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 (2023-2033)

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 (2023-2033)

5.4% CAGR

Europe Market Share (2022)

35%

United States Market Growth Rate (2023-2033)

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

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

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.

Honey market forecast by Fact.MR

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.

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

    1.1. Global Market Overview

    1.2. Key Market Statistics

    1.3. Global Market – Opportunity Assessment

    1.4. Fact.MR Analysis and Recommendations

2. Global Market Data - Introduction

    2.1. Market Coverage / Taxonomy

    2.2. Market Introduction and Definition

3. Global Market - Key Trends

    3.1. Prominent Manufacturers Focusing on Capacity Expansion to Cater to Increasing Demand

    3.2. Increased production of varietal Honey

    3.3. Extensive Industrial Applications of honey

    3.4. Clean Label Trend

4. Global Market Dynamics

    4.1. Drivers

        4.1.1. Enlarged applications of among its application area

        4.1.2. Increasing preference for natural sugars, organic, low-fat, and low-calorie food products

        4.1.3. Fitness drive among consumers

        4.1.4. Increasing number of producers

        4.1.5. Availability of incentives and rewards to boost apiculture

    4.2. Restraints

        4.2.1. Environmental Impacts on the beekeeping & bee Infection Challenges

        4.2.2. Availability of adulterated hampering consumer confidence towards purchase

    4.3. Opportunities

        4.3.1. Evolving applications of to boost the demand in several end-use sectors

        4.3.2. Growth in demand for natural and organic cosmetics to push the market

        4.3.3. Smart beehives management anticipated to create opportunities for increased production

5. Associated Industry Assessment

    5.1. Global Market - Product Claims

    5.2. Global Market - Value Chain Analysis

        5.2.1. List of Key vendors

        5.2.2. Profit Margin

    5.3. Food & beverages Industry Overview

        5.3.1. Global Food & Beverages Market Statistics

        5.3.2. Key Trends Influencing the Food & Beverages Industry

        5.3.3. World Food Regulatory Bodies

    5.4. Prominent consuming countries

    5.5. Brand Owners Branding Activities

    5.6. Global Market - Voice of Consumers

        5.6.1. Voice of Customers: Key Cause for Consuming (Sweeteners Vs. Honey)

        5.6.2. Frequency of Purchase

        5.6.3. Average Purchase Volume at One Time

        5.6.4. Preference to Sugar Substitute Comparison Top Growth Categories

    5.7. Prominent Producing Countries

    5.8. Global Trade Analysis, 2022

    5.9. Per Capita Consumption of By Prominent Countries, 2022

    5.10. Macro-economic Factors

    5.11. Macro-Economic Indicators

    5.12. Forecast Factors Analysis

    5.13. PEST Analysis

    5.14. Porter’s Five Forces Analysis

    5.15. Investment Feasibility Matrix

6. Global Market - Price Point Analysis

    6.1. Regional Pricing By Nature, 2022

    6.2. Average Prices By Region V/S Global Average, 2022

    6.3. Key Factors Impacting Prices

7. Global Market Demand (US$ Mn) Analysis 2018-2022 and Forecast, 2023-2033

    7.1. Historical Market Value (US$ Mn) Analysis, 2018-2022

    7.2. Current and Future Market Value (US$ Mn) Projections, 2023-2033

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Global Market Demand Analysis 2018-2022 and Forecast, 2023-2033

    8.1. Historical Market Volume (Tons) Analysis, 2018-2022

    8.2. Current and Future Market Volume (Tons) Projections, 2023-2033

    8.3. Y-o-Y Growth Trend Analysis

9. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Nature

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Mn) Analysis By Product Type, 2018 - 2022

    9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Nature, 2023 - 2033

        9.3.1. Organic

        9.3.2. Conventional

    9.4. Market Attractiveness Analysis By Nature

10. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Product Type

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Mn) Analysis By Product Type, 2018 - 2022

    10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product Type, 2023 - 2033

        10.3.1. Clear Honey

        10.3.2. Varietal Honey

            10.3.2.1. Manuka Honey

            10.3.2.2. Sourwood Honey

            10.3.2.3. Buckwheat Honey

            10.3.2.4. Rosemary Honey

            10.3.2.5. Dandelion Honey

            10.3.2.6. Eucalyptus Honey

            10.3.2.7. Others

    10.4. Market Attractiveness Analysis By Product Type

11. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Packaging Type

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Mn) and Volume Analysis By Packaging Type, 2018 - 2022

    11.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Packaging Type, 2023 - 2033

        11.3.1. Glass Jars

        11.3.2. Plastic Container

        11.3.3. Bulk Packaging

    11.4. Market Attractiveness Analysis By Packaging Type

12. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Sales Channel

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Mn) and Volume Analysis By Sales Channel, 2018 - 2022

    12.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Sales Channel, 2023 - 2033

        12.3.1. Business to Business

            12.3.1.1. Food & Beverages

            12.3.1.2. Cosmetics & Personal Care

            12.3.1.3. Pharmaceutical

        12.3.2. Business to consumer

            12.3.2.1. Modern Trade Channel

            12.3.2.2. Convenience Stores

            12.3.2.3. Online Retailers

            12.3.2.4. Other Channels Direct

    12.4. Market Attractiveness Analysis By Sales Channel

13. Global Market Analysis 2018-2022 and Forecast 2023-2033, by Region

    13.1. Introduction / Key Findings

    13.2. Historical Market Size (US$ Mn) Analysis By Region, 2018 - 2022

    13.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2023 - 2033

        13.3.1. North America

        13.3.2. Latin America

        13.3.3. Europe

        13.3.4. South Asia

        13.3.5. East Asia

        13.3.6. Oceania

        13.3.7. Middle East and Africa (MEA)

    13.4. Market Attractiveness Analysis By Region

14. North America Market Analysis 2018-2022 and Forecast 2023-2033

    14.1. Introduction

    14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 - 2022

    14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 - 2033

            14.3.1.1.  By Country

            14.3.1.2. U.S.

            14.3.1.3. Canada

        14.3.2. By Nature

        14.3.3. By Product Type

        14.3.4. By Packaging Type

        14.3.5. By Sales Channel

    14.4. Market Attractiveness Analysis

        14.4.1. By Country

        14.4.2. By Nature

        14.4.3. By Product Type

        14.4.4. By Packaging Type

        14.4.5. By Sales Channel

15. Latin America Market Analysis 2018-2022 and Forecast 2023-2033

    15.1. Introduction

    15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 - 2022

    15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 - 2033

        15.3.1. By Country

            15.3.1.1. Brazil

            15.3.1.2. Mexico

            15.3.1.3. Argentina

            15.3.1.4. Rest of Latin America

        15.3.2. By Nature

        15.3.3. By Product Type

        15.3.4. By Packaging Type

        15.3.5. By Sales Channel

    15.4. Market Attractiveness Analysis

        15.4.1. By Country

        15.4.2. By Nature

        15.4.3. By Product Type

        15.4.4. By Packaging Type

        15.4.5. By Sales Channel

16. Europe Market Analysis 2018-2022 and Forecast 2023-2033

    16.1. Introduction

    16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 - 2022

    16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 - 2033

        16.3.1.  By Country

            16.3.1.1. Germany

            16.3.1.2. Italy

            16.3.1.3. France

            16.3.1.4. UK

            16.3.1.5. Spain

            16.3.1.6. Benelux

            16.3.1.7. Russia

            16.3.1.8. Rest of Europe

        16.3.2. By Nature

        16.3.3. By Product Type

        16.3.4. By Packaging Type

        16.3.5. By Sales Channel

    16.4. Market Attractiveness Analysis

        16.4.1. By Country

        16.4.2. By Nature

        16.4.3. By Product Type

        16.4.4. By Packaging Type

        16.4.5. By Sales Channel

17. South Asia Market Analysis 2018-2022 and Forecast 2023-2033

    17.1. Introduction

    17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 - 2022

    17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 - 2033

        17.3.1. By Country

            17.3.1.1. India

            17.3.1.2. Thailand

            17.3.1.3. Malaysia

            17.3.1.4. Rest of South Asia

        17.3.2. By Nature

        17.3.3. By Product Type

        17.3.4. By Packaging Type

        17.3.5. By Sales Channel

    17.4. Market Attractiveness Analysis

        17.4.1. By Country

        17.4.2. By Nature

        17.4.3. By Product Type

        17.4.4. By Packaging Type

        17.4.5. By Sales Channel

18. East Asia Market Analysis 2018-2022 and Forecast 2023-2033

    18.1. Introduction

    18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 - 2022

    18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 - 2033

        18.3.1. By Country

            18.3.1.1. China

            18.3.1.2. Japan

            18.3.1.3. South Korea

        18.3.2. By Nature

        18.3.3. By Product Type

        18.3.4. By Packaging Type

        18.3.5. By Sales Channel

    18.4. Market Attractiveness Analysis

        18.4.1. By Country

        18.4.2. By Nature

        18.4.3. By Product Type

        18.4.4. By Packaging Type

        18.4.5. By Sales Channel

19. Oceania Market Analysis 2018-2022 and Forecast 2023-2033

    19.1. Introduction

    19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 - 2022

    19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 - 2033

        19.3.1. By Country

            19.3.1.1. Australia

            19.3.1.2. New Zealand

        19.3.2. By Nature

        19.3.3. By Product Type

        19.3.4. By Packaging Type

        19.3.5. By Sales Channel

    19.4. Market Attractiveness Analysis

        19.4.1. By Country

        19.4.2. By Nature

        19.4.3. By Product Type

        19.4.4. By Packaging Type

        19.4.5. By Sales Channel

20. Middle East and Africa Market Analysis 2018-2022 and Forecast 2023-2033

    20.1. Introduction

    20.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 - 2022

    20.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2023 - 2033

        20.3.1.  By Country

            20.3.1.1. GCC Countries

            20.3.1.2. Turkey

            20.3.1.3. Northern Africa

            20.3.1.4. South Africa

            20.3.1.5. Rest of MEA

        20.3.2. By Nature

        20.3.3. By Product Type

        20.3.4. By Packaging Type

        20.3.5. By Sales Channel

    20.4. Market Attractiveness Analysis

        20.4.1. By Country

        20.4.2. By Nature

        20.4.3. By Product Type

        20.4.4. By Packaging Type

        20.4.5. By Sales Channel

21. Market Structure Analysis

    21.1. Global Market Competition - a Dashboard View

    21.2. Global Market Structure

    21.3. Global Market Company Share Analysis

    21.4. Key Participants Market Presence (Intensity Mapping) by Region

22. Company Profiles

    22.1. Uren Food Group Ltd.

        22.1.1. Company Overview

        22.1.2. Company Presence Overview

        22.1.3. Company Product Offerings

        22.1.4. Key Strategies

        22.1.5. Key Developments

        22.1.6. SWOT Analysis

    22.2. Valeo Foods

        22.2.1. Company Overview

        22.2.2. Company Presence Overview

        22.2.3. Company Product Offerings

        22.2.4. Key Strategies

        22.2.5. Key Developments

        22.2.6. SWOT Analysis

    22.3. Hain Daniels Group

        22.3.1. Company Overview

        22.3.2. Company Presence Overview

        22.3.3. Company Product Offerings

        22.3.4. Key Strategies

        22.3.5. Key Developments

        22.3.6. SWOT Analysis

    22.4. Miller Farms Inc.

        22.4.1. Company Overview

        22.4.2. Company Presence Overview

        22.4.3. Company Product Offerings

        22.4.4. Key Strategies

        22.4.5. SWOT Analysis

    22.5. Beechworth Pty Ltd.

        22.5.1. Company Overview

        22.5.2. Company Presence Overview

        22.5.3. Company Product Offerings

        22.5.4. Key Strategies

        22.5.5. SWOT Analysis

    22.6. Paynes Bee Farm Ltd.

        22.6.1. Company Overview

        22.6.2. Company Presence Overview

        22.6.3. Company Product Offerings

        22.6.4. Key Strategies

        22.6.5. SWOT Analysis

    22.7. Wholesome Sweeteners Inc.

        22.7.1. Company Overview

        22.7.2. Company Presence Overview

        22.7.3. Company Product Offerings

        22.7.4. Key Strategies

        22.7.5. Key Developments

        22.7.6. SWOT Analysis

    22.8. Wedderspoon Organic Inc.

        22.8.1. Company Overview

        22.8.2. Company Presence Overview

        22.8.3. Company Product Offerings

        22.8.4. Key Strategies

        22.8.5. Key Developments

        22.8.6. SWOT Analysis

    22.9. Dabur India Ltd.

        22.9.1. Company Overview

        22.9.2. Company Presence Overview

        22.9.3. Company Product Offerings

        22.9.4. Key Strategies

        22.9.5. Key Developments

        22.9.6. SWOT Analysis

    22.10. Capilano Ltd

        22.10.1. Company Overview

        22.10.2. Company Presence Overview

        22.10.3. Company Product Offerings

    22.11. Pastili Limited

        22.11.1. Company Overview

        22.11.2. Company Presence Overview

        22.11.3. Company Product Offerings

    22.12. Adee Farms LP

        22.12.1. Company Overview

        22.12.2. Company Presence Overview

        22.12.3. Company Product Offerings

    22.13. Royal-Bees EOOD

        22.13.1. Company Overview

        22.13.2. Company Presence Overview

        22.13.3. Company Product Offerings

23. Research Methodology

24. Assumptions and Acronyms

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List Of Table

Table 01: Global Market Value (US$ Mn) by Region, 2018-2033

Table 02: Global Market Volume (Tons) by Region, 2018-2033

Table 03: Global Market Value (US$ Mn) by Nature, 2018-2033

Table 04: Global Market Volume (Tons) by Nature, 2018-2033

Table 05: Global Market Value (US$ Mn) by Product Type, 2018-2033

Table 06: Global Market Volume (Tons) by Product Type, 2018-2033

Table 07: Global Market Value (US$ Mn) by Packaging Format, 2018-2033

Table 08: Global Market Volume (Tons) by Packaging Format, 2018-2033

Table 09: Global Market Value (US$ Mn) by Sales Channel, 2018-2033

Table 10: Global Market Volume (Tons) by Sales Channel, 2018-2033

Table 11: North America Market Value (US$ Mn) by Country, 2018-2033

Table 12: North America Market Volume (Tons) by Country, 2018-2033

Table 13: North America Market Value (US$ Mn) by Nature, 2018-2033

Table 14: North America Market Volume (Tons) by Nature, 2018-2033

Table 15: North America Market Value (US$ Mn) by Product Type, 2018-2033

Table 16: North America Market Volume (Tons) by Product Type, 2018-2033

Table 17: North America Market Value (US$ Mn) by Packaging Format, 2018-2033

Table 18: North America Market Volume (Tons) by Packaging Format, 2018-2033

Table 19: North America Market Value (US$ Mn) by Sales Channel, 2018-2033

Table 20: North America Market Volume (Tons) by Sales Channel, 2018-2033

Table 21: Latin America Market Value (US$ Mn) by Country, 2018-2033

Table 22: Latin America Market Volume (Tons) by Country, 2018-2033

Table 23: Latin America Market Value (US$ Mn) by Nature, 2018-2033

Table 24: Latin America Market Volume (Tons) by Nature, 2018-2033

Table 25: Latin America Market Value (US$ Mn) by Product Type, 2018-2033

Table 26: Latin America Market Volume (Tons) by Product Type, 2018-2033

Table 27: Latin America Market Value (US$ Mn) by Packaging Format, 2018-2033

Table 28: Latin America Market Volume (Tons) by Packaging Format, 2018-2033

Table 29: Latin America Market Value (US$ Mn) by Sales Channel, 2018-2033

Table 30: Latin America Market Volume (Tons) by Sales Channel, 2018-2033

Table 31: Europe Market Value (US$ Mn) by Country, 2018-2033

Table 32: Europe Market Volume (Tons) by Country, 2018-2033

Table 33: Europe Market Value (US$ Mn) by Nature, 2018-2033

Table 34: Europe Market Volume (Tons) by Nature, 2018-2033

Table 35: Europe Market Value (US$ Mn) by Product Type, 2018-2033

Table 36: Europe Market Volume (Tons) by Product Type, 2018-2033

Table 37: Europe Market Value (US$ Mn) by Packaging Format, 2018-2033

Table 38: Europe Market Volume (Tons) by Packaging Format, 2018-2033

Table 39: Europe Market Value (US$ Mn) by Sales Channel, 2018-2033

Table 40: Europe Market Volume (Tons) by Sales Channel, 2018-2033

Table 41: East Asia Market Value (US$ Mn) by Country, 2018-2033

Table 42: East Asia Market Volume (Tons) by Country, 2018-2033

Table 43: East Asia Market Value (US$ Mn) by Nature, 2018-2033

Table 44: East Asia Market Volume (Tons) by Nature, 2018-2033

Table 45: East Asia Market Value (US$ Mn) by Product Type, 2018-2033

Table 46: East Asia Market Volume (Tons) by Product Type, 2018-2033

Table 47: East Asia Market Value (US$ Mn) by Packaging Format, 2018-2033

Table 48: East Asia Market Volume (Tons) by Packaging Format, 2018-2033

Table 49: East Asia Market Value (US$ Mn) by Sales Channel, 2018-2033

Table 50: East Asia Market Volume (Tons) by Sales Channel, 2018-2033

Table 51: South Asia Market Value (US$ Mn) by Country, 2018-2033

Table 52: South Asia Market Volume (Tons) by Country, 2018-2033

Table 53: South Asia Market Value (US$ Mn) by Nature, 2018-2033

Table 54: South Asia Market Volume (Tons) by Nature, 2018-2033

Table 55: South Asia Market Value (US$ Mn) by Product Type, 2018-2033

Table 56: South Asia Market Volume (Tons) by Product Type, 2018-2033

Table 57: South Asia Market Value (US$ Mn) by Packaging Format, 2018-2033

Table 58: South Asia Market Volume (Tons) by Packaging Format, 2018-2033

Table 59: South Asia Market Value (US$ Mn) by Sales Channel, 2018-2033

Table 60: South Asia Market Volume (Tons) by Sales Channel, 2018-2033

Table 61: Oceania Market Value (US$ Mn) by Country, 2018-2033

Table 62: Oceania Market Volume (Tons) by Country, 2018-2033

Table 63: Oceania Market Value (US$ Mn) by Nature, 2018-2033

Table 64: Oceania Market Volume (Tons) by Nature, 2018-2033

Table 65: Oceania Market Value (US$ Mn) by Product Type, 2018-2033

Table 66: Oceania Market Volume (Tons) by Product Type, 2018-2033

Table 67: Oceania Market Value (US$ Mn) by Packaging Format, 2018-2033

Table 68: Oceania Market Volume (Tons) by Packaging Format, 2018-2033

Table 69: Oceania Market Value (US$ Mn) by Sales Channel, 2018-2033

Table 70: Oceania Market Volume (Tons) by Sales Channel, 2018-2033

Table 71: MEA Market Value (US$ Mn) by Country, 2018-2033

Table 72: MEA Market Volume (Tons) by Country, 2018-2033

Table 73: MEA Market Value (US$ Mn) by Nature, 2018-2033

Table 74: MEA Market Volume (Tons) by Nature, 2018-2033

Table 75: MEA Market Value (US$ Mn) by Product Type, 2018-2033

Table 76: MEA Market Volume (Tons) by Product Type, 2018-2033

Table 77: MEA Market Value (US$ Mn) by Packaging Format, 2018-2033

Table 78: MEA Market Volume (Tons) by Packaging Format, 2018-2033

Table 79: MEA Market Value (US$ Mn) by Sales Channel, 2018-2033

Table 80: MEA Market Volume (Tons) by Sales Channel, 2018-2033

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List Of Figures

Figure 01: Global Market Analysis Value (US$ Mn) & Volume (Tons), 2018-2022

Figure 02: Global Market Analysis Value (US$ Mn) & Volume (Tons), 2023-2033

Figure 03: Global Market Share Analysis by Region 2018, 2023 & 2033

Figure 04: Global Market Y-o-Y Growth Projections by Region, 2023-2033

Figure 05: Global Market Attractiveness Index by Region, 2023–2033

Figure 06: Global Market Share Analysis by Nature 2018, 2023 & 2033

Figure 07: Global Market Y-o-Y Growth Projections by Nature, 2023-2033

Figure 08: Global Market Attractiveness Index by Nature, 2023–2033

Figure 09: Global Market Share Analysis by Product Type 2018, 2023 & 2033

Figure 10: Global Market Y-o-Y Growth Projections by Product Type, 2023-2033

Figure 11: Global Market Attractiveness Index by Product Type, 2023–2033

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, 2023-2033

Figure 15: Global Market Attractiveness Index by Packaging Format, 2023–2033

Figure 16: Global Market Share Analysis by Sales Channel 2018, 2023 & 2033

Figure 17: Global Market Y-o-Y Growth Projections by Sales Channel, 2023-2033

Figure 18: Global Market Attractiveness Index by Sales Channel, 2023–2033

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), 2018-2022

Figure 22: North America Market Analysis Value (US$ Mn) & Volume (Tons), 2023-2033

Figure 23: North America Market Share Analysis by Country 2018, 2023 & 2033

Figure 24: North America Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 25: North America Market Attractiveness Index by Country, 2023–2033

Figure 26: North America Market Share Analysis by Nature 2018, 2023 & 2033

Figure 27: North America Market Y-o-Y Growth Projections by Nature, 2023-2033

Figure 28: North America Market Attractiveness Index by Nature, 2023–2033

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, 2023-2033

Figure 31: North America Market Attractiveness Index by Product Type, 2023–2033

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, 2023-2033

Figure 35: North America Market Attractiveness Index by Packaging Format, 2023–2033

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, 2023-2033

Figure 38: North America Market Attractiveness Index by Sales Channel, 2023–2033

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), 2018-2022

Figure 42: Latin America Market Analysis Value (US$ Mn) & Volume (Tons), 2023-2033

Figure 43: Latin America Market Share Analysis by Country 2018, 2023 & 2033

Figure 44: Latin America Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 45: Latin America Market Attractiveness Index by Country, 2023–2033

Figure 46: Latin America Market Share Analysis by Nature 2018, 2023 & 2033

Figure 47: Latin America Market Y-o-Y Growth Projections by Nature, 2023-2033

Figure 48: Latin America Market Attractiveness Index by Nature, 2023–2033

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, 2023-2033

Figure 51: Latin America Market Attractiveness Index by Product Type, 2023–2033

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, 2023-2033

Figure 55: Latin America Market Attractiveness Index by Packaging Format, 2023–2033

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, 2023-2033

Figure 58: Latin America Market Attractiveness Index by Sales Channel, 2023–2033

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), 2018-2022

Figure 62: Europe Market Analysis Value (US$ Mn) & Volume (Tons), 2023-2033

Figure 63: Europe Market Share Analysis by Country 2018, 2023 & 2033

Figure 64: Europe Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 65: Europe Market Attractiveness Index by Country, 2023–2033

Figure 66: Europe Market Share Analysis by Nature 2018, 2023 & 2033

Figure 67: Europe Market Y-o-Y Growth Projections by Nature, 2023-2033

Figure 68: Europe Market Attractiveness Index by Nature, 2023–2033

Figure 69: Europe Market Share Analysis by Product Type 2018, 2023 & 2033

Figure 70: Europe Market Y-o-Y Growth Projections by Product Type, 2023-2033

Figure 71: Europe Market Attractiveness Index by Product Type, 2023–2033

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, 2023-2033

Figure 75: Europe Market Attractiveness Index by Packaging Format, 2023–2033

Figure 76: Europe Market Share Analysis by Sales Channel 2018, 2023 & 2033

Figure 77: Europe Market Y-o-Y Growth Projections by Sales Channel, 2023-2033

Figure 78: Europe Market Attractiveness Index by Sales Channel, 2023–2033

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), 2018-2022

Figure 82: East Asia Market Analysis Value (US$ Mn) & Volume (Tons), 2023-2033

Figure 83: East Asia Market Share Analysis by Country 2018, 2023 & 2033

Figure 84: East Asia Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 85: East Asia Market Attractiveness Index by Country, 2023–2033

Figure 86: East Asia Market Share Analysis by Nature 2018, 2023 & 2033

Figure 87: East Asia Market Y-o-Y Growth Projections by Nature, 2023-2033

Figure 88: East Asia Market Attractiveness Index by Nature, 2023–2033

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, 2023-2033

Figure 91: East Asia Market Attractiveness Index by Product Type, 2023–2033

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, 2023-2033

Figure 95: East Asia Market Attractiveness Index by Packaging Format, 2023–2033

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, 2023-2033

Figure 98: East Asia Market Attractiveness Index by Sales Channel, 2023–2033

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), 2018-2022

Figure 102: South Asia Market Analysis Value (US$ Mn) & Volume (Tons), 2023-2033

Figure 103: South Asia Market Share Analysis by Country 2018, 2023 & 2033

Figure 104: South Asia Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 105: South Asia Market Attractiveness Index by Country, 2023–2033

Figure 106: South Asia Market Share Analysis by Nature 2018, 2023 & 2033

Figure 107: South Asia Market Y-o-Y Growth Projections by Nature, 2023-2033

Figure 108: South Asia Market Attractiveness Index by Nature, 2023–2033

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, 2023-2033

Figure 111: South Asia Market Attractiveness Index by Product Type, 2023–2033

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, 2023-2033

Figure 115: South Asia Market Attractiveness Index by Packaging Format, 2023–2033

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, 2023-2033

Figure 118: South Asia Market Attractiveness Index by Sales Channel, 2023–2033

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), 2018-2022

Figure 122: Oceania Market Analysis Value (US$ Mn) & Volume (Tons), 2023-2033

Figure 123: Oceania Market Share Analysis by Region Country, 2023 & 2033

Figure 124: Oceania Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 125: Oceania Market Attractiveness Index by Country, 2023–2033

Figure 126: Oceania Market Share Analysis by Nature 2018, 2023 & 2033

Figure 127: Oceania Market Y-o-Y Growth Projections by Nature, 2023-2033

Figure 128: Oceania Market Attractiveness Index by Nature, 2023–2033

Figure 129: Oceania Market Share Analysis by Product Type 2018, 2023 & 2033

Figure 130: Oceania Market Y-o-Y Growth Projections by Product Type, 2023-2033

Figure 131: Oceania Market Attractiveness Index by Product Type, 2023–2033

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, 2023-2033

Figure 135: Oceania Market Attractiveness Index by Packaging Format, 2023–2033

Figure 136: Oceania Market Share Analysis by Sales Channel 2018, 2023 & 2033

Figure 137: Oceania Market Y-o-Y Growth Projections by Sales Channel, 2023-2033

Figure 138: Oceania Market Attractiveness Index by Sales Channel, 2023–2033

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), 2018-2022

Figure 142: MEA Market Analysis Value (US$ Mn) & Volume (Tons), 2023-2033

Figure 143: MEA Market Share Analysis by Country 2018, 2023 & 2033

Figure 144: MEA Market Y-o-Y Growth Projections by Country, 2023-2033

Figure 145: MEA Market Attractiveness Index by Country, 2023–2033

Figure 146: MEA Market Share Analysis by Nature 2018, 2023 & 2033

Figure 147: MEA Market Y-o-Y Growth Projections by Nature, 2023-2033

Figure 148: MEA Market Attractiveness Index by Nature, 2023–2033

Figure 149: MEA Market Share Analysis by Product Type 2018, 2023 & 2033

Figure 150: MEA Market Y-o-Y Growth Projections by Product Type, 2023-2033

Figure 151: MEA Market Attractiveness Index by Product Type, 2023–2033

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, 2023-2033

Figure 155: MEA Market Attractiveness Index by Packaging Format, 2023–2033

Figure 156: MEA Market Share Analysis by Sales Channel 2018, 2023 & 2033

Figure 157: MEA Market Y-o-Y Growth Projections by Sales Channel, 2023-2033

Figure 158: MEA Market Attractiveness Index by Sales Channel, 2023–2033

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

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- 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

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