Additionally, honey has found broader relevance across industries beyond just sweetening. Post-pandemic health consciousness has further increased demand for immunity-boosting products, with honey emerging as a preferred choice. Its integration into food and beverage products, cosmetics, and pharmaceuticals continues to reinforce its value in everyday wellness.
Key Takeaways
The global honey market is projected to reach USD 15.4 billion by 2033
Expected CAGR: 5.2% from 2023 to 2033
Conventional honey leads with a 78.6% market share
Food & Beverage segment accounts for 65.3% of applications
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