The Manuka Honey Market is being driven by Increasing demand for healthier food products
The Manuka Honey Market is expected to grow at a CAGR of 6.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 441.2 million. The e-commerce sector is experiencing significant growth due to several factors, including the expanding tech-savvy demographic, increasing Internet accessibility, and the surge in mobile commerce. The global market for goods is driving cross-border e-commerce sales, while multiple payment options, such as credit and debit cards, internet banking, digital wallets, and cash-on-delivery, have transformed consumer purchasing behavior. E-commerce platforms offer convenience by eliminating physical store barriers and empower consumers with access to numerous product reviews, enabling informed decisions.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
206 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.1% |
Market growth 2025-2029 |
USD 441.2 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
5.6 |
Key countries |
China, US, New Zealand, UK, Japan, India, Germany, Australia, France, and Italy |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Manuka honey market is driven by its unique non-peroxide hydrogen peroxide property, delivering robust antimicrobial activity. Its anti-viral properties make it ideal for wound care, skin care, and hair care. Immunity-boosting benefits, nutritional value, and complementary products like royal jelly, bee pollen, and bee venom expand its appeal. Honey extraction equipment, processing technology, analysis, and grading ensure authenticity. Health claims are backed by scientific evidence from clinical trials. Product positioning, pricing strategy, and distribution channels are key marketing considerations. Online, social media, influencer, content marketing, brand storytelling, customer engagement, and service enhance market reach.
The Manuka honey market represents vendors engaged in the production and packaging of this unique honey derived from the Leptospermum scoparium plant. According to Technavio's market analysis, the global market size for Manuka honey is determined by the consolidated revenue of these vendors. This market segmentation excludes equipment manufacturers and producers of alcoholic and non-alcoholic beverages. The growth of the Manuka honey market is influenced by several factors, including its non-peroxide antimicrobial activity and its role in promoting wound healing and boosting the immune system. The increasing consumer preference for natural food products with added health benefits further fuels market expansion.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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