Global Egypt Honey Market 2019 report is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific). It covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key Vendors operating in this Global market.
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In the coming years, the Egyptian honey market is expected to grow at a significant pace. Honey acts as an antioxidant and provides relief from a cough and is, therefore, used as a natural remedy for mild allergies. It is also applicable in the cosmetics industry for its skin nourishing properties. Moreover, innovations in processing technology to increase the production of honey are expected to drive product demand in various industries.
As consumers are becoming more health conscious, the demand for natural sweeteners is increasing, leading to lucrative growth opportunities for market players in the food and beverage industry. Moreover, the demand for monofloral honey is increasing in Egypt due to its distinctive flavor. Manufacturers are investing heavily in RandD to create innovative flavors such as jamun, neem, lychee, sunflower, coffee, tulsi, ginger, garlic, and forest honey which is driving factor market growth. Innovative packaging also plays a vital role in increasing sales.
Regional Analysis
The Egyptian honey market has been segmented into Western Egypt and Eastern Egypt. The Western Egypt segment is expected to remain dominant during the forecast period of 2018 to 2023. The regional market is estimated to reach USD 23.4 million at a CAGR of 5.21%. Western Egypt is expected to account for the larger market share of 88.41% in 2018. The Eastern Egypt segment is also projected to witness substantial growth during the forecast period.
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Segmentation
The Egyptian honey market has been segmented, by type, into clover honey, citrus honey, cotton honey, wildflower honey, and others.
By application, the Egyptian honey market has been divided into food and beverage, personal care products, pharmaceuticals, and others.
By packaging, the Egyptian honey market has been classified as bottles, jars, tubes, tubs, and others.
Key Players:
The leading players in the Egyptian honey market are Ahla Honey, Elnada Bee, Mudga Agriculture and Food Products Suppliers, Imtenan, Mahmoud Gomaa Abd El Galil Co., Honey World, Dabur Egypt Ltd, and EL Rashidi EL Mizan Confectionery
Target Audience:
Food and beverage industryHoney manufacturersPharmaceuticals industryPersonal care product manufacturersRetailers and wholesalersE-commerce companiesTraders, importers, and exporters
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Key Findings:
The Egyptian honey market is projected to reach USD 26.4 million by the end of 2023 at a CAGR of 5.10%.
The clover honey segment is expected to register the highest CAGR of 5.55% during the forecast period.
The personal care products application segment is projected to exhibit a CAGR of 5.61% during the forecast period.
The bottles segment is projected to be the fastest-growing packaging market during the review period. As per the analysis, the Egyptian honey market is projected to reach USD 26.4 million by the end of 2023 at a CAGR of 5.10% during the forecast period.
Key Features of Egypt Honey Market Research Report:
Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
Some of Major Points from TOC: –
1 Executive Summary2 Market Dynamics2.1 Market Growth Factors2.2 Market Restraints2.3 Market Opportunities2.3.1 Development of Egypt Honey2.4 Global Egypt Honey Market Supply Chain2.5 Porter’s Five Forces Analysis3 Global Egypt Honey Market, By Category3.1 Introduction3.2 Sub-segment4 Global Egypt Honey Market, By Applications4.1 Introduction4.2 Sub-segment5 Global Egypt Honey Market, By Product Type6 Global Egypt Honey Market, By Industry6.1 Introduction6.2 Sub-segment7 Global Egypt Honey Market, By Region7.1 Introduction7.2 Market, By Regions7.2.1 North America7.2.1.1 U.S.7.2.1.2 Canada7.2.1.3 Mexico7.2.2 Europe7.2.2.1 UK7.2.2.2 Germany7.2.2.3 France7.2.2.4 Rest of Europe7.2.3 Asia-Pacific7.2.3.1 China7.2.3.2 South Korea7.2.3.3 Japan7.2.3.4 India7.2.3.5 Rest of Asia-pacific7.2.4 Rest of the World (RoW)7.2.4.1 Middle East and Africa7.2.4.2 Latin America8 Competitive Landscape8.1 Introduction8.2 Market Share Analysis9 Company Profiles9.1.1 Business Overview9.1.2 Product/Services Offering9.1.3 Business Strategy9.1.4 SWOT ANALYSIS10 Appendix10.1 Scope of the Study10.1.1 Research Objective10.1.2 Assumption10.1.3 Limitation10.2 Market Structure11 Research Methodologies11.1 Research Process11.2 Primary Research11.3 Secondary Research11.4 Market Size Estimation11.5 Forecast Model
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To view the original version on The Express Wire visit Egypt Honey Market 2019 Analysis, Growth, Drivers, Vendors Landscape, Shares, Size, Trends, Challenges, Segmentation with Opportunity Analysis, Player Landscape, Growth, Developments & Forecast till 2023