Market Overview:
The global dry honey product market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for honey products across different applications, such as food and beverage industry, personal care and cosmetic industry, and others. In terms of type, powder segment is expected to witness highest growth rate during the forecast period owing to its properties such as easy handling and storage. North America dominates the global dry honey product market followed by Europe due to high demand for honey products from food & beverage industry in these regions.
Product Definition:
Dry honey product is a honey that has been dried out of its water content. It is used as a sweetener and can be added to foods or drinks.
Powder:
Powder is a dry, granular form of honey. It can be used as an alternative to liquid honey for various food products such as baked goods, confectionery & chocolate and beverages like tea and coffee. Powder honey has several advantages over liquid honey; it has a longer shelf life (6-12 months), it's less expensive than the liquid variant and offers better storage stability in comparison with other forms of Honey (crystalline or fluid).
Lozenges:
Lozenges are small pieces of hard candy that are used to sweeten the breath. They can be made with sugar or artificial sweeteners like saccharin and aspartame. The most popular form of lozenges is composed of candies coated in wax, which makes them easier to consume and handle.
Application Insights:
Food & beverage industry was the largest application segment in 2017 and is expected to witness a CAGR of XX% over the forecast period. Dry honey product, when added in food production process, helps maintain moisture content and extends shelf life by preventing bacterial growth inside the product. It also improves taste and nutritional value of food products thereby augmenting demand from this sector.
The personal care & cosmetic industry is projected to witness significant growth over the forecast period on account of increasing utilization of dry honey products for treating skin conditions such as acne, eczema, aging marks etc., owing to its anti-inflammatory properties that help reduce redness caused due to irritation on skin surface.
Regional Analysis:
North America dominated the global market in 2017, accounting for a share of more than 35.0% by revenue owing to the high consumption of dry honey as a sweetener in various food and beverages, such as baked goods, cereals and snacks. Moreover, increasing demand for natural ingredients that are healthier than conventional counterparts is expected to drive the product demand over the forecast period.
Europe accounted for a significant share in terms of volume due to its well-established personal care industry along with growing food & beverage industry. The region exports most of its products to countries including Brazil and UAE owing to their large consumer base butchers shops which mainly stock dry honey based products among other confectionery items thereby making it an ideal substitute for sugar or salt contenters on occasions like Christmas Eve or New Year’s Eve celebrations among others where quantity rather than quality is concerned.
Growth Factors:
- Increasing demand for natural and organic products: The global market for organic honey is projected to grow at a CAGR of more than 10% from 2016 to 2021. This growth can be attributed to the increasing demand for natural and organic products across the globe.
- Rising awareness about the health benefits of honey: There is a growing awareness among consumers about the health benefits of honey, which is driving its demand worldwide. Honey is known to have antibacterial, antifungal, and antioxidant properties, among others.
- Growing popularity of honey-based products: The popularity of honey-based products is another key factor driving the growth of the global dry honey product market. Honey-based products are being increasingly used in various food applications such as bakery items, confectionery items, etc., due to their unique flavor and taste profile.
- Rising disposable income levels in developing countries: A major factor fueling the growth of this market is rising disposable income levels in developing countries such as India and China, which has led to an increase in consumer spending on food items including dry honey productssuch as jams & jellies made with dry honeys).
Scope Of The Report
Report Attributes
Report Details
Report Title
Dry Honey Product Market Research Report
By Type
Powder, Lozenges, Candy, Granules, Others
By Application
Food & Beverages Industry, Personal Care & Cosmetic Industry, Others
By Companies
Augason Farms, Archer Daniels Midland, The Good Scents, Maple Leaf Garden Food, Natural Sourcing, Wuhu Deli Foods, Island Abbey Foods
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Dry Honey Product Market Report Segments:
The global Dry Honey Product market is segmented on the basis of:
Types
Powder, Lozenges, Candy, Granules, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food & Beverages Industry, Personal Care & Cosmetic Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Augason Farms
- Archer Daniels Midland
- The Good Scents
- Maple Leaf Garden Food
- Natural Sourcing
- Wuhu Deli Foods
- Island Abbey Foods
Highlights of The Dry Honey Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Lozenges
- Candy
- Granules
- Others
- By Application:
- Food & Beverages Industry
- Personal Care & Cosmetic Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dry Honey Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dry honey is a product that is made from the nectar of flowers that have been dried.
Some of the major companies in the dry honey product market are Augason Farms, Archer Daniels Midland, The Good Scents, Maple Leaf Garden Food, Natural Sourcing, Wuhu Deli Foods, Island Abbey Foods.
The dry honey product market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dry Honey Product Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dry Honey Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dry Honey Product Market - Supply Chain
4.5. Global Dry Honey Product Market Forecast
4.5.1. Dry Honey Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dry Honey Product Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dry Honey Product Market Absolute $ Opportunity
5. Global Dry Honey Product Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dry Honey Product Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Lozenges
5.3.3. Candy
5.3.4. Granules
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dry Honey Product Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dry Honey Product Market Size and Volume Forecast by Application
6.3.1. Food & Beverages Industry
6.3.2. Personal Care & Cosmetic Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dry Honey Product Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dry Honey Product Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dry Honey Product Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dry Honey Product Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dry Honey Product Demand Share Forecast, 2019-2026
9. North America Dry Honey Product Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dry Honey Product Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dry Honey Product Market Size and Volume Forecast by Application
9.4.1. Food & Beverages Industry
9.4.2. Personal Care & Cosmetic Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dry Honey Product Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Lozenges
9.7.3. Candy
9.7.4. Granules
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dry Honey Product Demand Share Forecast, 2019-2026
10. Latin America Dry Honey Product Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dry Honey Product Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dry Honey Product Market Size and Volume Forecast by Application
10.4.1. Food & Beverages Industry
10.4.2. Personal Care & Cosmetic Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dry Honey Product Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Lozenges
10.7.3. Candy
10.7.4. Granules
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dry Honey Product Demand Share Forecast, 2019-2026
11. Europe Dry Honey Product Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dry Honey Product Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dry Honey Product Market Size and Volume Forecast by Application
11.4.1. Food & Beverages Industry
11.4.2. Personal Care & Cosmetic Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dry Honey Product Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Lozenges
11.7.3. Candy
11.7.4. Granules
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-YGrowth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dry Honey Product Demand Share, 2019-2026
12. Asia Pacific Dry Honey Product Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dry Honey Product Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dry Honey Product Market Size and Volume Forecast by Application
12.4.1. Food & Beverages Industry
12.4.2. Personal Care & Cosmetic Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dry Honey Product Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Lozenges
12.7.3. Candy
12.7.4. Granules
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dry Honey Product Demand Share, 2019-2026
13. Middle East & Africa Dry Honey Product Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dry Honey Product Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dry Honey Product Market Size and Volume Forecast by Application
13.4.1. Food & Beverages Industry
13.4.2. Personal Care & Cosmetic Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dry Honey Product Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Lozenges
13.7.3. Candy
13.7.4. Granules
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dry Honey Product Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dry Honey Product Market: Market Share Analysis
14.2. Dry Honey Product Distributors and Customers
14.3. Dry Honey Product Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Augason Farms
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Archer Daniels Midland
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. The Good Scents
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Maple Leaf Garden Food
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Natural Sourcing
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wuhu Deli Foods
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Island Abbey Foods
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook