Europe Manuka Honey Market, By Grade (2019 to 2028)

Year MGO 83 MGO 100 MGO 250 MGO 263 MGO 400 MGO 514 MGO 550 OTHERS 
2019 $ 14218.5 $ 10720.4 $ 10888.2 $ 15379.3 $ 14756.1 $ 9094.0 $ 7916.7 $ 14653.5
2020 $ 15507.0 $ 11730.0 $ 11858.1 $ 16800.2 $ 16106.4 $ 9888.0 $ 8617.2 $ 15994.0
2021 $ 16916.8 $ 12839.6 $ 12919.4 $ 18358.9 $ 17588.5 $ 10755.4 $ 9383.9 $ 17462.0
2022 $ 18461.2 $ 14059.3 $ 14082.1 $ 20069.6 $ 19218.3 $ 11703.7 $ 10221.9 $ 19077.9
2023 $ 20156.4 $ 15403.6 $ 15358.2 $ 21950.7 $ 21013.6 $ 12742.9 $ 11138.8 $ 20854.7
2024 $ 22039.9 $ 16897.4 $ 16769.8 $ 24038.5 $ 22996.9 $ 13891.5 $ 12150.8 $ 22822.6
2025 $ 24125.5 $ 18551.4 $ 18325.1 $ 26351.5 $ 25178.8 $ 15155.0 $ 13268.4 $ 24993.8
2026 $ 26414.9 $ 20372.0 $ 20028.6 $ 28897.5 $ 27574.5 $ 16535.7 $ 14498.4 $ 27376.5
2027 $ 28945.8 $ 22395.9 $ 21916.6 $ 31718.2 $ 30241.8 $ 18064.2 $ 15855.2 $ 30021.7
2028 $ 31731.9 $ 24631.4 $ 23993.6 $ 34830.5 $ 33181.4 $ 19742.5 $ 17350.4 $ 32936.4
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Europe Manuka Honey Market, By Grade (2019 to 2028)

Synopsis
The above chart is Europe Manuka Honey Market, By Grade (2019 to 2028)

Market Dynamics

europe has seen a significant demand for manuka honey in recent years, with the versatile ingredient finding its way into kitchens, skincare routines, and medicine cabinets across the continent. as a result, the europe manuka honey market has experienced steady growth, and this demand is not expected to slow down anytime soon. one of the primary factors driving the demand for manuka honey in europe is its medicinal properties. manuka honey has been used for centuries as a natural remedy for a variety of ailments due to its antibacterial, anti-inflammatory, and antioxidant properties. with the rising interest in natural and alternative medicines, many europeans are turning to manuka honey as a healthier and more sustainable option. furthermore, the demand for manuka honey has been fueled by its use in the skincare industry. manuka honey's anti-inflammatory and moisturizing properties make it a popular ingredient in a variety of skincare products. with consumers becoming increasingly aware of the harmful chemicals and preservatives found in many skincare products, the demand for natural and organic alternatives like manuka honey has skyrocketed. the demand for manuka honey varies based on its grade, as different grades of manuka honey have varying levels of antibacterial activity. as a result, the europe manuka honey market is segmented into three grades - umf (unique manuka factor), mgo (methylglyoxal), and kfactor. the umf grade is the highest-rated and most sought-after grade of manuka honey. it is independently tested and verified for its unique antibacterial activity, making it the most premium grade of manuka honey in the market. the demand for umf manuka honey is particularly high in europe, where consumers are willing to pay a premium for its higher quality and purity. the mgo grade of manuka honey is based on the honey's methylglyoxal content, which is the compound responsible for its antibacterial properties. this grade is more widely available and relatively more affordable than umf manuka honey, making it a popular choice among consumers. lastly, the kfactor grade of manuka honey is based on the honey's pollen count and is considered to be a less accurate measure of the honey's potency. however, it is still in demand in europe, especially among consumers who are looking for a more cost-effective option. in conclusion, the demand for manuka honey in europe is primarily driven by its medicinal and skincare properties. with different grades available in the market, consumers have the option to choose the type of manuka honey that best suits their needs and budget, making it a highly sought-after ingredient in the region.

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