According to Stratistics MRC, the Global Manuka Honey Market is accounted for $785.45 million in 2020 and is expected to reach $1,443.08 million by 2028 growing at a CAGR of 7.9% during the forecast period. Health benefits associated with manuka honey and the increasing use of manuka honey in the medical industry are the major factors propelling the market growth. However, high prices associated with manuka honey are hampering market growth.
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By geography, the Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing applications of honey, growing concentrated production, and many manufacturers in the region.
Some of the key players profiled in the Manuka Honey Market include Arataki Honey, Capilano Honey Ltd., Comvita Limited, Egmont Honey, Kirksbees Honey, Manuka Health, Manuka Honey USA LLC, Midland Holdings, Nature’s Way, New Zealand Honey Co, OHA Honey, Pure Honey New Zealand, Streamland Biological Technology Limited, The True Honey Co, and Watson And Sons.
Natures Covered:
• Organic
• Conventional
Distribution Channels Covered:
• Convenience Stores
• Online Stores
• Supermarkets/Hypermarkets
• Specialty Stores
• E-Retail
• Business-to-Business (B2B)
• Business-to-Customer (B2C)
• E-Commerce
Products Covered:
• Raw Manuka Honey
• Processed Manuka Honey
Types Covered:
• UMF 5+/MGO 83 Mg/Kg (Ppm)
• UMF 10+/MGO 263 Mg/Kg (Ppm)
• UMF 15+/MGO 514 Mg/Kg (Ppm)
• UMF 20+/MGO 829 Mg/Kg (Ppm)
Functions Covered:
• Sweetener
• Anti-Inflammatory
• Antibacterial
Usages Covered:
• Oral
• External Use
Applications Covered:
• Digestion and Inflammation Treatment
• Wound-Care and Skincare Products
• Fruits & Vegetables
• Oilseeds & Pulses
• Cereals & Grains
• Turfs & Ornamentals
• Domestic
• Hospital
End Users Covered:
• Bakery & Confectionery
• Pharmaceuticals
• Cosmetics & Personal Care
• Dairy Products
• Food & Beverage Industry
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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