Category

Apiculture Market - Forecasts From 2018 To 2023

114 pages
Published on : May 2019
Report Code : KSI061611194

Description

The global apiculture market is expected to grow at a CAGR of 3.12% to reach a market size of US$10.074 billion by 2023, increasing from US$8.378 billion in 2017. Apiculture is the practice of managing honeybee colonies to attain desired products such as honey, pollen, beeswax etc. The global demand for bee-products, especially honey and propolis, is expanding due to increasing incentives for their consumption. Honey is finding its way in the natural food industry due to its varied qualities and flavor, diversity of use and form and aesthetics. The growth is attributed to the growing awareness and increasing promotion of its benefits to health and wellbeing. Industries such as personal care, pharmaceutical, food and beverages, and chemicals are increasingly investing in beekeeping owing to the increasing demand for bee-products. Brazil is an important player in apiculture and produces high yields of quality product including raw honey and GM-pollen free honey, due to its land mass, diverse floral source and ability to produce honey all year around. In countries like the US, bee-keeping is highly affected by weather conditions whereas, South Africa has a huge market for bee-keeping activities. The South African Bee Industry Organization (SABIO) supports the Beekeeping Industry in South Africa. This is done in order to maintain an economically viable agriculture sector and also to ensure security to honey bees from seasonal disturbances.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the apiculture value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market. 

The major key players in bee-keeping involve The Best Bees Company, Alveole, Kelley Beekeeping, Glenn Apiaries, and Dadant & Sons, Inc. among others.

Segmentation:

The global apiculture market is segmented as type, products, industry and geography as below:

By Type

Traditional Beekeeping

Modern Beekeeping


By Products

Honey

Beeswax

Propolis/bees glue

Pollen


By Industry

Pharmaceutical

Agriculture

Cosmetics

Food & Beverage

Others


By Geography

North America

US

Canada

Mexico

Others


South America

Brazil

Argentina

Others


Europe

UK

Germany

France

Italy

Spain

Others


Middle East and Africa

Saudi Arabia

UAE

Israel

Others


Asia-Pacific

Japan

China

India

Australia

Others

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