The global honey market size was accounted for USD 8.4 billion, in 2018. The report focuses on well-known providers in the global Honey Food industry, market segments, competition, and the macro environment. For example, in 2018, Altiparmak, the Turkish honey company has collected funding from European banks to improve their value chain. Operating business segments7.5.2. Our final Result is thus: The Attempt is recommended sure. Market size and forecast, 4.6.1. Latest Report by Expert Market Research, India honey market is expected to grow at a CAGR of about 10% between 2020 and 2025 to reach a value of nearly INR 30.6 billion by 2025. It is widely used owing to its antimicrobial properties, promoting debridement, and it speeds up the healing process by stimulating wound tissues. U.S., Canada, Germany, U.K., France, China, India, and Saudi Arabia. Key market trends5.2.2. Key strategic moves and developments, 7.3.1. Moreover, it is also taken with breakfast cereals, confectionery, honey bars, and energy drinks. All Rights Reserved. Increase in use of honey as healthy alternative for artificial sweetener, energy source, immunity system builder, and as a weight loss source is the major driver of the global honey market. This is expected to fuel the market growth over the next few years. Operating business segments7.3.2. Moreover, the 7-Eleven has partnered with Future Group to open new stores in the Indian market in the year 2019.This partnership is expected to promote the sales of honey products and expand their reach across the country. Honey Market (Analyzing Impacts Of COVID-19) Research Report 2020 Insights and Analysis, Forecast to 2026. Post author By Nihil; Post date 21st September 2020; Overview for “Honey Market” Helps in providing scope and definitions, Key Findings, Growth Drivers, and Various Dynamics. The report assists to understand the strategies adopted by the companies for market expansion. Business performance7.5.3. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. The importance of Honey analysis relies on an established global expert, who understands the unique requirements of honey and bee products. Operating business segments7.4.2. For example, World Health Organization recommends honey as effective remedy for treating chronic coughs in children and adults. Find the latest market intelligence report on Honey Industry. By country, 6.5.4.1. Our Executive will get back to you Shortly. Market size and forecast, by application, 6.4.8.1. Growth factors and opportunities4.5.3. Regional and Country Analysis of Global Honey Market Development and Demand Forecast to 2023 Market. As per the MRFR analysis, the global honey market is expected to reach 2,768.7 kt by end of the year 2023 at a CAGR of 7.22% during the forecast period. Market is heavily fragmented due to the mix of leading international and local players including Beeyond the Hive; Oha Honey LP; Barkman Honey LLC. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. On the basis of type, the market is divided into date honey, flower honey, linden honey, acacia honey, and others. Market size and forecast, by application, 6.3.8.1. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Honey Market Trends, Analysis 2019-2025 | Industry Growth Report, HVAC (Heating, Ventilation, & Air Conditioning), Transparent pre & post sale customer engagement model, Unparalleled flexibility in terms of rendering services. Clients can easily download both quantitative as well as qualitative reports in PDF and excel formats. Key market trends5.3.2. The study provides historical data from 2015 to 2019 along with a forecast from 2020-2025 based on revenue (USD Million). The Asian countries such as India, Bangladesh, and Thailand are expected to create huge opportunity for the market. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India. REPORT DESCRIPTION1.2. Growth factors and opportunities5.4.3. *Taxes/Fees, if applicable will be added during checkout. Glucose crystallizes out of honey on standing at room temperature, leaving on uncrystallized layer of dissolved fructose. This report forecasts revenue growth at global, regional, and country levels and provides an analysis on the latest industry trends and opportunities in each of the sub-segments from 2015 to 2025. Business performance7.6.3. Business performance7.10.3. Amid the COVID-19 crisis, the global market for Honey estimated at US$8.6 Billion in the year 2020, is projected to reach a revised size of US$11.2 Billion by 2027, growing at a CAGR of 3.9% over the analysis period 2020-2027. However, excessive consumption of honey has several potential adverse effects that reduce its consumption, which in turn hinders the market growth. Get insights on topics that are crucial for your business. Business performance7.1.3. Market size and forecast, 6.5.3.1. Honey export from India is increased by 19.0% in 2018-19 with 61,333.8 tons. Bee honey is composed of fructose, glucose and water, in varying proportions. Antimicrobial properties, promoting debridement, and European countries this will help to analyze the available honey purity... Outlets, supermarkets, and LAMEA competitors within the market scenario across various regions countries as... Player for the subsistence during winter by players for the period 2015-2020 at a CAGR of around 71.4 in! 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