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Organic Honey Market is anticipated to progress at a high CAGR of 7.8% to top a valuation of US$ 1.8 Bn by the year 2032


News provided by

Persistence Market Research Pvt. Ltd.

16 Feb, 2022, 12:00 GMT

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NEW YORK, Feb. 16, 2022 /PRNewswire/ -- Organic honey is a good choice for food & beverage manufacturers looking for low-calorie or calorie-free sweeteners. Growing usage of organic honey as a natural, additive-free alternative solution to sweeteners is one of the potential factors driving demand from the food & beverage sector. Organic ingredient demand is at an all-time high in the food & beverage industry, and it shows no signs of slowing down. This is due to promising demand dynamics for organic products and highly strong preference for them across the world.

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Besides, organic honey usage in cosmetics and personal care products has been rising rapidly across the world in recent times. All in all, both, the F&B industry and the personal care sector, along with the pharma industry, will majorly drive demand for organic honey over the coming years.

As per detailed industry analysis by Persistence Market Research, the global organic honey market is predicted to surge at 7.8% CAGR and cross US$ 1.8 Bn by the end of 2032.

Request for sample copy of report: https://www.persistencemarketresearch.com/samples/32773

Key Takeaways from Market Study

  • Due to the presence of key emerging markets, South Asia, Latin America, and East Asia have the most development potential in this market, with predicted value CAGRs of 10%, 8.7%, and 8.3%, respectively.
  • In terms of end-use segment, the pharmaceuticals industry and the retail/household sector have the highest potential to grow, with value CAGRs of 8.7% and 8.2%, respectively.
  • Growing popularity of organic honey in various end-use sectors is due to rising demand for organic and nutritional products that require similar components in their processing or production.
  • Europe and East Asia dominate the global organic honey market with a combined market share of more than 45%.
  • Use of organic honey in various personal care and cosmetic products is rising, and the segment accounts for a considerable share of the global market.
  • Russia and the United Kingdom dominate the European market, while China holds more than 80% of the East Asian market share.

Know the methodology of report: https://www.persistencemarketresearch.com/methodology/32773

"Organic honey is used in a variety of industries, including food & beverages, cosmetics & personal care, and retail/household. However, it is expected that rising adoption of organic honey in pharmaceuticals will function as a demand accelerator for market growth," says a Persistence Market Research analyst.

Competitive Landscape

Companies are focusing on increasing their geographical presence to match the growing demand for organic and natural honey. Leading organic honey manufacturers are also focusing on quality and customization to meet rising customer tastes and expectations.

  • In 2019, Nature Nate's Honey Co. launched its 100% Australian raw and unfiltered honey in Australia. The company strives to enhance its regional presence and diversify its products to match the growing demand for organic and natural honey.
  • Barkman Honey LLC focuses on quality and customization to meet customers' tastes and expectations. The company has state-of-the-art lab technology, which takes the honey through rigorous testing to validate its safety, security, and quality. The company also focuses on offering suitable containers, ranging from classic honey bears to innovative inverted bottles.

Get full access of report: https://www.persistencemarketresearch.com/checkout/32773

Explore More Valuable Insights

Persistence Market Research, in its new report, offers an impartial analysis of the global organic honey market, presenting historical data (2016-2020) and estimation statistics for the forecast period of 2021-2031.

The study offers compelling insights based on type (manuka honey, sourwood honey, buckwheat honey, rosemary honey, dandelion honey, eucalyptus honey, and others), end use (food & beverages, cosmetic & personal care, pharmaceuticals, retail/household, and others), and distribution channel (business to business and business to consumer), across seven major regions of the world.

Related Reports:

  • Honey Market
  • Honey Powder Market
  • Manuka Honey Market

About Persistence Market Research:

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

Overview:

Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies'/clients' shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.

Contact

Rajendra Singh
Persistence Market Research
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New York City, NY 10007
+1-646-568-7751
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Email: sales@persistencemarketresearch.com 
Visit Our Website: https://www.persistencemarketresearch.com

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