Honey Market Size, Share & Trends Analysis Report By Application (Food & Beverages, Personal Care & Cosmetics, Pharmaceutical), By Distribution Channel, By Region, And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Food & Beverages | Report Format: Electronic (PDF)

The global honey market size is expected to reach USD 14.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.0% over the forecast period. Rising awareness among health conscious consumers regarding the health benefits associated with honey as it acts as a rich source of antioxidants is expected to be key factor boosting the market growth over the forecast period. Moreover, it is the best alternative for sugar as well as artificial sweeteners and is widely used for producing organic and low calorie food and beverage goods.

Food and beverages held the largest share of 71.4% in 2018 in terms of revenue as a result of rising concerns over harmful effects associated with artificial sweeteners and sugar. Moreover, the product is gaining popularity in the food and beverage industry on account of its nutritional benefits as well as its flavor.

Major manufacturers are adopting marketing strategies including new product launches, expansion of the distribution channel, and mergers and acquisitions in order to gain a competitive edge in the market. For instance, in April 2019, Wales Hilltop launched three exclusive range of products in the U.K. retail market namely Organic Fairtrade Honey, Manuka Honey, and core honey. These new product launches are expected to increase the product visibility and will encourage the people to adopt all-natural and organic products rather than harmful sugar.

Asia Pacific is expected to be the fastest growing market, expanding at a revenue-based CAGR of 8.5% from 2019 to 2025. Over the past few years, the major manufacturers have been increasingly investing in product development and adopting technologies in apiculture. For instance, in January 2018, Tureky-based Alt?parmak got a funding of USD 4.98 million from the European Bank for Reconstruction and Development (EBRD) for the enhancement of innovations in apitherapy, honey production, and value chain improvement.

Further key findings from the report suggest:

• Demand for the online distribution channel was pegged at 410.2 kilo tons in 2018

• By application, the personal care and cosmetics segment is expected to expand at the fastest CAGR of 8.3% in terms of revenue from 2019 to 2025

• Demand in Europe is expected to reach 1.1 million tons by the end of 2025

• Honey market key players include Beeyond the Hive; Dabur India Ltd.; Patanjali Ayurved; Capilano Barkman; Oha Honey LP; Bee Maid Honey Ltd.; Streamland Biological Technology Limited; and Dutch Gold.

 Table of Contents

Chapter 1. Methodology and Scope
                     1.1. Market Segmentation & Scope
                     1.2. Market Definition
                     1.3. Information Procurement
                          1.3.1. Purchased Database
                          1.3.2. GVR's Internal Database
                          1.3.3. Secondary Sources & Third-Party Perspectives
                          1.3.4. Primary Research
                     1.4. Information Analysis 
                          1.4.1. Data Analysis Models
                     1.5. Market Formulation & Data Visualization
                     1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                     2.1. Market Outlook
                     2.2. Segmental Outlook
                     2.3. Competitive Insights

Chapter 3. Honey Market Variables, Trends & Scope
                     3.1. Market Introduction
                     3.2. Penetration & Growth Prospect Mapping
                     3.3. Industry Value Chain Analysis
                          3.3.1. Sales/Retail Channel Analysis
                          3.3.2. Profit Margin Analysis
                     3.4. Market Dynamics
                          3.4.1. Market Driver Analysis
                          3.4.2. Market Restraint Analysis
                          3.4.3. Industry Challenges
                          3.4.4. Industry Opportunities
                     3.5. Business Environment Analysis
                          3.5.1. Industry Analysis - Porter's
                               3.5.1.1. Supplier Power
                               3.5.1.2. Buyer Power
                               3.5.1.3. Substitution Threat
                               3.5.1.4. Threat from New Entrant 
                               3.5.1.5. Competitive Rivalry
                     3.6. Roadmap of Honey Market
                     3.7. Market Entry Strategies

Chapter 4. Consumer Behavior Analysis
                     4.1. Consumer Trends and Preferences
                     4.2. Factors Affecting Buying Decision 
                     4.3. Consumer Product Adoption 
                     4.4. Observations & Recommendations

Chapter 5. Honey Market: Application Estimates & Trend Analysis
                     5.1. Application Movement Analysis & Market Share, 2018 & 2025
                     5.2. Food & Beverages
                          5.2.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                     5.3. Personal Care & Cosmetics
                          5.3.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                     5.4. Pharmaceutical
                          5.4.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)

Chapter 6. Honey Market: Distribution Channel Estimates & Trend Analysis
                     6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
                     6.2. Convenience Stores
                          6.2.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                     6.3. Supermarket/Hypermarket
                          6.3.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                     6.4. Online
                          6.4.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)

Chapter 7. Honey Market: Regional Estimates & Trend Analysis
                     7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                     7.2. North America
                          7.2.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.2.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.2.4. U.S.
                               7.2.4.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.2.4.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.2.5. Canada
                               7.2.5.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.2.5.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.2.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                     7.3. Europe
                          7.3.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.3.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.3.4. Germany
                               7.3.4.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.3.4.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.3.5. U.K.
                               7.3.5.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.3.5.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.3.6. France
                               7.3.6.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.3.6.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.3.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                     7.4. Asia Pacific
                          7.4.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.4.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.4.4. China
                               7.4.4.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.4.4.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.4.5. India
                               7.4.5.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.4.5.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                     7.5. Central & South America
                          7.5.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.5.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                     7.6. Middle East & Africa (MEA)
                          7.6.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.6.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)
                          7.6.4. Saudi Arabia
                               7.6.4.1. Market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.6.4.2. Market estimates and forecast, by application, 2015 - 2025 (Kilo Tons) (USD Million)
                               7.6.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (Kilo Tons) (USD Million)

Chapter 8. Competitive Analysis
                     8.1. Key global players, recent developments & their impact on the industry
                     8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                     8.3. Vendor Landscape
                          8.3.1. Key company market share analysis, 2018

Chapter 9. Company Profiles
                     9.1. Beeyond the Hive
                          9.1.1. Company Overview
                          9.1.2. Financial Performance
                          9.1.3. Technology Benchmarking
                          9.1.4. Strategic Initiatives
                     9.2. Dabur India Ltd.
                          9.2.1. Company Overview
                          9.2.2. Financial Performance
                          9.2.3. Technology Benchmarking
                          9.2.4. Strategic Initiatives
                     9.3. Patanjali Ayurved
                          9.3.1. Company Overview
                          9.3.2. Financial Performance
                          9.3.3. Technology Benchmarking
                          9.3.4. Strategic Initiatives
                     9.4. Capilano Honey Ltd.
                          9.4.1. Company Overview
                          9.4.2. Financial Performance
                          9.4.3. Technology Benchmarking
                          9.4.4. Strategic Initiatives
                     9.5. Barkman Honey, LLC.
                          9.5.1. Company Overview
                          9.5.2. Financial Performance
                          9.5.3. Technology Benchmarking
                          9.5.4. Strategic Initiatives
                     9.6. New Zealand Honey Co.
                          9.6.1. Company Overview
                          9.6.2. Financial Performance
                          9.6.3. Technology Benchmarking
                          9.6.4. Strategic Initiatives
                     9.7. Oha Honey LP
                          9.7.1. Company Overview
                          9.7.2. Financial Performance
                          9.7.3. Technology Benchmarking
                          9.7.4. Strategic Initiatives
                     9.8. Bee Maid Honey Ltd.
                          9.8.1. Company Overview
                          9.8.2. Financial Performance
                          9.8.3. Technology Benchmarking
                          9.8.4. Strategic Initiatives
                     9.9. Streamland Biological Technology Limited
                          9.9.1. Company Overview
                          9.9.2. Financial Performance
                          9.9.3. Technology Benchmarking
                          9.9.4. Strategic Initiatives
                     9.10. Dutch Gold Honey Inc.
                          9.10.1. Company Overview
                          9.10.2. Financial Performance
                          9.10.3. Technology Benchmarking
                          9.10.4. Strategic Initiatives

List of Tables

1. Honey - Key market driver analysis
2. Honey - Key market restraint analysis
3. Global honey market estimates and forecast, for food & beverages, 2015 - 2025 (Kilo Tons) (USD Million)
4. Global honey market estimates and forecast, for personal care & cosmetics, 2015 - 2025 (Kilo Tons) (USD Million)
5. Global honey market estimates and forecast, for pharmaceutical, 2015 - 2025 (Kilo Tons) (USD Million)
6. Global honey market estimates and forecast, by convenience stores, 2015 - 2025 (Kilo Tons) (USD Million)
7. Global honey market estimates and forecast, by supermarket/hypermarket, 2015 - 2025 (Kilo Tons) (USD Million)
8. Global honey market estimates and forecast, by online, 2015 - 2025 (Kilo Tons) (USD Million)
9. North America honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
10. North America honey market volume, by application, 2015 - 2025 (Kilo Tons) 
11. North America honey market revenue, by application, 2015 - 2025 (USD Million)
12. North America honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
13. North America honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
14. U.S. honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
15. U.S. honey market volume, by application, 2015 - 2025 (Kilo Tons) 
16. U.S. honey market revenue, by application, 2015 - 2025 (USD Million)
17. U.S. honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
18. U.S. honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
19. Canada honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
20. Canada honey market volume, by application, 2015 - 2025 (Kilo Tons) 
21. Canada honey market revenue, by application, 2015 - 2025 (USD Million)
22. Canada honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
23. Canada honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
24. Europe honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
25. Europe honey market volume, by application, 2015 - 2025 (Kilo Tons) 
26. Europe honey market revenue, by application, 2015 - 2025 (USD Million)
27. Europe honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
28. Europe honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
29. Germany honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
30. Germany honey market volume, by application, 2015 - 2025 (Kilo Tons) 
31. Germany honey market revenue, by application, 2015 - 2025 (USD Million)
32. Germany honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
33. Germany honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
34. U.K. honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
35. U.K. honey market volume, by application, 2015 - 2025 (Kilo Tons) 
36. U.K. honey market revenue, by application, 2015 - 2025 (USD Million)
37. U.K. honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
38. U.K. honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
39. France honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
40. France honey market volume, by application, 2015 - 2025 (Kilo Tons) 
41. France honey market revenue, by application, 2015 - 2025 (USD Million)
42. France honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
43. France honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
44. Asia Pacific honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
45. Asia Pacific honey market volume, by application, 2015 - 2025 (Kilo Tons) 
46. Asia Pacific honey market revenue, by application, 2015 - 2025 (USD Million)
47. Asia Pacific honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
48. Asia Pacific honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
49. China honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
50. China honey market volume, by application, 2015 - 2025 (Kilo Tons) 
51. China honey market revenue, by application, 2015 - 2025 (USD Million)
52. China honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
53. China honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
54. India honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
55. India honey market volume, by application, 2015 - 2025 (Kilo Tons) 
56. India honey market revenue, by application, 2015 - 2025 (USD Million)
57. India honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
58. India honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
59. Central & South America honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
60. Central & South America honey market volume, by application, 2015 - 2025 (Kilo Tons) 
61. Central & South America honey market revenue, by application, 2015 - 2025 (USD Million)
62. Central & South America honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
63. Central & South America honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
64. Middle East & Africa honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
65. Middle East & Africa honey market volume, by application, 2015 - 2025 (Kilo Tons) 
66. Middle East & Africa honey market revenue, by application, 2015 - 2025 (USD Million)
67. Middle East & Africa honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
68. Middle East & Africa honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
69. Saudi Arabia honey market estimates and forecast, 2015 - 2025 (Kilo Tons) (USD Million)
70. Saudi Arabia honey market volume, by application, 2015 - 2025 (Kilo Tons) 
71. Saudi Arabia honey market revenue, by application, 2015 - 2025 (USD Million)
72. Saudi Arabia honey market volume, by distribution channel, 2015 - 2025 (Kilo Tons) 
73. Saudi Arabia honey market revenue, by distribution channel, 2015 - 2025 (USD Million)
74. Vendor landscape

List of Figures

1. Honey market snapshot 
2. Honey market segmentation & scope
3. Honey market penetration & growth prospect mapping
4. Honey value chain analysis
5. Honey market dynamics
6. Honey market Porter's analysis 
7. Honey market: Application movement analysis
8. Honey market: Distribution Channel movement analysis 
9. Honey market: Regional movement analysis