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The global honey market size, in terms of production value, was around USD 9.77 Billion in 2024. The market has been assessed to grow at a CAGR of 4.62% in the forecast period of 2025-2034, to reach a value of USD 15.35 Billion by 2034. The global honey market size has been expanding steadily, driven by the increasing demand for nutritional ingredients in daily diets. Honey is packed with essential vitamins, minerals, and calcium, making it a preferred natural alternative to artificial sweeteners. Rich in antioxidants, it is widely used in nutritious food products, supporting a healthy lifestyle. The COVID-19 pandemic further boosted honey consumption due to its antibacterial, antiviral, and anti-fungal properties. It has long been used in medicine to treat acute cough, throat infections, and even as a remedy for corona-infected patients. The medicinal and dietary benefits of honey continue to influence consumer preferences, shaping the market’s future expansion.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

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Honey Market Report Snapshots

Honey Market Size

Honey Market Trends

Honey Companies

*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.*

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Key Questions Answered in the Report

The size of honey market reached a production value of USD 9.77 Billion in 2024.

The market is estimated to attain a value of USD 15.35 Billion by 2034, expanding at a CAGR of 4.62% between 2025 and 2034.

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.

Key opportunities in the global honey market include expanding demand for organic honey, rising health-conscious consumers, and the growing trend of natural sweeteners in food and beverages, along with innovations in honey-based skincare products.

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, Beeyond the Hive, Oha Honey LP, Billy Bee Honey Products, Little Bee Impex, and Dutch Gold Honey, Inc., among others.

The food and beverage industry dominates the global honey market, where it serves as a natural sweetener, often used as an additive in confectionery products, beverages, and baked goods.

Companies like New Zealand Honey Co., Comvita, and Dutch Gold Honey dominate the global honey market, with Comvita holding a significant share due to its strong distribution networks, brand reputation, and premium honey offerings.

Factors driving growth include increasing demand for natural and organic products, while market restraints involve issues like honey adulteration, fluctuating raw material prices, and environmental factors such as climate change affecting honey production.

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