Market Overview:
The global honey market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The food ingredient segment is expected to account for a major share of the global honey market throughout the forecast period. Among applications, convenience stores are expected to account for a major share of the global honey market during the forecast period. North America dominates the global honey market followed by Europe and Asia Pacific region.
Product Definition:
Cooking Ingredient Honey is a sweetener that is made from nectar. Honey has a variety of uses in cooking, including as a sweetener, flavor enhancer, and thickener.
Drinks Ingredient:
Drinks ingredient is a combination of flavoring, sweetener and liquid. It can be used in various types of beverages such as fruit juices, dairy products, energy drinks and alcoholic drinks. The growth factor in the market is increasing demand for ready-to-drink beverages due to changing lifestyle along with growing health consciousness among consumers.
Food Ingredient:
Food Ingredient is a natural or artificial substance used as an ingredient in another food product. Food ingredients can be classified as functional and non-functional depending on their functions in the end product. Functional ingredients are those that provide some kind of nutritional value, taste, texture or flavor to the end food product whereas Non-functional ingredients do not have any effect on the final outcome of cooking.
Food Ingredients can be categorized into two types: edible.
Application Insights:
The application segment includes convenience stores, supermarkets/hypermarkets and online. Convenience stores are expected to be the fastest-growing application segment with a CAGR of XX% over the forecast period owing to increasing consumer disposable income, especially in developing countries like India and China. The product is widely used as an ingredient in soft drinks which provides taste enhancement along with nutritional benefits to consumers.
Food ingredients provide functional benefits such as preservative qualities that help extend food shelf life by inhibiting microbial growth including bacteria, mold and yeast on the surface of food products thereby providing longer eating experience to consumers. Honey also has antibacterial properties which help prevent bacterial growth including staphylococcus aureus (staph) infections when added into foods before cooking or during storage at room temperature for long durations.
Regional Analysis:
Europe was the largest market for cooking ingredient honey, accounting for more than 35.0% of global revenue in 2017. The region is expected to continue its dominance over the forecast period as well due to increasing demand from countries such as Germany and U.K., which are among the major consumers of honey-based cooking ingredients across the globe.
Asia Pacific is anticipated to be one of the fastest growing markets with a CAGR exceeding 5.0% during the forecast years owing to rising consumer awareness regarding health benefits associated with honey and its various applications in food preparation.
North America also accounted for a significant share of global revenue owing to high demand from U.S.
Growth Factors:
- Increasing demand for natural and organic products: The global honey market is projected to grow at a CAGR of 6.5% from 2017 to 2025, owing to the increasing demand for natural and organic products. Honey is a naturally occurring sweetener that has various health benefits, which is driving its demand in the food and beverage industry.
- Rising awareness about the health benefits of honey: There has been a rise in the awareness about the health benefits of honey among consumers in recent years. This has led to an increase in its consumption as a dietary supplement across the globe.
- Growing popularity of Mediterranean cuisine: The popularity of Mediterranean cuisine is growing rapidly across the globe, with people becoming more aware of its healthy attributes. Honey plays an important role in many dishes from this region, which is contributing to its growth globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cooking Ingredient Honey Market Research Report
By Type
Drinks Ingredient, Food Ingredient
By Application
Convenience Stores, Supermarket/Hypermarket, Online
By Companies
Barkman Honey, Bee Maid Honey, Beeyond the Hive, Capilano Honey, Comvita, Dabur, Dalian Sangdi Honeybee, Billy Bee Honey Products, Lamex Foods, Hi-Tech Natural Products
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Cooking Ingredient Honey Market Report Segments:
The global Cooking Ingredient Honey market is segmented on the basis of:
Types
Drinks Ingredient, Food Ingredient
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
Convenience Stores, Supermarket/Hypermarket, Online
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:
- Barkman Honey
- Bee Maid Honey
- Beeyond the Hive
- Capilano Honey
- Comvita
- Dabur
- Dalian Sangdi Honeybee
- Billy Bee Honey Products
- Lamex Foods
- Hi-Tech Natural Products
Highlights of The Cooking Ingredient 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:
- Drinks Ingredient
- Food Ingredient
- By Application:
- Convenience Stores
- Supermarket/Hypermarket
- Online
- 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 Cooking Ingredient 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?
Honey is a sweetener that comes from the nectar of flowers.
Some of the major companies in the cooking ingredient honey market are Barkman Honey, Bee Maid Honey, Beeyond the Hive, Capilano Honey, Comvita, Dabur, Dalian Sangdi Honeybee, Billy Bee Honey Products, Lamex Foods, Hi-Tech Natural Products.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cooking Ingredient 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 Cooking Ingredient Honey Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cooking Ingredient 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 Cooking Ingredient 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 Cooking Ingredient Honey Market Size & Forecast, 2020-2028
4.5.1 Cooking Ingredient Honey Market Size and Y-o-Y Growth
4.5.2 Cooking Ingredient 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 Drinks Ingredient
5.2.2 Food Ingredient
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 Convenience Stores
6.2.2 Supermarket/Hypermarket
6.2.3 Online
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cooking Ingredient 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 Cooking Ingredient 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 Drinks Ingredient
9.6.2 Food Ingredient
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 Convenience Stores
9.10.2 Supermarket/Hypermarket
9.10.3 Online
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 Drinks Ingredient
10.6.2 Food Ingredient
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 Convenience Stores
10.10.2 Supermarket/Hypermarket
10.10.3 Online
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 Drinks Ingredient
11.6.2 Food Ingredient
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 Convenience Stores
11.10.2 Supermarket/Hypermarket
11.10.3 Online
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 Drinks Ingredient
12.6.2 Food Ingredient
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 Convenience Stores
12.10.2 Supermarket/Hypermarket
12.10.3 Online
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 Drinks Ingredient
13.6.2 Food Ingredient
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 Convenience Stores
13.10.2 Supermarket/Hypermarket
13.10.3 Online
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 Cooking Ingredient Honey Market: Competitive Dashboard
14.2 Global Cooking Ingredient Honey Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Barkman Honey
14.3.2 Bee Maid Honey
14.3.3 Beeyond the Hive
14.3.4 Capilano Honey
14.3.5 Comvita
14.3.6 Dabur
14.3.7 Dalian Sangdi Honeybee
14.3.8 Billy Bee Honey Products
14.3.9 Lamex Foods
14.3.10 Hi-Tech Natural Products
