USD 4.09 Billion Growth in Honey Market | Segmentation by Distribution Channel and Geography | Key Drivers and Market Forecasts | Technavio
NEW YORK, Oct. 26, 2021 /PRNewswire/ -- The Honey Market is expected to grow by USD 4.09 billion from 2021 to 2025. Technavio's latest market research report estimates that the honey market will be progressing at a CAGR of 8.48%. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Barkman Honey LLC, Bee Maid Honey Ltd., Beeyond The Hive LLC, Capilano Honey Ltd., Comvita Ltd., Dabur India Ltd., Dutch Gold Honey, New Zealand Honey Co., Oha Honey LP, and Patanjali Ayurved are some of the major market participants.
The health benefits associated with honey will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
Honey Market 2021-2025: Segmentation
Distribution Channel
Geography
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Honey Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio's report provides a detailed analysis of vendors operating in the market.
The report also covers the following areas:
Market trends such as increasing demand for monofloral honey is likely to positively impact the market. However, factors such as fluctuation in prices may threaten the growth of the market.
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Honey Market 2021-2025: Key Highlights
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist honey market growth during the next five years
Estimation of the honey market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the honey market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of honey market vendors
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Honey Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 8.48% |
Market growth 2021-2025 | USD 4.09 billion |
Market structure | Fragmented |
YoY growth (%) | 7.80 |
Regional analysis | APAC, Europe, North America, South America, and MEA |
Performing market contribution | APAC at 49% |
Key consumer countries | China, US, Germany, France, and Argentina |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Barkman Honey LLC, Bee Maid Honey Ltd., Beeyond The Hive LLC, Capilano Honey Ltd., Comvita Ltd., Dabur India Ltd., Dutch Gold Honey, New Zealand Honey Co., Oha Honey LP, and Patanjali Ayurved |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Download FREE sample report now to uncover vendor analysis and offerings of honey market
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