Manuka Honey Market Size, Share, and Analysis, By Type (UMF 5+/MGO 83 mg/kg [ppm], UMF 10+/MGO 263 mg/kg [ppm], UMF 15+/MGO 514 mg/kg [ppm], UMF 20+/MGO 829 mg/kg [ppm]), By Nature (Organic/Natural, Conventional), By Application (Nutraceutical, Pharmaceutical, Food and Beverages, Cosmetic and Personal Care, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Others) and Regional Forecasts, 2022-2032
Manuka Honey Market Size, Share, and Analysis, By Type (UMF 5+/MGO 83 mg/kg [ppm], UMF 10+/MGO 263 mg/kg [ppm], UMF 15+/MGO 514 mg/kg [ppm], UMF 20+/MGO 829 mg/kg [ppm]), By Nature (Organic/Natural, Conventional), By Application (Nutraceutical, Pharmaceutical, Food and Beverages, Cosmetic and Personal Care, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Others) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Manuka Honey Market size was USD 0.52 billion in 2021 and projected to grow from USD 0.6 billion in 2023 to USD 1.0 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period.
Manuka honey is the monofloral honey generated from the manuka tree’s nectar. The manuka tree originates to some areas of Australia and also New Zealand, but is presently produced on the global scale. It holds a strong and earthy smell, flavor, and is used as a substitute of sugar. Manuka honey is fairly bitter flavored due to the significant amount of methylglyoxal compounds.
MARKET HIGHLIGHTS
Manuka Honey Market is expected to reach USD 1.0 billion, growing at a CAGR of 6.4% during the forecast period owing to the numerous health benefits of manuka honey, which include its capacity to promote better digestion, ease sore throats, cure acne, and shield for gastric ulcers. Also, since more people are becoming aware of the benefits of manuka honey, the product purchase is expected to increase, which will drive the market growth over the estimated period.
Manuka Honey Market Segments:
Growth Drivers
Several Health Benefits Associated with Manuka Honey is Expected to Boost the Market Growth
Increasing Use of Manuka Honey in Cosmetics Industry is Expected to Boost the Market Growth
Restraint
High Price of Manuka Honey May Restrain the Market Growth
Key Players
PRODUCT OVERVIEW
Manuka Honey Market size was USD 0.52 billion in 2021 and projected to grow from USD 0.6 billion in 2023 to USD 1.0 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period.
Manuka honey is the monofloral honey generated from the manuka tree’s nectar. The manuka tree originates to some areas of Australia and also New Zealand, but is presently produced on the global scale. It holds a strong and earthy smell, flavor, and is used as a substitute of sugar. Manuka honey is fairly bitter flavored due to the significant amount of methylglyoxal compounds.
MARKET HIGHLIGHTS
Manuka Honey Market is expected to reach USD 1.0 billion, growing at a CAGR of 6.4% during the forecast period owing to the numerous health benefits of manuka honey, which include its capacity to promote better digestion, ease sore throats, cure acne, and shield for gastric ulcers. Also, since more people are becoming aware of the benefits of manuka honey, the product purchase is expected to increase, which will drive the market growth over the estimated period.
Manuka Honey Market Segments:
- Type
- UMF 5+/MGO 83 mg/kg (ppm)
- UMF 10+/MGO 263 mg/kg (ppm)
- UMF 15+/MGO 514 mg/kg (ppm)
- UMF 20+/MGO 829 mg/kg (ppm)
- Nature
- Organic/Natural
- Conventional
- Application
- Nutraceutical
- Pharmaceutical
- Food and Beverages
- Cosmetic and Personal Care
- Others
- Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Online Stores
- Others
Growth Drivers
Several Health Benefits Associated with Manuka Honey is Expected to Boost the Market Growth
Increasing Use of Manuka Honey in Cosmetics Industry is Expected to Boost the Market Growth
Restraint
High Price of Manuka Honey May Restrain the Market Growth
Key Players
- Midland Holdings
- Comvita Limited
- OHA Honey
- Capilano Honey Ltd.
- GO Healthy New Zealand Ltd.
- Nature's Gold
- Manuka Health New Zealand
- Arataki Honey
- Mossops Honey
- Australia's Manuka
- Simply Honey
- Barnes Natural
- New Zealand Honey Co.
- Pure New Zealand Honey
- Watson And Sons
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3. Manuka Honey Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Manuka Honey Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. MANUKA HONEY MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. MANUKA HONEY MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Type
10.3.1.1.UMF 5+/MGO 83 mg/kg (ppm)
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. UMF 10+/MGO 263 mg/kg (ppm)
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. UMF 15+/MGO 514 mg/kg (ppm)
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.4. UMF 20+/MGO 829 mg/kg (ppm)
10.3.1.4.1.By Value (USD Million) 2022-2032F
10.3.1.4.2. Market Share (%) 2022-2032F
10.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.By Nature
10.3.2.1. Organic/Natural
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Conventional
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.By Application
10.3.3.1. Nutraceutical
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Pharmaceutical
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.3.Food and Beverages
10.3.3.3.1.By Value (USD Million) 2022-2032F
10.3.3.3.2.Market Share (%) 2022-2032F
10.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.4.Cosmetic and Personal Care
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2.Market Share (%) 2022-2032F
10.3.3.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.5.Others
10.3.3.5.1. By Value (USD Million) 2022-2032F
10.3.3.5.2.Market Share (%) 2022-2032F
10.3.3.5.3.Y-o-Y Growth (%) 2022-2032F
10.3.4.By Distribution Channel
10.3.4.1. Supermarkets/Hypermarkets
10.3.4.1.1.By Value (USD Million) 2022-2032F
10.3.4.1.2. Market Share (%) 2022-2032F
10.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.4.2.Convenience Stores
10.3.4.2.1. By Value (USD Million) 2022-2032F
10.3.4.2.2.Market Share (%) 2022-2032F
10.3.4.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.4.3.Online Stores
10.3.4.3.1. By Value (USD Million) 2022-2032F
10.3.4.3.2.Market Share (%) 2022-2032F
10.3.4.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.4.4. Others
10.3.4.4.1. By Value (USD Million) 2022-2032F
10.3.4.4.2.Market Share (%) 2022-2032F
10.3.4.4.3.Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.2. By Nature
11.3.3. By Application
11.3.4. By Distribution Channel
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By Nature
12.3.3.By Application
12.3.4.By Distribution Channel
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By Nature
13.3.3.By Application
13.3.4.By Distribution Channel
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2.By Nature
14.3.3.By Application
14.3.4. By Distribution Channel
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By Nature
15.3.3.By Application
15.3.4.By Distribution Channel
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.Midland Holdings
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Comvita Limited
17.3. OHA Honey
17.4. Capilano Honey Ltd.
17.5. GO Healthy New Zealand Ltd.
17.6. Nature's Gold
17.7. Manuka Health New Zealand
17.8. Arataki Honey
17.9. Mossops Honey
17.10. Australia's Manuka
17.11.Simply Honey
17.12. Barnes Natural
17.13. New Zealand Honey Co.
17.14. Pure New Zealand Honey
17.15. Watson And Sons
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3. Manuka Honey Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Manuka Honey Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. MANUKA HONEY MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. MANUKA HONEY MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Type
10.3.1.1.UMF 5+/MGO 83 mg/kg (ppm)
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. UMF 10+/MGO 263 mg/kg (ppm)
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. UMF 15+/MGO 514 mg/kg (ppm)
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.4. UMF 20+/MGO 829 mg/kg (ppm)
10.3.1.4.1.By Value (USD Million) 2022-2032F
10.3.1.4.2. Market Share (%) 2022-2032F
10.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.By Nature
10.3.2.1. Organic/Natural
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.Conventional
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.By Application
10.3.3.1. Nutraceutical
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Pharmaceutical
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.3.Food and Beverages
10.3.3.3.1.By Value (USD Million) 2022-2032F
10.3.3.3.2.Market Share (%) 2022-2032F
10.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.4.Cosmetic and Personal Care
10.3.3.4.1. By Value (USD Million) 2022-2032F
10.3.3.4.2.Market Share (%) 2022-2032F
10.3.3.4.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.5.Others
10.3.3.5.1. By Value (USD Million) 2022-2032F
10.3.3.5.2.Market Share (%) 2022-2032F
10.3.3.5.3.Y-o-Y Growth (%) 2022-2032F
10.3.4.By Distribution Channel
10.3.4.1. Supermarkets/Hypermarkets
10.3.4.1.1.By Value (USD Million) 2022-2032F
10.3.4.1.2. Market Share (%) 2022-2032F
10.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.4.2.Convenience Stores
10.3.4.2.1. By Value (USD Million) 2022-2032F
10.3.4.2.2.Market Share (%) 2022-2032F
10.3.4.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.4.3.Online Stores
10.3.4.3.1. By Value (USD Million) 2022-2032F
10.3.4.3.2.Market Share (%) 2022-2032F
10.3.4.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.4.4. Others
10.3.4.4.1. By Value (USD Million) 2022-2032F
10.3.4.4.2.Market Share (%) 2022-2032F
10.3.4.4.3.Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.2. By Nature
11.3.3. By Application
11.3.4. By Distribution Channel
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By Nature
12.3.3.By Application
12.3.4.By Distribution Channel
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By Nature
13.3.3.By Application
13.3.4.By Distribution Channel
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2.By Nature
14.3.3.By Application
14.3.4. By Distribution Channel
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA MANUKA HONEY MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By Nature
15.3.3.By Application
15.3.4.By Distribution Channel
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.Midland Holdings
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Comvita Limited
17.3. OHA Honey
17.4. Capilano Honey Ltd.
17.5. GO Healthy New Zealand Ltd.
17.6. Nature's Gold
17.7. Manuka Health New Zealand
17.8. Arataki Honey
17.9. Mossops Honey
17.10. Australia's Manuka
17.11.Simply Honey
17.12. Barnes Natural
17.13. New Zealand Honey Co.
17.14. Pure New Zealand Honey
17.15. Watson And Sons
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
