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[rbfpharma]

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[beebucket]

BeeBucket is one of the leading natural honey manufacturers in India. We offer NMR tested variety of organic honey like Ajwain Honey, Berry Honey, Dark Forest Honey, Lychee Honey and Acacia Honey which has numerous health benefits.

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Jara Impex is best Eat Items like Honey, Wheat Flour (Maida), Red Onion, White Banana Chips Manufacturer, Supplier and Exporter in Gujarat India

[kritisahani]

Future of Honey Manufacturing Industry in India

As of 2019, China was the leading producer of honey according to Statista. Turkey and Canada came in next closely followed by Argentina, Iran, the United States and Ukraine. India came eighth in that list, producing almost 67.14 thousand metric tons of honey that year and the country is slated to increase its volumes exponentially in the coming years. India’s honey market was already valued at INR 17.29 billion at the end of 2020. Estimates show that this figure will nearly double and stand at 30.6 billion by 2026. The projected CAGR is 10%, one of the highest in the world.

Market drivers

Experts predict that several reasons will come together and positively impact the future of the honey manufacturing industry in India.

One, along with being the largest producer of honey, China is also the largest consumer. This means it consumes most of what it produces. Combine this with the growing political tensions between China and the Western countries and most of Europe and America are now looking to import their honey from China’s alternative. India already supplies honey to the south Asian and Pacific region including countries like Australia, New Zealand, Indonesia, the Philippines and Vietnam. When Western countries join this group, the honey market in India will only inflate.

Two, modern customers, especially millennials and the following generations are increasingly substituting sugar with honey. Health-conscious citizens are also identifying the antimicrobial and anti-inflammatory properties of honey. The domestic demand for honey is thus slated to rise in India and this will act as one of the major market drivers for the industry. 2020 brought an unprecedented time when health and fitness became a trending topic among Indian consumers. And honey as a substitute for sugar took the lead along with other food items.

And three, the Government of India is looking to boost the Indian honey manufacturing industry by taking its funds and available resources to the grassroots. The GoI recently launched the ‘Production of Beekeeping to Increase Crop Yield’ program that aims to train farmers on the importance of bee-keeping and spread awareness about the sustainable use of fertilisers to protect the bees. The government is also directing funds to organisations and entities that offer mentoring and advisory services to bee farmers. Government initiatives always help to boost an industry and honey manufacturing is receiving increased attention over the last few years.

Market players

Until recently, business to consumer was the only distribution channel available to honey manufacturers. But technological advancement in e-commerce has opened up a whole new market for honey where the product is easily accessible to end-users. Going forward, estimates show the e-commerce will increase the demand for honey in India and more players will come into the market with diverse distribution channels like Pharmaceuticals, B2B, General Trade, Cosmetics, and more.

Additionally, the Indian honey market is becoming increasingly competitive that is helping to keep the demand at high levels. Previously, brands like Dabur India Ltd and Apis India dominated the market but now, new players like i-FLO by GHCL are starting to make a mark. GHCL already holds an unmatched reputation for providing quality consumer products. Its range of honey in varying sizes is further improving accessibility and affordability. Increased competition is always a sign of a healthy market.

Going forward

Maharashtra is the largest producer of honey in India now. And the country, as a whole, manufacturers multiflora honey the most in terms of flavour. Expert predictions indicate that more Indian states will boost their honey production given the effects of the market drivers in the coming years and consumers will increasingly accept other flavours of honey like Eucalyptus, Ajwain and more. The quality of honey manufacturing should also improve due to the existing competition and India may rise above the INR 30.6 billion by 2026 prediction.

[aishamalhotra]

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[beebucket]

BeeBucket is one of the leading natural honey manufacturers in India. We offer NMR tested variety of organic honey like Ajwain Honey, Berry Honey, Dark Forest Honey, Lychee Honey and Acacia Honey which has numerous health benefits.

[beebucket]

Are you looking to buy flavour honey in bulk? Beebucket is a leading acacia honey manufacturer & exporter offers natural raw honey in variety of flavours and in different packaging size.

[beebucket]

BeeBucket is one of the best NMR tested honey exporters in India. We export NMR certified pure raw honey in bulk packing with 300 kg drum packing, bucket packing and 1 kg glass bottle.

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Honey is used as food ingredient and also has health benefits that used as medicine. Honey manufacturer in India shares benefits of raw honey like heal sunburn, cure bug bites, clean the hair, helps lose weight, helps cure persistent cough and skin care.

[beebucket]

Get 100% Natural Honey in India

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[beebucket]

Are you looking for an Indian honey exporter? BeeBucket is the best Indian honey exporter that provides natural pure raw honey with different packaging sizes such as 300 kg drum packing, bucket packing and 1 kg glass bottle. Contact Us Now!!