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Aug 12, 2023

Honey Market Size to Reach USD 14+ Billion by 2032

Updated · Jun 07, 2023 Published Via 11Press : Honey market is a natural

Updated · Jun 07, 2023

Published Via 11Press : Honey market is a natural sweetener that has been used for centuries due to its various health benefits, including anti-bacterial and anti-inflammatory properties. With consumers becoming more health-conscious and environmentally aware, the demand for organic and locally sourced honey has increased significantly.

In 2022, the global honey market was valued at USD 8.9 Billion and is expected to grow to USD 14.2 Billion in 2032. Between 2022 and 2032, this market is estimated to register a CAGR of 4.6%

In recent years, there has been an increase in the popularity of specialty honey products such as Manuka Honey from New Zealand which is known for its antibacterial properties and raw artisanal varieties that are unprocessed and retain all their natural goodness. As people become more invested in health trends, we can expect to see continued growth in this market sector with new product offerings emerging on store shelves globally.

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Q: What is the current size of the Functional Beverages market?

A: The Global Functional Beverages Market size is USD 8.9 Billion in 2022.

Q: What is the projected growth rate for the Functional Beverages market?

A: The cell culture media market is expected to grow at a CAGR of 4.6% from 2023 to 2032.

Q: What are some of the key players in the Functional Beverages market?

A: Some of the key players in the cell culture media market include Beyond the Hive, Barkman Honey LLC, Dabur India Ltd., Capilano Honey Ltd., New Zealand Honey Co., Streamland Biological Technology Ltd., Oha Honey LP, Billy Bee Honey Products, Comvita Ltd., Gold Honey Inc., Honey Limited, Dutch Gold Honey Inc., Comvita Food Ltd., Comvita China Ltd., Other Key Players

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