The North America Honey Market would witness market growth of 10.2% CAGR during the forecast period (2020-2026). Honey is widely used as a healthy substitute for artificial sweetener, building immunity system, for energy source, and as a weight loss substance, all these uses of honey contribute in the growth of the honey market.
Moreover, the growing demand for honey in the medical and cosmetic industry will bring new growth prospects to the honey market. Besides, extreme consumption of honey can also have various negative effects on the health of a person, which acts as a restraint for the market.
It is a great ingredient in cosmetics & skin-care, aromatherapy, waxes, products, waterproofing products, wood finishes, and dental molds. The shifting preference of customers towards a nutritive & healthy alternative for artificial & sugar sweetener will rapidly expand the honey market during the forecast period. Moreover, honey fermentation is used to make sweet alcoholic beverages is expected to open new growth avenues for the honey market. Along with this, the storing capability of honey for a longer period without any need for refrigeration will drive the growth of the market. In addition, the various favorable therapeutic values of honey on the health of a person will escalate the market growth in the future years.
The extensive utilization of honey in the manufacturing of medical products is further accelerating the growth of the market during the forecast years. Moreover, the growing popularity of honey among health-conscious consumers will help in procuring a significant growth rate for the honey market during the forecast years. Along with this, honey contains a huge amount of antioxidants which will impact its market growth in a positive way.
The US market dominated the North America Pharmaceutical Market by Country in 2019, thereby, achieving a market value of $176.9 million by 2026. The Canada market is experiencing a CAGR of 9.4% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 9.6% during (2020 - 2026).
Based on Application, the market is segmented into Food & Beverages, Personal Care & Cosmetics and Pharmaceutical. Based on Distribution Channel, the market is segmented into Online, Supermarket/Hypermarket and Convenience Stores. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Honey Market in North America is expected to register a CAGR of 10.2% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dabur India Ltd., Beeyond the Hive LLC, Patanjali Ayurved Limited, Capilano Honey Ltd., Barkman Honey, LLC, Bee Maid Honey Ltd., Dutch Gold Honey, Inc., New Zealand Honey Co. (Comvita), HoneyLab Ltd., and Rowse Honey Ltd. (Valeo foods U.K. Limited)
Scope of the Study
Market Segments Covered in the Report:
By Application
- Food & Beverages
- Personal Care & Cosmetics
- Pharmaceutical
By Distribution Channel
- Online
- Supermarket/Hypermarket
- Convenience Stores
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Dabur India Ltd.
- Beeyond the Hive LLC
- Patanjali Ayurved Limited
- Capilano Honey Ltd.
- Barkman Honey, LLC
- Bee Maid Honey Ltd.
- Dutch Gold Honey, Inc.
- New Zealand Honey Co. (Comvita)
- HoneyLab Ltd.
- Rowse Honey Ltd. (Valeo foods U.K. Limited)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Honey Market, by Application
1.4.2 North America Honey Market, by Distribution Channel
1.4.3 North America Honey Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Honey Market by Application
3.1 North America Food & Beverages Market by Country
3.2 North America Personal Care & Cosmetics Market by Country
3.3 North America Pharmaceutical Market by Country
Chapter 4. North America Honey Market by Distribution Channel
4.1 North America Online Honey Market by Country
4.2 North America Supermarket/Hypermarket Market by Country
4.3 North America Convenience Stores Market by Country
Chapter 5. North America Honey Market by Country
5.1 US Honey Market
5.1.1 US Honey Market by Application
5.1.2 US Honey Market by Distribution Channel
5.2 Canada Honey Market
5.2.1 Canada Honey Market by Application
5.2.2 Canada Honey Market by Distribution Channel
5.3 Mexico Honey Market
5.3.1 Mexico Honey Market by Application
5.3.2 Mexico Honey Market by Distribution Channel
5.4 Rest of North America Honey Market
5.4.1 Rest of North America Honey Market by Application
5.4.2 Rest of North America Honey Market by Distribution Channel
Chapter 6. Company Profiles
6.1 Dabur India Ltd.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Geographical Expansions:
6.1.5.2 Product Launches and Product Expansions:
6.2 Beeyond the Hive LLC
6.2.1 Company Overview
6.3 Patanjali Ayurved Limited
6.3.1 Company Overview
6.4 Capilano Honey Ltd.
6.4.1 Company Overview
6.4.2 Recent strategies and developments:
6.4.2.1 Product Launches and Product Expansions:
6.5 Barkman Honey, LLC
6.5.1 Company Overview
6.6 Bee Maid Honey Ltd.
6.6.1 Company Overview
6.7 Dutch Gold Honey, Inc.
6.7.1 Company Overview
6.8 New Zealand Honey Co. (Comvita)
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Product Launches and Product Expansions:
6.8.2.2 Acquisition and Mergers:
6.9 HoneyLab Ltd.
6.9.1 Company Overview
6.9.2 Recent strategies and developments:
6.9.2.1 Partnerships, Collaborations, and Agreements:
6.10. Rowse Honey Ltd. (Valeo foods U.K. Limited)
6.10.1 Company Overview
6.10.2 Recent strategies and developments:
6.10.2.1 Product Launches and Product Expansions:
TABLE 1 North America Honey Market, 2016 - 2019, USD Million
TABLE 2 North America Honey Market, 2020 - 2026, USD Million
TABLE 3 North America Honey Market by Application, 2016 - 2019, USD Million
TABLE 4 North America Honey Market by Application, 2020 - 2026, USD Million
TABLE 5 North America Food & Beverages Market by Country, 2016 - 2019, USD Million
TABLE 6 North America Food & Beverages Market by Country, 2020 - 2026, USD Million
TABLE 7 North America Personal Care & Cosmetics Market by Country, 2016 - 2019, USD Million
TABLE 8 North America Personal Care & Cosmetics Market by Country, 2020 - 2026, USD Million
TABLE 9 North America Pharmaceutical Market by Country, 2016 - 2019, USD Million
TABLE 10 North America Pharmaceutical Market by Country, 2020 - 2026, USD Million
TABLE 11 North America Honey Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 12 North America Honey Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 13 North America Online Honey Market by Country, 2016 - 2019, USD Million
TABLE 14 North America Online Honey Market by Country, 2020 - 2026, USD Million
TABLE 15 North America Supermarket/Hypermarket Market by Country, 2016 - 2019, USD Million
TABLE 16 North America Supermarket/Hypermarket Market by Country, 2020 - 2026, USD Million
TABLE 17 North America Convenience Stores Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Convenience Stores Market by Country, 2020 - 2026, USD Million
TABLE 19 North America Honey Market by Country, 2016 - 2019, USD Million
TABLE 20 North America Honey Market by Country, 2020 - 2026, USD Million
TABLE 21 US Honey Market, 2016 - 2019, USD Million
TABLE 22 US Honey Market, 2020 - 2026, USD Million
TABLE 23 US Honey Market by Application, 2016 - 2019, USD Million
TABLE 24 US Honey Market by Application, 2020 - 2026, USD Million
TABLE 25 US Honey Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 26 US Honey Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 27 Canada Honey Market, 2016 - 2019, USD Million
TABLE 28 Canada Honey Market, 2020 - 2026, USD Million
TABLE 29 Canada Honey Market by Application, 2016 - 2019, USD Million
TABLE 30 Canada Honey Market by Application, 2020 - 2026, USD Million
TABLE 31 Canada Honey Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 32 Canada Honey Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 33 Mexico Honey Market, 2016 - 2019, USD Million
TABLE 34 Mexico Honey Market, 2020 - 2026, USD Million
TABLE 35 Mexico Honey Market by Application, 2016 - 2019, USD Million
TABLE 36 Mexico Honey Market by Application, 2020 - 2026, USD Million
TABLE 37 Mexico Honey Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 38 Mexico Honey Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 39 Rest of North America Honey Market, 2016 - 2019, USD Million
TABLE 40 Rest of North America Honey Market, 2020 - 2026, USD Million
TABLE 41 Rest of North America Honey Market by Application, 2016 - 2019, USD Million
TABLE 42 Rest of North America Honey Market by Application, 2020 - 2026, USD Million
TABLE 43 Rest of North America Honey Market by Distribution Channel, 2016 - 2019, USD Million
TABLE 44 Rest of North America Honey Market by Distribution Channel, 2020 - 2026, USD Million
TABLE 45 key Information – Dabur India Ltd.
TABLE 46 key information – Beeyond the Hive LLC
TABLE 47 Key Information – Patanjali Ayurved Limited
TABLE 48 Key Information – Capilano Honey Ltd.
TABLE 49 key Information – Barkman Honey, LLC
TABLE 50 Key Information – Bee Maid Honey Ltd.
TABLE 51 key information –Dutch Gold Honey, Inc.
TABLE 52 Key Information – New Zealand Honey Co.
TABLE 53 Key Information – HoneyLab Ltd.
TABLE 54 Key Information – Rowse Honey Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Dabur India Ltd.
FIG 3 Recent strategies and developments: New Zealand Honey Co.