Reports
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 (2018-2028); 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 2023-2028. 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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Nature |
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| Breakup by Type |
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| Breakup by Distribution Channels |
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| Breakup by Region |
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| Market Dynamics |
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| Trade Data Analysis |
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| Price Analysis |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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.
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 Opportunities and Challenges in the Market
8 Global Honey Food Market Analysis
8.1 Key Industry Highlights
8.2 Global Honey Food Historical Market (2018-2022)
8.3 Global Honey Food Market Forecast (2023-2028)
8.4 Global Honey Food Market by Nature
8.4.1 Organic
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Cooking Ingredient Honey
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Convenience Stores
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Online
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Honey Food Market by Region
8.7.1 North America
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Market Share
8.7.5.2 Historical Trend (2018-2022)
8.7.5.3 Forecast Trend (2023-2028)
9 North America Honey Food Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Honey Food Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Honey Food Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Honey Food Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Honey Food Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Price Analysis
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Capilano Honey Ltd.
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Barkman Honey, LLC
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Comvita Limited
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Pastili Limited
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Dabur India Ltd.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Bee Maid Honey Limited
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Others
19 Key Trends and Developments in the Market
List of Figures and Tables
1. Global Honey Food Market: Key Industry Highlights, 2018 and 2028
2. Global Honey Food Historical Market: Breakup by Nature (USD Million), 2018-2022
3. Global Honey Food Market Forecast: Breakup by Nature (USD Million), 2023-2028
4. Global Honey Food Historical Market: Breakup by Type (USD Million), 2018-2022
5. Global Honey Food Market Forecast: Breakup by Type (USD Million), 2023-2028
6. Global Honey Food Historical Market: Breakup by Distribution Channels (USD Million), 2018-2022
7. Global Honey Food Market Forecast: Breakup by Distribution Channels (USD Million), 2023-2028
8. Global Honey Food Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Honey Food Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Honey Food Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Honey Food Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Honey Food Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Honey Food Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Honey Food Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Honey Food Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Honey Food Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Honey Food Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Honey Food Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Honey Food Market Forecast: Breakup by Country (USD Million), 2023-2028
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
Key Questions Answered in the Report
The global honey food market is projected to grow at a CAGR of 4.2% between 2023 and 2028.
The major drivers of the market include the high demand for nutritious food products, growing health concerns, longer shelf-life of the product, rising disposable income, urbanisation, and changing lifestyles.
The health benefits of honey food and its increasing use in cosmetics are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on nature, the market is divided into organic and conventional.
The different types of honey food are table honey and cooking ingredient honey.
The several distribution channels include hypermarkets and supermarkets, convenience stores, and online, among others.
The major players in the industry are Capilano Honey Ltd., Barkman Honey, LLC, Comvita Limited, Pastili Limited, Dabur India Ltd., and Bee Maid Honey Limited, among others.
Analyst Review
The global honey food market was driven by the health benefits of honey food in the historical period. Aided by growing health concerns and its increasing use in cosmetics, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 4.2%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on nature, the market is divided into organic and conventional. The different types of honey food are table honey and cooking ingredient honey. The several distribution channels include hypermarkets and supermarkets, convenience stores, and online, among others. The major regional markets for honey food are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are Capilano Honey Ltd., Barkman Honey, LLC, Comvita Limited, Pastili Limited, Dabur India Ltd., and Bee Maid Honey Limited, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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