Manuka honey has a variety of health benefits because of its antibacterial, antiviral, anti-inflammatory, and antioxidant properties. Additionally, manuka honey offers some special benefits to consumers for burns and wounds. Bandages are also less likely to adhere to the wound as a result. Changing a bandage is therefore less stressful and uncomfortable for tissues that are regenerating. In addition to serving as a barrier to stop reinfection, manuka honey has nutritional advantages. This nutritional advantage promotes more rapid wound healing. Additionally, honey has a calming effect that helps the majority of burn victims experience less pain. One of the reasons behind this is manuka's ability to alleviate inflammation, which can irritate nerve endings. Medical-grade manuka honey is an efficient technique to repair skin grafts owing to its healing properties, which is expected to increase the demand for manuka honey during the forecasted period. Additionally, one of the major factors that supports the expansion of the manuka honey market is the multiple application in the food & beverage industry including bakery and confectionery as substitutes for sugar.
Manuka honey has been consumed and applied to different types of wounds. Studies suggested that it offers effective antibacterial and anti-inflammatory treatment. As a biomaterial additive, manuka honey has the ability to reduce neutrophils' acute inflammatory reactions, which has produced encouraging results. Moreover, manuka honey has methylglyoxal which act has anti-inflammatory properties which are beneficial for wound healing. Other flavonoids and phenolic compounds found in manuka honey may also have medicinal effects. Manuka honey-based treatments have the potential to improve host-biomaterial fusion, offer less scar tissue formation at the site of implantation, and lower patient discomfort associated with biomaterial implantation. As a result, the potential use of manuka honey will probably help the market to grow.
Moreover, decreasing high cholesterol or maintaining a healthy balance of gut bacteria are two major benefits of manuka honey. Additionally, some elements in manuka honey may have the power to eradicate particular bacteria and fungi. It also provides chemicals and nutrients that hasten the healing of wounds. Manuka honey may, however, serve as a moisture barrier when applied to the skin, preventing skin from adhering to wound dressings. Manuka honey may also acquire germs during production. Although using or consuming manuka honey is generally harmless, some people may experience side effects like allergic reactions or high blood sugar. individuals with diabetes, high blood sugar, or bee or honey allergies, as a result, it is expected that the side effects of manuka honey will limit the market's growth.
The manuka honey market is segmented on the basis of type, nature, application, and region. On the basis of type, the market is categorized into UMF 5+, UMF 10+, UMF 15+, and UMF 20+. According to nature, the manuka honey market is fragmented into organic/natural and conventional. As per application, the market is divided into food and beverages, cosmetic and personal care, nutraceutical, pharmaceutical, and others. The food and beverages segment is further bifurcated into beverages, dairy products, bakery and confectionary and others. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Switzerland, and the rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, New Zealand and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, Argentina and the rest of LAMEA).
By type, UMF 5+ was the highest revenue contributor in 2021 with a CAGR of 5.9%. Furthermore, it is also one of the most flexible varieties of Manuka Honey on the market and is utilized on a daily basis throughout the entire world. It offers many benefits, including stronger healing abilities and an improvement in immunity to protect from harmful microbes and certain diseases A study suggests that regular manuka honey consumption may lessen IBS symptoms.
By nature, the conventional was the highest revenue contributor in 2021 i.e., $387.1 million in 2021, and is expected to reach $655.0 million by 2031 at a CAGR of 5.4%. Moreover, a lot of benefits come with conventional manuka honey, including protein sources from standard farming that provide farmers with ease, convenience, and animal safety. Due to normal farming methods, manuka honey is affordable and readily accessible. In the upcoming years, it is expected that this segment will continue to rule.
By application, food & beverages were the largest share in 2021 and is likely to dominate the market till 2031. It is one of the most popular varieties of honey available due to its solid, velvety texture and rich, caramel-like flavor. Manuka honey is commonly used in food and beverage products because it is also highly sweet and has a flavor akin to bittersweet caramel.
By region, Europe holds the largest share of 39.3% in 2021., due to consumers' increasing appetite for healthy items. Businesses are experimenting with novel Strategies to raise awareness of their goods and the benefits of manuka honey for health. Furthermore, it is anticipated that the expanding urban population would contribute to total growth along with increased disposable income and living standards.
The major players operating in the global manuka honey market are Comvita, Wildcape, Kiva, Manukora, New Zealand Honey Co., Airbone Honey Ltd, Three Peaks Manuka Honey, Arataki Honey, Happy Valley, Wedderspoon, Steens honey, Manuka Lab, Manuka Doctor, Egmont honey and Manuka Pharm.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the manuka honey market analysis from 2021 to 2031 to identify the prevailing manuka honey market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the manuka honey market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global manuka honey market trends, key players, market segments, application areas, and market growth Strategies.
Key Market Segments
By Type
- UMF 5+
- UMF 10+
- UMF 15+
- UMF 20+
By Nature
- Organic/Natural
- Conventional
By Application
- Nutraceutical
- Pharmaceutical
- Food and beverages
- Sub Type
- Beverages
- Dairy products
- Bakery and Confectionary
- Cosmetic and personal care
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Switzerland
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- New Zealand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Argentina
- Rest of LAMEA
Key Market Players
- Manukora Limited
- Comvita Limited
- Arataki Honey Ltd.
- Egmont Honey
- Manuka Pharm
- Manuka Doctor
- Airbone Honey Ltd.
- Wedderspoon Organic.
- Steens Honey
- Happy Valley Honey
- WildCape Manuka Honey.
- Midlands Apiaries Ltd.
- New Zealand Honey Co.
- Three Peaks Manuka Honey.
- Manuka Lab
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Table of Contents
CHAPTER 1: INTRODUCTION1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Market dynamics
3.4.1.Drivers
3.4.1.1. B
3.4.2.Restraints
3.4.2.1. A
3.4.3.Opportunities
3.4.3.1. C
3.5.COVID-19 Impact Analysis on the market
3.6.Value Chain Analysis
CHAPTER 4: MANUKA HONEY MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2. UMF 5+
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. UMF 10+
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. UMF 15+
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
4.5. UMF 20+
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market share analysis by country
CHAPTER 5: MANUKA HONEY MARKET, BY NATURE
5.1 Overview
5.1.1 Market size and forecast
5.2. Organic/Natural
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Conventional
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
CHAPTER 6: MANUKA HONEY MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2. Food and beverages
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.2.4 Food and beverages Manuka Honey Market by Sub Type
6.2.4.1 Beverages Market size and forecast, by region
6.2.4.2 Dairy products Market size and forecast, by region
6.2.4.3 Bakery and Confectionary Market size and forecast, by region
6.2.4.4 Others Market size and forecast, by region
6.3. Cosmetic and personal care
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Nutraceutical
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country
6.5. Pharmaceutical
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market share analysis by country
6.6. Others
6.6.1 Key market trends, growth factors and opportunities
6.6.2 Market size and forecast, by region
6.6.3 Market share analysis by country
CHAPTER 7: MANUKA HONEY MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Nature
7.2.4 North America Market size and forecast, by Application
7.2.4.1 North America Food and beverages Manuka Honey Market by Sub Type
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Key market trends, growth factors and opportunities
7.2.5.1.2 Market size and forecast, by Type
7.2.5.1.3 Market size and forecast, by Nature
7.2.5.1.4 Market size and forecast, by Application
7.2.5.2 Canada
7.2.5.2.1 Key market trends, growth factors and opportunities
7.2.5.2.2 Market size and forecast, by Type
7.2.5.2.3 Market size and forecast, by Nature
7.2.5.2.4 Market size and forecast, by Application
7.2.5.3 Mexico
7.2.5.3.1 Key market trends, growth factors and opportunities
7.2.5.3.2 Market size and forecast, by Type
7.2.5.3.3 Market size and forecast, by Nature
7.2.5.3.4 Market size and forecast, by Application
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Nature
7.3.4 Europe Market size and forecast, by Application
7.3.4.1 Europe Food and beverages Manuka Honey Market by Sub Type
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Key market trends, growth factors and opportunities
7.3.5.1.2 Market size and forecast, by Type
7.3.5.1.3 Market size and forecast, by Nature
7.3.5.1.4 Market size and forecast, by Application
7.3.5.2 France
7.3.5.2.1 Key market trends, growth factors and opportunities
7.3.5.2.2 Market size and forecast, by Type
7.3.5.2.3 Market size and forecast, by Nature
7.3.5.2.4 Market size and forecast, by Application
7.3.5.3 UK
7.3.5.3.1 Key market trends, growth factors and opportunities
7.3.5.3.2 Market size and forecast, by Type
7.3.5.3.3 Market size and forecast, by Nature
7.3.5.3.4 Market size and forecast, by Application
7.3.5.4 Italy
7.3.5.4.1 Key market trends, growth factors and opportunities
7.3.5.4.2 Market size and forecast, by Type
7.3.5.4.3 Market size and forecast, by Nature
7.3.5.4.4 Market size and forecast, by Application
7.3.5.5 Spain
7.3.5.5.1 Key market trends, growth factors and opportunities
7.3.5.5.2 Market size and forecast, by Type
7.3.5.5.3 Market size and forecast, by Nature
7.3.5.5.4 Market size and forecast, by Application
7.3.5.6 Switzerland
7.3.5.6.1 Key market trends, growth factors and opportunities
7.3.5.6.2 Market size and forecast, by Type
7.3.5.6.3 Market size and forecast, by Nature
7.3.5.6.4 Market size and forecast, by Application
7.3.5.7 Rest of Europe
7.3.5.7.1 Key market trends, growth factors and opportunities
7.3.5.7.2 Market size and forecast, by Type
7.3.5.7.3 Market size and forecast, by Nature
7.3.5.7.4 Market size and forecast, by Application
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Nature
7.4.4 Asia-Pacific Market size and forecast, by Application
7.4.4.1 Asia-Pacific Food and beverages Manuka Honey Market by Sub Type
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Key market trends, growth factors and opportunities
7.4.5.1.2 Market size and forecast, by Type
7.4.5.1.3 Market size and forecast, by Nature
7.4.5.1.4 Market size and forecast, by Application
7.4.5.2 India
7.4.5.2.1 Key market trends, growth factors and opportunities
7.4.5.2.2 Market size and forecast, by Type
7.4.5.2.3 Market size and forecast, by Nature
7.4.5.2.4 Market size and forecast, by Application
7.4.5.3 Japan
7.4.5.3.1 Key market trends, growth factors and opportunities
7.4.5.3.2 Market size and forecast, by Type
7.4.5.3.3 Market size and forecast, by Nature
7.4.5.3.4 Market size and forecast, by Application
7.4.5.4 South Korea
7.4.5.4.1 Key market trends, growth factors and opportunities
7.4.5.4.2 Market size and forecast, by Type
7.4.5.4.3 Market size and forecast, by Nature
7.4.5.4.4 Market size and forecast, by Application
7.4.5.5 Australia
7.4.5.5.1 Key market trends, growth factors and opportunities
7.4.5.5.2 Market size and forecast, by Type
7.4.5.5.3 Market size and forecast, by Nature
7.4.5.5.4 Market size and forecast, by Application
7.4.5.6 New Zealand
7.4.5.6.1 Key market trends, growth factors and opportunities
7.4.5.6.2 Market size and forecast, by Type
7.4.5.6.3 Market size and forecast, by Nature
7.4.5.6.4 Market size and forecast, by Application
7.4.5.7 Rest of Asia-Pacific
7.4.5.7.1 Key market trends, growth factors and opportunities
7.4.5.7.2 Market size and forecast, by Type
7.4.5.7.3 Market size and forecast, by Nature
7.4.5.7.4 Market size and forecast, by Application
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Nature
7.5.4 LAMEA Market size and forecast, by Application
7.5.4.1 LAMEA Food and beverages Manuka Honey Market by Sub Type
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Key market trends, growth factors and opportunities
7.5.5.1.2 Market size and forecast, by Type
7.5.5.1.3 Market size and forecast, by Nature
7.5.5.1.4 Market size and forecast, by Application
7.5.5.2 South Africa
7.5.5.2.1 Key market trends, growth factors and opportunities
7.5.5.2.2 Market size and forecast, by Type
7.5.5.2.3 Market size and forecast, by Nature
7.5.5.2.4 Market size and forecast, by Application
7.5.5.3 Saudi Arabia
7.5.5.3.1 Key market trends, growth factors and opportunities
7.5.5.3.2 Market size and forecast, by Type
7.5.5.3.3 Market size and forecast, by Nature
7.5.5.3.4 Market size and forecast, by Application
7.5.5.4 Argentina
7.5.5.4.1 Key market trends, growth factors and opportunities
7.5.5.4.2 Market size and forecast, by Type
7.5.5.4.3 Market size and forecast, by Nature
7.5.5.4.4 Market size and forecast, by Application
7.5.5.5 Rest of LAMEA
7.5.5.5.1 Key market trends, growth factors and opportunities
7.5.5.5.2 Market size and forecast, by Type
7.5.5.5.3 Market size and forecast, by Nature
7.5.5.5.4 Market size and forecast, by Application
CHAPTER 8: COMPETITIVE LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2021
CHAPTER 9: COMPANY PROFILES
9.1 Manukora Limited
9.1.1 Company overview
9.1.2 Key Executives
9.1.3 Company snapshot
9.1.4 Operating business segments
9.1.5 Product portfolio
9.1.6 Business performance
9.1.7 Key strategic moves and developments
9.2 Comvita Limited
9.2.1 Company overview
9.2.2 Key Executives
9.2.3 Company snapshot
9.2.4 Operating business segments
9.2.5 Product portfolio
9.2.6 Business performance
9.2.7 Key strategic moves and developments
9.3 Arataki Honey Ltd.
9.3.1 Company overview
9.3.2 Key Executives
9.3.3 Company snapshot
9.3.4 Operating business segments
9.3.5 Product portfolio
9.3.6 Business performance
9.3.7 Key strategic moves and developments
9.4 Egmont Honey
9.4.1 Company overview
9.4.2 Key Executives
9.4.3 Company snapshot
9.4.4 Operating business segments
9.4.5 Product portfolio
9.4.6 Business performance
9.4.7 Key strategic moves and developments
9.5 Manuka Pharm
9.5.1 Company overview
9.5.2 Key Executives
9.5.3 Company snapshot
9.5.4 Operating business segments
9.5.5 Product portfolio
9.5.6 Business performance
9.5.7 Key strategic moves and developments
9.6 Manuka Doctor
9.6.1 Company overview
9.6.2 Key Executives
9.6.3 Company snapshot
9.6.4 Operating business segments
9.6.5 Product portfolio
9.6.6 Business performance
9.6.7 Key strategic moves and developments
9.7 Airbone Honey Ltd.
9.7.1 Company overview
9.7.2 Key Executives
9.7.3 Company snapshot
9.7.4 Operating business segments
9.7.5 Product portfolio
9.7.6 Business performance
9.7.7 Key strategic moves and developments
9.8 Wedderspoon Organic.
9.8.1 Company overview
9.8.2 Key Executives
9.8.3 Company snapshot
9.8.4 Operating business segments
9.8.5 Product portfolio
9.8.6 Business performance
9.8.7 Key strategic moves and developments
9.9 Steens Honey
9.9.1 Company overview
9.9.2 Key Executives
9.9.3 Company snapshot
9.9.4 Operating business segments
9.9.5 Product portfolio
9.9.6 Business performance
9.9.7 Key strategic moves and developments
9.10 Happy Valley Honey
9.10.1 Company overview
9.10.2 Key Executives
9.10.3 Company snapshot
9.10.4 Operating business segments
9.10.5 Product portfolio
9.10.6 Business performance
9.10.7 Key strategic moves and developments
9.11 WildCape Manuka Honey.
9.11.1 Company overview
9.11.2 Key Executives
9.11.3 Company snapshot
9.11.4 Operating business segments
9.11.5 Product portfolio
9.11.6 Business performance
9.11.7 Key strategic moves and developments
9.12 Midlands Apiaries Ltd.
9.12.1 Company overview
9.12.2 Key Executives
9.12.3 Company snapshot
9.12.4 Operating business segments
9.12.5 Product portfolio
9.12.6 Business performance
9.12.7 Key strategic moves and developments
9.13 New Zealand Honey Co.
9.13.1 Company overview
9.13.2 Key Executives
9.13.3 Company snapshot
9.13.4 Operating business segments
9.13.5 Product portfolio
9.13.6 Business performance
9.13.7 Key strategic moves and developments
9.14 Three Peaks Manuka Honey.
9.14.1 Company overview
9.14.2 Key Executives
9.14.3 Company snapshot
9.14.4 Operating business segments
9.14.5 Product portfolio
9.14.6 Business performance
9.14.7 Key strategic moves and developments
9.15 Manuka Lab
9.15.1 Company overview
9.15.2 Key Executives
9.15.3 Company snapshot
9.15.4 Operating business segments
9.15.5 Product portfolio
9.15.6 Business performance
9.15.7 Key strategic moves and developments
List of Tables
Table 1. Global Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 2. Manuka Honey Market for Umf 5+, by Region, 2021-2031 (Revenue, $Million)
Table 3. Manuka Honey Market for Umf 10+, by Region, 2021-2031 (Revenue, $Million)
Table 4. Manuka Honey Market for Umf 15+, by Region, 2021-2031 (Revenue, $Million)
Table 5. Manuka Honey Market for Umf 20+, by Region, 2021-2031 (Revenue, $Million)
Table 6. Global Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 7. Global Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 8. Manuka Honey Market for Organic/Natural, by Region, 2021-2031 (Revenue, $Million)
Table 9. Manuka Honey Market for Organic/Natural, by Region, 2021-2031 (Volume, Tons)
Table 10. Manuka Honey Market for Conventional, by Region, 2021-2031 (Revenue, $Million)
Table 11. Manuka Honey Market for Conventional, by Region, 2021-2031 (Volume, Tons)
Table 12. Global Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 13. Manuka Honey Market for Food and Beverages, by Region, 2021-2031 (Revenue, $Million)
Table 14. Global Food and Beverages Manuka Honey Market, by Sub Type, 2021-2031 (Revenue, $Million)
Table 15. Manuka Honey Market for Beverages, by Region, 2021-2031 (Revenue, $Million)
Table 16. Manuka Honey Market for Dairy Products, by Region, 2021-2031 (Revenue, $Million)
Table 17. Manuka Honey Market for Bakery and Confectionary, by Region, 2021-2031 (Revenue, $Million)
Table 18. Manuka Honey Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 19. Manuka Honey Market for Cosmetic and Personal Care, by Region, 2021-2031 (Revenue, $Million)
Table 20. Manuka Honey Market for Nutraceutical, by Region, 2021-2031 (Revenue, $Million)
Table 21. Manuka Honey Market for Pharmaceutical, by Region, 2021-2031 (Revenue, $Million)
Table 22. Manuka Honey Market for Others, by Region, 2021-2031 (Revenue, $Million)
Table 23. Manuka Honey Market, by Region, 2021-2031 (Revenue, $Million)
Table 24. Manuka Honey Market, by Region, 2021-2031 (Volume, Tons)
Table 25. North America Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 26. North America Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 27. North America Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 28. North America Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 29. North America Food and Beverages Manuka Honey Market, by Sub Type, 2021-2031 (Revenue, $Million)
Table 30. North America Manuka Honey Market, by Country, 2021-2031 (Revenue, $Million)
Table 31. North America Manuka Honey Market, by Country, 2021-2031 (Volume, Tons)
Table 32. U.S. Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 33. U.S. Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 34. U.S. Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 35. U.S. Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 36. Canada Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 37. Canada Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 38. Canada Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 39. Canada Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 40. Mexico Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 41. Mexico Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 42. Mexico Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 43. Mexico Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 44. Europe Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 45. Europe Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 46. Europe Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 47. Europe Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 48. Europe Food and Beverages Manuka Honey Market, by Sub Type, 2021-2031 (Revenue, $Million)
Table 49. Europe Manuka Honey Market, by Country, 2021-2031 (Revenue, $Million)
Table 50. Europe Manuka Honey Market, by Country, 2021-2031 (Volume, Tons)
Table 51. Germany Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 52. Germany Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 53. Germany Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 54. Germany Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 55. France Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 56. France Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 57. France Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 58. France Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 59. UK Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 60. UK Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 61. UK Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 62. UK Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 63. Italy Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 64. Italy Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 65. Italy Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 66. Italy Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 67. Spain Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 68. Spain Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 69. Spain Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 70. Spain Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 71. Switzerland Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 72. Switzerland Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 73. Switzerland Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 74. Switzerland Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 75. Rest of Europe Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 76. Rest of Europe Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 77. Rest of Europe Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 78. Rest of Europe Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 79. Asia-Pacific Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 80. Asia-Pacific Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 81. Asia-Pacific Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 82. Asia-Pacific Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 83. Asia-Pacific Food and Beverages Manuka Honey Market, by Sub Type, 2021-2031 (Revenue, $Million)
Table 84. Asia-Pacific Manuka Honey Market, by Country, 2021-2031 (Revenue, $Million)
Table 85. Asia-Pacific Manuka Honey Market, by Country, 2021-2031 (Volume, Tons)
Table 86. China Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 87. China Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 88. China Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 89. China Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 90. India Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 91. India Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 92. India Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 93. India Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 94. Japan Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 95. Japan Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 96. Japan Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 97. Japan Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 98. South Korea Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 99. South Korea Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 100. South Korea Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 101. South Korea Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 102. Australia Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 103. Australia Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 104. Australia Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 105. Australia Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 106. New Zealand Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 107. New Zealand Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 108. New Zealand Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 109. New Zealand Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 110. Rest of Asia-Pacific Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 111. Rest of Asia-Pacific Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 112. Rest of Asia-Pacific Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 113. Rest of Asia-Pacific Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 114. LAMEA Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 115. LAMEA Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 116. LAMEA Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 117. LAMEA Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 118. LAMEA Food and Beverages Manuka Honey Market, by Sub Type, 2021-2031 (Revenue, $Million)
Table 119. LAMEA Manuka Honey Market, by Country, 2021-2031 (Revenue, $Million)
Table 120. LAMEA Manuka Honey Market, by Country, 2021-2031 (Volume, Tons)
Table 121. Brazil Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 122. Brazil Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 123. Brazil Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 124. Brazil Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 125. South Africa Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 126. South Africa Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 127. South Africa Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 128. South Africa Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 129. Saudi Arabia Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 130. Saudi Arabia Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 131. Saudi Arabia Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 132. Saudi Arabia Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 133. Argentina Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 134. Argentina Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 135. Argentina Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 136. Argentina Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 137. Rest of LAMEA Manuka Honey Market, by Type, 2021-2031 (Revenue, $Million)
Table 138. Rest of LAMEA Manuka Honey Market, by Nature, 2021-2031 (Revenue, $Million)
Table 139. Rest of LAMEA Manuka Honey Market, by Nature, 2021-2031 (Volume, Tons)
Table 140. Rest of LAMEA Manuka Honey Market, by Application, 2021-2031 (Revenue, $Million)
Table 141. Manukora Limited: Key Executives
Table 142. Manukora Limited: Company Snapshot
Table 143. Manukora Limited: Operating Segments
Table 144. Manukora Limited: Product Portfolio
Table 145. Manukora Limited: Net Sales
Table 146. Manukora Limited: Key Strategies
Table 147. Comvita Limited: Key Executives
Table 148. Comvita Limited: Company Snapshot
Table 149. Comvita Limited: Operating Segments
Table 150. Comvita Limited: Product Portfolio
Table 151. Comvita Limited: Net Sales
Table 152. Comvita Limited: Key Strategies
Table 153. Arataki Honey Ltd.: Key Executives
Table 154. Arataki Honey Ltd.: Company Snapshot
Table 155. Arataki Honey Ltd.: Operating Segments
Table 156. Arataki Honey Ltd.: Product Portfolio
Table 157. Arataki Honey Ltd.: Net Sales
Table 158. Arataki Honey Ltd.: Key Strategies
Table 159. Egmont Honey: Key Executives
Table 160. Egmont Honey: Company Snapshot
Table 161. Egmont Honey: Operating Segments
Table 162. Egmont Honey: Product Portfolio
Table 163. Egmont Honey: Net Sales
Table 164. Egmont Honey: Key Strategies
Table 165. Manuka Pharm: Key Executives
Table 166. Manuka Pharm: Company Snapshot
Table 167. Manuka Pharm: Operating Segments
Table 168. Manuka Pharm: Product Portfolio
Table 169. Manuka Pharm: Net Sales
Table 170. Manuka Pharm: Key Strategies
Table 171. Manuka Doctor: Key Executives
Table 172. Manuka Doctor: Company Snapshot
Table 173. Manuka Doctor: Operating Segments
Table 174. Manuka Doctor: Product Portfolio
Table 175. Manuka Doctor: Net Sales
Table 176. Manuka Doctor: Key Strategies
Table 177. Airbone Honey Ltd.: Key Executives
Table 178. Airbone Honey Ltd.: Company Snapshot
Table 179. Airbone Honey Ltd.: Operating Segments
Table 180. Airbone Honey Ltd.: Product Portfolio
Table 181. Airbone Honey Ltd.: Net Sales
Table 182. Airbone Honey Ltd.: Key Strategies
Table 183. Wedderspoon Organic.: Key Executives
Table 184. Wedderspoon Organic.: Company Snapshot
Table 185. Wedderspoon Organic.: Operating Segments
Table 186. Wedderspoon Organic.: Product Portfolio
Table 187. Wedderspoon Organic.: Net Sales
Table 188. Wedderspoon Organic.: Key Strategies
Table 189. Steens Honey: Key Executives
Table 190. Steens Honey: Company Snapshot
Table 191. Steens Honey: Operating Segments
Table 192. Steens Honey: Product Portfolio
Table 193. Steens Honey: Net Sales
Table 194. Steens Honey: Key Strategies
Table 195. Happy Valley Honey: Key Executives
Table 196. Happy Valley Honey: Company Snapshot
Table 197. Happy Valley Honey: Operating Segments
Table 198. Happy Valley Honey: Product Portfolio
Table 199. Happy Valley Honey: Net Sales
Table 200. Happy Valley Honey: Key Strategies
Table 201. Wildcape Manuka Honey.: Key Executives
Table 202. Wildcape Manuka Honey.: Company Snapshot
Table 203. Wildcape Manuka Honey.: Operating Segments
Table 204. Wildcape Manuka Honey.: Product Portfolio
Table 205. Wildcape Manuka Honey.: Net Sales
Table 206. Wildcape Manuka Honey.: Key Strategies
Table 207. Midlands Apiaries Ltd.: Key Executives
Table 208. Midlands Apiaries Ltd.: Company Snapshot
Table 209. Midlands Apiaries Ltd.: Operating Segments
Table 210. Midlands Apiaries Ltd.: Product Portfolio
Table 211. Midlands Apiaries Ltd.: Net Sales
Table 212. Midlands Apiaries Ltd.: Key Strategies
Table 213. New Zealand Honey Co.: Key Executives
Table 214. New Zealand Honey Co.: Company Snapshot
Table 215. New Zealand Honey Co.: Operating Segments
Table 216. New Zealand Honey Co.: Product Portfolio
Table 217. New Zealand Honey Co.: Net Sales
Table 218. New Zealand Honey Co.: Key Strategies
Table 219. Three Peaks Manuka Honey.: Key Executives
Table 220. Three Peaks Manuka Honey.: Company Snapshot
Table 221. Three Peaks Manuka Honey.: Operating Segments
Table 222. Three Peaks Manuka Honey.: Product Portfolio
Table 223. Three Peaks Manuka Honey.: Net Sales
Table 224. Three Peaks Manuka Honey.: Key Strategies
Table 225. Manuka Lab: Key Executives
Table 226. Manuka Lab: Company Snapshot
Table 227. Manuka Lab: Operating Segments
Table 228. Manuka Lab: Product Portfolio
Table 229. Manuka Lab: Net Sales
Table 230. Manuka Lab: Key Strategies
List of Figures
Figure 1. Segmentation of Manuka Honey Market,2021-2031
Figure 2. Manuka Honey Market,2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Manuka Honey Market:Drivers, Restraints and Opportunities
Figure 10. Value Chain Analysis
Figure 11. Manuka Honey Market,By Type,2021(%)
Figure 12. Comparative Share Analysis of Umf 5+ Manuka Honey Market, 2021 and 2031(%)
Figure 13. Comparative Share Analysis of Umf 10+ Manuka Honey Market, 2021 and 2031(%)
Figure 14. Comparative Share Analysis of Umf 15+ Manuka Honey Market, 2021 and 2031(%)
Figure 15. Comparative Share Analysis of Umf 20+ Manuka Honey Market, 2021 and 2031(%)
Figure 16. Manuka Honey Market,By Nature,2021(%)
Figure 17. Comparative Share Analysis of Organic/Natural Manuka Honey Market, 2021 and 2031(%)
Figure 18. Comparative Share Analysis of Conventional Manuka Honey Market, 2021 and 2031(%)
Figure 19. Manuka Honey Market,By Application,2021(%)
Figure 20. Comparative Share Analysis of Food and Beverages Manuka Honey Market, 2021 and 2031(%)
Figure 21. Comparative Share Analysis of Cosmetic and Personal Care Manuka Honey Market, 2021 and 2031(%)
Figure 22. Comparative Share Analysis of Nutraceutical Manuka Honey Market, 2021 and 2031(%)
Figure 23. Comparative Share Analysis of Pharmaceutical Manuka Honey Market, 2021 and 2031(%)
Figure 24. Comparative Share Analysis of Others Manuka Honey Market, 2021 and 2031(%)
Figure 25. Manuka Honey Market by Region,2021
Figure 26. U.S. Manuka Honey Market,2021-2031($Million)
Figure 27. Canada Manuka Honey Market,2021-2031($Million)
Figure 28. Mexico Manuka Honey Market,2021-2031($Million)
Figure 29. Germany Manuka Honey Market,2021-2031($Million)
Figure 30. France Manuka Honey Market,2021-2031($Million)
Figure 31. UK Manuka Honey Market,2021-2031($Million)
Figure 32. Italy Manuka Honey Market,2021-2031($Million)
Figure 33. Spain Manuka Honey Market,2021-2031($Million)
Figure 34. Switzerland Manuka Honey Market,2021-2031($Million)
Figure 35. Rest of Europe Manuka Honey Market,2021-2031($Million)
Figure 36. China Manuka Honey Market,2021-2031($Million)
Figure 37. India Manuka Honey Market,2021-2031($Million)
Figure 38. Japan Manuka Honey Market,2021-2031($Million)
Figure 39. South Korea Manuka Honey Market,2021-2031($Million)
Figure 40. Australia Manuka Honey Market,2021-2031($Million)
Figure 41. New Zealand Manuka Honey Market,2021-2031($Million)
Figure 42. Rest of Asia-Pacific Manuka Honey Market,2021-2031($Million)
Figure 43. Brazil Manuka Honey Market,2021-2031($Million)
Figure 44. South Africa Manuka Honey Market,2021-2031($Million)
Figure 45. Saudi Arabia Manuka Honey Market,2021-2031($Million)
Figure 46. Argentina Manuka Honey Market,2021-2031($Million)
Figure 47. Rest of LAMEA Manuka Honey Market,2021-2031($Million)
Figure 48. Top Winning Strategies, by Year
Figure 49. Top Winning Strategies, by Development
Figure 50. Top Winning Strategies, by Company
Figure 51. Product Mapping of Top 10 Players
Figure 52. Competitive Dashboard
Figure 53. Competitive Heatmap of Top 10 Key Players
Figure 54. Top Player Positioning, 2021
Figure 55. Manukora Limited.: Net Sales ($Million)
Figure 56. Comvita Limited.: Net Sales ($Million)
Figure 57. Arataki Honey Ltd..: Net Sales ($Million)
Figure 58. Egmont Honey.: Net Sales ($Million)
Figure 59. Manuka Pharm.: Net Sales ($Million)
Figure 60. Manuka Doctor.: Net Sales ($Million)
Figure 61. Airbone Honey Ltd..: Net Sales ($Million)
Figure 62. Wedderspoon Organic..: Net Sales ($Million)
Figure 63. Steens Honey.: Net Sales ($Million)
Figure 64. Happy Valley Honey.: Net Sales ($Million)
Figure 65. Wildcape Manuka Honey..: Net Sales ($Million)
Figure 66. Midlands Apiaries Ltd..: Net Sales ($Million)
Figure 67. New Zealand Honey Co..: Net Sales ($Million)
Figure 68. Three Peaks Manuka Honey..: Net Sales ($Million)
Figure 69. Manuka Lab.: Net Sales ($Million)
Executive Summary
According to the report titled, 'Manuka Honey Market,' the manuka honey market was valued at $455.40 million in 2021, and is estimated to reach $776.4 million by 2031, growing at a CAGR of 5.5% from 2022 to 2031.Manuka honey is produced by bees that pollinate the local Leptospermum scoparium bush (also known as a tea tree). It has several health benefits because of its antibacterial, antiviral, anti-inflammatory, and antioxidant properties. Manuka honey also offers consumers few special benefits such as wound management and healing.
The ability of manuka honey to strengthen the immune system has been linked to the presence of phytochemicals, including gallic acid and the flavonoids galangin and pinocembrin. When treated with manuka honey, human monocytes or Mono Mac6 cells have been shown to release higher IL-1, IL-6, and TNF-. Contrarily, manuka honey consumption is anticipated to result in a decrease in cytokines since phytochemicals like gallic acid inhibit the production of NF-B, interleukin-1, and TNF-, which are all inflammatory byproducts. Manuka honey was also found to possess both pro- and anti-inflammatory properties. On murine melanoma (B16.F1), colorectal carcinoma (CT26), and human breast cancer (MCF-7) cells in vitro, manuka honey's anti-proliferative effect was examined. The maximal efficacy was 0.6% (w/v), which was dose- and time-dependent. The activation of a caspase 9-dependent apoptotic pathway also stimulated caspase 3, which is in charge of decreased Bcl-2 expression, DNA fragmentation, and ultimately apoptosis, hence facilitating the health benefits among populations across the globe. Owing to its many benefits, manuka honey is also included in a variety of food and beverage products, which is expected to drive the market's growth.
Manuka trees are only found in New Zealand and Australia. In addition, manuka, used as a raw material in various products, provides advantages for human health. Manuka bushes provide benefits to the environment which include lowering erosion, enhancing stream quality, and promoting biodiversity. Manuka trees provide numerous benefits to streams, including reducing erosion by developing roots close to the banks and allowing other plants to flourish in shade. Increased biodiversity resulting from the Manuka plants attracts birds, insects, and other animals for the shelter. As some of the first plants to emerge following a fire, manuka seedlings play a critical role in the process of forest regeneration. They can resist drying conditions and contribute to the development of an environ that allows other plant species to establish dominance. A growth in manuka tree production is therefore expected to increase demand for manuka honey.
The manuka honey market is segmented on the basis of type, nature, application, and region. On the basis of type, the market is categorized into UMF 5+, UMF 10+, UMF 15+, and UMF 20+. By nature, the manuka honey market is fragmented into organic/natural and conventional. By application, the market is divided into food & beverages, cosmetic and personal care, nutraceutical, pharmaceutical, and others. Moreover, the manuka honey market is further classified into third-level segmentation through the application. On the basis of food and beverages, the market is further bifurcated into beverages, dairy products, bakery & confectionary, and others. Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, UK, Italy, Spain, Switzerland, and the rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, New Zealand, and the rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, Argentina, and the rest of LAMEA).
The market is being driven by factors such as rapid growth in the food & beverage as well as dairy industries in developing countries, as well as increased awareness of the benefits of manuka honey. The major players operating in the global manuka honey market are Comvita, Wildcape, Kiva, Manukora, New Zealand Honey Co., Airbone Honey Ltd, Three Peaks Manuka Honey, Arataki Honey, Happy Valley, Wedderspoon, Steens honey, Manuka Lab, Manuka Doctor, Egmont honey, and Manuka Pharm.
KEY FINDINGS OF THE STUDY
The global manuka honey market was valued at $ 455.4 million in 2021, and is projected to reach $ 776.4 million by 2031, registering a CAGR of 5.5 % from 2021 to 2031.By type, the UMF 5+ segment was the highest contributor to the market, with $ 170.7 million in 2021, and is estimated to reach $ 302.2 million by 2031, at a CAGR of 5.9 % during the forecast period.
By nature, the conventional segment was the highest contributor to the market, with $387.1 million in 2021, and is estimated to reach $655.0 million by 2031, at a CAGR of 5.4% during the forecast period.
By application, the food & beverages segment was the highest contributor to the market, with $ 172.1 million in 2021, and is estimated to reach $ 309.7 million by 2031, at a CAGR of 6.1% during the forecast period.
By region, Europe was the highest revenue contributor, accounting for $179.0 million in 2021, and is estimated to reach $296.6 million by 2031, with a CAGR of 5.2%.
Companies Mentioned
- Manukora Limited
- Comvita Limited
- Arataki Honey Ltd.
- Egmont Honey
- Manuka Pharm
- Manuka Doctor
- Airbone Honey Ltd.
- Wedderspoon Organic.
- Steens Honey
- Happy Valley Honey
- WildCape Manuka Honey.
- Midlands Apiaries Ltd.
- New Zealand Honey Co.
- Three Peaks Manuka Honey.
- Manuka Lab
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 248 |
Published | January 2023 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 455.4 million |
Forecasted Market Value ( USD | $ 776.4 million |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |