Egypt Honey Market Research Report - Forecast to 2023

Number Of Pages: 64
Publisher Name: Market Research Future
Published date: 8/16/2018

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 & beverage industry. Moreover, the demand for monofloral honey is increasing in Egypt due to its distinctive flavor. Manufacturers are investing heavily in R&D 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.
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 & 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 & Food Products Suppliers, Imtenan, Mahmoud Gomaa Abd El Galil Co., Honey World, Dabur Egypt Ltd, and EL Rashidi EL Mizan Confectionery
Target Audience:
• Food & beverage industry
• Honey manufacturers
• Pharmaceuticals industry
• Personal care product manufacturers
• Retailers and wholesalers
• E-commerce companies
• Traders, importers, and exporters

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.

Egyptian Honey Market—Forecast till 2023:
As per MRFR 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.

Table of Contents:

1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
2.5 Key Takeaways
2.6 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Health benefits associated with honey
4.2.2 Advancements in honey harvesting technology
4.2.3 Increasing demand for Monofloral honey
4.2.4 Drivers Impact Analysis
4.3 Restraints
4.3.1 Honeybee losses
4.3.2 Fluctuation in prices of honey
4.3.3 Restraints Impact Analysis
4.4 Opportunities
4.4.1 High inclination towards natural sweeteners
4.4.2 R&D investments
4.4.3 Innovative packaging
4.5 Challenges
4.5.1 Illegal honey laundering
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Supply Chain Analysis
5.3 Porter’s Five Forces Analysis
5.3.1 Porter's 5 Forces Analysis: Honey
5.3.2 Threat of New Entrants
5.3.3 Bargaining Power of Suppliers
5.3.4 Threat of Substitutes
5.3.5 Bargaining Power of Buyers
5.3.6 Intensity of Rivalry
5.4 Mega Trends
5.4.1 Trade (Import-export) Analysis
5.4.1.1 Honey Export Analysis
5.4.1.2 Honey Import Analysis
6 Egypt Honey Market, By Type
6.1 Overview
6.1.1 Clover Honey
6.1.2 Citrus Honey
6.1.3 Cotton Honey
6.1.4 Wildflower Honey
6.1.5 Others
7 Egypt Honey Market, By Application
7.1 Overview
7.1.1 Food & Beverages
7.1.2 Personal Care Products
7.1.3 Pharmaceuticals
7.1.4 Others
8 Egypt Honey Market, By Packaging
8.1 Overview
8.1.1 Bottle
8.1.2 Jar
8.1.3 Tube
8.1.4 Tub
8.1.5 Others
9 Egypt Honey Market, By Region
9.1 Introduction
9.2 West Egypt
9.3 East Egypt
10 Company Profiles
10.1 Ahla Honey
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products Offerings
10.1.4 Key Developments
10.1.5 Key Strategy
10.2 Elnada Bee
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offerings
10.2.4 Key Developments
10.2.5 Key Strategy
10.3 Mudga Agriculture & Food Products suppliers
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offerings
10.3.4 Key Developments
10.3.5 SWOT Analysis
10.3.6 Key Strategy
10.4 Imtenan
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products Offerings
10.4.4 Key Developments
10.4.5 SWOT Analysis
10.4.6 Key Strategy
10.5 Mahmoud Gomaa Abd El Galil Co
10.5.1 Company Overview
10.5.2 Products Offerings
10.5.3 Financial Overview
10.5.4 Key Strategy
10.6 Honey World
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offerings
10.6.4 Key Strategy
10.7 Dabur Egypt Ltd.
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products Offerings
10.7.4 Key Strategy
10.8 EL Rashidi EL Mizan Confectionery
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products Offerings
10.8.4 Key Strategy
11 Conclusion
11.1 Key Findings
11.1.1 CEO’s Viewpoint
11.1.2 Key Companies to Watch
11.1.3 Prediction

List of Tables:

TABLE 1 EGYPT HONEY MARKET, BY REGION, 2017-2023 (USD MILLION)
TABLE 2 EGYPT HONEY MARKET, BY TYPE, 2017-2023 (USD MILLION)
TABLE 3 EGYPT HONEY MARKET, BY APPLICATION, 2017-2023 (USD MILLION)
TABLE 4 EGYPT HONEY MARKET, BY PACKAGING, 2017-2023 (USD MILLION)
TABLE 5 EGYPT HONEY PRODUCTION VOLUME, 2017-2023 (TONS)
TABLE 6 EGYPT HONEY CONSUMPTION VOLUME, 2017-2023 (TONS)
TABLE 7 LIST OF ASSUMPTIONS
TABLE 8 FORECAST MODEL
TABLE 9 EGYPT: HONEY MARKET, BY TYPE, 2017-2023 (USD MILLION)
TABLE 10 EGYPT: HONEY MARKET, BY TYPE, 2017-2023 TONS
TABLE 11 EGYPT: HONEY MARKET, BY APPLICATION, 2017-2023 (USD MILLION)
TABLE 12 EGYPT: HONEY MARKET, BY APPLICATION, 2017-2023 TONS
TABLE 13 EGYPT: HONEY MARKET, BY PACKAGING, 2017-2023 (USD MILLION)
TABLE 14 EGYPT: HONEY MARKET, BY PACKAGING, 2017-2023 TONS
TABLE 15 EGYPT HONEY MARKET, BY REGION, 2017-2023(USD MILLION)
TABLE 16 EGYPT HONEY MARKET, BY REGION, 2017-2023TONS
TABLE 17 WEST EGYPT: HONEY MARKET, BY TYPE, 2017-2023(USD MILLION)
TABLE 18 WEST EGYPT: HONEY MARKET, BY TYPE, 2017-2023 TONS
TABLE 19 WEST EGYPT: HONEY MARKET, BY APPLICATION, 2017-2023 (USD MILLION)
TABLE 20 WEST EGYPT: HONEY MARKET, BY APPLICATION, 2017-2023 TONS
TABLE 21 WEST EGYPT: HONEY MARKET, BY PACKAGING, 2017-2023 (USD MILLION)
TABLE 22 WEST EGYPT: HONEY MARKET, BY PACKAGING, 2017-2023 TONS
TABLE 23 EAST EGYPT: HONEY MARKET, BY TYPE, 2017-2023 (USD MILLION)
TABLE 24 EAST EGYPT: HONEY MARKET, BY TYPE, 2017-2023 TONS
TABLE 25 EAST EGYPT: HONEY MARKET, BY APPLICATION, 2017-2023 (USD MILLION)
TABLE 26 EAST EGYPT: HONEY MARKET, BY APPLICATION, 2017-2023 TONS
TABLE 27 EAST EGYPT: HONEY MARKET, BY PACKAGING, 2017-2023 (USD MILLION)
TABLE 28 EAST EGYPT: HONEY MARKET, BY PACKAGING, 2017-2023 TONS


List of Figures:

FIGURE 1 EGYPT HONEY MARKET SHARE (%), BY REGION (2018 & 2023)
FIGURE 2 EGYPT HONEY MARKET SHARE (%), BY TYPE (2018 & 2023)
FIGURE 3 EGYPT HONEY MARKET SHARE (%), BY APPLICATION (2018 & 2023)
FIGURE 4 EGYPT HONEY MARKET SHARE (%), BY PACKAGING (2018 & 2023)
FIGURE 5 EGYPT HONEY MARKET: MARKET STRUCTURE
FIGURE 6 KEY TAKEAWAYS OF THE HONEY MARKET
FIGURE 7 KEY BUYING CRITERIA OF HONEY
FIGURE 8 RESEARCH PROCESS OF MRFR
FIGURE 9 TOP DOWN & BOTTOM-UP APPROACH
FIGURE 10 MARKET DYNAMICS OF EGYPT HONEY MARKET
FIGURE 11 DRIVERS IMPACT ANALYSIS: EGYPT HONEY MARKET
FIGURE 12 RESTRAINTS IMPACT ANALYSIS: HONEY MARKET
FIGURE 13 VALUE CHAIN ANALYSIS: HONEY MARKET
FIGURE 14 SUPPLY CHAIN ANALYSIS: HONEY MARKET
FIGURE 15 PORTER'S 5 FORCES ANALYSIS OF EGYPT HONEY MARKET
FIGURE 16 TRENDS IN HONEY EXPORTS (2013-2017), TONS
FIGURE 17 TRENDS IN HONEY IMPORTS (2013-2017), TONS

Electronic files(PDF) of market research reports will be dispatched within 12 to 24 hours. (Mon-Fri IST)

Select License Type

Need Help?
SUBSCRIBE TO THE MAILING TO KEEP UP WITH LATEST NEWS AND UPDATES