Honey is a sweet, viscous food substance that is made by honeybees and some related insects. Bees produce this honey from the sugary secretions of plants or from secretions of other insects, by enzymatic activity, regurgitation, and water evaporation. Bees store honey in wax structures called as honeycombs. Honey has high levels of monosaccharides, fructose, and glucose, and it also contains about 70 to 80 percent sugar, which provides its sweetness. Also, honey has antiseptic and antibacterial properties.
MARKET DYNAMICS
The honey market has witnessed significant growth due to rising awareness of health benefits associated honey. Moreover, increasing demand for organic food provides a huge market opportunity for the key players operating in the Honey market. However, rising demand for fresh honey from bees is projected to boost the overall growth of the Honey market in the forecast period.
MARKET SCOPE
The "Global Honey Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Honey market with detailed market segmentation category, distribution channel, and geography. The global Honey market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Honey market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Honey market is segmented on the basis of category and distribution channel. On the basis of category, the global Honey market is divided into organic and conventional. On the basis of distribution channel, the global Honey market is divided into supermarkets & hypermarkets, speciality stores, online retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Honey market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Honey market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report also includes the profiles affecting the Honey market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Honey market in these regions.
MARKET PLAYERS
The reports cover key developments in the Honey market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as purity launches, purity approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Honey market is anticipated to lucrative growth opportunities in the future with the rising demand for Honey in the global market. Below mentioned is the list of few companies engaged in the Honey market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Honey market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Barkman Honey, LLC.
- Bee Maid Honey
- Beeyond the Hive
- Capilano Honey Ltd.
- Comvita
- Dabur
- DUTCH GOLD HONEY
- Lamex Food Group Limited
- McCormick and Company, Inc
- Steens Honey
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.