Apiculture Market - Forecast(2021 - 2026)
The global Apiculture market is estimated to be worth $8,819 million and is anticipated to further grow at a CAGR of 2.6%. The North America apiculture market generated $1,043.4 million in revenues in 2017. Increasing inclination towards healthy food, growing demand for sustainable living and environmental issues are the factors favoring the market growth. However, protection of bees and maintenance of their health are the restraining factors for Apiculture market. Based on products, live bees segment is likely to acquire the highest market share due to their importance in pollination in the agricultural fields. What is Apiculture? Apiculture means ‘honey gatherer’. It plays an important role in the agriculture and are responsible for more than 30% of the world’s food supply by providing pollination in about 100 flowering plant species. Apiculture includes maintenance of bee colonies for the collection of different products like honey, beeswax, propolis, flower pollen, bee pollen and ...