Global Apiculture Market – Industry Trends and Forecast to 2029

Apiculture Market Analysis and Size

Honey consumption has increased dramatically over the last few decades. Honey consumption per capita remains high all over the world. The high per capita consumption of honey is primarily due to increased awareness of the benefits of honey in diets and the fact that dietary habits and the use of honey are intertwined. Honey is primarily used in medicines, with only a minor amount consumed directly as food. The other important product obtained from bee colonies is apiculture, which is primarily used in the production of cosmetics, soaps, pharmaceuticals, and so on.

Data Bridge Market Research analyses that the apiculture market which was growing at a value of 9.20 billion in 2021 and is expected to reach the value of USD 16.05 billion by 2029, at a CAGR of 7.2% during the forecast period of 2022-2029.

 Market Definition

Apiculture is Latin for 'honey gatherer. It is important in agriculture and is responsible for more than 30% of the world's food supply by pollinating approximately 100 flowering plant species. Apiculture is the care and feeding of bee colonies in order to collect various products such as honey, apiculture, propolis, flower pollen, bee pollen, and royal jelly.

Apiculture Market Scope and Segmentation

Apiculture Market Dynamics

Drivers

• Various application of apiculture in agriculture industry

In agriculture, apiculture is used for a variety of purposes. It could be used as an insecticide, fungicide, and pollinator attractant. It can also be used to make candles, lip balm, and other items. Apiculture is a natural product produced by bees. It is made of honeycomb and is used to keep the honeycomb safe from the elements.

• Increase in the demand for organic products

Consumers often associate good health with all things natural, whereas chemicals are thought to be the source of side effects. As a result of these perceptions, there is a demand for natural cosmetic additives and ingredients. Furthermore, consumer trends are expected to pave the way for the expansion of environmentally conscious and naturally derived cosmetic enhancements, which will create new opportunities in the near future.

Opportunity

Growing government support around the world, as well as rising consumer interest in apiculture market products, are driving the opportunity. Investing in research and development and introducing new products to the market can help to increase market share. Since coronavirus disease is increasing demand for immunity-boosting products, and honey protects against fever, the apiculture market will expand. The apiculture market has potential in pharmaceutical industries because it can be used for medical purposes to protect against diseases such as cancer and stress.

Restraints                                                          

The apiculture market is being restrained due to increased honey adulteration and a decrease in the number of beehives and beekeepers. Another market restraint is rising honey prices and a lack of improved apiculture equipment.

This apiculture market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the apiculture market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Apiculture Market

COVID-19 has caused supply chain disruption, with processing plants closing due to lockdown. Furthermore, labour shortages, transportation restrictions, and the closure of international borders have hampered the industry's growth. There has been a sudden increase in the demand for apiculture products, particularly honey. People are looking for healthier alternatives to sugar and believe that honey boosts immunity in the apiculture sector, which is boosting honey sales. Manufacturers in the apiculture industry have an opportunity to capitalise on this demand; suppliers must ensure consistent product supply. As a result, COVID-19 is expected to have a substantial impact on the apiculture market.

Recent Development

• Hilltop launched an original apiculture lipbalm in 2021, which not only contains natural emulsifiers that hydrate and replenish, but also protects against UV rays. It is establishing a market for natural products that have recently gained popularity among consumers.
• Bacofoil will introduce new beeswax wraps made from organic honey in 2021. It is providing consumers with the opportunity to choose a more sustainable food wrap option from a brand that is synonymous with high quality product performance.

Global Apiculture Market Scope

The apiculture market is segmented on the basis of type, application and method. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Honey
• Apiculture
• Propolis
• Live Bees
• Others

Method

• Traditional Beekeeping
• Modern Beekeeping

Application

• Food & Beverages
• Medical
• Cosmetics
• Others

Apiculture Market Regional Analysis/Insights

The apiculture market is analysed and market size insights and trends are provided by country, type, application and method as referenced above.

The countries covered in the apiculture market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia and Africa are the primary producers and consumers of beeswax. India, Ethiopia, Argentina, and Turkey are among the top apiculture producers. Apiculture's pharmaceutical applications are the main reasons for its high production in India and Africa, which is attributed to the increasing prevalence of lifestyle-related diseases that cause skin-related disorders, the onset of ageing symptoms on the skin and hair, and rising disposable income among consumers in the region. Apiculture demand is expected to increase in the coming years due to an increase in diseases in the Asia region, and apiculture is required to cure some of these diseases.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Apiculture Market Share Analysis

The apiculture market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to apiculture market.

Some of the major players operating in the apiculture market are:

• Heavenly Organics (U.S.)
• Nature Nate's (U.S.)
• YS organics (U.S.)
• Manuka Health (U.S)
• Barkman Honey, LLC (U.S.)
• Wedderspoon Organic (U.S.)
• Rowse Honey (U.K)
• Madhava Ltd. (U.S.)
• GloryBee (U.S.)
• Wholesome Sweeteners Inc (U.S.)
• Lamex Food Group Limited (U.K)
• UTMT (India)
• Amish Honey (India)
• Little Bee Impex (India)
• Organic Valley (U.S.)
• Waitrose & Partners (U.K)
• United Natural Foods, Inc. (U.S.)
• Conagra Brands, Inc. (U.S.)
• Clif Bar & Company (U.S.)
• The Kraft Heinz Company (U.S.)

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