The Honey Segment in China registered a Market volume of 136.66 million kilograms in 2025
The indicator recorded a historical growth (CAGR) of 1.83% between 2022 to 2025, and is expected to decline by...
GlobalData projects the indicator to grow at a CAGR of...
Market volume of honey market in China recorded a single-digit YoY growth in 2021
Market volume of honey market in China recorded a significant growth between 2018-2021.
The demand for convenient food options in China is increasing due to the hectic and busy lifestyles of Chinese consumers. This is the major factor driving the growth of the syrups and spreads market in the country. This is giving opportunities to manufacturers to launch new and innovative products in the market. However, the Chinese syrups and spreads market is matured, and rising health awareness added to economic slowdown during the review period is expected to affect market growth over the forecast period.
The syrups and spreads market consists of the retail sale of jams, jellies, preserves, molasses, savory spreads (sandwich fillers, meat paste, fish paste, and beef or yeast-based spreads), sweet spreads (chocolate, honey, nutbased, and other sweet spreads), and syrups. Honey refers to a sweet yellow syrup made from nectar by bees. Includes liquid and solid honey e.g. Golden Blossom, Sue Bee's and Gale's Traditional Clear Honey. Market volume is defined as the total number of transactions.
Five forces analysis
The syrups & spreads market will be analyzed taking manufacturers of syrups & spreads as players. The key buyers will be taken as distributors and retailers of syrups & spreads, and producers of packaging, syrups & spreads ingredients and other raw materials as the key suppliers.
The Chinese syrups and spreads market experienced strong growth during the review period (2016–20). The market is fragmented, indicating greater levels of rivalry between players. Rivalry in the market is also intensified by high fixed costs and exit barriers.
Larger retailers, such as hypermarkets and supermarkets, can make large purchases and negotiate on price with manufacturers, boosting buyer power. Retailers are unlikely to be swayed by brand loyalty, but they will have to stock brands preferred by consumers.
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