Barkman Honey, LLC, Dabur India Ltd, Capilano Honey Limited, African Bronze Honey Company, New Zealand Honey Co., Pastili Limited, Comvita Ltd., North Dallas Honey Company (Nature Nate), Streamland Honey Group Ltd., and Dutch Gold Honey, Inc., among others, are the major players in the global honey market.
The global honey market reached a volume of about 1.82 million tons in 2023. The market is projected to grow at a CAGR of 1.3% in the forecast period of 2024-2032 to reach around 2.05 million tons by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by rising awareness regarding the health benefits of honey.
Honey contains trace amounts of essential nutrients like zinc, calcium, potassium, and vitamins B2, C, and B1, among others. It is also known to reduce symptoms of upper respiratory infections and heal topical conditions like wounds and burns. The growing awareness regarding such benefits of honey is positively influencing the market demand.
The market for honey is also being fuelled by the growing demand for naturally occurring sweeteners in the food and beverage sector. Honey is increasingly preferred as a natural and clean sweetener and a healthy alternative to sugar. Moreover, foodservice establishments are using different flavours and varieties of honey as a thickener, humectant, and additive in baked goods, dressings, and sauces, among others.
The growing health consciousness and rising attempts by customers to reduce their sugar consumption are prompting manufacturers to use honey in products like energy and snack bars, candies, chocolates, and other snacks. In addition, surging environmental concerns are pushing key players to launch honey products with on-pack claims such as 100% organic, traceable, and others.
In July 2021, Dabur India Ltd forayed into the spreads and syrups segment and launched flavoured honey, Dabur Honey Tasties. The product, available in strawberry and chocolate flavours, was aimed at providing healthy offerings and delicious treats for kids. Such launches and product innovations are expected to positively impact the market growth of honey.
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Barkman Honey has established its position as a prominent provider of traceable and high-quality honey. Some varieties of honey offered by the company are naked wild honey, organic honey, and crystallised honey, among others. It is the first US-based honey packer to achieve True Source Certified® approval, which ensures the safety and traceability of Barkman’s products. The company aims to sustain and safeguard honeybees and has introduced several bee health initiatives and habitat preservation programmes to achieve the same.
|Headquarters:||New Delhi, India|
Dabur India Ltd. is a prominent Indian FMCG company that has established its reputation as a leader in natural health and ayurvedic sciences. Some of its prominent brands are Dabur Honey, Dabur Red Paste, Dabur Chyawanprash, and Réal, among others. The company aims to improve the health and well-being of individuals and make Ayurveda relevant for the new generation. It operates in categories like hair care, health care, hygiene, skin care, home care, and food and beverages, and its products are available in over 120 countries.
Capilano Honey Limited is one of the leading honey suppliers that is known for its sustainable practices, high-quality offerings, and product innovations. It produces over 45,000 tonnes of honey per year and supplies its products to over 30 countries. The company supports more than 30 Australian beekeeping families and aims to promote the growth of the Australian beekeeping sector by funding various projects.
African Bronze Honey Company is a social enterprise that aims to produce and market fair trade and organic honey products. It sources honey in a sustainable way that can help combat climate change and it is harvested by nearly 10,000 beekeepers in southern Africa. The company is a member of the Fair Trade Federation and a 3-time Best for the World B Corporation, and its honey is certified organic by EcoCert.
|Headquarters:||Taranaki, New Zealand|
New Zealand Honey Co. has emerged as a leading provider and exporter of Manuka Honey across the globe. It has operations in New Zealand and aims to provide healthy and high-quality honey and other bee products. The company is also accredited and qualified UMF member and its products comply with Non-GMO Project Standard.
Pastili Limited is a company that is engaged in the manufacturing and marketing of natural and organic honey and is based in Bulgaria. It is also one of the largest honeycomb producers in Europe and offers personalised honey profiles, customised labelling and packaging, and diverse types of jars to meet evolving customer requirements.
|Headquarters:||Te Puke, New Zealand|
Comvita Ltd. is a natural health company and one of the largest manufacturers of Manuka honey that is based in New Zealand. The company offers high-quality and premium Manuka honey that has transparent origins and has been independently tested for quality and purity. By 2030, Comvita aims to become carbon neutral, rescue nearly 10 million bees from extermination, establish more than 200 beehives in Africa, and plant over 6 million trees in New Zealand.
|Headquarters:||Texas, United States|
North Dallas Honey Company (Nature Nate) is one of the leading producers of unfiltered and raw honey. Its product range includes honey pouches, honey maple syrup, manuka honey, organic honey, whipped honey, and regional honey, among others. The company also partners with various universities such as the University of California and the University of Texas to support bee health research.
|Headquarters:||Rotorua, New Zealand|
Streamland Honey Group Ltd is a New Zealand-based company that offers a wide range of honey. Its products are prepared using quality ingredients such as fruits that are sourced from orchards and farmlands of New Zealand. Some of its popular fruit-infused honey include ginger, lemon, kiwifruit, passionfruit, and cherry-flavoured honey.
|Headquarters:||Pennsylvania, United States|
Dutch Gold Honey, Inc is one of the largest honey packaging businesses in the United States. With expertise of over 75 years, the company has emerged as a leader in the blending and processing of high-quality honey. Its products are True Source Certified and known for their excellent quality and non-GMO origins.
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.