U.S. 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 "U.S. Honey Powder Market: Growth, Future Prospects, and Competitive Analysis, 2016–2023," offers strategic insights into the trends in the U.S. honey powder market along with the market size and forecast for the duration of 2013–2023. The research study in question includes an in-depth examination of several market segments based on usage and sales channel.

The U.S. honey powder market is becoming increasingly competitive, with a growing number of startups entering the market. 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 the U.S.

Based on usage, the U.S. honey powder market is categorized into Beauty and Bath Products, Cakes and Pastries, and Other Edible (Sweet) Items. On the basis of sales channels, the U.S. honey powder market is segmented into offline stores and online stores.

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.

Along with the quantitative information sets, this report also provides qualitative information, such as market dynamics and an executive summary of the U.S. honey powder market. The report also includes tools to help readers with competitive mappings, such as competition assessment and appealing investment propositions. This study concludes with a company profile section. This section contains important information about the key companies involved in the development and distribution of honey powder.

Based on usage, the U.S. honey powder market is segmented as follows:

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

The U.S. honey powder market is segmented on the basis of usage, with the primary categories being cakes and pastries, beauty and bath products, and other sweet edible items. Among these, cakes and pastries contributed the largest revenue share in the U.S. 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 U.S. honey powder market is segmented as follows:

  • Offline Store
  • Online Store

Based on the type of sales channels, the U.S. honey powder market is categorized into offline and online sales channels. Among these, offline channels contributed the largest share of the U.S. 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 U.S. in the long run. Online sales are expected to be the fastest-growing segment of the honey powder market in the United States. This is due to honey powder manufacturers' preference for online purchasing as a mode of distribution. 

Frequently Asked Question:

The market for U.S. Honey Powder Market is expected to reach USD$ 1,529.9 Mn in 2023.

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

The report is forecasted from 2016 -2023.

The base year of this report is 2015.

amex Food Group Limited,Archer Daniels Midland Company,Nestlé,Domino Specialty Ingredients,AmTech Ingredients,Augason Farms. are some of the major players in the global market.

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Published Date:  Apr 2017
Category:  Food & Beverage
Report ID:   58389
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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