Market Trends of Apiculture Industry
This section covers the major market trends shaping the Apiculture Market according to our research experts:
Honey Emerges As a Functional Sweetener
- Honey has been advocated as a substitute for sugar, with more people accepting it and including it in their diets. Moreover, the use of products like beeswax, honey, and other such products is being increasingly utilized in the cosmetics and medical industry, further spearheading the growth of the global apiculture market.
- Further, manuka honey is gaining popularity across the globe on account of its antibacterial, anti-inflammatory, and antimicrobial properties. Honey consumption as an artificial sweetener by various industries is boosting the growth of the global apiculture market.
- Additionally, apiculture-based in the cosmetics and medicines industry is expected to increase further during the forecast period. According to the United States Department of Agriculture, the value of honey production in the United States in 2021 was roughly USD 321.22 million.
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Asia-Pacific Leads the Global Apiculture Market
- The Asia-Pacific region had the largest market share in the apiculture market. China is the biggest honey manufacturer in the world. China is the world's largest country for beekeeping, honey production exporter, and honey consumption. China exports honey and apiculture-based products, including propolis, in Europe, the United States, and other Asian countries, like Japan.
- According to the UN Comtrade data, Japan's imports of live bees and insects were valued at USD 5.2 million in the year 2021. This implies the growth of apiculture-based products in the country has been increasing. Many other developing countries lack the infrastructure required to perform apiculture, making the region dominant in the market. The consumption of apiculture products like health supplements, beeswax-based medicines, and cosmetics, honey is increasing in Asia-Pacific due to the health benefits.
- Apiculture products' application as a health care product has been gaining popularity in the studied market, as it helps to heal burns, prevent dental cavities, and treat gingivitis. Also, it is used as a mouth disinfectant. It may also eliminate parasites, remove warts, and is more effective than the pharmaceutical drug to treat genital herpes.
- Additionally, the chemical-free product has been gaining popularity as a natural balm throughout the Asia-Pacific region due to its distinctive texture, best described as "gunk." This texture results from the mixture of pine resin, wax flakes, and pollen that bees collect and bring to the hive, where consumers buy the product in convenient small bottles.
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