Product Code: PM3441
The global manuka honey market size is expected to reach USD 795.83 million by 2032, according to a new study by Polaris Market Research. The report "Manuka Honey Market Share, Size, Trends, Industry Analysis Report, 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; By Application; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Augmenting the development in the product launches is likely to support the growth of the global market. To tap the consumers' preference towards the healthy food, many firms are significantly focusing on the innovative products.
For example, in march 2023, the top supplier of beverages with honey, Honeydrop, has introduced a well-ness shot with blend of Manuka honey. These 2 oz shots available in 4 delectable flavours: Restore Immunity, Boost, & Detox, having a blend of useful nutrients. The launch of these various manuka honey products reflects the increasing demand for natural and healthy products and the growing popularity of manuka honey as a functional food ingredient. This is further improving the global revenue with a considerable growth rate.
Surge in potential health benefits of the manuka honey such as antibacterial and anti-inflammatory properties, wound healing, and digestive health is one of the major contributor to the global market's growth. This has led to a growing consumer interest in these products which has created a demand for manuka honey-based products, such as supplements, skincare, and food and beverage products.
Due to the pandemic, manuka honey's exports significantly increased because of its antioxidant and anti-inflammatory characteristics. Australia and New Zealand are the two largest producers. New Zealand's honey exports climbed in value by 43% in 2020 and output hit a record 23,000 MT.
Manuka Honey Market Report Highlights
UMF 5+/MGO 83 mg/kg (ppm) is anticipated to record the largest market share in the year of 2022 due to the improved natural immunity
Conventional segment is expected to garner the largest revenue in the global market due to advantages such as protein supplies from conventional farming
Food and beverages segment is accounting largest market share of the global revenue in the fiscal year of 2022. This is linked to the increasing demand for natural and healthy food products
Europe held the largest share of the market in 2022 due to increasing product launches in the region, presence of industry participants, and surging consumer's shift towards healthy food
The global players include: Manukora Limited, Arataki Honey, Midlands Apiaries, Airbone Honey, Wedderspoon Organic., Comvita Limited, Steens Honey, Egmont Honey, Manuka Pharm, Happy Valley Honey, Manuka Doctor, WildCape Manuka, Three Peaks Manuka Honey., and Manuka Lab
Polaris Market Research has segmented the Manuka Honey market report based on type, nature, application, and region:
Manuka Honey, Type Outlook (Revenue - USD Million, 2019-2032)
- 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)
Manuka Honey, Nature Outlook (Revenue - USD Million, 2019-2032)
Manuka Honey, Application Outlook (Revenue - USD Million, 2019-2032)
- Food & Beverages
- Bakery & Confectionery
- Dairy Products
- Pharmaceuticals
- Cosmetics & Personal Care
- Others
Manuka Honey, Regional Outlook (Revenue - USD Million, 2019-2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Manuka Honey Market Insights
- 4.1. Manuka Honey Market - Nature Snapshot
- 4.2. Manuka Honey Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Government initiatives toward the development of honey
- 4.2.1.2. Health benefits associated with manuka honey
- 4.2.2. Restraints and Challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Manuka Honey Market Nature Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Manuka Honey Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 5.3. UMF 5+/MGO 83 mg/kg (ppm)
- 5.3.1. Global Manuka Honey Market, by UMF 5+/MGO 83 mg/kg (ppm), by Region, 2019-2032 (USD Million)
- 5.4. UMF 10+/MGO 263 mg/kg (ppm)
- 5.4.1. Global Manuka Honey Market, by UMF 10+/MGO 263 mg/kg (ppm), by Region, 2019-2032 (USD Million)
- 5.5. UMF 15+/MGO 514 mg/kg (ppm)
- 5.5.1. Global Manuka Honey Market, by UMF 15+/MGO 514 mg/kg (ppm), by Region, 2019-2032 (USD Million)
- 5.6. UMF 20+/MGO 829 mg/kg (ppm)
- 5.6.1. Global Manuka Honey Market, by UMF 20+/MGO 829 mg/kg (ppm), by Region, 2019-2032 (USD Million)
6. Global Manuka Honey Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 6.3. Food & Beverages
- 6.3.1. Global Manuka Honey Market, by Food & Beverages, by Region, 2019-2032 (USD Million)
- 6.4. Bakery & Confectionery
- 6.4.1. Global Manuka Honey Market, by Bakery & Confectionery, by Region, 2019-2032 (USD Million)
- 6.5. Dairy Products
- 6.5.1. Global Manuka Honey Market, by Dairy Products, by Region, 2019-2032 (USD Million)
- 6.6. Pharmaceuticals
- 6.6.1. Global Manuka Honey Market, by Pharmaceuticals, by Region, 2019-2032 (USD Million)
- 6.7. Cosmetics & Personal Care
- 6.7.1. Global Manuka Honey Market, by Cosmetics & Personal Care, by Region, 2019-2032 (USD Million)
- 6.8. Others
- 6.8.1. Global Manuka Honey Market, by Others, by Region, 2019-2032 (USD Million)
7. Global Manuka Honey Market, by Nature
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 7.3. Organic
- 7.3.1. Global Manuka Honey Market, by Organic, By Region, 2019-2032 (USD Million)
- 7.4. Conventional
- 7.4.1. Global Manuka Honey Market, by Conventional, By Region, 2019-2032 (USD Million)
8. Global Manuka Honey Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Manuka Honey Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Manuka Honey Market - North America
- 8.3.1. North America: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.3.2. North America: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.3.3. North America: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.3.4. Manuka Honey Market - U.S.
- 8.3.4.1. U.S.: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.3.5. Manuka Honey Market - Canada
- 8.3.5.1. Canada: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.4. Manuka Honey Market - Europe
- 8.4.1. Europe: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.4.2. Europe.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.4.3. Europe: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.4.4. Manuka Honey Market - UK
- 8.4.4.1. UK: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.4.4.3. UK: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.4.5. Manuka Honey Market - France
- 8.4.5.1. France: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.4.5.2. France.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.4.5.3. France: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.4.6. Manuka Honey Market - Germany
- 8.4.6.1. Germany: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.4.7. Manuka Honey Market - Italy
- 8.4.7.1. Italy: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.4.8. Manuka Honey Market - Spain
- 8.4.8.1. Spain: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.4.9. Manuka Honey Market - Netherlands
- 8.4.9.1. Netherlands: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.4.10. Manuka Honey Market - Russia
- 8.4.10.1. Russia: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.5. Manuka Honey Market - Asia Pacific
- 8.5.1. Asia Pacific: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.5.4. Manuka Honey Market - China
- 8.5.4.1. China: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.5.4.2. China.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.5.4.3. China: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.5.5. Manuka Honey Market - India
- 8.5.5.1. India: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.5.5.2. India.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.5.5.3. India: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.5.6. Manuka Honey Market - Malaysia
- 8.5.6.1. Malaysia: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.5.7. Manuka Honey Market - Japan
- 8.5.7.1. Japan: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.5.8. Manuka Honey Market - Indonesia
- 8.5.8.1. Indonesia: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.5.9. Manuka Honey Market - South Korea
- 8.5.9.1. South Korea: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.6. Manuka Honey Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.6.4. Manuka Honey Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.6.5. Manuka Honey Market - UAE
- 8.6.5.1. UAE: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.6.6. Manuka Honey Market - Israel
- 8.6.6.1. Israel: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.6.7. Manuka Honey Market - South Africa
- 8.6.7.1. South Africa: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.7. Manuka Honey Market - Latin America
- 8.7.1. Latin America: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.7.3. Latin America: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.7.4. Manuka Honey Market - Mexico
- 8.7.4.1. Mexico: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.7.5. Manuka Honey Market - Brazil
- 8.7.5.1. Brazil: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Manuka Honey Market, by Application, 2019-2032 (USD Million)
- 8.7.6. Manuka Honey Market - Argentina
- 8.7.6.1. Argentina: Manuka Honey Market, by Type, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Manuka Honey Market, by Nature, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Manuka Honey Market, by Application, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Manukora Limited
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Arataki Honey
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Midlands Apiaries
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Airbone Honey
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Wedderspoon Organic
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Comvita Limited
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Steens Honey
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Egmont Honey
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Manuka Pharm
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Happy Valley Honey
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Manuka Doctor
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. WildCape Manuka
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Three Peaks Manuka Honey
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Manuka Lab
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development