The Indian apiculture market size reached INR 23,060.5 Million in 2022. Looking forward, IMARC Group expects the market to reach INR 44,814.7 Million by 2028, exhibiting a growth rate (CAGR) of 11.65% during 2023-2028.
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2. About IMARC Group
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strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
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developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the companyâs expertise.
IMARCâs tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Indian Apiculture
Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast
2023-2028," the Indian apiculture market size reached INR 23,060.5 Million in
2022.
Apiculture, also known as beekeeping, is the study and practice of cultivating
bees on a commercial scale to produce products such as honey, propolis, royal
jelly and beeswax. Apiculture involves mass breeding of bees in apiaries where
beehives are set up and placed in areas with a high concentration of flowering
plants.
Apis Indica, or Indian bee, is the most commonly reared and domesticated bee
species in India due to its high yield of honey every year. Honey, produced by
bees using the nectar or sugary secretions of plants, serves as a vital
ingredient in various food dishes, and cosmetics and pharmaceutical products.
Apart from this, the beeswax obtained from beehives is used in the
manufacturing of candles and polishes for footwear and furniture.
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honey-beekeeping-apiculture-market/requestsample
4. Report Description
Indian Apiculture Market Trends:
The growing ayurvedic industry in India is one of the key factors driving the market growth. Ayurveda is the
ancient Indian medicinal system which prescribes extensive usage of honey owing to its medicinal properties.
Rising awareness among the masses regarding the benefits of honey has shifted their preference to Ayurveda as
a more natural alternative science of healing. People are now widely incorporating honey in their daily diet to
ensure maintaining a healthy immune system.
Additionally, honey is a known remedy for the treatment of various respiratory, skin and vision issues without any
side-effects, which is also augmenting the consumption of honey in the country. Consequently, manufacturers in
the food and beverage industry are launching varied products with honey as the key ingredient. Furthermore,
owing to the medicinal benefits of honey and beeswax, industries such as pharmaceutical, and beauty and
personal well-being are extensively utilizing them in the manufacturing of their products, thus contributing
significantly to the market growth.
Looking forward, the market is expected to reach a value of INR 44,814.7 Million by 2028, expanding at a
CAGR of 11.65% during 2023-2028.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/india-honey-beekeeping-apiculture-
market
5. Report
Segmentation
Product Type Insights:
⢠Honey
⢠Beeswax
Application Insights:
⢠Direct Consumption
⢠Food and Beverages
⢠Pharmaceuticals
⢠Cosmetics
⢠Others
Regional Insights:
⢠North India
⢠South India
⢠East India
⢠West India
7. Key Questions
Answered in
the Report
What was the size of the Indian apiculture market in 2022?
What is the expected growth rate of the Indian apiculture
market during 2023-2028?
What are the key factors driving the Indian apiculture market?
What has been the impact of COVID-19 on the Indian
apiculture market?
What is the breakup of the Indian apiculture market based on
the product type?
What is the breakup of the Indian apiculture market based on
the application?
What are the key regions in the Indian apiculture market?
Who are the key players/companies in the Indian apiculture
market?
8. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Indian Apiculture Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Application
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SW OT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 W eaknesses
5.8.4 Opportunities
5.8.5 Threats
9. Table of
Contents
5.9 Value Chain Analysis
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 Market Breakup by Product Type
6.1 Honey
6.1.1 Market Trends
6.1.2 Competitive Landscape
6.1.3 Price Analysis
6.1.4 Mark et Forecast
6.2 Beeswax
6.2.1 Mark et Trends
6.2.2 Competitive Landscape
6.2.3 Price Analysis
6.2.4 Mark et Forecast
7 Market Breakup by Application
7.1 Direct Consumption
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Food and Beverages
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Pharmaceuticals
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
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apiculture-market/toc
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