허니 스프레드 시장 예측(-2030년) : 제품 유형별, 가공별, 포장별, 가격 부문별, 용도별, 유통 채널별, 지역별 세계 분석

According to Stratistics MRC, the Global Honey Spread Market is accounted for $4.05 billion in 2024 and is expected to reach $5.98 billion by 2030, growing at a CAGR of 6.7% during the forecast period. Honey spread is a sweet, creamy product made from honey, often blended with other ingredients such as butter, oils, or flavorings to achieve a smooth, spreadable texture. It is used as a condiment or ingredient in various recipes, offering a natural sweetness and rich flavor. Honey spread combines the health benefits of honey with the versatility of a spread, making it a popular choice for enhancing snacks, breakfast items, and baked goods.

According to the Food and Agriculture Organization of the United Nations (FAO), global honey production reached 1.85 million tonnes in 2019, showing a steady increase over the years.

Market Dynamics:

Driver:

Rising health consciousness

Consumers are increasingly seeking natural and healthier alternatives to refined sugar and artificial sweeteners. Honey is perceived as a more nutritious option due to its natural antioxidants, vitamins, and minerals. This shift in consumer preferences towards healthier food choices has led to a higher demand for honey spreads as a breakfast staple and versatile ingredient in various recipes. The trend is further amplified by the growing interest in organic and raw honey products, which are seen as even more beneficial for health.

Restraint:

Limited awareness

Despite the growing health consciousness, there is still limited awareness about the diverse applications and benefits of honey spreads in many regions. Many consumers are not fully informed about the various types of honey spreads available, their unique flavors, and their potential uses beyond traditional applications. This lack of awareness can hinder market growth, especially in regions where honey is not a traditional part of the diet. Additionally, misconceptions about honey's caloric content or its impact on blood sugar levels can deter some health-conscious consumers.

Opportunity:

Increasing online shopping trends

Online retail channels offer convenience, a wide product selection, and the ability to reach a global customer base. This trend has been accelerated by the COVID-19 pandemic, which has shifted consumer shopping habits towards online platforms. E-commerce allows honey spread manufacturers to showcase their product range, provide detailed information about honey varieties and their origins, and engage directly with consumers. It also enables smaller, artisanal producers to reach niche markets and compete with larger brands, indicating substantial potential for market expansion.

Threat:

Adverse weather conditions

Bees are highly sensitive to environmental changes, and extreme weather events such as droughts, floods, or unseasonable temperatures can severely impact honey production. These conditions can lead to reduced bee populations, lower honey yields, and inconsistent quality. Consequently, this can result in supply shortages and price volatility in the honey market, affecting the production and pricing of honey spreads. The long-term sustainability of honey production is at risk, potentially leading to increased costs for manufacturers and higher prices for consumers.

Covid-19 Impact:

The COVID-19 pandemic initially disrupted supply chains and production in the honey spread market. However, it also led to increased consumer interest in health-boosting foods, benefiting honey products. The pandemic accelerated the shift towards e-commerce, boosting online sales of honey spreads. Long-term, the heightened focus on health and wellness may sustain higher demand for natural sweeteners like honey spreads.

The hypermarkets & supermarkets segment is expected to be the largest during the forecast period

The hypermarkets and supermarkets segment is estimated to dominate the honey spread market distribution due to their wide product range and consumer accessibility. These retail formats offer various honey spread brands and types under one roof, allowing consumers to compare products easily. They also provide opportunities for in-store promotions and product sampling, which can drive sales. The convenience of one-stop shopping and the ability to physically examine products before purchase make hypermarkets and supermarkets preferred channels for many consumers. This segment's dominance is further reinforced by established supply chains and the ability to offer competitive pricing due to bulk purchasing power.

The premium segment is expected to have the highest CAGR during the forecast period

The premium segment in the honey spread market is experiencing rapid growth due to increasing consumer interest in high-quality, specialty honey products. This segment includes organic, raw, and monofloral honey spreads, as well as those with unique flavor profiles or sourced from specific geographical regions. Consumers are willing to pay higher prices for these products, perceiving them as having superior taste, quality, and health benefits. The premium segment also aligns with the growing trend of food as an experience and the desire for artisanal and gourmet products. This trend is particularly strong among millennials and health-conscious consumers, driving innovation and diversification in the honey spread market.

Region with largest share:

The North American region is anticipated to dominate the honey spread market due to high consumer awareness of honey's health benefits and a well-established breakfast culture. The region has a strong preference for natural sweeteners and a growing demand for organic and specialty honey products. The presence of major honey producers and a robust retail infrastructure further supports market growth. Additionally, the increasing incorporation of honey spreads in various cuisines and as ingredients in processed foods contributes to its large market share. The region's focus on health and wellness trends, coupled with higher disposable incomes, drives the demand for premium honey spread products.

Region with highest CAGR:

The Asia Pacific region is expected to experience the highest growth rate in the honey spread market. This rapid growth is driven by increasing urbanization, rising disposable incomes, and changing dietary habits. There's a growing awareness of honey's health benefits, leading to its increased adoption as a natural sweetener. The region's large population and expanding middle class present a vast market potential. Additionally, the integration of honey into traditional Asian cuisines and its use in Ayurvedic and traditional medicine further boost demand. The expansion of modern retail formats and e-commerce platforms in the region is also facilitating easier access to a variety of honey spread products.

Key players in the market

Some of the key players in Honey Spread Market include Unilever, Nestle, The Kraft Heinz Company, J.M. Smucker Company, Ferrero International S.A., Conagra Brands, Inc., B & G Foods, Sioux Honey Association, Hive & Wellness Australia Pty Ltd., Comvita Limited, Honey-Butter Products Co., Inc., Alberta Honey Producers Co-operative, The Honey Company, Dutchman's Gold, Be Sweet Products, Pearl Honey Spreads, The Hershey Company, and Jedwards International.

Key Developments:

In August 2024, Conagra Brands, Inc. announced that all conditions for the previously announced sale by one of its subsidiaries of its 51.8% ownership stake in Agro Tech Foods Limited (ATFL), a food company based in India, have been fulfilled and the transaction has been completed. This transaction is the latest step in Conagra's strategy to continuously reshape its portfolio to maximize shareholder value. Effective with the sale, Conagra Brands no longer consolidates the results of ATFL in its financial statements.

In July 2024, Hostess(R), the brand known for its soft, fluffy Twinkies(R) snack cakes, is launching Mystery Flavor Twinkies(R) in collaboration with content creator, Taylor Calmus, also known as Dude Dad on social media. Hostess Mystery Flavor Twinkies will be available exclusively at Walmart for a limited time through October.

In November 2023, The Kraft Heinz Not Company LLC ("The Kraft Heinz Not Company") launched KRAFT(R) NotMac&Cheese, the first-ever, plant-based KRAFT Mac & Cheese in the United States. KRAFT NotMac&Cheese is the third innovation to launch in a year from The Kraft Heinz Company (Nasdaq: KHC) ("Kraft Heinz") and TheNotCompany, Inc. ("NotCo") joint venture, which aims to create mouthwatering, plant-based foods for all.

Product Types Covered:

• Pure Honey Spread
• Mixed Honey Spread
• Honey Fruit Spread
• Honey Nut/Butter Spread
• Other Product Types

Processing Covered:

• Organic
• Conventional

Packaging Covered:

• Jar
• Tub
• Squeeze Tube
• Sachets

Price Segments Covered:

• Economy
• Mid-range
• Premium

Applications Covered:

• Toppings
• Baking Ingredients
• Beverages
• Culinary Uses

Distribution Channels Covered:

• Supermarkets & Hypermarkets
• Convenience Stores
• Online Retailers
• Specialty Food Stores
• Foodservice Channels

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Honey Spread Market, By Product Type

• 5.1 Introduction
• 5.2 Pure Honey Spread
• 5.3 Mixed Honey Spread
• 5.4 Honey Fruit Spread
• 5.5 Honey Nut/Butter Spread
• 5.6 Other Product Types

6 Global Honey Spread Market, By Processing

• 6.1 Introduction
• 6.2 Organic
• 6.3 Conventional

7 Global Honey Spread Market, By Packaging

• 7.1 Introduction
• 7.2 Jar
• 7.3 Tub
• 7.4 Squeeze Tube
• 7.5 Sachets

8 Global Honey Spread Market, By Price Segment

• 8.1 Introduction
• 8.2 Economy
• 8.3 Mid-range
• 8.4 Premium

9 Global Honey Spread Market, By Application

• 9.1 Introduction
• 9.2 Toppings
• 9.3 Baking Ingredients
• 9.4 Beverages
• 9.5 Culinary Uses
  • 9.5.1 Marinades
  • 9.5.2 Sauces
  • 9.5.3 Desserts

10 Global Honey Spread Market, By Distribution Channel

• 10.1 Introduction
• 10.2 Supermarkets & Hypermarkets
• 10.3 Convenience Stores
• 10.4 Online Retailers
• 10.5 Specialty Food Stores
• 10.6 Foodservice Channels

11 Global Honey Spread Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Unilever
• 13.2 Nestle
• 13.3 The Kraft Heinz Company
• 13.4 J.M. Smucker Company
• 13.5 Ferrero International S.A.
• 13.6 Conagra Brands, Inc.
• 13.7 B & G Foods
• 13.8 Sioux Honey Association
• 13.9 Hive & Wellness Australia Pty Ltd.
• 13.10 Comvita Limited
• 13.11 Honey-Butter Products Co., Inc.
• 13.12 Alberta Honey Producers Co-operative
• 13.13 The Honey Company
• 13.14 Dutchman's Gold
• 13.15 Be Sweet Products
• 13.16 Pearl Honey Spreads
• 13.17 The Hershey Company
• 13.18 Jedwards International