Saudi Arabia Honey Market Size & Outlook, 2023-2030
The honey market in Saudi Arabia is expected to reach a projected revenue of US$ 84.7 million by 2030. A compound annual growth rate of 5.2% is expected of Saudi Arabia honey market from 2024 to 2030.
Revenue, 2023 (US$M)
$59.2
Forecast, 2030 (US$M)
$84.7
CAGR, 2024 - 2030
5.2%
Report Coverage
Saudi Arabia
Saudi Arabia Honey Market, 2017-2030 (US$M)
Global Market
Related Markets
Saudi Arabia honey market highlights
- The Saudi Arabia honey market generated a revenue of USD 59.2 million in 2023 and is expected to reach USD 84.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.2% 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.
Honey market data book summary
| Market revenue in 2023 | USD 59.2 million |
| Market revenue in 2030 | USD 84.7 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Conventional |
| Fastest growing segment | Organic |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Saudi Arabia accounted for 0.6% of the global honey market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia honey market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 84.7 million by 2030.
Key Regions:U.S., UK, Japan, Germany, Saudi Arabia
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Three ways to get this data
Subscribe to the databook, customize it, or ask a question.Horizon Databook
Unlock every chart on this page and get dashboard access
- Statistics1.2M+ across all markets
- Databooks30K+ global, 120K+ country
- Companies200K+ profiles
- ExportPDF, Dashboard, XLS & PNG, licensed to cite
Customize it
Customize data as per your requirement
- AddCountries, segments, years
- RecutTo your product definition
- ExtendCompany-level detail
- OrA bespoke databook
- Turnaround5–10 working days
Ask Prism AI
A cited answer in seconds
- Corpus30,000 studies, 1.2M points
- ScopeAll markets, not just this
- CitationTraced to report & table
- HonestySays "not covered" if so
- SpeedSeconds, not days
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 |
Saudi Arabia 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 84.12% in 2023.
Horizon Databook has segmented the Saudi Arabia honey market based on organic, conventional covering the revenue growth of each sub-segment from 2017 to 2030.
- Saudi Arabia Honey Market Processing Outlook (Revenue, USD Million , 2017-2030)
- Organic
- Conventional
- Saudi Arabia Honey Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
- Hypermarkets & Supermarkets
- Convenience Stores
- Online
- Others
Reasons to subscribe to Honey Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Honey Market Outlook databook
- Our clientele includes a mix of Honey Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Honey Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Honey Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Honey Market, 2017-2030 (US$M)
Saudi Arabia honey market statistics, by processing, 2017-2030 (US$M)
