Dried Honey Market 2028 By Demand, Size and Trend
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 obtained by drying liquid honey and maltodextrin in a spray dryer. It blends very easily in different formulations. Moreover, it is easy to store and transport, therefore, requires low transportation costs. The rising popularity of honey owing to its antimicrobial and healing properties is driving its demand from the personal care and pharmaceuticals industries. Moreover, it is used in various dietary supplements as a natural sweetening agent. Furthermore, owing to the moisture retention properties of dried honey, it is being used in bakery products. It also improves the texture of these products and imparts rich flavor.
Asia-Pacific held the largest share of the global dried honey market in 2020, while the Middle East and Africa is expected to register the highest CAGR during the forecast period. China is one of the largest producers and exporters of honey in the world. Dried honey is also becoming popular owing to its low-calorie content compared to refined sugar and other artificial sweeteners. In the beauty and wellness industry, dried honey has significant applications owing to its antimicrobial and anti-inflammatory properties. The beauty trends are rapidly evolving in the Asia-Pacific Market. Natural skincare routine trends are becoming popular, especially among women in the region. Moreover, the antimicrobial properties and high antioxidant content of honey rejuvenate skin, thereby soothing the skin, making it radiant, and preventing acne formation. The increasing inclusion of honey powder in natural skincare routines is projected to boost the regional market growth during the forecast period.
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Dried Honey Market: Strategic Insights
Market Size Value in US$ 723.18 Million in 2021 Market Size Value by US$ 1,253.44 Million by 2028 Growth rate CAGR of 8.2% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Dried Honey Market: Strategic Insights
| Market Size Value in | US$ 723.18 Million in 2021 |
| Market Size Value by | US$ 1,253.44 Million by 2028 |
| Growth rate | CAGR of 8.2% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Dried Honey Market
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 dried honey market witnessed a mixed impact of the COVID-19 pandemic. The shutdown of the food and beverages industry disrupted the global supply chains and product manufacturing activities in 2020. In addition, restrictions on movements across country borders made it difficult to transport raw materials, thereby disturbing international trade. However, the demand for dried honey surged after the onset of the COVID-19 pandemic. As studies claim, it helps enhance the immune system when consumed with black pepper. As a result, sales of dried honey products, including honey powder and granules, surged in the last two years. Due to its antiviral, antifungal, and antibacterial properties, honey has received global acceptance as an effective medicine for treating acute throat infections and cough. These factors had positive effects on the growth of the dried honey market.
Market Insights
Increasing Awareness of Benefits of Dried Honey Across Industries Drives Market Growth
Dried honey is used across industries such as food & beverages, personal care, and pharmaceuticals and nutraceuticals. It is used as a preferred natural sweetener in the food & beverages sector due to its low calorific content and antimicrobial properties. Honey powder improves the stability of bakery products by prolonging their shelf life, owing to its moisture retention properties. Moreover, dried honey is employed in personal care products such as moisturizers, anti-aging creams, scrubs, face masks, shampoos, and conditioners. It is used in medicines that treat throat infections, bronchial asthma, constipation, and digestive disorders. It is also present in ointments that help heal wounds, injuries, mouth ulcers, and eczema, owing to its anti-inflammatory properties. Thus, the rising demand for dried honey from various end-use industries fuels the dried honey market growth.
Form Insights
Based on form, the dried honey market is bifurcated into powder and granules. The powder segment accounted for a larger market share in 2020 and is expected to register a higher CAGR in the market during the forecast period. Honey powder is extensively used as a natural sweetening agent in bakery products, desserts, ice-creams, confectioneries, among other products. Owing to its moisture retention properties, it is used in bread, cakes, pastries, muffins, and dry baking mixes. According to a study conducted by Food Research International, honey powder improves the stability of bakery products by prolonging their shelf lives, owing to its moisture retention properties. Moreover, it provides desirable color, aroma, and browning effect in bakery products. Honey powder is also used in personal care products as it blends easily in different formulations. It offers numerous benefits in terms of handling, processing, and new application possibilities.
Category Insights
Based on category, the dried honey market is bifurcated into organic and conventional. The conventional segment accounted for a larger market share in 2020, and the organic segment is expected to register a higher CAGR in the market during the forecast period. Organic honey powder is made by spray drying liquid honey with organic maltodextrin. It is used in applications where soluble honey is required. Organic honey has been independently certified as a product extracted from bee colonies farmed at 5–8 km away from roads, factories, or dwellings. Generally, organic dried honey is more expensive and has better quality than conventional dried honey. Therefore, the demand for organic dried honey is projected to increase substantially during the forecast period, as customers demand premium quality and natural products.
Application Insights
Based on application, the dried honey market is segmented into food & beverage, personal care, and pharmaceuticals & nutraceuticals. The food and beverages segment accounted for the largest market share in 2020, and the pharmaceuticals & nutraceuticals segment is expected to register the highest CAGR in the market during the forecast period. Honey is incorporated in various pharmaceutical and nutraceutical products, such as medicines, supplements, and ointments. It has been in use as an important ingredient in traditional medicines or is combined with topical and oral medications. The dried honey powder is added to lozenges, gummies, and cough drops, and is used in medicated confectionery products for sore throats, such as candies. The antibacterial and anti-inflammatory substances in honey are effective against various infections. It can also help resolve constipation and cramping problems.
A few of the players operating in the dried honey market are 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.
Dried Honey Market Report Scope
Report Spotlights
- Progressive industry trends in the dried honey market to help companies develop effective long-term strategies
- Business growth strategies adopted by the dried honey market players in developed and developing countries
- Quantitative analysis of the dried honey market from 2019 to 2028
- Estimation of global demand for dried honey
- Porter's five forces analysis to illustrate the efficacy of buyers and suppliers operating in the dried honey market
- Recent developments to understand the competitive market scenario
- Market trends and outlook as well as factors governing the growth of the dried honey market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest
- Size of the dried honey market size at various nodes
- Detailed overview and segmentation of the market, as well as the dried honey industry dynamics
- Size of the dried honey market in various regions with promising growth opportunities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Form, Category,, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Rising preference for dried honey as natural sweeteners in food products and beverages, increasing awareness of benefits of dried honey across end use industries are some of the key driving factors for the growth of global dried honey market.
Dried honey is widely used in personal care products, such as moisturizers, scrubs, and anti-aging creams, owing to its soothing and anti-inflammatory properties. Honey powder is high in vitamins B and C and minerals such as calcium, iron, zinc, potassium, phosphorus, magnesium, and selenium. Honey powder is a natural antibacterial and antibiotic that loosens undesirable debris and dead skin cells, allowing them to rinse away. It contains antibacterial and anti-inflammatory qualities that help protect the skin from acne and future breakouts. Due to these properties, manufacturers of personal care products frequently employ dried honey in their products.
Asia-Pacific accounted for the largest share of the global dried honey market. The emerging countries are witnessing an upsurge in industrialization and urbanization activities, offering ample opportunities for the key market players in the dried honey market. The surge in demand for dried honey in the food industry with special emphasis on bakery applications is expected to drive the dried honey market in the region.
Dried honey is one of the most popular natural ingredients used in various skincare and personal care products. Honey is becoming an integral part of skincare regimes as it has anti-inflammatory properties, which help treat active acne. Moreover, it is used in lip balms and lip care products, as it helps heal chapped lips and hydrates them. The surging demand for dried honey from the personal care industry is expected to create lucrative opportunities for dried honey market in the coming years.
Based on Category, the conventional segment accounted for the largest revenue share as the product is available at a cheaper cost compared to organic dried honey. Local food manufacturers use conventional dried honey due to its affordability and availability.
The major players operating in the global dried honey market are Best Ground International ASR Group, Hoosier Hill Farm, Associated British Foods Plc., Specialty Products and Technology Inc., Spice Jungle, SWEET HARVEST FOODS, THE ARCHER DANIELS MIDLAND COMPANY, Hangzhou Youither Bioscience Co. Ltd., Norevo GmbH among many others.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection
3.2.2 Primary Interviews
3.2.3 Hypothesis Formulation
3.2.4 Macro-economic Factor Analysis
3.2.5 Developing Base Number
3.2.6 Data Triangulation
3.2.7 Country Level Data
4. Global Dried Honey Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Value Chain Analysis
4.3.1 Raw Material
4.3.2 Manufacturing/Processing
4.3.3 Packaging
4.4 Expert Opinion
5. Dried Honey Market — Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Rising Preference for Dried Honey as Natural Sweeteners in Food Products and Beverages
5.1.2 Increasing Awareness of Benefits of Dried Honey Across End-Use Industries
5.2 Market Restraints
5.2.1 Availability of Other Natural Sweeteners
5.3 Market Opportunities
5.3.1 Surging Demand for Dried Honey in Personal Care Industry
5.4 Future Trends
5.4.1 Growing Preference for Organic and All-Natural Food Products
5.5 Impact Analysis of Drivers and Restraints
6. Dried Honey – Global Market Analysis
6.1 Dried Honey Market Overview
6.2 Dried Honey Market –Revenue and Forecast to 2028
6.3 Competitive Positioning – Key Market Players
7. Global Dried Honey Market Analysis – By Form
7.1 Overview
7.2 Global Dried Honey Market Breakdown, By Form, 2020 & 2028
7.3 Powder
7.3.1 Overview
7.3.2 Global Powder Dried Honey Market Revenue Forecasts To 2028 (US$ Million)
7.4 Granules
7.4.1 Overview
7.4.2 Global Granules Dried Honey Market Revenue Forecasts To 2028 (US$ Million)
8. Global Dried Honey Market Analysis – By Category
8.1 Overview
8.2 Global Dried Honey Market Breakdown, By Category, 2020 & 2028
8.3 Organic
8.3.1 Overview
8.3.2 Global Organic Dried Honey Market Revenue Forecasts To 2028 (US$ Million)
8.4 Conventional
8.4.1 Overview
8.4.2 Global Conventional Dried Honey Market Revenue Forecasts To 2028 (US$ Million)
9. Global Dried Honey Market Analysis – by Application
9.1 Overview
9.2 Global Dried Honey Market Breakdown, By Application, 2020 & 2028
9.3 Food and Beverages
9.3.1 Overview
9.3.2 Global Food and Beverages Market Revenue Forecasts To 2028 (US$ Million)
9.4 Personal Care
9.4.1 Overview
9.4.2 Global Personal Care Market Revenue Forecasts To 2028 (US$ Million)
9.5 Pharmaceuticals and Nutraceuticals
9.5.1 Overview
9.5.2 Global Pharmaceuticals and Nutraceuticals Market Revenue Forecasts To 2028 (US$ Million)
9.5.2.1 Lozenges
9.5.2.2 Global Lozenges Market Revenue Forecasts To 2028 (US$ Million)
9.5.2.3 Gummies
9.5.2.4 Global Gummies Market Revenue Forecasts To 2028 (US$ Million)
9.5.2.5 Others
9.5.2.6 Global Others Market Revenue Forecasts To 2028 (US$ Million)
10. Dried Honey Market – Geographical Analysis
10.1 Overview
10.2 North America: Dried Honey Market
10.2.1 North America: Dried Honey Market – Analysis and Forecast to 2028 (US$ Million)
10.2.2 North America: Dried Honey Market, by Category
10.2.3 North America: Dried Honey Market, by Form
10.2.4 North America: Dried Honey Market, by Application
10.2.5 North America: Dried Honey Market, by Key Country
10.2.5.1 US: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Dried Honey Market, by Category
10.2.5.1.2 US: Dried Honey Market, by Form
10.2.5.1.3 US: Dried Honey Market, by Application
10.2.5.2 Canada: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Dried Honey Market, by Category
10.2.5.2.2 Canada: Dried Honey Market, by Form
10.2.5.2.3 Canada: Dried Honey Market, by Application
10.2.5.3 Mexico: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Dried Honey Market, by Category
10.2.5.3.2 Mexico: Dried Honey Market, by Form
10.2.5.3.3 Mexico: Dried Honey Market, by Application
10.3 Europe: Dried Honey Market
10.3.1 Europe: Dried Honey Market – Analysis and Forecast to 2028 (US$ Million)
10.3.2 Europe: Dried Honey Market, by Category
10.3.3 Europe: Dried Honey Market, by Form
10.3.4 Europe: Dried Honey Market, by Application
10.3.5 Europe: Dried Honey Market, by Key Country
10.3.5.1 Germany: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: Dried Honey Market, by Category
10.3.5.1.2 Germany: Dried Honey Market, by Form
10.3.5.1.3 Germany: Dried Honey Market, by Application
10.3.5.2 France: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: Dried Honey Market, by Category
10.3.5.2.2 France: Dried Honey Market, by Form
10.3.5.2.3 France: Dried Honey Market, by Application
10.3.5.3 UK: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.3.5.3.1 UK: Dried Honey Market, by Category
10.3.5.3.2 UK: Dried Honey Market, by Form
10.3.5.3.3 UK: Dried Honey Market, by Application
10.3.5.4 Italy: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.3.5.4.1 Italy: Dried Honey Market, by Category
10.3.5.4.2 Italy: Dried Honey Market, by Form
10.3.5.4.3 Italy: Dried Honey Market, by Application
10.3.5.5 Russia: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Dried Honey Market, by Category
10.3.5.5.2 Russia: Dried Honey Market, by Form
10.3.5.5.3 Russia: Dried Honey Market, by Application
10.3.5.6 Rest of Europe: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Dried Honey Market, by Category
10.3.5.6.2 Rest of Europe: Dried Honey Market, by Form
10.3.5.6.3 Rest of Europe: Dried Honey Market, by Application
10.4 Asia-Pacific
10.4.1 Asia-Pacific: Dried Honey Market – Analysis and Forecast to 2028 (US$ Million)
10.4.2 Asia-Pacific: Dried Honey Market, by Category
10.4.3 Asia-Pacific: Dried Honey Market, by Form
10.4.4 Asia-Pacific: Dried Honey Market, by Application
10.4.5 Asia-Pacific: Dried Honey Market, by Key Country
10.4.5.1 China: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.4.5.1.1 China: Dried Honey Market, by Category
10.4.5.1.2 China: Dried Honey Market, by Form
10.4.5.1.3 China: Dried Honey Market, by Application
10.4.5.2 Japan: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.4.5.2.1 Japan: Dried Honey Market, by Category
10.4.5.2.2 Japan: Dried Honey Market, by Form
10.4.5.2.3 Japan: Dried Honey Market, by Application
10.4.5.3 India: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: Dried Honey Market, by Category
10.4.5.3.2 India: Dried Honey Market, by Form
10.4.5.3.3 India: Dried Honey Market, by Application
10.4.5.4 South Korea: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.4.5.4.1 South Korea: Dried Honey Market, by Category
10.4.5.4.2 South Korea: Dried Honey Market, by Form
10.4.5.4.3 South Korea: Dried Honey Market, by Application
10.4.5.5 Australia: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.4.5.5.1 Australia: Dried Honey Market, by Category
10.4.5.5.2 Australia: Dried Honey Market, by Form
10.4.5.5.3 Australia: Dried Honey Market, by Application
10.4.5.6 Rest of Asia-Pacific: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia-Pacific: Dried Honey Market, by Category
10.4.5.6.2 Rest of Asia-Pacific: Dried Honey Market, by Form
10.4.5.6.3 Rest of Asia-Pacific: Dried Honey Market, by Application
10.5 South and Central America: Dried Honey Market
10.5.1 South and Central America: Dried Honey Market – Analysis and Forecast to 2028 (US$ Million)
10.5.2 South and Central America: Dried Honey Market, by Category
10.5.3 South and Central America: Dried Honey Market, by Form
10.5.4 South and Central America: Dried Honey Market, by Application
10.5.5 South and Central America: Dried Honey Market, by Key Country
10.5.5.1 Brazil: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.5.5.1.1 Brazil: Dried Honey Market, by Category
10.5.5.1.2 Brazil: Dried Honey Market, by Form
10.5.5.1.3 Brazil: Dried Honey Market, by Application
10.5.5.2 Argentina: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.5.5.2.1 Argentina: Dried Honey Market, by Category
10.5.5.2.2 Argentina: Dried Honey Market, by Form
10.5.5.2.3 Argentina: Dried Honey Market, by Application
10.5.5.3 Rest of South and Central America: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.5.5.3.1 Rest of South and Central America: Dried Honey Market, by Category
10.5.5.3.2 Rest of South and Central America: Dried Honey Market, by Form
10.5.5.3.3 Rest of South and Central America: Dried Honey Market, by Application
10.6 Middle East and Africa: Dried Honey Market
10.6.1 Middle East and Africa: Dried Honey Market – Analysis and Forecast to 2028 (US$ Million)
10.6.2 Middle East and Africa: Dried Honey Market, by Category
10.6.3 Middle East and Africa: Dried Honey Market, by Form
10.6.4 Middle East and Africa: Dried Honey Market, by Application
10.6.5 Middle East and Africa: Dried Honey Market, by Key Country
10.6.5.1 South Africa: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.6.5.1.1 South Africa: Dried Honey Market, by Category
10.6.5.1.2 South Africa: Dried Honey Market, by Form
10.6.5.1.3 South Africa: Dried Honey Market, by Application
10.6.5.2 Saudi Arabia: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.6.5.2.1 Saudi Arabia: Dried Honey Market, by Category
10.6.5.2.2 Saudi Arabia: Dried Honey Market, by Form
10.6.5.2.3 Saudi Arabia: Dried Honey Market, by Application
10.6.5.3 UAE: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.6.5.3.1 UAE: Dried Honey Market, by Category
10.6.5.3.2 UAE: Dried Honey Market, by Form
10.6.5.3.3 UAE: Dried Honey Market, by Application
10.6.5.4 Rest of the Middle East and Africa: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)
10.6.5.4.1 Rest of the Middle East and Africa: Dried Honey Market, by Category
10.6.5.4.2 Rest of the Middle East and Africa: Dried Honey Market, by Form
10.6.5.4.3 Rest of the Middle East and Africa: Dried Honey Market, by Application
11. Impact of COVID-19 Pandemic on Global Dried Honey Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.5 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 Best Ground International
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 ASR Group
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Hoosier Hill Farm
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Associated British Foods Plc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Norevo GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Specialty Products and Technology, Inc
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Spice Jungle
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Sweet Harvest Foods, Inc.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 THE ARCHER DANIELS MIDLAND COMPANY
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Hangzhou Youither Bioscience Co., Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Dried Honey Market, by Category – Revenue and Forecast to 2028 (USD Million)
Table 3. North America Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 4. North America Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 5. US Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 6. US Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 7. US Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 17. Germany Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 18. Germany Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 19. Germany Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 20. France Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 21. France Dried Honey Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 22. France Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 23. UK Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 24. UK Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 25. UK Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 26. Italy Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 27. Italy Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 28. Italy Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 29. Russia Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 35. Asia-Pacific Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 36. Asia-Pacific Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 37. Asia-Pacific Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 38. China Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 39. China Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 40. China Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 41. Japan Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 42. Japan Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 43. Japan Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 44. India Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 45. India Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 46. India Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 47. South Korea Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 48. South Korea Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 49. South Korea Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 50. Australia Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 51. Australia Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 52. Australia Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of Asia-Pacific Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of Asia-Pacific Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of Asia-Pacific Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 56. South and Central America Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 57. South and Central America Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 58. South and Central America Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 59. Brazil Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 60. Brazil Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 61. Brazil Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 62. Argentina Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 63. Argentina Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 64. Argentina Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 65. Rest of South and Central America Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 66. Rest of South and Central America Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 67. Rest of South and Central America Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 68. Middle East and Africa Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 69. Middle East and Africa Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 70. Middle East and Africa Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 71. South Africa Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 72. South Africa Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 73. South Africa Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 74. Saudi Arabia Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 75. Saudi Arabia Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 76. Saudi Arabia Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 77. UAE Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 78. UAE Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)
Table 79. UAE Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 80. Rest of the Middle East and Africa Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 81. Rest of the Middle East and Africa Dried Honey Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 82. Rest of the Middle East and Africa Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)
Table 83. Glossary of Terms, Global Dried Honey Market
LIST OF FIGURES
Figure 1. Global Dried Honey Market Segmentation
Figure 2. Dried Honey Market Segmentation – By Geography
Figure 3. Global Dried Honey Market Overview
Figure 4. Dried Honey Market, By Category
Figure 5. Dried Honey Market, By Geography
Figure 6. Global Dried Honey Market, Industry Landscape
Figure 7. Porter's Five Forces Analysis
Figure 8. Value Chain: Dried Honey
Figure 9. Expert Opinion
Figure 10. Dried Honey Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Dried Honey Market
Figure 12. Global: Dried Honey Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Global Dried Honey Market Breakdown by Form, 2020 & 2028 (%)
Figure 14. Global Powder Dried Honey Market Revenue Forecasts To 2028 (US$ Million)
Figure 15. Global Granules Dried Honey Market Revenue Forecasts To 2028 (US$ Million)
Figure 16. Global Dried Honey Market Breakdown by Category, 2020 & 2028 (%)
Figure 17. Global Organic Dried Honey Market Revenue Forecasts To 2028 (US$ Million)
Figure 18. Global Conventional Dried Honey Market Revenue Forecasts To 2028 (US$ Million)
Figure 19. Global Dried Honey Market Breakdown by Application, 2020 & 2028 (%)
Figure 20. Global Food and Beverages Market Revenue Forecasts To 2028 (US$ Million)
Figure 21. Global Personal Care Market Revenue Forecasts To 2028 (US$ Million)
Figure 22. Global Pharmaceuticals and Nutraceuticals Market Revenue Forecasts To 2028 (US$ Million)
Figure 23. Global Lozenges Market Revenue Forecasts To 2028 (US$ Million)
Figure 24. Global Gummies Market Revenue Forecasts To 2028 (US$ Million)
Figure 25. Global Others Market Revenue Forecasts To 2028 (US$ Million)
Figure 26. Dried Honey Market, Global Breakdown by Region, 2020 & 2028 (%)
Figure 27. North America: Dried Honey Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America: Dried Honey Market Revenue Share, by Category (2020 and 2028)
Figure 29. North America: Dried Honey Market Revenue Share, by Form (2020 and 2028)
Figure 30. North America: Dried Honey Market Revenue Share, by Application (2020 and 2028)
Figure 31. North America: Dried Honey Market Revenue Share, by Key Country (2020 and 2028)
Figure 32. US: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 33. Canada: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 34. Mexico: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 35. Europe: Dried Honey Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. Europe: Dried Honey Market Revenue Share, by Category (2020 and 2028)
Figure 37. Europe: Dried Honey Market Revenue Share, by Form (2020 and 2028)
Figure 38. Europe: Dried Honey Market Revenue Share, by Application (2020 and 2028)
Figure 39. Europe: Dried Honey Market Revenue Share, by Key Country (2020 and 2028)
Figure 40. Germany: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 41. France: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 42. UK: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 43. Italy: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 44. Russia: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 45. Rest of Europe: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 46. Asia-Pacific: Dried Honey Market – Revenue and Forecast to 2028 (US$ Million)
Figure 47. Asia-Pacific: Dried Honey Market Revenue Share, by Category (2020 and 2028)
Figure 48. Asia-Pacific: Dried Honey Market Revenue Share, by Form (2020 and 2028)
Figure 49. Asia-Pacific: Dried Honey Market Revenue Share, by Application (2020 and 2028)
Figure 50. Asia-Pacific: Dried Honey Market Revenue Share, by Key Country (2020 and 2028)
Figure 51. China: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 52. Japan: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 53. India: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 54. South Korea: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 55. Australia: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 56. Rest of Asia-Pacific: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 57. South and Central America: Dried Honey Market – Revenue and Forecast to 2028 (US$ Million)
Figure 58. South and Central America: Dried Honey Market Revenue Share, by Category (2020 and 2028)
Figure 59. South and Central America: Dried Honey Market Revenue Share, by Form (2020 and 2028)
Figure 60. South and Central America: Dried Honey Market Revenue Share, by Application (2020 and 2028)
Figure 61. South and Central America: Dried Honey Market Revenue Share, by Key Country (2020 and 2028)
Figure 62. Brazil: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 63. Argentina: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 64. Rest of South and Central America: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 65. Middle East and Africa: Dried Honey Market – Revenue and Forecast to 2028 (US$ Million)
Figure 66. Middle East and Africa: Dried Honey Market Revenue Share, by Category (2020 and 2028)
Figure 67. Middle East and Africa: Dried Honey Market Revenue Share, by Form (2020 and 2028)
Figure 68. Middle East and Africa: Dried Honey Market Revenue Share, by Application (2020 and 2028)
Figure 69. Middle East and Africa Poultry Feed Market Revenue Share, by Key Country (2020 and 2028)
Figure 70. South Africa: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 71. Saudi Arabia: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 72. UAE: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 73. Rest of the Middle East and Africa: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)
Figure 74. Impact of COVID-19 Pandemic in North America Country Markets
Figure 75. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 76. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 77. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets
Figure 78. Impact of COVID-19 Pandemic in South and Central America Country Markets
The List of Companies - Dried Honey Market
- Best Ground International
- ASR Group
- Hoosier Hill Farm
- Associated British Foods Plc.
- Specialty Products and Technology, Inc
- Spice Jungle
- SWEET HARVEST FOODS
- THE ARCHER DANIELS MIDLAND COMPANY
- Hangzhou Youither Bioscience Co. Ltd.
- Norevo GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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