Global Pollination Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Self-Pollination, Cross-Pollination), By Crop Type (Almond, Sunflower, Canola, Others), By End-Users (Agricultural Companies, Farmers, Gardeners), And By Geography - Forecasts From 2022 To 2027
- Published : Aug 2022
- Report Code : KSI061611199
- Pages : 114
The global pollination market is expected to grow at a compound annual growth rate of 2.86% over the forecast period to reach a market size of US$774.972 million in 2027, from US$636.295 million in 2020. The demand for pollination services is estimated to grow in the coming years on account of an increasing need for accelerating the development of the agriculture sector and thereby providing a boost to the economy. Moreover, there are rising concerns among the market players to boost pollination activities. Furthermore, the adoption of AI-integrated models in analyzing different pollinator activities and improving pollination techniques is going to provide an opportunity for the end-user industries to increase their market share and bolster market growth further. However, the seasonal production of California Almonds, which is a highly popular product in the North American region and globally is hindering the market growth. In addition, the use of pesticides is also depleting the pollinator colonies, which is adding to the restraints being imposed on market growth.
Geographically, North America is estimated to hold a considerable share over the forecast period owing to the fact there is a surging demand and increased production of California almonds by pollinators. The Asia Pacific region is expected to witness significant growth over the forecast period owing to the fact that there are increasing initiatives being taken by the government in order to boost the agriculture sector in countries such as India.
COVID-19 IMPACT ON POLLINATION MARKET
The COVID-19 pandemic had an adverse impact on the global pollination market during the year 2020 owing to the imposition of lockdown protocols that were required to be followed during the period. A number of travel restrictions were imposed as well across several countries which inhibited the transportation of bees from one place to another. Furthermore, a significant decline in the number of seasonal workers made it even harder to carry out the usual activities on the farms. According to the Zoological Survey of India, Farmers in Canada have reported struggling to get their shipment of beehives from aboard. Global food production, which depends a lot on bee pollination, is estimated to get affected due to COVID-19 lockdowns in various countries as without bees the yields of some fruit, seed, and nut crops are known to decrease by more than 90%. This may impact poor and developing countries in the coming years as truncated food supply may result in hiking prices of many essential commodities beyond the reach of the poor in Asia and Africa. The restrictions on travel were a key factor in the slow growth rate of the market during the period. Moreover, according to the World Food Program, the number of people facing acute hunger almost doubled during the period.
GROWING INITIATIVES TO ACCELERATE THE DEVELOPMENT OF THE AGRICULTURAL AND BEE SECTOR
The development of the agriculture sector is one of the centre points of augmenting the overall economy of a country and pollination is an activity that contributes significantly to the agricultural sector, in different applications such as facilitating the production of a wide range of crops. There is a good amount of revenue that is generated every year owing to pollination activities. According to the Food and Agriculture Organization (FAO), about $235 to $537 billion of revenue is generated from food production and it is directly connected to pollinators. However, as there are threats to the pollinators due to climate change and other agents such as poor conditions, the FAO is taking measures and has put forward options in order to ensure pollinator safety. Some of these include decreasing the exposure of the pollinators to the pesticides that are used by using other forms and methods to control the pests and improving the bee husbandry industry for more effective pathogen control among others. Thus, these factors are bolstering the market growth. In addition, California almonds, which are amongst the finest vanities of almonds, are also produced by pollination among some of the other products such as honey, beeswax, watermelons, and blueberries among some other fruits and vegetables, which are boosting agriculture production thereby leading to the development of the agriculture sector.
Furthermore, the Food and Agricultural Organization (FAO) has taken an action plan called “The International Pollinator Initiative”. The stipulated time period for this plan is from 2019-2030. The objective of this action plan is to safeguard the different pollinators and promote the use of sustainable practices and ensure that continuous monitoring is being conducted, and pollinator-friendly practices are being implemented among others.
The growth in the bee and honey industry is significant to the overall pollination market growth. In China, honey consumption was around 300,000 tonnes, per year, according to government sources. India is also making significant developments in the market. According to the Indian Government, India exported around 59,536 MT of Natural Honey, globally, for a worth of around USD55.65 million, during the year 2019-2020. The United States is also one of the major markets, globally. According to the Agricultural Marketing Resource Center, there are around 115,000 beekeepers in the US. According to the National Honey Board, the per capita consumption of honey was around 1.51 pounds per year, in the country.
REGIONAL SNAPSHOT
By geography, the global pollination market is segmented as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. North America holds a significant market share owing to the high demand for pollination services in the U.S. supported by government policies and measures. APAC will, however, witness a substantial CAGR during the forecast period. The growth of this regional market is attributed to the increasing demand for honey as a natural sweetener and rising agricultural activity for which pollination is required. Furthermore, the rising consumption of honey across the globe is also driving the demand for pollination services in the APAC region. For example, a 2019 study by the University of California researchers stated that the U.S. is meeting its burgeoning demand for honey partly by importing more honey from countries like Vietnam and India.
GLOBAL POLLINATION MARKET
Report Metric | Details |
Market Size Value in 2020 | US$636.295 million |
Market Size Value in 2027 | US$774.972 million |
Growth Rate | CAGR of 2.86% from 2020 to 2027 |
Base Year | 2020 |
Forecast Period | 2022–2027 |
Forecast Unit (Value) | USD Million |
Segments Covered | Type, Crop Type, End-Users, And Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Koppert, Biobest Group, Overberg Honey Company, Ubees, Ontorio Honey Company |
Customization Scope | Free report customization with purchase |
MARKET SEGMENTS
- By Type
- Self-Pollination
- Cross-Pollination
- By Crop Type
- Almond
- Sunflower
- Canola
- Others
- By End-Users
- Agricultural Companies
- Farmers
- Gardeners
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- Japan
- China
- India
- Australia
- Others
- North America
Frequently Asked Questions (FAQs)
1. INTRODUCTION
1.1. MARKET DEFINITION
1.2. COVID-19 IMPACT
1.3. MARKET DEFINITION
1.4. SCOPE OF THE STUDY
1.5. CURRENCY
1.6. MARKET SEGMENTATION
1.7. ASSUMPTIONS
1.8. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
2.3. VALIDATION
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. DRIVERS
4.1.1. GROWING INITIATIVES TO ACCELERATE THE DEVELOPMENT OF THE AGRICULTURAL AND BEE SECTOR
4.1.2. CLIMATE CHANGE EFFECTS
4.2. RESTRAINTS
4.2.1. USAGE OF PESTICIDES AND HERBICIDES
4.2.2. EXPLOITATION OF POLLINATING BEES
4.4. PORTER’S FIVE FORCES ANALYSIS
4.4.1. BARGAINING POWER OF SUPPLIERS
4.4.2. BARGAINING POWER OF BUYERS
4.4.3. THREAT OF NEW ENTRANTS
4.4.4. THREAT OF SUBSTITUTES
4.4.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.5. INDUSTRY VALUE CHAIN ANALYSIS
5. GLOBAL POLLINATION MARKET BY TYPE
5.1. INTRODUCTION
5.2. SELF-POLLINATION
5.3. CROSS-POLLINATION
6. GLOBAL POLLINATION MARKET BY CROP TYPE
6.1. INTRODUCTION
6.2. ALMOND
6.3. SUNFLOWER
6.4. CANOLA
6.5. OTHERS
7. GLOBAL POLLINATION MARKET BY END USERS
7.1. INTRODUCTION
7.2. AGRICULTURE COMPANIES
7.3. FARMERS
7.4. GARDENERS
8. GLOBAL POLLINATION MARKET BY GEOGRAPHY
8.1. INTRODUCTION
8.2. NORTH AMERICA
8.2.1. BY TYPE
8.2.2. BY CROP TYPE
8.2.3. BY END-USER
8.2.4. BY COUNTRY
8.2.4.1. USA
8.2.4.2. CANADA
8.2.4.3. MEXICO
8.3. SOUTH AMERICA
8.2.1. BY TYPE
8.2.2. BY CROP TYPE
8.2.3. BY END-USER
8.2.4. BY COUNTRY
8.3.4.1. BRAZIL
8.3.4.2. ARGENTINA
8.3.4.3. OTHERS
8.4. EUROPE
8.4.1. BY TYPE
8.4.2. BY CROP TYPE
8.4.3. BY END-USER
8.4.4. BY COUNTRY
8.4.4.1. UNITED KINGDOM
8.4.4.2. GERMANY
8.4.4.3. FRANCE
8.4.4.4. SPAIN
8.4.4.5. OTHERS
8.5. MIDDLE EAST AND AFRICA
8.5.1. BY TYPE
8.5.2. BY CROP TYPE
8.5.3. BY END-USER
8.5.4. BY COUNTRY
8.5.4.1. SAUDI ARABIA
8.5.4.2. UAE
8.5.4.3 OTHERS
8.6. ASIA PACIFIC
8.6.1. BY TYPE
8.6.2. BY CROP TYPE
8.6.3. ASIA PACIFIC POLLINATION MARKET, BY END-USER
8.6.4. BY COUNTRY
8.6.4.1. JAPAN
8.6.4.2. CHINA
8.6.4.3. INDIA
8.6.4.4. AUSTRALIA
8.6.4.5. OTHERS
9. COMPETITIVE ENVIRONMENT AND ANALYSIS
9.1. MAJOR PLAYERS AND STRATEGY ANALYSIS
9.2. EMERGING PLAYERS AND MARKET LUCRATIVENESS
9.3. MERGERS, ACQUISITIONS, AGREEMENTS, AND COLLABORATIONS
9.4. VENDOR COMPETITIVENESS MATRIX
10. COMPANY PROFILES
10.1. KOPPERT
10.1.1. OVERVIEW
10.1.2. PRODUCTS AND SERVICES
10.1.3. KEY DEVELOPMENTS
10.2. BIOBEST GROUP
10.2.1. OVERVIEW
10.2.2. PRODUCTS AND SERVICES
10.2.3. KEY DEVELOPMENTS
10.3. OVERBERG HONEY COMPANY
10.3.1. OVERVIEW
10.3.2. PRODUCTS AND SERVICES
10.4. UBEES
10.4.1. OVERVIEW
10.4.2. PRODUCTS AND SERVICES
10.4.3. KEY DEVELOPMENTS
10.5. ONTORIO HONEY COMPANY
10.5.1. OVERVIEW
10.5.2. PRODUCTS AND SERVICES
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