Google is your friend Finman,there is plenty of research if you have the time to look.
Bit from that guy over the pond...you can find more yourself.
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Sugar syrup has a much higher pH (6.0) than Honey (3.2 to 4.5) (Sugar is more alkali). Conversely, honey has a much lower pH than sugar syrup (Honey is more acidic). This affects the reproductive capability of virtually every brood disease in bees plus Nosema. They all reproduce better at pH 6.0 than at 4.5.
Chalkbrood as example
"Lower pH values (equivalent to those found in honey, pollen, and brood food) drastically reduced enlargement and germ-tube production. Ascosphaera apis appears to be a pathogen highly specialized for life in honeybee larvae." --Author. Dept. Biological Sci., Plymouth Polytechnic, Drake Circus, Plymouth PL4 8AA, Devon, UK. Library code: Bb. Language: En. Apicultural Abstracts from IBRA: 4101024
"Similar information is available concerning other bee diseases. Try a search for pH and AFB or EFB or Nosema and you’ll find similar results on their reproductive capability related to the pH or honey and sugar syrup
"Differences in pH affect other beneficial and benign organisms in the hive. The other 8,000 microorganisms that are also in the hive are affected by changes in pH. Using sugar syrup also disrupts the ecological balance of the hive by disrupting the pH of the food in the hive and the food in the bees’ gut. "
These are some acids in honey.
Acid content
The average pH of honey is 3.9, but can range from 3.4 to 6.1. Honey contains many kinds of acids, both organic and amino. However, the different types and their amounts vary considerably, depending on the type of honey. These acids may be aromatic or aliphatic (non-aromatic). The aliphatic acids contribute greatly to the flavor of honey by interacting with the flavors of other ingredients. Gluconic acid, for instance, is a flavor enhancer.
Honey can contain up to 18 of the 20 amino acids. However, amino acid content is almost negligible in honey, accounting for only 0.05–0.1% of the composition. The main amino acid is proline. Amino acids are derived almost solely from the bodies of the bees.
Organic acids comprise most of the acids in honey, accounting for 0.17–1.17% of the mixture. Gluconic acid is the most prevalent. Gluconic acid is formed by the actions of an enzyme called glucose oxidase. Other organic acids are minor, consisting of formic, acetic, butyric, citric, lactic, malic, pyroglutamic, propionic, valeric, capronic, palmitic, and succinic, among many others.[23][24]