LONDON–(BUSINESS WIRE)–Oct 9, 2020–
The worldwide natural honey market measurement is poised to develop by USD 611.1 million throughout 2020-2024, progressing at a CAGR of over 10% all through the forecast interval, in response to the newest report by Technavio. The report affords an up-to-date evaluation relating to the present market situation, newest traits and drivers, and the general market surroundings. The report additionally supplies the market affect and new alternatives created as a result of COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
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Technavio has introduced its newest market analysis report titled International Natural Honey Market 2020-2024 (Graphic: Enterprise Wire)
The rising demand for a nutritious diet and comfort has led to the emergence of a number of merchandise in varied sorts, flavors, colours, and packaging. The demand for natural honey has prompted distributors to launch merchandise that may enhance their model visibility and broaden buyer base. Innovation and adoption of latest methods in response to the enterprise surroundings allow the businesses to introduce modern natural honey merchandise. The introduction of merchandise in several packs and flavors will considerably affect natural honey market development over the forecast interval.
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- The foremost natural honey market development got here from the offline distribution channel section. Hypermarkets and supermarkets are the 2 main offline channels for the gross sales of natural merchandise, which helps customers to select from a variety of natural honey flavors. The straightforward availability, prolonged hours of operations, and accessibility to varied retailers having a broad merchandise combine will enhance the demand for natural honey.
- Europe was the biggest marketplace for natural honey in 2019, and the area will supply a number of development alternatives to market distributors in the course of the forecast interval. There’s a rising desire amongst customers within the area for wholesome and comfort packaged meals, together with natural honey. This can enhance the gross sales of the product by each offline and on-line distribution channels.
- The worldwide natural honey market is fragmented. Comvita Ltd., Dutch Gold Honey, Langnese Honig GmbH & Co., Little Bee Impex, Madhava Honey Ltd., Manuka Well being New Zealand, Nature Nate’s, Rowse Honey Ltd., Wedderspoon Natural Inc., and Y.S. Natural Bee Farms. are a number of the main market contributors. To assist purchasers enhance their market place, this natural honey market forecast report supplies an in depth evaluation of the market leaders.
- Because the enterprise affect of COVID-19 spreads, the natural honey market 2020-2024 is predicted to have Constructive and Superior development. Because the pandemic spreads in some areas and plateaus in different areas, we reevaluate the affect on companies and replace our report forecasts.
Learn the total report right here:https://www.technavio.com/report/report/organic-honey-market-industry-analysis
Rising Import of Pure Honey will probably be a Key Market Development
There’s in depth use of natural honey as an lively ingredient in cosmetics and private care merchandise, meals and drinks, and prescription drugs industries. There’s additionally a rise within the variety of product launches in several flavors, sorts, and packs. Such elements, coupled with the rising shopper consciousness in regards to the varied well being advantages of utilizing natural honey will enhance honey imports. The US, Germany, France, Japan, the UK, Italy, and Belgium are a number of the crucial honey importing nations. The rising imports of pure honey are one of many vital natural honey market traits that may have an effect on the market panorama. On account of these elements, the market will develop throughout 2020-2024.
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Natural Honey Market 2020-2024: Key Highlights
- CAGR of the market in the course of the forecast interval 2020-2024
- Detailed info on elements that may help natural honey market development in the course of the subsequent 5 years
- Estimation of the natural honey market measurement and its contribution to the father or mother market
- Predictions on upcoming traits and modifications in shopper conduct
- The expansion of the natural honey market
- Evaluation of the market’s aggressive panorama and detailed info on distributors
- Complete particulars of things that may problem the expansion of natural honey market distributors
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Foreign money conversion charges for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market traits
- Market segmentation evaluation
- Worth chain
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market measurement and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining energy of consumers
- Bargaining energy of suppliers
- Menace of latest entrants
- Menace of substitutes
- Menace of rivalry
- Market situation
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Market segmentation by distribution channel
- Comparability by distribution channel
- Offline – Market measurement and forecast 2019-2024
- On-line – Market measurement and forecast 2019-2024
- Market alternative by distribution channel
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparability
- Europe – Market measurement and forecast 2019-2024
- North America – Market measurement and forecast 2019-2024
- APAC – Market measurement and forecast 2019-2024
- South America – Market measurement and forecast 2019-2024
- MEA – Market measurement and forecast 2019-2024
- Key main nations
- Market alternative
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Rising imports of pure honey
- Enhance in variety of non-public label merchandise
- Development in on-line retailing globally
PART 12: VENDOR LANDSCAPE
- Panorama disruption
- Aggressive situation
PART 13: VENDOR ANALYSIS
- Distributors coated
- Vendor classification
- Market positioning of distributors
- Comvita Ltd.
- Dutch Gold Honey
- Langnese Honig GmbH & Co. KG
- Little Bee Impex
- Madhava Honey Ltd.
- Manuka Well being New Zealand
- Nature Nate’s
- Rowse Honey Ltd.
- Wedderspoon Natural, Inc.
- Y.S. Natural Bee Farms
PART 14: APPENDIX
- Analysis methodology
- Record of abbreviations
- Definition of market positioning of distributors
PART 15: EXPLORE TECHNAVIO
Technavio is a number one international know-how analysis and advisory firm. Their analysis and evaluation focuses on rising market traits and supplies actionable insights to assist companies establish market alternatives and develop efficient methods to optimize their market positions. With over 500 specialised analysts, Technavio’s report library consists of greater than 17,000 stories and counting, protecting 800 applied sciences, spanning throughout 50 nations. Their shopper base consists of enterprises of all sizes, together with greater than 100 Fortune 500 corporations. This rising shopper base depends on Technavio’s complete protection, in depth analysis, and actionable market insights to establish alternatives in present and potential markets and assess their aggressive positions inside altering market eventualities.
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INDUSTRY KEYWORD: RETAIL AGRICULTURE NATURAL RESOURCES FOOD/BEVERAGE
SOURCE: Technavio Analysis
Copyright Enterprise Wire 2020.
PUB: 10/09/2020 10:45 PM/DISC: 10/09/2020 10:45 PM
Copyright Enterprise Wire 2020.