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Honey Powder Market

Global Honey Powder Market Size, Share, Growth, Demand: By Type: Organic, Conventional; By Process Type: Spray Dry, Drum/Roller Dry, Vacuum Dry, Others; By Distribution Channel: Direct Sales, Indirect Sales; By Application: Food and Beverage, Personal Care and Cosmetic, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Honey Powder Market Outlook

The global honey powder market reached a value of about USD 1.13 billion in 2023, with the honey production standing at 1,860 thousand tons in the same year. The market is being driven by the rising demand for low-calorie food ingredients. The market is expected to grow at a CAGR of 4.60% during the forecast period of 2024-2032 to reach a value of USD 1.69 billion by 2032.       

 

Global Honey Powder Market

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North America and European Regions to Significantly Contribute to the Honey Powder Demand

North America and Europe are some of the leading regions for the industry. The regional markets are being driven by the increase in ailments with a rise in the intake of daily calories per person. Markets like North America have seen a considerable increase in the demand for honey powder as more and more people are shifting to low-calorie substitutes for their daily meals. Increased awareness of ailments like obesity and heart diseases is driving the market forward. Furthermore, the Asia Pacific is also likely to see an increase in honey powder demand, owing to its use in beauty care and bakery industries. As a low-cost alternative to traditional sugar, honey powder is making its way into these markets very rapidly, facilitated by the huge production volumes in India and China.

 

Honey Powder Market

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Honey Powder: Market Segmentation

Honey powder or crystalline honey is a dehydrated form of the commonly known liquid honey. This form of honey finds its use in making cakes, pastries, and other sweet edible items. Furthermore, it enhances crunchiness in food.

Based on type, the market is bifurcated into:

  • Organic
  • Conventional

On the basis of process, the market is segmented into :

  • Spray Dry
  • Drum/Roller Dry
  • Vacuum Dry
  • Others

Based on distribution channels, the industry is being segmented into:

  • Direct Sales
  • Indirect Sales

By application, the market is divided into food and beverage and personal care and cosmetics, among others. The food and beverage segment can be further segmented into:

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America and the Middle East and Africa.

 

Global Honey Powder Market by Region

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Rising Health Awareness is Driving the Market Growth for Honey Powder

The rising health awareness among customers is changing their preferences to low-calorie food substitutes, which is driving the growth of the honey powder industry. Honey powder is being rapidly used as a replacement of traditional liquid honey as an ingredient in medicines, especially cough syrups. The increased usage of dried honey in various beauty products like soaps, lotions, and face masks, owing to the skin benefits associated with it, has driven the growth of the global honey powder market. Honey powder has replaced white sugar as an ingredient in bakery products like cakes, muffins, bread, and cookies. It improves shelf life and stability of the products while maintaining the sweet texture, further driving the industry forward. Moreover, honey powder is cheaper than other sugars, thus, making its way to the customers' grocery lists.

 

Key Industry Players in the Global Honey Powder Market

The report gives a detailed analysis of the following key players in the global honey powder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Archer Daniels Midland Company
  • Norevo GmbH
  • T&L Sugars Limited
  • B Natural srl
  • ASR Group International, Inc.
  • AmTech Ingredients
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Process Type
  • Distribution Channel
  • Application
  • Region
Breakup by Type
  • Organic
  • Conventional
Breakup by Process Type
  • Spray Dry
  • Drum/Roller Dry
  • Vacuum Dry
  • Others
Breakup by Distribution Channel
  • Direct Sales
  • Indirect Sales
Breakup by Application
  • Food and Beverage
  • Personal Care and Cosmetic
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Archer Daniels Midland Company
  • Norevo GmbH
  • T&L Sugars Limited
  • B Natural srl
  • ASR Group International, Inc.,
  • AmTech Ingredients
  • Others
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 Powder Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Honey Powder Historical Market (2018-2023) 
    8.3    Global Honey Powder Market Forecast (2024-2032)
    8.4    Global Honey Powder Market by Type
        8.4.1    Organic
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Conventional
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Honey Powder Market by Process Type
        8.5.1    Spray Dry
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Drum/Roller Dry
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Vacuum Dry
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Honey Powder Market by Distribution Channel
        8.6.1    Direct Sales
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Indirect Sales
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
    8.7    Global Honey Powder Market by Application
        8.7.1    Food and Beverage
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
                8.7.1.2.1    Bakery Products
                    8.7.1.2.1.1    Historical Trend (2018-2023)
                    8.7.1.2.1.2    Forecast Trend (2024-2032)
                8.7.1.2.2    Dairy
                    8.7.1.2.2.1    Historical Trend (2018-2023)
                    8.7.1.2.2.2    Forecast Trend (2024-2032)
                8.7.1.2.3    Beverage
                    8.7.1.2.3.1    Historical Trend (2018-2023)
                    8.7.1.2.3.2    Forecast Trend (2024-2032)
                8.7.1.2.4    Confectionery
                    8.7.1.2.4.1    Historical Trend (2018-2023)
                    8.7.1.2.4.2    Forecast Trend (2024-2032)
                8.7.1.2.5    Others
        8.7.2    Personal Care and Cosmetic
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Others
    8.8    Global Honey Powder Market by Region       
        8.8.1    North America
            8.8.1.1    Historical Trend (2018-2023) 
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Europe
            8.8.2.1    Historical Trend (2018-2023) 
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Asia Pacific
            8.8.3.1    Historical Trend (2018-2023) 
            8.8.3.2    Forecast Trend (2024-2032)
        8.8.4    Latin America
            8.8.4.1    Historical Trend (2018-2023) 
            8.8.4.2    Forecast Trend (2024-2032)
        8.8.5    Middle East and Africa
            8.8.5.1    Historical Trend (2018-2023) 
            8.8.5.2    Forecast Trend (2024-2032)
9    North America Honey Powder Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Honey Powder Market  Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Honey Powder  Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Honey Powder Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Honey Powder Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Archer Daniels Midland Company
            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    Norevo GmbH
            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    T&L Sugars 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    B Natural srl
            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    ASR Group International, Inc.,
            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    AmTech Ingredients
            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

 

Additional Customisations Available

1.    Project Requirement and Cost Analysis
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Key Figures and Tables

1.    Global Honey Powder Market: Key Industry Highlights, 2018 and 2032
2.    Global Honey Powder Historical Market: Breakup by Source (USD Million), 2018-2023
3.    Global Honey Powder Market Forecast: Breakup by Source (USD Million), 2024-2032
4.    Global Honey Powder Historical Market: Breakup by Process Type (USD Million), 2018-2023
5.    Global Honey Powder Market Forecast: Breakup by Process Type (USD Million), 2024-2032
6.    Global Honey Powder Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7.    Global Honey Powder Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8.    Global Honey Powder Historical Market: Breakup by Application (USD Million), 2018-2023
9.    Global Honey Powder Market Forecast: Breakup by Application (USD Million), 2024-2032
10.    Global Honey Powder Historical Market: Breakup by Region (USD Million), 2018-2023
11.    Global Honey Powder Market Forecast: Breakup by Region (USD Million), 2024-2032
12.    North America Honey Powder Historical Market: Breakup by Country (USD Million), 2018-2023
13.    North America Honey Powder Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Europe Honey Powder Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Europe Honey Powder Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Asia Pacific Honey Powder Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Asia Pacific Honey Powder Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Latin America Honey Powder Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Latin America Honey Powder Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Middle East and Africa Honey Powder Historical Market: Breakup by Country (USD Million), 2018-2023
21.    Middle East and Africa Honey Powder Market Forecast: Breakup by Country (USD Million), 2024-2032
22.    North America Historical Price Trends and Forecast 2018-2028
23.    Europe Historical Price Trends and Forecast 2018-2028
24.    Asia Pacific Historical Price Trends and Forecast 2018-2028
25.    Latin America Historical Price Trends and Forecast 2018-2028
26.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
27.    Global Honey Powder Market Structure

Key Questions Answered in the Report

In 2023, the global honey powder market attained a value of nearly USD 1.13 billion.

The market is projected to grow at a CAGR of 4.60% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-32 to reach about USD 1.69 billion by 2032.

The major drivers of the industry, such as changing lifestyles, rising demand from the bakery segment, growing health awareness, the product's lower cost, and the rising adoption of low-calorie food, are expected to aid the market growth.

The key trends driving the growth of the industry include the increasing demand for the product in the personal care industry and the growing demand for organic ingredients in the food and beverage and cosmetics industries.

The major regions in the industry are North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.

The leading product types in the industry are organic and conventional.

The major process types in the industry are spray dry, drum/roller dry, and vacuum dry.

Direct sales and indirect sales are the leading distribution channels for the product.

The major application sectors in the industry are food and beverage and personal care and cosmetics, among others.

The major players in the industry are Archer Daniels Midland Company, Norevo GmbH, T&L Sugars Limited, B Natural srl, ASR Group International Inc., and AmTech Ingredients, among others.

Analyst Review

The global honey powder market, driven by increasing health concerns, attained a value of USD 1.13 billion in 2023. Aided by growing production capacities, the market is expected to witness further growth in the forecast period of 2024-2032, growing at a CAGR of 4.60% to reach a value of USD 1.69 billion by 2032.       

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product type, the market is bifurcated into organic and conventional. Based on processes used, the industry is segmented into spray dry, drum/roller dry, and vacuum dry, among others. Based on distribution channels, the market is divided into direct sales and indirect sales. Based on application, the industry is majorly divided into food and beverage and personal care and cosmetics, among others. The food and beverage industry can be further segmented to include bakery products, dairy, beverages, and confectionery, among others. The major regional markets for the product include North America, Europe, Asia Pacific, Latin America and the Middle East and Africa. The key players in the above market include Archer Daniels Midland Company, Norevo GmbH, T&L Sugars Limited, B Natural srl, ASR Group International, Inc., AmTech Ingredients, 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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