Press release
Apiculture Market Size, Share, Future Growth, 2032
Apiculture Market
The apiculture market size was valued at USD 11.15 billion in 2023 and is projected to grow from USD 11.75 billion in 2024 to USD 18.59 billion by 2032, exhibiting a CAGR of 5.90% during the forecast period.
The increasing popularity of apiculture in both the food and pharmaceutical sectors is driving the market expansion. Honey is widely used in the food processing industry for preparing different food items. The surging need for honey and royal jelly for producing dietary supplements in the pharmaceutical industry is also supporting market growth.
Fortune Business Insightsโข shares this information in its report titled "Apiculture Market, 2024-2032."
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ : https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/apiculture-market-108593
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Capilano Honey Ltd. (Australia)
โข Organic Bee Farms (U.S.)
โข Dabur Ltd. (India)
โข NOW Foods (U.S.)
โข Koster Keunen LLC (U.S.)
โข Barkman Honey (U.S.)
โข Heavenly Organics (U.S.)
โข Strahl & Pitsch Inc., (U.S.)
โข Miller's Honey (U.S.)
โข Durham's Bee Farm (U.S.)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐จ๐ง๐ฌ๐ฎ๐ฆ๐๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ฐ๐๐๐ญ๐๐ง๐๐ซ๐ฌ ๐ ๐จ๐ฌ๐ญ๐๐ซ๐๐ ๐ญ๐ก๐ ๐๐จ๐ง๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
In terms of type, the market is classified into beeswax, honey, and royal jelly. The honey segment dominated the global apiculture market share in 2022. Honey is highly preferred in the food and beverage industry. Increasing consumer demand for natural sweeteners and growing consumption of honey-based products are fostering segment growth.
๐ ๐จ๐จ๐ & ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐๐ฌ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ ๐ญ๐จ ๐๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ฌ๐๐ ๐ ๐จ๐ ๐๐๐๐ฌ๐ฐ๐๐ฑ ๐ข๐ง ๐ ๐จ๐จ๐ ๐๐ซ๐๐ฉ๐ฉ๐ข๐ง๐
Based on application, the market is categorized into pharmaceuticals, personal care & cosmetics, food & beverage, and others. The food & beverage segment commands the global market. The segment growth is driven by increasing awareness about health and wellness among consumers. Growing usage of beeswax in food wrapping and rising consumption of royal jelly due to its functional properties are also driving the segment expansion.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.fortunebusinessinsights.com/enquiry/multi-report-purchase/apiculture-market-108593
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
๐๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐จ๐๐๐๐ซ๐ฌ:
โข Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
โข Comprehensive insights into the regional developments.
โข List of major industry players.
โข Key strategies adopted by the market players.
โข Latest industry developments include product launches, partnerships, mergers, and acquisitions.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
๐๐ฎ๐ซ๐ ๐ข๐ง๐ ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐จ๐ง๐๐ฒ ๐๐๐ฆ๐๐ง๐ ๐จ๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐ข๐ญ๐ฌ ๐๐ฎ๐ฉ๐๐ซ๐ข๐จ๐ซ ๐ ๐ฎ๐ง๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐ซ๐จ๐ฉ๐๐ซ๐ญ๐ข๐๐ฌ ๐ญ๐จ ๐๐ฎ๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Rapid changes in consumer preferences and a rise in purchasing power are the key factors boosting the popularity of the organic segment. The increasing need for products without chemicals, including pesticides and other synthetic additives, is driving the demand for organic honey. Organic honey is widely preferred over traditional honey due to its high-quality standards and superior functional properties. Growing awareness about honey benefits is pushing developing countries (India and Japan) to pay more attention to their consumption habits.
However, market growth is hampered by a rise in adulteration cases due to the substitution of pure ingredients with cheap quality ingredients.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐๐ง๐๐ซ๐๐๐ฌ๐ ๐ข๐ง ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐๐ฌ ๐ข๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐
Asia Pacific leads the global market and was valued at 3.76 billion in 2022. The existence of top honey producers and providers in China and India is driving market growth in the region. A rise in disposable income, new product launches, and increasing production activities are the key factors boosting market expansion in the region.
North America is set to register high growth over the projected period due to the rising awareness about natural products in the food, medicinal, and cosmetic sectors and a rise in governmental support.
๐๐ฌ๐ค ๐ ๐จ๐ซ ๐๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/apiculture-market-108593
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐จ๐ฉ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐ ๐๐ฑ๐ฉ๐๐ง๐๐ข๐ง๐ ๐ญ๐ก๐๐ข๐ซ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐๐๐ฉ๐๐๐ข๐ญ๐ข๐๐ฌ ๐ญ๐จ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
Dabur Ltd., Capilano Honey Ltd., and Koster Keunen LLC are some of the leading companies in the apiculture market. Major market players are constantly focusing on expanding their production capacities to boost product sales.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐: RAK Honey, a UAE-based premium honey brand, introduced their 'Samar Honey' for the first time in the U.K. market. With its indulgent flavor and subtle sweetness, RAK Samar emerged as one-of-a-kind honey, comprising a vast range of essential minerals and vitamins, compared to other honey types.
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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