The global honey market size was valued at USD 8.17 billion in 2021 and is expected to grow from USD 8.53 billion in 2022 to USD 12.69 billion by 2029, exhibiting a CAGR of 5.83% during the forecast period. The honey market is a dynamic and growing sector within the global food industry. Honey, a natural sweetener produced by bees, has gained popularity not only for its delightful taste but also for its numerous health benefits, including its antioxidant and antibacterial properties. As consumers become increasingly conscious of their dietary choices and seek alternatives to processed sugars, the demand for honey continues to rise.

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Honey Market Size to Reach USD 12.69 Billion by 2029
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Honey Market Size to Reach USD 12.69 Billion by 2029

The global honey market is expected to grow from $8.53 billion in 2022 to $12.69 billion by 2029, at a CAGR of 5.83% in the forecast period, 2022-2029