The Apiculture Market is Predict to reach USD 15.8 Billion by 2030, at a CAGR of 5.4%

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Apiculture Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Apiculture Market size is expected to reach $15.8 billion by 2030, rising at a market growth of 5.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 10,470.5 Kilo Tonnes, experiencing a growth of 4.1% (2019-2022).

The apiculture market, revolving around cultivating and managing bee colonies, has evolved into a vibrant and dynamic sector with multifaceted applications. Apiculture, commonly known as beekeeping, extends far beyond the simple harvesting of honey. It encompasses activities involving sustainable management of bee colonies for various products, pollination services, and ecological benefits. Beekeeping, once considered a traditional practice, has witnessed a remarkable surge in global adoption. The allure of beekeeping extends to diverse regions, from rural landscapes to urban settings, as individuals, communities, and businesses recognize its manifold benefits. A combination of economic, environmental, and social factors fuels the adoption of apiculture.

In addition, the applications of apiculture extend far beyond the production of honey, encompassing diverse sectors that underscore its significance in contemporary society. From the food industry to agriculture and beyond, beekeeping proves to be a versatile and impactful practice. The sweet nectar harvested by bees forms the foundation of honey production. Honey, with its myriad flavors and health benefits, is a staple in culinary applications, from desserts to beverages. Apart from honey, beekeeping yields various products, including beeswax, royal jelly, bee pollen, and propolis. These bee-derived products find applications in cosmetics, pharmaceuticals, and health supplements.

The Food & Beverage segment is leading the Global Apiculture Market, by Application in 2022; thereby, achieving a market value of $6.1 Billion by 2030. Honey is a versatile ingredient used in a wide range of culinary applications. Its unique taste and viscosity make it suitable for sweetening beverages, baking, salad dressings, marinades, and topping for various dishes. The diverse applications of honey have expanded its presence in the food industry. Hence, these factors will lead to increased demand in the segment.

The Royal Jelly segment is experiencing a CAGR of 5.9% during (2023 - 2030). Royal jelly is renowned for its exceptional nutritional composition, which includes minerals, enzymes, vitamins (especially B-complex vitamins), and proteins, all of which are vital amino acids. This comprehensive nutritional content makes it a sought-after dietary supplement. Royal jelly contains compounds that may exhibit anti-inflammatory effects. This property has sparked interest in its potential for addressing inflammatory conditions and promoting overall well-being. Therefore, these factors will assist in the expansion of the segment.

Full Report: https://www.kbvresearch.com/apiculture-market/

The Asia Pacific region dominated the Global Apiculture Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $6.0 Billion by 2030. The Europe region is anticipated to grow a CAGR of 4.8% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 5.2% during (2023 - 2030).

List of Key Companies Profiled

Apiculture Market Report Segmentation

By Application (Volume, kilo Tonnes, USD Billion, 2019-2030)

Food & Beverage
Pharmaceuticals
Personal Care & Cosmetics
Others

By Type (Volume, kilo Tonnes, USD Billion, 2019-2030)

Honey
Royal Jelly
Beeswax

By Geography (Volume, kilo Tonnes, USD Billion, 2019-2030)

North America
- US
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA

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The Apiculture Market is Predict to reach USD 15.8 Billion by 2030, at a CAGR of 5.4%

Special Offering :

Apiculture Market Growth, Trends and Report Highlights

List of Key Companies Profiled

Apiculture Market Report Segmentation

North America Apiculture Market Size, Growth | 2030

LAMEA Apiculture Market Size, Share Analysis | 2030

Europe Apiculture Market Size & Share Report | 2030

Asia Pacific Apiculture Market Size, Growth | 2030