Global Honey Market Size & Outlook
The honey industry worldwide is expected to reach a projected revenue of US$ 13,574.7 million by 2030. A compound annual growth rate of 5.3% is expected of the worldwide honey industry from 2024 to 2030.
Revenue, 2023 (US$M)
$9,448.1
Forecast, 2030 (US$M)
$13,574.7
CAGR, 2024 - 2030
5.3%
Report Coverage
Worldwide
Global honey market, 2017-2030 (US$M)
Related Markets
Global honey market highlights
- The global honey market generated a revenue of USD 9,448.1 million in 2023 and is expected to reach USD 13,574.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.3% by 2030.
- In terms of segment, conventional accounted for a revenue of USD 7,572.8 million in 2023.
- Organic is the most lucrative processing segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 9,448.1 million |
| Market revenue in 2030 | USD 13,574.7 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic, Conventional |
Other key industry trends
- In terms of revenue, the North America accounted for 16.9% of the global honey market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 327.3 million by 2030.
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Honey Market Scope
Honey market segmentation & scope
Honey Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global honey market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to honey market will help companies and investors design strategic landscapes.
conventional was the largest segment with a revenue share of 80.15% in 2023. Horizon Databook has segmented the Global honey market based on organic, conventional covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Honey Processing Outlook (Revenue, USD Million, 2017-2030)
- Organic
- Conventional
- Global Honey Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Hypermarkets & Supermarkets
- Convenience Stores
- Online
- Others
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Target buyers of Global honey market databook
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Our clientele includes a mix of honey market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global honey market , including forecasts for subscribers. This global databook contains high-level insights into Global honey market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global honey market statistics, by region, 2017-2030 (US$M)
Top 10 countries: Honey market size, 2023 (USD Million)
Top 10 countries: Honey market size, 2023 (USD Million)
Global honey market, by region, 2023 (US$M)
Related regional statistics
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