Global Apiculture Market Research Report: Forecast (2022-27)

Market Definition

Apiculture or beekeeping is maintaining honey bees for the production of honey & several other bee products like beeswax, honeycomb, royal jelly, propolis, etc., which are used extensively across multiple industries. With the rising awareness among consumers about the various health benefits of these products, their utilization is continuously expanding worldwide.

Market Insights

The Global Apiculture Market is projected to grow at a CAGR of around 3.2% during the forecast period, i.e., 2022-27. The market growth is driven primarily by the mounting awareness among people about the various health benefits of bee products and their increasing inclination toward organic, all-natural, & nutritious food products. Besides, increasing government support across different countries worldwide with massive investments in promoting beekeeping is also driving the global market. 

With shifting consumer preference toward Ayurveda products, the demand for honey & other bee products has significantly increased globally. These products have a wide range of applications across many industries like food & beverages, cosmetics, agriculture, chemical & paints, pharmaceutical, etc., which are investing substantially in apiculture practices to meet the burgeoning consumer requirements.

Moreover, the rising awareness about the health benefits of honey owing to its anti-microbial & anti-inflammatory properties has made it immensely popular worldwide. As a result, it is being used increasingly as a substitute for sugar or other artificial sweeteners, which, in turn, is fueling the overall market growth.

Furthermore, bee products, especially honey, are also rich in antioxidants that help lower blood pressure levels, which leads to a reduced risk of heart attacks, strokes, & other cardiovascular diseases. Hence, the worldwide recognition of these health benefits associated with honey consumption projects profitable opportunities for the Global Apiculture Market in the coming years.

Market Segmentation

Based on Product Type:

• Honey
• Beeswax
• Live-bees
• Bee Bread
• Royal Jelly
• Others

Amongst these, honey holds the largest share in the Global Apiculture Market, and the same trend is expected during 2022-27. It attributes primarily to the surging consumer awareness regarding the harmful effects of sugar on human health, which has resulted in the burgeoning demand for honey as an alternative to artificial sweeteners across different end-user industries. As a result, more and more consumers have started including honey in their diet owing to its excellent antibacterial, anti-inflammatory & antioxidant characteristics, coupled with the higher shelf life.

In addition to processed foods, spreads, cereals, beverages, jams, and jellies, honey is also being utilized increasingly in health & beauty products, the increasing demand for which is positively influencing the sales of honey globally. It comprises several medical properties like its ability to control blood pressure, enhance metabolic activity, treat burn wounds, and reduce the risk of diabetes. Hence, besides food & beverages, it is used widely in many applications, including pharmaceuticals, cosmetics, etc., thereby contributing to the overall growth of the global apiculture market.

Based on Application:

• Medical
• Food Beverages
• Cosmetics
• Agriculture
• Chemical & Paints
• Others

Here, the Food & Beverages (F&B) application dominates the global market. It owes to growing health concerns of consumers worldwide, i.e., directing F&B manufacturers toward seeking better sugar alternatives to suffice sweetener requirements in largely-produced foods products & beverages. Moreover, the surging consumer inclination toward organic, low-fat & calorie meals, drinks, confectionery items, baked products, etc., is another crucial aspect resulting in the extensive utilization of honey as a sweetener & flavoring agent and, as a result, driving the market across the food & beverage industry.

On the other hand, the rise in the demand for honey across the pharmaceutical sector, particularly for producing cough syrups & liquid food supplements, is also driving the global market, owing to its anti-bacterial, anti-inflammatory, & other health-beneficial aspects.

Nevertheless, honey, with excellent natural anti-aging properties, helps maintain skin moisture & renders soothing effects on the skin. As a result, it is also being used widely across the personal care & cosmetics sector in many moisturizers, soaps, & face wash, among others.

Regional Landscape

Geographically, the Global Apiculture Market expands across:

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Amongst all regions globally, Asia-Pacific is expected to attain the largest share in the Apiculture Market during 2022-27. It attributes principally to the rapidly increasing establishments of commercial honey producers across the region, especially in China, the largest honey producer & consumer worldwide, with the extensive territory, nectar-rich sources, & improving lifestyles of its large population. Honey in China is a staple available more readily than sugar in supermarkets/hypermarkets.

Besides, various government initiatives for setting up commercial honey farms across different countries in Asia-Pacific, coupled with the increasing awareness among consumers of various health benefits of bee products, specifically honey, are other crucial aspects projected to propel the regional market growth through 2027.

Asian countries are the primary exporters of honey & other bee products to various nations in other regions like Europe, North America, etc., which lack the infrastructure & other resources required to perform apiculture. As a result, they have become increasingly dependent on Asia-Pacific for importing honey. 

On the other hand, India has witnessed robust growth in the apiculture market over the previous few decades. Rapidly changing food habits and increasing inclination of the Indian population toward health & wellness supplements are the primary aspects expected to accelerate the honey consumption in the country over the forecast years.

Honey, a key element in India's Ayurveda & pharmaceutical sectors, is consumed mainly in medicines to promote quicker absorption of herbal extracts in the human body. Moreover, it is also beneficial for the treatment of eye diseases, respiratory irritations & infections, fatigue, dizziness, mouth sores, constipation, etc.

Another bee product, beeswax, is used primarily in manufacturing cosmetics, soaps, pharmaceuticals, etc. However, it is used as medicine for diarrhea, ulcers, reducing cholesterol, relieving pain, etc. Hence, with such wide usage, honey consumption is likely to escalate significantly in India and create remunerative growth prospects for the overall market growth in the years to come.

Market Dynamics

Key Driver: Mounting Consumer Demand for Natural Sweeteners & Flavoring Agents

Bee products like honey offer various health benefits, owing to which it is being adopted increasingly as an excellent alternative to conventional sugar. The sudden rise in health consciousness among consumers, especially with the advent of Covid-19, has encouraged them to minimize the usage of white sugar and incorporate natural & organic sweeteners & flavoring agents into their meals. Honey, the all-natural, low-cost sweetener, has antioxidant & antibacterial properties, a longer shelf-life, and several vital vitamins & minerals, which has made it a preferred choice of a large consumer base globally. Hence, these aspects associated with bee products are projected to drive the Global Apiculture Market during 2022-27. 

Key Questions Answered in the Market Research Report:

1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global Apiculture Market?
2. What are the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Apiculture Market?
4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Apiculture Market based on the competitive benchmarking matrix?
5. What are the key results derived from surveys conducted during the Global Apiculture Market study?