The Global Honey Market is projected to reach USD 11.16 billion by 2027, exhibiting a CAGR of 5.2% during the forecast period. Increasing consumption of honey to treat severe cough and cold induced by the coronavirus and the seasonal flu is anticipated to propel the growth rate of this market, observes Fortune Business Insights™ in its report, titled “Honey Market Size, Share Industry Analysis, By Type (Alfalfa, Buckwheat, Wildflower, Clover, Alacia, and Others), Application (Food Beverages, Personal Care Cosmetics, Pharmaceuticals, and Others), Packaging (Glass Jar, Bottle, Tub, Tube, and Others), and Regional Forecast, 2020-2027”.
Salient Features of the Report
The report incorporates a careful diagnosis of the drivers and restraints influencing the size, share, and growth of the market. Further, the report also supplies a holistic analysis of the prime market segments and provides a comprehensive study of the regional growth prospects of the market. In addition to these aspects, the report also contains a detailed evaluation of the key players in the market and their top strategies.
Browse Summary of This Research: