Latin America Honey Powder Market Expected To Witness Growth During 2022-2027, Due To Rising Applications And Increasing Popularity Of The Product As A Healthier Sugar Alternative
El nuevo estudio de Informes de Expertos titulado ‘El Mercado Latinoamericano de Miel en Polvo, Informe y Pronóstico 2022-2027′, ofrece un análisis profundo del mercado, evaluándolo por tipo, tipo de proceso, canal de distribución, aplicación, y las regiones clave. El informe analiza los factores clave de éxito y las limitaciones, también rastrea las últimas tendencias en la industria y estudia su impacto en el mercado en general. Además, evalúa la dinámica del mercado, cubriendo los indicadores clave de demanda y precio, junto con el análisis del mercado basado en los modelos FODA y las Cinco Fuerzas de Porter.
The new report by Informes de Expertos titled, ‘Latin American Honey Powder Market 2022-2027’, gives an in-depth analysis of the market, assessing it based on the type, process type, distribution channel, application, and key regions. The report analyses key success factors and constraints, tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2021)
- Forecast CAGR (2022-2027): X%
The rising product applications in bakery and confectionery, as well as in personal and beauty care products are driving the growth of honey powder industry in Latin America. The product acts as a natural antiseptic and antimicrobial ingredient in personal and beauty care products which makes the skin dirt-free and removes dead skin cells. Moreover, it’s antibacterial and anti-inflammatory properties and its action to protect the skin from acne and scars, further increases its demand in the region significantly.
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In addition, the prevalence of lifestyle-related diseases has risen considerably due to unhealthy eating habits of consumers. This has increased the need for low-calorie sugar intake, thereby augmenting the demand for alternatives such as honey powder. There’s also an increasing preference for healthy ingredients in foods and beverages with high nutritional levels, which in turn aids the target industry growth.
Moreover, greater experimentation by the key players to bring out new and convenient packaging of honey powder is anticipated to propel the market growth in the prognostic period.
Industry Definition and Major Segments
By type, the market is bifurcated into:
- Organic
- Conventional
Based on the process type, the market is segmented into:
- Spray Dry
- Drum/Roller Dry
- Vacuum Dry
- Others
By distribution channel, the market is segmented into:
- Direct Sales
- Indirect Sales
Based on application, the report classifies the industry into:
- Food and Beverages
- Bakery Products
- Dairy
- Beverage
- Confectionery
- Others
- Personal Care and Cosmetics
- Others
Key regions covered include:
- Brazil
- Argentina
- Mexico
- Chile
- Others
Market Trends
The growing prevalence of obesity and heart problems in the Latin American region, is driving consumers’ preferences towards low sugar intake in their diet. This is propelling the demand for natural sweeteners like honey powder as a substitute. Moreover, easy handling, cost-effectiveness, and longer shelf life are some other factors contributing significantly to the sales of honey powder. Furthermore, the rising product applications in bakery and confectionery, cosmetics, and beauty products, and increasing employment in medicines, especially cough syrups, are further bolstering the industry growth. In the coming years, the rising RD activities by industry manufacturers are expected to provide new market opportunities.
Key Market Players
The major players in the market are:
- Pampa Trade SA
- Santa Colmena
- Chujuk Enjambre SAPI de C.V
- Archer Daniels Midland Company
- Norevo GmbH
- TL Sugars Limited
- B Natural srl
- ASR Group International, Inc.
- AmTech Ingredients
This report covers the market shares, expansions, investments and mergers and acquisitions, among other latest developments of these industry players.
Informes de Expertos (https://informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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We at Informes de Expertos always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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