Global Organic Honey Market to witness a surge in its valuation with a CAGR by 2027

Published | 01 October 2020

According to BlueWeave Consulting, Global Organic Honey Market is estimated to be USD by 2027 from USD in 2017, at a CAGR of from 2021 to 2027. Organic honey is made from a bee farm that trails organic livestock standards. An organic honey producer uses no unusual pesticides, bioengineered genes, or other synthetic products to produce or store the honey. Shifting consumer likings towards a healthy, nutritious, and natural substitute for sugar and an artificial sweetener is predicted to be a significant driver. Furthermore, the product is predictable to gain traction as it delivers excellent antioxidant, anti-inflammatory, antibacterial, and antimicrobial properties. The global organic honey market will continue to be affected by the rise in geriatric people, which significantly demands nutritional benefits. Besides, applying principles to produce organic honey will further spur its demand by eco- and health-conscious consumers.

 

Growing demand for honey has catalyzed the manufacture of nectar on business grounds. Horticulture is raking in more significant capital to expand commercial farming of beehives and honey production through naturally obtained nectar. The inclusion of honey bottles in top customers' retail goods such as sauces, mustards, and other seasoning flavors has surged business chances for honey products makers. The global honey market continues to gain traction due to modern honey use in food & beverages and the health industry, expecting an ascending development in the future. Advancements in food-making technology will further increase the use of honey, prompting a noteworthy rise in business chances for honey product manufacturers.

 

“Offline channel has a major share in the sales channel Segment”

 

The organic honey market is divided into wholesaler/distributor, modern trade, convenience stores, online sales, and others because of the sales channel. The primary organic honey market growth came from the offline distribution channel segment. Convenience stores and wholesalers/distributors are the two major offline channels for organic products' sales, which helps consumers select from a wide variety of organic honey flavors. The easy availability, prolonged hours of operations, and accessibility to various outlets having a broad merchandise mix will increase organic honey requests.

 

Growth Drivers

 

Rising Import of Natural Honey will surge the Key Market Trend

There is wide use of organic honey as an active constituent in cosmetics and food and beverages, personal care products, and pharmaceuticals industries. There is also a rise in the number of product unveilings in different flavors, types, and packs. Such reasons, coupled with the rising consumer awareness about the various health benefits of using organic honey, will increase honey imports. The US, Germany, France, Japan, the UK, Italy, and Belgium are critical honey importing countries. The rising implications of natural honey are essential organic honey market drifts that will affect the market landscape.

 

 

 

Increase in the demand for Organic products

Since the world is going crazy over biological food, anything organic is receiving extraordinary attention throughout the globe. In a world where people are highly worried about their health and lifestyle, the demand for organic items such as organic honey is strong across all regions. An increase in the number of bee yards that are making organic honey and rising interest among remaining beekeepers is likely to strengthen the market's growth in the coming years.

 

Restraint

 

There is always a doubt about organic honey's organic level since the organic honey may be sterilized or heated to temperatures hot enough to kill the bacteria. When done following USDA principles, this process has no outcome on the natural state of the product. Apart from this, a weak standardization level with organic honey, the existence of alternatives, and high cost are numerous other factors that may hinder the development of the organic honey market in the coming years.

 

“Asia-Pacific is predictable to see the maximum growth rate the Global Organic Honey Market”

 

Europe was the primary market for organic honey in 2019, and the region will offer several growth chances to market vendors during the prediction period. There is a rising preference among consumers for healthy and convenient packaged food, including organic honey. This will raise the sales of the product through both offline and online distribution channels.

 

Asia-Pacific controls the organic honey market in the forecast period of 2021 to 2027 due to the growing demand for organic products and increasing organic honey consumption in the region.

 

Global Organic Honey Market: Competitive Landscape

 

Some of the leading players operating in the Global Organic Honey Market are Dabur India Ltd., Capilano Honey Ltd., Comvita Ltd., Barkman Honey Llc, Bee Maid Honey Ltd., Rowse Honey, Lamex Food Group Ltd., Billy Bee Honey Products, Dutch Gold, Nature Nate’s, Langnese, Little Bee Impex, GloryBee, Heavenly Organics, Manuka Health, Sue Bee and Beeyond The Hive and other prominent players.

 

Do not miss the business opportunity of the Global Organic Honey Market. Consult our analysts, gain crucial insights, and facilitate your business growth.

 

The in-depth analysis of the report provides the growth potential, upcoming trends, and statistics of the Global Organic Honey Market size & forecast. The report promises to provide state-of-the-art technology of the Global Organic Honey Market and industry insights, which help decision-makers to make sound strategic decisions. Furthermore, the report also analyzes the market drivers, challenges, and competitive analysis of the market.

 

 

About Us

 

BlueWeave Consulting is a one-stop solution for market intelligence regarding various products and services online & offline. We offer comprehensive market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. BWC has built its reputation from the scratches by delivering quality performance and nourishing long-lasting relationships with its clients. We are one of the promising digital market intelligence generation company providing unique solutions for blooming your business and making the morning, more rising & shining.