The global honey market reached a value of US$ 8.38 Billion in 2021. As per the analysis by IMARC Group, the top honey companies are increasingly focusing on conducting extensive research and development (R&D) activities in order to continually improve the quality of honey and honey-based product. Furthermore, they are increasingly utilizing honey in the manufacturing of cough syrups across the pharmaceutical industry, which, in turn, is propelling the market growth. Additionally, the increasing demand for immunity-boosting products among the masses on account of the rapid outbreak of coronavirus disease (COVID-19) across the globe has encouraged leading companies to introduce fortified product variants in the market, thereby creating a positive outlook for the market. Other factors, including the rising utilization of honey in the formulation of various skincare products, easy product availability through online and offline organized retail channels, and the increasing investments by leading manufacturers and sellers for developing robust marketing strategies and celebrity endorsements, are further contributing to the market growth. On account of these factors, the market is expected to reach a value of US$ 11.64 Billion by 2027, growing at a CAGR of 5.55% during 2022-2027.
Request Free Sample Report: https://www.imarcgroup.com/honey-market/requestsample
Best Honey Companies in the World:
Barkman Honey LLC
Headquarter: Hillsboro, Kansas, United States
Barkman Honey LLC primarily involves manufacturing and selling high-quality and organic honey. The company is specialized in honeybee research, sustainable farming practices, habitat preservation, consumer education, and beekeeping traditions. The product portfolio of the company comprises a wide range of honey variants, including naked wild honey, busy bee, pure 'n simple, and thrifty bee.
Bee Maid Honey Limited
Headquarter: Manitoba, Canada
Bee Maid Honey Limited operates under the umbrella of Alberta Honey Producers Cooperative Limited. It is a marketer of homegrown honey with distribution centers around the world. The honey is manufactured by beekeepers in the Western Prairies, which is categorized under Canadian and International products. They include creamed, liquid, specialty, and premium clover honey. The company has adopted a unique packaging solution by using pictures of the beekeepers on the products in order to provide recognition to its hardworking employees. It has also introduced portable honey variants under the name of Li’l Honey that is packed in a squeeze tube format. The company sells its products through various retails, including Costco Wholesale Corporation, Safeway Inc., Sobeys Mississauga, T&T Supermarket, Quality Foods, Urban Fare, and Foodtown.
Beeyond the Hive
Headquarter: Colorado, United States
Beeyond the Hive is one of the oldest companies that is involved in the manufacturing and selling of honey and honey-based products. Its products include numerous varieties of edible honey, such as raw wildflower, raw clover, raw orange blossom, and creamed honey and honey stix. Along with this, they also engage in selling raw bulk honey and beeswax products, including lip balms, lotions, candles, and soaps. The company has partnered with numerous prominent brands to market their honey, including Avery Brewing, Beau Jo’s Pizza, Black-Eyed Pea, Black Forest Meadery, Boulder Beer Co., Breadworks, White Buffalo Kitchen, Sprouts Farmer Market, and The Real Dill.
Capilano Honey Ltd.
Headquarter: Queensland, Australia
Capilano Honey Ltd. is a leading Australian honey company that engages in the production, extraction, and storing of honey in compliance with an audited quality assurance program. The company offers a wide range of honey variants, including light and smooth, dark and bold, active and floral Manuka, yellow box, creamed, and low glycaemic index (GI). Along with this, it sells Capilano Beeotic Honey, which is a clinically tested prebiotic honey that aids in improving gut health. Moreover, the company has partnered with RedCycle and utilizes bisphenol A (BPA)-free packaging solution due to an enhanced focus on sustainable development. The company’s business operations span across Asia, Australia, Europe, the Middle East, and North America.
Headquarter: Te Puke, New Zealand
Comvita Limited is an international natural health products company that provides a variety of products in the categories of healthcare, functional foods, personal care and Manuka honey through online, wholesale, and retail stores worldwide. The company has entered into a strategic partnership with The Caravan Company, a North America- based company, in an attempt to amplify the awareness and benefits of Manuka honey. It also operates several subsidiaries under its umbrellas, such as Kiwi Honey Limited, Comvita Food (China) Limited, Waikato Honey Products Limited, Comvita UK Limited, and KiwiBee. It has several business units established worldwide, including New Zealand, China, Hong Kong, Australia, Japan, South Korea, UK, and USA.
Dabur India Ltd
Headquarter: Ghaziabad, India
Dabur India Ltd. is a fast-moving consumer goods (FMCG) company that manufactures ayurvedic medicines and natural consumer products. The company manufactures its products under the business fields of health supplements and beauty care through e-commerce websites, independent business owners, and supermarkets worldwide. The company has introduced Dabur Honey Tasties, a healthy Indian honey variant that is infused with chocolate and strawberry flavor, in an attempt to offer nutrition for kids with improved taste. The company’s manufacturing facilities are spread across the globe, with laboratories established in Ras al-Khaimah, Egypt, Turkey, Nigeria, and South Africa.
Dutch Gold Honey Inc.
Headquarter: Lancaster, United States
Dutch Gold Honey Inc. is a family-owned honey and food supplier company that engages in producing and supplying honey, maple syrup, honeycomb, and maple sugar. The company also sells its products under the brand of Mclure's Honey & Maple Products through the company’s website, e-commerce channels, conventional supply chain, non-GMO projects, and fair trades.
New Zealand Honey Co.
Headquarter: Mount Maunganui, New Zealand
New Zealand Honey Co. specializes in the production of raw Manuka honey, which has been awarded the Unique Manuka Factor (UMF) Certification for its authenticity and unique signature compounds. Their specialties are honey health drinks and bee products. Additionally, the company utilizes environmentally friendly packaging with BPA-free and reusable plastic jars in an attempt to reduce plastic usage. It sells its products around the world, including Australia, Canada, France, Germany, Italy, Japan, Netherlands, Saudi Arabia, Singapore, Spain, Sweden, UAE, UK, and the USA through Amazon marketplaces, the company’s online website, and retail outlets.
Oha Honey LP
Headquarter: Masterton, New Zealand
Oha Honey LP operates under the umbrella of their parent company Ngai Tahu, which is involved in the delivery of Manuka Honey across the world. It markets its products under Watson & Son black label. It has its operational units established network across five of the major honey producing regions in New Zealand and a processing and packaging facility in Wairarapa that enables it to produce high-quality products. Along with this, the company has its commercial team operating from Wellington that works with customers directly.
Patanjali Ayurved Limited
Headquarter: Haridwar, India
Patanjali Ayurved Limited is an Indian multinational consumer packaged goods company, which was established for creating a healthy society through Yog and Ayurved across urban and rural locations. The company’s products mainly include herbal and organic products, including natural health care, natural food products, ayurvedic medicine products, herbal home care, and natural personal care. The company sells its products through online portals, independent stores, pharma stores, and supermarkets. It has also established its office in Delhi with manufacturing units in the industrial area of Haridwar, Noida, Nagpur, and Indore.
Streamland Biological Technology Ltd.
Headquarter: Auckland, New Zealand
Streamland Biological Technology Ltd. involves the production of a wide range of honey and fruit-infused products. The company has partnered with local beekeeping associations across New Zealand to manufacture high-grade quality honey as mentioned in the Ethical Honey Harvest Programme. The company’s honey product range includes fruit, flower, native, and kids honey, along with propolis oral spray, royal jelly, lemon honey lozenges, flavored honey sachet, and comb honey under the category of other honey products. It also markets its products under Streamland Drinks Limited, Streamland Honey Limited, We Love Limited and Streamland Foods Limited.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the honey market, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:
- Market Research
- Plant setup
- Plant Expansion
- Marketing and sales
- Procurement and Distribution
- Innovation and Product Development