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Global Manuka Honey Industry Market Dynamics & Strategic Insights 2021-2030
Manuka honey is derived from the manuka tree. It is widely used in several applications in the food and beverage and cosmetic industries. Manuka honey is most popular across the globe due to various skin and health benefits associated with it. Also, manuka honey is widely used in the pharmaceutical industry due to various medicinal properties associated with it such as anti-inflammatory, antibacterial, antioxidant, and others. The UMF (Unique Manuka Factor) is a quality trademark for the identification of natural Manuka honey.
Global Manuka Honey Market іѕ ѕеgmеntеd on the bаѕіѕ оf Nature (Conventional, and Organic) Form (Processed Manuka Honey, and Raw Manuka Honey) Product Type (UMF 20+ Manuka Honey, UMF 15+ Manuka Honey, UMF 10+ Manuka Honey, UMF 5+ Manuka Honey) Application (Pharmaceutical, Cosmetic and Personal Care, Food and Beverage) Sales Channel (Supermarkets/Hypermarkets, E-commerce, Specialty Stores, and Convenience Stores) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Manuka Honey Market wаѕ vаluеd аt UЅD 375 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 10.8% frоm 2021 tо 2030.
The report on Global Manuka Honey Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Manuka Honey Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Manuka Honey Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Manuka Honey Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Manuka Honey Market.
Market Dynamics:
Increasing adoption of manuka honey in several applications among many industries such as pharmaceutical, food, and beverage, cosmetic and personal care coupled with the growing demand for healthier food products across the globe are major factors expected to drive the growth of the target market. Also, the rising popularity of manuka honey among individuals, due to anti-oxidant, improve oral health, anti-inflammatory, improve digestive health, prevent gastric ulcers improve the immune system, and other properties. These are key factors expected to boost the global manuka honey market growth during the forecast period. The growing adoption of manuka honey for various treatments such as wounds, eczema, burns, acne, and others is a factor expected to support the growth of the global manuka honey market. The rising use of manuka honey in various herbal and natural beauty care products is a factor projected to fuel the growth of the global market during the forecast period. Furthermore, rising automation in the manuka honey production process by major manuka honey manufacturers leads to higher production is a factor projected to support the global manuka honey market growth.
However, some side effects associated with manuka honey such as allergic reaction, elevated blood sugar, and others is a key factor expected to restraint growth of the global market.
Segmental Analysis:
Among the nature segments, the organic segment is accounted is expected for a significant revenue share in the global manuka honey market, due to the increasing preference of consumers for organic beverages.
Among the form industry segment, the raw manuka honey segment is expected to dominate the target market over the forecast period.
Among the product type, the UMF 15+ Manuka Honey segment is anticipated to register significant revenue growth in the global market.
Among the application segments, the food & beverage segment is expected to dominate the global manuka honey market over the forecast period. Growing demand for natural sweeteners over artificial ones and the health benefits of manuka honey are factors expected to drive the growth of the segment over the forecast period.
Among the sales channel segments, the hypermarket/ supermarket segment is projected to account for the highest revenue share contribution in the target market. The E-commerce segment is anticipated to register a significant CAGR in the target market.
Regional Analysis:
The Asia Pacific manuka honey market is expected to account for a major share in terms of revenue in the global market over the forecast period. This is attributed to increasing preference for a healthy diet and rising adoption of herbal cosmetic products in the countries in these regions. North America market is expected to register significant growth in the global market, due to rising export and import of manuka honey and high consumption of bakery and confectionery products in developed countries such as Canada and the US in this region.
Global Manuka Honey Market Segmentation:
Segmentation by Nature:
• Conventional
• Organic
Segmentation by Form:
• Processed Manuka Honey
• Raw Manuka Honey
Segmentation by Product Type:
• UMF 20+ Manuka Honey
• UMF 15+ Manuka Honey
• UMF 10+ Manuka Honey
• UMF 5+ Manuka Honey
Segmentation by Application:
• Pharmaceutical
• Cosmetic and Personal Care
• Food and Beverage
Segmentation by Sales Channel:
• Supermarkets/Hypermarkets
• E-commerce
• Specialty Stores
• Convenience Stores
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Manuka Health New Zealand Ltd.
ManukaMed Limited
Watson & Son Limited
KirksBees Honey Pty Ltd
Comvita Limited
Capilano Honey Limited
Nature's Way Products, LLC
Apihealth NZ Ltd.
Cammells Honey
Streamland Biological Technology Limited
Global Manuka Honey Market іѕ ѕеgmеntеd on the bаѕіѕ оf Nature (Conventional, and Organic) Form (Processed Manuka Honey, and Raw Manuka Honey) Product Type (UMF 20+ Manuka Honey, UMF 15+ Manuka Honey, UMF 10+ Manuka Honey, UMF 5+ Manuka Honey) Application (Pharmaceutical, Cosmetic and Personal Care, Food and Beverage) Sales Channel (Supermarkets/Hypermarkets, E-commerce, Specialty Stores, and Convenience Stores) and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
The Global Manuka Honey Market wаѕ vаluеd аt UЅD 375 Мn іn 2020 іѕ рrојесtеd tо іnсrеаѕе ѕіgnіfісаntlу аt а САGR оf 10.8% frоm 2021 tо 2030.
The report on Global Manuka Honey Market which оffеrѕ іn-dерth аnаlуѕіѕ оn mаrkеt drіvеrѕ, rеѕtrаіntѕ, орроrtunіtіеѕ, trеndѕ, and other important information regarding the Global Manuka Honey Market. This rероrt іnсludеs quаlіtаtіvе іnfоrmаtіоn and quаntіtаtіvе аnаlуѕіѕ оf vаrіоuѕ ѕеgmеntѕ іn tеrmѕ оf mаrkеt ѕhаrе, grоwth, орроrtunіtу аnаlуѕіѕ, mаrkеt value, еtс. fоr thе fоrесаѕt уеаrѕ. The report offers detailed information regarding the various key players operating in the Global Manuka Honey Market, their financials, key developments, supply chain trends, technological innovations, apart from future strategies, acquisitions & mergers, market footprint, and COVID-19 Analysis. This report is based on analysis, synthesis, and interpretation of the information gathered regarding the Global Manuka Honey Market from various sources. We analyzed the data and information and gained insights using primary and secondary research efforts with the primary objective to provide a holistic view of the Global Manuka Honey Market.
Market Dynamics:
Increasing adoption of manuka honey in several applications among many industries such as pharmaceutical, food, and beverage, cosmetic and personal care coupled with the growing demand for healthier food products across the globe are major factors expected to drive the growth of the target market. Also, the rising popularity of manuka honey among individuals, due to anti-oxidant, improve oral health, anti-inflammatory, improve digestive health, prevent gastric ulcers improve the immune system, and other properties. These are key factors expected to boost the global manuka honey market growth during the forecast period. The growing adoption of manuka honey for various treatments such as wounds, eczema, burns, acne, and others is a factor expected to support the growth of the global manuka honey market. The rising use of manuka honey in various herbal and natural beauty care products is a factor projected to fuel the growth of the global market during the forecast period. Furthermore, rising automation in the manuka honey production process by major manuka honey manufacturers leads to higher production is a factor projected to support the global manuka honey market growth.
However, some side effects associated with manuka honey such as allergic reaction, elevated blood sugar, and others is a key factor expected to restraint growth of the global market.
Segmental Analysis:
Among the nature segments, the organic segment is accounted is expected for a significant revenue share in the global manuka honey market, due to the increasing preference of consumers for organic beverages.
Among the form industry segment, the raw manuka honey segment is expected to dominate the target market over the forecast period.
Among the product type, the UMF 15+ Manuka Honey segment is anticipated to register significant revenue growth in the global market.
Among the application segments, the food & beverage segment is expected to dominate the global manuka honey market over the forecast period. Growing demand for natural sweeteners over artificial ones and the health benefits of manuka honey are factors expected to drive the growth of the segment over the forecast period.
Among the sales channel segments, the hypermarket/ supermarket segment is projected to account for the highest revenue share contribution in the target market. The E-commerce segment is anticipated to register a significant CAGR in the target market.
Regional Analysis:
The Asia Pacific manuka honey market is expected to account for a major share in terms of revenue in the global market over the forecast period. This is attributed to increasing preference for a healthy diet and rising adoption of herbal cosmetic products in the countries in these regions. North America market is expected to register significant growth in the global market, due to rising export and import of manuka honey and high consumption of bakery and confectionery products in developed countries such as Canada and the US in this region.
Global Manuka Honey Market Segmentation:
Segmentation by Nature:
• Conventional
• Organic
Segmentation by Form:
• Processed Manuka Honey
• Raw Manuka Honey
Segmentation by Product Type:
• UMF 20+ Manuka Honey
• UMF 15+ Manuka Honey
• UMF 10+ Manuka Honey
• UMF 5+ Manuka Honey
Segmentation by Application:
• Pharmaceutical
• Cosmetic and Personal Care
• Food and Beverage
Segmentation by Sales Channel:
• Supermarkets/Hypermarkets
• E-commerce
• Specialty Stores
• Convenience Stores
Segmentation by region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players:
Manuka Health New Zealand Ltd.
ManukaMed Limited
Watson & Son Limited
KirksBees Honey Pty Ltd
Comvita Limited
Capilano Honey Limited
Nature's Way Products, LLC
Apihealth NZ Ltd.
Cammells Honey
Streamland Biological Technology Limited
Scope:
| Report Data | Market |
| Forecast 2022 | XX million/billion (2022-2032) |
| CAGR 2022 - 2032 | % |
| Analysis Period | 2022 - 2032 |
| Base Year | 2021 |
| Forecast Data | 2022 - 2032 |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the ?
The current market value for is expected USD XX million/billion by 2022.
What is the CAGR of the Market?
The is to grow at a CAGR of 5.3% during the forecast by 2032.
What is the Market segment?
On the basis of type, the is segmented into Types.
Who are the key players operating in the ?
The major players operating in the are Company.
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