Europe Honey Market to Reach $4.24 Billion by 2028, EU-5 the Major Revenue Contributor in the Market

CHICAGO, July 19, 2023 /PRNewswire/ — According to Arizton’s latest research study report, the Europe honey market will grow at a CAGR of 4.76% throughout 2022-2028.

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Since ancient times, honey has actually been utilized in Europe for its health advantages and injury treatment. The usage of honey to produce cough syrups, bake, and for direct intake increased throughout the COVID-19 pandemic. The need for honey from the pharmaceutical, food & drink, personal care & cosmetics, and family pet markets increased after the COVID-19 pandemic due to its dietary worth.

Health awareness is increasing in European nations, driving the need for honey-based items. Innovations and advances in honey processing and extraction increased the production of honey. Many business source honey from other nations to meet the need in the market due to the increased honey need. Maintaining the quality of honey is a significant concern in Europe. Thus, customers choose premium honey. The need for dietary supplements and food is increasing in Europe. The need for honey at e-commerce platforms in Europe is high. Therefore, the Europe honey market is anticipated to grow in the upcoming years.

Europe Honey Market Report Scope

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Honey and honey-based items are available at retailers, business sites, and e-commerce platforms, such as Carrefour, Amazon, E. Leclerc, and others. There are numerous significant gamers present in the honey market in Europe. Most of them offer their items on their website and e-commerce platforms. Tesco is one the biggest chain of grocery items in Europe. The business has its honey items and offers other brand names’ honey items on its website. Selling items on online platforms needs less expense on facilities and interaction. Thus, such business get more profits by offering honey at physical shops and online platforms.

Key Findings

• There is a rise in using honey as a natural sweetener in the Europe honey market. Honey is utilized as a replacement for sugar and corn syrup.

• Eu is just 60% self-dependent in honey. Most European nations import honey from other nations to meet the need.

• The usage of honey is increasing in processed food to increase the dietary worth of items.

• The e-commerce sector is proliferating in Europe, and the need for honey from online platforms has actually increased quickly in the last couple of years.

• Many research study studies have actually revealed that honey is extremely efficient in dealing with different illness; for example, in dealing with cancer, honey is utilized to reduce the impacts on the body.

Segmentation Insights

Insights by Application: the Europe honey market by application is segmented into nutrition, medication, and skin care & appeal. In 2022, the nutrition section controlled the marketplace share, representing over 72%. There has actually been an increase in awareness towards healthy consuming routines and health awareness; individuals progressively choose food enriched with additional nutrition. By taking in honey, individuals can get all such gain from honey. The dietary material in honey assists to enhance the food digestion system and meet the requirement for body function and metabolic process. As honey has numerous health advantages and increases awareness about health amongst Europeans, the intake of honey for different applications is increasing. The increasing variety of illness increases the intake of dietary value-based items in Europe.

Insights by End User: the Europe honey market by the end user is segmented into people, food & drink business, personal care & cosmetics producers, and others. Other sections are divided into sub-segments, such as people, food & drink business, personal care & cosmetics producers, and others. In 2022, the specific section represented the greatest Europe honey market share. In European nations, the need for raw honey is extremely high. The business are putting logo designs as natural cultivated honey and getting destination of the customers to purchase their items. People choose unprocessed, natural honey, abundant in nutrition and flavourful honey. Further, there is increasing need for honey-based items, and business need more raw honey as the different illness are increasing in Europe, where honey is the very best service for the treatment. Pharmaceutical business have actually begun increasing the honey need for making honey-based pharmaceutical items adding to the development of the Europe honey market.

Geographical Overview

The EU-5 honey market to reach $2.2 billion by 2028. The EU-5 is the significant profits factor to the Europe honey market, followed by Central, Eastern & Southern Europe and the Nordic area. The increased adoption of a diet plan pattern and health awareness in the area drives the honey market in EU-5 nations. Awareness of using honey for health advantages is high in EU-5 nations. Honey is an alternative to jams and other sweeteners due to its health advantages. Many illness prevail in EU-5 nations. Many research studies reveal that honey is a restorative representative in cancer treatment. Consumers in EU-5 nations choose natural items for skin care and appeal functions. Therefore, the need for honey from cosmetics business increases quickly.

Russia, Poland, Switzerland, the Netherlands, and Greece are significant nations in the honey market throughout Central, Eastern, and Southern Europe. Obesity, obese, and diabetes are the significant concerns triggered due to junk food intake routines and altering way of lives in the last couple of years. Honey from this area is understood for its high quality, and the majority of the honey is utilized to treat different illness and enhance the body immune system. The intake of honey from the cosmetics market is increasing due to the increased need for honey-based personal care and appeal items. Therefore, producing substantial opportunities for market suppliers.

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Key Company Profiles

• New Zealand Honey Co.

• Comvita

• Lamex Food Group Limited

• Valeo Foods Group

• Langnese Honig

• Oha Honey LP

• The London Honey Co.

• Pastili

• Bilbo

• Hilltop

• Littleover Apiaries Ltd.

• Streamland Biological Technology Ltd.

• Just Bee

• Nestle

• Joh.Gottfr. Schütte GmbH & Co. KG

• Famille Michaud

• Fileomera

• Fursten Reform Dr. med. Hans Plumer GmbH & Co. KG

Market Segmentation

Application

• Nutrition

• Skin Care & Beauty

• Medicine

End Users

Geography

Key Questions Answered in the Report:

• How huge is the Europe honey market?

• What is the development rate of the Europe honey market?

• What are the substantial patterns driving the development of the Europe honey market?

• Who are the crucial gamers in the Europe honey market?

• What area holds the most popular Europe honey market share?

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