Europe Honey Market: Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Type, Application, Packaging, and Region

  • Europe Honey Market was valued at USD 2.85 billion in 2020. Europe Honey Market size is estimated to grow at a CAGR of 8 % over the forecast period.

  • Format : PDF | Report ID : SMR_504

Europe Honey Market Definition:

Bees and other insects make honey, which is a viscous, sweet dietary material. Honey is made by bees from sugary plant secretions and stored in honeycomb, whilst other insects make it by regurgitation and enzymatic activity. Because of its particular makeup and chemical qualities, it is excellent for long-term preservation. It's popular because of its antibacterial characteristics, which help with debridement and speed up the healing process by stimulating wound tissues.

 

Europe Honey Market Dynamics:

Europe and the United States are the two largest purchasers of honey produced around the world. Europe has grown its honey exporters over the previous 15 years, with China being the primary consumer. There are around 612,000 beekeepers and 18 million hives in the European Union, producing over 280,000 tonnes of honey per year, in addition to beeswax, pollen, royal jelly, and propolis. Honey is a delicious natural material created by the bee Apis mellifera from plant nectar that bees collect, change by mixing them with their own particular components, deposit, dehydrate, store, and leave in hives to mature.

 

Bees pollinate wild crops and plants; therefore, the beekeeping industry in Europe is tiny but crucial for agriculture, food security, and biodiversity. Agricultural intensification, pesticide exposure, loss of bee habitat, and poor weather conditions all limit hive production capacity.

 

Honey can be found in a variety of beverages, processed meals, jams, and jellies, as well as in health and cosmetic treatments. The market demand is being aided by the simple availability of a wide range of these items, as well as the product's ability to impart a pleasing taste to food and beverage products. Honey also has a number of medicinal properties, such as the potential to increase metabolic activity, control blood pressure, reduce the risk of diabetes, and even cure burn wounds. As a result, it's widely employed in a variety of applications besides food and drinks, such as cosmetics and medicines, which is expected to boost the market growth.

 

Product manufacturers are coming up with fresh launches in order to engage a rising number of consumers. In July 2021, Dabur, for example, launched honey-infused syrups, a new line of syrups and spreads. It's a healthier alternative to regular strawberry syrups and sweet chocolates because it doesn't have any added sugar. Because of their rising health awareness, consumers are incorporating natural sweeteners into their diets and reducing their intake of white sugar. Because of their antioxidant and antibacterial properties, natural sweeteners are popular among consumers. In addition, the product's prolonged shelf life and low cost are crucial factors that contribute to market growth.

The EU has enacted food hygiene and safety laws that are more stringent than those in other parts of the world. Moreover, European purchasers may have much more stringent standards. These can include everything from composition requirements to color and taste preferences, as well as organic and Fairtrade certifications. As a result, DC exporters that solely follow EU regulatory standards may struggle to get into the market and target specific buyers.

 

Honey production has modest technology and capital requirements when compared to other industries. Honey processing equipment (extractor and homogenization tank) does not have to be expensive, and it is frequently simple to use. Simultaneously, the favorable market condition allows new entries into the EU honey industry. More particular, a significant decline in European bee numbers has resulted in a dip in production in recent years. Existing European suppliers' failure to supply the rising demand for honey continues to generate chances for DC exporters.

 

Europe Honey Market Segment Analysis:

By Application, in 2020, Food and Beverage held a 40 % share of the market. Honey is used as a sweetener and ingredient in the food and beverage industry, and it can also be consumed directly. Different types of this sweetener are used in place of or in combination with sugar to give confectionery products, beverages, and other baked goods a desirable taste and texture.

 

In the personal care and cosmetics industry, honey's use in soap, face wash, moisturizers, and other products is fast rising. This refers to a product's ability to maintain moisture in the skin, generate skin relaxing effects, and act as an anti-aging agent.

 

By Packaging, because they are easy to store and provide greater convenience than other types of packaging, glass and plastic bottles are the most used packing containers in Europe. Bottles come in a wide range of shapes and sizes, and they're easy to transport, so they're a popular choice among consumers. Glass jars are preferred by customers who want environmentally friendly, safe, and hygienic packaging.

 

In the foodservice end-use category, large tubs are becoming increasingly popular. As a result, tub-packed product demand is predicted to rise over the projection period.

Europe Honey Market

Europe Honey Market Key Players Insights:

The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a Europe presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.

 

The market's major companies have a significant impact because most of them have extensive Europe networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the Europe market, key players in the market, particularly in Europe, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.

 

The objective of the report is to present a comprehensive analysis of the Europe Honey market to the stakeholders in the industry. The report provides trends that are most dominant in the Europe Honey market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Europe Honey Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Europe Honey market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Europe Honey market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Europe Honey market.

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Europe Honey market. The report also analyses if the Europe Honey market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Europe Honey market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Europe Honey market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Europe Honey market is aided by legal factors.

 

Europe Honey Market Scope:

Europe Honey Market

Market Segmentation

 

Market Indicators:

Details

by Type

  • Alfalfa
  • Buckwheat
  • Wildflower
  • Clover
  • Acacia
  • Others
 

Historical Data:

2017-2020

by Application

  • Food & Beverages
  • Personal Care & Cosmetics
  • Pharmaceuticals
  • Others
 

Forecast Period:  

2022-2027

by Packaging

  • Glass Jar
  • Bottle
  • Tub
  • Tube
  • Others
 

by Country

  • Germany
  • Hungary
  • France
  • United Kingdom
  • Rest of Europe
 

Base Year:

2021

 

CAGR:

8 %

 

Market Size in 2020:

USD 2.85 Billion

 

Market size in 2027:

USD 4.52 Billion

 

 

EUROPE HONEY MARKET KEY PLAYERS: 

  • Pastili (Europe)
  • Bilbo Honey (Europe)
  • Comvita Limited (New Zealand)
  • Dabur India Ltd. (India)
  • Billy Bee Honey Products (Canada)
  • Barkman Honey LLC (United States)
  • Dutch Gold Honey Inc. (United States)
  • Golden Acres Honey (Canada)
  • Streamland Biological Technology Ltd. (New Zealand)
  • Rowse Honey Ltd (UK)


Frequently Asked Questions

The segments covered in the Honey Market report are based on Type, Application, and Packaging.

Scope of the Report

2. Research Methodology

  • Research Process
  • Europe Honey Market: Target Audience
  • Europe Honey Market: Primary Research (As per Client Requirement)
  • Europe Honey Market: Secondary Research

 

3. Executive Summary

 

4. Competitive Landscape

  1. Stellar Competition matrix
    • Europe Stellar Competition Matrix
  2. Key Players Benchmarking: - by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
  1. Mergers and Acquisitions in Industry:- M&A by Region, Value, and Strategic Intent
  2. Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
    • Market Challenges
    • PESTLE Analysis
    • PORTERS Five Force Analysis
    • Value Chain Analysis

 

5. Europe Honey Market Segmentation

  1. Europe Honey Market, by Type (2020-2027)
    • Alfalfa
    • Buckwheat
    • Wildflower
    • Clover
    • Acacia
    • Others
  1. Europe Honey Market, by Application (2020-2027)
    • Food & Beverages
    • Personal Care & Cosmetics
    • Pharmaceuticals
    • Others
  1. Europe Honey Market, by Packaging (2020-2027)
    • Glass Jar
    • Bottle
    • Tub
    • Tube
    • Others
  2. Europe Honey Market, by Country (2020-2027)
    • Germany
    • Hungary
    • France
    • United Kingdom
    • Rest of Europe

 

11. Company Profiles

  1. Key Players
    • Bee Maid Honey Limited (Canada)
      • Company Overview
      • Product Portfolio
      • Financial Overview
      • Business Strategy
      • Key Developments
    • Comvita Limited (New Zealand)
    • Capilano Honey Ltd. (Australia)
    • Dabur India Ltd. (India)
    • Billy Bee Honey Products (Canada)
    • Barkman Honey LLC (United States)
    • Yamada Bee Company (Japan)
    • Dutch Gold Honey Inc. (United States)
    • Golden Acres Honey (Canada)
    • Beeyond the Hive (United States).
    • Oha Honey LP ( New Zealand)
    • Little Bee Impex (India)
  1. Key Findings
  2. Recommendations

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