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The Mexico honey market size is expected to grow at a CAGR of 5.6% between 2024 and 2032.
The consumption of honey surged during the COVID-19 pandemic due to its efficacy in treating mild coughs and throat infections, driven by its medicinal properties. Honey, a viscous brown liquid derived from flower nectar by bees, contains various nutrients and antioxidants, making it a healthy alternative to sugar and artificial sweeteners. Its antibacterial, antifungal, antiviral, and antiseptic properties contribute to healing burns, wounds, and infections, as well as preventing acid reflux. Moreover, honey finds extensive use in skincare, bolstering its presence in beauty and skincare products, driving the honey market in Mexico.
Mexico, renowned for producing high-quality honey, ranks as the 9th largest global producer, exporting USD 122M worth in 2022. The country's honey industry has witnessed steady growth since 1966, with a 2.5% annual increase in production. Notably, Mexico's honey is prized in markets like the European Economic Community and the United States for its nutritional and therapeutic value, aroma, taste, and colour acting as a key factor in the Mexico honey market development.
In terms of trade, Mexico imports honey mainly from the United States, France, Spain, Turkey, and Finland. However, it stands as the 152nd largest importer globally, importing USD 44.5 thousand worth in 2022. Among export destinations, the United States, Germany, and Switzerland are significant markets for Mexican honey, experiencing notable growth between 2021 and 2022.
Mexico's rich biodiversity contributes to a variety of honey types, including Melipona honey, known for its gourmet flavour, and White Mesquite honey, prized for its mild floral taste. The honey market in Mexico remains vibrant, underscored by its dual role as a major producer and exporter, offering a wide array of honey varieties to consumers globally.
Mexico Honey Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by Distribution Channel
Market Breakup by Region
Key players in the honey in Mexico produce and process products to aid the end users offering healthy options in the market.
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 Type |
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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 Market 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 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Honey Market Overview
8.1 Key Industry Highlights
8.2 Latin America Honey Historical Market (2018-2023)
8.3 Latin America Honey Market Forecast (2024-2032)
8.4 Latin America Honey Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Colombia
8.4.5 Others
9 Mexico Honey Market Overview
9.1 Key Industry Highlights
9.2 Mexico Honey Historical Market (2018-2023)
9.3 Mexico Honey Market Forecast (2024-2032)
10 Mexico Honey Market by Type
10.1 Buckwheat Honey
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Alfalfa Honey
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Date Honey
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Clover Honey
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Linden Honey
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Acacia Honey
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Others
11 Mexico Honey Market by Application
11.1 Pharmaceuticals
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Food and Beverages
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Personal Care and Cosmetics
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Mexico Honey Market by Distribution Channel
12.1 Hypermarkets/Supermarkets
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Convenience Stores
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Online Channels
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Mexico Honey Market by Region
13.1 Baja California
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 Northern Mexico
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 The Bajío
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 Central Mexico
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Pacific Coast
13.5.1 Historical Trend (2018-2022)
13.5.2 Forecast Trend (2023-2028)
13.6 Yucatan Peninsula
13.6.1 Historical Trend (2018-2022)
13.6.2 Forecast Trend (2023-2028)
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 Buyers Powers
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 (HS Code: 0409)
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 Hermes Honey, S.A. DE C.V.
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 Naturasol S.A. de C.V.
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 Aunt Ofilia
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 KEVALA
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 Grupo Herdez, SAB de CV
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 Nature Nate’s
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 QueenBee Honey
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Wedderspoon Organic
18.2.8.1 Company Overview
18.2.8.2 Product Portfolio
18.2.8.3 Demographic Reach and Achievements
18.2.8.4 Certifications
18.2.9 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Honey Market: Key Industry Highlights, 2018 and 2032
2. Mexico Honey Market: Key Industry Highlights, 2018 and 2032
3. Mexico Honey Historical Market: Breakup by Type (USD Million), 2018-2023
4. Mexico Honey Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Mexico Honey Historical Market: Breakup by Application (USD Million), 2018-2023
6. Mexico Honey Market Forecast: Breakup by Application (USD Million), 2024-2032
7. Mexico Honey Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
8. Mexico Honey Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
9. Mexico Honey Historical Market: Breakup by Region (USD Million), 2018-2023
10. Mexico Honey Market Forecast: Breakup by Region (USD Million), 2024-2032
11. Major Importing Countries by Volume
12. Major Exporting Countries by Volume
13. Major Importing Countries by Value
14. Major Exporting Countries by Value
15. Mexico Honey Market Structure
The honey market is projected to grow at a CAGR of 5.6% between 2024 and 2032.
The market is categorised according to its type, which includes buckwheat honey, alfalfa honey, date honey, clover honey, linden honey, acacia honey and others.
The key market players are Hermes Honey, S.A. DE C.V., Naturasol S.A. de C.V., Aunt Ofilia, KEVALA, Grupo Herdez, SAB de CV, Nature Nate’s, QueenBee Honey, Wedderspoon Organic, and others.
The market is driven by factors that include increasing automotive manufacturing, rapid urbanisation, and global demand for copper, among others.
The market is categorised according to its distribution channel, which includes hypermarkets/supermarkets, convenience stores, online channels, and others.
Europe stands as the second-largest honey producer globally, trailing only China. In 2021, European production amounted to 1,772 thousand tonnes, representing over 13% of the world's total. By 2022, the continent boasted more than 20.2 million beehives devoted to beekeeping operations.
The honey selection includes a diverse range of options such as dzidzilche, tahonal, jabín, orange, campanita, highland, forest, mountain, wildflower, ulmo, eucalyptus, peumo, mesquite, avocado, mango, coffee, and hazelnut varieties.
The United States is the leading importer of honey globally.
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