment is segmented into Food & Beverages, Personal Care & Cosmetics

Geographically, the global Honey market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in the global Honey market are Companies Profiled  Beeyond the Hive, Dabur India Ltd., Patanjali Ayurved, Capilano Honey Ltd., Barkman Honey, LLC., New Zealand Honey Co., Oha Honey LP, Bee Maid Honey Ltd., Streamland Biological Technology Ltd., Dutch Gold Honey, Inc. among others.

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for the Honey market so as to understand the trends and the factors involved in changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope