Leading Honey Powder Country Markets Databank
The Honey Powder market was valued at $1,300.0 Million in 2020, and is projected to reach $2,808.8 Million by 2029 growing at a CAGR of 8.98% from 2021 to 2029. Europe is expected to be the highest contributor to this market, with $464.1 Million in 2020, and is anticipated to reach $921.7 Million by 2029, registering a CAGR of 7.96%. North America is anticipated to reach $940.2 Million by 2029 with the highest CAGR of 10.19%. Europe and North America collectively expected to account for about 66.0% share of the Honey Powder market in 2020, with the former constituting around 35.7% share. North America and Asia-Pacific are expected to witness significant growth rates at a CAGR of 10.19% and 9.59% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 50.7% in the overall Honey Powder market in 2020, and is anticipated to reach 54.9% by 2029.
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