Acacia Honey Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026


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Global Acacia Honey Market: Snapshot

Acacia honey, like many other specialized organic honey is extracted from the nectar of black locust tree flowers. The tree is native to North America and is known as false acacia and also has its presence in Europe. The honey has mildly sweet flavor and has high demand across the globe. Owing to the rising worldwide demand for acacia honey, the global acacia honey market is experiencing a major growth in coming years.

The growth of the market is also the result of extensive medical applications in healthcare industry. Also, culinary application of the honey is supporting the growth of global acacia honey market in the forecast of 2019 to 2027.

  • Acacia honey is a rich source for various minerals such as iron, zinc, potassium, copper, and calcium. The honey also contains vitamin C and various other antioxidants, which are helpful in reducing wrinkles appearance, soothe inflammation, gradually make scars vanish from skin. Owing to these benefits acacia honey is extensively used in skin care industry. This in results is influencing the growth of global acacia honey market.
  • Being moderately sweet and presence of various other minerals in acacia honey, it is helpful in keeping the blood sugar normal for diabetic patients. Acacia honey is also beneficial in controlling hypoglycemia. This is the reason for using acacia honey in various diabetes controlling drugs. This is yet another factor that is promoting the growth of global acacia honey market in the forecast of 2019 to 2027.

Market Outlook: Acacia Honey Market

Acacia honey is gaining worldwide popularity owing to acacia honey’s higher nutritional content, a unique taste, a fine aroma, smooth texture and with less acidic content, and a pleasant scent of acacia. Acacia honey is also considered as one of the excellent sources of sweetener as it is enriched with more than 40 percent of fructose. In the global honey market, the demand for acacia honey is very high owing to its peculiarity of staying liquid for the longer period of time in comparison to other varieties of honey. In the global acacia honey market, the demand for acacia honey majority accounts from North America and European market and Europe also accounts to world’s largest producer of acacia honey in the global market.

High nutritional value expected to trigger the demand for acacia honey in coming years:

In the global acacia market, the demand for acacia honey is increasing for household purpose owing to its higher nutritional content, acacia honey is enriched with calcium, potassium, sodium, iron, copper, manganese, vitamins, and amino acids and also includes natural antibiotics. In the global honey market, the demand for acacia honey is increasing at a robust growth rate in the food and beverage industry and also in the pharmaceutical industry. In the food and beverage industry, the demand for acacia honey is increasing as a natural and significant nutritional ingredient owing to increasing consumption of healthy food products. On the other side, acacia honey is used as an antiseptic ingredient in pharmaceutical and healthcare products as acacia honey helps in the treatment of health problems related with cold, cough, throat infections, and also for problems related with digestion. Acacia honey act as an antiseptic agent or due to its good antiseptic properties, the demand for acacia honey is increasing in the global market. On comparing with the other varieties of honey, the price of acacia honey is very expensive and it is one of the major factors prohibits the demand for acacia in the global honey market.

Global Acacia Honey: Market Segment

On the basis of nature, the global acacia honey market has been segmented as –

  • Organic
  • Conventional

On the basis of end use, the global acacia honey market has been segmented as –

  • Food Industry
  • Beverage Industry
  • Food Service Industry
  • Pharmaceutical
  • Household

On the basis of distribution channel, the global acacia honey market has been segmented as –

  • Hypermarket/Supermarket
  • Convenience Stores
  • Food & Drink Specialty Stores
  • Specialty Stores
  • Online Retail
  • Others

On the basis of region, the global acacia honey market has been segmented as –

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa

Opportunities for Market Participants in Acacia Market

In the global acacia honey market, the demand for acacia honey especially increasing as a household consumption due to acacia honey’s health benefits or numerous positive properties in comparison to other varieties of honey. Majority of demand for acacia honey accounts from U.S., Canada, Germany, U.K., Italy, France, and other Western European countries. The demand organic acacia in these countries is increasing at faster pace owing to factors such as increasing consumption of organic food and beverages owing to its several health benefits, increasing number of health-conscious population, and higher consumer expenditure over healthy food products, and rising demand for food products free from chemicals and additives. In addition, the demand for acacia honey is also increasing among Asia Pacific region owing to rapid urbanization, changing consumer preference towards healthy food products, and increasing per capita expenditure over food and beverages.

Global Acacia Honey Market: Key Players

Some of the key players operating in the business of acacia honey market are Fresh Organic Products Ltd., Savannah Bee Company, Borneo Acacia, Bee Seasonal, Brown Tree, Apicoltura Gabannini, Mileeven Fine Foods, Mileeven Fine Foods, Littleover Apiaries Ltd., CD S.A., Bulgarian Bee, Bionectar Kft, Ruban Foods, and others.

Brief Approach to Research

Our analysis will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

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