Global Apiculture Market By Type (Honey, Beekeeping, Beeswax, Live Bees, etc.), By Uses (Food & Beverage, Medicinal, Cosmetic, etc.), By Method (Traditional Beekeeping and Modern Beekeeping), By Region (North America, Latin -Americas, Europe, Asia Pacific, Middle East and Africa) - Industry Trends and Forecasts to 2030.
Global Apiculture Market
Global Apiculture Market is expected to reach USD 9.21 billion by 2022, which will reach USD 16.04 billion in 2030, registering a CAGR of 7.18% during the forecast period 2023-2030.
Beekeeping is Latin and means honey collector. It is important in agriculture, providing more than 30 percent of the world's food, pollinating about 100 species of flowering plants. Beekeeping is the maintenance and feeding of colonies of bees to collect various products such as honey, bee pollen, propolis, pollen, bee pollen and royal jelly.
Market Drivers
Various applications of beekeeping in agriculture. In agriculture, beekeeping is used for many purposes. It can be used as an insecticide, fungicide and pollinator attractant. It can also be used to make candles, lip balms and other things. Beekeeping is a natural product produced by bees. It is made of honeycomb and is used to protect the tile from the elements. The demand for organic products is growing. Consumers often associate good health with all things natural, while chemicals are believed to cause side effects. As a result of these insights, there is a demand for natural cosmetic additives and ingredients. In addition, consumer trends are expected to pave the way for the spread of environmentally conscious and naturally derived cosmetic enhancements, creating new opportunities in the near future.
Market Restraints
The beekeeping market is hampered by the increased adulteration of honey and the decrease in the number of hives and beekeepers. Another market constraint is the rising cost of honey and lack of advanced beekeeping. This beekeeping market report includes information on new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyzes opportunities for new revenue pockets and market changes. regulations, strategic market growth analysis, market size, category market growth, application niches and governance, product approvals, product launches, geographic expansions, technological innovations in the market.
Market Opportunities
The increasing support of governments in different parts of the world and the growing interest of consumers in beekeeping products provide an opportunity. Investing in research and product development and introducing new products can help increase market share. As the coronavirus increases the demand for immunity products and honey protects against fever, the beekeeping market is expanding. The beekeeping market has potential in the pharmaceutical industry because it can be used for medicinal purposes to protect against diseases such as cancer and stress.
Impact of COVID-19
COVID-19 has caused supply chain disruptions and processing facilities have been closed due to shutdowns. In addition, labour shortages, transport restrictions and the closure of international borders hindered the growth of the industry. The demand for beekeeping products, especially honey, increased sharply. People are looking for healthier alternatives to sugar and believe that honey increases immunity in beekeeping, which increases honey sales. Beekeepers have an opportunity to take advantage of this demand. suppliers must ensure a consistent product offering. As a result, the beekeeping market is expected to be significantly impacted by COVID-19.
Market Segmentation
Global Apiculture Market is By Type, By Uses, By Method.
Based on the By Type market is segmented into Honey, Beekeeping, Beeswax, Live Bees, etc. Further market is segmented into By Uses market is segmented into Food & Beverage, Medicinal, Cosmetic, etc. By Method market is segmented into Traditional Beekeeping and Modern Beekeeping.
Regional Analysis
Global Apiculture Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia and Africa are the leading producers and consumers of beeswax. India, Ethiopia, Argentina and Turkey are the leading producers of beekeeping. Pharmaceutical applications of beekeeping are the main reason for high production in India and Africa due to increased lifestyle-related skin diseases, appearance of skin and hair ageing symptoms and increase in disposable income. among consumers in the region. In the coming years, the demand for beekeeping is expected due to the increase of diseases in the Asian area, and beekeeping is necessary to treat some diseases.
Key Players.
Various key players are listed in this report such as Heavenly Organics, Nature Nate's, YS organics Manuka Health, Barkman Honey, Wedderspoon Organic, Rowse Honey, Madhava Ltd., GloryBee, Wholesome Sweeteners Inc, Lamex Food Group Limited.
Market Taxonomy
By Type
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook