Indian Honey Market Reach INR 28,057 Million by 2024 and CAGR 10%

1. Indian Honey Market Report, Industry Trends, Growth, Share, Size and Forecast Till 2024 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

2. About IMARC Group Report Description IMARC is a leading advisor on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Indian Honey Market Report By Flavour (Multiflora Honey, Eucalyptus Honey, Ajwain Honey, Sidr Honey and Others), Seasons (Autumn & Spring Season, Winter Season and Summer & Monsoon Season), Distribution Channel, States The Indian honey market has witnessed strong growth over the past few years. The demand for honey has been rising as it offers numerous benefits such as improving cholesterol levels, nourishing skin, boosting memory and preventing heart diseases. Market Overview: According to the recent study by IMARC Group, titled “Indian Honey Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Indian honey market reached a value of INR 15,579 Million in 2018, registering a CAGR of almost 11% during 2012-2018. Honey is a thick, golden, sweet liquid processed by bees using the nectar of flowering plants. It possesses anti-bacterial, anti-microbial, anti-oxidant and anti-inflammatory properties, and contains nutrients like Vitamin B6, thiamine, niacin, pantothenic acid and riboflavin. Owing to this, honey helps in strengthening the immune system, preventing cancer, improving cholesterol levels, nourishing skin and boosting memory. As a result, it is extensively used in the production of pharmaceuticals, cosmetics and food items. Since beekeeping is one of the oldest agricultural activities practiced in India and is considered an integral part of the economy, the Indian honey market has a strong foothold in the country.

4. Report Description and Highlights Report Description • Market Trends: • Due to a high floral diversity and the availability of a variety of bee forages, the honey industry offers lucrative opportunities for manufacturers to produce a variety of honey flavors like tulsi, ajwain, eucalyptus and jamun. This, along with the rising popularity of online retail stores in the country is propelling the growth of the honey market. Further, the Government of India is providing training programs, and advisory and mentoring services to educate farmers on the latest beekeeping practices, thereby stimulating the production of honey in the nation. For instance, the Government has launched the “Development of Beekeeping for Improving Crop Yield”, a scheme which helps in organizing training and awareness programs for beekeepers and supporting the establishment of honey processing plants. On account of these factors, the market is projected to reach a value of INR 28,057 Million by 2024, registering a CAGR more than 10% during 2019-2024. • Indian Honey Market Segmentation: • Market Segmentation by Flavour • Multiflora Honey • Request for a sample report: https://www.imarcgroup.com/indian-honey-market/requestsample

5. Market Forecast Sample Figure: India: Honey Market Forecast: Sales Value (in Million INR), 2019-2024

6. Market Segmentation Report Description • Eucalyptus Honey • Ajwain Honey • Sidr Honey • Others • Based on flavors, the market has been divided into multiflora honey, eucalyptus honey, ajwain honey, Sidr honey and others. Amongst these, multiflora honey exhibits a clear dominance in the Indian market, accounting for the majority of the total market share. • Market Segmentation by Seasons • Autumn and Spring Season • Winter Season • Summer and Monsoon Season • On the basis of seasons, autumn and spring represent the most popular seasons in India, holding the largest market share. Other major seasons include winter, summer and monsoon. • Market Segmentation by State • For more information, click here: https://www.imarcgroup.com/indian-honey-market

7. Market Segmentation Report Description • Maharashtra • Tamil Nadu • Karnataka • Punjab • Rajasthan • On a geographical front, the market has been categorized into Maharashtra, Tamil Nadu, Karnataka, Punjab and Rajasthan. Currently, Maharashtra enjoys the leading position in the market as most of the honey production facilities are located in the state. • Market Segmentation by Distribution Channel • Business to Consumer • Business to Business • Based on distribution channels, the market has been divided into business-to-consumer and business-to-business. Presently, the business-to-consumer segment accounts for the dominant share. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players.

8. Market Segmentation Report Description • Dabur • Patanjali • Apis India • Emami Limited • Hitkary Pharmacy Private Limited • Reliance Retail Limited • Shree BaidyanathAyurved Bhawan Pvt. Ltd. • Kejriwal Bee Care India Pvt. Ltd. • Bharat Honey • Under The Mango Tree • In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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12. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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