About Dry Honey Product
Dried honey is just dehydrated honey that is made from clover honey by using a dehydrator or oven. Dry honey is available in many different types like granulated, powder, candy, etc., and is used as per the applications. Granulated honey is widely used in various baked foods, candies, and sauces, marinades, vinaigrettes, and brines. In today’s time, dried honey is becoming more popular over sugar as honey is completely natural and has various health benefits. Honey comes in liquid form and has less shelf life that makes it challenging for use in different applications. To overcome this honey is dehydrated to give different forms like powder. Other than the foods, dried honey is also used in personal care and cosmetics products, and medicinal applications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dry Honey Product market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SAIPRO Biotech (India), Holy Natural (India), Hoosier Hill Farm (United States), Augason Farms (United States), SpiceJungle (United States), Archer Daniels Midland (United States), Natural Sourcing LLC (United States), Mitthi Foods (India), DÖHLER (Germany) and Island Abbey Foods (Canada) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dry Honey Product market by Type (Powder, Candy, Granules, Lozenges and Others), Application (Food & Beverages, Personal Care, Cosmetics and Others) and Region.
On the basis of geography, the market of Dry Honey Product has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Dry Honey Product market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Honey Powder in Skincare and Personal Care Products
Market Growth Drivers:
Growing Consumption of Honey in Various Food Products and Beverages as an Alternative to Sugar
Challenges:
Availability of Other Substitutes Such as Garlic powder, Chopped Chives, Onion Flakes, Etc.
Opportunities:
Increased Manufacturing and Adoption of Dry Honey Product to Overcome Storing Issue of Liquid Honey
Market Leaders and their expansionary development strategies
In February 2023, Walking the less tread path, a Farmer Producer Organisation (FPO) or Farmer Producer Company (FPC) at Puttur in Dakshina Kannada has launched value-added products of honey and its wax, produced from its farmer members.
In March 2023, Bagrrys India, a leading breakfast cereals & health food brand in India that make products such as oats, mueslis, corn flakes, muesli bars, nut butters, bran etc. has announced the launch of Bagrry’s Organic Wild Honey. By foraying into the premium honey and preserves category, the brand aims to enhance the overall experience of consuming 100% natural organic honey by providing a wholesome and nutritious solution.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Onion Powder Manufacturers, Suppliers and Distributors of Onion Powder, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End- Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.