The Market value (retail sales value) of Honey Industry in Japan attained a value of USD 398.12 Millions in 2020
The Industry recorded a historical growth (CAGR) of 3.52% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
The honey industry in Japan recorded a single-digit YoY growth in 2020, and a single-digit Compound Annual Growth Rate (CAGR) between 2017-2020.
Narimpex Ltd, Nisshin Honey, Nippon Hachimitsu Co. Ltd., Kato Bros Honey Co Ltd, and Aruno Inc. held the top five leading market positions in the honey industry in Japan.
Nectaflor, Nisshin, Renge Jirushi, Sakura-jirushi, and Kanohachi 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.
Narimpex Ltd leads the honey industry in Japan in 2020
Narimpex Ltd was the leading company in the Japanese honey market (by value) in 2020. Among the brands selling honey products in Japan, Nectaflor, the flagship brand of Narimpex Ltd, was the largest market shareholder.
Nisshin Honey ranked second in the honey industry in Japan
Nisshin Honey was the second largest company in the Japanese honey market (by value) in 2020. Nisshin, one of the prominent brands selling honey items in Japan, operates under the trademark of Nisshin Honey.
The other leading market positions in the honey market in Japan were held by Nippon Hachimitsu Co. Ltd., Kato Bros Honey Co Ltd, and Aruno Inc.
Nippon Hachimitsu Co. Ltd., Kato Bros Honey Co Ltd, and Aruno Inc. were among some of the other prominent companies in the Japanese honey market, owning flagship brands Renge Jirushi, Sakura-jirushi, and Kanohachi, respectively.
Market Fragmentation: Narimpex Ltd accounted for more than a tenth of the Japanese honey market (by value) in 2020
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