Global Organic Honey Market: Food and Beverage as End Users to Witness Significant Growth in Terms of Revenue Throughout 2022

Posted on 2018-06-29 by Mark Hub in Food & Beverage // 0 Comments

Fact MR

Rockville, US, 2018-Jun-29 — /EPR Network/ — Shift in preferences of health-conscious customers has led to surge in demand for healthy food alternatives. In order to stay healthy and fit, individuals prefer spending on natural and organic food products. Banking on the growing requirements of customers, food retail outlets and restaurants are focusing on utilizing health benefiting ingredients while preparing range of food products. Leading food manufacturers are concentrating on utilizing organic honey as an alternative to sugar for preparing healthy food products. Attributed to nutrition-rich and antioxidant properties, leading manufacturers are focusing on opting for organic honey as an important ingredient to prepare innovative food products. Fact.MR has projected an impressive growth for the global organic honey market over the forecast period (2017-2022). Global sales of organic honey are estimated to exceed US$ 150 Mn by 2022-end.

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With the growing prevalence of obesity, leading manufacturers are concentrating on opting for low fat ingredients such as organic honey for producing food products. Consumption of organic honey continues to remain high among obese individuals as it helps them in managing weight. As organic honey is a good source of vitamins, minerals, sugar, and fiber, it also helps in reducing risks related to cardiovascular diseases. In order to expand customer base, leading food companies are focusing on developing customer-specific products.

Global Organic Honey Market to Bring in More Than US$ 150 Mn Revenues By 2022-End

According to Fact.MR, the global organic honey market is expected to reach a value of over US$ 150 Mn by the end of 2022. Prevalence of obesity among individuals has led to shift in consumer preferences towards healthy food products. In order to cater to the growing needs of health-conscious customers, leading food manufacturers are focusing on preparing healthy and low fat food products. As organic honey is a good source of vitamins and minerals, consumption continues to remain high in the food and beverage industry. Besides food industry, demand for organic honey is also likely to increase in the pharmaceutical and cosmetic industry. Attributed to its versatile, antibacterial, and antioxidant features, leading manufacturers are concentrating on utilizing organic honey for the production of various cosmetic and pharmaceutical products. As leading companies are focusing on developing innovative products, demand for organic honey continues to remain high globally. To remain on the forefront of the global market, leading firms are focusing on utilizing innovative ingredients such as organic honey in their products.

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With the growing production of medications and lotions, demand for manuka organic honey will continue to remain high in the pharmaceutical industry. In terms of revenue, manuka honey is expected to witness highest growth in the global market by the end of 2022. Demand for organic honey is expected to remain high for the food and beverage products and services globally. Food and beverage end user is expected to generate significant revenues in the global market throughout 2022. In addition, food and beverage end user is expected to reflect the fastest growth in the global market by the end of 2022.

Sales of organic honey is expected to increase through modern trade and wholesale/distributors. Modern trade and wholesale/distributors will continue to account for more than two-third of the revenue share in the global market by the end of 2022.

Leading market players in the global market are Wedderspoon Organic Holdings, L.P., Barkman Honey LLC, Heavenly Organics, LLC, Y.S. Eco Bee Farms, North Dallas Honey Company L.P., Wholesome Sweeteners Inc., Little Bee Impex, Madhava Honey Ltd., and Glorybee Inc.

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