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Manuka Honey Market to Register 7.5 % CAGR and Hit USD 915.5 MN till 2027
April 15, 2021 | by admin |
The global
Manuka Honey market generated revenue of around USD 550.4 million in 2020 and anticipated to grow at a CAGR of over 7.5% during the forecast period from 2021 to 2027 to reach around USD 915.5 million in 2027.
Manuka honey is a monofloral honey produced from the nectar of the manuka tree, Leptospermum. It is native to New Zealand and blooms just 2-6 weeks per year. Manuka Honey can only be produced in areas abundant with native Manuka blossoms, which is why our hives are located in some of the most remote, untouched parts of New Zealand.
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