Uploaded on Apr 23, 2025
In 2024, the global honey market was valued at about USD 9.77 billion and is projected to grow at a 4.62% CAGR to reach USD 15.35 billion by 2034. This steady expansion is driven by honey’s appeal as a nutrient-rich, antioxidant-packed natural sweetener, increasingly favored over artificial alternatives in health-focused diets.
Honey Market Size, Share, Industry Analysis and Forecast 2034
Global Honey Market Analysis, Growth & Industry Trends Report -
Forecast Trends (2025-2034)
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Global Honey Market Outlook 2025-2034
The global honey market was valued at USD 9.77 billion in 2024 and is projected to reach
USD 15.35 billion by 2034, driven by rising health awareness and demand for natural,
nutritious sweeteners.
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Global Honey Market Growth
The global honey market has shown consistent growth due to rising health consciousness among consumers. With people
seeking natural and healthier food alternatives, honey has become a preferred sweetener. Its nutritional value and immunity-
boosting benefits are increasing its use in both households and health-focused food products.
05 This is a sample text.
Post-pandemic trends have further accelerated honey consumption, as people turned to natural remedies to support their
immune systems. The antibacterial and antiviral properties of honey made it a common household item, especially during
health crises. This behavioural shift continues to impact purchasing patterns worldwide.
With growing demand from the food, beverage, and personal care sectors, the market is expected to expand steadily.
Producers are also focusing on organic and premium honey variants to cater to evolving preferences. These factors
collectively support the projected market growth through 2034.
01 Trade Data Analysis
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Global Honey Market Trends
Consumers are increasingly choosing organic and raw honey due to its perceived health benefits. Clean-label and
chemical-free products are gaining popularity, especially among health-conscious individuals. This trend is encouraging
producers to focus more on na0tur5al extraction methods and transparent labelling to meet growing consumer expectations.This is a sample text.
There is a rising trend of honey being used in skincare and cosmetic products. Its antioxidant, anti-inflammatory, and
moisturising properties have made it a key ingredient in personal care formulations. Brands are exploring new honey-
infused product lines, boosting demand beyond food and beverages.
E-commerce platforms are playing a major role in expanding honey’s reach globally. Online sales have surged due to
ease of access and growing digital adoption. Producers are leveraging digital marketing and attractive packaging to target
urban and tech-savvy consumers, further fuelling market growth.
01 Trade Data Analysis
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Global Honey Market Segmentation
Breakup by Processing
• Organic
• Conventional
Bre0ak5up by Application This is a sample text.
• Food and Beverage
• Personal Care and Cosmetics Market Trade Data
Analysis
• Pharmaceuticals
• Others Demand Drivers
Breakup by Distribution Channel Additional Cost Analysis
• Supermarkets/ Hypermarkets Insights01 Trade Data Analysis
• Convenience Stores Competitive Landscape
• Online Retailers
• Others Capacity Additions, Plant
Turnarounds and Mergers
Breakup by Region
• North America
• Europe Trade Data Analysis
• Asia Pacific 01
• Latin America
• Middle East and Africa
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Leading Companies in the Global Honey Market
The report provides an in-depth analysis of the key players in the global Honey market, examining their capacities,
competitive positioning, and recent developments, including capacity expansions, plant turnarounds, and mergers and
acquisitions.
Capilano Honey Limited
It was founded in 1953 by beekeepers in Queensland, Australia. It started as a small, cooperative group and has grown
into one of the top honey companies in Australia. The company is primarily known for its honey, including varieties like
Manuka honey, organic honey, and a range of other floral varieties. They may also produce related products such as
honeycomb, propolis, and royal jelly. Capilano is known for its commitment to quality as it sources honey from thousands
of beekeeping families across Australia. This broad sourcing contributes to a diverse range of honey flavours and types.
New Zealand Honey Co.
New Zealand Honey Company is a New Zealand-based venture, which is known for the word famous Manuka honey. It
was established in 2006 and has been growing at a very fast pace.
Barkman Honey, LLC
It is a US-based honey company, which was founded in 1960 and is based in Kansas, United States. Its flagship brand is
Busy Bee.
Dabur India Ltd
It is essentially an India-based multinational FMCG company that had begun as an enterprise producing indigenous
medicines. It diversified itself in a wide range of FMCG products. Dabur Honey is one of its major offerings.
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Table of Contents
01 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
02 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
03 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
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Table of Contents
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
04 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
05 Global Honey Market Analysis
5.1 Key Industry Highlights
5.2 Global Honey Historical Market (2018-2024)
5.3 Global Honey Market Forecast (2025-2034)
5.4 Global Honey Market by Processing
5.4.1 Organic
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Conventional
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.5 Global Honey Market by Application
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Table of Contents
5.5.1 Food and Beverage
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Personal Care and Cosmetics
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Pharmaceuticals
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Others
5.6 Global Honey Market by Distribution Channel
5.6.1 Supermarkets/ Hypermarkets
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Convenience Stores
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Online Retailers
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
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Table of Contents
5.6.4 Others
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.7 Global Honey Market by Region
5.7.1 North America
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Europe
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Asia Pacific
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Latin America
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Middle East and Africa
5.7.5.1 Historical Trend (2018-2024)
5.7.5.2 Forecast Trend (2025-2034)
06 North America Market Analysis
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Table of Contents
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
07 Europe Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
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Table of Contents
7.5 Others
08 Asia Pacific Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
09 Latin America Market Analysis
9.1 Brazil
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Table of Contents
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
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Table of Contents
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyer’s Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code - 0409)
13.1 Major Exporting Countries
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Table of Contents
13.1.1 By Value
13.1.2 By Volume
13.2 Major Importing Countries
13.2.1 By Value
13.2.2 By Volume
14 Price Analysis
14.1 North America Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.2 Europe Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.3 Asia Pacific Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.4 Latin America Historical Price Trends (2018-2024) and Forecast (2025-2034)
14.5 Middle East and Africa Historical Price Trends (2018-2024) and Forecast (2025-2034)
15 Procurement Insights
15.1 Contract Terms
15.2 Cost Structure
15.2.1 Raw Material
15.2.2 Utility
15.2.3 Labour Cost
15.2.4 Fixed Cost
15.3 Pricing Model
15.4 Vendor Selection Criteria
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Table of Contents
15.5 Supplier and Buyer Power at Regional Level
15.5.1 Demand
15.5.2 Supply
15.5.3 Raw Material/Feedstock Availability
15.5.4 Supplier Power
15.5.5 Buyer Power
15.6 Procurement Strategy: Best Practices
16 Competitive Landscape
16.1 Supplier Selection
16.2 Key Global Players
16.3 Key Regional Players
16.4 Key Player Strategies
16.5 Company Profiles
16.5.1 Barkman Honey, LLC
16.5.1.1 Company Overview
16.5.1.2 Product Portfolio
16.5.1.3 Demographic Reach and Achievements
16.5.1.4 Certifications
16.5.2 Dabur India Ltd
16.5.2.1 Company Overview
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Table of Contents
16.5.2.2 Product Portfolio
16.5.2.3 Demographic Reach and Achievements
16.5.2.4 Certifications
16.5.3 Capilano Honey Limited
16.5.3.1 Company Overview
16.5.3.2 Product Portfolio
16.5.3.3 Demographic Reach and Achievements
16.5.3.4 Certifications
16.5.4 African Bronze Honey Company
16.5.4.1 Company Overview
16.5.4.2 Product Portfolio
16.5.4.3 Demographic Reach and Achievements
16.5.4.4 Certifications
16.5.5 New Zealand Honey Co.
16.5.5.1 Company Overview
16.5.5.2 Product Portfolio
16.5.5.3 Demographic Reach and Achievements
16.5.5.4 Certifications
16.5.6 Pastili Limited
16.5.6.1 Company Overview
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Table of Contents
16.5.6.2 Product Portfolio
16.5.6.3 Demographic Reach and Achievements
16.5.6.4 Certifications
16.5.7 Comvita Ltd.
16.5.7.1 Company Overview
16.5.7.2 Product Portfolio
16.5.7.3 Demographic Reach and Achievements
16.5.7.4 Certifications
16.5.8 North Dallas Honey Company d/b/a Nature Nate
16.5.8.1 Company Overview
16.5.8.2 Product Portfolio
16.5.8.3 Demographic Reach and Achievements
16.5.8.4 Certifications
16.5.9 Streamland Honey Group Ltd.
16.5.9.1 Company Overview
16.5.9.2 Product Portfolio
16.5.9.3 Demographic Reach and Achievements
16.5.9.4 Certifications
16.5.10 Dutch Gold Honey, Inc.
16.5.10.1 Company Overview
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Table of Contents
16.5.10.2 Product Portfolio
16.5.10.3 Demographic Reach and Achievements
16.5.10.4 Certifications
16.5.11 Beeyond the Hive
16.5.11.1 Company Overview
16.5.11.2 Product Portfolio
16.5.11.3 Demographic Reach and Achievements
16.5.11.4 Certifications
16.5.12 Oha Honey LP
16.5.12.1 Company Overview
16.5.12.2 Product Portfolio
16.5.12.3 Demographic Reach and Achievements
16.5.12.4 Certifications
16.5.13 Billy Bee Honey Products
16.5.13.1 Company Overview
16.5.13.2 Product Portfolio
16.5.13.3 Demographic Reach and Achievements
16.5.13.4 Certifications
16.5.14 Little Bee Impex
16.5.14.1 Company Overview
16.5.14.2 Product Portfolio
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Table of Contents
16.5.14.3 Demographic Reach and Achievements
16.5.14.4 Certifications
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