The Latest Honey Industry Statistics Explained
The global honey market size was valued at USD 7.9 billion in 2020.
The statistic “The global honey market size was valued at USD 7.9 billion in 2020” indicates the total estimated value of the global honey market for that year. This value signifies the revenue generated from the production, sale, and consumption of honey worldwide. The figure of USD 7.9 billion reflects the economic significance and scale of the honey industry on a global scale in 2020. Factors such as consumer demand, production volumes, pricing dynamics, and supply chain intricacies all contribute to determining the overall market size of honey. This statistic serves as a key indicator for understanding the market’s growth, trends, and potential opportunities within the honey industry.
Europe dominated the honey market with a share of 29.0% in 2020.
The statistic indicates that in 2020, Europe held a significant portion of the global honey market with a market share of 29.0%. This means that almost a third of the world’s honey production and consumption occurred in Europe during that year. The dominance of Europe in the honey market suggests that European countries are major players in the production, import, and export of honey products. Factors such as favorable climatic conditions for honey production, advanced beekeeping practices, and strong consumer demand for honey in Europe likely contribute to the region’s prominent position in the global market.
The demand for organic honey was over 80 kilo tons in 2020.
The statistic “The demand for organic honey was over 80 kilo tons in 2020” indicates that the market for organic honey experienced high consumer interest and consumption of more than 80,000 metric tons in the year 2020. This suggests a growing preference for organic honey products among consumers, potentially driven by health and environmental considerations. The significant demand for organic honey implies a strong market presence and opportunities for honey producers and retailers to capitalize on this trend by offering more organic honey products to meet consumer needs and preferences.
The global honey consumption is expected to grow at a compound annual growth rate of 8.0% from 2021 to 2026.
The statistic indicates that the global consumption of honey is projected to increase by 8.0% per year on average between 2021 and 2026. This compound annual growth rate suggests a steady and consistent rise in the consumption of honey over the specified period. Factors driving this growth may include an increasing awareness of the health benefits of honey, its diverse culinary uses, and expanding markets both domestically and internationally. The projection indicates a positive trend in the honey industry, potentially leading to increased production, trade, and economic opportunities for honey producers and stakeholders worldwide.
The manuka honey segment is projected to expand at the highest CAGR of 8.2% from 2021 to 2028.
This statistic indicates that the manuka honey segment is expected to experience a Compound Annual Growth Rate (CAGR) of 8.2% from the year 2021 to 2028. A CAGR of 8.2% implies that the market for manuka honey is expected to grow steadily at an average annual rate of 8.2% during this time period. This growth rate is higher compared to other segments in the market, suggesting that manuka honey is projected to have a stronger expansion over the specified timeframe. This data is important for industry stakeholders, investors, and decision-makers to understand the market dynamics and potential opportunities within the manuka honey industry.
The number of honey producing bee colonies in the U.S. increased by 7% from 2.67 million colonies in 2015 to 2.88 million colonies in 2020.
The statistic indicates that the number of honey producing bee colonies in the U.S. experienced a 7% increase over a five-year period, rising from 2.67 million colonies in 2015 to 2.88 million colonies in 2020. This growth suggests a positive trend in beekeeping activities, which is essential for pollination and honey production. The increment in bee colonies could be due to various factors such as increased awareness of the importance of bees in ecosystems, improved beekeeping practices, and potentially favorable environmental conditions. The rise in bee populations is promising for maintaining biodiversity, supporting agriculture through pollination services, and ensuring a stable supply of honey and other bee-related products.
China is the leading producer of honey worldwide, contributing approximately 24% of the total global production in 2018.
In 2018, China held the prominent position of being the top honey producer globally, accounting for approximately 24% of the total global honey production. This statistic indicates the significant contribution of China to the honey industry, highlighting its leading role in meeting the global demand for honey. The country’s substantial share of the market underscores its importance in the production and supply chain of honey around the world, showcasing its competitive advantage and dominance in this particular sector.
According to the American Beekeeping Federation, honey bees contribute nearly $20 billion to the value of U.S. crop production.
The statistic from the American Beekeeping Federation stating that honey bees contribute nearly $20 billion to the value of U.S. crop production suggests the significant economic impact of honey bees on agriculture in the United States. This figure highlights the crucial role honey bees play in pollinating crops, which is essential for the successful growth and yield of many fruits, vegetables, and nuts. Without the pollination services provided by honey bees, the agricultural sector would suffer substantial losses in productivity and profitability. This statistic emphasizes the importance of preserving honey bee populations and promoting their health and sustainability to ensure the continued success of U.S. crop production and the overall agricultural economy.
In 2020, honey production in the U.S. from producers with five or more colonies totaled 148 million pounds.
The statistic “In 2020, honey production in the U.S. from producers with five or more colonies totaled 148 million pounds” indicates the total amount of honey harvested in the United States in 2020 by beekeepers who manage at least five bee colonies. This figure provides valuable insight into the scale of honey production in the country and suggests that larger-scale commercial beekeeping operations play a significant role in the industry. The 148 million pounds of honey produced represents a substantial contribution to both the domestic and international honey markets, highlighting the economic importance of the beekeeping sector in the U.S.
The average yield per colony of honey in the U.S. was 39.2 pounds in 2020.
The statistic that the average yield per colony of honey in the U.S. was 39.2 pounds in 2020 represents the mean amount of honey produced by each bee colony in the United States during that year. This metric provides insight into the productivity and efficiency of beekeeping operations across the country. A higher average yield per colony indicates that beekeepers were successful in managing their colonies to maximize honey production. Monitoring this statistic can help the beekeeping industry track trends in honey production, identify factors affecting yields, and make informed decisions to improve bee colony health and optimize honey output.
The value of U.S. honey production in 2020 was $319 million.
The statistic stating that the value of U.S. honey production in 2020 was $319 million represents the total monetary worth of honey produced in the United States during that year. This figure includes the revenue generated from the sale of honey products and signifies the economic importance of the honey industry within the country. The value of honey production serves as an indicator of the scale of the honey market and its contribution to the agricultural sector. It also reflects consumer demand for honey products and the overall health of the industry. Tracking such statistics is essential for policymakers, industry stakeholders, and researchers to make informed decisions and assess the economic impact of honey production in the United States.
In 2020, the average price per pound for honey in the U.S. was $2.15.
The statistic stating that in 2020, the average price per pound for honey in the U.S. was $2.15 represents the mean of honey prices across the country during that year. This average price provides a summary measure of the typical cost consumers could expect to pay for a pound of honey in the U.S. during 2020. It offers valuable insight into pricing trends in the honey market and can be used by consumers, producers, retailers, and policymakers to understand the general level of honey prices and make informed decisions related to honey consumption, production, and trade. Additionally, analyzing how this average price changes over time can help identify factors impacting honey pricing dynamics, such as supply and demand, production costs, and market competition.
New Zealand is the largest exporter of honey in the world, exporting over $350 million in 2019.
The statistic that New Zealand is the largest exporter of honey in the world, exporting over $350 million in 2019, highlights the significant role that New Zealand plays in the global honey market. The country’s strong reputation for high-quality, pure honey products has allowed it to capture a substantial share of the international market, surpassing other major honey-producing nations. This statistic also reflects the growing global demand for natural and premium honey products, with New Zealand’s honey industry benefiting from consumers’ increasing preference for high-quality, sustainably sourced honey. The substantial export value of New Zealand’s honey industry in 2019 underscores the economic importance of the sector to the country’s overall trade and economy.
The global demand for raw and processed honey is growing at a rate of 7.3% per year.
This statistic indicates that the global demand for both raw and processed honey is increasing at a steady rate of 7.3% annually. This growth rate suggests a strong and consistent demand for honey products worldwide. Factors driving this trend could include increasing awareness of the health benefits of honey, growing interest in natural and organic food products, and a rising demand for honey-based sweeteners and ingredients in various industries. The sustained growth rate of 7.3% per year highlights the potential opportunities for honey producers and businesses in the honey industry to capitalize on this growing market demand.
In Germany, the per capita consumption of honey was almost 1.1 kilograms in 2019.
The statistic “In Germany, the per capita consumption of honey was almost 1.1 kilograms in 2019” indicates the average amount of honey consumed by each individual in Germany over the course of one year. This figure provides insight into the demand and popularity of honey in the country, reflecting consumer preferences and dietary habits. The consumption of honey can be influenced by various factors such as cultural traditions, health trends, and availability of honey products in the market. By comparing this statistic to historical data or data from other countries, trends in honey consumption can be observed, offering valuable information for stakeholders in the honey industry, policymakers, and researchers studying dietary patterns and food consumption.
In 2020, Greece had the highest per capita consumption of honey at 1.9 kilograms per year.
The statistic reveals that in the year 2020, Greece had the highest per capita consumption of honey, with individuals in the country consuming an average of 1.9 kilograms of honey per year. This data indicates the significant popularity and demand for honey as a food product in Greece compared to other countries. Factors contributing to this high consumption rate could include cultural traditions, culinary preferences, health beliefs, and local honey production. The statistic underscores Greece’s strong connection to honey as a dietary staple and potentially points towards the economic importance of the honey industry in the country. By identifying Greece as the top consumer of honey per capita, this statistic provides insight into food consumption patterns and preferences within the Greek population and highlights the unique gastronomic profile of the country in relation to honey consumption.
India is the world’s second largest consumer of honey.
The statistic states that India is the second largest consumer of honey in the world, indicating that the demand for honey within the country is notably high. This can be attributed to various factors such as the cultural significance of honey in traditional Indian cuisine and Ayurvedic medicine, as well as an increasing awareness of the health benefits associated with consuming honey. The statistic suggests that the honey industry in India is thriving and plays a significant role in the country’s economy.
Canadian honey production decreased by 20.4% to 80.4 million pounds in 2020.
The statistic indicates that the total production of honey in Canada in 2020 decreased by 20.4% compared to the previous year, resulting in a total output of 80.4 million pounds. This decline in honey production could be attributed to various factors such as changes in weather conditions, fluctuations in bee populations, or challenges faced by beekeepers. A decrease in honey production could have economic implications for the honey industry and potentially lead to fluctuations in honey prices in the market. It is important for stakeholders in the honey industry to monitor these trends closely and implement strategies to address any challenges that may be impacting honey production in Canada.
Argentina is the third largest honey producer in the world and the largest exporter of natural honey in the Southern Hemisphere.
The statistic that Argentina is the third largest honey producer in the world and the largest exporter of natural honey in the Southern Hemisphere reflects the significant contribution of the country to the global honey industry. This indicates that Argentina has a competitive advantage in honey production, likely due to favorable climate conditions and a strong beekeeping tradition. As the largest exporter of natural honey in the Southern Hemisphere, Argentina plays a crucial role in meeting global demand for honey, and its position as the third largest producer underscores its prominence in the industry. This statistic highlights Argentina’s importance in the international honey market and the country’s ability to leverage its resources to maintain a strong presence as a key player in the global honey trade.
References
0. – https://www.www.nass.usda.gov
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2. – https://www.www150.statcan.gc.ca
3. – https://www.www.researchandmarkets.com
4. – https://www.www.honey.com
5. – https://www.www.argentina.gob.ar
6. – https://www.businesswireindia.com
7. – https://www.bee-health.extension.org
8. – https://www.www.honeytraveler.com
9. – https://www.www.grandviewresearch.com
