Honey Market 2018 Business Outlook To 2023 - AbbVie, Boehringer Ingelheim, Grifols International, S.A, Lonza AG, Catalant, Aesica Pharmaceuticals, Pharmaceutical Product Development, Pfizer Inc., Baxter Biopharma Solutions, Jubilant Life Sciences Limited,

Honey Market report is in-depth study on how the status is for the industry. This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It also includes profiles of leading companies and brands that are driving the market with their recent developments, product launches, joint ventures, merges, and accusations.

A shift in consumer food consumption pattern and increasing demand for healthy food and beverages is one of the major drivers identified for the global honey market. Increasing demand for natural sweeteners and rising awareness about the health benefits obtained from it are propelling the growth of honey, globally. Additionally, the diverse application of honey is also adding fuel to its growth. Innovative flavors also tend to attract consumers towards the offerings of manufacturers.

Honey is available in various forms and flavors. It also finds its traditional applications and is consumed widely to treat various gastrointestinal ailments. High nutritional value of honey has made it a potential substitute for table sugar. High antioxidant value and high shelf-life of honey are estimated to be increasing its popularity among consumers. Based on its nutrient content, honey is also consumed by health-conscious consumers to reduce the blood pressure level.

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Some of the key players operating in the global Honey market are Dabur India Ltd. (India), Capilano Honey Ltd. (Australia), Comvita Ltd. (New Zealand), Barkman Honey Llc (U.S.), Bee Maid Honey Ltd. (Canada), Lamex Food Group Ltd. (U.S.), Billy Bee Honey Products (Canada), and Beeyond The Hive (U.S.), among others.

Regional Analysis:

As per RFM analysis, the global honey market is segmented into North America, Europe, Asia-Pacific, and Rest of the world. Asia-Pacific is projected to retain its dominance throughout the forecast period, owing to the rise in the production volume and increasing consumption of honey. The market share of the region is estimated to reach 1,162.8 kt, in terms of volume by 2023. However, Rest of the World region, including countries such as Latin America, the Middle East, and Africa, is projected to expand at a moderate CAGR of 7.31% during the forecast period, 2017-2023.

The reports also cover country-level analysis of:

North America
• U.S.
• Canada
• Mexico
Europe
• Romania
• Spain
• Hungary
• Ukraine
• Russia
• Rest of Europe
Asia-Pacific
• China
• India
• New Zealand
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Middle East
• Africa
• Latin America

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Table of Content:

1Executive Summary
2Market Introduction
3Research Methodology
4Market Dynamics
5Market Factor Analysis
6Global Honey Market, By Process
7Global Honey Market, By Application
8Global Honey Market, By Technology
9Global Honey Market, By Region
10Competitive Landscape
11Company Profile

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Reasons to Purchase this Report:

• Current and future of global Honey Market outlook in the developed and emerging markets

• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.

• Regions/countries that are expected to witness the fastest growth rates during the forecast period

• The latest developments, market shares, and strategies that are employed by the major market players

Segments

• The global honey market is segmented into type, application, and packaging. Further, by region it is segmented into North America, Europe, Asia-Pacific, and Rest of the world.

• By type, it is segmented into alfalfa, wildflower, buckwheat, acacia, clover honey, and others. Among all, the wildflower honey segment is projected to account for the maximum market proportion and is projected to grow at a CAGR of 7.35% during the forecast period.

• By application, it is segmented into food & beverage, personal care products, pharmaceuticals, and others. The food & beverage segment is dominating the market due to the increasing demand for honey in food products. This segment is projected to grow at a CAGR of 7.26% during the forecast period.

• By packaging, it is segmented into bottle, jar, tube, tub, and others. The bottle segment is projected to account for approximately 45% of market proportion and is projected to grow at a CAGR of 6.72% over the review period of 2017-2023.

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Key Findings

• Asia-Pacific is estimated to retain its dominance throughout the forecast period and will grow at a substantial CAGR of 7.68%. Furthermore, among the Asia-Pacific countries, China is projected to witness a substantial growth of 6.95% during the forecast period of 2017-2023.

• Global honey manufacturers find massive opportunity in China, owing to the huge demand for honey as an ingredient in personal care products among the population.

• Regional and Country Analysis of Honey Market Development and Demand Forecast to 2023 Market

• As per RFM analysis, the global market for honey is expected to witnessing continuous demand during the forecast period, owing to the rising population of consumers adopting healthy food consumption trends. The global honey market is expected to reach 2,768.7 kt by the end of the year 2023 at a CAGR of 7.22% during the forecast period. Asia-Pacific is projected to dominate the market, followed by Europe.

Target Audience

• Global honey manufacturers
• Foods & beverages industry
• Pharmaceutical industry
• Raw material suppliers
• Retailers and wholesalers
• Traders, importers, and exporters

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