Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), By Type (Alfalfa Honey, Wildflower Honey, Buckwheat Honey, Acacia Honey, Clover Honey, Others), By Applications (Food and Beverage, Personal Care Products, Pharmaceuticals, Others), By Packaging (Bottle, Jar, Tube, Tub, Others) And Competitive Landscape
Product Code: ETC060171 | Publication Date: May 2021 | Updated Date: Mar 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Middle East Honey Market |
Forecast period | 2024-2030 |
CAGR | 4% |
Growing Sector | Food and Beverage |
Middle East Honey Market report thoroughly covers the market by countries, type, application and Packaging. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Middle East Honey Market is on a thriving trajectory, underscored by a rich tapestry of both local and international brands that champion the purity and diverse benefits of honey. The consumer's growing inclination towards natural and organic consumables, coupled with rising awareness of honey's health benefits, is propelling the market forward. Technological advancements in beekeeping and honey processing, along with the burgeoning online retail landscape, promise to further amplify market growth. Nonetheless, the sustainability challenges posed by climate change and habitat degradation loom as critical hurdles, pressing the industry towards more resilient and eco-friendly practices.
According to 6Wresearch, the Middle East Honey Market size is projected to grow at the CAGR of 4% during the forecast period of 2024-2030. The Middle East honey market is propelled by several key drivers, with consumer preference for natural and organic products standing out as a primary growth catalyst. Increasing awareness about the health benefits of honey, such as its antibacterial, anti-inflammatory, and antioxidant properties, is leading more consumers to incorporate honey into their daily diets. Technological advancements in beekeeping and honey processing are also significant, as they improve the efficiency and productivity of honey production, ensuring high-quality products reach the market. The rise of online retailing has made honey products more accessible to consumers, enabling smaller brands to gain a foothold and compete with established players.
Furthermore, the cultural significance of honey in Middle Eastern cuisine and traditional medicine supports sustained demand, reinforcing honey's position as a staple product in the region. Despite these drivers, the Middle East honey industry faces considerable challenges that could hinder its growth trajectory. Climate change poses the most formidable challenge, with rising temperatures and changing precipitation patterns affecting the natural habitats of bees, leading to declining bee populations and reduced honey yields. Habitat loss and degradation, often a result of urbanization and intensive agricultural practices, further exacerbate the situation. The industry must also contend with the need for sustainable beekeeping practices, as overharvesting and the use of pesticides can harm bee colonies and the broader ecosystem. Additionally, the market is threatened by the prevalence of adulterated honey products, which can undermine consumer trust and the overall reputation of the honey market. Addressing these challenges is essential for ensuring the long-term sustainability and Middle East Honey Market Growth.
Several Middle Eastern countries have introduced policies and schemes to support the honey market, recognizing its potential contribution to the agricultural sector and rural development. Initiatives include subsidies for beekeeping supplies, training programs for beekeepers, and research into disease resistance and hive productivity. For instance, the Saudi Arabian government has implemented the Saudi Vision 2030 plan, which includes aims to diversify the economy, with agriculture and subsequently honey production playing a key role. This plan acknowledges the importance of sustainable practices and aims to increase the productivity and quality of local honey, making it more competitive on a global scale.
The honey market in Middle East enjoys the presence of both local and international brands. Some of the leading players include Al-Shifa, a brand owned by Saudi Arabian Foods Co. Ltd, which is renowned for its pure natural honey. Another notable company is Sidr Honey from Yemen, which is highly valued for its unique taste and medicinal properties. These companies, among others, have been instrumental in setting high standards for quality and authenticity in the market, contributing to its growth and consumer trust.
The Middle East honey market is poised for significant growth, driven by an increasing consumer preference for natural and organic products. The market is also benefiting from heightened awareness around the health benefits of honey, including its antibacterial and anti-inflammatory properties. Looking ahead, technology is expected to play a crucial role in market expansion, with innovative beekeeping and processing methods enhancing the quality and variety of honey produced in the region. Additionally, the expansion of online retail channels will likely increase accessibility and convenience for consumers, further boosting market growth. However, challenges such as climate change, habitat loss, and the need for sustainable beekeeping practices will need to be addressed to ensure the long-term viability of the industry.
The wildflower honey segment is expected to experience significant growth in the Middle East honey market. This can be attributed to its unique flavor profiles and perceived health benefits compared to other types of honey. Additionally, with an increasing focus on sustainability and biodiversity, wildflower honey is also seen as a more environmentally friendly option compared to monoculture-produced honey.
According to Dhaval, Research Manager, 6Wresearch, the food and beverage segment is expected to continue leading the growth of the Middle East honey market, followed by personal care products. As consumers become more health-conscious and demand for natural and organic products increases, the use of honey in food and beverages is likely to see a significant rise.
The report offers a comprehensive study of the subsequent market segments:
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 Middle East Honey Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Honey Market Revenues & Volume, 2020 & 2030F |
3.3 Middle East Honey Market - Industry Life Cycle |
3.4 Middle East Honey Market - Porter's Five Forces |
3.5 Middle East Honey Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Middle East Honey Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Middle East Honey Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.8 Middle East Honey Market Revenues & Volume Share, By Packaging, 2020 & 2030F |
4 Middle East Honey Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Honey Market Trends |
6 Saudi Arabia Honey Market, 2020-2030 |
6.1.1 Saudi Arabia Honey Market, Revenues & Volume, By Type, 2020-2030 |
6.1.2 Saudi Arabia Honey Market, Revenues & Volume, By Applications, 2020-2030 |
6.1.3 Saudi Arabia Honey Market, Revenues & Volume, By Packaging, 2020-2030 |
7 UAE Honey Market, 2020-2030 |
7.1 UAE Honey Market, Revenues & Volume, By Type, 2020-2030 |
7.2 UAE Honey Market, Revenues & Volume, By Applications, 2020-2030 |
7.3 UAE Honey Market, Revenues & Volume, By Packaging, 2020-2030 |
8 Qatar Honey Market, 2020-2030 |
8.1 Qatar Honey Market, Revenues & Volume, By Type, 2020-2030 |
8.2 Qatar Honey Market, Revenues & Volume, By Applications, 2020-2030 |
8.3 Qatar Honey Market, Revenues & Volume, By Packaging, 2020-2030 |
9 Kuwait Honey Market, 2020-2030 |
9.1 Kuwait Honey Market, Revenues & Volume, By Type, 2020-2030 |
9.2 Kuwait Honey Market, Revenues & Volume, By Applications, 2020-2030 |
9.3 Kuwait Honey Market, Revenues & Volume, By Packaging, 2020-2030 |
10 Oman Honey Market, 2020-2030 |
10.1 Oman Honey Market, Revenues & Volume, By Type, 2020-2030 |
10.2 Oman Honey Market, Revenues & Volume, By Applications, 2020-2030 |
10.3 Oman Honey Market, Revenues & Volume, By Packaging, 2020-2030 |
11 Bahrain Honey Market, 2020-2030 |
11.1 Bahrain Honey Market, Revenues & Volume, By Type, 2020-2030 |
11.2 Bahrain Honey Market, Revenues & Volume, By Applications, 2020-2030 |
11.3 Bahrain Honey Market, Revenues & Volume, By Packaging, 2020-2030 |
12 Turkey Honey Market, 2020-2030 |
12.1 Turkey Honey Market, Revenues & Volume, By Type, 2020-2030 |
12.2 Turkey Honey Market, Revenues & Volume, By Applications, 2020-2030 |
12.3 Turkey Honey Market, Revenues & Volume, By Packaging, 2020-2030 |
13 Rest of Middle East Honey Market, 2020-2030 |
13.1 Rest of Middle East Honey Market, Revenues & Volume, By Type, 2020-2030 |
13.2 Rest of Middle East Honey Market, Revenues & Volume, By Applications, 2020-2030 |
13.3 Rest of Middle East Honey Market, Revenues & Volume, By Packaging, 2020-2030 |
14 Middle East Honey Market Key Performance Indicators |
15 Middle East Honey Market - Opportunity Assessment |
15.1 Middle East Honey Market Opportunity Assessment, By Countries, 2020 & 2030F |
15.2 Middle East Honey Market Opportunity Assessment, By Type, 2020 & 2030F |
15.3 Middle East Honey Market Opportunity Assessment, By Applications, 2020 & 2030F |
15.4 Middle East Honey Market Opportunity Assessment, By Packaging, 2020 & 2030F |
16 Middle East Honey Market - Competitive Landscape |
16.1 Middle East Honey Market Revenue Share, By Companies, 2023 |
16.2 Middle East Honey Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |