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.
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
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.
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.
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.
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.