Manuka Honey Market Exhibit a CAGR of 6.50% during 2022-2027

According to latest report by IMARC Group, titled "Manuka Honey Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global manuka honey market is expected to exhibit a CAGR of 6.50% during 2022-2027.

Manuka honey refers to a form of dark honey that is extracted from the nectar of the Manuka shrub or tree, also known as Leptospermum scoparium of the Myrtaceae family. It exhibits several biological properties due to its antimicrobial and antioxidant contents. Additionally, it is also comprised of methylglyoxal (MGO), an organic compound that is tolerant to heat, light, enzymatic activity, and bodily fluids. In comparison to other honey, it is widely preferred among individuals as it contains a high amount of methylglyoxal, which is highly stable in nature and aids in wound healing, promotes oral health and soothes a sore throat, prevents gastric ulcers and improves digestion.

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Global Manuka Honey Market Demand:

The global market is majorly driven by the growing demand for sustainable food among the masses. Along with this, the rising utilization of manuka honey in various food products, including processed foods, jams, jellies, and beverages, as it provides a unique taste to the product, is impacting the market growth favorably. Apart from this, the growing popularity of manuka honey among individuals due to its antiviral, anti-fungal, and antibacterial properties is significantly supporting its demand on the global level. Furthermore, the increasing adoption of manuka honey in the formulation of several pharmaceutical and personal care products are creating a positive market outlook. Some other factors driving the market include the emerging food and beverage and e-commerce sectors.

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Key Market Segmenation:

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Airborne Honey Ltd, Apihealth NZ Ltd., Arataki Honey, Comvita, Egmont Honey, Honey Australia Pty Ltd, Manuka Honey USA LLC, Nature's Way Products LLC., Oha Honey and Wedderspoon.

Breakup by Type:

• UMF5+
• UMF10+
• UMF15+
• UMF20+

Breakup by Nature:

• Organic
• Conventional

Breakup by Distribution Channel:

• Supermarkets/Hypermarkets
• Convenience Stores
• Online Stores
• Others

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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