Asia-Pacific Bee Products Market, By Product Type (Honey, Beeswax, Beevenom, Royal Jelly, Propolis and Others), Nature (Conventional and Organic), Distribution Channel (Direct and Indirect), Industry Trends and Forecast to 2029.
Market Analysis and Insights
Asia-Pacific bee products market is driven by the factors such as, increasing consumer awareness regarding the health benefits of bee products, growing demand for nutritious food products, increasing preference for the usage of beeswax as well as the rising burden of lifestyle diseases which is expected to enhance the demand for bee products market. Currently, bee product consumption offers a large number of health benefits among all age groups of people that has increased consumption of bee products. The easy availability of bee products and supplements has enhanced the demand for bee products market.
Bee products are used for nutritional as well as medicinal purposes. These technologies are highly used to assess authentication, adulteration detection, quality, safety, and traceability of bee products. The increased advancements in technologies have started the fabrication of products into a smoother, tastier, and better version of food luring people across the world towards them. Various advanced food processing techniques are used for bee products. The increasingly processing techniques for bee products provide more healthy active ingredients largely and effectively. Thus, increasing processing technologies to increase the production of bee products is expected to create lucrative opportunities in the Asia-Pacific bee products market growth. However, the high cost associated bee products and protection of bees and maintenance of their health are expected to hamper the growth for bee products market.
Asia-Pacific bee products market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an analyst brief, our team will help you create a revenue impact solution to achieve your desired goal. The scalability and business expansion of the retail units in the developing countries of various region and partnership with suppliers for safe distribution of machine and drugs products are the major drivers which propelled the demand of the market in the forecast period.
Asia-Pacific bee products market is supportive and aims to have significant nutritional properties and functional values which positively contributes toward excellent health maintenance, well-being, and reduced chronic illness. Data Bridge Market Research analyses that Asia-Pacific bee products market will grow at a CAGR of 6.6% during the forecast period of 2022 to 2029.
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in USD Million, Pricing in USD
By Product Type (Honey, Beeswax, Beevenom, Royal Jelly, Propolis and Others), Nature (Conventional and Organic), Distribution Channel (Direct and Indirect)
Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific
Market Players Covered
Comvita Limited and its subsidiaries., Dabur India Ltd., Local Honey Man, Wax Green, BeeMaid Honey limited, Natural Life Australia, Barkman Honey, LLC, Beeyond the Hive, Apis Flora, Bee Health Limited, MN Própolis, Beekeeper's Naturals, Inc., King's Gel, Chung Jin Biotech Co., Ltd. Beeyond the Hive, BeeVital Propolis, SDM Nutraceuticals Inc., Uniflora.us, Royal Bees, Y.S. Eco Bee Farm,SUNYATA PON LEE, Apiario Polenectar, LEHNING GROUP, among others
Asia-Pacific Bee Products Market Dynamics
Bee products (including honey, bee bread, bee collected pollen royal jelly, propolis, beeswax, and bee venom) over the past decade. The various bee products including honey is the most emerging and promising source which provides potential health benefits that can be utilized effectively by the pharmaceutical industry. These bee products are an excellent source of numerous nutritional ingredients including vitamins, minerals, calcium, and antioxidants.
Another bee products called propolis is a natural resinous mixture that is produced by honeybees from substances collected from parts of plants, buds, and exudates used in various diseases. Due to its antimicrobial, antiviral, and antioxidant properties, it is widely used in wound healing, treatment of burns, acne, herpes simplex and genitals, and neurodermatitis. Beeswax has a number of applications in the cosmetics and pharmaceutical industries. It used as a release agent, texturizer for chewing gum base, stabilizer, and carrier for food additives, and as a clouding agent.
Growing demand for bee products from various industries is expected to drive the bee products market. The increasing consumption of in bee products the food and beverages industry as flavouring and sweetening agent providing market growth for the global bee products market. However, the availability of limited labour-power further impacted the production of end products are expected to hamper the market growth.
- Increasing consumer awareness regarding the health benefits of bee products
Bee products such as honey, propolis, bee pollen, royal jelly, bee bread, beeswax, and bee venom, are for nutritional and medicinal purposes. It is used in the domain of cancer and various infectious disease management. Honey is one of the most versatile bee products that possess a wide range of properties and applications. It is an essential part of food and medicine that can help the body and the brain in several ways. The consumption of honey-based products has been associated with a large number of health benefits.
Honey is high in antioxidants such as phenolic acids and flavonoids which support better health. Due to this, it improves cholesterol levels that could help in decreasing the risk for heart disease by reducing the chance of abnormal heart rhythm and stroke. As a result, it lessens the chances of sudden cardiac death with heart disease and others. The other constituents of honey are vitamins and minerals, including B vitamins, amino acids, antibiotic-rich inhibin, proteins, and micronutrients.
Consumers are getting more aware regarding the consumption of bee products for increasing the health benefits which enhances the demand for honey ingredients in the forecast year. Honey based products have grown in popularity among consumers due to their ability to provide various types of health benefits. Growing health-related issues has increased the demand for honey-based products which results to enhance the market growth, for this reason, consumer awareness regarding the health benefits of bee products are expected to drive the growth of the Asia-Pacific bee products market.
- The rising burden of lifestyle disorder leads to demand for bee products
Bee products such as honey have nutrient enrichment in food which brings a positive effect on the immune system and provides health-related benefits. In the today's time, there is a growing burden of diseases due to changes in lifestyle. The consumption of honey-based products benefits the various types of lifestyle diseases such as asthma, cancer, inflammatory bowel diseases such as crohn's disease, and ulcerative colitis among others. Another bee product called propolis is a natural resinous mixture that is produced by honeybees from substances collected from parts of plants, buds, and exudates used in various diseases. Due to its antimicrobial, antiviral, and antioxidant properties, it is widely used in wound healing, treatment of burns, acne, herpes simplex, genitals, and neurodermatitis.
The burden of chronic diseases is rapidly increasing across the world. The consumption of honey products reduces the risk of heart-healthy decreases also it is consumed to reduce the risk of coronary heart disease and heart attack. Nutrition and diet are the most important factors for maintaining good health throughout the entire life course, for this reason, the rising burden of lifestyle diseases leads to the demand for bee products is expected to drive the growth of the Asia-Pacific bee products market.
- Increasing processing technologies for bee products
Bee products are used for nutritional as well as medicinal purposes. These technologies are highly used to assess authentication, adulteration detection, quality, safety, and traceability of bee products. The increased advancements in technologies have started the fabrication of products into a smoother, tastier, and better version of food luring people across the world towards them. Various advanced food processing techniques are used for bee products. Some of which are ultra-sonication, microwave, and infrared (IR) irradiation that are gained popularity as alternatives or combined with conventional processing techniques for diverse applications in apiculture products at a laboratory or industrial scale.
The processing techniques which are currently used for each bee product have comprehensively included drying traditional drying, infrared drying, microwave-assisted traditional drying or vacuum drying, and low temperature high velocity-assisted fluidized bed drying, storage, extraction, isolation, and identification. The increasingly processing techniques for bee products provide more healthy active ingredients largely and effectively. Advancements in technologies have enhanced the improved product quality with a shorter processing time and reduced operational costs are achieved using conventional or emerging processing techniques. Thus, increasing processing technologies to increase the production of bee products is expected to create lucrative opportunities in the Asia-Pacific bee products market growth.
- High cost of bee products
Bee products such as honey, beeswax, royal jellies, and others are used in a wide range of therapeutic areas. These products are very useful in every field of life as it contains essential nutrients that are being used to maintain good health and preventing as well as manage heart disease.
However, shortage in bees and honeycomb in the market, due to several reasons, is directly related to a shortage in supply and has led to increased prices of bee product including propolis. This might impede the growth of the market during the forecasted period. Moreover, honey (a versatile bee product) is used as an essential part of the diet and supplements but the high cost of its end product is hampering the demand of the market.
These are the several reasons which affect the rising costs of products such as affordability issues among the end-users. The high usage of this product has indicated a high demand from end-product manufacturers and the growth in demand remains strong following the Asia-Pacific health and beauty trend and a heightened focus on cosmetics. Thus, the high cost of bee product is expected to restraint the growth of the Asia-Pacific bee products market over the forecasted period.
- In July 2021, Dabur India Ltd announced that the launch of ‘Dabur Honey Tasties’ product in two flavours such as strawberry and chocolate that results in its entry into the syrups and spreads segment.This help in expanding the product portfolio of the company in the market.
- In April 2019, Comvita announced that it has entered into a conditional agreement to acquire the remaining 49% of its Chinese joint venture Comvita china Ltd. & Comvita Food Ltd. This results in strengthening direct business in china and obtaining higher profitability in the market.
Asia-Pacific Bee Products Market Segmentation
Asia-Pacific bee products market is categorized into three notable segments which are based on bee product type, nature and distribution channel. The growth among segments helps you analyses niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Royal Jelly
On the basis of product type, the bee products market is segmented into honey, beeswax, beevenom, royal jelly, propolis and others.
On the basis of nature, the bee products market is segmented into conventional and organic.
On the basis of distribution channel, the bee products market is segmented into direct and indirect.
Bee Products Market Regional Analysis/Insights
The bee products market is analysed and market size insights and trends are provided by product type, nature and distribution channel as referenced above.
The countries covered in the bee products report are Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines and Rest of Asia-Pacific.
China is expected to dominate due to increasing technological advancement in the developing areas.
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 such as 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 Asia-Pacific 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 Bee Products Market Share Analysis
Asia-Pacific bee products market competitive landscape provides details by the competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus on bee products market.
The major companies which are dealing in the bee products market are Comvita Limited and its subsidiaries., Dabur India Ltd., Local Honey Man, Wax Green, BeeMaid Honey limited, Natural Life Australia, Barkman Honey, LLC, Beeyond the Hive, Apis Flora, Bee Health Limited, MN Própolis, Beekeeper's Naturals, Inc., King's Gel, Chung Jin Biotech Co., Ltd. Beeyond the Hive, BeeVital Propolis, SDM Nutraceuticals Inc., Uniflora.us, Royal Bees, Y.S. Eco Bee Farm,SUNYATA PON LEE, Apiario Polenectar, LEHNING GROUP, among others.
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Asia-Pacific vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
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