Honey Powder Market to Record 5.18% CAGR with 48% Contribution from North America - 17,000+ Technavio Reports

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This report extensively covers honey powder market segmentation by application (bakery and confectionery, cosmetics, and others) and geography (North America, APAC, Europe, Middle East and Africa, and South America).

• Revenue-generating Segment Highlights
• Bakery And Confectionery: The honey powder market share growth in the bakery and confectionery products segment will be significant during the forecast period. The increasing use of honey powder as a natural sweetener as well as growing consumer inclination for organic and natural products are expected to boost the demand for honey powder from manufacturers of bakery and confectionery products in the coming years.
• Cosmetics
• Others
• Regional Opportunities
• North America: 48% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for honey powder in North America. Market growth in this region will be faster than the growth of the market in South America and MEA. The increasing honey beekeeping activities, which are leading to a rise in the number of honey bee colonies will facilitate the honey powder market growth in North America over the forecast period.
• APAC
• Europe
• Middle East And Africa
• South America

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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our honey powder market report covers the following areas:

• Honey Powder Market size
• Honey Powder Market trends
• Honey Powder Market industry analysis

This study identifies the growing preference for online shopping as one of the prime reasons driving the honey powder market growth during the next few years. Online distribution channels include company portals, pure-play e-retailers, and other online retailers. eBay Inc. (eBay) and Amazon.com Inc. (Amazon) are some of the major online retailers of honey powder products. In addition, one of the key factors driving the global honey powder market growth is the health benefits of consuming honey powder. Consumers are more inclined toward organic products as they want to limit the consumption of chemically processed products, in turn, boosting the demand for organic products including honey powder. However, the declining number of honey bee colonies owing to factors such as natural disasters and the impact of changing weather conditions triggered by climate change is likely to limit the market's growth during the projected period.

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The honey powder market is fragmented and the vendors are deploying growth strategies such as distinguishing their product offerings through clear and unique value propositions to compete in the market.  This statistical study of the honey powder market encompasses successful business strategies deployed by the key vendors. 

Backed with competitive intelligence and benchmarking, our research reports on the honey powder market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support. The honey powder market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. Companies are launching innovative products and solutions to garner a competitive edge in the market.

We provide a detailed analysis of around 25 vendors operating in the honey powder market including

• AmTech Ingredients
• Archer Daniels Midland Co.
• ASR GROUP
• Associated British Foods plc
• Duke Thomsons India Pvt. Ltd.
• Dutch Gold Honey
• Glorybee Inc.
• Holy Natural
• Kanegrade Ltd.
• Lamex Food Group Ltd.
• Langnese Honig GmbH and Co. KG
• McCormick and Co. Inc.
• Mevive International Food Ingredients
• Nature Nates
• Norevo GmbH
• Stakich Inc.
• Venkatesh Natural Extract Pvt. Ltd.
• Vllow Food Products Pvt. Ltd.
• Woodland Foods Ltd.

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• Which is the latest market trend taking the market by the storm?
• What are some of the most influential market drivers, restraints, and opportunities (DROs)?
• What are the historical and projected revenue values and CAGR percentage?
• Which strategic initiatives will influence competitive scenarios and define the market growth potential?
• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?
• Who are the top market share contributors and their latest organizational restructuring plans?

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Dry Honey Market by Product and Geography - Forecast and Analysis 2022-2026: The dry honey market share is expected to increase by USD 289 million from 2021 to 2026.

Honey Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025: The honey market has the potential to grow by USD 4.09 billion during 2021-2025. 

Honey Wine Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026: The honey wine market share is expected to increase by USD 317.31 million from 2021 to 2026.

Manuka Honey Market by Category and Geography - Forecast and Analysis 2022-2026: The manuka honey market share is expected to increase by USD 434.50 million from 2021 to 2026. 

Organic Honey Market by Distribution Channel and Geography - Forecast and Analysis 2020-2024: The global organic honey market has the potential to grow by USD 611.1 million during 2020-2024

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 Application
• 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 Application

• 5.1 Market segments
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

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

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

• 5.5 Others - Market size and forecast 2021-2026
• Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Application
• Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 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 (%)

• 7.4 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 (%)

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

• 7.6 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 (%)

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

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

• 7.9 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 (%)

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

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

• 7.12 Turkey - Market size and forecast 2021-2026
• Exhibit 82: Chart on Turkey - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Turkey - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Turkey - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Turkey - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: 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 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 AmTech Ingredients
• Exhibit 93: AmTech Ingredients - Overview
• Exhibit 94: AmTech Ingredients - Product / Service
• Exhibit 95: AmTech Ingredients - Key offerings

• 10.4 Archer Daniels Midland Co.
• Exhibit 96: Archer Daniels Midland Co. - Overview
• Exhibit 97: Archer Daniels Midland Co. - Business segments
• Exhibit 98: Archer Daniels Midland Co. - Key offerings
• Exhibit 99: Archer Daniels Midland Co. - Segment focus

• 10.5 ASR GROUP
• Exhibit 100: ASR GROUP - Overview
• Exhibit 101: ASR GROUP - Product / Service
• Exhibit 102: ASR GROUP - Key offerings

• 10.6 Associated British Foods plc
• Exhibit 103: Associated British Foods plc - Overview
• Exhibit 104: Associated British Foods plc - Business segments
• Exhibit 105: Associated British Foods plc - Key offerings
• Exhibit 106: Associated British Foods plc - Segment focus

• 10.7 Duke Thomsons India Pvt. Ltd.
• Exhibit 107: Duke Thomsons India Pvt. Ltd. - Overview
• Exhibit 108: Duke Thomsons India Pvt. Ltd. - Product / Service
• Exhibit 109: Duke Thomsons India Pvt. Ltd. - Key offerings

• 10.8 Dutch Gold Honey
• Exhibit 110: Dutch Gold Honey - Overview
• Exhibit 111: Dutch Gold Honey - Product / Service
• Exhibit 112: Dutch Gold Honey - Key offerings

• 10.9 Lamex Food Group Ltd.
• Exhibit 113: Lamex Food Group Ltd. - Overview
• Exhibit 114: Lamex Food Group Ltd. - Product / Service
• Exhibit 115: Lamex Food Group Ltd. - Key offerings

• 10.10 McCormick and Co. Inc.
• Exhibit 116: McCormick and Co. Inc. - Overview
• Exhibit 117: McCormick and Co. Inc. - Business segments
• Exhibit 118: McCormick and Co. Inc. - Key offerings
• Exhibit 119: McCormick and Co. Inc. - Segment focus

• 10.11 Nature Nates
• Exhibit 120: Nature Nates - Overview
• Exhibit 121: Nature Nates - Product / Service
• Exhibit 122: Nature Nates - Key offerings

• 10.12 Woodland Foods Ltd.
• Exhibit 123: Woodland Foods Ltd. - Overview
• Exhibit 124: Woodland Foods Ltd. - Business segments
• Exhibit 125: Woodland Foods Ltd. - Key offerings
• Exhibit 126: Woodland Foods Ltd. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 127: Inclusions checklist
• Exhibit 128: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 129: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 130: Research methodology
• Exhibit 131: Validation techniques employed for market sizing
• Exhibit 132: Information sources

• 11.5 List of abbreviations
• Exhibit 133: List of abbreviations

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