In 2023, the honey market size volume per capita in the United Arab Emirates stood at 0.83 kilograms. The forecasted data indicates a positive trend from 2024 to 2028, with a consistent year-on-year percentage increase. From 2024 at 0.87 kilograms, it is projected to grow to 1.03 kilograms by 2028. This represents a compound annual growth rate (CAGR) over the five-year period.
Year-on-year variation in percentage shows relatively steady growth:
- 2024: 0.87 kg (4.8% increase from 2023)
- 2025: 0.91 kg (4.6% increase from 2024)
- 2026: 0.95 kg (4.4% increase from 2025)
- 2027: 0.99 kg (4.2% increase from 2026)
- 2028: 1.03 kg (4.0% increase from 2027)
The market exhibits a steady increase with an annual average growth rate of about 4.4%, indicating a robust rising demand for honey. Future trends to watch for include shifts in consumer preferences towards natural sweeteners, increased awareness of honey's health benefits, and potential impacts of international trade dynamics on honey prices and availability. Monitoring these factors will provide insights for anticipating market adjustments and opportunities.
