Product Code: ETC015704 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Honey market currently, in 2023, has witnessed an HHI of 2227, Which has decreased slightly as compared to the HHI of 5591 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
India honey market is expected to grow at a CAGR of 8.7% during the forecast period (2020-2026). Honey is very popular among Indians, and its use has been increasing since ancient times. India is one of the leading producers and consumers of honey in the world. The country produces around 300 thousand metric tons (MT) annually, with most production coming from tribal communities who collect it from wild forests as well as commercial beekeepers who produce it through beehives located in orchards and other areas for sale on local markets.
The growing demand for natural sweeteners such as honey due to health benefits associated with them is driving growth of this market in India. In addition, rising consumer awareness about various health benefits related to consumption of organic products like pure honey has increased their preference towards these items over processed sugar and artificial sweeteners which are considered not healthy options by many people. Moreover, government initiatives that promote bee-keeping activities and support farmers have increased the availability of quality product in India which further aids growth of this sector here.
Despite being a major producer and consumer globally, there remain certain challenges impeding full potential development for Indian honey market primarily due to lack of proper infrastructure facilities such as organized storage systems or cold chains needed for long distance transportations which makes difficult to export product outside country limits due high perishability nature associated with this item . Also adulteration levels observed across industry remains an issue hampering overall reputation amongst consumers limiting acceptance rate especially amongst foreign buyers . Moreover stringent regulations pertaining quality standards set by FSSAI also restrict entry level players from entering into business thereby restricting competition within sector further effecting prices charged by established players .
Organic certification trend continue gaining popularity within Indian domestic marketplace with majority buyers opting certified items over non certified ones so as guarantee authenticity & purity standards held above others , meanwhile manufacturers striving hard towards achieving BRC certifications within industry so that they can enter into lucrative international markets viz Europe & US where GMP standards hold highest value making easier access route possible than ever before . Furthermore rise cross border online platform sales aiding direct access between buyer & seller bypassing traditional retail channels enabling smooth transition flow throughout supply chain activity helping improve profitability margins further boosting sector growth opportunities ahead long term basis .
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Honey Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Honey Market Revenues & Volume, 2020 & 2030F |
3.3 India Honey Market - Industry Life Cycle |
3.4 India Honey Market - Porter's Five Forces |
3.5 India Honey Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 India Honey Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.7 India Honey Market Revenues & Volume Share, By Packaging, 2020 & 2030F |
4 India Honey Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Honey Market Trends |
6 India Honey Market, By Types |
6.1 India Honey Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Honey Market Revenues & Volume, By Type, 2020-2030F |
6.1.3 India Honey Market Revenues & Volume, By Alfalfa Honey, 2020-2030F |
6.1.4 India Honey Market Revenues & Volume, By Wildflower Honey, 2020-2030F |
6.1.5 India Honey Market Revenues & Volume, By Buckwheat Honey, 2020-2030F |
6.1.6 India Honey Market Revenues & Volume, By Acacia Honey, 2020-2030F |
6.1.7 India Honey Market Revenues & Volume, By Clover Honey, 2020-2030F |
6.1.8 India Honey Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Honey Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Honey Market Revenues & Volume, By Food and Beverage, 2020-2030F |
6.2.3 India Honey Market Revenues & Volume, By Personal Care Products, 2020-2030F |
6.2.4 India Honey Market Revenues & Volume, By Pharmaceuticals, 2020-2030F |
6.2.5 India Honey Market Revenues & Volume, By Others, 2020-2030F |
6.3 India Honey Market, By Packaging |
6.3.1 Overview and Analysis |
6.3.2 India Honey Market Revenues & Volume, By Bottle, 2020-2030F |
6.3.3 India Honey Market Revenues & Volume, By Jar, 2020-2030F |
6.3.4 India Honey Market Revenues & Volume, By Tube, 2020-2030F |
6.3.5 India Honey Market Revenues & Volume, By Tub, 2020-2030F |
6.3.6 India Honey Market Revenues & Volume, By Others, 2020-2030F |
7 India Honey Market Import-Export Trade Statistics |
7.1 India Honey Market Export to Major Countries |
7.2 India Honey Market Imports from Major Countries |
8 India Honey Market Key Performance Indicators |
9 India Honey Market - Opportunity Assessment |
9.1 India Honey Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 India Honey Market Opportunity Assessment, By Applications, 2020 & 2030F |
9.3 India Honey Market Opportunity Assessment, By Packaging, 2020 & 2030F |
10 India Honey Market - Competitive Landscape |
10.1 India Honey Market Revenue Share, By Companies, 2023 |
10.2 India Honey Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |