Apiculture Market

Date: 2016-05

Apiculture is one of the segments of Agriculture that deals with the study, management and maintenance of honeybees. Honeybees are responsible for more than 30% of the world’s food supply by enabling pollination in about 100 flowering plant species. Apiculture involves beekeeping for extraction of various useful products like honey, beeswax, royal jelly, pollen and so on.

The rising demand for sustainable living, inclination towards homemade food and environmental issues are driving the apiculture market. Maintenance of good hive health and protection of bees from infections and diseases arising from mites and other parasites or predators are the key challenges in apiculture.

In 2014, the global market for apiculture was valued at $xxx million and is estimated to grow at a stable pace of x.x% CAGR. China has the largest market for apiculture and APAC region accounted for the largest market share in the global apiculture market.

There are several useful products beneficial to mankind that can be extracted from apicultural practices. The important ones are honey, wax, propolis, royal jelly, pollen and bee venom. Honey had the biggest market among all these products in 2014 and occupied the largest market share. Apiculture products have diversified applications in agriculture, food and beverage, medical and healthcare, military, cosmetics, paints and chemical industries.

China dominated the world in terms of pure honey production in 2013 by several fold and will continue to do so in the future as well. Other major countries like Turkey, Argentina, Ukraine, the U.S., Russia, India and others are following China.

India led the world in the production of beeswax in 2013, followed closely by Ethiopia, Argentina and Turkey. Other major countries involved in the production of beeswax are Korea, Kenya and Mexico.

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