The Apiculture Global Market Report 2023, provides comprehensive information on the apiculture market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Apiculture Global Market Report 2023, the global apiculture market size is expected to grow from $11.71 billion in 2022 to $12.83 billion in 2023 at a compound annual growth rate (CAGR) of 9.57%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every markets across the globe. The global apiculture market size is expected to reach $17.92 billion in 2027 at a CAGR of 8.70%.

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Technology advancements are the key trends gaining popularity in the apiculture market. Major companies operating in the apiculture market are adopting innovative technologies to sustain their position in the market. For example, in November 2022, DAESUNG Co. Ltd., a South Korean firm that manufactures portable mechanical beekeeping machinery, introduced smart beekeeping range products including wasp detectors, hive controllers, automated beekeeping gates, plasma ozone storage, hornet trap, and smart beekeeping systems. Plasma ozone storage is a green technique that significantly enhances sterilization, disinfection, and odor reduction. The smart beekeeping system employs specific materials such as flexible carbon-based heating components to produce comparable effects to heat sources created by bees, and may significantly aid in the maintenance of bee development environments through effects such as far-infrared rays. The smart beekeeping technology allows for the integrated administration of honeybee development conditions in dozens to hundreds of beehives via applications, such as automated specifiers, water supply control, and internal bee environment settings.

The apiculture market is segmented:

1) By Type: Honey, Beeswax, Live Bees, Other Types

2) By Method: Traditional Beekeeping, Modern Beekeeping

3) By Application: Food And Beverages, Medical, Cosmetics, Other Applications

4) By Distribution Channel: Hypermarkets, Convenience Stores, Online, Other Distribution Channels

Asia-Pacific was the largest region in the apiculture market in 2022.

The table of contents in TBRC’s apiculture market report includes:

Executive Summary
Apiculture Market Characteristics
Apiculture Market Trends And Strategies
Apiculture Market - Macro Economic Scenario
Apiculture Market Size And Growth
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Africa Apiculture Market
Apiculture Market Competitive Landscape And Company Profiles
Key Mergers And Acquisitions In The Apiculture Market
Apiculture Market Future Outlook and Potential Analysis
Appendix
Top 5 Major Key Players Are:

Dabur India Ltd
Miller's Honey Company
Betterbee
Barkman Honey LLC
Beehive Botanicals Inc
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