Food & beverages is the single largest segment for bee products, mainly due to their wide application base as an ingredient as well as supplement. Food & beverages accounted for over 82.2% of the global apiculture market in terms of revenue in 2014.

The applications of honey has expanded at a rapid pace in the food & beverages industry and is primarily driven by the demand for healthy and natural products in developed as well as developing nations. Acquisitions and expansions are few of the growth strategies employed by the key players in this industry to gain competitive advantage over their peers.

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Scope and Regional Forecast of the Apiculture Market:
North America is one of the leading consumers of the Apiculture Market with high scope for natural beekeeping and beekeeping jobs in regional apiary culture. The US has high demand for honey for food and beverages, pharmaceuticals and cosmetics industries through 2020.

Asia Pacific is the largest consumer of the Apiculture Market with high amount of honey produced and consumed compared to other regions. China and India are the major consumers of the honey in this region. Europe has high demand for the honey which is encouraging commercial beekeeping in the region during 2015-2020.

The key players in the Apiculture Market according to the IndustryARC research report are as follows:
• 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.)

The Apiculture Market is a huge market with high demand for honey in food and beverages and other respective end user industries related to honey harvesting and honey bee farming. This market is expected to have high growth due to its consumption by regular population for various purposes and it is expected to witness growth in demand due to the rise in population across the globe during 2015-2020.