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Beekeeping in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Beekeeping Market Research Report | NAICS 11291 | Dec 2013

Sticky situation: Affordable imports will hurt revenue, but new uses of honey will offset some losses

IBISWorld’s Beekeeping market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$298m
Annual Growth 08-13
4.0%
Annual Growth 13-18
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Profit
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Employment
26,230
Businesses
5,001
Industry Analysis & Industry Trends

The industry has experienced volatile patterns, with rising import volumes and the threat of colony collapse disorder adversely affecting its performance. In particular, the increasing penetration of imports will place downward pressure on the price of US honey. Growth will remain stunted over the next five years, though an expansion into territories like medicine and pollination services will help offset major revenue declines... purchase to read more

Industry Report - Industry Key Buyers Chapter

The US Beekeeping industry is highly fragmented because it includes a large number of small farms. Cooperative members of Sioux Honey Association account for a large proportion of honey produced in the United States at about one-fifth of total Beekeeping industry production; however, it is a cooperative made up of many small producer members and technically does not qualify as an operator in itself. No individual honey producer makes up more than 5.0%. Furthermore, revenue per enterprise is very low. In 2013, IBISWorld estimates that each beekeeping firm brings in about $60,000 in industry-relevant sales... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Beekeeping Industry?

This industry comprises establishments that are primarily raise bees. These establishments may collect and gather honey, sell bees, royal jelly, bees' wax, propolis, pollen, venom and other bee products.

Industry Products
HoneyBeeswaxLive beesOther productsPollination services
 
Industry Activities
Bee productionBeeswax productionQueen bee productionHoney bee productionPropolis production, beesBee pollen collection


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