From Globe Newswire: 2024-07-31 22:00:00

The Global Honey Food Market is set to grow from USD 8.94 Billion in 2023 to USD 14.53 Billion by 2033, with a CAGR of 4.98%. Health benefits and consumer demand for natural sweeteners are driving market growth. However, threats to honey bee populations from climate change and pesticides pose risks to production. The conventional honey segment leads the market due to its affordability and familiar flavor, while supermarkets and hypermarkets dominate distribution channels. North America currently holds the largest market share, with Asia Pacific expected to see the fastest growth due to rising health awareness and strong apiculture industries in countries like India and China. Major vendors include McCormick & Company, Inc., Walmart, and Dabur India Ltd. Recent developments include Walmart’s launch of a premium food line featuring Hot Honey Seasoning. The market is segmented by type (raw, conventional, processed) application (spreading, beverage), and distribution channel (supermarkets/hypermarkets). Other related reports include the Global Smart Card Materials Market and Global Gummy Market.



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