Owing to benefits such as nutritional benefits, benefits to the digestive apparatus, benefits to the respiratory system, benefits to skin and wound healing, benefits to eye disorders, medicine-like benefits, and other benefits dried honey is experiencing rapid adoption as opposed to alternative artificial products, thus fostering growth in the global dried honey market.
The global Dried Honey market is projected to reach US$ 1,720 Million by 2032, growing at a CAGR of 7.9%
Covid-19 Impact & Market Status
Covid crisis heavily affected the global dried honey market economy decimating the industries producing products dependent on dried honey. Lack of use of modern equipment due to pandemic led mobility restrictions as well as gaps in knowledge on how to brand, reduced sell of products locally and globally impacted the economic state of the global dried honey market.
However, honey production and further processing for making dried honey is getting back to normal operations. The companies and industries are identifying and targeting new set of priorities, extending their product lines, and targeting new markets for leveraging company profits and emerge from the pandemic.
Powder Dried Honey Segment to Emerge as the Most Lucrative Segment
Global Dried Honey Market is classified into powder, granules, candy, lozenges, others on the basis of product type. Among these, the powder is poised to incur the highest revenue streams. Honey powder has good commercial potential in the bakery and confectionary industry. Moreover, the ever-increasing demand for powdered honey from consumers owing to nutritional benefits is driving the growth of powder honey in the global dried honey market.
Organic Dried Honey Source Segment to Remain Atop
Global Dried Honey Market is classified into artificial and organic on the basis of source type. Among these, organic dried honey is poised to incur the highest revenue streams. The key factors such increasing health awareness, consumer shifts from artificial to organic foods is propelling the growth of organic honey.
Lemon and Honey to Ensure Revenue Maximization
Global Dried Honey Market is classified into honey and lemon, and others on the basis of flavour type. Among these lemon and honey segment accounted for maximum sales growth and may experience substantial growth in future. The key factors such as good taste and flavour, antiseptic and antimicrobial properties, good for skin diseases is increasing the use of lemon and honey favour of dried honey.
Commercial Segment to Ensure Maximum Revenue Collection
Global Dried Honey Market is classified into residential and commercial on the basis of end user type. Among these, commercial segment is witnessing huge demand for dried honey for usage in bakery and confectionary industry, cosmetics and soap industry, and healthcare.
China to Render Ample Investment Avenues
APAC countries especially China is the largest country contributing majorly in the global dried honey market revenue. China ranks topmost in production, global and domestic supply quantity. China is leading also in the domestic consumption and usage of dried honey in bakery and confectionary industry, cosmetics and soap industry, and healthcare. The rising health awareness, historical and religious of honey, presence of leading companies producing dried honey, and companies and government emphasizing on increasing the overall bee population for sustainable development are the key factors boosting the growth of China in Global Dried Honey Market. European and North American countries are also witnessing growing demand for dried honey.
The increasing for honey in medicine for curing multitude of mental and bodily illness and cosmetic purposes, has accentuated the reliance on dried honey.
Rapid end use applications across industries such as food and beverage, health and healthcare, personal care, cosmetics, and other industries are fostering remarkable progress in the global dried honey market.
Advantages such as superlative medicinal, antiseptic, antipyretic, antiallergent, & antimicrobial, and other crucial beneficial properties, high amount of nutritional values etc are encouraging further adoption of dried honey. Furthermore, other advantages of dried honey such as reduced storage space and ease of handling is also propelling its use across industries.
Dried honey is processed from honey into flakes, granules, or powder form. Dried honey is used viscous liquid foods to overcome the problems such as loss in adherence to containers. Dried honey has good commercial potential in the bakery and confectionary industry. Dried honey improves sales appeal, flavour, color, aroma, texture, and maintains the quality of the product. Owing to multiple advantages, dried honey is been used for many years.
Factors such increasing use in bakery and confectionary industry, cosmetics and soap industry, development of value added products from honey, usage in medicine like products, food ingredient, and its growing use as a food are driving the growth of global dried honey market.
However, increased cost of drying, stickiness posing major problem in drying sugar rich products such as honey, under-drying or over-drying are some major factors that may sink the growth of global dried honey market. Furthermore, scientists from the coming up with a new method to produce dried honey, increased consumption, and growing demand for dried honey from food industry and consumers are anticipated to favourable opportunities for the global dried honey market.
The key companies producing dried honey for usage in cosmetics, confectionary, healthcare, bakery, and other industries are Island Abbey Foods Ltd, Wuhu Deli Foods Co., Natural Sourcing LLC, Maple Leaf Garden Food Co, Archer Daniels Midland Company, The Good Scents Company, and Augason Farms Pvt Ltd among the well-established and emerging dried honey producers. The producers are coming with advanced drying methods, different flavours strengthening its position on the global dried honey market. The companies and industries are identifying and targeting new set of priorities, extending their product lines, and targeting new markets for leveraging company profits and emerge from the pandemic.
Latest Innovations in the Global Dried Honey Coil Market: a Snapshot
- Scientists from the Warsaw University of Life Sciences (SGGW) have come up with a new method for producing dried honey and overcoming the current challenges involved in making dried honey. The scientists have used dried air during spray drying reducing the temperature of material during drying. The innovative product is replaced with nutriose instead of maltodextrin.
- The companies and industries are identifying and targeting new set of priorities, extending their product lines, and targeting new markets for leveraging company profits.
Dried Honey Market Scope
|Revenue forecast in 2032
|US$ 1,720 Million
|CAGR of 7.9 % during 2022-2032
|By Method, By Nature, By End Use, By Flavours, Regions
|North America, Europe, Asia Pacific, South America, Middle East and Africa
|Key Players Profiled
|Specialty Products and Technology Inc., The Archer Daniels Midland Company, Best Ground International, Bio Botanica, Inc., Domino Specialty Ingredients (ASR Group), Haldin Pacific Semesta, Spice Jungle, LLC, Ohly (ABF Ingredients), Hoosier Hill Farm, Maple Leaf Garden Food Co., Island Abbey Foods Ltd., Wuhu Deli Foods Co., Ltd., Natural Sourcing LLC
Key Segments of the Global Dried Honey Market
Product Type Overview (USD Million)
Source Overview, (USD Million)
Flavour Overview, (USD Million)
- Pure Honey
- Honey And Lemon
End User Overview, (USD Million)
Regional Overview, (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa