For 3 honey and some filler, you can make Taffy, an item which gives -3 health, 25 hunger, 15 sanity, takes 40 seconds to cook and spoils in 15 days. For 2 honey, 1 pumpkin and some filler, you can make Pumpkin Cookies, which gives 0 health 37.5 hunger, 15 sanity, takes 40 seconds to cook and spoils in 10 days.
While this is fine for something like Warly variety, for anyone else it's way more worth it to eat a raw or cooked pumpkin and some taffy, since you'll be getting more value out of that in terms of stats.
Personally I'd recommend something as basic as just amplifying the amount of sanity/hunger you get from pumpkin cookies, or even decreasing the cook time down to 10 seconds, as a faster cook time was more than enough to set Barnacle Nigiri apart from Pierogies!