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Honey Market (Flavor - Multiflora, Jamun, Tulsi, and Other Flavors; End Use - Food and Beverage, Pharmaceuticals, and Personal Care and Cosmetics; Distribution Channel - B2b, and B2c; City - Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Pune, Ahmedabad, Surat, Visakhapatnam, and Rest Of India): Global Industry Analysis, Trends, Size, Share and Forecasts to 2020

  • Published : October, 2020

  • Rep Id : FB0009

  • Category : Food & Beverages

  • Status : Published

A recent report published by Infinium Global Research on the honey market provides an in-depth analysis of segments and sub-segments in the global as well as the regional honey market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional honey market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global honey market. According to the report, the global honey market is projected to grow at a healthy CAGR over the forecast period of 2020-2026.

 

Market Insight

The India honey market was sized near USD 237.8 million in 2019 in terms of value. Honey is a sweet liquid made by bees using the nectar from flowers. Honey is available in two different forms including raw and pasteurized. Raw honey is removed from the hive and bottled directly, without any further process. Raw honey contains trace amounts of impurities such as yeast, wax, and pollen. Consuming local raw honey is believed to help with seasonal allergies, due to repeated exposure to the pollen in the area. Processed honey also called as pasteurized honey has been heated and processed to remove impurities. Moreover, honey has high levels of monosaccharides, fructose, and glucose, and it contains about 70 to 80 percent sugar, which provides its sweetness. Honey also has antiseptic and antibacterial properties. Modern medical science has managed to find uses for honey in chronic wound management and combating infection. Honey is used to treat a wide range of illnesses, ailments, and injuries. Furthermore, honey is historically used in several food and beverages due to its distinct sweet taste and its medicinal benefits. In addition, honey is believed to be beneficial for the skin, particularly for conditions such as acne or autoimmune skin conditions such as eczema or psoriasis. Many studies suggest that honey help with improving the skin’s appearance by stopping wrinkles from forming, keep the skin looking young, and prevent infections on the skin that can accelerate aging. Honey has found its application in several products due to its distinct properties and numerous health benefits. This is expected to boost the popularity of honey among consumers.

 

This report estimates the market size of the honey market in terms of value (USD million) over the period of 2018 to 2026. The year 2019 is considered to be a base year, and 2020 to 2026 is considered to be a forecast period. Moreover, the market sizes for the honey market in a variety of flavors, end use, and distribution channel is estimated in terms of value. This market research study provides a detailed qualitative and quantitative analysis of the India honey market. Additionally, the report provides a comprehensive review of the major market drivers, restraints, opportunities in the India markets of the honey market. The report on the India honey market covers segments such as flavor, end use, and distribution channel. On the basis of flavor, the honey market is categorized into multiflora, jamun, tulsi, and others. On the basis of end use, the honey market is categorized into food and beverage, pharmaceuticals, and personal care and cosmetics. On the basis of the distribution channel, the honey market is categorized into B2B, and B2C.

 

Furthermore, this report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of the honey market. Moreover, the study highlights current market trends and provides forecast from 2020 to 2026. We also have highlighted future trends in the India honey market that will impact the demand during the forecast period. The IGR- Growth Matrix analysis provided in this report highlights key investing markets in the world. This report will help manufacturers, suppliers , and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

 

Segment Covered

The report on global honey market covers segments such as flavor, end use, distribution channel, and city. On the basis of flavor, the sub-markets include multiflora, jamun, tulsi, and other flavors. On the basis of end use, the sub-markets include food and beverage, pharmaceuticals, and personal care and cosmetics. On the basis of the distribution channel, the sub-markets include b2b, and b2c. On the basis of city, the sub-markets include Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Pune, Ahmedabad, Surat, Visakhapatnam, and the rest of India.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Dabur India Ltd, Himalaya Drug Company, Patanjali Ayurved Limited, and Baidyanath Private Limited.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the honey market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. 


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