The “Organic Honey” is produced from the pollen of organically grown plants, and without chemical miticides to treat the bees. Buying organic honey ensures that consumers can avoid contact with pesticides that may be sprayed on or near the plants visited by honeybees. The demand for organic honey has gained traction, owing to increase in awareness to be healthy among consumers is further giving a boost the organic honey market.
The global organic honey market was valued at $605 million in 2020, and is expected to reach $1,060.40 million by 2030 at a CAGR of 5.50%.
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Key Findings of the Study
- By type, the organic honey market size of buckwheat segment remained the dominant segment in 2020, and is expected to gain market share in the coming years.
- By application, food & beverages sector is anticipated to grow with a moderate CAGR during the organic honey market forecast period.
- By region, North America led in terms of the global organic honey market share in 2020, and is expected to retain its dominance during the forecast period.
Leading Players:
The players operating in the global organic honey market have adopted various developmental strategies to increase their market share, gain profitability, and remain competitive in the market. The key players operating in the organic honey market include- Barkman Honey, LLC, Dabur Ltd, GloryBee, Inc., Heavenly Organics, LLC, Little Bee Impex, Nature Nate’s Honey Co., McCormick & Company, Madhava Honey LTD, Rowse Honey Ltd and Dutch Gold Honey, Inc.
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The rapid spread of coronavirus has disrupted the supply chain of the organic honey market, owing to which the companies faced a minor downfall in the initial phase of the COVID-19 pandemic, as the production without the labor force was not that easy, and the transportation faced minor challenges, however, soon they managed to maintain the availability of their products in different supply channels of the market.
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