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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Starting a New Business Chapter

Barriers to entry into the Beekeeping industry are moderate. The equipment required to enter the industry is not expensive and initial stock is relatively easy to obtain, with many established apiarists offering "nucleus colonies" for sale. Therefore, capital requirements do not impede new entrants into the industry.

However, state regulations may limit potential industry entrants. Beehives must be registered with state departments of agriculture and are subject to inspections. Furthermore, honeybees must be certified for shipment between states.

Barriers to success

There are also factors that limit operators' chance of success, which may limit new entrants into the 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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