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Global Honey Food Market: By Nature: Organic, Conventional; By Type: Table Honey, Cooking Ingredient Honey; By Distribution Channels: Hypermarkets and Supermarkets, Convenience Stores, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Honey Food Market Outlook
The global honey food market is expected to grow at a CAGR of 4.2% during the period 2022-2027. North America, Europe and Asia are expected to be key markets.
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Global Market Likely to be Driven by Health Benefits and Medicinal Uses of Honey
Honey is a by-product of floral nectar and the honey bee's upper aerodigestive tract, which is concentrated inside the bee hive via a dehydration process. Honey's complex chemical composition changes with the botanical source. Honey has traditionally been used as food as well as medicine.
Apart from its significant place in traditional medicine, natural honey has been the topic of laboratory and clinical research over the last few decades and found a place in modern medicine. Honey has been shown to prevent the growth of approximately 60 kinds of bacteria, certain fungi, and viruses. Honey's antioxidant activity is critical in a variety of diseases; it is a result of a diverse array of chemicals, including phenolics, peptides, organic acids, enzymes, and Maillard reaction products. Honey has further been employed to treat certain gastrointestinal, cardiovascular, inflammatory, and neoplastic conditions.
Health Benefits and Uses in Cosmetics Expected to Boost the Global Honey Food Market
Honey largely comprises fructose and glucose; it also contains fructo-oligosaccharides, and a variety of amino acids, vitamins, minerals, and enzymes. Honey's composition varies with plants on which the bees forage. Almost all natural honey, on the other hand, contains flavonoids (such as apigenin, pinocembrin, kaempferol, quercetin, galangin, chrysin, and hesperetin), phenolic acids (such as ellagic, caffeic, p-coumaric, and ferulic acids), ascorbic acid, tocopherols, catalase (CAT), superoxide dismutase. The majority of these compounds work synergistically to generate an antioxidant effect.
Honey comes in a range of colour grades and is available raw or pasteurised. It has an average sugar content of roughly 80%. Consuming raw honey has been shown to help with seasonal allergies in certain studies, and honey has also been shown to aid wound healing in others. Honey may help heal burn injuries; defensin-1 protein in honey has been found to promote wound healing. People today are increasingly
Several products such as face creams, deodorants, and shampoos contain honey in different amounts.
India and China among Major Honey Producers; Global Demand for Honey has been Increasing Over the Years
Key honey producing nations include China, India, Mexico, USA, Argentina, Ukraine, Turkey, and Russia, among others. The global demand for honey has increased significantly over the last few years, led by USA.
In India, beekeeping has been practised traditionally. Various types of raw honey produced in India include Rapeseed / Mustard Honey, Eucalyptus Honey, Lychee Honey, Sunflower Honey, Karanj / Pongamea Honey, Multi-flora Himalayan Honey, Acacia Honey, Wild Flora Honey, Multi and Mono-floral Honey. A significant percentage of the honey produced in India is exported to countries such as USA, Saudi Arabia, UAE, Morocco, Bangladesh, and Canada, among others.
The honey industry is strong in the USA. Locally produced honey and specialty honey have witnessed increasingly strong markets. Premium prices may usually be demanded for honey produced from the nectar of trees like tulip, sourwood, and basswood. In light of these facts, it is expected that the global honey food market would grow during the forecast period.
EU a Major Honey Producer
In all European Union nations, beekeeping is practiced and characterised by varied production conditions, yields and beekeeping practices. The EU is a major honey producer, but also imports honey. Romania, Spain, Hungary, Germany, Italy, Greece, France and Poland are some key European Union countries with largest honey production.
Market Segmentation
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By nature, the market is segmented into:
- Organic
- Conventional
By type, the market is divided into:
- Table Honey
- Cooking Ingredient Honey
By distribution channel, the market is classified into:
- Hypermarkets and Supermarkets
- Convenience Stores
- Online
- Others
By region, the market is divided into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Industry Players in the Global Honey Food Market
The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Capilano Honey Ltd.
- Barkman Honey, LLC
- Comvita Limited
- Pastili Limited
- Dabur India Ltd.
- Bee Maid Honey Limited
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Honey Food Market Analysis
8.1 Key Industry Highlights
8.2 Global Honey Food Historical Market (2017-2021)
8.3 Global Honey Food Market Forecast (2022-2027)
8.4 Global Honey Food Market by Nature
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Honey Food Market by Type
8.5.1 Table Honey
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Cooking Ingredient Honey
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.6 Global Honey Food Market by Distribution Channels
8.6.1 Hypermarkets and Supermarkets
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Online
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Others
8.7 Global Honey Food Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Exporting Countries
12.1.1 By Values
12.1.2 By Volume
12.2 Major Exporting Countries
12.2.1 By Values
12.2.2 By Volume
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Capilano Honey Ltd.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Barkman Honey, LLC
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Comvita Limited
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Pastili Limited
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Dabur India Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Bee Maid Honey Limited
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments
List of Figures and Tables
1. Global Honey Food Market: Key Industry Highlights, 2017 and 2027
2. Global Honey Food Historical Market: Breakup by Nature (USD Million), 2017-2021
3. Global Honey Food Market Forecast: Breakup by Nature (USD Million), 2022-2027
4. Global Honey Food Historical Market: Breakup by Type (USD Million), 2017-2021
5. Global Honey Food Market Forecast: Breakup by Type (USD Million), 2022-2027
6. Global Honey Food Historical Market: Breakup by Distribution Channels (USD Million), 2017-2021
7. Global Honey Food Market Forecast: Breakup by Distribution Channels (USD Million), 2022-2027
8. Global Honey Food Historical Market: Breakup by Region (USD Million), 2017-2021
9. Global Honey Food Market Forecast: Breakup by Region (USD Million), 2022-2027
10. North America Honey Food Historical Market: Breakup by Country (USD Million), 2017-2021
11. North America Honey Food Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Europe Honey Food Historical Market: Breakup by Country (USD Million), 2017-2021
13. Europe Honey Food Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Asia Pacific Honey Food Historical Market: Breakup by Country (USD Million), 2017-2021
15. Asia Pacific Honey Food Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Latin America Honey Food Historical Market: Breakup by Country (USD Million), 2017-2021
17. Latin America Honey Food Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Middle East and Africa Honey Food Historical Market: Breakup by Country (USD Million), 2017-2021
19. Middle East and Africa Honey Food Market Forecast: Breakup by Country (USD Million), 2022-2027
20. Major Exporting Countries by Value
21. Major Importing Countries by Value
22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. Global Honey Food Market Structure
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