Project Report For
The project report for Honey is as follows.
The demand for honey in India was valued at INR 17.3 billion in 2019. Beekeeping has become one of India ‘s ancient occupations. This brings it among the world’s leading honey markets that has generated tough rivalry in terms of creativity and quality. In turn, requirement for honey in India is raising due to increasing customer desire for natural and safe solutions to added sugars, growing recognition of the value of honey and rise in popularity of different honey variants.
In contrast, due to its proven anti-bacterial , anti-microbial and anti – inflammatory effects, honey is expected to gain popularity in food and non-food implementations throughout the world. Looking to the future, the IMARC group predicts the market to show positive growth in the period 2020-2025.
Market potential & Strategy
Honey is a powerful source of antioxidants and flavonoids that can minimize oxidative stress and inflammation on humans while defending against heart disease and cancer. In addition, honey also has antibacterial and antiseptic properties that promote wound healing and burning by offering a humid atmosphere and growing nutrient supply to the surrounding area. Due to such reasons, the market for honey has gained popularity for natural remedies. Honey is accessible in multiple flavors depending mostly on flowers being used by bees to make it.
The Government has sponsored the development of honey in India by providing funding for the growth of businesses through marketing , R&D, innovation and exports. These programmed assist producers by offering consulting and mentor-ships services, organizing workshops and seminars, general and industry-specific training and delivering subsidized goods, like business development tools.
Scientific evidence of the medicinal use of honey and its rising importance as a valuable component in nutraceuticals often serve as a powerful market driver.
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