Honey Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts, 2018–2024

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Report Code: ZMR-2908 | Report Format : | Status : Upcoming |

Abstract

Global Honey Market: Overview

Honey is a natural sweetener obtained from honeybee in a liquid form. Honey has several health and medicinal benefits which had attracted it more towards the consumer. Honey has flavonoids and anti-oxidants which help in preventing cancer and heart risk. It can also reduce a cough and throat infection. Honey also has anti-bacterial properties which help in reducing infections. Honey is also very good for skin and is used in many cosmetics and also can be used directly in a natural form. Honey can boost human body’s metabolism and can help in weight-loss. This, in turn, results in rapid growth of honey market across the globe, especially among the health-conscious population.

Global Honey Market: Growth Factors

Honey is useful in lowering the cholesterol level. Therefore, it has generated huge demand in the urban market due to its numerous benefits to human life. Consumers demand natural honey, but every brand of honey available in the market doesn’t provide all pure or natural honey. Some brands provide adulterated honey which is not liked by consumers which can be a restraining factor for the honey market. Also, consumers demand different types of honey such as low-calorie honey, low-fat honey etc. which is expected to create potential opportunities for the players operating in the global honey market.

Global Honey Market: Segmentation

Honey Market segmented on the basis of product type, end use, and packaging. On the basis of the product type global honey market is segmented majorly as conventional honey, organic honey, and others. Edible honey extracted from different flowers and honey bee such as Raw honey- the most natural form of honey, Clover honey- does contain carbohydrates in the form of sugar but has several health benefits as compared to sugar, Buckwheat honey- claims to be better version as it is darker in color n darker honey claim to have more antioxidants and higher mineral content, Organic honey- this is a sort of natural honey as it is not infused with any unnatural preservatives or any unnatural product but is not in the natural form. The processes that are implied upon doesn’t make it unnatural but only kills the bacteria and the honey still remain away from the unnatural ingredient, Elvish honey- elvish honey is from turkey and considered to be the most expensive honey in the world, Granulated honey- is a powdered form of honey that is made by drying or freezing the honey in order to remove water from it, Blueberry honey- it claims to be derived from the blueberry flowers, Eucalyptus honey- it is used in making sauces, dressings and is derived from a plant, Vanilla infused honey- vanilla is infused in the honey just to add the flavorFireweed honey- is extracted from the medicinal plant “The rosebay willow herb” and is used in teas and has some medicinal benefits, Manuka honey- made from the nectar of the manuka tree. The global honey market is segmented on the basis of end users food and beverage, cosmetics products, medicinal products, and others. The global honey market is further segmented on the basis of packaging including jar, tube, bottle, box, etc.

Global Honey Market: Regional Analysis

Based on geography global honey market is segmented into five major segments including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific is expected to dominate the global honey market over the forecast period. In terms of value, North America and Europe are followed by the Asia Pacific in the global honey market. leads the market share for many types of honey. Latin America, Middle East, and Africa honey market are expected to expand in the subsequent years.

Global Honey Market: Competitive Players

Some of the key players profiled in the global honey market include Dabur India Ltd., Bee Maid Honey Ltd., Comvita Ltd., Lamex Food Group Ltd., Billy Bee Honey Products, Beeyond The Hive, CapilanoHoney Ltd., Barkman Honey LLC, Watson & Son,
and Streamland.

Global Honey Market:  Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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