The global dried honey market is forecasted to reach USD 1,720 million by 2032, up from USD 780 million in 2022, growing at a CAGR of 7.9% over the decade.
Honey is renowned for being an excellent source of energy that boosts the immune system. Since dried honey retains its nutritional value, the global dried honey market is expected to experience significant growth in the coming years. Additionally, honey is increasingly seen as a healthier alternative to sugar, particularly for individuals with diabetes.
Key players in the personal care sector are prioritizing the use of naturally and ethically sourced ingredients in their products, which is boosting the demand for dried honey. Additionally, dried honey is considered more cost-effective compared to traditional honey and other sweeteners. This affordability is driving food service providers to adopt dried honey as a substitute for conventional sweeteners.
The pharmaceuticals vertical is also incorporating dried honey in it. The modern-day natural cough syrups can’t be imagined without honey in it. Dried honey certainly helps over here as it is long-lasting and easy to store.
Key Takeaways from Dried Honey Market
- North America holds the largest market share with the US being subject to an ever-increasing utilization of dried honey in cosmetics and personal care. Plus, the end-consumers are showing interest in health-enhancing foodstuff. Dried honey being easy to store and transport, is in great demand all through.
- Europe holds the second-largest market share along the lines mentioned above.
- The Asia-Pacific is expected to witness growth at a rapid pace in the dried honey market on the back of well-organized apiculture being encouraged throughout.
Competitive Analysis
- Hoosier Hill Farm has its premium honey powder made up of sweet clover honey. It is used in the form of a natural sweetener for dry rubs, barbecue baste, bread mixes, and desserts. Freezing is not preferred.
- Augason farms is known for producing high-quality, tasty items to cater to emergency storage needs. It could be used on muffins, rolls or breads.
- Wuhu Deli Food Co., Ltd. has its honey products that have obtained HACCP, KOSHER, QS, HALAL certificates.
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Key Segments Profiled in the Dried Honey Market Survey
By Method:
- Dried Honey Blend
- Spray Dried Honey
- Others
By Nature:
- Organic
- Conventional
By End Use:
- Food and Beverages
- Special Dietary Formulations
- Vinaigrettes
- Sauces
- Brines
- Marinades
- Bakery Products
- Confectionery
- Glazes
- Health Foods
- Seasonings
- Dry Mixes
- Beverages
- Personal Care and Cosmetics
- Others (Pharmaceuticals, etc.)
By Flavours:
- Honey (100%)
- Honey with Menthol
- Honey with Lemon
- Honey with Eucalyptus
- Honey with Other Flavours
By Form:
- Powder
- Granular
By Sales Channel:
- Direct Sales/B2B
- Indirect Sales/B2C
- Supermarket/Hypermarket
- Retail Stores
- Specialty Stores
- General Grocery Stores
- Online Stores
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