Our recent study, "Forecasting the Dried Honey Market until 2028: Impact of COVID-19 and Global Analysis," covers several aspects. These include an overview of factors driving market growth, revenue estimation and forecasting, identifying significant market players, analyzing their key developments, and evaluating market share. Additionally, the study examines the different forms of dried honey (powder and granules), categories (organic and conventional), and applications (food and beverages, personal care, and pharmaceuticals and nutraceuticals).

The dried honey market is projected to reach US$ 1,253.44 million by 2028 from US$ 723.18 million in 2021. It is expected to grow at a CAGR of 8.2% from 2021 to 2028.

Dried honey finds application across diverse industries, particularly in the food and beverages sector, where it serves as a natural substitute for refined sugar. Given its antimicrobial and antioxidant properties, honey has also witnessed growing usage in personal care products. Additionally, honey's ability to mitigate health risks associated with heart diseases and blood pressure, reduce low-density lipoproteins in the body, and its traditional use as a natural remedy for coughing, have led to increased demand in the nutraceuticals industry.

The dried honey market is categorized into two forms: powder and granules. In 2020, the powder segment accounted for a significant market share. Powdered honey is created by removing most of the liquid content of natural honey, resulting in a dehydrated form that contains less than 2% liquid. Powdered honey has a prolonged shelf life and is highly suitable for various recipes. While it may not offer the same nutritional benefits as raw honey, it is still considered a better alternative for baking. Additionally, it is a preferable option to artificial sweeteners and can be added to tea, coffee, or green tea.

The dried honey market is segmented into five main regions, namely North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (SAM). In 2020, the Asia-Pacific region held the largest market share, while the Middle East and Africa market are projected to register the highest CAGR during the forecast period. Countries such as China and India are significant consumers of honey. The increased demand for dried honey as a natural sweetener in the food and beverages sector is among the top drivers of the dried honey market in the region. Unlike liquid honey, dried honey is easy to handle, store, and is not sticky. In India, the popularity of organic honey products is on the rise due to their perceived advantages over conventional options. Furthermore, manufacturers of personal care products across Asia-Pacific are extensively using dried honey in their products due to its antibacterial and hydrating properties.

Impact of COVID-19 Pandemic on Dried Honey Market

Various industries have been negatively impacted by the COVID-19 pandemic, primarily due to lockdowns, travel bans, manufacturing shutdowns, and supply shortages. The food and beverage industry, in particular, has faced operational difficulties due to supply chain disruptions and shortages in labor and raw materials. However, with the introduction of relaxation in social restrictions and accelerated vaccination drives by governments worldwide, the industry is gradually recovering from its losses. Furthermore, an increased interest in healthy and immunity-boosting food and beverages during the COVID-19 outbreak has led to the growth of the dried honey market.

The report segments the dried honey market as follows:

The dried honey market is categorized into various segments based on different factors. The form of dried honey is divided into two categories- powder and granules. The market is further segmented based on the category of organic and conventional. The applications of dried honey are divided into three categories- food & beverages, personal care, and pharmaceuticals and nutraceuticals. Lastly, based on geography, the market is segmented into five regions- North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SAM).

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