Overview and Scope
Apiculture refers to the practice of maintaining honey bees to obtain honey and wax from their combs or beehives. This involves processes such as choosing a location for the apiary, setting up the boxes, adding syrup to attract bees, harvesting boxes, extracting products, and selling in markets.
Sizing and Forecast
The apiculture market size has grown strongly in recent years. It will grow from $12.83 billion in 2023 to $14.02 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to growth in commercial construction, focus on workplace productivity, regulatory compliance, aesthetic considerations, growth in hospitality sector..
The apiculture market size is expected to see strong growth in the next few years. It will grow to $19.56 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to rapid urbanization, growth in healthcare construction, rise in sustainable building practice, expansion of entertainment venues, smart city initiatives.. Major trends in the forecast period include integration of technology, open office acoustics solutions, modular and easy installation systems, online sales channels and e-commerce, customization and personalization..
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/apiculture-global-market-report
Segmentation & Regional Insights
The apiculture market covered in this report is segmented –
1) By Type: Honey, Beeswax, Live Bees, Other Types
2) By Method: Traditional Beekeeping, Modern Beekeeping
3) By Application: Food And Beverages, Medical, Cosmetics, Other Applications
4) By Distribution Channel: Hypermarkets, Convenience Stores, Online, Other Distribution Channels
Asia-Pacific was the largest region in the apiculture market in 2023. North America is expected to be the fastest-growing region in the global apiculture market during the forecast period. The regions covered in the apiculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10406&type=smp
Major Driver Impacting Market Growth
The increase in demand for organic products is expected to propel the growth of the apiculture market going forward. Organic products are foods, fibers, or other agricultural products that are grown and processed without the use of synthetic pesticides, fertilizers, genetically modified organisms (GMOs), or other harmful chemicals. Honey is commonly utilized in organic products as a natural sweetener and versatile ingredient, contributing to the appeal of organic offerings. For instance, in May 2023, according to the report published by the Organic Trade Association, a US-based non-profit business association that represents organic agriculture and trade, the U.S. organic food market witnessed an unprecedented surge in sales, reaching a new record of $61.7 billion in 2022, with an increase of 4.4% compared to $59.1 billion in 2021. Moreover, organic beverages ranked as the second highest-selling category among organic products, registering sales of $9 billion, reflecting a 4% increase. Therefore, an increase in demand for organic products is driving the growth of the apiculture market.
Key Industry Players
Major companies operating in the apiculture market report are Dabur India Ltd., Miller’s Honey Company, Betterbee, Barkman Honey LLC, Beehive Botanicals Inc., Arnold Honeybee Services, Clearskys, Little Bee Impex, Beeyond the Hive, Capilano Honey Ltd., Dutch Gold Honey Inc., Conagra Brands Inc., Rowse Honey Ltd., Oha Honey LP, Heavenly Organics, Lamex Food Group Limited, Waitrose & Partners, United Natural Foods Inc., Clif Bar & Company, BeeswaxFromBeekeepers, Burleson’s Honey, Bee Maid Honey Limited, Comvita Limited, GloryBee, Wholesome Sweeteners Inc., Thomas Apiculture, Georgia Honey Farm, Blue Ridge Honey Co., Honeyville Inc., Mann Lake Ltd., Honey Solutions
The apiculture market report table of contents includes:
1. Executive Summary
2. Apiculture Market Characteristics
3. Apiculture Market Trends And Strategies
4. Apiculture Market – Macro Economic Scenario
5. Global Apiculture Market Size and Growth
….
31. Global Apiculture Market Competitive Benchmarking
32. Global Apiculture Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Apiculture Market
34. Apiculture Market Future Outlook and Potential Analysis
35. Appendix
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Overview and Scope A network switch refers to hardware that relays data from networks to…
Overview and Scope Phytosterols refer to bioactive substances that naturally occur in plants and have…
Overview and Scope Storage and warehouse leasing refers to renting or leasing storage and warehouse…
Overview and Scope A patient-centric healthcare app refers to a mobile application designed to prioritize…
Overview and Scope Sterile compounding pharmacies are specialized pharmacies that prepare customized medications in a…
Overview and Scope Oil and gas sensors are devices or instruments used in the oil…