Organic Honey Market is estimated to be US$ 1528.40 million by 2030 with a CAGR of 7.50% during the forecast period

 

Organic Honey market accounted for US$ 743.23 million in 2020 and is estimated to be US$ 1528.40 million by 2030 and is anticipated to register a CAGR of 7.50%. Organic honey is honey made without the use of chemical miticides to treat bees and from pollen from organically grown plants. Organic honey is free of pesticides since it is not sprayed on or near the plants that honeybees visit. Organic honey is also obtained directly from the colony of bees. Small bugs and debris, such as beeswax, pollen, and parts of dead bees, are routinely removed from honey by the beekeeper. Various government authorities certify this type of honey, depending on the continent. To obtain these certifications, the beekeeper must adhere to a set of tight norms and regulations throughout the extraction, packing, and transportation processes.

The report " Global Organic Honey Market, By Type (Mixed Organic Honey, Manuka Organic Honey, Clover Organic Honey, and Other Organic Honey), By Application (Glass Jar and Plastic Containers), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029”

Key Highlights:

·         In 2022, Western Australian start-up raises $1.5 million to make honey Australia’s next big export. Australian Honey Ventures (AHV) launched its Birchal campaign last week, with a minimum target of $500,000 and a maximum of $3 million.

·         In 2021, Amazon recently revealed its intention to purchase Whole Foods Market, a grocery chain specialising in natural and organic foods, in order to enhance its honey sales.

Analyst View:

Increasing demand for the organic honey among general people will boost up the market. Also, rising consciousness about advantages of organic products over the chemical based products & beneficial aspect of honey on consumption will enhance the market growth. Introduction of various types of organic honey will expected to drive the market in forecast period. The growth of the health conscious population resulted into increasing demand of organic products will expected to drive the market growth in the forecast period. Government initiatives for agribusinesses & key players investments in the research and development of various types of organic honey facilitates the Global Organic Honey Market growth in the forecast period.

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Key Market Insights from the report:

The Global Organic Honey market accounted for US$ 743.23 million in 2020 and is estimated to be US$ 1528.40 million by 2030 and is anticipated to register a CAGR of 7.50%. The Global Organic Honey Market is segmented based on the type, application, and region.

·         By Type, the Global Organic Honey Market is segmented into Mixed Organic Honey, Manuka Organic Honey, Clover Organic Honey, and Other Organic Honey.

·         By Application, the market is segmented in Glass Jar and Plastic Containers.

·         By region, the Global Organic Honey Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region is expected to dominate the Global Organic Honey Market in upcoming future owing to the increased demand for organic products and growth in consumption of organic honey by regional population.

Competitive Landscape:

The key players operating in the Global Organic Honey Market include Dutch Gold, Nature Nate’s, Rowse, Barkman Honey, Langnese, Little Bee Impex, GloryBee, Madhava Honey, Sue Bee, and Y.S. Organic Bee Farms.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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