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Base Year
Historical Year
Forecast Year
The India honey market reached a value of about INR 23.01 billion in 2023. The market is further expected to grow at a CAGR of about 10% between 2024 and 2032 to reach a value of nearly INR 54.22 billion by 2032.
India Honey Market Report Summary | Description | Value |
Base Year | INR Billion | 2023 |
Historical Period | INR Billion | 2018-2023 |
Forecast Period | INR Billion | 2024-2032 |
Market Size 2023 | INR Billion | 23.01 |
Market Size 2032 | INR Billion | 54.22 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 10.0% |
CAGR 2024-2032 - Market by Region | Maharashtra | 12.9% |
CAGR 2024-2032 - Market by Sector | Organized Honey Market | 11.2% |
CAGR 2024-2032 - Market by Distribution Channel | Business to Consumer | 11.4% |
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Beekeeping was one of India's oldest practices. This makes India one of the world's most prominent honey markets, generating intense competition in terms of innovation and quality. In addition, the demand for honey in India is growing due to rising customer preference for natural and healthier alternatives to sweeteners, greater awareness of the benefits of honey, as well as the growing popularity of various honey flavours. In addition, due to its proven antibacterial, anti-microbial, and anti-inflammatory properties, honey is anticipated to gain popularity in food and non-food applications throughout the world. The Government has encouraged the growth of honey in India by providing funding for the creation of businesses through marketing, R&D, innovation as well as exports. Such programs assist producers by providing consulting and mentoring services, general and industry-specific training, and providing subsidized goods and organize workshops and seminars.
Honey is a rich source of antioxidants as well as flavonoids that can minimise oxidative stress and other inflammation in the body while protecting against heart disease and cancer. In addition, the product even has antibacterial and antiseptic properties that promote wound healing by providing a moist atmosphere and increasing nutrient supply to the affected region. Owing to these factors, the market for the product has gained momentum for home remedies.
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On the basis of distribution channel, the India honey market can be divided into the following:
Based on flavour, the industry can be divided as follows:
On the basis of sector, the India honey market can be divided into:
The major states for the industry included in the regional market are as follows:
CAGR 2024-2032 - Market by | Region |
Maharashtra | 12.9% |
Tamil Nadu | XX% |
Karnataka | XX% |
Punjab | XX% |
Others | XX% |
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Due to the high floral diversity and the availability of a variety of bee forages, the honey industry provides lucrative opportunities for producers to produce a variety of honey flavours such as tulsi, ajwain, eucalyptus, and Jamun. That, along with the increasing popularity of online retail stores in the region, is driving the growth of the India honey market. In addition, the Government of India is offering training programs and advisory and mentoring services to educate farmers on the latest apiculture practices, thereby stimulating the production of honey in the country. For example, the Government has introduced the 'Production of Beekeeping to Increase Crop Yield,' a scheme that helps coordinate training and awareness-raising programs for beekeepers and promotes the establishment of honey processing plants. A wide variety of honey products are presently available in India that are used in the food and beverage, cosmetics, as well as pharmaceutical industries. Scientific evidence of the medicinal use of honey and its rising importance as a quality ingredient in nutraceuticals also serves as a powerful driver for the India honey market.
The report gives a detailed analysis of the following key players in the India honey market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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:
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Breakup by Flavour |
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Breakup by Distribution Channel |
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Breakup by Sector |
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Breakup by States |
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Market Dynamics |
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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. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The India honey market reached a value of INR 23.01 billion in 2023.
The market is projected to grow at a CAGR of nearly 10% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of about INR 54.22 billion by 2032.
The major drivers of the market include increasing population, rising application in food industry, growing popularity of online retail stores, availability of a wide variety of honey products, and increasing knowledge regarding the health benefits of consuming honey.
The Government of India is offering training programs and advisory and mentoring services to educate farmers on the latest apiculture practices. This is expected to be a key trend guiding the growth of the market along with the rising disposable incomes.
Maharashtra, Tamil Nadu, Karnataka, Punjab, and Rajasthan are the leading regions in the market.
The major distribution channels include business to consumer and business to business.
The major flavours include multiflora honey, eucalyptus honey, ajwain honey, and sidr honey, among others.
The major sectors can be divided into organized and unorganized honey markets.
The key players in the India honey market are Dabur India Ltd, Patanjali Ayurved, Bharat Honey, and Apis India, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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