- The key vendors in the apiculture market in China 2015-2019 are Anhui Mizhiyuan Food Group Co. Ltd., Beijing Zhifengtang Bee Products Co. Ltd. and Zhejiang Wanlong Health Care Food Co.
London, 22 April 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Apiculture Market in China 2015-2019. Growing prominence of organic products is one of the major trends emerging in the market. Changing consumer preferences are compelling vendors to produce organic bee products. There has been an increased demand for organic honey and royal jelly. The apiculture market in China is expected to grow at a CAGR of 7.30% during 2014-2019.
China has always been a significant player in the global apiculture market. It is the world’s largest producer of honey and holds a dominant share in the export market. China has low-cost labor and resources. Moreover, increasing globalization and international trade are driving market growth, which is aided by greater technical knowledge and expertise.
“China is investing outside the country and buying institutions, factories, and farms worldwide to facilitate honey exports,” says Faisal Ghaus, Vice President of Technavio Research.
“There have been instances where the addition of color and pollen to honey has allowed Chinese vendors to leverage the integrity of the developing country they were operating in by labeling the honey with its origin instead.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
