The global Honey Powder Market is growing with a CAGR of 4.1% over the forecast period and it is expected to reach USD 1.56 billion by 2025, according to a new report released by Million Insights. Longer shelf life and low calorie present in crystal honey are driving the growth of the market.
Key Players:
Woodland Foods, Domino Specialty Ingredients, Archer Daniels Midland Company, Norevo
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Market Synopsis of Honey Powder Market:
Among various applications, the bakery segment held the largest market share in 2018. Honey powder is used as a natural sweetener and it is widely used in bakery products as an alternative to artificial sweeteners. Additionally, the low cost of crystal honey further strengthens its demand in the food and beverage industry. This honey product is low in calorie and comprises of different minerals and vitamins, therefore, providing a healthy alternative to calorie-rich sweeteners such as white sugar and others. Growing obesity has led to a change in consumers’ preferences where low-calorie foods are gaining traction.
The beauty product segment is projected to grow with the highest CAGR during the forecast period. Raw honey is widely used in the beauty industry as a skin cleanser. The honey powder shows similar characteristics as liquid honey and can be used alternatively in the cosmetics industry. Crystal honey is used in the manufacturing of facial masks, soaps and other similar products. Considering the increasing use of crystal honey in the cosmetic industry, manufacturers are exploring their unknown benefits.
North America was the leading region in terms of market share in 2018. Owing to the rising demand for low-calorie foods among the health-conscious population, the demand for alternative sweeteners is gaining traction, which in turn driving the honey powder market growth in the region. Further, increasing obesity among countries such as the United States and Canada has resulted in a rise in demand for crystal honey products. Over half of the honey consumption worldwide is done in North America. On the other hand, Asia Pacific is likely to register a CAGR of 5.9% over the forecast period. Increasing production of honey in emerging countries such as India and China are expected to drive the Asia Pacific region’s growth.
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Honey Powder: Market Variables, Trends & Scope
Chapter 4 Honey Powder: Product Estimates & Trend Analysis
Chapter 5 Honey Powder: Application Estimates & Trend Analysis
Chapter 6 Honey Powder: End-use Estimates & Trend Analysis
Chapter 7 Honey Powder: Industrial End-use Estimates & Trend Analysis
Chapter 8 Honey Powder: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Honey Powder: Manufacturers Company Profiles
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The global Hibiscus Flower Powder Market size is projected to account for USD 160.2 million by 2025, as per a new report by Million Insights.
The market is estimated to register 6.1% CAGR over the forecast years.
Increasing use of the products in applications such as pharmaceuticals, cosmetics and food & beverages is driving the growth of the market.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/global-hibiscus-flower-powder-market/request-sample Market Synopsis of Hibiscus Flower Powder Market: Increasing awareness regarding benefits of hibiscus flower powder is also attributing to the growth of the market.
Emerging countries such as China and India are the major markets for natural cosmetics.
Food & beverages segment held the highest share in the market in 2018.
Honey powder is particularly gaining traction on the back of its convenient handling, versatility of usage, and 100% credibility.
The global honey powder market has been extensively analysed in a new upcoming report of Fairfield Market Research.
Get a Sample Copy of Honey Powder Market: https://www.fairfieldmarketresearch.com/report/honey-powder-market Consumers to Favour Honey Powder as a Natural SweetenerWith a number of artificial sweeteners trying to penetrate markets deeper, leveraging the thriving sugar-free trend, honey continues to be favoured owing to its natural, and lasting sweetening properties.
There has been a visibly growing preference for honey powder over regular sugar among tea, and coffee lovers, as well as beverage consumers.
It is also witnessing greater adoption to be used in manufacturing of bathing products aiming to deliver an improved skin foundation.
The brightening, softening, and nourishing properties of honey (powder) will continue to uphold consumption within the beauty, cosmetics, personal care, and bathing product segments.
The Global Honey Powder Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Honey Powder Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/15608-honey-powder-market-reportThe report also covers the complete competitive landscape of the global Honey Powder market with company profiles of key players such as:NestleArcher Daniels Midland CompanyDuketomsGMI Honey InternationalRainy Day FoodsEmergency Essentials FoodMolda AGNorevo GmbHOthersA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Applications:CosmeticsFood & BeveragesPharmaceuticalsMedical TreatmentOthersBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Honey Powder Market @ https://www.decisiondatabases.com/contact/download-sample-15608The Global Honey Powder Market has been exhibited in detail in the following chapters –Chapter 1 Honey Powder Market PrefaceChapter 2 Executive SummaryChapter 3 Honey Powder Industry AnalysisChapter 4 Honey Powder Market Value Chain AnalysisChapter 5 Honey Powder Market Analysis By ApplicationsChapter 6 Honey Powder Market Analysis By GeographyChapter 7 Competitive Landscape Of Honey Powder CompaniesChapter 8 Company Profiles Of Honey Powder IndustryPurchase the complete Global Honey Powder Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-15608Other Reports by DecisionDatabases.com:Global Milk Permeate Powder Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Manuka Honey Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Kombucha Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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