Agriculture, Livestock & Food Inputs · Direct
Monitoring · monthlyProcurement Category Intelligence
Honey
Overview
Market size
$11.5B
global, USD
CAGR
4.5%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
12
tracked players
Signals
12
3 high severity
Market outlook
2031$14.3B
What changed
Demand by region
Asia Pacific demand38%
Europe demand28%
North America demand22%
Latin America demand7%
Rest of world demand5%
share of global demandtotal 100%
Cost drivers
Raw honey feedstock55%
Packaging materials15%
Logistics and distribution15%
Processing and quality testing10%
Labor and overhead5%
share of delivered cost (analyst estimate)