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Global Honey Market Size, Share, Outlook, Growth, Forecast: By Processing: Organic, Conventional; By Application: Food and Beverage, Personal Care and Cosmetics, Pharmaceuticals, Others; By Distribution Channels: Business to Business, Business to Consumer; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
Competitive Landscape
Capilano Honey Limited- It was founded in 1953 by beekeepers in Queensland, Australia. It started as a small, cooperative group and has grown into one of the leading honey companies in Australia. The company is primarily known for its honey, including varieties like Manuka honey, organic honey, and a range of other floral varieties. They may also produce related products such as honeycomb, propolis, and royal jelly.
Capilano is known for its commitment to quality as it sources honey from thousands of beekeeping families across Australia. This broad sourcing contributes to a diverse range of honey flavours and types.
New Zealand Honey Co.- New Zealand Honey Company is a New Zealand-based venture, which is known for the word famous Manuka honey. It was established in 2006 and has been growing at a very fast pace.
Barkman Honey, LLC- It is a US-based honey company, which was founded in 1960 and is based in Kansas, United States. Its flagship brand is Busy Bee.
Dabur India Ltd- It is essentially an India-based multinational FMCG company that had begun as an enterprise producing indigenous medicines. It diversified itself in a wide range of FMCG products. Dabur Honey is one of its major offerings.
Other key players in the market include Capilano Honey Limited, African Bronze Honey Company, and Pastili Limited, among others.
Honey Market Report Snapshots
*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.
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 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Honey Market Analysis
8.1 Key Industry Highlights
8.2 Global Honey Historical Market (2018-2023)
8.3 Global Honey Market Forecast (2024-2032)
8.4 Global Honey Market by Processing
8.4.1 Organic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Conventional
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Honey Market by Application
8.5.1 Food and Beverage
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Personal Care and Cosmetics
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Pharmaceuticals
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Honey Market by Distribution Channels
8.6.1 Business to Business
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Business to Consumer
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.2.3 Breakup by Type
8.6.2.3.1 Hypermarkets and Supermarkets
8.6.2.3.1.1 Historical Trend (2018-2023)
8.6.2.3.1.2 Forecast Trend (2024-2032)
8.6.2.3.2 Convenience Stores
8.6.2.3.2.2 Historical Trend (2018-2023)
8.6.2.3.2.3 Forecast Trend (2024-2032)
8.6.2.3.3 Online
8.6.2.3.3.2 Historical Trend (2018-2023)
8.6.2.3.3.3 Forecast Trend (2024-2032)
8.6.2.3.4 Others
8.7 Global Honey Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
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 Buyer’s Power
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 Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
17.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 Barkman Honey, LLC
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 Dabur India Ltd
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 Capilano Honey Limited
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 African Bronze Honey Company
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 New Zealand Honey Co.
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 Pastili Limited
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 Comvita Ltd.
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 North Dallas Honey Company d/b/a Nature Nate
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 Streamland Honey Group Ltd,
18.2.9.1 Company Overview
18.2.9.2 Product Portfolio
18.2.9.3 Demographic Reach and Achievements
18.2.9.4 Certifications
18.2.10 Dutch Gold Honey, Inc.
18.2.10.1 Company Overview
18.2.10.2 Product Portfolio
18.2.10.3 Demographic Reach and Achievements
18.2.10.4 Certifications
18.2.11 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Honey Market: Key Industry Highlights, 2017 and 2021
2. Global Honey Historical Market: Breakup by Processing (KMT), 2018-2023
3. Global Honey Market Forecast: Breakup by Processing (KMT), 2024-2032
4. Global Honey Historical Market: Breakup by Distribution Channel (KMT), 2018-2023
5. Global Honey Market Forecast: Breakup by Distribution Channel (KMT), 2024-2032
6. Global Honey Historical Market: Breakup by Region (KMT), 2018-2023
7. Global Honey Market Forecast: Breakup by Region (KMT), 2024-2032
8. North America Honey Historical Market: Breakup by Country (KMT), 2018-2023
9. North America Honey Market Forecast: Breakup by Country (KMT), 2024-2032
10. Europe Honey Historical Market: Breakup by Country (KMT), 2018-2023
11. Europe Honey Market Forecast: Breakup by Country (KMT), 2024-2032
12. Asia Pacific Honey Historical Market: Breakup by Country (KMT), 2018-2023
13. Asia Pacific Honey Market Forecast: Breakup by Country (KMT), 2024-2032
14. Latin America Honey Historical Market: Breakup by Country (KMT), 2018-2023
15. Latin America Honey Market Forecast: Breakup by Country (KMT), 2024-2032
16. Middle East and Africa Honey Historical Market: Breakup by Country (KMT), 2018-2023
17. Middle East and Africa Honey Market Forecast: Breakup by Country (KMT), 2024-2032
18. Major Importing Countries by Volume (2021)
19. Major Exporting Countries by Volume (2021)
20. Major Importing Countries by Value (2021)
21. Major Exporting Countries by Value (2021)
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Honey Market Structure
Key Questions Answered in the Report
The market reached a production volume of 9.77 million tons in 2023.
The market is estimated to attain a volume of 14.66 million tons by 2032, expanding at a CAGR of 4.62% between 2024 and 2032.
The market is driven by the growing demand for honey in various personal care products and increasing investments by market players to meet the demand.
The rising awareness about the health benefits of honey has propelled the use of honey in various products and the increasing application of honey for medicinal purposes are the key trends followed in the market.
The regional markets for the global honey market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The types of processing available in the honey market include organic and conventional.
Honey finds extensive applications in food and beverage, personal care and cosmetics, pharmaceuticals, among others.
The distribution channels for honey include business to business and business to consumer. The business to consumer segment can be further bifurcated into hypermarkets and supermarkets, convenience stores, and online, among others.
Honey is known to provide antidepressant, anticonvulsant, and anti-anxiety benefits. It also has a rather lower glycemic index compared to sugar and does not affect the blood sugar levels as much.
The key players in the market include Barkman Honey, LLC, Dabur India Ltd, Capilano Honey Limited, African Bronze Honey Company, New Zealand Honey Co., Pastili Limited, Comvita Ltd., North Dallas Honey Company d/b/a Nature Nate, Streamland Honey Group Ltd, and Dutch Gold Honey, Inc., among others.
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