The Market value (retail sales value) of Honey Industry in China attained a value of USD 1,501.85 Millions in 2020
The Industry recorded a historical growth (CAGR) of 7.76% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
The honey industry in China recorded a high single-digit YoY growth in 2020, and a high single-digit Compound Annual Growth Rate (CAGR) between 2017-20.
Guan Sheng Yuan Food Co., Ltd., Beijing Baihua Bee Product Co. Ltd., and Bee Maid Honey Limited held the top three leading market positions in the honey industry in China.
Guan Sheng Yuan, Bai Hua, Beemaid Beehive, and Wang's were the leading brands in the honey industry.
Honey is a sweet yellow syrup made from nectar by bees. It includes liquid and solid honey e.g., Golden Blossom, Sue Bee's, and Gale's Traditional Clear Honey.
Guan Sheng Yuan Food Co., Ltd. leads the honey industry in China in 2020
Guan Sheng Yuan Food Co., Ltd. was the leading company in the Chinese honey market (by value) in 2020. Among the brands selling honey products in China, Guan Sheng Yuan, the flagship brand of Guan Sheng Yuan Food Co., Ltd., was the largest market shareholder.
Beijing Baihua Bee Product Co. Ltd. ranked second in the honey industry in China
Beijing Baihua Bee Product Co. Ltd. was the second largest company in the Chinese honey market (by value) in 2020. Bai Hua, one of the prominent brands selling honey items in China, operates under the trademark of Beijing Baihua Bee Product Co. Ltd.
The other leading market positions in the honey market in China were held by Bee Maid Honey Limited and Wang's Bee Garden Co. Ltd.
Bee Maid Honey Limited and Wang's Bee Garden Co. Ltd. were among some of the other prominent companies in the Chinese honey market, owning flagship brands Beemaid Beehive, and Wang's, respectively.
Market Fragmentation: Guan Sheng Yuan Food Co., Ltd. accounted for more than a tenth of the Chinese honey market (by value) in 2020
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