North America Honey Market Size & Outlook, 2023-2030
The honey market in North America is expected to reach a projected revenue of US$ 2,330.0 million by 2030. A compound annual growth rate of 5.5% is expected of North America honey market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,599.9
Forecast, 2030 (US$M)
$2,330.0
CAGR, 2024 - 2030
5.5%
Report Coverage
North America
North America Honey Market, 2017-2030 (US$M)
Global Market
Related Markets
North America honey market highlights
- The North America honey market generated a revenue of USD 1,599.9 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, conventional was the largest revenue generating processing in 2023.
- Organic is the most lucrative processing segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,599.9 million |
| Market revenue in 2030 | USD 2,330.0 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic, Conventional |
| Key market players worldwide | Dabur India, McCormick & Co Inc, Capilano Honey, New Zealand Honey Company, Dutch Gold Honey |
Other key industry trends
- In terms of revenue, North America region accounted for 16.9% of the global honey market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,881.7 million by 2030.
Key Regions:U.S., UK, Japan, Germany, Saudi Arabia
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Honey Market Scope
Honey Market segmentation & scope
Honey Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dabur India | View profile | 10001+ | Ghaziabad, Uttar Pradesh, India, Asia | www.dabur.com/ |
| McCormick & Co Inc | View profile | 13,800 | 24 Schilling Road, Suite 1, Hunt Valley, MD, United States, 21031 | www.mccormickcorporation.com |
| Capilano Honey | View profile | 1-10 | Richlands, New South Wales, Australia, Oceania | capilanocanada.com |
| New Zealand Honey Company | View profile | 11-50 | Wanaka, Taranaki, New Zealand, Oceania | newzealandhoneyco.com/ |
| Dutch Gold Honey | View profile | 51-100 | Pausa, Sachsen, Germany, Europe | www.dutchgoldhoney.com |
North America Honey Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Honey Market Outlook will help companies and investors design strategic landscapes.
Conventional was the largest segment with a revenue share of 79.79% in 2023.
Horizon Databook has segmented the North America honey market based on organic, conventional covering the revenue growth of each sub-segment from 2017 to 2030.
- North America Honey Market Processing Outlook (Revenue, USD Million , 2017-2030)
- Organic
- Conventional
- North America Honey Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
- Hypermarkets & Supermarkets
- Convenience Stores
- Online
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Honey Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Honey Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
North America Honey Market, 2017-2030 (US$M)
North America honey market statistics, by processing, 2017-2030 (US$M)
