Singapore markets closed
  • Straits Times Index

    3,144.16
    +5.85 (+0.19%)
     
  • Nikkei

    28,964.08
    -54.25 (-0.19%)
     
  • Hang Seng

    28,801.27
    +242.68 (+0.85%)
     
  • FTSE 100

    7,017.47
    -135.96 (-1.90%)
     
  • BTC-USD

    35,618.49
    -2,025.80 (-5.38%)
     
  • CMC Crypto 200

    888.52
    -51.42 (-5.47%)
     
  • S&P 500

    4,166.45
    -55.41 (-1.31%)
     
  • Dow

    33,290.08
    -533.37 (-1.58%)
     
  • Nasdaq

    14,030.38
    -130.97 (-0.92%)
     
  • Gold

    1,763.90
    -10.90 (-0.61%)
     
  • Crude Oil

    71.50
    +0.46 (+0.65%)
     
  • 10-Yr Bond

    1.4500
    -0.0610 (-4.04%)
     
  • FTSE Bursa Malaysia

    1,589.05
    +18.19 (+1.16%)
     
  • Jakarta Composite Index

    6,007.12
    -61.33 (-1.01%)
     
  • PSE Index

    6,851.38
    -36.54 (-0.53%)
     

Outlook on the Apiculture Global Market to 2026 - A Growing Awareness of the Benefits Associated With the Consumption of Honey is Driving the Industry - ResearchAndMarkets.com

·5-min read

The "Apiculture Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.

The apiculture market is evaluated at US$8.943 billion for the year 2019 and is projected to grow at a CAGR of 3.02%, reaching a market size of US$ 11.015 billion by the year 2026.

Apiculture refers to the management of bees to extract honey and beeswax from their beehives by applying scientific and commercial techniques. The place where the beehives are kept and managed for the production of honey, wax, propolis, etc. is called an Apiary. The growing awareness about the health benefits of honey has made it popular which is anticipated to surge the apiculture market growth in the coming years. Also, there is increased support from the governments of various countries around the world and incentives are being provided by them to promote beekeeping. This, in turn, is expected to further provide a surge to the apiculture market growth. Moreover, there is an increased use of honey as an alternative to artificial sweeteners which is further anticipated to boost the apiculture market growth during the forecast period.

The Covid-19 pandemic made a negative impact on the apiculture market initially. As the lockdown was implemented around the world and the activities were halted, people were restrained from working from their homes. However, industries like apiculture which cannot be managed from home were hugely impacted. The programs related to apiculture such as the Beehive Distribution Program of United States was deferred due to budget uncertainties produced by the pandemic. The Virginia State Beekeepers Association stated that their plans for meetings and conferences regarding beekeeping were dampened by Covid-19. But as the lockdown has been lifted and activities have almost come to their normal, the apiculture market has come to its regular pace and is anticipated to grow further from 2021 onwards.

The apiculture market has been classified based on product type, application, method, and geography. By product type, the market has been classified into honey, beeswax, propolis, live bees, and others. Based on application, the segmentation has been done into food & beverages, medical, cosmetics, and others. By method, the market has been categorized into traditional beekeeping and modern beekeeping. Geographically, the apiculture market has been categorized into North America, South America, Europe, Middle East and Africa, and Asia Pacific.

Companies Mentioned

  • The Best Bees Company

  • Mann Lake, Ltd. (Kelley Beekeeping)

  • Dadant & Sons, Inc.

  • Betterbee

  • Dabur India Limited

  • Seldom Fools Apiculture

  • Alveole

  • Miller Honey Farms

  • Tiwana Bee Farm

  • Golden Bees Ltd

Key Topics Covered:

1. Introduction

1.1. Market Definition

1.2. Market Segmentation

2. Research Methodology

2.1. Research Data

2.2. Assumptions

3. Executive Summary

3.1. Research Highlights

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. Apiculture Market Analysis, by Product Type

5.1. Introduction

5.2. Honey

5.3. Beeswax

5.4. Propolis

5.5. Live Bees

5.6. Others

6. Apiculture Market Analysis, by Application

6.1. Introduction

6.2. Food & Beverages

6.3. Medical

6.4. Cosmetics

6.5. Others

7. Apiculture Market Analysis, by Method

7.1. Introduction

7.2. Traditional Beekeeping

7.3. Modern Beekeeping

8. Apiculture Market Analysis, by Geography

8.1. Introduction

8.2. North America

8.2.1. North America Apiculture Market, By Product Type

8.2.2. North America Apiculture Market, By Application

8.2.3. North America Apiculture Market, By Method

8.2.4. By Country

8.2.4.1. US

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. South America Apiculture Market, By Product Type

8.3.2. South America Apiculture Market, By Application

8.3.3. South America Apiculture Market, By Method

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. Europe Apiculture Market, By Product Type

8.4.2. Europe Apiculture Market, By Application

8.4.3. Europe Apiculture Market, By Method

8.4.4. By Country

8.4.4.1.1. Germany

8.4.4.1.2. France

8.4.4.1.3. UK

8.4.4.1.4. Others

8.5. Middle East and Africa

8.5.1. Middle East and Africa Apiculture Market, By Product Type

8.5.2. Middle East and Africa Apiculture Market, By Application

8.5.3. Middle East and Africa Apiculture Market, By Method

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. Asia Pacific Apiculture Market, By Product Type

8.6.2. Asia Pacific Apiculture Market, By Application

8.6.3. Asia Pacific Apiculture Market, By Method

8.6.4. By Country

8.6.4.1. China

8.6.4.2. India

8.6.4.3. Japan

8.6.4.4. South Korea

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

For more information about this report visit https://www.researchandmarkets.com/r/6v43l6

View source version on businesswire.com: https://www.businesswire.com/news/home/20210513005817/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting