The European apiculture market was valued at USD 3.77 billion in 2023 and is anticipated to reach USD 3.98 billion in 2024 from USD 18.76 billion by 2032, estimated to grow at a CAGR of 5.72% from 2024 to 2032.
Apiculture is a branch of agriculture that involves the breeding of honey bees to make use of the products of the beehive, chiefly honey. The beekeeper must provide the apiary with care, shelter and care for its environment.This field is found in all the continents, but the activity changes according to the varieties of bees, the level of economic development and the climate. It is an activity in which ancestral methods such as the harvesting of honey by pressing of hives is used, but also modern methods like extraction by artificial insemination, centrifugal force, or the study of the path traced by the bees which are equipped with radar micro-reflectors.
The driving factors of the European apiculture market are rising awareness about apiculture and its benefits, growing demand for products obtained from bees such as propolis, honey, beeswax, pollen, and royal jelly, and growing applications in various fields, among others. However, the market is constrained by factors like decreasing number of beehives and beekeepers and rising incidence of adulteration of honey among others.
Honey has the largest market share in the segment, while live bees are expected to grow at the fastest rate due to growing importance and need for pollination in agricultural fields.
Europe has the third largest market in the world for apiculture by share. Factors such as rising awareness about apiculture and rising demand for bee-based products is expected to drive the market growth in the region.
Betterbee Inc. (U.S.), Miller’s Honey Company (U.S.), Dabur India Limited (India), Shangdong Bokang Apiculture Co. Ltd. (China), Beehive Botanicals Inc. (U.S.). these are the market players that are dominating the Europe apiculture market.
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