Apiculture Market: high R&D to prevent varroa mite attack and effect on honey bees and diseases by researchers
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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