Honey Market (2025 - 2032)
Honey Market (2025 Market Summary
Honey Market Summary The global honey market size was valued at USD 9.01 billion in 2022 and is projected to reach USD 13.57 billion by 2030, growing at a CAGR of 5.3% from 2023 to 2030. Honey is an excellent source of numerous nutritional ingredients including vitamins, minerals, calcium, and antioxidants. High demand for nutritious food products is a prominent factor driving the market, as people are increasingly becoming more aware of the benefits of living a healthy lifestyle.
Key Market Trends & Insights
- Europe held the largest revenue share of over 35.0% in 2022 By processing, The conventional segment held the largest revenue share of over 80.0% in 2022 and is expected to maintain its lead over the forecast period By distribution channel, The hypermarkets and supermarkets segment captured the largest revenue share of over 40.0% in 2022. Market Size & Forecast 2022 Market Size: USD 9.01 Billion 2030 Projected Market Size: USD 13.57 Billion CAGR (2023-2030): 5.3% Europe: Largest market in 2022
Market Size & Forecast
- 2024 Market Size: USD 8.94e-100551 Billion
- 2030 Projected Market Size: USD 15.59e-100551 Billion
- CAGR (2025-2030): 6.52e-100551%
Product Insights
By Type Alfalfa Buckwheat Wildflower Clover Acacia Others
Application Insights
By Application Food & Beverages Personal Care & Cosmetics Pharmaceuticals Others
Location Insights
U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; China; Japan; India; Australia & New Zealand; Brazil; South Africa
Regional Insights
Europe held the largest revenue share of over 35.0% in 2022 and is expected to maintain its lead over the forecast period. A rapidly improving economy due to rising disposable income, urbanization, and changing lifestyles is projected to drive product demand in the respective region, thereby augmenting the overall market growth in the years to come. Asia Pacific is expected to register the highest CAGR from 2023 to 2030. Consumers’ increasing inclination towards healthy and tasty eating habits is boosting market growth.
Company Insights
Some of the key players operating in the global honey market include: Beeyond the Hive Barkman Honey LLC Dabur India Ltd. Capilano Honey Ltd. New Zealand Honey Co. Streamland Biological Technology Ltd. Oha Honey LP Billy Bee Honey Products Little Bee Impex Dutch Gold Honey, Inc.