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Honey Market Size, Revenue Share, Major Players, Growth Analysis and Forecast 2020-2028
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Honey Market Size, Revenue Share, Major Players, Growth Analysis and Forecast 2020-2028
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The Global Honey Market size is expected to reach $14.2 billion by 2026, rising at a market growth of 11.6% CAGR during the forecast period. Honey is a semi-liquid sweet substance produced by honeybees and other small insects. Bees make honey from the nectar, which they extracted from flowers or plants that is stored in their honeycomb, however other insects make it by enzymatic and regurgitation activity. Honey has a distinct composition & chemical property that helps in storing them for long-term. The antimicrobial properties & encouraging debridement feature of honey contribute in the major consumption of honey. Moreover, honey helps in accelerating the healing process of wounds by recovering wounded tissues.
Outlook on the Honey Global Market to 2026 - Key Drivers and Restraints
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