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on March 28, 2024
This Bee products market report published by Data Bridge Market Research gives all-inclusive data regarding the market. This Bee products market report firstly introduces market by definition, application, classification and Specification. It provides the data of the market dynamics, market trends and market growth. Competitive landscape of the market is also taken into account while developing this research report. The data mentioned in this report is validated by the research analyst and expert so that the authentic information of the market is reached to the consumers. Additionally, the report tracks the latest developments and advancements in the market.
Global bee products market is supportive and aims to have significant nutritional properties and functional values which positively contributes toward excellent health maintenance, well-being, and reduced chronic illness.
Data Bridge Market Research analyses that global bee products market will grow at a CAGR of 5.7% during the forecast period of 2022 to 2029.
Bee products (including honey, bee bread, bee collected pollen royal jelly, propolis, beeswax, and bee venom) over the past decade. The various bee products including honey is the most emerging and promising source which provides potential health benefits that can be utilized effectively by the pharmaceutical industry. These bee products are an excellent source of numerous nutritional ingredients including vitamins, minerals, calcium, and antioxidants.
Growing demand for bee products from various industries is expected to drive the global bee products market. The increasing consumption of in bee products the food and beverages industry as flavouring and sweetening agent providing market growth for the global bee products market. However, the availability of limited labour-power further impacted the production of end products are expected to hamper the market growth.
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Key Growth Drivers in Bee products market
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Increasing consumer awareness regarding the health benefits of bee products
Bee products such as honey, propolis, bee pollen, royal jelly, bee bread, beeswax, and bee venom, are for nutritional and medicinal purposes. It is used in the domain of cancer and various infectious disease management. Honey is one of the most versatile bee products that possess a wide range of properties and applications. It is an essential part of food and medicine that can help the body and the brain in several ways. The consumption of honey-based products has been associated with a large number of health benefits.
Honey is high in antioxidants such as phenolic acids and flavonoids which support better health. Due to this, it improves cholesterol levels that could help in decreasing the risk for heart disease by reducing the chance of abnormal heart rhythm and stroke. As a result, it lessens the chances of sudden cardiac death with heart disease and others. The other constituents of honey are vitamins and minerals, including B vitamins, amino acids, antibiotic-rich inhibin, proteins, and micronutrients.
Consumers are getting more aware regarding the consumption of bee products for increasing the health benefits which enhances the demand for honey ingredients in the forecast year. Honey based products have grown in popularity among consumers due to their ability to provide various types of health benefits. Growing health-related issues has increased the demand for honey-based products which results to enhance the market growth, for this reason, consumer awareness regarding the health benefits of bee products are expected to drive the growth of the global bee products market.
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The rising burden of lifestyle disorder leads to demand for bee products
Bee products such as honey have nutrient enrichment in food which brings a positive effect on the immune system and provides health-related benefits. In the today's time, there is a growing burden of diseases due to changes in lifestyle. The consumption of honey-based products benefits the various types of lifestyle diseases such as asthma, cancer, inflammatory bowel diseases such as crohn's disease, and ulcerative colitis among others. Another bee product called propolis is a natural resinous mixture that is produced by honeybees from substances collected from parts of plants, buds, and exudates used in various diseases. Due to its antimicrobial, antiviral, and antioxidant properties, it is widely used in wound healing, treatment of burns, acne, herpes simplex, genitals, and neurodermatitis.
The burden of chronic diseases is rapidly increasing across the world. The consumption of honey products reduces the risk of heart-healthy decreases also it is consumed to reduce the risk of coronary heart disease and heart attack. Nutrition and diet are the most important factors for maintaining good health throughout the entire life course, for this reason, the rising burden of lifestyle diseases leads to the demand for bee products is expected to drive the growth of the global bee products market.
Opportunities
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Increasing processing technologies for bee products
Bee products are used for nutritional as well as medicinal purposes. These technologies are highly used to assess authentication, adulteration detection, quality, safety, and traceability of bee products. The increased advancements in technologies have started the fabrication of products into a smoother, tastier, and better version of food luring people across the world towards them. Various advanced food processing techniques are used for bee products. Some of which are ultra-sonication, microwave, and infrared (IR) irradiation that are gained popularity as alternatives or combined with conventional processing techniques for diverse applications in apiculture products at a laboratory or industrial scale.
The processing techniques which are currently used for each bee product have comprehensively included drying traditional drying, infrared drying, microwave-assisted traditional drying or vacuum drying, and low temperature high velocity-assisted fluidized bed drying, storage, extraction, isolation, and identification. The increasingly processing techniques for bee products provide more healthy active ingredients largely and effectively. Advancements in technologies have enhanced the improved product quality with a shorter processing time and reduced operational costs are achieved using conventional or emerging processing techniques. Thus, increasing processing technologies to increase the production of bee products is expected to create lucrative opportunities in the global bee products market growth.
Asia-Pacific is expected to dominate due to increasing technological advancement in the developing areas.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The major companies which are dealing in the Bee Products Market
Comvita Limited and its subsidiaries., Dabur India Ltd., Local Honey Man, Wax Green, BeeMaid Honey limited, Natural Life Australia, Barkman Honey, LLC, Beeyond the Hive, Apis Flora, Bee Health Limited, MN Própolis, Beekeeper's Naturals, Inc., King's Gel, Chung Jin Biotech Co., Ltd. Beeyond the Hive, BeeVital Propolis, SDM Nutraceuticals Inc., Uniflora.us, Royal Bees, Y.S. Eco Bee Farm,SUNYATA PON LEE, Apiario Polenectar, LEHNING GROUP, among others.
Key Market Perspectives:
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Thorough examination of prevailing market tendencies
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Updates on the latest product advancements and innovations
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Bee Products Market market's Compound Annual Growth Rate (CAGR) for both historic and forecasted years
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Strategies and activities of prominent players and brands in the field
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Insights into the industry landscape for emerging participants
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By Product Type (Honey, Beeswax, Beevenom, Royal Jelly, Propolis and Others), Nature (Conventional and Organic), Distribution Channel (Direct and Indirect),
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Topics:
bee products