Dried Honey Market is expected to reach US$ 1,253.44 Million by 2028

Rising Preference for Dried Honey as Natural Sweeteners in Food Products and Beverages

According to our latest market study titled "Dried Honey Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Form (Powder and Granules), Category (Organic and Conventional), and Application (Food & Beverages, Personal Care, and Pharmaceuticals & Nutraceuticals)," the dried honey market is projected to reach US$ 1,253.44 million by 2028 from US$ 723.18 million in 2021. It is expected to grow at a CAGR of 8.2% from 2021 to 2028.

Dried honey is a granular or powdered form of liquid honey. It is used as a natural sweetener in various food and beverage products, especially bakery products, ice-creams and desserts, tea, coffee, dairy products, spice blends, and seasoning, among others. Liquid honey is usually dried using spray drying, vacuum drying, and freeze-drying methods. As honey is hygroscopic in nature, dried honey contains maltodextrins, corn syrup, etc., that keep honey free of moisture.

Table sugar or refined sugar is the most widely used sweetener in food and beverages. However, the rising health risks associated with refined sugar consumption, such as obesity, heart disease, and diabetes, are reducing its popularity worldwide. As a result, people are increasingly replacing high-sugar food and beverages with food products containing natural sweeteners. Dried honey is being widely used as a natural sweetener and flavoring agent in various food products, including bakery products, confectionery, ice-creams and desserts, dairy products, sauces and dressings, cereals, and snacks. Moreover, as it is soluble in both hot and cold liquids, and has no aftertaste, it is used in beverages such as tea, coffee, smoothies, and fruit juices. Thus, the rising preference for dried honey as a natural sweetener in various food products and beverages is driving the dried honey market.

Key players in the global dried honey market include Best Ground International; ASR GROUP; Hoosier Hill Farm; Associated British Foods plc; Norevo; Specialty Products and Technology, Inc.; Spice Alliance, LLC; SWEET HARVEST FOODS; and ADM.

Impact of COVID-19 Pandemic on Dried Honey Market

The COVID-19 pandemic has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The food & beverages industry has suffered severe disruptions such as breaks in supply chains and shutdowns of production plants during the pandemic. In the initial days of the pandemic, various companies had announced possible delays in product deliveries and slump in future sales of their products. These factors hampered the progress of the food & beverage industry, along with hindering the growth of markets related to this industry, including the global dried honey market. However, as people have become more health-conscious, they are preferring healthy and natural food and beverages. Thus, the demand for natural ingredients has surged significantly, which is boosting the requirement for dried honey. With the rising vaccination rates, the global marketplace is recovering from the losses. Manufacturers are striving to overcome the production shortfall as they are permitted to operate with full capacity. This factor is projected to fuel the dried honey market growth in the coming years.

Dried Honey Market Breakdown – by Region

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Dried Honey Market 2028 By Demand, Size and Trend

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Dried Honey Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Form (Powder and Granules), Category (Organic and Conventional), and Application (Food & Beverages, Personal Care, and Pharmaceuticals & Nutraceuticals)

The report segments the dried honey market as follows:

Based on the form, the dried honey market is segmented into powder and granules. Based on the category, the market is segmented into organic and conventional. Based on the application, the market is segmented into food & beverages, personal care, and pharmaceuticals & nutraceuticals. Based on the geography, the dried honey market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South and Central America (SAM).