Honey Market

Sales Of Honey Is Registering A Positive CAGR Of 5.1% Over The Forecast Period 2021-2031

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Key Takeaways

– Global honey market expected to surge 1.6x by 2031 compared to 2021 – By sales channel, food & beverage to emerge dominant, capturing 70% of global demand – Sales of organic honey to surge, yielding US$ 150 Mn by 2022-end – U.S to be a lucrative market, expanding at a CAGR of 6% through 2031

Key Players

– valeo food – business hours food group – Hein Daniel Group – Miller Honey Farms Inc. – Beechworth Honey Pty Ltd. – Paynes Bee Farm Co., Ltd. – Healthy Sweeteners Inc.

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“Increasing consumption due to its medicinal properties and various flavours of honey are increasing the demand for honey and honey based products, providing immense expansion opportunities for key manufacturers,” opines a Fact.MR analyst.

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Explore Fact.MR’s Domain Coverage On Food & Beverage

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