PUBLISHER: Renub Research | PRODUCT CODE: 1438329
PUBLISHER: Renub Research | PRODUCT CODE: 1438329
United States Honey Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis
United States Honey Market is predicted to be priced at around US$ 4.15 Billion by 2030, according to Renub Research. Honey enjoys sizeable popularity globally and is loved for its multifaceted attraction. Renowned for its natural sweetness, honey is a flexible component in culinary delights globally, from sweetening beverages to improving savory dishes. Beyond its culinary uses, honey boasts medicinal properties and is revered in traditional remedies and cutting-edge healthcare. In the US, the fascination with honey extends to its local varieties, reflecting regional vegetation and providing a flavorful journey for enthusiasts nationwide.
United States Honey Market is expected to increase at a CAGR of 4.95% between 2024 and 2030
The surge in fitness awareness fuels the growth of the honey market as purchasers increasingly prioritize natural and healthy alternatives to processed sugars. Honey, lauded for its dietary benefits and medicinal properties, emerges as a favored desire for fitness-aware individuals to enhance their well-being. Its rich antioxidant content, antimicrobial properties, and capability of relieving allergic reactions contribute to its enchantment. As the focus on the fitness benefits of honey continues to spread, the demand for this natural sweetener escalates, leading to the expansion of the United States honey market.
The United States honey market is updating, adapting to diverse effects such as technological betterment and transforming consumer possibilities. Introducing new processing technology and revolutionary extraction techniques has increased production performance and yield. According to the USDA, US honey production amounted to one hundred twenty-five million pounds. The yield per colony averaged 47.0 pounds. There had been 2.67 million colonies making honey. Furthermore, there's a developing trend in the direction of natural and specialty honey, pushing the enterprise into new market segments even as it expands its worldwide footprint.
The honey market has several untapped capacities that individuals can leverage. Producers of prescription drugs can explore honey's healing properties to achieve growth. Implementing strict measures against honey adulteration will enhance credibility. This can also lead to an increase in worldwide change. For example, the USDA's ELAP application gives monetary help to honeybee producers for losses caused by disease, adverse climate events, blizzards, and wildfires. Also, the U.S. General Services Administration (GSA) introduced its Pollinator Initiative in 2022 to shield pollinators, which can be critical to agriculture and food manufacturing, contributing over US$ 20 Billion annually to the country's broad economy. This is part of GSA's commitment to sustainability and addressing climate change. Hence, the United States honey market was US$ 2.96 Billion in 2023.
Honey holds significant importance in the food and beverage industry of the United States
By application, the United States honey market is fragmented into Food & Beverage, Personal Care & Cosmetics, Pharmaceuticals, and Others. Food and beverages are among the most prominent applications in the United States honey market. This is due to honey's versatility and natural appeal. As a wholesome sweetener, it enhances the flavor profiles of myriad merchandise, from breakfast cereals to baked goods, sauces, and dressings. Its flavor and nutritional benefits make it a favored ingredient for health-conscious purchasers searching for natural alternatives to processed sugars. Moreover, honey's antimicrobial properties extend its shelf life in food items, contributing to its substantial use throughout the food and beverage industry, thereby driving the dominance of the honey market in the United States.
Glass jars may become the preferred choice in the United States honey market
The United States honey market is segmented by packaging into glass jars, bottles, Tubs, tubes, and others. Glass jars could dominate the United States honey market. This is because they hold honey's purity, stopping infection and keeping its natural flavors. The apparent nature of glass lets consumers assess honey quality, fostering belief visually. Moreover, glass is eco-friendly and recyclable, aligning with developing environmental worries. The aesthetic appeal of glass jars complements product presentation, influencing purchaser alternatives. Overall, the combination of renovation, transparency, environmental consciousness, and visual enchantment makes glass jars a primary need in the US honey market.
Conventional processing is one of the most significant segments of the honey market in the United States
The United States honey market is categorized into Organic and Conventional by processing. Conventional processing has one of the most noteworthy shares in the US honey market. This is due to its accessibility, familiarity, and cost-effectiveness. This technique entails heating honey to dissolve crystals and improve readability, followed by filtration for particle elimination. While critics argue this process may additionally reduce some of honey's natural enzymes and antioxidants, it keeps consistency and extends shelf lives. Moreover, traditional processing aligns with regulatory standards, ensuring product protection and compliance. Its massive adoption through large-scale manufacturers and smaller beekeepers solidifies its function as a dominant processing section in the United States honey market.
Honey market in the US majorly relies on supermarkets and hypermarkets
By distribution channel, the United States honey market is branched into Supermarkets/Hypermarkets, Convenience Stores, Online Retailers, and Others. Supermarkets and hypermarkets command one of the principal shares of the United States honey market. This is because of their widespread reach and comfort for consumers. These retail giants offer numerous honey kinds, catering to one-of-a-kind tastes and preferences. Supermarkets and hypermarkets are the go-to locations for people shopping for honey because they are readily handy and low-priced. They are found in urban and rural regions, making them a widespread consumer desire. This has given them a decisive US honey market function.
California might dominate the honey market in the United States
By states, the United States honey market is divided into California, Texas, New York, Florida, Illinois, Pennsylvania, Ohio, Georgia, New Jersey, Washington, North Carolina, Massachusetts, Virginia, Michigan, Maryland, Colorado, Tennessee, Indiana, Arizona, Minnesota, Wisconsin, Missouri, Connecticut, South Carolina, Oregon, Louisiana, Alabama, Kentucky, and Rest of United States. California may become a frontrunner in the United States honey market. This is because of its numerous agricultural landscapes and favorable climate for honey manufacturing. The country's vast expanses of farmland support an extensive selection of floral resources, imparting considerable nectar for honeybees.
California's innovative agricultural practices and research institutions promote innovation in beekeeping strategies, enhancing honey yields and high quality. The honey enterprise in California is flourishing and is renowned for producing terrific honey, such as orange blossom and avocado. This has caused a sturdy demand from domestic and worldwide markets, cementing its role as a widespread participant in the US honey market.
Key Players
Comvita Limited, Barkman Honey, LLC, Johnston Home, Dutch Gold Honey, Adee Honey Farms, The Big Island Bee Company, LLC, Glory Bee Inc., Crockett Honey Co., Inc., and Miller's Honey Company are the leading companies in the United States honey market.
Application - United States Honey Market breakup in 4 viewpoints:
1. Food & Beverage
2. Personal Care & Cosmetics
3. Pharmaceuticals
4. Others
Packaging - United States Honey Market breakup in 5 viewpoints:
1. Glass jars
2. Bottles
3. Tubs
4. Tubes
5. Others
Processing - United States Honey Market breakup in 2 viewpoints:
1. Organic
2. Conventional
Distribution Channels - United States Honey Market breakup in 4 viewpoints:
1. Supermarkets/Hypermarkets
2. Convenience Stores
3. Online Retailers
4. Others
States - United States Honey Market breakup of 29 States:
1. California
2. Texas
3. New York
4. Florida
5. Illinois
6. Pennsylvania
7. Ohio
8. Georgia
9. New Jersey
10. Washington
11. North Carolina
12. Massachusetts
13. Virginia
14. Michigan
15. Maryland
16. Colorado
17. Tennessee
18. Indiana
19. Arizona
20. Minnesota
21. Wisconsin
22. Missouri
23. Connecticut
24. South Carolina
25. Oregon
26. Louisiana
27. Alabama
28. Kentucky
29. Rest of United States
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. Comvita Limited
2. Barkman Honey, LLC
3. Johnston Home
4. Dutch Gold Honey
5. Adee Honey Farms
6. The Big Island Bee Company, LLC
7. Glory Bee Inc.
8. Crockett Honey Co., Inc.
9. Miller's Honey Company
Table of Contents
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
5. United States Honey Market
6. Market Share - United States Honey Market
- 6.1 By Application
- 6.2 By Packaging
- 6.3 By Processing
- 6.4 By Distribution Channel
- 6.5 By States
7. Application - United States Honey Market
- 7.1 Food & Beverage
- 7.2 Personal Care & Cosmetics
- 7.3 Pharmaceuticals
- 7.4 Others
8. Packaging - United States Honey Market
- 8.1 Glass Jar
- 8.2 Bottle
- 8.3 Tub
- 8.4 Tube
- 8.5 Others
9. Processing - United States Honey Market
- 9.1 Organic
- 9.2 Conventional
10. Distribution Channel - United States Honey Market
- 10.1 Supermarkets/Hypermarkets
- 10.2 Convenience Stores
- 10.3 Online Retailers
- 10.4 Others
11. States - United States Honey Market
- 11.1 California
- 11.2 Texas
- 11.3 New York
- 11.4 Florida
- 11.5 Illinois
- 11.6 Pennsylvania
- 11.7 Ohio
- 11.8 Georgia
- 11.9 New Jersey
- 11.10 Washington
- 11.11 North Carolina
- 11.12 Massachusetts
- 11.13 Virginia
- 11.14 Michigan
- 11.15 Maryland
- 11.16 Colorado
- 11.17 Tennessee
- 11.18 Indiana
- 11.19 Arizona
- 11.20 Minnesota
- 11.21 Wisconsin
- 11.22 Missouri
- 11.23 Connecticut
- 11.24 South Carolina
- 11.25 Oregon
- 11.26 Louisiana
- 11.27 Alabama
- 11.28 Kentucky
- 11.29 Rest of United States
12. Porter's Five Analysis - United States Honey Market
- 12.1 Bargaining Power of Buyers
- 12.2 Bargaining Power of Suppliers
- 12.3 Degree of Rivalry
- 12.4 Threat of New Entrants
- 12.5 Threat of Substitutes
13. SWOT Analysis - United States Honey Market
- 13.1 Strength
- 13.2 Weakness
- 13.3 Opportunity
- 13.4 Threat
14. Company Analysis
- 14.1 Comvita Limited
- 14.1.1 Overview
- 14.1.2 Recent Development
- 14.1.3 Revenue
- 14.2 Barkman Honey, LLC
- 14.2.1 Overview
- 14.2.2 Recent Development
- 14.3 Johnston Home
- 14.3.1 Overview
- 14.3.2 Recent Development
- 14.4 Dutch Gold Honey
- 14.4.1 Overview
- 14.4.2 Recent Development
- 14.5 Adee Honey Farms
- 14.5.1 Overview
- 14.5.2 Recent Development
- 14.6 The Big Island Bee Company, LLC
- 14.6.1 Overview
- 14.6.2 Recent Development
- 14.7 Glory Bee Inc.
- 14.7.1 Overview
- 14.7.2 Recent Development
- 14.8 Crockett Honey Co., Inc.
- 14.8.1 Overview
- 14.8.2 Recent Development
- 14.9 Miller's Honey Company
- 14.9.1 Overview
- 14.9.2 Recent Development
List of Figures
- Figure-01: United States - Honey Market (Billion US$), 2019 - 2023
- Figure-02: United States - Forecast for Honey Market (Billion US$), 2024 - 2030
- Figure-03: Application - Food & Beverage Market (Million US$), 2019 - 2023
- Figure-04: Application - Forecast for Food & Beverage Market (Million US$), 2024 - 2030
- Figure-05: Application - Personal Care & Cosmetics Market (Million US$), 2019 - 2023
- Figure-06: Application - Forecast for Personal Care & Cosmetics Market (Million US$), 2024 - 2030
- Figure-07: Application - Pharmaceuticals Market (Million US$), 2019 - 2023
- Figure-08: Application - Forecast for Pharmaceuticals Market (Million US$), 2024 - 2030
- Figure-09: Application - Others Market (Million US$), 2019 - 2023
- Figure-10: Application - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-11: Packaging - Glass Jar Market (Million US$), 2019 - 2023
- Figure-12: Packaging - Forecast for Glass Jar Market (Million US$), 2024 - 2030
- Figure-13: Packaging - Bottle Market (Million US$), 2019 - 2023
- Figure-14: Packaging - Forecast for Bottle Market (Million US$), 2024 - 2030
- Figure-15: Packaging - Tub Market (Million US$), 2019 - 2023
- Figure-16: Packaging - Forecast for Tub Market (Million US$), 2024 - 2030
- Figure-17: Packaging - Tube Market (Million US$), 2019 - 2023
- Figure-18: Packaging - Forecast for Tube Market (Million US$), 2024 - 2030
- Figure-19: Packaging - Others Market (Million US$), 2019 - 2023
- Figure-20: Packaging - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-21: Processing - Organic Market (Million US$), 2019 - 2023
- Figure-22: Processing - Forecast for Organic Market (Million US$), 2024 - 2030
- Figure-23: Processing - Conventional Market (Million US$), 2019 - 2023
- Figure-24: Processing - Forecast for Conventional Market (Million US$), 2024 - 2030
- Figure-25: Distribution Channel - Supermarkets/Hypermarkets Market (Million US$), 2019 - 2023
- Figure-26: Distribution Channel - Forecast for Supermarkets/Hypermarkets Market (Million US$), 2024 - 2030
- Figure-27: Distribution Channel - Convenience Stores Market (Million US$), 2019 - 2023
- Figure-28: Distribution Channel - Forecast for Convenience Stores Market (Million US$), 2024 - 2030
- Figure-29: Distribution Channel - Online Retailers Market (Million US$), 2019 - 2023
- Figure-30: Distribution Channel - Forecast for Online Retailers Market (Million US$), 2024 - 2030
- Figure-31: Distribution Channel - Others Market (Million US$), 2019 - 2023
- Figure-32: Distribution Channel - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-33: California - Honey Market (Million US$), 2019 - 2023
- Figure-34: California - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-35: Texas - Honey Market (Million US$), 2019 - 2023
- Figure-36: Texas - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-37: New York - Honey Market (Million US$), 2019 - 2023
- Figure-38: New York - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-39: Florida - Honey Market (Million US$), 2019 - 2023
- Figure-40: Florida - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-41: Illinois - Honey Market (Million US$), 2019 - 2023
- Figure-42: Illinois - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-43: Pennsylvania - Honey Market (Million US$), 2019 - 2023
- Figure-44: Pennsylvania - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-45: Ohio - Honey Market (Million US$), 2019 - 2023
- Figure-46: Ohio - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-47: Georgia - Honey Market (Million US$), 2019 - 2023
- Figure-48: Georgia - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-49: New Jersey - Honey Market (Million US$), 2019 - 2023
- Figure-50: New Jersey - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-51: Washington - Honey Market (Million US$), 2019 - 2023
- Figure-52: Washington - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-53: North Carolina - Honey Market (Million US$), 2019 - 2023
- Figure-54: North Carolina - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-55: Massachusetts - Honey Market (Million US$), 2019 - 2023
- Figure-56: Massachusetts - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-57: Virginia - Honey Market (Million US$), 2019 - 2023
- Figure-58: Virginia - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-59: Michigan - Honey Market (Million US$), 2019 - 2023
- Figure-60: Michigan - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-61: Maryland - Honey Market (Million US$), 2019 - 2023
- Figure-62: Maryland - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-63: Colorado - Honey Market (Million US$), 2019 - 2023
- Figure-64: Colorado - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-65: Tennessee - Honey Market (Million US$), 2019 - 2023
- Figure-66: Tennessee - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-67: Indiana - Honey Market (Million US$), 2019 - 2023
- Figure-68: Indiana - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-69: Arizona - Honey Market (Million US$), 2019 - 2023
- Figure-70: Arizona - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-71: Minnesota - Honey Market (Million US$), 2019 - 2023
- Figure-72: Minnesota - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-73: Wisconsin - Honey Market (Million US$), 2019 - 2023
- Figure-74: Wisconsin - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-75: Missouri - Honey Market (Million US$), 2019 - 2023
- Figure-76: Missouri - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-77: Connecticut - Honey Market (Million US$), 2019 - 2023
- Figure-78: Connecticut - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-79: South Carolina - Honey Market (Million US$), 2019 - 2023
- Figure-80: South Carolina - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-81: Oregon - Honey Market (Million US$), 2019 - 2023
- Figure-82: Oregon - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-83: Louisiana - Honey Market (Million US$), 2019 - 2023
- Figure-84: Louisiana - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-85: Alabama - Honey Market (Million US$), 2019 - 2023
- Figure-86: Alabama - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-87: Kentucky - Honey Market (Million US$), 2019 - 2023
- Figure-88: Kentucky - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-89: Rest of United States - Honey Market (Million US$), 2019 - 2023
- Figure-90: Rest of United States - Forecast for Honey Market (Million US$), 2024 - 2030
- Figure-91: Comvita Limited - Global Revenue (Million US$), 2019 - 2023
- Figure-92: Comvita Limited - Forecast for Global Revenue (Million US$), 2024 - 2030
List of Tables
- Table-01: United States - Honey Market Share by Application (Percent), 2019 - 2023
- Table-02: United States - Forecast for Honey Market Share by Application (Percent), 2024 - 2030
- Table-03: United States - Honey Market Share by Packaging (Percent), 2019 - 2023
- Table-04: United States - Forecast for Honey Market Share by Packaging (Percent), 2024 - 2030
- Table-05: United States - Honey Market Share by Processing (Percent), 2019 - 2023
- Table-06: United States - Forecast for Honey Market Share by Processing (Percent), 2024 - 2030
- Table-07: United States - Honey Market Share by Distribution Channel (Percent), 2019 - 2023
- Table-08: United States - Forecast for Honey Market Share by Distribution Channel (Percent), 2024 - 2030
- Table-09: United States - Honey Market Share by States (Percent), 2019 - 2023
- Table-10: United States - Forecast for Honey Market Share by States (Percent), 2024 - 2030
