Global Natural Honey Market is expected to foresee significant growth. Asia Pacific leads the growth!

• Vikas Kumar
• January 12, 2023
• AGRICULTURE, NEWS
• Natural Honey Market, Natural Honey Market Analysis, Natural Honey Market Growth, Natural Honey Market Share, Natural Honey Market Size, Natural Honey Market Trend
• 0 Comments

Global natural honey market is expected to register a CAGR of around 7.3% over the period of 2022-2028F. Natural honey is a sweet-flavored liquid food produced by various pieces of wild bees. It is highly used in many applications apart from food and beverages, such as cosmetics and pharmaceuticals. The product has arisen as a prominent ingredient in cough syrups & lozenges due to its antibacterial properties. It has significant role in treatment of several disease and health conditions including indigestion, sore throat, insomnia, and others are major factors driving the global market growth. For instance, In January 2022, Sweet Harvest Foods Inc., one of the leading manufacturers of honey and other natural sweeteners, acquired McKinney-based Nature Nate’s Honey Co. Nature Nate’s offers 100% pure, raw & unfiltered honey to consumers through retail shops across the nation. Furthermore, the rise in surge in apiculture, advancement in food processing & technology, nutraceutical value of natural honey is expected to drive the market for natural honey in the coming years.

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Based on the type, the natural honey market is segmented into monofloral honey and polyfloral honey. Buckwheat, a monofloral variety, is widely popular in Russia, China, and several European economies. The Buckwheat segment holds the maximum natural honey market share as buckwheat honey improves recovery after surgical procedures with high blood loss. The demand for this monofloral product type is rising due to its high nutritional value.

Based on the application, the market is fragmented into food & beverage, personal care & cosmetic, nutraceutical, and others. The food and beverages are the fastest growing segment owing to increasing interest in healthier alternatives to sugar. The interest for the product in the pharmaceutical industry for the formulation of cough syrups and fluid dietary supplement products, is increasing because of its anti-inflammatory, antibacterial, and other wellbeing properties.

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For a better understanding of the market adoption of the natural honey market, the market is analyzed based on its worldwide presence in the countries such as North America (The U.S., Canada, and Rest of North America), Europe (Germany, The U.K. France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and Rest of World. Asia-Pacific would exhibit the highest CAGR during forecast period, owing to the increasing industrialization and increasing interests of manufacturers in Asia-Pacific to tap the potential opportunities. Due to its antiviral, and antibacterial properties, this product is receiving a wider acceptance across regions.

Some of the major players operating in the market include Beeyond The Hive, Barkman Honey LLC, Comvita Ltd., Capilano Honey Ltd., New Zealand Honey Co., Billy Bee Honey Products, Little Bee Impex, Ambrosia Natural Products Pvt. Ltd., Hilltop Honey Ltd., Bee Natural Honey

Global Natural Honey Market Segmentation

Market Insight, by Type

• Monofloral Honey
• Polyfloral Honey

Market Insight, by Application

• Food & Beverage
• Personal Care & Cosmetic
• Nutraceutical
• Others

Market Insight, by Region

• North America
  • The U.S.
  • Canada
  • Rest of North America
• Europe
  • Germany
  • The U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Rest of World

Top Company Profiles

• Beeyond The Hive
• Barkman Honey LLC
• Comvita Ltd.
• Capilano Honey Ltd.
• New Zealand Honey Co.
• Billy Bee Honey Products
• Little Bee Impex
• Ambrosia Natural Products Pvt. Ltd.
• Hilltop Honey Ltd.
• Bee Natural Honey