Asia Pacific Dried Honey Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Form (Powder and Granules), Category (Organic and Conventional), and Application (Food and Beverages, Personal Care, and Pharmaceuticals and Nutraceuticals)

TIPRE00029103 | Pages: 95 | Food and Beverages | May 2022 | Type: Regional | Status: Published

The dried honey market in APAC is expected to grow from US$ 281.32 million in 2021 to US$ 493.60 million by 2028; it is estimated to grow at a CAGR of 8.4% from 2021 to 2028.

 

The personal care industry is undergoing a massive transformation, as consumers are focusing on health and wellness. They spend more time exploring products and brands compatible with their holistic lifestyle. They want greater brand accountability regarding ingredient sourcing, label transparency, and production procedures. Thus, many beauty brands use natural and ethically sourced ingredients in their products. It has led to a significant surge in demand for natural cosmetics and personal care products. Dried honey is one of the most popular natural ingredients used in various skincare and personal care products. Honey is becoming an integral part of skincare regimes as it has anti-inflammatory properties, which help treat active acne. Moreover, it is used in lip balms and lip care products, as it helps heal chapped lips and hydrates them. Honey powder is high in antioxidants and promotes collagen build-up, reducing wrinkles; it is also used in moisturizers and antiaging creams. Many personal care product manufacturers offer honey-based products. The surging demand for dried honey from the personal care industry is boosting the market growth in APAC.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the dried honey market. The APAC dried honey market is expected to grow at a good CAGR during the forecast period.

 

APAC Dried Honey Market Revenue and Forecast to 2028 (US$ Million)

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 APAC Dried Honey Market Segmentation

 

The APAC dried honey market is segmented based on form, category, application, and country. Based on form, the APAC dried honey market is segmented into powder and granules. The powder segment dominated the market in 2020 and is expected to be the fastest-growing during the forecast period. Based on category, the APAC dried honey market is segmented into organic and conventional. The conventional segment dominated the market in 2020, and the organic segment is expected to grow fastest during the forecast period. The APAC dried honey market is segmented into food and beverages, personal care, pharmaceuticals, and nutraceuticals based on application. The food and beverages segment dominated the market in 2020, and the pharmaceuticals and nutraceuticals segment is expected to grow fastest during the forecast period. The pharmaceuticals and nutraceuticals segment is segmented into lozenges, gummies, and others. Based on country, APAC dried honey market is classified into China, Japan, India, South Korea, Australia, and the Rest of APAC. ASR Group; Associated British Foods Plc.; Hangzhou Youither Bioscience Co., Ltd.; Norevo GmbH; Specialty Products and Technology, Inc; and The Archer Daniels Midland Company are leading companies in the APAC dried honey market. 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

4.           APAC Dried Honey Market Landscape

4.1         Market Overview

4.2         Porter's Five Forces Analysis

4.2.1        Bargaining Power of Suppliers

4.2.2        Bargaining Power of Buyers

4.2.3        Threat of New Entrants

4.2.4        Competitive Rivalry

4.2.5        Threat of Substitutes

4.3         Expert Opinion

5.           APAC Dried Honey Market — Key Market Dynamics

5.1         Key Market Drivers

5.1.1        Escalating Preference for Dried Honey as Natural Sweeteners in Food Products and Beverages

5.1.2        Surging Awareness of Benefits of Dried Honey Across End-Use Industries

5.2         Market Restraints

5.2.1        Presence of Other Natural Sweeteners

5.3         Market Opportunities

5.3.1        Increasing Demand for Dried Honey in Personal Care Industry

5.4         Future Trends

5.4.1        Rising Preference for Organic and All-Natural Food Products

5.5         Impact Analysis of Drivers and Restraints

6.           Dried Honey Market – APAC Analysis

6.1         APAC Dried Honey Market Overview

6.2         APAC Dried Honey Market – Revenue and Forecast to 2028

7.           APAC Dried Honey Market Analysis – By Form

7.1         Overview

7.2         APAC Dried Honey Market Breakdown, By Form, 2020 & 2028

7.3         Powder

7.3.1        Overview

7.3.2        Powder Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

7.4         Granules

7.4.1        Overview

7.4.2        Granules Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

8.           APAC Dried Honey Market Analysis – By Category

8.1         Overview

8.2         APAC Dried Honey Market Breakdown, By Category, 2020 & 2028

8.3         Organic

8.3.1        Overview

8.3.2        Organic Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

8.4         Conventional

8.4.1        Overview

8.4.2        Conventional Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

9.           APAC Dried Honey Market Analysis – By Application

9.1         Overview

9.2         APAC Dried Honey Market Breakdown, By Application, 2020 & 2028

9.3         Food and Beverages

9.3.1        Overview

9.3.2        Food and Beverages Market Revenue Forecasts To 2028 (US$ Million)

9.4         Personal Care

9.4.1        Overview

9.4.2        Personal Care Market Revenue Forecasts To 2028 (US$ Million)

9.5         Pharmaceuticals and Nutraceuticals

9.5.1        Overview

9.5.2        Pharmaceuticals and Nutraceuticals Market Revenue Forecasts To 2028 (US$ Million)

9.5.2.1          Lozenges

9.5.2.2          Lozenges Market Revenue Forecasts To 2028 (US$ Million)

9.5.2.3          Gummies

9.5.2.4          Gummies Market Revenue Forecasts To 2028 (US$ Million)

9.5.2.5          Others

9.5.2.6          Others Market Revenue Forecasts To 2028 (US$ Million)

10.        APAC Dried Honey Market – Country Analysis

10.1      Overview

10.1.1     APAC: Dried Honey Market, by Key Country

10.1.1.1       China: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.1.1       China: Dried Honey Market, by Category

10.1.1.1.2       China: Dried Honey Market, by Form

10.1.1.1.3       China: Dried Honey Market, by Application

10.1.1.2       Japan: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.2.1       Japan: Dried Honey Market, by Category

10.1.1.2.2       Japan: Dried Honey Market, by Form

10.1.1.2.3       Japan: Dried Honey Market, by Application

10.1.1.3       India: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.3.1       India: Dried Honey Market, by Category

10.1.1.3.2       India: Dried Honey Market, by Form

10.1.1.3.3       India: Dried Honey Market, by Application

10.1.1.4       South Korea: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.4.1       South Korea: Dried Honey Market, by Category

10.1.1.4.2       South Korea: Dried Honey Market, by Form

10.1.1.4.3       South Korea: Dried Honey Market, by Application

10.1.1.5       Australia: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.5.1       Australia: Dried Honey Market, by Category

10.1.1.5.2       Australia: Dried Honey Market, by Form

10.1.1.5.3       Australia: Dried Honey Market, by Application

10.1.1.6       Rest of APAC: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)

10.1.1.6.1       Rest of APAC: Dried Honey Market, by Category

10.1.1.6.2       Rest of APAC: Dried Honey Market, by Form

10.1.1.6.3       Rest of APAC: Dried Honey Market, by Application

11.        Company Profiles

11.1      ASR Group

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2      Associated British Foods Plc.

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3      Norevo GmbH

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4      Specialty Products and Technology, Inc

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5      The Archer Daniels Midland Company

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6      Hangzhou Youither Bioscience Co., Ltd.

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

12.        Appendix

12.1      About The Insight Partners

12.2      Glossary of Terms

 


LIST OF TABLES

Table 1.             APAC Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.             China Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 3.             China Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 4.             China Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 5.             Japan Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Japan Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 7.             Japan Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 8.             India Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 9.             India Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 10.          India Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 11.          South Korea Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 12.          South Korea Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 13.          South Korea Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 14.          Australia Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 15.          Australia Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 16.          Australia Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 17.          Rest of APAC Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of APAC Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)

Table 19.          Rest of APAC Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 20.          Glossary of Terms

 


LIST OF FIGURES

Figure 1.           APAC Dried Honey Market Segmentation

Figure 2.           APAC Dried Honey Market Segmentation – By Country

Figure 3.           APAC Dried Honey Market Overview

Figure 4.           APAC Dried Honey Market, By Category

Figure 5.           APAC Dried Honey Market, By Country

Figure 6.           Porter's Five Forces Analysis

Figure 7.           Expert Opinion

Figure 8.           APAC Dried Honey Market Impact Analysis of Drivers and Restraints

Figure 9.           APAC: Dried Honey Market – Revenue and Forecast to 2028 (US$ Million)

Figure 10.        APAC Dried Honey Market Breakdown by Form, 2020 & 2028 (%)

Figure 11.        APAC Powder Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

Figure 12.        APAC Granules Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

Figure 13.        APAC Dried Honey Market Breakdown by Category, 2020 & 2028 (%)

Figure 14.        APAC Organic Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

Figure 15.        APAC Conventional Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

Figure 16.        APAC Dried Honey Market Breakdown by Application, 2020 & 2028 (%)

Figure 17.        APAC Food and Beverages Market Revenue Forecasts To 2028 (US$ Million)

Figure 18.        APAC Personal Care Market Revenue Forecasts To 2028 (US$ Million)

Figure 19.        APAC Pharmaceuticals and Nutraceuticals Market Revenue Forecasts To 2028 (US$ Million)

Figure 20.        APAC Lozenges Market Revenue Forecasts To 2028 (US$ Million)

Figure 21.        APAC Gummies Market Revenue Forecasts To 2028 (US$ Million)

Figure 22.        APAC Others Market Revenue Forecasts To 2028 (US$ Million)

Figure 23.        APAC: Dried Honey Market, by Key Country – Revenue (2020) (US$ Million)

Figure 24.        APAC: Dried Honey Market Revenue Share, by Key Country (2020 and 2028)

Figure 25.        China: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Japan: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

Figure 27.        India: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        South Korea: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Australia: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Rest of APAC: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

  1. ASR Group       
  2. Associated British Foods Plc.  
  3. Hangzhou Youither Bioscience Co., Ltd.
  4. Norevo GmbH
  5. Specialty Products and Technology, Inc   
  6. The Archer Daniels Midland Company      
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the APAC dried honey market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC dried honey market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving dried honey market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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