North America Dried Honey Market to Reach US$ 261.47 Million by 2028 | ASR Group , Associated British Foods Plc., Best Ground International

The dried honey market in North America is expected to grow from US$ 152.16 million in 2021 to US$ 261.47 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.

Table sugar or refined sugar is the most widely used sweetener in food and beverages. However, the rising health risks associated with refined sugar consumption, such as obesity, heart disease, and diabetes, are reducing its popularity. Obesity is associated with numerous health problems, including cardiovascular diseases such as heart disease and stroke. Obesity also leads to diabetes, one of the most common health problems in adults and children.

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An imbalance between the number of calories consumed and burned due to the high intake of energy-dense food products having high sugar and calorie content, and decreased physical activity is the major cause of obesity. As a result, people are increasingly replacing high-sugar food and beverages with food products containing natural sweeteners. They are similar to sugar in taste but have a substantially low calorific content. Dried honey is being widely used as a natural sweetener and flavoring agent in various food products, including bakery products, confectionery, ice creams and desserts, dairy products, sauces and dressings, cereals, and snacks.

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Major Key players covered in this report:

• ASR Group
• Associated British Foods Plc.
• Best Ground International
• Dorilton Capital
• Hoosier Hill Farm
• Norevo GmbH
• Specialty Products and Technology, Inc
• Spice Jungle
• Sweet Harvest Foods
• The Archer Daniels Midland Company

North America Dried Honey Market Segmentation

The North America dried honey market is segmented on the basis of form, category, application, and country. Based on form, the market is segmented into powder and granules. The powder segment dominated the market in 2020, and it is expected to register a higher CAGR in the market during the forecast period. Based on category, the North America dried honey market is segmented into organic and conventional. The conventional segment dominated the market in 2020; however, the organic segment is register a higher CAGR in the market during the forecast period. Based on application, the North America dried honey market is segmented into food and beverages, personal care, and pharmaceuticals and nutraceuticals. The food and beverages segment dominated the market in 2020; however, the North America dried honey market for the pharmaceuticals and nutraceuticals segment is expected to grow at the fastest CAGR during the forecast period.

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With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America dried honey market at a good CAGR during the forecast period.

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This release was published on openPR.