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Dry Honey Product Market to Expand with Significant CAGR During 2017 - 2025
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Global Dry Honey Product Market: Dynamics
Advantages of dry honey product over liquid honey including high shelf life, convenient storage, and transport, high, etc. Growing food and beverages industry and personal care & cosmetic industry are expected to fuel the global dry honey product market over the forecast period. Moreover, the reasonable cost of dry honey product compared to other sugar containing product is expected to bolster its growth in developing economies such as the Middle East and Africa and Asia Pacific.
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Global Dry Honey Product Market: Segmentation
The global dry honey product market is segmented on the basis of product form, source, flavour, end-use, and region. Among the product form segments, powder segment is expected to dominate the global dry honey product market, attributed to the high application of dry honey powder as an ingredient in food and beverages industries. Demand for the organic dry honey product is relatively high in global dry honey product market with a significant growth rate over the forecast period on the basis of source type segmentation. On the basis of flavour, the pure honey segment is expected to account for relatively high revenue share in the global dry honey product market.
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Global Dry Honey Product Market: Regional Overview
On the basis of geography, the global dry honey product market is fragmented into seven regions namely, North America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Latin America, the Middle East & Africa and Japan. The North America dry honey product market is expected to dominate the global dry honey product market in terms of revenue share over the forecast period followed by Western Europe dry honey product market, owing to increasing demand for the dry honey over the liquid in end-use industries.
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