Global Manuka Honey Market Size By Type (UMF 5+, UMF 10+, UMF 15+, UMF 20+), By Application (Digestion & Inflammation Treatment, and Wound-care & Skincare Products), By Geographic Scope And Forecast

Manuka Honey Market Size And Forecast

Manuka Honey Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2022 to 2030.

The rising use of manuka honey in cosmetics and personal care products drives the global market. Additionally, it has health benefits such as strengthening the immune system, preventing oral infections, speeding up the healing process, and boosting the respiratory system, all of which contribute to the demand for manuka honey. The Global Manuka Honey Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Manuka Honey Market Definition

Manuka honey is the monofloral honey that is produced from the nectar of the manuka tree. This honey is mainly manufactured in Australia and New Zealand. It is utilized for medical purposes owing to its anti-bacterial properties. It contains strong flavor and sweetness which makes it a potential sweetener and table sugar replacer. Manuka honey contains methylglyoxal (MGO), which makes it beneficial for pharmaceutical purposes. Manuka honey has a lot of nutrients and is well-known for its restorative properties. Its medical advantages include high levels of cancer-prevention agents that strengthen the immune system and reduce irritation.

Manuka honey is a rich source of nutrients such as fructose, glucose, minerals, nutrients, dust, and proteins, as well as serving as a natural cell reinforcement rich in phenolic acids and flavonoids. Its typical sugar content makes it an ideal sugar to use instead of table sugar. Manuka honey is well-known for its low-fat content and is often used in the food business. It has an incredible supplement profile and antibacterial properties, making it ideal for cytokine production. This property aids in strengthening the body’s resistance.Manuka honey’s calming and anti-oxidant properties make it suitable for use on the skin in the treatment of dermatitis and skin inflammation. It is a popular choice among health-conscious people. Over the years, there has been a growing need for more nutritious foods with lower fat levels, as well as extra nutrients and supplements. The explanation is the affirmation of maintaining a healthy lifestyle despite the hectic schedules of the shoppers. As a result, customer preferences favorably influence interest in manuka honey.

Global Manuka Honey Market Overview

The rising use of manuka honey in cosmetics and personal care products drives the global market. Manuka honey is rich in vitamins and minerals, nutrients, amino acids, and minerals, all of which aid in skin protection and renewal. It’s utilized in lotions, gels, perfumes, foundations, and mascara, to mention a few applications. Additionally, it has health benefits such as strengthening the immune system, preventing oral infections, speeding up the healing process, and boosting the respiratory system, all of which contribute to the demand for manuka honey. The rich flavor of manuka honey, as well as its expanding uses as a table sugar substitute, are driving the market ahead. Furthermore, the availability of manuka honey through online sales platforms has resulted in the manuka honey market growing. The users can order it online owing to its availability on e-commerce sites. Additionally, increased expenditure on healthy food products by the millennials has accelerated the demand for the manuka honey market.

However, a restraining factor for the market is the population of honeybees around the world is struggling to survive owing to the threat of colony collapses, pests, and loss of floral resources. Agriculture systems, irreplaceable portions of nature, and food supply, according to the USDA, are the major factors affecting the current status of bees globally.

The manuka honey market offers a significant opportunity owing to the rising demand for natural and herbal ingredients. The increased demand for natural food and beauty products, combined with a shift in people’s consumption patterns, is a driving factor for the manuka honey market.

Global Manuka Honey MarketSegmentation Analysis

The Global Manuka Honey Market is segmented based on Type, Application, and Geography.

Manuka Honey Market, By Type

• UMF 5+• UMF 10+• UMF 15+• UMF 20+• Others

Based on Type, the market is further segmented into UMF 5+, UMF 10+, UMF 15+, UMF 20+, and Others. The Unique Manuka Factor (UMF) is a system for grading manuka honey. The amount of methylglyoxal (MGO) in the container is indicated by the UMF number on the label. That number can range from UMF 5+ to UMF 20+. The UMF is a quality mark that can be used to identify pure, natural manuka honey.

Manuka Honey Market, By Application

• Digestion and Inflammation Treatment• Wound-care & Skincare Products• Others

Based on Application, the market is segmented into Digestion & Inflammation Treatment, and Wound-care & Skincare Products. The digestion & inflammation treatment segment dominates the market. Wound-care & Skincare Products are expected to grow at a significant rate during forecasted years. This is owing to the rising use of Manuka Honey in skincare products.

Manuka Honey Market, By Geography

• North America• Europe• Asia Pacific• Rest of the World

Based on regional analysis, the Global Manuka Honey Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. During the forecast period, Asia-Pacific is expected to dominate the manuka honey market. The increasing number of honey applications in the region, as well as the existence of a large number of manufacturers and concentrated production in the region, have resulted in increased demand for market expansion. North America is expected to grow at the fastest rate during the forecast period, with the US being the major contributor.

Key Players

The “Global Manuka Honey Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Comvita, Watson & Son, Manuka Health, Pure Honey New Zealand, Arataki Honey, Streamland, Ora Honey, Capilano, Natures Way. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In March 2021Comvita, the global leader in Manuka Honey, had launched its limited-edition Special Reserve UMF™ 25+ (MGO 1200+) Manuka Honey, carefully collecting some of the world’s rarest honey to create a moment of delicious pleasure that connects people to the power of nature.

• In November 2019Watson & Son by Oha Honey, a New Zealand-based company, will soon be selling four Manuka honey products in the United States.

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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 from 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• 6-month post-sales analyst support

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