Honey Market Size to Worth USD 12.69 Billion by 2029 | At a CAGR of 5.83%
Companies covered in honey market are Bee Maid Honey Limited (Canada), , Comvita Limited (New Zealand), , Capilano Honey Ltd. (Australia), , Dabur India Ltd. (India), , Billy Bee Honey Products (Canada), , New Zealand Honey Co. (New Zealand), , Barkman Honey LLC (U.S.), , Yamada Bee Company (Japan), , Dutch Gold Honey Inc. (U.S.), , Golden Acres Honey (Canada) & other.
Source: Fortune Business Insights
Pune, India, 2023 (GLOBE NEWSWIRE) — The global honey market size was valued at USD 8.17 billion in 2021. The market is expected to grow from USD 8.53 billion in 2022 to USD 12.69 billion by 2029, exhibiting a CAGR of 5.83% during the forecast period. Rising demand for organic and healthy alternatives to sugar to propel market growth. Fortune Business Insights™ provides this information in its report titled “Honey Market, 2022-2029.”
The honey market has seen significant growth in recent years, with consumers becoming increasingly interested in natural and healthy sweeteners. Honey is a versatile ingredient that can be used in a variety of foods and beverages, as well as in natural remedies and skincare products. As a result, there has been an increase in the production of honey by both small-scale and commercial beekeepers. However, this growth has also led to concerns over the quality and authenticity of some honey products on the market.
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