
Region:Asia
Author(s):Naman Rohilla
Product Code:KROD5514
December 2024
81



The Asia Pacific Manuka Honey Market is dominated by a few key players, primarily located in New Zealand and Australia. These companies have established strong supply chains, partnerships, and brand loyalty. The competitive landscape is consolidated, with the top players focusing on sustainable practices, product innovations, and expanding into new geographic markets.
|
Company Name |
Establishment Year |
Headquarters |
UMF Certification Level |
No. of Employees |
Revenue (USD Mn) |
Product Range |
Geographic Reach |
Market Share |
|
Comvita Limited |
1974 |
Te Puke, New Zealand |
- |
- |
- |
- |
- |
- |
|
Manuka Health |
2006 |
Auckland, New Zealand |
- |
- |
- |
- |
- |
- |
|
Watson & Son |
2002 |
Masterton, New Zealand |
- |
- |
- |
- |
- |
- |
|
Capilano Honey |
1953 |
Brisbane, Australia |
- |
- |
- |
- |
- |
- |
|
WildCape Manuka Honey |
2010 |
Gisborne, New Zealand |
- |
- |
- |
- |
- |
- |
Over the next five years, the Asia Pacific Manuka Honey Market is expected to show growth, driven by increasing awareness of Manuka honey's health benefits and its incorporation into a wider array of consumer products. The demand for premium products with high UMF ratings is projected to rise, especially in regions such as Southeast Asia and China, where consumers are willing to pay a premium for authentic Manuka honey. Additionally, the growing trend towards organic and sustainably sourced honey will further propel the market.
|
By Product Type |
UMF 5+ UMF 10+ UMF 15+ UMF 20+ |
|
By Distribution Channel |
Supermarkets & Hypermarkets Online Stores Specialty Stores Direct Sales |
|
By Application |
Food & Beverages Cosmetics & Personal Care Pharmaceuticals Nutraceuticals |
|
By Grade |
UMF MGO Non-UMF |
|
By Region |
Australia New Zealand China Japan South Korea |
1.1 Definition and Scope
1.2 Market Taxonomy
1.3 Market Growth Rate
1.4 Market Segmentation Overview
2.1 Historical Market Size
2.2 Year-On-Year Growth Analysis
2.3 Key Market Developments and Milestones
3.1 Growth Drivers
3.1.1 Rising Demand for Natural Health Products
3.1.2 Increased Awareness of Medicinal Properties
3.1.3 Growing Popularity in Cosmetics and Personal Care
3.1.4 Expansion of E-Commerce Distribution Channels
3.2 Market Challenges
3.2.1 High Production Costs
3.2.2 Regulatory Restrictions on Labeling and Grading
3.2.3 Supply Chain Constraints in Honey Sourcing
3.3 Opportunities
3.3.1 Expansion into New Geographies
3.3.2 Introduction of Premium Products
3.3.3 Leveraging Sustainable Practices
3.4 Trends
3.4.1 Rise in Organic and Traceable Manuka Honey
3.4.2 Integration of Manuka Honey in Functional Foods
3.4.3 Growth in Direct-to-Consumer Sales Models
3.5 Government Regulations
3.5.1 National Standards on Manuka Honey UMF and MGO Levels
3.5.2 Certification Requirements for Export
3.5.3 Compliance with Food Safety Regulations
3.6 SWOT Analysis
3.7 Stake Ecosystem
3.8 Porters Five Forces Analysis
3.9 Competition Ecosystem
4.1 By Product Type (In Value %)
4.1.1 UMF 5+
4.1.2 UMF 10+
4.1.3 UMF 15+
4.1.4 UMF 20+
4.2 By Distribution Channel (In Value %)
4.2.1 Supermarkets & Hypermarkets
4.2.2 Online Stores
4.2.3 Specialty Stores
4.2.4 Direct Sales
4.3 By Application (In Value %)
4.3.1 Food & Beverages
4.3.2 Cosmetics & Personal Care
4.3.3 Pharmaceuticals
4.3.4 Nutraceuticals
4.4 By Grade (In Value %)
4.4.1 UMF
4.4.2 MGO
4.4.3 Non-UMF
4.5 By Region (In Value %)
4.5.1 Australia
4.5.2 New Zealand
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
5.1 Detailed Profiles of Major Companies
5.1.1 Comvita Limited
5.1.2 Manuka Health
5.1.3 Watson & Son
5.1.4 Capilano Honey
5.1.5 New Zealand Honey Co.
5.1.6 Natures Way
5.1.7 Egmont Honey
5.1.8 WildCape Manuka Honey
5.1.9 Wedderspoon Organic
5.1.10 Steens Honey
5.1.11 Taku Honey
5.1.12 Happy Valley Honey
5.1.13 Three Peaks Manuka Honey
5.1.14 Melita Honey
5.1.15 Airborne Honey
5.2 Cross Comparison Parameters (Headquarters, No. of Employees, Revenue, Market Share, UMF Certification Level, Geographic Reach, Product Range, Distribution Channels)
5.3 Market Share Analysis
5.4 Strategic Initiatives
5.5 Mergers and Acquisitions
5.6 Investment Analysis
5.7 Venture Capital Funding
5.8 Government Grants
5.9 Private Equity Investments
6.1 UMF and MGO Certification Standards
6.2 Export Compliance
6.3 Food Safety and Labelling Requirements
7.1 Future Market Size Projections
7.2 Key Factors Driving Future Market Growth
8.1 By Product Type (In Value %)
8.2 By Distribution Channel (In Value %)
8.3 By Application (In Value %)
8.4 By Grade (In Value %)
8.5 By Region (In Value %)
9.1 TAM/SAM/SOM Analysis
9.2 Customer Cohort Analysis
9.3 Marketing Initiatives
9.4 White Space Opportunity Analysis
The initial phase involves constructing an ecosystem map encompassing all major stakeholders within the Asia Pacific Manuka Honey Market. This step is supported by extensive desk research using both secondary and proprietary databases to gather industry-level information. The goal is to define and identify the critical variables that influence market dynamics, such as UMF certification and distribution channels.
In this phase, we compile and analyze historical data related to market size, product segmentation, and revenue generation. Additionally, we evaluate service quality statistics to ensure the accuracy of revenue estimates. This involves gathering data from both primary and secondary sources, such as company reports and market databases.
Market hypotheses are validated through expert consultations, including interviews with stakeholders such as Manuka honey producers, distributors, and retailers. These insights provide critical operational and financial data that help refine market projections.
The final phase synthesizes all gathered data and insights into a comprehensive market analysis. Direct engagement with honey producers further verifies the accuracy of the market segmentation and forecast. The output includes both quantitative and qualitative insights, ensuring a robust market analysis.
The Asia Pacific Manuka Honey Market is valued at USD 344 million. It is driven by the increasing demand for natural products with medicinal properties, especially in countries like New Zealand and Australia.
Key challenges in the Asia Pacific Manuka Honey Market include high production costs, strict regulatory frameworks around honey certification (UMF and MGO), and the risk of counterfeit Manuka honey products entering the market.
Leading players in the Asia Pacific Manuka Honey Market include Comvita Limited, Manuka Health, Watson & Son, Capilano Honey, and WildCape Manuka Honey, dominating due to their strong product portfolios and global distribution networks.
Growth drivers in the Asia Pacific Manuka Honey Marketinclude increasing consumer awareness of the health benefits of Manuka honey, its growing use in skincare products, and the rise of e-commerce channels, particularly in Southeast Asia and China.
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.