Latest News- Honey Market: Offline is expected to lead the Distribution Channel segment during 2024-2028

The Honey Market is being driven by Health benefits associated with honey

The Honey Market is expected to grow at a CAGR of 9.89% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 6428.9 million. In the beekeeping industry, development assistance agencies have long sought to foster innovation to drive growth. Technology providers such as Beemer, Innovation Cloud, and ApisProtect are at the forefront of this movement, offering advanced solutions to supply real-time data to beekeepers and crop growers. For instance, Beemer's BeeHero software solution delivers real-time information on bee locations, crop types, and related details. Similarly, Innovation Cloud's BeeWeb software solution facilitates connections between farmers and beekeepers, making all available bee pastures visible to the latter. These innovative solutions leverage technology to enhance efficiency and productivity within the beekeeping sector. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Offline
  • Online
• Type
  • Conventional
  • Organic
• Geography
  • APAC
    • China
  • Europe
  • North America
    • US
  • South America
    • Argentina
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Health benefits associated with honey
• Restoration of natural bee habitats
• Increase in number of private label products

However, the market also witnesses some limitations, which are as follows:

• High cost of production and transportation
• Stringent regulations
• Declining number of honey bee colonies

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Market Scope in Honey Market Research Report

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Research Analysis Overview

Organic honey, derived from natural beekeeping techniques, is gaining popularity in the e-commerce sector as an effective remedy for acute throat infections. Its medical characteristics, including metabolic activity, can help manage blood pressure and reduce the risk of diabetes. Natural honey's liquid form makes it convenient for use, especially compared to processed foods. Its use in treating burn wounds is well-known. Wild bees produce the purest form of honey, which differs from commercially processed varieties. Regular consumption of natural honey can offer various health benefits, such as improving immunity and aiding in wound healing.

Market Research Overview

The organic honey market, a niche segment within the e-commerce sector, experiences significant growth due to the increasing consumer preference for natural remedies, particularly for the treatment of acute throat infections. Vendors of organic honey products capitalize on this trend, offering convenience to customers through online sales. Beekeeping techniques are essential to the production process, ensuring the highest quality honey through sustainable extraction methods. The global organic honey market size is determined by the combined revenue generated by these vendors. Factors driving market growth include the health benefits associated with honey consumption, such as its antimicrobial properties and rich nutrient content, including potassium, dietary fiber, folate, vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/