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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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Products Chapter

The two major product categories in this industry are honey and pollination services. Over the past five years, the percentage of income from pollination services has increased and overtaken honey. Honey imports satisfy the majority of domestic demand for the product.

Honey

Honey is purchased directly by the food manufacturing industry, as an ingredient in other food products, and directly by consumers. Per capita consumption of honey in the US has remained relatively constant over the past several decades at about one pound per year. However, domestic honey production accounts for a shrinking portion of consumption as plentiful, lower-cost imports continue to penetrate the domestic market... 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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