Organic Honey Market | New Product Launches to Boost the Market Growth | Technavio

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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Report Highlights:

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

Preface
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

Overview
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

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KEYWORD:

INDUSTRY KEYWORD: RETAIL AGRICULTURE NATURAL RESOURCES FOOD/BEVERAGE

SOURCE: Technavio Analysis

PUB: 10/09/2020 10:45 PM/DISC: 10/09/2020 10:45 PM