Apiculture Industry

Description

Global Apiculture market expected to grow at a CAGR of 7.2% to reach a market value of USD 31,681 million by 2026.

Apiculture is a process of maintaining bee colonies to obtain honey and honey-based end products such as beeswax, propolis, royal jelly, and honey dew. Beekeeper aligns bees in an order through hives to collect honey and other by products. Beekeeping was initially started in North Africa and expanded to Europe through Egypt in mid-18th Century. Increase in demand for honey and insufficient availability of natural honey led to increase in establishments of commercial farms for beekeeping across the globe. Key benefits associated with apiculture in commercial farms includes low maintenance and enhanced pollination activities across the farms.

Market Dynamics: Drivers, Restraints, Opportunities Challenges:

Growing demand for honey from various industries is the major factor driving the global apiculture market. The consumption of honey is rapidly surging in food and beverages industry as flavoring and sweetening agent owing to the adverse health effects of sugar-based sweeteners, thus providing equal market growth for global apiculture market. According to FAO, the annual production of honey in turkey increased from 106,000 tons in 2016 to 114 thousand tons in 2017 providing equal market growth for global apiculture market. The market has seen growing establishments of new colonies and beekeeping enterprises for honey production to cater the growing demand. For instance, the number of beekeeping enterprises increased from 7814 units in 2017 to 8552 units in 2018, stated the Ministry for Primary Industries New Zealand.

According to National Agricultural Statistics Service, total number of colonies in the U.S increase from 2.683 million colonies in 2017 to 2.803 honey bee colonies in 2018 witnessing a growth in annual honey production from bee colonies from 74,500 thousand tons in 2017 to 76,150 thousand tons in 2018. Growing interest by entrepreneurs in bee farming and increase in support for beekeeping enterprises is expected to boost the global apiculture market during the forecast period.

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Impact of environmental factors such as high temperature, effect of pests and lack of awareness among beekeepers are the factors hindering the growth of global Apiculture market.

Key Players

Betterbee
Gloden bees Ltd
Mann Lake Ltd.
Tiwana Bee farm.

Key Segments:

Apiculture Market by Hive Type

• Traditional Hives
• Kenyan Top Bar Hives
• Langstroth Hives

Langstroth dominate the global apiculture market owing to its extensive usage by the beekeepers in the developed countries owing to its advantages over the traditional hives. Compact honey production, easy harvesting technology and quick extracting process are the key advantages attained by bee keepers through adoption of Langstroth apiculture hives.

Apiculture Market by Application

• Medical
• Food & Beverages
• Cosmetics
• Other Applications

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Food & Beverages segment dominate the global apiculture market owing to extensive usage of honey as source of sweetening and flavoring agent. Growing consumer preference towards low-calorie, natural and healthy sweeteners led to increase in adoption of honey as sweetening agent by major beverages producers across the globe. According to U.S department of Agriculture in 2015, more than 51% of honey in the United States is used by the food processers in prepared & packaged food, chefs and food service operators. While, rest 49% of honey is used as non-food applications as personal & beauty products and retail sales.

Geographical Landscape

By region, the global apiculture market is segmented into North America, South America, Europe, Asia-Pacific, Middle-east and America.

Asia-Pacific is expected to dominate the global apiculture market owing to high presence of honey producing capabilities and growing establishments of commercial honey producers across the region. Lack of honey production resources in developing nations led to increased dependency on Asian countries for honey imports. According to FAO, China dominated the global production of honey with a share of 29% followed by the European Union with 12%. Growing government initiatives programs for installation of commercial honey farms is expected to boost the Asia-Pacific apiculture market. During the period 2015-16 Khadi and Village Industries Commission initiated program for training 2 Lakh people in beekeeping technologies and supporting new bee keepers under Entrepreneurship Development program under PMEGP. Indian Ministry of Agriculture & Farmers Welfare had commissioned 3 integrated beekeeping development centers in 2015-16 for the promotion of beekeeping technology across the country.

According to European Commission Agricultural and Rural Development in 2019, the number of hives in the European Union increased from 16,633 units in 2017 to 17,577 units in 2018. The beekeepers in the European Union is expected to increase from 606,082 in 2017-19 to 652,305 units in 2020-22. Number of beekeepers in the European Union is expected to increase during the forecast period to meet the consumer demand for honey and honey-based end products.

According to Eurostat Comext, the annual imports of honey in European Union increased from 194,466 tons in 2016 to 207,412 tons in 2018. High imports tariffs imposed by the exporting nations in honey is expected to boost the establishments of commercial honey farms across the European Union.

Competitive Landscape

The global apiculture market is highly fragmented with large number of beekeeping farms across the globe. The market is equipped by the foothold of several private and family-owned businesses. These companies are focusing on their business development through increased bee colonies.Apart from increasing bee colonies, acquisition is also considered as business growth strategy to help improve their geographical presence and market share. For instance,

• In November 2018, Mann Lake acquired Kelley beekeeping in support with Grey Mountain Partners to improve its presence/foothold in the United States beekeeping industry.

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