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16 Feb, 2022, 12:00 GMT
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NEW YORK, Feb. 16, 2022 /PRNewswire/ — Organic honey is a good choice for food & beverage manufacturers looking for low-calorie or calorie-free sweeteners. Growing usage of organic honey as a natural, additive-free alternative solution to sweeteners is one of the potential factors driving demand from the food & beverage sector. Organic ingredient demand is at an all-time high in the food & beverage industry, and it shows no signs of slowing down. This is due to promising demand dynamics for organic products and highly strong preference for them across the world.
Besides, organic honey usage in cosmetics and personal care products has been rising rapidly across the world in recent times. All in all, both, the F&B industry and the personal care sector, along with the pharma industry, will majorly drive demand for organic honey over the coming years.
As per detailed industry analysis by Persistence Market Research, the global organic honey market is predicted to surge at 7.8% CAGR and cross US$ 1.8 Bn by the end of 2032.
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Key Takeaways from Market Study
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"Organic honey is used in a variety of industries, including food & beverages, cosmetics & personal care, and retail/household. However, it is expected that rising adoption of organic honey in pharmaceuticals will function as a demand accelerator for market growth," says a Persistence Market Research analyst.
Competitive Landscape
Companies are focusing on increasing their geographical presence to match the growing demand for organic and natural honey. Leading organic honey manufacturers are also focusing on quality and customization to meet rising customer tastes and expectations.
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Persistence Market Research, in its new report, offers an impartial analysis of the global organic honey market, presenting historical data (2016-2020) and estimation statistics for the forecast period of 2021-2031.
The study offers compelling insights based on type (manuka honey, sourwood honey, buckwheat honey, rosemary honey, dandelion honey, eucalyptus honey, and others), end use (food & beverages, cosmetic & personal care, pharmaceuticals, retail/household, and others), and distribution channel (business to business and business to consumer), across seven major regions of the world.
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About Persistence Market Research:
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.
Rajendra Singh
Persistence Market Research
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SOURCE Persistence Market Research Pvt. Ltd.
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