Beyond its traditional use as a sweetener, honey is gaining traction as a wellness-enhancing product across various sectors. The pandemic has heightened interest in health and immunity, keeping honey in high demand. With widespread application in food and beverage products, cosmetics, and healthcare, honey continues to be a versatile and trusted ingredient in modern consumer lifestyles.
Key Takeaways
Market size projected to reach USD 15.4 billion by 2033
Anticipated CAGR: 5.2% from 2023 to 2033
Conventional honey dominates the market with 78.6% share
Food & Beverage application leads with 65.3% market share
Europe holds the largest regional share; Asia-Pacific shows fastest growth
Online retail segment to grow at 6.2% CAGR
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