Dried Honey Market Landscape Assessment By Type, Opportunities And Higher Mortality Rates By 2032
The global dried honey market is projected to be appraised at US$ 1,720 million by 2032, up from US$ 780 million in 2022, advancing at a CAGR of 7.9% from 2022 to 2032.
Some of the factors that
are contributing to the growth of the market include: longer shelf life than
raw honey, inexpensive, maintains the consistency of the food, and it is
considered as the best alternative to sugar. However, the factors that could
sink the market growth include problems of under or over-drying and absence of
pure honey.
Honey is one of the best
sources of energy that improves your immune system also and the same benefit it
offers when consuming in the dried form. Dried honey is a powdered
form of honey. Dry honey enhances, compliments, and intensifies the ingredients
flavourings in which it is used.
Incorporation of Dry
Honey in Various Industries is Growing Due to the Increasing Demand for Healthy
Products from Individuals
In the past few years, a
growing interest in dry honey over the conventional honey is observed owing to
the advantages it holds over conventional liquid honey, including higher shelf
life, convenience in transport and storage, among more.
Moreover, dried honey is
inexpensive when compared to conventional honey and
other sweeteners which is why more and more foodservice providers are
incorporating it in their products instead of conventional sweeteners.Personal
care and cosmetic industry are the ones increasing the demand for dried honey
significantly. Integration of dried honey in various cosmetics and personal
care products is proliferating and providing the market a substantial boost.
Dried honey is emerging as an important alternative for conventional liquid
honey, Arabic gum, and other sweeteners, and is expected to witness hefty
demand over the forecast period.
Dried Honey Market:
Regional Analysis
The prospect of growth
for the dried honey market in the Asia Pacific is quite high as China is the
leading producer of honey with more than half a million ton in the year 2017.
In India also, the production of natural honey is in abundance. The dried honey
market in the Asia Pacific could flourish in the years to come. The market in
North America seems attractive too with the incorporation of dried honey
increasing in personal care and cosmetics, and various health foods as a
growing interest toward health-enhancing foods is observed in the individuals.
Dried Honey Market:
Key Participants
Some of the market
participants in the Dried Honey market are:
·
Specialty
Products and Technology Inc.
·
The
Archer Daniels Midland Company
·
Best
Ground International
·
Bio
Botanica, Inc.
·
Domino
Specialty Ingredients (ASR Group)
·
Haldin
Pacific Semesta
·
Spice
Jungle, LLC
·
Ohly
(ABF Ingredients)
·
Hoosier
Hill Farm
·
Maple
Leaf Garden Food Co.
·
Island
Abbey Foods Ltd.
·
Wuhu
Deli Foods Co., Ltd.
·
Natural
Sourcing LLC
·
Augason
Farms
The research report
presents a comprehensive assessment of the Dried Honey market and contains
thoughtful insights, facts, historical data, and statistically supported and
industry-validated market data. It also includes projections using a suitable
set of assumptions and methodologies. The research report provides analysis and
information according to market segments such as product type, application, and
end use.
The report covers
exhaustive analysis on:
·
Dried
Honey Market Segments
·
Dried
Honey Market Dynamics
·
Dried
Honey Market Size
·
Dried
Honey Supply and Demand
·
Current
Trends/Issues/Challenges pertaining to Dried Honey Market
·
Competition
Landscape and Emerging Market Participants in Dried Honey Market
·
Value
Chain Analysis of the Dried Honey Market
Dried Honey Market
Segmentation
The Dried Honey market
can be segmented on the basis of product type, nature, end-use, flavours, form,
and sales channel
On the basis of
product type, the market can be segmented as:
·
Dried
Honey Blend
·
Spray
Dried Honey
·
Others
On the basis of
nature, the market can be segmented as:
·
Organic
·
Conventional
On the basis of end
use, the market can be segmented as:
·
Food
and Beverages
·
Special
Dietary Formulations
·
Vinaigrettes
·
Sauces
·
Brines
·
Marinades
·
Bakery
Products
·
Confectionery
·
Glazes
·
Health
Foods
·
Seasonings
·
Dry
Mixes
·
Beverages
·
Personal
Care and Cosmetics
·
Others
(Pharmaceuticals, etc.)
On the basis of
flavours, the market can be segmented as:
·
Honey
(100%)
·
Honey
with Menthol
·
Honey
with Lemon
·
Honey
with Eucalyptus
·
Honey
with Other Flavours
On the basis of
form, the market can be segmented as:
·
Powder
·
Granular
On the basis of the
sales channel, the market can be segmented as:
·
Direct
Sales/B2B
·
Indirect
Sales/B2C
·
Supermarket/Hypermarket
·
Retail
Stores
·
Specialty
Stores
·
General
Grocery Stores
·
Online
Stores
Information Source: https://www.futuremarketinsights.com/reports/dried-honey-market
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