Parent Market Analysis
Technavio categorizes the global manuka honey market as a part of the global packaged foods market within the global consumer staples software market.
Technavio uses the total revenue generated by manufacturers to estimate the global manuka honey market size. External factors influencing the parent market's growth potential in the coming years have been thoroughly investigated in our research analysis, to know more about the levels of growth of the manuka honey market throughout the forecast period, Download a free sample.
Manuka Honey Market Value Chain Analysis
To maximize profit margins and evaluate business plans, an end-to-end understanding of manuka honey is required. The report will help vendors drive costs and enhance customer services during the forecast period.
- Inputs
- Inbound logistics
- Primary processing
- Secondary and tertiary processing
- Outbound logistics
- End-customers
- Marketing and sales
- Services
- Innovation
To unlock information about vendor drive costs and customer service, download our free sample report.
Vendor Insights
The manuka honey market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the best of the opportunity, the market vendors should focus more on the fast-growing segment's growth prospect while maintaining their positions in the slow-growing segments.
We provide a detailed analysis of vendors operating in the manuka honey market, including some of the vendors such as Apihealth NZ Ltd., Arataki Honey Ltd., Capilano Honey Ltd., Comvita Ltd., Manuka Health New Zealand Ltd., Natures Way Products LLC, Pure New Zealand Honey Ltd., Streamland Honey Group Ltd., Te Runanga o Ngai Tahu Group, and Wedderspoon Organic Inc.
Backed with competitive intelligence and benchmarking, our research reports on the manuka honey market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
Product Insights and News
- Apihealth NZ Ltd. - offers manuka honey that includes bee venom products, bee propolis products, bee pollen products, bee-deer velvet products, bee herbal products, bee products for pets, information about anti-aging beauty products, royal jelly products, and many more, under the brand name of Apihealth NZ Ltd.
- Arataki Honey Ltd. - offers manuka honey that provides comb honey, kiwi honey, propolis and pollen, specialty honey, and many more, under the brand name of Arataki Honey Ltd.
- Capilano Honey Ltd. - offers manuka honey that provides Capilano classic, bioactive manuka honey, single floral varietal, specialty honey, and many more, under the brand name of Capilano Honey Ltd.
The manuka honey market forecast report offers in-depth insights into key vendor profiles and offerings – Download Free Sample Report
Geographical Highlights
The manuka honey market share growth in APAC will be significant during the forecast period. China, New Zealand, and Australia are the key markets for manuka honey in APAC. Market growth in this region will be faster than the growth of the market in Europe, North America, South America, and MEA.
The rising demand for market expansion is due to the increased usage of honey, the presence of a large number of producers, and concentrated production. The expansion in the middle-class population and urbanization in developing and developed economies such as Australia, China, India, Japan, and South Korea gives numerous opportunities for significant industry participants in the manuka honey market. The rising need for healthful foods is one of the key causes driving the expansion of manuka honey in APAC. People's eating habits have changed as a result of their hectic lifestyles and wellness concerns, promoting the rise of the manuka honey sector in the region. Furthermore, manuka honey consumption in APAC has risen as a result of growing disposable income and the availability of manuka honey in various forms.
Moreover, countries like China, the US, New Zealand, Argentina, and Australia are the key market for the manuka honey market in APAC, owing to the significant increase in the demand for honey and the presence of a large number of producers in this region.
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Key Market Dynamics-
- Manuka Honey Key Market Drivers:
- Increasing demand for healthier food products
The rising desire for healthier food products with lower fat levels and more vitamins and minerals is one of the primary factors driving the worldwide manuka honey market's rise. The demand for manuka honey has increased as people become more conscious of the need of living a healthy lifestyle despite their busy schedules. Individuals' immunity is boosted by the excellent nutritional profile and antibacterial qualities, which aid in cytokine generation. Other reasons, including its use in the medicinal and cosmetic industries, will drive demand for manuka honey, resulting in market expansion over the forecast period.
- Manuka Honey Key Market Trends:
- Availability of manuka honey in the online sales channel
There has been a rise in demand for healthier foods with lower fat content and more vitamins and minerals. This is done to guarantee that clients can maintain a healthy lifestyle despite their busy schedules. As a result, consumer preferences are having a beneficial impact on manuka honey demand. Manuka honey has a unique nutritional profile as well as antibacterial capabilities that aid in the production of cytokines. This trait contributes to the body's increased immunity. Because of its anti-inflammatory and antioxidant properties, manuka honey can be used topically to treat eczema and acne. As a result, factors like these are driving up demand for manuka honey and will continue to do so in the future.
Download a free sample for highlights on market Drivers & Trends affecting the manuka honey market.
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Manuka Honey Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.29% |
Market growth 2022-2026 |
$ 434.50 million |
Market structure |
Fragmented |
YoY growth (%) |
5.87 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 50% |
Key consumer countries |
China, US, New Zealand, Argentina, and Australia |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Apihealth NZ Ltd., Arataki Honey Ltd., Capilano Honey Ltd., Comvita Ltd., Manuka Health New Zealand Ltd., Natures Way Products LLC, Pure New Zealand Honey Ltd., Streamland Honey Group Ltd., Te Runanga o Ngai Tahu Group, and Wedderspoon Organic 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, 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. |
About Us:
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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