Global Honey Market Size is Expected to Grow to $9015.23 Million by 2029

Global Honey Market Overview

According to Global Market Monitor, the global honey market size was $8523.17 million in 2023 and is expected to grow to $9015.23 million by 2029.

Market Drivers

As a kind of food additive, apart from its direct human consumption, over the past few years, honey has been used as a key ingredient in various applications including energy drinks and bars, cookies, breakfast cereals, bakery products, confectionery, and alcoholic drinks like mead. It acts as an alternative to sugar and other artificial sweeteners. These factors encourage consumers to consume honey in their daily breakfast and meals to gain a sustainable lifestyle and a healthy diet to prevent chronic health issues. Furthermore, in the medicine industry, it can promote debridement, and speed up the healing process by stimulating wound tissues owing to its antimicrobial properties. It is beneficial for weight management, improving metabolic activity, reducing the risk of diabetes, maintaining blood pressure, and promoting wound and burn healing.

Market Dynamics

Due to the significant increase in honey applications, manufacturers are introducing new organic products to meet the growing global demand for products. For example, Emami Ltd., a leading fast-moving consumer goods company in India, launched pure organic honey under the brand name "Zandu Pure Honey" for health-conscious customers. The company aims to provide pure products with zero sugar. The major players in the honey industry are also conducting continuous research and development, influencing the growth of the honey market, and introducing new innovative flavors. Rowse Honey Ltd is the world's leading producer and processor of honey with the largest market share.

Company Name	Rowse Honey Ltd
Website	www.rowsehoney.co.uk
Established Time	1938
Plants Distribution	United Kingdom
Business Introductions	Rowse Honey Ltd. produces honey. The company harvests, processes, and packages a range of honey. Rowse Honey serves customers throughout the United Kingdom.

For more industry information, please refer to our latest released "2023 Global Honey Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".