Global Honey Market Research Report 2021

Honey is a sweet food produced by bees foraging nectar from flowers. Honey bees convert nectar to honey through regurgitation and evaporation. The bees store the honey as a primary food source in wax honeycombs inside beehives. The beekeepers extract the honey by removing the honey comb and then by crushing it or using a honey extractor. Honey bees form an important part of the food chain as they aid in pollination, which is required to support the food chain.
The increasing number of innovations in the process of honey harvesting will drive the growth prospects for the global honey food market until the end of 2023. The market is witnessing a high degree of innovations in the process of honey harvesting devised by the research and development divisions to improve and increase the quantity and quality of the final product harvested. Moreover, the increasing number of software to monitor the strength and health of hives using passive infrared sensors and allowing beekeepers to track, optimize hive productivity, hive health remotely, and security will propel the global honey food market’s growth in the coming years.

The global Honey market was valued at US$ 8673.2 million in 2019 and is expected to reach US$ 11870 million by the end of 2026, growing at a CAGR of 4.5% during 2021-2026.
This report focuses on Honey volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Honey market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.

Global Honey Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Table Honey
Cooking Ingredient Honey

Segment by Application
Hypermarkets and Supermarkets
Convenience Stores
Specialty Stores
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Barkman Honey
Bee Maid Honey
Beeyond the Hive
Capilano Honey
Comvita
Dabur
Dalian Sangdi Honeybee
Billy Bee Honey Products
Lamex Foods
Hi-Tech Natural Products