Honey Powder Market By Usage (Beauty And Bath Products, Cakes And Pastries ), By Sales Channel (Offline Stores, Online Stores ) - Growth, Future Prospects And Competitive Analysis, 2016 - 2023

This report, titled "Honey Powder Market: Growth, Future Prospects, and Competitive Analysis, 2016–2023," offers strategic insights into the trends in the honey powder market along with the market size and forecast for the duration of 2016–2023. The said research study incorporates an in-depth analysis of multiple market segments based on usage, sales channel, and geographical distribution.

The global honey powder market is becoming increasingly competitive, with a growing number of mergers and collaborations between market players to reach full capabilities and gain an international footprint. In addition, several players are also focused on developing their niche in the market. The rapid growth of this market has also resulted in the creation of further skilled job opportunities in major hubs spread across North America, Europe, Latin America, MEA, and Asia Pacific.

Based on usage, the global honey powder market is categorized into power generation, agriculture, and others. In addition, honey powder manufacturing companies, distributors, and academic organizations form the major client types for the honey powder market. The market size (US$ Mn) and forecast for all the considered segments are presented in this report for the period 2013–2023, along with their respective CAGRs (%) for the forecast period 2016–2023.

In terms of geographical distribution, the global honey powder is studied in five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Market size and forecasts for each regional and country-level market are included in the report for the considered periods.

To further elucidate, the geographical distribution of the global honey powder market is described as follows:

By Geography

  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • Italy
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • rest of Latin America
  • Middle East and Africa (MEA)
  • GCC
  • rest of MEA

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary of the global honey powder market. Tools such as competition assessment and attractive investment propositions are also included in the report to provide the readers with competitive mapping assistance. This study concludes with a company profile section. This section includes major information about the key companies engaged in the development and provision of honey powder.

Based on usage, the global honey powder market is segmented as follows:

  • Cakes and pastries
  • Beauty and Bath Products
  • Other sweet edible items

The global honey powder market is segmented on the basis of usage, primarily for cakes and pastries, beauty and bath products, and other sweet edible items. Among these, cakes and pastries contributed the largest revenue share to the global honey powder market in 2015. The rising usage of honey powder as a natural sweetener has intensified the growth of the segment. Escalation in the usage of honey powder in bakery products, such as in the manufacturing of cakes, muffins, cookies, and bread, as well as in confectioneries, is anticipated to expand the growth of cakes and pastries. Beauty and bath products are anticipated to gain significant market share by 2023.

Based on the sales channel, the global honey powder market is segmented as follows:

  • Offline Store
  • Online Store

Based on the type of sales channels, the global market for honey powder is categorized into offline and online sales channels. Among these, offline channels contributed the largest share of the global honey powder market in 2015. Increasing demand for honey powder from food and beverage manufacturers has led to growing sales of honey powder through offline channels. Large-scale commercialization of honey powder for industrial use will lead to proliferating offline sales in the long run. Online sales are anticipated to be the fastest-growing segment in the global honey powder market. This is attributed to the adoption of online purchasing as a preferred mode of distribution among honey powder manufacturers.

For the purpose of this study, the global honey powder market is categorized into three segments:

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

On the basis of geography, the global honey powder market can be segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2015, North America accounted for the largest share of global honey powder and was projected to maintain its dominance during the forecast period. Growing inclination among consumers toward healthy and natural products is expected to drive the demand for honey powder in the region. Following it, Europe stood in second place, accounting for a significant share of the global honey powder market in 2015. A strong manufacturing base coupled with increasing demand for honey powder products due to growing awareness among consumers towards herbal and natural products is anticipated to drive the market's growth over the forecast period (2016–2023).

Frequently Asked Questions:

The market for Honey Powder is expected to reach US$ 1,529.9 Mn in 2023.

The Honey Powder is expected to see significant CAGR growth over the coming years, at 4.5%.

The report is forecasted to 2016-2023.

The base year of this report is 2015.

ompetitive Dashboard, Key Players,Product Positions/Portfolio,Key Business Strategies, Domino Specialty Ingredients are some of the major players in the global market.

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Published Date:  Apr 2017
Category:  Food & Beverage
Report ID:   58238
Report Format:   PDF
Pages:   120
Rating:    4.4 (50)
Delivery Time: 24 Hours to 48 Hours   
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