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Honey Market(2023-2030) Outlook By Players Dabur India Ltd., Beeyond the Hive
๐๐ซ๐๐ ๐ญ๐ก๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ- https://www.thebrainyinsights.com/enquiry/sample-request/12678
Honey Market Size by Processing (Conventional, & Organic), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online, & Others), Application, Packaging, Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030
Leading companies in the industry include Dabur India Ltd., Beeyond the Hive, New Zealand Honey Co., Oha Honey LP, Little Bee Impex, Barkman Honey LLC, Capilano Honey Ltd., Billy Bee Honey Products, Dutch Gold Honey, inc. and Golden Acres Honey among others which are offering greater opportunities and are continuously focused on new product developments and venture capital investments to obtain market share.
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The processing segment is divided into conventional & organic. The conventional segment dominated the market with a market share of around 75% in 2021.The distribution channel segment is divided into supermarkets/hypermarkets, convenience stores, online & others. Over the forecast period, the online segment is expected to grow at the fastest CAGR of 6.5%. The application segment is divided into food & beverages, personal care & cosmetics, pharmaceuticals & other applications. In 2021, the food & beverages segment dominated the market, accounting for around 40% of global revenue. The packaging segment is divided into bottle, glass jar, tub, tube & others. The bottle segment dominated the global honey market with a market share of 48% in 2021. The ability of bottle to take different shapes and sizes make them popular, along with being easy to transport as it is lightweight and shatter resistant. Significant budget allocations have been done by the governments of developing countries around the world in beekeeping. The development of beekeeping infrastructure, new product innovations in beekeeping equipment, allocation of dedicated land for apiculture along with providing easy finance options to interested individuals. The milk cooperative AMUL based in India launched new products which are honey based in collaboration with the National Bee Board & Gujarat Cooperative Milk Mark Federation Ltd. with the aim of increasing consumer confidence in honey products, the Indian government launched an online portal, "Madhukranti". This online portal provides the information about the source of the honey making sure that quality products reach the consumers.
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