Manuka Honey Market Size, Share, and Analysis, By Type (UMF 5+/MGO 83 mg/kg [ppm], UMF 10+/MGO 263 mg/kg [ppm], UMF 15+/MGO 514 mg/kg [ppm], UMF 20+/MGO 829 mg/kg [ppm]), By Nature (Organic/Natural, Conventional), By Application (Nutraceutical, Pharmaceut

Manuka Honey Market Size, Share, and Analysis, By Type (UMF 5+/MGO 83 mg/kg [ppm], UMF 10+/MGO 263 mg/kg [ppm], UMF 15+/MGO 514 mg/kg [ppm], UMF 20+/MGO 829 mg/kg [ppm]), By Nature (Organic/Natural, Conventional), By Application (Nutraceutical, Pharmaceutical, Food and Beverages, Cosmetic and Personal Care, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Others) and Regional Forecasts, 2022-2032

Manuka Honey Market Size, Share, and Analysis, By Type (UMF 5+/MGO 83 mg/kg [ppm], UMF 10+/MGO 263 mg/kg [ppm], UMF 15+/MGO 514 mg/kg [ppm], UMF 20+/MGO 829 mg/kg [ppm]), By Nature (Organic/Natural, Conventional), By Application (Nutraceutical, Pharmaceutical, Food and Beverages, Cosmetic and Personal Care, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Stores, Others) and Regional Forecasts, 2022-2032

PRODUCT OVERVIEW

Manuka Honey Market size was USD 0.52 billion in 2021 and projected to grow from USD 0.6 billion in 2023 to USD 1.0 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period.

Manuka honey is the monofloral honey generated from the manuka tree’s nectar. The manuka tree originates to some areas of Australia and also New Zealand, but is presently produced on the global scale. It holds a strong and earthy smell, flavor, and is used as a substitute of sugar. Manuka honey is fairly bitter flavored due to the significant amount of methylglyoxal compounds.

MARKET HIGHLIGHTS

Manuka Honey Market is expected to reach USD 1.0 billion, growing at a CAGR of 6.4% during the forecast period owing to the numerous health benefits of manuka honey, which include its capacity to promote better digestion, ease sore throats, cure acne, and shield for gastric ulcers. Also, since more people are becoming aware of the benefits of manuka honey, the product purchase is expected to increase, which will drive the market growth over the estimated period.

Manuka Honey Market Segments:

• Type
• UMF 5+/MGO 83 mg/kg (ppm)
• UMF 10+/MGO 263 mg/kg (ppm)
• UMF 15+/MGO 514 mg/kg (ppm)
• UMF 20+/MGO 829 mg/kg (ppm)
• Nature
• Organic/Natural
• Conventional
• Application
• Nutraceutical
• Pharmaceutical
• Food and Beverages
• Cosmetic and Personal Care
• Others
• Distribution Channel
• Supermarkets/Hypermarkets
• Convenience Stores
• Online Stores
• Others

MARKET DYNAMICS

Growth Drivers

Several Health Benefits Associated with Manuka Honey is Expected to Boost the Market Growth

Increasing Use of Manuka Honey in Cosmetics Industry is Expected to Boost the Market Growth

Restraint

High Price of Manuka Honey May Restrain the Market Growth

Key Players

• Midland Holdings
• Comvita Limited
• OHA Honey
• Capilano Honey Ltd.
• GO Healthy New Zealand Ltd.
• Nature's Gold
• Manuka Health New Zealand
• Arataki Honey
• Mossops Honey
• Australia's Manuka
• Simply Honey
• Barnes Natural
• New Zealand Honey Co.
• Pure New Zealand Honey
• Watson And Sons
• Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)

Global Laboratory Temperature Control Units Market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
• Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
• Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 3-month post-sales analyst support.

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