Worldwide Honey Market to Exceed a Healthy Grow at CAGR 7.22% from 2018 to 2023
The industry for honey is expanding with a high growth rate due to relative inelasticity in demand of the product. Market Research Future which focuses on market reports associated to the Food, Beverages & Nutrition sector amongst others recently published a report on this sector. The industry is anticipated to achieve 2,768.7 kt in terms of production by end of the year 2023 while expanding at a CAGR of 7.22% in the forecast period.
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