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Research Outline
Prepared for Jason L. | Delivered July 12, 2019
Honey Market
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Goals
You are interested the global market size of honey ranked by type, its growth, and countries it is most consumed in.
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Early Findings
MARKET SIZE
The global market size for honey in 2018 was
$7.7 billion
. It is predicted to reach
$10.3 billion
by 2025 at a compound annual growth rate o
f 4.8%
.
S
o
m
e
o
f
t
h
e
major key players in the global honey industry are "Barkman Honey, Golden Acres Honey, Steens Honey, Rowse Honey Ltd, Capilano Honey
, and Dabur India."
The global market size for organic honey is currently
$500 million
. This figure is expected to be $
910 million
by 2024 at a
CAGR of 10.4%.
Europe has a
39% share
of the organic honey market while North America has a
31% share.
S
o
m
e
o
f
t
h
e
main manufacturers of organic honey are Dutch Gold, Nature's Nate,
R
o
w
s
e
, Barkman
Honey, and
L
a
n
g
e
s
e
.
SEGMENTS
By type, the global honey market is segmented into alfalfa honey, wildflower honey, buckwheat honey, acacia honey,
clover honey
, and others.
Organic honey is segmented into mixed organic honey,
m
a
n
u
k
a
,
clover, and other.
COUNTRIES CONSUMING & IMPORTING HONEY
India
has the highest number of beehives while
China
has the highest production volume of honey.
Central African Republic,
New Zealand, Sloveni
a, Greece, Switzerland, and Austria are the countries that consume the most honey.
The US, Germany, Japan, France, and the UK imported the most natural
honey in 2018.
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