How big is the Honey Market?
According to 6Wresearch internal database and industry insights, the
Global Honey Market was valued at USD 10.5 Billion in 2024 and is expected to reach USD 14.9 Billion by 2031, growing at a compound annual growth rate of 5.10% during the forecast period (2025-2031).
The market is witnessing growth due to rising consumer preference for natural sweeteners, increasing awareness about the health benefits of honey, and the expanding use of honey in food, pharmaceuticals, and cosmetics.
Key Growth Drivers of the Honey Market
- Increasing need of natural food and organic foods
- Greater understanding on the health beneficial properties of honey
- Growing ayurveda, personal care, and nutraceuticals applications
- Expansion in food and beverage functional industry
- Policies by the government to promote beekeeping and production of honey
Honey Market Trends
The honey market is experiencing a surge in demand for raw and organic honey, especially in urban health-conscious populations. E-commerce and direct-to-consumer models are gaining momentum, while flavored and infused honey variants are becoming popular. Packaging innovation and traceability technology are also shaping market preferences. Global brands are increasingly investing in sustainable sourcing and ethical beekeeping practices to build consumer trust.
Emerging Developments in the Honey Market
Firms are spending in blockchain as well as QR code-based traceability to ascertain product authenticity. Study is centred around how to improve shelf life with no nutrional loss. The use of honey-based products in the healthcare industry is becoming popular in the management of wounds and strengthening the immune system. Synthetic honey that contains no bees is also being tested out by the startups in order to cater to the needs of the vegan consumers. There is the monitoring of the hive health using AI and also patching up to increase the production of honey.
Major Companies in the Honey Market
- Dabur India Ltd.
- Patanjali Ayur Ved
- Comvita Ltd.
- Capilano Honey Ltd.
- New Zealand Honey Co.
- Barkman Honey LLC
- Nature Nate’s Honey Co.
- Dutch Gold Honey Inc.
- Beeyond the Hive
- Billy Bee Honey Products
How big is the Honey Market : FAQ's
The honey market was valued at USD 10.5 billion in 2024 and is projected to reach USD 14.9 billion by 2031.
The market is expected to grow at a CAGR of 5.10% from 2025 to 2031.
Health awareness, preference for natural sweeteners, and its increasing use in food and pharma.
Asia-Pacific leads in production, while North America and Europe are major consumers.
Organic variants, traceability tech, e-commerce growth, and ethical sourcing.
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