Honey Market Size To Hit USD 17.34 Billion By 2028
San Francisco, 3 Feb 2021: The Report Honey Market Size, Share & Trends Analysis Report By Distribution Channel (Online, Supermarket/Hypermarket), By Application (Food & Beverages, Personal Care & Cosmetics), By Region, And Segment Forecasts, 2021 - 2028 The global honey market size is expected to reach USD 17.34 billion by 2028 registering a CAGR of 8.2%, according to a new report by Grand View Research, Inc. Rising awareness about maintaining a healthy lifestyle is expected to be the key driver for the market growth over the forecast period. Honey has excellent nutritional and medicinal properties. It improves body immunity, helps in weight management, and prevents blood pressure issues. It is also a rich source of antioxidants and helps in healing burn wounds and scars. Due to such properties, it is widely used in various sectors apart from food & beverages, such as personal care & cosmetics and pharmaceuticals. Europe was the largest regional market in 202