Organic Honey Market size to grow by USD 532.95 Mn by 2026, Market Research Insights highlights the increasing usage of organic honey in skincare products as a Key Driver - Technavio

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Oct 10, 2022, 05:45 ET

NEW YORK, Oct. 10, 2022 /PRNewswire/ -- According to the research report, the Organic Honey Market will witness a YOY growth of 7.7% in 2022 at a CAGR of 8.1% during the forecast period. The report is segmented by distribution channel (offline and online) and geography (Europe, North America, APAC, South America, and the Middle East and Africa).

For more insights on YOY and CAGR, Read FREE Sample Report.

Technavio has announced its latest market research report titled Global Organic Honey Market 2022-2026

Vendor Insights

Global Organic Honey Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market. 

The report analyzes the market's competitive landscape and offers information on several market vendors, including

Absolute Organic
Allied Natural Product
Apis India Limited
Barkman Honey LLC
Beechworth Honey
Beehive Farms Pvt Ltd.
Citadelle producers cooperative
Dabur India Ltd.
Dewars Honey
Fairfield Organics LLC
FEWSTERS FARM

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Buy Sample Report.

Geographical Market Analysis

Europe will account for 36% of market growth. The main markets in Europe for organic honey are Germany, the UK, and France. Compared to the Middle East and Africa, this region's market will increase more quickly. Over the projection period, a number of product launches will support market expansion for organic honey in Europe.

Furthermore, countries such as the US, China, Germany, UK, and France are expected to emerge as prominent markets for Organic Honey Market during the forecast period.

Key Segment Analysis

The offline segment will significantly increase its market share of organic honey. Hypermarkets, supermarkets, grocery and convenience stores are just a few examples of the different offline channel types. The two main offline distribution channels for organic goods, including organic honey, are hypermarkets and supermarkets. This allows customers to select from a variety of organic honey flavors based on their preferences. These offline store-related variables will accelerate market expansion during the anticipated timeframe.

Key Market Drivers & Challenges:

One of the factors fueling the growth of the organic honey market is the rising use of organic honey in beauty products. When used regularly, organic honey relieves dry skin, minimizes acne and scars, and gives the skin a healthy glow. In its health products like Immune Guard, Beauty Enhancer, and Vision Shield, for instance, Manuka Health uses organic honey as an active ingredient. Wedderspoon also sells wellness items made with Manuka honey, like Manuka Honey Gentle Facial Cleanser and Manuka Honey Hydrating Day Cream.

As a result, the market will experience growth during the projected period due to the rising use of organic honey as a significant ingredient in cosmetic and personal care products. However, factors such as stringent regulations may impede the market growth.

Download a free sample for highlights on market Drivers & Challenges affecting the Organic Honey Market.

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Organic Honey Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 8.1%
Market growth 2022-2026	$532.95 million
Market structure	Fragmented
YoY growth (%)	7.7
Regional analysis	Europe, North America, APAC, South America, and Middle East and Africa
Performing market contribution	Europe at 36%
Key consumer countries	US, China, Germany, UK, and France
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Absolute Organic, Allied Natural Product, Apis India Limited, Barkman Honey LLC, Beechworth Honey, Beehive Farms Pvt Ltd., Citadelle producers cooperative, Dabur India Ltd., Dewars Honey, Fairfield Organics LLC, FEWSTERS FARM, HoneyTree Inc., Indigenous Honey, Madhava Ltd., Marico Limited, Mehrotra Consumer Products Pvt. Ltd., Nature Nates, Patanjali Ayurved Ltd., Riaan Wellness Pvt. Ltd., UTTAMAYURVEDA, Wedderspoon Organic Inc., and Wholesome Sweeteners Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

5.1 Market segments

Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

5.2 Comparison by Distribution Channel

Exhibit 26: Chart on Comparison by Distribution Channel
Exhibit 27: Data Table on Comparison by Distribution Channel

5.3 Offline - Market size and forecast 2021-2026

Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)

5.4 Online - Market size and forecast 2021-2026

Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Distribution Channel

Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 Europe - Market size and forecast 2021-2026

Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.4 North America - Market size and forecast 2021-2026

Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 Germany - Market size and forecast 2021-2026

Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.10 China - Market size and forecast 2021-2026

Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

7.11 UK - Market size and forecast 2021-2026

Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.12 France - Market size and forecast 2021-2026

Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 Citadelle producers cooperative

Exhibit 89: Citadelle producers cooperative - Overview
Exhibit 90: Citadelle producers cooperative - Product / Service
Exhibit 91: Citadelle producers cooperative - Key offerings

10.4 Dabur India Ltd.

Exhibit 92: Dabur India Ltd. - Overview
Exhibit 93: Dabur India Ltd. - Business segments
Exhibit 94: Dabur India Ltd. - Key news
Exhibit 95: Dabur India Ltd. - Key offerings
Exhibit 96: Dabur India Ltd. - Segment focus

10.5 Fairfield Organics LLC

Exhibit 97: Fairfield Organics LLC - Overview
Exhibit 98: Fairfield Organics LLC - Product / Service
Exhibit 99: Fairfield Organics LLC - Key offerings

10.6 Indigenous Honey

Exhibit 100: Indigenous Honey - Overview
Exhibit 101: Indigenous Honey - Product / Service
Exhibit 102: Indigenous Honey - Key offerings

10.7 Madhava Ltd.

Exhibit 103: Madhava Ltd. - Overview
Exhibit 104: Madhava Ltd. - Product / Service
Exhibit 105: Madhava Ltd. - Key offerings

10.8 Marico Limited

Exhibit 106: Marico Limited - Overview
Exhibit 107: Marico Limited - Business segments
Exhibit 108: Marico Limited - Key news
Exhibit 109: Marico Limited - Key offerings
Exhibit 110: Marico Limited - Segment focus

10.9 Mehrotra Consumer Products Pvt. Ltd.

Exhibit 111: Mehrotra Consumer Products Pvt. Ltd. - Overview
Exhibit 112: Mehrotra Consumer Products Pvt. Ltd. - Product / Service
Exhibit 113: Mehrotra Consumer Products Pvt. Ltd. - Key offerings

10.10 Nature Nates

Exhibit 114: Nature Nates - Overview
Exhibit 115: Nature Nates - Product / Service
Exhibit 116: Nature Nates - Key offerings

10.11 Patanjali Ayurved Ltd.

Exhibit 117: Patanjali Ayurved Ltd. - Overview
Exhibit 118: Patanjali Ayurved Ltd. - Product / Service
Exhibit 119: Patanjali Ayurved Ltd. - Key offerings

10.12 Wholesome Sweeteners Inc.

Exhibit 120: Wholesome Sweeteners Inc. - Overview
Exhibit 121: Wholesome Sweeteners Inc. - Product / Service
Exhibit 122: Wholesome Sweeteners Inc. - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 123: Inclusions checklist
Exhibit 124: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 125: Currency conversion rates for US$

11.4 Research methodology

Exhibit 126: Research methodology
Exhibit 127: Validation techniques employed for market sizing
Exhibit 128: Information sources

11.5 List of abbreviations

Exhibit 129: List of abbreviations

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