+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Honey Market Size, Share & Trends Analysis Report by Processing (Organic, Conventional), by Distribution Channel (Hypermarkets & Supermarkets, Online, Convenience Stores), by Region, and Segment Forecasts, 2022-2030

  • PDF Icon

    Report

  • 90 Pages
  • February 2022
  • Region: Global
  • Grand View Research
  • ID: 5415620
The global honey market size is expected to reach USD 13.57 billion by 2030. It is expected to expand at a CAGR of 5.2% from 2022 to 2030. Increased demand for nutritious and natural sugar alternatives and healthy spreads is expected to drive the market. The growing demand for vegan and organic honey products, including soups, challah, and hot toddy, is likely to fuel the overall growth of this market.



In addition, inclination towards the use of natural ingredients including honey by several pharmaceutical companies for treatments, such as hemodialysis, diabetic foot ulcers (DFUs), autolytic debridement, mucositis, vernal keratoconjunctivitis, and hemorrhoid, will fuel the market growth. Honey infused with natural ingredients helps boost the body’s healing process at a faster rate.

The conventional processing segment held the largest revenue share in 2021 and is expected to maintain its lead over the forecast period. The popularity of these products due to a variety of applications in the food and beverages and beauty and personal care industries is the key factor driving the segment. New product launches by companies in this segment are projected to fuel the market growth.

The hypermarkets and supermarkets distribution channel segment held the largest revenue share in 2021. Owing to the shopping experience offered by these establishments, a large percentage of people prefer to buy products from hypermarkets and supermarkets. Other key reasons contributing to the expansion of this distribution channel are the opportunity to physically inspect these products and the assistance provided. The market is characterized by the presence of a few well-established players and several small and medium players.

Honey Market Report Highlights

  • The organic processing segment is projected to register the fastest CAGR of 5.9% from 2022 to 2030 as manufacturers are launching various organic products owing to consumer demand
  • The online distribution channel segment is expected to register the fastest growth rate during the forecast period owing to a shift in consumer shopping behavior. Due to the availability of doorstep delivery, easy payment methods, and significant discounts, consumers prefer buying honey products from online websites
  • Asia Pacific is expected to register the highest CAGR from 2022 to 2030 due to the emerging markets of China and India. The growing number of new product launches and rising concerns over health are likely to positively influence the growth of the Asia Pacific market


This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Honey Market

What is the estimated value of the Global Honey Market?

The Global Honey Market was estimated to be valued at $9.01 Billion in 2022.

What is the growth rate of the Global Honey Market?

The growth rate of the Global Honey Market is 5.3%, with an estimated value of $13.57 Billion by 2030.

What is the forecasted size of the Global Honey Market?

The Global Honey Market is estimated to be worth $13.57 Billion by 2030.

Who are the key companies in the Global Honey Market?

Key companies in the Global Honey Market include Beeyond the Hive, Barkman Honey LLC, Dabur India Ltd., Capilano Honey Ltd., New Zealand Honey Co., Streamland Biological Technology Ltd., Oha Honey LP, Billy Bee Honey Products, Little Bee Impex and Dutch Gold Honey, Inc..

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation& Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Processing Outlook
2.3. Distribution channel Outlook
2.4. Regional Outlook
2.5. Competitive Insights
Chapter 3. Honey Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Impact of COVID-19 on the Honey Market
3.4. Industry Value Chain Analysis
3.4.1. Sales/Retail Channel Analysis
3.4.2. Profit Margin Analysis
3.5. Market Dynamics
3.5.1. Driver Impact Analysis
3.5.2. Restraint Impact Analysis
3.5.3. Industry Challenges
3.5.4. Industry opportunities
3.6. Business Environment Analysis
3.6.1. Industry Analysis - Porter’s Five Forces
3.6.1.1. Supplier Power
3.6.1.2. Buyer Power
3.6.1.3. Substitution Threat
3.6.1.4. Threat from New Entrant
3.6.1.5. Competitive Rivalry
3.7. Roadmap of Honey Market
3.8. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Demographic Analysis
4.2. Consumer Trends and Preferences
4.3. Factors Affecting Buying Decision
4.4. Consumer Product Adoption
4.5. Observations & Recommendations
Chapter 5. Honey Market: Processing Estimates & Trend Analysis
5.1. Processing Movement Analysis & Market Share, 2021 & 2030
5.2. Organic
5.2.1. Market estimates and forecast for organic, 2017 - 2030 (USD Million)
5.3. Conventional
5.3.1. Market estimates and forecast for conventional, 2017 - 2030 (USD Million)
Chapter 6. Honey Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution channel Movement Analysis & Market Share, 2022 & 2030
6.2. Hypermarkets & Supermarkets
6.2.1. Market estimates and forecast through hypermarkets & supermarkets, 2017 - 2030 (USD Million)
6.3. Convenience Stores
6.3.1. Market estimates and forecast through convenience stores, 2017 - 2030 (USD Million)
6.4. Online
6.4.1. Market estimates and forecast through online, 2017 - 2030 (USD Million)
6.5. Others
6.5.1. Market estimates and forecast through others, 2017 - 2030 (USD Million)
Chapter 7. Honey Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2021 & 2030
7.2. North America
7.2.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.2.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.2.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.2.4.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.2.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.3.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3.4. Germany
7.3.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.4.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.3.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3.5. U.K.
7.3.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.5.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.3.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.3.6. France
7.3.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.3.6.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.3.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.4.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.4.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.4.5. Japan
7.4.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.5.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.4.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.4.6. India
7.4.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.4.6.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.4.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.5.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.5.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.6.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.6.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
7.6.4. Saudi Arabia
7.6.4.1. Market estimates and forecast, 2017 - 2030 (USD Million)
7.6.4.2. Market estimates and forecast, by processing, 2017 - 2030 (USD Million)
7.6.4.3. Market estimates and forecast, by distribution channel, 2017 - 2030 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2021
Chapter 9. Company Profiles
9.1. Beeyond the Hive
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Strategic Initiatives
9.2. Barkman Honey LLC
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Strategic Initiatives
9.3. Dabur India Ltd.
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Strategic Initiatives
9.4. Capilano Honey Ltd.
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Strategic Initiatives
9.5. New Zealand Honey Co.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Strategic Initiatives
9.6. Streamland Biological Technology Ltd.
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Strategic Initiatives
9.7. Oha Honey LP
9.7.1. Company Overview
9.7.2. Product Benchmarking
9.7.3. Strategic Initiatives
9.8. Billy Bee Honey Products
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Strategic Initiatives
9.9. Little Bee Impex
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Strategic Initiatives
9.10. Dutch Gold Honey, Inc.
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Strategic Initiatives
List of Tables
1. Honey market-Driving factor impact analysis
2. Honey market-Restraint factor impact analysis
3. Organic market estimates and forecast, 2017-2030 (USD million)
4. Conventional market estimates and forecast, 2017-2030 (USD million)
5. Honey market estimates and forecasts through hypermarkets & supermarkets, 2017-2030 (USD million)
6. Honey market estimates and forecasts through convenience stores, 2017-2030 (USD million)
7. Honey market estimates and forecasts through online, 2017-2030 (USD million)
8. Honey market estimates and forecasts through other distribution channels, 2017-2030 (USD million)
9. North America honey market estimates and forecast, 2017-2030 (USD Million)
10. North America honey market estimates and forecast by processing, 2017-2030 (USD Million)
11. North America honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
12. U.S. honey market estimates and forecast, 2017-2030 (USD Million)
13. U.S. honey market estimates and forecast by processing, 2017-2030 (USD Million)
14. U.S. honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
15. Europe honey market estimates and forecast, 2017-2030 (USD Million)
16. Europe honey market estimates and forecast by processing, 2017-2030 (USD Million)
17. Europe honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
18. Germany honey market estimates and forecast, 2017-2030 (USD Million)
19. Germany honey market estimates and forecast by processing, 2017-2030 (USD Million)
20. Germany honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
21. U.K. honey market estimates and forecast, 2017-2030 (USD Million)
22. U.K. honey market estimates and forecast by processing, 2017-2030 (USD Million)
23. U.K. honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
24. France honey market estimates and forecast, 2017-2030 (USD Million)
25. France honey market estimates and forecast by processing, 2017-2030 (USD Million)
26. France honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
27. Asia Pacific honey market estimates and forecast, 2017-2030 (USD Million)
28. Asia Pacific honey market estimates and forecast by processing, 2017-2030 (USD Million)
29. Asia Pacific honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
30. China honey market estimates and forecast, 2017-2030 (USD Million)
31. China honey market estimates and forecast by processing, 2017-2030 (USD Million)
32. China honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
33. Japan honey market estimates and forecast, 2017-2030 (USD Million)
34. Japan honey market estimates and forecast by processing, 2017-2030 (USD Million)
35. Japan honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
36. India honey market estimates and forecast, 2017-2030 (USD Million)
37. India honey market estimates and forecast by processing, 2017-2030 (USD Million)
38. India honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
39. Central & South America honey market estimates and forecast, 2017-2030 (USD Million)
40. Central & South America honey market estimates and forecast by processing, 2017-2030 (USD Million
41. Central & South America honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
42. Middle East & Africa honey market estimates and forecast, 2017-2030 (USD Million)
43. Middle East & Africa honey market estimates and forecast by processing, 2017-2030 (USD Million)
44. Middle East & Africa honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
45. Saudi Arabia honey market estimates and forecast, 2017-2030 (USD Million)
46. Saudi Arabia honey market estimates and forecast by processing, 2017-2030 (USD Million)
47. Saudi Arabia honey market estimates and forecast by distribution channel, 2017-2030 (USD Million)
48. Company categorization
List of Figures
1. Honey market segmentation
2. Information procurement
3. Primary research pattern
4. Primary research approaches
5. Primary research process
6. Honey market-Penetration & growth prospect mapping
7. Honey market- Value chain analysis
8. Profit margin analysis
9. Honey market: Porter’s Five Forces Analysis
10. Honey market: Roadmap
11. Factors affecting the buying decision for honey market
12. Honey market: Processing share (%) analysis, 2021 & 2030
13. Honey market: Distribution channel share (%) analysis, 2021 & 2030
14. Honey market: Regional share (%) analysis, 2021 & 2030

Companies Mentioned

  • Beeyond the Hive
  • Barkman Honey LLC
  • Dabur India Ltd.
  • Capilano Honey Ltd.
  • New Zealand Honey Co.
  • Streamland Biological Technology Ltd.
  • Oha Honey LP
  • Billy Bee Honey Products
  • Little Bee Impex
  • Dutch Gold Honey, Inc.

Methodology

Loading
LOADING...