Market Overview:
The global bulk honey 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 factors such as rising demand for honey from food processing and catering industries, increasing awareness about the benefits of honey, and growing demand for organic and natural products. However, fluctuations in prices of honey due to variations in production levels may restrain the growth of this market during the forecast period. On the basis of type, original honey accounted for a major share of the global bulk honey market in 2017. This segment is projected to grow at a CAGR of 5.4% during 2018-2030 owing to its numerous health benefits over other types such as flavored or processed honeys. Flavored honeys are expected to witness high growth rates owing their unique flavors and added nutritional value over original honeys; however, they will account for a smaller share of this market by 2030 end. On basis on application, food processing industry held majority shares followed by catering industry segments respectively In 2017 And Is Expected To Grow At A Cagr Of 6 % Over The Forecast Period .
Product Definition:
Bulk honey is a term used to denote a large quantity of honey. It is often sold in containers such as barrels, drums, or tanks. Bulk honey is important because it can be stored for long periods of time and used as needed. It can also be processed into other products, such as honeycomb or beeswax.
Original Honey:
The honey is produced by worker bees in the hive. The honey has different properties and characteristics due to the unique way of production by worker bees. Honey can be categorized as original, extracted or processed honey depending upon its source and extraction process.
Flavored Honey:
Flavored honey is produced by adding various flavors to regular honey. Flavored honey can be added in many foods and beverages for taste enhancement. Some of the popular flavors are cinnamon, lemon, orange, vanilla and others. The growing demand for flavored honey is due to the increasing awareness about its health benefits such as it contains antioxidants and antimicrobial properties which help in curing several diseases including cancer cells.
Application Insights:
The food processing industry accounted for the largest share of over 50.0% in 2017. The segment is expected to witness significant growth on account of increasing demand from emerging economies such as China, India and Brazil for processed food products containing honey as a key ingredient. Furthermore, growing preference towards home-made products over store-bought ones owing to increased availability of knowledge regarding health benefits is anticipated to boost the market growth further.
The catering industry accounted for a significant share in bulk honey market and is expected to grow at a CAGR of XX% from 2018 to 2030 owing to rising demand for various types such as original, flavored and specialty honeys across the globe especially from developing countries like India where majority of consumers prefer home cooked meals made using natural ingredients including these kinds of sweeteners which are available at low costs compared with other sugar alternatives like high fructose corn syrup or glucose syrup etc.
Regional Analysis:
North America was the largest market, accounting for a share of more than 30.0% in 2017. The region is expected to maintain its dominance over the forecast period as well due to increasing demand for honey from various end-use industries such as food processing and catering. In addition, rising consumption of honey by consumers owing to its properties such as low calorie level and high nutritional value will drive the market further.
Asia Pacific is projected to be one of the fastest growing markets at a CAGR exceeding 5% during the forecast period on account of rapid industrialization along with developing economies including China, India, Thailand among others are expected to boost product demand in this region over next eight years. Moreover, presence of key manufacturers in countries like Australia and New Zealand will also support regional growth during future years (Kumar & Pathak 2016). Increasing awareness regarding health benefits associated with bulk honey has also contributed significantly towards industry growth (Drewnowski et al., 2015).
Growth Factors:
- Increasing demand for honey as a natural sweetener and preservative in food and beverage industry.
- Rising awareness about the health benefits of honey among consumers.
- Growing popularity of honey-based products among health-conscious consumers.
- Increasing use of bulk honey in bakery and confectionery products.
- Expansion of retail network by key players in the bulk honey market
Scope Of The Report
Report Attributes
Report Details
Report Title
Bulk Honey Market Research Report
By Type
Original Honey, Flavored Honey
By Application
Food Processing Industry, Catering Industry, Retail
By Companies
Blue Ridge Honey Company, Kallas Honey Farm, Burleson's Honey, Georgia Honey Farm, Barkman Honey, Wee Bee Honey, GloryBee, HoneyTree, Kelley Honey Farms, Cox's Honey, Blue Ridge Honey Company
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Bulk Honey Market Report Segments:
The global Bulk Honey market is segmented on the basis of:
Types
Original Honey, Flavored Honey
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 Processing Industry, Catering Industry, Retail
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:
- Blue Ridge Honey Company
- Kallas Honey Farm
- Burleson's Honey
- Georgia Honey Farm
- Barkman Honey
- Wee Bee Honey
- GloryBee
- HoneyTree
- Kelley Honey Farms
- Cox's Honey
- Blue Ridge Honey Company
Highlights of The Bulk Honey 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:
- Original Honey
- Flavored Honey
- By Application:
- Food Processing Industry
- Catering Industry
- Retail
- 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 Bulk Honey 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Bulk honey is honey that has been extracted from the comb, bee box, or colony by a single operator. It is usually sold in bulk containers and may be labeled as "raw" or "unfiltered."
Some of the major players in the bulk honey market are Blue Ridge Honey Company, Kallas Honey Farm, Burleson's Honey, Georgia Honey Farm, Barkman Honey, Wee Bee Honey, GloryBee, HoneyTree, Kelley Honey Farms, Cox's Honey, Blue Ridge Honey Company.
The bulk honey market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bulk Honey Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bulk Honey Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bulk Honey Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bulk Honey Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bulk Honey Market Size & Forecast, 2020-2028
4.5.1 Bulk Honey Market Size and Y-o-Y Growth
4.5.2 Bulk Honey Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Original Honey
5.2.2 Flavored Honey
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Processing Industry
6.2.2 Catering Industry
6.2.3 Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bulk Honey Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bulk Honey Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Original Honey
9.6.2 Flavored Honey
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Processing Industry
9.10.2 Catering Industry
9.10.3 Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Original Honey
10.6.2 Flavored Honey
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Processing Industry
10.10.2 Catering Industry
10.10.3 Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Original Honey
11.6.2 Flavored Honey
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Processing Industry
11.10.2 Catering Industry
11.10.3 Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Original Honey
12.6.2 Flavored Honey
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Processing Industry
12.10.2 Catering Industry
12.10.3 Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Original Honey
13.6.2 Flavored Honey
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Processing Industry
13.10.2 Catering Industry
13.10.3 Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bulk Honey Market: Competitive Dashboard
14.2 Global Bulk Honey Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Blue Ridge Honey Company
14.3.2 Kallas Honey Farm
14.3.3 Burleson's Honey
14.3.4 Georgia Honey Farm
14.3.5 Barkman Honey
14.3.6 Wee Bee Honey
14.3.7 GloryBee
14.3.8 HoneyTree
14.3.9 Kelley Honey Farms
14.3.10 Cox's Honey
14.3.11 Blue Ridge Honey Company
