India Honey Market

10 2020

India Honey Market: Prospects, Trends Analysis, Market Size and Forecasts up to 2026

  • Published : October, 2020

  • Rep Id : IN00611

  • No. of Pages : 100

  • Country : India

  • Status : Published


The country research report on India honey market is a customer intelligence and competitive study of the Indian market. Moreover, the report provides deep insights into demand forecasts, market trends, and, micro and macro indicators in the Indian market. Also, factors that are driving and restraining the honey market are highlighted in the study. This is an in-depth business intelligence report based on qualitative and quantitative parameters of the market. Additionally, this report provides readers with market insights and detailed analysis of market segments to possible micro levels. Moreover, the report also provides details on the honey business models in the report. The report also provides the profiles of the top five players operating in the Indian market delivers insights into the recent developments by leading players that have contributed to the growth of the market, and also estimates the impact of recent developments in the market.


Report Description:

The India Honey market is expected to grow at a CAGR of 11.00% between 2020 and 2026 in terms of value. Honey production in India has seen a 200 percent increase in the last 12 years with sustained efforts and dedicated programs like Honey Mission in the last few years. In India, beekeeping is being accomplished traditionally since time immemorial. It also supplements income from agriculture, generates employment, and also helps in improving the nutritional intake of the rural population. It provides employment to about 0.3 million rural people. Honeybees are vital in sustaining plant biodiversity and also improve yields of crops by cross-pollination. The number of beekeepers, beekeeping companies, and honey societies has also augmented, and as of January 2019, India had 9,091 registered people in the apiary business. India exports 50 percent of the commodity and, in the last 12 years, exports have increased by 207 percent with international demand for honey growing. The National Commission on Agriculture had pictured the requirement for deploying about 150 million Bee colonies for pollinating 12 major agricultural crops in the country. Presently, 200 million Bee colonies are required for enhancing their yield which will provide employment to 21.5 million persons and produce 10 million tons of honey, and an increase in crop production.

 

Honey is used as a preservative, coloring agent, and flavoring agent apart from being used as a sweetener in food and beverages. The rise in the trend of natural and organic products in the food & beverage and personal care industry in India is majorly driving the market. The demand for natural and organic products is on the rise in India owing to the growing awareness among the consumers regarding the side effects of synthetic chemicals on human health. The growing trend of natural products in the personal care segment is mainly attributed to the rise in the concern among consumers regarding harmful chemicals in the products. Furthermore, increasing the adoption of honey in pharmaceuticals owing to its health benefits is further boosting the growth of the India honey market. 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. However, the negative effect of overconsumption of honey on human health is anticipated to hamper the market. Honey is an added sugar which contributes excess calories to an individual's diet but not much in the way of nutrients and minerals. Moreover, the government initiative to promote beekeeping and consumption of honey is expected to offer growth opportunities for the market during the forecast period.

 

Among the cities, Mumbai consumes the largest volume of honey than other cities as it is the largest city in India and is one of the most urbanized and populated cities in India. The rising urbanization leading to changing lifestyles and the affluence of the working population with an increase in disposable income has played an important role in increasing the consumption of honey in the city. Delhi is the second-largest market for honey as it is one of the fastest-growing cities in the country. Further, due to the presence of an educated and conscious population base, the consumption of honey in Delhi is soaring. Kolkata also holds a significant market share of the India honey market. Kolkata has the highest per capita purchasing power among all metros due to smaller populations and low poverty compared with other metros.


Segments Covered

The report on India honey market provides a detailed analysis of segments in the market based on flavor, end use, distribution channel, and city.

 

Segmentation Based on Flavor

·         Multiflora

·         Jamun

·         Tulsi

·         Others

 

Segmentation Based on End Use

·         Food and Beverage

·         Pharmaceuticals

·         Personal Care and Cosmetics

 

 

Segmentation Based on Distribution Channel

·         B2B

·         B2C

·         Convenience Store

·         Supermarket/hypermarket

·         Online

 

 Segmentation Based on City

·             Mumbai

·             Delhi

·             Kolkata

·             Chennai

·             Bengaluru

·             Hyderabad

·             Pune

·             Ahmedabad

·             Surat

·             Visakhapatnam

·             Rest of India

 

Highlights of the Report

The report provides detailed insights into:

 1) Demand and supply conditions of the honey market

 2) Factor affecting the honey market in the short run and the long run

 3) The dynamics including drivers, restraints, opportunities, political, socioeconomic factors, and technological factors

 4) Key trends and future prospects

 5) Leading companies operating in the honey market and their competitive position in India

 6) The dealers/distributors profiles provide basic information of top 10 dealers & distributors operating in (India) honey market

 7) IGR Matrix: to position the product types

 8) Market estimates up to 2030

 The report answers questions such as:

 1) What is the market size of the honey market in India?

 2) What are the factors that affect the growth in the honey market over the forecast period?

 3) What is the competitive position in India honey market?

 4) What are the opportunities in India honey market?

 5) What are the modes of entering India honey market?


24 hour delivery through email
9923950043 Monday to Frieday 9am-7pm
looking for discount