Over the past decade, the demand for honey in the US has exhibited modest growth, with key fluctuations observed between the years. By 2023, the consumption stood at 214.0 thousand metric tons. Year-on-year growth has varied, reaching a peak in 2021 with a 2.48% increase. However, there were occasional declines, such as a -1.96% reduction in 2022. The compound annual growth rate (CAGR) over the last five years averaged 0.19%, reflecting a slow yet consistent upward trend.
Future trends to watch for include:
- Health and wellness trends driving increased natural sweetener consumption.
- Potential supply chain disruptions affecting availability and price.
- Sustainability and environmental impact influencing consumer choices.
