Los Angeles, CA -- (SBWIRE) -- 09/30/2019 -- Honey powder is gaining immense traction across the globe due to its benefits such as low-calorie content, easy handling, high storage stability, and longer shelf life. In addition, it is devoid of artificial food color, anti-sticking agents, and other added substances. It finds application in various industries ranging from food and bakery to pharmaceutical and cosmetics.
The honey powder market is undergoing introduction of novel products. For instance, a leading global supplier of high-purity honey powder, GMI Honey International is soon likely to launch honey milk powder. The company's objective is to combine honey and milk forms a delicious drink with various health benefits. Such product innovations are expected to have a positive impact on the honey powder market growth in the near future.
Advantages Associated With Honey to Drive the Honey Powder Market
Numerous advantages associated with honey are expected to increase the demand for honey powder across various end-use industries such as food, bakery, and cosmetics. In addition, increasing consumer preference for low-calorie foods to fight against diseases like obesity, diabetes, and heart ailments is likely to boost the product demand. Honey powder has emerged as a great substitute for white sugar, thereby gaining traction among the consumers. Availability of honey powder at low cost is also acting as a key driver in the honey powder market. Besides that, it is easier to store and preserve and it lasts longer as compared to liquid honey.
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Market Participants to Launch New Products
Key players operating in the global honey powder market include Specialty Products and Technology Inc., Archer Daniels Midland Company, GMI Honey International, Domino Specialty, AmTech, Tata & Lyle, Augason Farms, Duketoms, Artur Betz GmbH, NutraDry, Ohly, NOREVO, and Woodland Foods.
Key manufacturers are involved in research and development activities to find various benefits and properties of honey that can amplify the product's overall production and consumption. Companies are also taking up strategies such as new product launches with an aim to expand their customer base. For instance, recently, a key manufacturer of honey powder, NOREVO launched a honey powder, which is completely water soluble and easy to blend with other ingredients. Easy handling and minimal dust formation makes it popular among the end-users.
By Nature
? Organic
? Conventional
By Application
? Food
? Bakery
? Confectionery
? Snacks
? Breakfast Cereals
? Cosmetics
? Skin Care
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