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Apiculture Market by Product, Application, and Geography - Forecast and Analysis 2021-2025

Apiculture Market by Product, Application, and Geography - Forecast and Analysis 2021-2025

Published: Feb 2021 120 Pages SKU: IRTNTR46699

The apiculture market size has the potential to grow by USD 1.08 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 2.35%. 

This report provides a detailed analysis of the market by product (honey, beeswax, and others), application (food and beverage, medical, cosmetics, and others), geography (APAC, Europe, North America, MEA, and South America), and key vendors. 

Market Overview

Apiculture-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • Apiaries 8
  • Apiculture Remuaux
  • Arnold Honeybee Services
  • Beeface
  • Beehive Botanicals Inc
  • Betterbee
  • Comvita Ltd.
  • Dadant & Sons Inc.
  • Gospodarstwo Pasieczne Sadecki Bartnik sp z oo
  • MAISON VERGNON APICULTURE

 

The apiculture market is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as increasing demand for apiculture products in the healthcare sector to achieve growth opportunities. However, factors such as a decline in the bee population will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the apiculture market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This apiculture market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities. 

Apiculture Market: Key Drivers and Trends

  • The increasing demand for apiculture products in the healthcare sector is driving the market growth. 
  • With the rise in health consciousness, apiculture products such as honey, propolis, royal jelly, and bee venom are increasingly being used in healthcare products. 
  • Honey is used in ready-to-eat food and beverage products as a substitute for white sugar, owing to its antibacterial properties. 
  • Similarly, royal jelly is increasingly being used in the healthcare sector, as it helps in reducing cancer.
  • The restoration of bee habitats is the key trend that will positively impact the global apiculture market. 
  • With the increasing urbanization, the natural habitat for bees is getting destroyed, forcing them to build hives in tall buildings or in holes or crevices.
  •  Several initiatives by government and private organizations worldwide are helping in restoring bee habitats, which is boosting the apiculture market growth.

 

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Apiculture Market: Segmentation by Geography

Apiculture-Market-Market-Share-by-Region-2020-2025

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44% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for apiculture in APAC. Market growth in this region will be faster than the growth of the market in Europe and South America.

The increasing demand from the cosmetics industry is one of the prime factors that will facilitate the apiculture market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Apiculture Market: Segmentation by Product

Apiculture-Market-Market-Share-by-Product-2020-2025

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The increasing demand for honey from the food and beverages sector and in beauty products such as creams and oils is leading to its increased availability across the world, thereby driving the growth of this segment. Therefore, the growth of the market segment is expected to be significant during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the apiculture market size.  Fetch actionable market insights on post COVID-19 impact on each segment.   

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Apiculture Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive apiculture market growth during the next five years
  • Precise estimation of the apiculture market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the apiculture industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of apiculture market vendors

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Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Apiculture market growth will increase by 1080.36 million during 2020-2025.

The Apiculture market is expected to grow at a CAGR of 2.35% during 2020-2025.

Apiculture market is segmented by Product( Honey, Beeswax, Others) Application( Food and beverage, Medical, Cosmetics, Others) Geographic( APAC, Europe, North America, MEA, South America)

Apiaries 8, Apiculture Remuaux, Arnold Honeybee Services, Beeface, Beehive Botanicals Inc, Betterbee, Comvita Ltd., Dadant & Sons Inc., Gospodarstwo Pasieczne Sadecki Bartnik sp z oo, MAISON VERGNON APICULTURE are a few of the key vendors in the Apiculture market.

APAC will register the highest growth rate of 43.9% among the other regions. Therefore, the Apiculture market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.

China, US, India, Russian Federation, Turkey

  • Increasing government funding for apicultural R&D is the driving factor this market.

The Apiculture market vendors should focus on grabbing business opportunities from the Honey segment as it accounted for the largest market share in the base year.