Indian Honey Market to Reach INR 28,057 Million by 2024

Food
Indian Honey Market to Reach INR 28,057 Million by 2024

The Indian honey market has witnessed strong growth over the past few years. The demand for honey has been rising as it offers numerous benefits such as improving cholesterol levels, nourishing skin, boosting memory and preventing heart diseases.

Due to a high floral diversity and the availability of a variety of bee forages, the honey industry offers lucrative opportunities for manufacturers to produce a variety of honey flavors like tulsi, ajwain, eucalyptus and jamun. This, along with the rising popularity of online retail stores in the country is propelling the growth of the honey market. Further, the Government of India is providing training programs, and advisory and mentoring services to educate farmers on the latest beekeeping practices, thereby stimulating the production of honey in the nation.

News Source: IMARC Group