Market Overview
The global honey market size was valued at USD 9.73 Billion in 2024. It is projected to reach USD 15.18 Billion by 2033, exhibiting a CAGR of 5.72% between 2025 and 2033. The market growth is driven by increasing consumer demand for natural sweeteners, health benefits, and organic products, alongside the rising popularity of plant-based diets and honey’s versatile applications in food, beverages, and wellness products.
Study Assumption Years
-
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
Honey Market Key Takeaways
-
- The global honey market size was valued at USD 9.73 Billion in 2024.
- The market is forecast to grow at a CAGR of 5.72% during 2025-2033.
- Asia Pacific dominated the market with over 37.6% share in 2024.
- Rising consumer demand for natural and organic sweeteners due to health consciousness is a principal market driver.
- The trend of plant-based and clean-label diets is accelerating honey adoption as a healthier sugar alternative.
- Honey’s versatility in culinary and health applications fosters increased usage.
- Expanding natural cosmetics and personal care products using honey are catalyzing market growth.
Sample Request Link: https://www.imarcgroup.com/honey-market/requestsample
Market Growth Factors
The honey market is propelled by a surge in consumer demand for natural and organic sweeteners, motivated by increasing health awareness worldwide. The growing shift towards plant-based and clean-label diets supports honey's adoption as a preferable alternative to refined sugars. Honey’s inherent antimicrobial properties and antioxidants enhance its appeal in both food and wellness sectors.
The rising prevalence of chronic diseases such as diabetes and obesity further emphasizes the need for healthier sweetening options, driving consumers to choose honey over synthetic sweeteners. Hospitals and conventional therapies’ frequent use of honey for ailments such as sore throat contribute significantly to rising demand.
Furthermore, the cosmetic and personal care industries increasingly utilize honey in natural skincare products like moisturizers, shampoos, and masks. The expansion of clean beauty trends coupled with consumer preferences for chemical-free, sustainable, and cruelty-free products fuels honey’s incorporation and market expansion in these sectors.
Market Segmentation
By Type:
-
- Buckwheat Honey: The largest segment in 2024 with around 30.0% market share, valued for its robust taste, nutritional, and immune-enhancing properties.
By Application:
-
- Food and Beverages: Dominated the market with approximately 65.8% share in 2024, driven by honey's natural flavor enhancement and sweetening role across confectionery, bakery, beverages, and sauces.
By Distribution Channel:
-
- Supermarkets and Hypermarkets: Held around 43.7% share in 2024, benefiting from their broad consumer reach, bulk storage capacity, brand variety, and promotional activities that boost honey sales.
Regional Insights
Asia Pacific held the largest market share at over 37.6% in 2024, due to significant honey production capabilities and increasing urbanization. Leading producers like China and India contribute extensive bee colonies producing multiple honey types. Growing health awareness, rising disposable incomes, and a burgeoning middle class further drive demand. This region also benefits from substantial market opportunities across food, cosmetics, and pharmaceutical sectors.
Recent Developments & News
-
- March 2025: Wisdom Natural Brands launched Drizzle Honey in the U.S., offering Golden Raw Honey, White Raw Honey, and Turmeric Gold Raw Honey at Fresh Thyme, Amazon, and its website.
- February 2025: Blue Diamond Almonds introduced Hot Honey Almonds in collaboration with Mike’s Hot Honey; this sweet-spicy snack is sold on Amazon and select Walmart locations.
- May 2024: Rowse Honey reintroduced its limited-edition ‘Hot Honey’ exclusively at Waitrose, featuring a spicy-sweet flavor in jagged plastic bottles.
- January 2024: Apis India Ltd launched Organic Honey emphasizing sustainability and responsible sourcing.
- January 2024: Dabur India Ltd invested around USD 0.16 billion in a new manufacturing plant in South India to produce Dabur Honey.
Key Players
-
- Barkman Honey LLC
- Bee Maid Honey Limited
- Beeyond the Hive
- Capilano Honey Ltd.
- Comvita Limited
- Dabur India Ltd.
- Dutch Gold Honey Inc.
- New Zealand Honey Co
- Oha Honey LP
- Patanjali Ayurved Limited
- Streamland Biological Technology Ltd.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
👉Get Custom Market Research for Your Business👈
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us
IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA,
Email: sales@imarcgroup.com,
Tel No: (D) +91 120 433 0800,
United States: +1-201971-6302
Comments (0)