The North American apiculture market was valued at USD 3.77 billion in 2023 and is anticipated to reach USD 3.98 billion in 2024 from USD 6.21 billion by 2032, growing at a CAGR of 5.72% from 2024 to 2032.
Apiculture is a branch of agriculture that involves breeding 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 hives are 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 North American 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 is expected to grow at the fastest rate due to growing importance and need for pollination in agricultural fields.
North America has the largest market in the world for apiculture by share. In the North America region, United States has the largest market share while Canada is expected to grow at the highest rate. 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 dominating the North American apiculture market.
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