DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "U.S. Honey Powder Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2014 to 2023" report to their offering.
U.S. Honey Powder Market is expected to reach US$ 265.7 Mn by 2023, expanding at a CAGR of 3.9% during the forecast period 2016 to 2023.
U.S. honey powder market is expected to witness significant growth with rising inclination among consumers towards low-calorie food products owing to increasing number of diseases such as obesity, heart ailments, diabetes and others. Honey being low-calorie ingredients is natural and organic in its raw form.
Honey powder is gaining significant adoption among American consumers, owing to advantages such as low cost natural sweetener, after taste in bakery products, presence of minerals and vitamins as compared to white sugar. Further, increasing investment in research and development of honey powder products increasing the array of application in food & beverage industry to replace sugar.
Besides this, usage of honey powder to develop formulations for various personal care applications include soap, facial masks, and lotions, are the key focus area for many honey powder manufacturers. This is attributed to substantial demand for natural-based personal care products by consumers. Thus, increasing application of the honey powder products in various industries is anticipated to drive the demand for honey powder over the forecast period. However, alteration in texture and flavor, hygroscopic property of honey results in stability issues in certain products which in turn is anticipated to hamper the demand for honey powder during the forecast period (2016-2023).
Key Topics Covered:
2. Executive Summary
3. U.S. Honey Powder Market Dynamics
4. U.S. Honey Powder Market Size (US$ Mn), By Usage, 2013-2023
5. U.S. Honey Powder Market Size (US$ Mn), By Sales Channel, 2013-2023
6. Company Profiles
- Imperial Sugar Company
- Lamex Food Group Limited
- Archer Daniels Midland Company
- Domino Specialty Ingredients
- AmTech Ingredients
- Augason Farms
For more information about this report visit http://www.researchandmarkets.com/research/rr6gsz/u_s_honey_powder