Up Market Research published a new report titled “Dry Honey Product Market research report which is segmented by Types (Powder, Lozenges, Candy, Granules, Others), By Applications (Food & Beverages Industry, Personal Care & Cosmetic Industry, Others), By Players/Companies Augason Farms, Archer Daniels Midland, The Good Scents, Maple Leaf Garden Food, Natural Sourcing, Wuhu Deli Foods, Island Abbey Foods”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
The global Dry Honey Product Market is set to grow at a CAGR of 7.2% during the forecast period from 2021-2028. The market is predicted to reach US$ 1,148 Mn by 2028 from US$ 505 Mn in 2018 and this growth can be attributed to the increasing adoption of honey products with health benefits by consumers worldwide, increased demand for natural food additives, and rising awareness among people about honey as a healthy ingredient.
Dry honey is dehydrated and processed from natural, raw honey. It contains no sugar or additives. The term dry refers to the state of being free from water content in the food product. It may be a powder form that will have a sweet taste because it’s made up primarily of sugar; granules are hard lumps that contain less moisture than powders, but still provide sweetness on their own and can dissolve into a liquid for heating/cooling purposes; lozenges are small spherical candies with a brittle texture and sticky consistency. The third type is candy which has crystallized sugars mixed with other ingredients like milk solids, corn syrup, gelatin fats, etc.; this makes them easier to chew.
On the basis of type, dry honey is segmented into powder, lozenges, candy, and granules.
Dry honey is a plain sugar-free sweetener that comes in powder form. It has no flavor or aroma and is used primarily by those who are allergic to pollen, as it does not contain any pollens. The texture of the product can be variable, depending on its preparation technique; however, all dry honey is able to produce crystallized bubbles when exposed to moisture and heat either from chewing or cooking with heated ingredients such as oil or butter.
Lozenges are small spherical candies with brittle texture and sticky consistency; these have crystallized sugars mixed with other ingredients like milk solids, corn syrup, gelatin fats, etc., making it easier to chew as compared to sugar itself. It is a type of pharmaceutical tablet, usually hard and sugar-coated that is intended to be dissolved slowly in the mouth. They can be either sweetened or not with sucrose, sorbitol, or erythritol.
Candy honey is a type of dry crystallized or candied sweets made by forming sugar into hot, liquid candy and adding flavors such as spices to it before cooling. Candy honey can be used in many different ways; some people use them for decoration and others eat them like they do other types of hard candy. Because the product contains all-natural flavorings, there are no artificial colors or preservatives added to these products.
Granules are hard lumps that contain even less moisture than powders and still provide some sweet taste while dissolving into liquid when heated to melt them down. Granules dry honey are freshly harvested raw natural honey granulated in most humid conditions where it can be stored without any need for refrigeration until consumption with a shelf life up to 12 months under normal ambient temperature and humidity conditions (25°C/77°F & 65% RH) without significant crystallization occurring during storage periods exceeding this duration period due to its characteristic low density. It contains all origin-specific flavors but has significantly less moisture content.
On the basis of application, dry honey is segmented into the food & beverage industry and personal care & cosmetic industry.
Dry honey is used in the food and beverage industry as a natural sweetener, which can be safely consumed without any side effects. It has been gaining popularity due to its health benefits such as a low glycemic index level (GI) of 55-60 as well as the absence of sugar alcohols or other substances that may cause bloating and stomach upset.
Dry honey application for skin moisturizing properties making it an excellent ingredient for body lotions, balms, creams, and facial masks. Furthermore, its antimicrobial properties make this product ideal for soaps and detergents while also being employed by some manufacturers who produce cosmetics like lipsticks because it does not melt when exposed to heat during manufacturing acruring and has a natural sunscreen effect.
On the basis of the region, the global dry honey product market is segmented into North America, Europe, Asia Pacific, and the middle east & Africa. In terms of region, countries like Canada have been known to be one of the largest markets for these types of products due to increasing awareness among the population regarding its nutritional values such as vitamins A&E which help in skin conditioning while also possessing anti-inflammatory properties that may reduce inflammation in certain conditions.
However, with rising awareness among people about its nutritional values and increasing efforts by organizations to promote this product worldwide, there is potential for it to witness future growth opportunities. The global dry honey production market shows signs of sustainable development as manufacturers invest heavily towards research & innovation resulting in newer forms such as powder form; lozenges, etc., thereby making them more compatible than ever before.
Growth factor
The global dry honey market has witnessed robust growth over the past few years on account of factors such as growing awareness about health benefits, rising demand for products with minimal sugar content, and increasing consumption of functional food. These trends are expected to continue in the future which may lead to a considerable rise in the production and usage levels across regions.
Report Attributes | Report Details |
Report Title | Dry Honey Product Market Research Report |
By Type | Powder, Lozenges, Candy, Granules, Others |
By Application | Food & Beverages Industry, Personal Care & Cosmetic Industry, Others |
By Companies | Augason Farms, Archer Daniels Midland, The Good Scents, Maple Leaf Garden Food, Natural Sourcing, Wuhu Deli Foods, Island Abbey Foods |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 222 |
Number of Tables & Figures | 156 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Powder, Lozenges, Candy, Granules, Others and By Application Food & Beverages Industry, Personal Care & Cosmetic Industry, Others.
Some of the companies that are profiled in this report are:
Dry Honey Product Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Dry Honey Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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