Reports
Sale
India Honey Market Size, Share, Trends, Analysis, Forecast: By Flavour: Multiflora Honey, Eucalyptus Honey, Ajwain Honey, Sidr Honey, Others; By Distribution Channel: Business to Consumer, Business to Business; By Sector: Organized Honey Market, Unorganized Honey Market; Regional Analysis; Competitive Landscape; 2024-2032
India Honey Market Outlook
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
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 artificial 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.
Market Segmentation
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.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
On the basis of distribution channel, the India honey market can be divided into the following:
- Business to Consumer
- General Trade
- Modern Trade Facilities
- E-Commerce
- Business to Business
- Food and Beverage
- Pharmaceuticals
- Cosmetics
Based on flavour, the industry can be divided as follows:
- Multiflora
- Eucalyptus
- Ajwain
- Sidr
- Others
On the basis of sector, the India honey market can be divided into:
- Organized
- Unorganized
The major states for the industry included in the regional market are as follows:
- Maharashtra
- Tamil Nadu
- Karnataka
- Punjab
- Rajasthan
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Analysis
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.
Competitive Landscape
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:
- Dabur India Ltd
- Patanjali Ayurved
- Bharat Honey
- Apis India
- Others
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.
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:
|
| Breakup by Flavour |
|
| Breakup by Distribution Channel |
|
| Breakup by Sector |
|
| Breakup by States |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| 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 Market Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 India Honey Market Snapshot
7 Opportunities and Challenges in the Market
8 India Honey Market Analysis
8.1 Key Industry Highlights
8.2 India Honey Historical Market (2018-2023)
8.3 India Honey Market Forecast (2024-2032)
8.4 India Honey Market by Flavour
8.4.1 Multiflora Honey
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Eucalyptus Honey
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Ajwain Honey
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Sidr Honey
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 India Honey Market by Distribution Channel
8.5.1 Business to Consumer
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.1.3 Breakup by Sales Channel
8.5.1.3.1 General Trade
8.5.1.3.2 Modern Trade Facilities
8.5.1.3.3 E-Commerce
8.5.1.4 Performance of Key SKU
8.5.2 Business to Business
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.2.3 Breakup by End Use
8.5.2.3.1 Food and Beverage
8.5.2.3.2 Pharmaceuticals
8.5.2.3.3 Cosmetics
8.5.2.4 Performance of Key SKU
8.6 India Honey Market by Sector
8.6.1 Organized Honey Market
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Unorganized Honey Market
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 India Honey Market by States
8.7.1 Maharashtra
8.7.2 Tamil Nadu
8.7.3 Karnataka
8.7.4 Punjab
8.7.5 Rajasthan
9 Regional Analysis
9.1 Maharashtra
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Tamil Nadu
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Karnataka
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Punjab
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Rajasthan
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
10 Seasonality in Indian Honey Market
10.1 Autumn and Spring Season
10.2 Winter Season
10.3 Summer and Monsoon Season
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Case Study: Patanjali Honey
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Dabur India 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 Patanjali Ayurved
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 Bharat Honey
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 Apis India
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 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. India Honey Market: Key Industry Highlights, 2018 and 2032
2. India Honey Historical Market: Breakup by Flavour (INR Billion), 2018-2023
3. India Honey Market Forecast: Breakup by Flavour (INR Billion), 2024-2032
4. India Honey Historical Market: Breakup by Distribution Channel (INR Billion), 2018-2023
5. India Honey Market Forecast: Breakup by Distribution Channel (INR Billion), 2024-2032
6. India Honey Historical Market: Breakup by Sector (INR Billion), 2018-2023
7. India Honey Market Forecast: Breakup by Sector (INR Billion), 2024-2032
8. India Honey Historical Market: Breakup by States (INR Billion), 2018-2023
9. India Honey Market Forecast: Breakup by States (INR Billion), 2024-2032
10. India: Honey Market: Major Drivers and Challenges
11. India: Honey Market: Sales Value (in INR Billion), 2018-2023
12. India: Organized Honey Market: Sales Value (in INR Billion), 2018-2023
13. India: Unorganized Honey Market: Sales Value (in INR Billion), 2018-2023
14. India: Honey Market: Breakup by Distribution Channel (in %)
15. India: Honey Market: Breakup by Flavor (in %)
16. India: Honey Market: Breakup by Seasonality (in %)
17. India: Honey Market: Breakup by States (in %)
18. India: Honey Market Forecast: Sales Value (in INR Billion), 2024-2032
19. India: Organized Honey Market Forecast: Sales Value (in INR Billion), 2024-2032
20. India: Unorganized Honey Market Forecast: Sales Value (in INR Billion), 2024-2032
21. India: Honey Market: SWOT Analysis
22. India: Honey Market: Value Chain Analysis
23. India: Honey Market: Porter’s Five Forces Analysis
24. India: Honey Market (Business to Consumer): Sales Value (in INR Billion), 2018-2023
25. India: Honey Market (Business to Consumer): Breakup by Sales Channel (in %)
26. India: Honey Market (Business to Consumer): Sales through General Trade (in INR Billion),2018-2023
27. India: Honey Market (Business to Consumer) Forecast: Sales through General Trade (in INR Billion), 2024-2032
28. India: Honey Market (Business to Consumer): Sales through Modern Trade Fronts (in INR Billion), 2018-2023
29. India: Honey Market (Business to Consumer) Forecast: Sales through Modern Trade Fronts (in INR Billion), 2024-2032
30. India Honey Market (Business to Consumer): Sales through E-Commerce (in INR Billion), 2018-2023
31. India: Honey Market: Sales Value Through E-commerce Forecast (in INR Billion), 2024-2032
32. India: Honey Market (Business to Consumer) Forecast: Sales Value (in INR Billion), 2024-2032
33. India: Honey Market (Business to Business): Sales Value (in INR Billion), 2018-2023
34. India: Honey Market (Business to Business): Breakup by End-Use (in %)
35. India: Honey Market (Business to Business): Sales Value for Food and Beverage (in INR Billion), 2018-2023
36. India: Honey Market (Business to Business) Forecast: Sales Value for Food and Beverage (in INR Billion), 2024-2032
37. India: Honey Market (Business to Business): Sales Value for Pharmaceuticals (in INR Billion), 2018-2023
38. India: Honey Market (Business to Business) Forecast: Sales Value for Pharmaceuticals (in INR Billion), 2024-2032
39. India: Honey Market (Business to Business): Sales Value for Cosmetics (in INR Billion), 2018-2023
40. India: Honey Market (Business to Business) Forecast: Sales Value for Cosmetics (in INR Billion), 2024-2032
41. India: Honey Market (Business to Business): Breakup by Key SKU (in %)
42. India: Honey Market (Business to Business) Forecast: Sales Value (in INR Billion), 2024-2032
43. India: Honey Market (Multiflora): Sales Value (in INR Billion), 2018-2023
44. India: Honey Market (Multiflora) Forecast: Sales Value (in INR Billion), 2024-2032
45. India: Honey Market (Eucalyptus): Sales Value (in INR Billion), 2018-2023
46. India: Honey Market (Eucalyptus) Forecast: Sales Value (in INR Billion), 2024-2032
47. India: Honey Market (Ajwain): Sales Value (in INR Billion), 2018-2023
48. India: Honey Market (Ajwain) Forecast: Sales Value (in INR Billion), 2024-2032
49. India: Honey Market (Sidr): Sales Value (in INR Billion), 2018-2023
50. India: Honey Market (Sidr) Forecast: Sales Value (in INR Billion), 2024-2032
51. India: Honey Market (Other Flavours): Sales Value (in INR Billion), 2018-2023
52. India: Honey Market (Other Flavours) Forecast: Sales Value (in INR Billion), 2024-2032
53. Maharashtra: Honey Market: Sales Value (in INR Billion), 2018-2023
54. Maharashtra: Honey Market Forecast: Sales Value (in INR Billion), 2024-2032
55. Tamil Nadu: Honey Market: Sales Value (in INR Billion), 2018-2023
56. Tamil Nadu: Honey Market Forecast: Sales Value (in INR Billion), 2024-2032
57. Karnataka: Honey Market: Sales Value (in INR Billion), 2018-2023
58. Karnataka: Honey Market Forecast: Sales Value (in INR Billion), 2024-2032
59. Punjab: Honey Market: Sales Value (in INR Billion), 2018-2023
60. Punjab: Honey Market Forecast: Sales Value (in INR Billion), 2024-2032
61. Rajasthan: Honey Market: Sales Value (in INR Billion), 2018-2023
62. Rajasthan: Honey Market Forecast: Sales Value (in INR Billion), 2024-2032
63. India: Honey Market: Breakup by Key Players (in %)
64. India Honey Market Structure
Key Questions Answered in the Report
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.
Analyst Review
The India honey market attained a value of INR 23.01 billion in 2023, driven by the increasing popularity of online retail stores. Aided by the rising medicinal use of honey and its rising importance as a quality ingredient, especially in nutraceuticals, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 10%. The industry is projected to reach INR 54.22 billion by 2032.
EMR's meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its distribution channel, the market can be segmented into business to consumer and business to business. By flavour, the industry can be divided into multiflora, eucalyptus, ajwain, and sidr honey, among others. On the basis of sector, the industry is segmented into organised and unorganized sectors. The major regional markets for the product are Maharashtra, Tamil Nadu, Karnataka, Punjab, and Rajasthan. The key players in the above industry include Dabur India Ltd, Patanjali Ayurved, Bharat Honey, and Apis India, 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.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER