Good news for beekeepers! World apiculture market to grow at a CAGR of 2.7% by 2022, says report

There is a good news for beekeepers as the world apiculture market to grow at a CAGR 2.7% between 2015 and 2022. According to the “Wise Guy Research report,” beekeeping segment is likely to grab the highest market share during this period. Due to their importance in pollination, live bees segment shows enormous growth potential, says the report.

In 2014, food and beverage segment dominated the apiculture applications market with more than 80% percent of revenue share in the world apiculture market. With the consumers are inclining more and more towards nutritious diet, growing popularity of sustainable lifestyle and spreading awareness of environmental issues, apiculture products have a bright future ahead, suggest experts.

But, proper beekeeping and maintaining colonies of healthy bees are the major challenges in apiculture sector. Some of the key players in the world apiculture market are Honeybee Enterprises, Dabur India, Betterbee, Arnold Honeybee Services, EURL Atlantic Apiculture, Bartnik, Mann Lake, Miller’s Honey Company, Sarl Luberon Beekeeping, Beehive Botanicals, Thomas Apiculture SAS, Shandong Bokang Apiculture, Chengdu Feng’s Apiculture Co, Seldom Fools Apiculture, and Tiwana Bee farm.

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