Global Market Database

 In the U.S., honey consumption has grown significantly, primarily due to its use as a sweetener in packaged food products such as snacks and beverages. The global honey market is assumed to reach $14bn by 2025. As American regulators crackdown on countries that dump cheap honey into the States, honey prices may climb even higher. According to the market database , the United States International Trade Commission ruled that honey imports from Argentina, Brazil, India, Ukraine, and Vietnam are hurting American beekeepers. In the fall, the Department of Commerce is to impose duties on honey imports from the five countries that are the subject of the investigation. Canadian honey exports to the U.S should increase as a result of this ruling. According to a law firm representing the association, the duties are necessary because cheap honey has depressed domestic prices and made it difficult for beekeepers to earn a living. According to a new study, American honey contains traces ...