Honey Market
Honey Market By Nature (Organic, Conventional), By Product (Clear, Varietal, Manuka, Sourwood, Buckwheat, Rosemary), By Packaging (Glass Jars, Plastic Containers, Bulk Packaging), By Industry, By Sales Channel & By Region - Global Market Insights 2023 to 2033
Analysis of Honey Market covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Honey Market Outlook (2023 to 2033)
Worldwide consumption of honey is anticipated to increase at a 5.4% CAGR and the market is expected to rise from a valuation of US$ 9.7 billion in 2023 to US$ 16.4 billion by the end of 2033.
Consumers are preferring the use of natural and organic sweeteners as compared to sugar and artificial sweeteners, and this trend has majorly influenced the demand for honey and is expected to drive demand in the future as well. The rising diabetic and obese population across the world is expected to primarily drive the consumption of honey and honey-based sweeteners as they are healthier alternatives to artificial sweetening agents.
The growing availability of organic honey, increasing awareness about its benefits, hike in demand for natural sweeteners, growing use of honey in drug production, rising adoption of healthy lifestyle trends, and longer shelf-life of honey are some of the key factors that are expected to boost honey shipments through 2033.
However, adulteration of honey to improve profitability is a serious issue that hinders market growth and is expected to impede honey consumption characteristics throughout the forecast period as well. The rising adoption of sweetening alternatives such as maple syrup and stevia is also anticipated to inhibit honey market development over the coming years.
Demand for honey in the Asia Pacific region is anticipated to rise at the fastest pace over the coming years owing to changing consumer preferences, rising production of pure honey, the growing availability of organic honey, and increasing disposable income of people in this region. India, China, Japan, and Korea are slated to be the prime markets in the APAC region through 2033.
- As per statistics provided by the Food and Agriculture Organization of the United Nations (FAO), China is the largest exporter of honey in terms of volume, and the nation exported around 145.89 thousand tonnes of honey in 2021.
A comprehensive regional analysis discussing all the key drivers, trends, opportunities, and challenges have been profiled in this updated honey market research survey by skilled analysts at Fact.MR, a market research and competitive intelligence provider.
| Report Attributes | Details |
|---|---|
| Honey Market Size (2023) | US$ 9.7 Billion |
| Projected Market Value (2033F) | US$ 16.4 Billion |
| Global Market Growth Rate (2023 to 2033) | 5.4% CAGR |
| Europe Market Share (2022) | 35% |
| United States Market Growth Rate (2023 to 2033) | 6% CAGR |
| Key Companies Profiled | Royal-Bees EOOD; Valeo Foods; Adee Honey Farms LP; Uren Food Group; Miller Honey Farms Inc.; Paynes Bee Farm Ltd.; Wholesome Sweeteners Inc.; Hain Daniels Group; Wedderspoon Organic Inc.; Beechworth Honey Pty Ltd.; Dabur India Ltd.; Capilano Honey Ltd.; Pastili Limited |
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Will Start-ups Have a Chance to Revolutionize the Honey Marketplace?
“Israel-based New Honey Companies Could Change Global Honey Demand Outlook”
Israel is a leading start-up hub when it comes to honey and bees. The nation is home to some of the most innovative bee and honey solutions in the world and this is expected to create highly lucrative opportunities for aspiring honey manufacturers around the world.
- BeeHero, a start-up based in California, United States created a smart hive that uses artificial intelligence and innovative hardware to produce optimal results and track bee health. The system is estimated to increase crop yield by up to 30% by creating a more efficient pollination process.
- Beewise, a company founded in 2018 in Israel is focusing on tackling the dwindling bee population problem by creating a modern robotic beehive equipped with artificial intelligence and real-time updates to house 24 bee colonies safely. The new bee housing solution is climate-controlled and solar-powered.
- ToBe, a beekeeping start-up company based in Israel has developed an autonomous anti-varroa device that can detect and treat varroa mites before they can weaken the bee population in a hive. The Hivemaster achieves this by releasing a precise amount of miticides and also provides real-time health updates that help beekeepers make informed decisions.
- Bumblebee AI, a new technology company based in Israel is using artificial intelligence and other technologies to carry out data-driven pollination in a more efficient manner than bees. This solution is also expected to reduce the burden of overworking bees in commercial pollination activities across the world.
Changing consumer preferences and rising demand for vegan products are also expected to provide an opportunistic setting for upcoming honey manufacturers over the coming years.
- Melibio, an American food technology organization is producing honey without the use of honeybees. The company is using microorganisms to produce honey that has an indistinguishable taste and texture as compared to conventional honey.
Incoming honey suppliers are also focusing on raising new capital and finance for their ventures to improve their business potential on a global scale.
- In February 2022, Australian Honey Ventures (AHV), a Western Australia-based honey start-up announced that it had raised around US$ 1.5 million through crowdfunding that was supposed to be utilized to take its medicinal honey toward global markets.
Country-wise Insights
Why is the United States an Opportune Market for Honey Suppliers?
“Rising Number of Beekeepers & High Import of Honey”
The United States is a major importer of honey and this makes it a highly rewarding market for honey suppliers and manufacturers as well. The apiculture industry in the country is flourishing at a rapid pace and this is expected to drive up the production of honey in the country and help in reducing the dependency on imports across the forecast period.
Growing obese and diabetic population, adoption of healthy lifestyles, rising awareness of benefits of honey consumption, and rising availability of organic honey are other factors that are expected to drive sales of honey in the United States at a CAGR of 6% from 2023 to 2033.
How Will Demand for Honey Fare in Japan and Korea?
“Rising Disposable Income Expected to Drive Product Demand”
Consumer preferences in Japan and Korea are changing rapidly owing to globalization and this is expected to prominently influence honey consumption in the aforementioned countries over the coming years. Increasing disposable income and rising availability of raw honey products are other prospects that are expected to govern honey consumption in Korea through 2033.
Increasing demand for healthy sweeteners, growing geriatric population, and rising production of pure honey are key factors that drive honey demand in Japan throughout the forecast period.
Why is Demand for Organic Honey High in Europe?
“Changing Consumer Preferences and Rising Awareness of Benefits Associated with Organic Honey Consumption”
Consumers in Europe have been preferring natural and organic products for quite a while now and this trend has also influenced the demand for organic honey in this region. Rising adoption of healthy lifestyles, growing awareness of benefits of the organic honey, increasing availability of organic label honey products, and rising disposable income are other factors that are expected to drive the consumption of honey in this region.
Germany, France, and the United Kingdom are anticipated to be highly attractive markets for honey in the European region across the forecast period.
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Category-wise Insights
What Type of Honey Accounts for Higher Demand?
“Conventional Honey Holds Dominant Market Share”
Based on nature, the market for honey is segmented into conventional and organic.
In 2022, conventional honey accounted for around 80% of the global market share and is expected to maintain a similar stance across the forecast period. High availability and low prices as compared to organic honey are prime factors that contribute to the high consumption of conventional honey around the world.
Increasing awareness about the benefits of organic honey, changing consumer preferences, and growing availability of organic honey at competitive pricing are factors that are expected to contribute to sales of organic honey in the future. Organic honey demand is predicted to rise at a faster CAGR than that of conventional honey through 2033.
Competitive Landscape :
Prime honey suppliers are following strategies that help them expand their market presence and improve sales potential. Mergers, acquisitions, and collaborations are some of the most popular strategies among established market players.
- In January 2022, Sweet Harvest Foods Inc., a leading company in honey procurement and distribution announced the acquisition of Nature Nate’s Honey Co., which offers 100% unfiltered, raw, and pure honey for consumers.
Honey providers are also launching new organic products to meet changing consumer demands across the world.
- In January 2022, Tayima Foods, an India-based company announced the launch of its new 100% raw and organic product called I’M HONEY. The product is available in unique flavors and possesses medicinal properties as well.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments Covered in Honey Industry Research
-
By Product :
- Clear
- Varietal
- Manuka
- Sourwood
- Buckwheat
- Rosemary
- Dandelion
- Eucalyptus
- Others
-
By Nature :
- Organic Honey
- Conventional Honey
-
By Packaging :
- Glass Jars
- Plastic Containers
- Bulk Packaging
-
By Industry :
- Food & Beverages
- Cosmetics & Personal Care
- Pharmaceuticals
-
By Sales Channel :
- Business to Business Channels
- Business to Consumer Channels
- Modern Trade
- Convenience Stores
- Online Retailers
- Other Channels
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Data - Introduction
- 3. Global Market - Key Trends
- 4. Global Market Dynamics
- 5. Associated Industry Assessment
- 6. Global Market - Price Point Analysis
- 7. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 8. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Nature
- 9.1. Organic
- 9.2. Conventional
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Product Type
- 10.1. Clear Honey
- 10.2. Varietal Honey
- 10.2.1. Manuka Honey
- 10.2.2. Sourwood Honey
- 10.2.3. Buckwheat Honey
- 10.2.4. Rosemary Honey
- 10.2.5. Dandelion Honey
- 10.2.6. Eucalyptus Honey
- 10.2.7. Others
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Packaging Type
- 11.1. Glass Jars
- 11.2. Plastic Container
- 11.3. Bulk Packaging
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel
- 12.1. Business to Business
- 12.1.1. Food & Beverages
- 12.1.2. Cosmetics & Personal Care
- 12.1.3. Pharmaceutical
- 12.2. Business to Consumer
- 12.2.1. Modern Trade Channel
- 12.2.2. Convenience Stores
- 12.2.3. Online Retailers
- 12.2.4. Other Channels Direct
- 12.1. Business to Business
- 13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. South Asia
- 13.5. East Asia
- 13.6. Oceania
- 13.7. Middle East and Africa (MEA)
- 14. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 21. Market Structure Analysis
- 22. Company Profiles
- 22.1. Uren Food Group Ltd.
- 22.2. Valeo Foods
- 22.3. Hain Daniels Group
- 22.4. Miller Farms Inc.
- 22.5. Beechworth Pty Ltd.
- 22.6. Paynes Bee Farm Ltd.
- 22.7. Wholesome Sweeteners Inc.
- 22.8. Wedderspoon Organic Inc.
- 22.9. Dabur India Ltd.
- 22.10. Capilano Ltd
- 22.11. Pastili Limited
- 22.12. Adee Farms LP
- 22.13. Royal-Bees EOOD
- 23. Research Methodology
- 24. Assumptions and Acronyms
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List Of Table
Table 01: Global Market Value (US$ Mn) by Region, 2018 to 2033
Table 02: Global Market Volume (Tons) by Region, 2018 to 2033
Table 03: Global Market Value (US$ Mn) by Nature, 2018 to 2033
Table 04: Global Market Volume (Tons) by Nature, 2018 to 2033
Table 05: Global Market Value (US$ Mn) by Product Type, 2018 to 2033
Table 06: Global Market Volume (Tons) by Product Type, 2018 to 2033
Table 07: Global Market Value (US$ Mn) by Packaging Format, 2018 to 2033
Table 08: Global Market Volume (Tons) by Packaging Format, 2018 to 2033
Table 09: Global Market Value (US$ Mn) by Sales Channel, 2018 to 2033
Table 10: Global Market Volume (Tons) by Sales Channel, 2018 to 2033
Table 11: North America Market Value (US$ Mn) by Country, 2018 to 2033
Table 12: North America Market Volume (Tons) by Country, 2018 to 2033
Table 13: North America Market Value (US$ Mn) by Nature, 2018 to 2033
Table 14: North America Market Volume (Tons) by Nature, 2018 to 2033
Table 15: North America Market Value (US$ Mn) by Product Type, 2018 to 2033
Table 16: North America Market Volume (Tons) by Product Type, 2018 to 2033
Table 17: North America Market Value (US$ Mn) by Packaging Format, 2018 to 2033
Table 18: North America Market Volume (Tons) by Packaging Format, 2018 to 2033
Table 19: North America Market Value (US$ Mn) by Sales Channel, 2018 to 2033
Table 20: North America Market Volume (Tons) by Sales Channel, 2018 to 2033
Table 21: Latin America Market Value (US$ Mn) by Country, 2018 to 2033
Table 22: Latin America Market Volume (Tons) by Country, 2018 to 2033
Table 23: Latin America Market Value (US$ Mn) by Nature, 2018 to 2033
Table 24: Latin America Market Volume (Tons) by Nature, 2018 to 2033
Table 25: Latin America Market Value (US$ Mn) by Product Type, 2018 to 2033
Table 26: Latin America Market Volume (Tons) by Product Type, 2018 to 2033
Table 27: Latin America Market Value (US$ Mn) by Packaging Format, 2018 to 2033
Table 28: Latin America Market Volume (Tons) by Packaging Format, 2018 to 2033
Table 29: Latin America Market Value (US$ Mn) by Sales Channel, 2018 to 2033
Table 30: Latin America Market Volume (Tons) by Sales Channel, 2018 to 2033
Table 31: Europe Market Value (US$ Mn) by Country, 2018 to 2033
Table 32: Europe Market Volume (Tons) by Country, 2018 to 2033
Table 33: Europe Market Value (US$ Mn) by Nature, 2018 to 2033
Table 34: Europe Market Volume (Tons) by Nature, 2018 to 2033
Table 35: Europe Market Value (US$ Mn) by Product Type, 2018 to 2033
Table 36: Europe Market Volume (Tons) by Product Type, 2018 to 2033
Table 37: Europe Market Value (US$ Mn) by Packaging Format, 2018 to 2033
Table 38: Europe Market Volume (Tons) by Packaging Format, 2018 to 2033
Table 39: Europe Market Value (US$ Mn) by Sales Channel, 2018 to 2033
Table 40: Europe Market Volume (Tons) by Sales Channel, 2018 to 2033
Table 41: East Asia Market Value (US$ Mn) by Country, 2018 to 2033
Table 42: East Asia Market Volume (Tons) by Country, 2018 to 2033
Table 43: East Asia Market Value (US$ Mn) by Nature, 2018 to 2033
Table 44: East Asia Market Volume (Tons) by Nature, 2018 to 2033
Table 45: East Asia Market Value (US$ Mn) by Product Type, 2018 to 2033
Table 46: East Asia Market Volume (Tons) by Product Type, 2018 to 2033
Table 47: East Asia Market Value (US$ Mn) by Packaging Format, 2018 to 2033
Table 48: East Asia Market Volume (Tons) by Packaging Format, 2018 to 2033
Table 49: East Asia Market Value (US$ Mn) by Sales Channel, 2018 to 2033
Table 50: East Asia Market Volume (Tons) by Sales Channel, 2018 to 2033
Table 51: South Asia Market Value (US$ Mn) by Country, 2018 to 2033
Table 52: South Asia Market Volume (Tons) by Country, 2018 to 2033
Table 53: South Asia Market Value (US$ Mn) by Nature, 2018 to 2033
Table 54: South Asia Market Volume (Tons) by Nature, 2018 to 2033
Table 55: South Asia Market Value (US$ Mn) by Product Type, 2018 to 2033
Table 56: South Asia Market Volume (Tons) by Product Type, 2018 to 2033
Table 57: South Asia Market Value (US$ Mn) by Packaging Format, 2018 to 2033
Table 58: South Asia Market Volume (Tons) by Packaging Format, 2018 to 2033
Table 59: South Asia Market Value (US$ Mn) by Sales Channel, 2018 to 2033
Table 60: South Asia Market Volume (Tons) by Sales Channel, 2018 to 2033
Table 61: Oceania Market Value (US$ Mn) by Country, 2018 to 2033
Table 62: Oceania Market Volume (Tons) by Country, 2018 to 2033
Table 63: Oceania Market Value (US$ Mn) by Nature, 2018 to 2033
Table 64: Oceania Market Volume (Tons) by Nature, 2018 to 2033
Table 65: Oceania Market Value (US$ Mn) by Product Type, 2018 to 2033
Table 66: Oceania Market Volume (Tons) by Product Type, 2018 to 2033
Table 67: Oceania Market Value (US$ Mn) by Packaging Format, 2018 to 2033
Table 68: Oceania Market Volume (Tons) by Packaging Format, 2018 to 2033
Table 69: Oceania Market Value (US$ Mn) by Sales Channel, 2018 to 2033
Table 70: Oceania Market Volume (Tons) by Sales Channel, 2018 to 2033
Table 71: MEA Market Value (US$ Mn) by Country, 2018 to 2033
Table 72: MEA Market Volume (Tons) by Country, 2018 to 2033
Table 73: MEA Market Value (US$ Mn) by Nature, 2018 to 2033
Table 74: MEA Market Volume (Tons) by Nature, 2018 to 2033
Table 75: MEA Market Value (US$ Mn) by Product Type, 2018 to 2033
Table 76: MEA Market Volume (Tons) by Product Type, 2018 to 2033
Table 77: MEA Market Value (US$ Mn) by Packaging Format, 2018 to 2033
Table 78: MEA Market Volume (Tons) by Packaging Format, 2018 to 2033
Table 79: MEA Market Value (US$ Mn) by Sales Channel, 2018 to 2033
Table 80: MEA Market Volume (Tons) by Sales Channel, 2018 to 2033
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List Of Figures
Figure 01: Global Market Analysis Value (US$ Mn) & Volume (Tons), 2018 to 2022
Figure 02: Global Market Analysis Value (US$ Mn) & Volume (Tons), 2023 to 2033
Figure 03: Global Market Share Analysis by Region 2018, 2023 & 2033
Figure 04: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 05: Global Market Attractiveness Index by Region, 2023 to 2033
Figure 06: Global Market Share Analysis by Nature 2018, 2023 & 2033
Figure 07: Global Market Y-o-Y Growth Projections by Nature, 2023 to 2033
Figure 08: Global Market Attractiveness Index by Nature, 2023 to 2033
Figure 09: Global Market Share Analysis by Product Type 2018, 2023 & 2033
Figure 10: Global Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 11: Global Market Attractiveness Index by Product Type, 2023 to 2033
Figure 12: Global Varietal Market Share, 2018, 2023 & 2033
Figure 13: Global Market Share Analysis by Packaging Format 2018, 2023 & 2033
Figure 14: Global Market Y-o-Y Growth Projections by Packaging Format, 2023 to 2033
Figure 15: Global Market Attractiveness Index by Packaging Format, 2023 to 2033
Figure 16: Global Market Share Analysis by Sales Channel 2018, 2023 & 2033
Figure 17: Global Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 18: Global Market Attractiveness Index by Sales Channel, 2023 to 2033
Figure 19: Global Market Business to Business Sales Channel Market Share, 2018, 2023 & 2033
Figure 20: Global Market Business to Consumer Sales Channel Market Share, 2018, 2023 & 2033
Figure 21: North America Market Analysis Value (US$ Mn) & Volume (Tons), 2018 to 2022
Figure 22: North America Market Analysis Value (US$ Mn) & Volume (Tons), 2023 to 2033
Figure 23: North America Market Share Analysis by Country 2018, 2023 & 2033
Figure 24: North America Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 25: North America Market Attractiveness Index by Country, 2023 to 2033
Figure 26: North America Market Share Analysis by Nature 2018, 2023 & 2033
Figure 27: North America Market Y-o-Y Growth Projections by Nature, 2023 to 2033
Figure 28: North America Market Attractiveness Index by Nature, 2023 to 2033
Figure 29: North America Market Share Analysis by Product Type 2018, 2023 & 2033
Figure 30: North America Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 31: North America Market Attractiveness Index by Product Type, 2023 to 2033
Figure 32: North America Varietal Market Share, 2018, 2023 & 2033
Figure 33: North America Market Share Analysis by Packaging Format 2018, 2023 & 2033
Figure 34: North America Market Y-o-Y Growth Projections by Packaging Format, 2023 to 2033
Figure 35: North America Market Attractiveness Index by Packaging Format, 2023 to 2033
Figure 36: North America Market Share Analysis by Sales Channel 2018, 2023 & 2033
Figure 37: North America Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 38: North America Market Attractiveness Index by Sales Channel, 2023 to 2033
Figure 39: North America Market Business to Business Sales Channel Market Share, 2018, 2023 & 2033
Figure 40: North America Market Business to Consumer Sales Channel Market Share, 2018, 2023 & 2033
Figure 41: Latin America Market Analysis Value (US$ Mn) & Volume (Tons), 2018 to 2022
Figure 42: Latin America Market Analysis Value (US$ Mn) & Volume (Tons), 2023 to 2033
Figure 43: Latin America Market Share Analysis by Country 2018, 2023 & 2033
Figure 44: Latin America Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 45: Latin America Market Attractiveness Index by Country, 2023 to 2033
Figure 46: Latin America Market Share Analysis by Nature 2018, 2023 & 2033
Figure 47: Latin America Market Y-o-Y Growth Projections by Nature, 2023 to 2033
Figure 48: Latin America Market Attractiveness Index by Nature, 2023 to 2033
Figure 49: Latin America Market Share Analysis by Product Type 2018, 2023 & 2033
Figure 50: Latin America Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 51: Latin America Market Attractiveness Index by Product Type, 2023 to 2033
Figure 52: Latin America Varietal Market Share, 2018, 2023 & 2033
Figure 53: Latin America Market Share Analysis by Packaging Format 2018, 2023 & 2033
Figure 54: Latin America Market Y-o-Y Growth Projections by Packaging Format, 2023 to 2033
Figure 55: Latin America Market Attractiveness Index by Packaging Format, 2023 to 2033
Figure 56: Latin America Market Share Analysis by Sales Channel 2018, 2023 & 2033
Figure 57: Latin America Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 58: Latin America Market Attractiveness Index by Sales Channel, 2023 to 2033
Figure 59: Latin America Market Business to Business Sales Channel Market Share, 2018, 2023 & 2033
Figure 60: Latin America Market Business to Consumer Sales Channel Market Share, 2018, 2023 & 2033
Figure 61: Europe Market Analysis Value (US$ Mn) & Volume (Tons), 2018 to 2022
Figure 62: Europe Market Analysis Value (US$ Mn) & Volume (Tons), 2023 to 2033
Figure 63: Europe Market Share Analysis by Country 2018, 2023 & 2033
Figure 64: Europe Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 65: Europe Market Attractiveness Index by Country, 2023 to 2033
Figure 66: Europe Market Share Analysis by Nature 2018, 2023 & 2033
Figure 67: Europe Market Y-o-Y Growth Projections by Nature, 2023 to 2033
Figure 68: Europe Market Attractiveness Index by Nature, 2023 to 2033
Figure 69: Europe Market Share Analysis by Product Type 2018, 2023 & 2033
Figure 70: Europe Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 71: Europe Market Attractiveness Index by Product Type, 2023 to 2033
Figure 72: Europe Varietal Market Share, 2018, 2023 & 2033
Figure 73: Europe Market Share Analysis by Packaging Format 2018, 2023 & 2033
Figure 74: Europe Market Y-o-Y Growth Projections by Packaging Format, 2023 to 2033
Figure 75: Europe Market Attractiveness Index by Packaging Format, 2023 to 2033
Figure 76: Europe Market Share Analysis by Sales Channel 2018, 2023 & 2033
Figure 77: Europe Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 78: Europe Market Attractiveness Index by Sales Channel, 2023 to 2033
Figure 79: Europe Market Business to Business Sales Channel Market Share, 2018, 2023 & 2033
Figure 80: Europe Market Business to Consumer Sales Channel Market Share, 2018, 2023 & 2033
Figure 81: East Asia Market Analysis Value (US$ Mn) & Volume (Tons), 2018 to 2022
Figure 82: East Asia Market Analysis Value (US$ Mn) & Volume (Tons), 2023 to 2033
Figure 83: East Asia Market Share Analysis by Country 2018, 2023 & 2033
Figure 84: East Asia Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 85: East Asia Market Attractiveness Index by Country, 2023 to 2033
Figure 86: East Asia Market Share Analysis by Nature 2018, 2023 & 2033
Figure 87: East Asia Market Y-o-Y Growth Projections by Nature, 2023 to 2033
Figure 88: East Asia Market Attractiveness Index by Nature, 2023 to 2033
Figure 89: East Asia Market Share Analysis by Product Type 2018, 2023 & 2033
Figure 90: East Asia Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 91: East Asia Market Attractiveness Index by Product Type, 2023 to 2033
Figure 92: East Asia Varietal Market Share, 2018, 2023 & 2033
Figure 93: East Asia Market Share Analysis by Packaging Format 2018, 2023 & 2033
Figure 94: East Asia Market Y-o-Y Growth Projections by Packaging Format, 2023 to 2033
Figure 95: East Asia Market Attractiveness Index by Packaging Format, 2023 to 2033
Figure 96: East Asia Market Share Analysis by Sales Channel 2018, 2023 & 2033
Figure 97: East Asia Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 98: East Asia Market Attractiveness Index by Sales Channel, 2023 to 2033
Figure 99: East Asia Market Business to Business Sales Channel Market Share, 2018, 2023 & 2033
Figure 100: East Asia Market Business to Consumer Sales Channel Market Share, 2018, 2023 & 2033
Figure 101: South Asia Market Analysis Value (US$ Mn) & Volume (Tons), 2018 to 2022
Figure 102: South Asia Market Analysis Value (US$ Mn) & Volume (Tons), 2023 to 2033
Figure 103: South Asia Market Share Analysis by Country 2018, 2023 & 2033
Figure 104: South Asia Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 105: South Asia Market Attractiveness Index by Country, 2023 to 2033
Figure 106: South Asia Market Share Analysis by Nature 2018, 2023 & 2033
Figure 107: South Asia Market Y-o-Y Growth Projections by Nature, 2023 to 2033
Figure 108: South Asia Market Attractiveness Index by Nature, 2023 to 2033
Figure 109: South Asia Market Share Analysis by Product Type 2018, 2023 & 2033
Figure 110: South Asia Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 111: South Asia Market Attractiveness Index by Product Type, 2023 to 2033
Figure 112: South Asia Varietal Market Share, 2018, 2023 & 2033
Figure 113: South Asia Market Share Analysis by Packaging Format 2018, 2023 & 2033
Figure 114: South Asia Market Y-o-Y Growth Projections by Packaging Format, 2023 to 2033
Figure 115: South Asia Market Attractiveness Index by Packaging Format, 2023 to 2033
Figure 116: South Asia Market Share Analysis by Sales Channel 2018, 2023 & 2033
Figure 117: South Asia Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 118: South Asia Market Attractiveness Index by Sales Channel, 2023 to 2033
Figure 119: South Asia Market Business to Business Sales Channel Market Share, 2018, 2023 & 2033
Figure 120: South Asia Market Business to Consumer Sales Channel Market Share, 2018, 2023 & 2033
Figure 121: Oceania Market Analysis Value (US$ Mn) & Volume (Tons), 2018 to 2022
Figure 122: Oceania Market Analysis Value (US$ Mn) & Volume (Tons), 2023 to 2033
Figure 123: Oceania Market Share Analysis by Region Country, 2023 & 2033
Figure 124: Oceania Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 125: Oceania Market Attractiveness Index by Country, 2023 to 2033
Figure 126: Oceania Market Share Analysis by Nature 2018, 2023 & 2033
Figure 127: Oceania Market Y-o-Y Growth Projections by Nature, 2023 to 2033
Figure 128: Oceania Market Attractiveness Index by Nature, 2023 to 2033
Figure 129: Oceania Market Share Analysis by Product Type 2018, 2023 & 2033
Figure 130: Oceania Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 131: Oceania Market Attractiveness Index by Product Type, 2023 to 2033
Figure 132: Oceania Varietal Market Share, 2018, 2023 & 2033
Figure 133: Oceania Market Share Analysis by Packaging Format 2018, 2023 & 2033
Figure 134: Oceania Market Y-o-Y Growth Projections by Packaging Format, 2023 to 2033
Figure 135: Oceania Market Attractiveness Index by Packaging Format, 2023 to 2033
Figure 136: Oceania Market Share Analysis by Sales Channel 2018, 2023 & 2033
Figure 137: Oceania Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 138: Oceania Market Attractiveness Index by Sales Channel, 2023 to 2033
Figure 139: Oceania Market Business to Business Sales Channel Market Share, 2018, 2023 & 2033
Figure 140: Oceania Market Business to Consumer Sales Channel Market Share, 2018, 2023 & 2033
Figure 141: MEA Market Analysis Value (US$ Mn) & Volume (Tons), 2018 to 2022
Figure 142: MEA Market Analysis Value (US$ Mn) & Volume (Tons), 2023 to 2033
Figure 143: MEA Market Share Analysis by Country 2018, 2023 & 2033
Figure 144: MEA Market Y-o-Y Growth Projections by Country, 2023 to 2033
Figure 145: MEA Market Attractiveness Index by Country, 2023 to 2033
Figure 146: MEA Market Share Analysis by Nature 2018, 2023 & 2033
Figure 147: MEA Market Y-o-Y Growth Projections by Nature, 2023 to 2033
Figure 148: MEA Market Attractiveness Index by Nature, 2023 to 2033
Figure 149: MEA Market Share Analysis by Product Type 2018, 2023 & 2033
Figure 150: MEA Market Y-o-Y Growth Projections by Product Type, 2023 to 2033
Figure 151: MEA Market Attractiveness Index by Product Type, 2023 to 2033
Figure 152: MEA Varietal Market Share, 2018, 2023 & 2033
Figure 153: MEA Market Share Analysis by Packaging Format 2018, 2023 & 2033
Figure 154: MEA Market Y-o-Y Growth Projections by Packaging Format, 2023 to 2033
Figure 155: MEA Market Attractiveness Index by Packaging Format, 2023 to 2033
Figure 156: MEA Market Share Analysis by Sales Channel 2018, 2023 & 2033
Figure 157: MEA Market Y-o-Y Growth Projections by Sales Channel, 2023 to 2033
Figure 158: MEA Market Attractiveness Index by Sales Channel, 2023 to 2033
Figure 159: MEA Market Business to Business Sales Channel Market Share, 2018, 2023 & 2033
Figure 160: MEA Market Business to Consumer Sales Channel Market Share, 2018, 2023 & 2033
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- FAQs -
What is the estimated global value of the honey market in 2023?
In 2023, sales of honey are estimated to be valued at US$ 9.7 billion.
How much is the honey market likely to be valued by 2033?
The demand for honey is estimated to account for US$ 16.4 billion by 2033.
At what pace will honey consumption rise across the world?
Shipments of honey are expected to increase at 5.4% CAGR from 2023 to 2033.
What are the key factors driving the honey market?
Rising awareness of the benefits of honey, growing demand for natural sweeteners, and increasing diabetic population are key drivers for the market.
Who are the prominent honey market players?
Wedderspoon Organic Inc., Dabur India Ltd., Capilano Honey Ltd., and Pastili Limited are key manufacturers of honey.
Honey Market