The Honey Segment in United Kingdom registered a Market volume of 32.41 million kilograms in 2025
The indicator recorded a historical growth (CAGR) of 3.95% between 2022 to 2025, and is expected to grow by...
GlobalData projects the indicator to grow at a CAGR of...
Market volume of honey market in the UK recorded a single-digit YoY growth in 2021
Market volume of honey market in the UK recorded a significant growth between 2018-2021.
UK consumers are more lifestyle focused and prefer ‘clean living’. Therefore, syrups and spreads with high sugar content are losing their preference. The health and wellness trend is more prominent in the UK. Consumers are creating demand for naturally healthy and naturally sweet products. This is helping manufacturers launch innovative products which are natural and have health benefits such as honey.
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 UK syrups and spreads market experienced moderate growth during 2016-2020. 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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