North America Dried Honey Market to Grow at a CAGR of 8.0% to reach US$ 261.47 million from 2021 to 2028

    North America Dried Honey Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Form (Powder and Granules), Category (Organic and Conventional), and Application (Food and Beverages, Personal Care, and Pharmaceuticals and Nutraceuticals)

    Publication Month: May 2022 | Report Code: TIPRE00029202 | No. of Pages: 99 | Category: Food and Beverages | Status: Published

    The dried honey market in North America is expected to grow from US$ 152.16 million in 2021 to US$ 261.47 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.

    Table sugar or refined sugar is the most widely used sweetener in food and beverages. However, the rising health risks associated with refined sugar consumption, such as obesity, heart disease, and diabetes, are reducing its popularity. Obesity is associated with numerous health problems, including cardiovascular diseases such as heart disease and stroke. Obesity also leads to diabetes, one of the most common health problems in adults and children. An imbalance between the number of calories consumed and burned due to the high intake of energy-dense food products having high sugar and calorie content, and decreased physical activity is the major cause of obesity. As a result, people are increasingly replacing high-sugar food and beverages with food products containing natural sweeteners. They are similar to sugar in taste but have a substantially low calorific content. Dried honey is being widely used as a natural sweetener and flavoring agent in various food products, including bakery products, confectionery, ice creams and desserts, dairy products, sauces and dressings, cereals, and snacks. Moreover, it is also used in beverages such as tea, coffee, smoothies, and fruit juices as it easily dissolves in both hot and cold liquids, and has no aftertaste. Thus, the rising preference for dried honey as a natural sweetener in various food products and beverages drives the dried honey market in North America.

    With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America dried honey market at a good CAGR during the forecast period.

    North America Dried Honey Market Revenue and Forecast to 2028 (US$ Million)

    North America Dried Honey Market Revenue and Forecast to 2028 (US$ Million)

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    North America Dried Honey Market Segmentation

    The North America dried honey market is segmented on the basis of form, category, application, and country. Based on form, the market is segmented into powder and granules. The powder segment dominated the market in 2020, and it is expected to register a higher CAGR in the market during the forecast period. Based on category, the North America dried honey market is segmented into organic and conventional. The conventional segment dominated the market in 2020; however, the organic segment is register a higher CAGR in the market during the forecast period. Based on application, the North America dried honey market is segmented into food and beverages, personal care, and pharmaceuticals and nutraceuticals. The food and beverages segment dominated the market in 2020; however, the North America dried honey market for the pharmaceuticals and nutraceuticals segment is expected to grow at the fastest CAGR during the forecast period. The pharmaceuticals and nutraceuticals segment is further segmented as lozenges, gummies, and others. Based on country, North America dried honey market is classified into the US, Canada, and Mexico.

    ASR Group; Associated British Foods Plc.; Best Ground International; Dorilton Capital; Hoosier Hill Farm; Norevo GmbH; Specialty Products and Technology, Inc; Spice Jungle; Sweet Harvest Foods; and The Archer Daniels Midland Company are among the leading companies in the North America dried honey market.

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    2. Key Takeaways

    3. Research Methodology

    3.1 Scope of the Study

    3.2 Research Methodology

    3.2.1 Data Collection

    3.2.2 Primary Interviews

    3.2.3 Hypothesis Formulation

    3.2.4 Macro-economic Factor Analysis

    3.2.5 Developing Base Number

    3.2.6 Data Triangulation

    3.2.7 Country Level Data

    4. North America Dried Honey Market Landscape

    4.1 Market Overview

    4.2 Porter's Five Forces Analysis

    4.2.1 Bargaining Power of Suppliers

    4.2.2 Bargaining Power of Buyers

    4.2.3 Threat of New Entrants

    4.2.4 Competitive Rivalry

    4.2.5 Threat of Substitutes

    4.3 Expert Opinion

    5. North America Dried Honey Market — Key Market Dynamics

    5.1 Key Market Drivers

    5.1.1 Rising Preference for Dried Honey as Natural Sweeteners in Food Products and Beverages

    5.1.2 Increasing Awareness of Benefits of Dried Honey Across End-Use Industries

    5.2 Market Restraints

    5.2.1 Availability of Other Natural Sweeteners

    5.3 Market Opportunities

    5.3.1 Surging Demand for Dried Honey in Personal Care Industry

    5.4 Future Trends

    5.4.1 Growing Preference for Organic and All-Natural Food Products

    5.5 Impact Analysis of Drivers and Restraints

    6. Dried Honey Market –North America Analysis

    6.1 North America Dried Honey Market Overview

    6.2 North America Dried Honey Market – Revenue and Forecast to 2028

    7. North America Dried Honey Market Analysis – By Form

    7.1 Overview

    7.2 North America Dried Honey Market Breakdown, By Form, 2020 & 2028

    7.3 Powder

    7.3.1 Overview

    7.3.2 Powder Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

    7.4 Granules

    7.4.1 Overview

    7.4.2 Granules Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

    8. North America Dried Honey Market Analysis – By Category

    8.1 Overview

    8.2 North America Dried Honey Market Breakdown, By Category, 2020 & 2028

    8.3 Organic

    8.3.1 Overview

    8.3.2 Organic Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

    8.4 Conventional

    8.4.1 Overview

    8.4.2 Conventional Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

    9. North America Dried Honey Market Analysis – By Application

    9.1 Overview

    9.2 North America Dried Honey Market Breakdown, By Application, 2020 & 2028

    9.3 Food and Beverages

    9.3.1 Overview

    9.3.2 Food and Beverages Market Revenue Forecasts To 2028 (US$ Million)

    9.4 Personal Care

    9.4.1 Overview

    9.4.2 Personal Care Market Revenue Forecasts To 2028 (US$ Million)

    9.5 Pharmaceuticals and Nutraceuticals

    9.5.1 Overview

    9.5.2 Pharmaceuticals and Nutraceuticals Market Revenue Forecasts To 2028 (US$ Million)

    9.5.2.1 Lozenges

    9.5.2.2 Lozenges Market Revenue Forecasts To 2028 (US$ Million)

    9.5.2.3 Gummies

    9.5.2.4 Gummies Market Revenue Forecasts To 2028 (US$ Million)

    9.5.2.5 Others

    9.5.2.6 Others Market Revenue Forecasts To 2028 (US$ Million)

    10. North America Dried Honey Market – Country Analysis

    10.1 Overview

    10.1.1 North America: Dried Honey Market, by Key Country

    10.1.1.1 US: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)

    10.1.1.1.1 US: Dried Honey Market, by Category

    10.1.1.1.2 US: Dried Honey Market, by Form

    10.1.1.1.3 US: Dried Honey Market, by Application

    10.1.1.2 Canada: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)

    10.1.1.2.1 Canada: Dried Honey Market, by Category

    10.1.1.2.2 Canada: Dried Honey Market, by Form

    10.1.1.2.3 Canada: Dried Honey Market, by Application

    10.1.1.3 Mexico: Dried Honey Market –Analysis and Forecast to 2028 (US$ Million)

    10.1.1.3.1 Mexico: Dried Honey Market, by Category

    10.1.1.3.2 Mexico: Dried Honey Market, by Form

    10.1.1.3.3 Mexico: Dried Honey Market, by Application

    11. Company Profiles

    11.1 Best Ground International

    11.1.1 Key Facts

    11.1.2 Business Description

    11.1.3 Products and Services

    11.1.4 Financial Overview

    11.1.5 SWOT Analysis

    11.1.6 Key Developments

    11.2 ASR Group

    11.2.1 Key Facts

    11.2.2 Business Description

    11.2.3 Products and Services

    11.2.4 Financial Overview

    11.2.5 SWOT Analysis

    11.2.6 Key Developments

    11.3 Hoosier Hill Farm

    11.3.1 Key Facts

    11.3.2 Business Description

    11.3.3 Products and Services

    11.3.4 Financial Overview

    11.3.5 SWOT Analysis

    11.3.6 Key Developments

    11.4 Associated British Foods Plc.

    11.4.1 Key Facts

    11.4.2 Business Description

    11.4.3 Products and Services

    11.4.4 Financial Overview

    11.4.5 SWOT Analysis

    11.4.6 Key Developments

    11.5 Norevo GmbH

    11.5.1 Key Facts

    11.5.2 Business Description

    11.5.3 Products and Services

    11.5.4 Financial Overview

    11.5.5 SWOT Analysis

    11.5.6 Key Developments

    11.6 Specialty Products and Technology, Inc

    11.6.1 Key Facts

    11.6.2 Business Description

    11.6.3 Products and Services

    11.6.4 Financial Overview

    11.6.5 SWOT Analysis

    11.6.6 Key Developments

    11.7 Spice Jungle

    11.7.1 Key Facts

    11.7.2 Business Description

    11.7.3 Products and Services

    11.7.4 Financial Overview

    11.7.5 SWOT Analysis

    11.7.6 Key Developments

    11.8 Sweet Harvest Foods, Inc.

    11.8.1 Key Facts

    11.8.2 Business Description

    11.8.3 Products and Services

    11.8.4 Financial Overview

    11.8.5 SWOT Analysis

    11.8.6 Key Developments

    11.9 The Archer Daniels Midland Company

    11.9.1 Key Facts

    11.9.2 Business Description

    11.9.3 Products and Services

    11.9.4 Financial Overview

    11.9.5 SWOT Analysis

    11.9.6 Key Developments

    11.10 Dorilton Capital

    11.10.1 Key Facts

    11.10.2 Business Description

    11.10.3 Products and Services

    11.10.4 Financial Overview

    11.10.5 SWOT Analysis

    11.10.6 Key Developments

    12. Appendix

    12.1 About The Insight Partners

    12.2 Glossary of Terms


    LIST OF TABLES

    Table 1. North America Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

    Table 2. US Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 3. US Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)

    Table 4. US Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)

    Table 5. Canada Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 6. Canada Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)

    Table 7. Canada Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)

    Table 8. Mexico Dried Honey Market, by Category – Revenue and Forecast to 2028 (US$ Million)

    Table 9. Mexico Dried Honey Market, by Form– Revenue and Forecast to 2028 (US$ Million)

    Table 10. Mexico Dried Honey Market, by Application– Revenue and Forecast to 2028 (US$ Million)

    Table 11. Glossary of Terms


    LIST OF FIGURES

    Figure 1. North America Dried Honey Market Segmentation

    Figure 2. North America Dried Honey Market Segmentation – By Country

    Figure 3. North America Dried Honey Market Overview

    Figure 4. North America Dried Honey Market, By Category

    Figure 5. North America Dried Honey Market, By Country

    Figure 6. Porter's Five Forces Analysis

    Figure 7. Expert Opinion

    Figure 8. North America Dried Honey Market Impact Analysis of Drivers and Restraints

    Figure 9. North America: Dried Honey Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 10. North America Dried Honey Market Breakdown by Form, 2020 & 2028 (%)

    Figure 11. North America Powder Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

    Figure 12. North America Granules Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

    Figure 13. North America Dried Honey Market Breakdown by Category, 2020 & 2028 (%)

    Figure 14. North America Organic Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

    Figure 15. North America Conventional Dried Honey Market Revenue Forecasts To 2028 (US$ Million)

    Figure 16. North America Dried Honey Market Breakdown by Application, 2020 & 2028 (%)

    Figure 17. North America Food and Beverages Market Revenue Forecasts To 2028 (US$ Million)

    Figure 18. North America Personal Care Market Revenue Forecasts To 2028 (US$ Million)

    Figure 19. North America Pharmaceuticals and Nutraceuticals Market Revenue Forecasts To 2028 (US$ Million)

    Figure 20. North America Lozenges Market Revenue Forecasts To 2028 (US$ Million)

    Figure 21. North America Gummies Market Revenue Forecasts To 2028 (US$ Million)

    Figure 22. North America Others Market Revenue Forecasts To 2028 (US$ Million)

    Figure 23. North America: Dried Honey Market, by Key Country – Revenue (2020) (US$ Million)

    Figure 24. North America: Dried Honey Market Revenue Share, by Key Country (2020 and 2028)

    Figure 25. US: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 26. Canada: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

    Figure 27. Mexico: Dried Honey Market –Revenue and Forecast to 2028 (US$ Million)

    1. ASR Group       
    2. Associated British Foods Plc.  
    3. Best Ground International      
    4. Dorilton Capital
    5. Hoosier Hill Farm
    6. Norevo GmbH
    7. Specialty Products and Technology, Inc   
    8. Spice Jungle        
    9. Sweet Harvest Foods
    10. The Archer Daniels Midland Company      
    • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America dried honey market.
    • Highlights key business priorities in order to assist companies to realign their business strategies
    • The key findings and recommendations highlight crucial progressive industry trends in the North America dried honey market, thereby allowing players across the value chain to develop effective long-term strategies
    • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
    • Scrutinize in-depth North America market trends and outlook coupled with the factors driving dried honey market, as well as those hindering it
    • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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