The latest Manuka Honey Market research report offers a thorough analysis of growth opportunities and development trends until 2030. Using qualitative and quantitative research, it explores market drivers and challenges, providing valuable insights for businesses to make informed decisions and identify growth areas.
Global Manuka Honey Market is valued approximately USD 455.4 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2022-2029.
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Manuka honey defined as type of honey that comes from a specific plant in Australia and New Zealand. Moreover, due to its antibacterial, antiviral, anti-inflammatory and antioxidant properties, manuka honey has its usage in treating wounds, improving oral health, smoothness of sore throat and treat ulcers and acne. The increasing prevalence of infectious diseases and growing awareness towards health benefits of manuka honey are key factors driving the market growth.
The rising prevalence of infectious disease is contributing towards the growth of the Global Manuka Honey Market. As manuka honey has application in treatment of antibiotic-resistant strains of infections. For instance – as per Center for Disease Control & Prevention USA estimates – in 2019, infectious disease accounted for approximately 3.2 million emergency department visits and resulted in around 765,000 hospital admission with a diagnosis of infectious and parasitic diseases. Also, growing number of health-conscious individuals and rising adoption of digital distribution channels would create lucrative growth prospectus for the market over the forecast period. However, the high cost and possible side effected associated with Manuka Honey stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Manuka Honey Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Europe dominated the market in terms of revenue, owing to the increasing usage of manuka honey across food and beverages and dairy industry in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising number of health conscious individuals and growing incidences chronic infectious disorders in the region.
Major market players included in this report are:
Manukora Limited
Comvita Limited
Arataki Honey Ltd.
Egmont Honey
Manuka Pharm
Manuka Doctor
Airbone Honey Ltd.
Wedderspoon Organic.
Steens Honey
Happy Valley Honey
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below.
By Type
UMF 5+
UMF 10+
UMF 15+
UMF 20+
By Nature
Organic/Natural
Conventional
By Application
Food and beverages
Cosmetic and personal care
Nutraceutical
Pharmaceutical
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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Some Questions Answered in the Global Manuka Honey Market Report:
- What is the projected size of the global Manuka Honey market in 2030, and what growth rate is expected?
- What are the primary drivers of growth in the global Manuka Honey industry?
- What are the major market trends that are affecting the expansion of the Manuka Honey market?
- What obstacles must be overcome in order to achieve sustained growth in the Manuka Honey market?
- What opportunities and threats do vendors in the global Manuka Honey market face?
- What are the raw materials and manufacturing equipment used in the production of Manuka Honey Market, and what is the manufacturing process?
- What are the different types and applications of Manuka Honey Market, and what is the market share of each type and application?
- What factors, such as trends, challenges, and risk factors, are currently shaping the growth of the Manuka Honey market?
- What factors are driving the growth of the Manuka Honey market in the top regions worldwide?
- Who are the major players in the global Manuka Honey market, and what strategies are they employing to succeed?
- What industrial trends, drivers, and challenges are influencing the expansion of the Manuka Honey market?
- What are the main findings of a five forces analysis of the global Manuka Honey market?
Here are the key highlights of the report:
- Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels.
- In-depth analysis of the competitive landscape, identifying key trends within the industry.
- Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTER’s five forces.
- Strategic recommendations tailored for crucial business segments, leveraging market forecasts.
- Guidance provided for new market entrants, assisting them in navigating the industry landscape.
- Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.
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