UK Honey Market By Application (Food & Beverages, Personal Care & Cosmetics and Pharmaceutical), By Distribution Channel (Online, Supermarket/Hypermarket and Convenience Stores), Opportunities and Trends Analysis Report and Forecast 2020 - 2026
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Get in-depth analysis of the COVID-19 impact on the UK Honey Market
Market Report Description
The UK Honey Market would witness market growth of 10.1% CAGR during the forecast period (2020-2026). Honey is a semi-liquid sweet syrupy substance that is produced by honeybees. It is produced by the enzymatic and regurgitation activity of the bees.
The Codex Alimentarius Commission(CAC) and European union(EU) defined honey as a natural sweet substance produced by bees from nectar. They store honey in their honeycomb. It is naturally occurring sugar. Honey is highly nutritious and has antimicrobial properties. Honey is composed of sugars, proteins, amino acids, vitamins and minerals.
Beekeeping is considered as an ancient tradition in Europe. The national honey monitoring scheme of UK promote the production of honey in the country. This scheme helps the amateur and professional beekeepers with advanced techniques to improve the quality of honey produced. In UK, weather is one of the decisive factors in beekeeping. The Food and Agriculture Organization of the United Nations (FAO) has reported that there is significant decrease in the number of bees in the established colony. Heather hills is one of the key supplier of honey in UK. A scientific study at Glasgow University showed that the Scottish honey is very effective in healing. London Honey Producers is a well renowned company in Honey market of UK. This Capital Bee is putting its best effort to increase the honey production throughout the country. It also offers training and educational visits to the amateur beekeepers.
The sudden outbreak of Covid-19 has disrupted the export and import in the European market. Among these, UK was hit hard by the lockdown. The honey industry has been adversely affected by the COVID-19, not only production but it risk the livelihood of the beekeepers. There were reduced productivity and restricted supply chain that imposed challenges for the trade in UK.
The demand of honey has risen in the past few years. European honey industry is the second largest producer of honey. But the local production is not sufficient. There is consumption of about 43,000 tons of honey per year in UK. Out of this, 95% of the honey demand is fulfilled by import different countries. There are huge opportunities for the new supplier of honey in UK. Qualities of honey depend on the quality of flower from which nectar is collected by the bees as well as how the raw honey is processed. The Codex Alimentaris of UN states that any product labelled as honey must be naturally obtained without any adulteration. Honey is classified on the basis of origin and processing system.
Honey possesses distinct composition & chemical properties and can be stored for a longer period of time. Due to its nutritional benefits and medicinal properties, people consume honey. Bernardus Adrianus van Ketelin his research demonstrated antibacterial properties of honey. Honey works synergistically with herbs. The WHO recommends the use of honey for treating cough and sore throat. Moreover, honey is also proven to be helpful in healing wounds. Honey is commonly used in processed foods, beverages, jellies, and jams.
Scope of the Study
Market Segments Covered in the Report:
- Food & Beverages
- Personal Care & Cosmetics
By Distribution Channel
- Convenience Stores
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