Global Honey Market Report: Market to Showcase High Growth of 4.5% CAGR during 2020- 2026
Posted On August 31, 2020
The market research report on Global Honey valued this market around USD 8000 million in 2019 and expects to witness CAGR of around 4.5% between 2020 and 2026. As per Value Market Research the demand for honey is growing majorly due to its increased consumption in the food as well as a non-food industry. It is gaining high consumer base due to its benefits as a natural, healthy sweetner with high nutritional value. Its medicinal properties is attracting traction from the cosmetics, personal care and pharmaceutical industry.
Honey is a rich and natural source of some key nutrients which include natural sugar, vitamins, minerals, and calcium. It is a popular and healthy substitute to sugar and artificial sweetners, among the health-conscious people. It is also used as an important ingredient in applications such as energy bars and drinks, bakery items like cake and cookies, cereals like cornflakes and oats.
The first chapter of the report "Global Honey Market Report By Type (Alfalfa Honey, Wildflower Honey, Buckwheat Honey, Acacia Honey, Clover Honey, Others), By Application (Food And Beverage, Personal Care Products, Pharmaceuticals, Others), And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" gives the market introduction with a crisp summary of the report and goes in detailed revenue analysis bifurcated as per segments and regions in the subsequent chapters.
The study digs deep to identify the market drivers, restraints, opportunities and threats in the near future. By type the market is divided into Alfalfa Honey, Wildflower Honey, Buckwheat Honey, Acacia Honey, Clover Honey, Others. By application the market is segregated as Food and Beverage, Personal Care Products, Pharmaceuticals, Others. The report identifies region which is expected to dominate the market over the next six years among all the regions studied in the report. North America, Europe, Latin America and Middle East & Africa are deeply researched in the report.
The Report Segments Global Honey Market -
- Alfalfa Honey
- Wildflower Honey
- Buckwheat Honey
- Acacia Honey
- Clover Honey
- Food and Beverage
- Personal Care Products
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Dabur India Ltd., Capilano Honey Ltd., Comvita Ltd., Barkman Honey, Bee Maid Honey Ltd.
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