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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 2014

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
$334m
Annual Growth 09-14
7.2%
Annual Growth 14-19
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Profit
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Employment
30,364
Businesses
5,761
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 Investment Chapter

The Beekeeping industry has a high level of capital intensity. IBISWorld estimates that for every dollar spent on labor, beekeepers invest $0.96 in capital equipment. Frames and containers are a necessary requirement for beekeeping, and producers may also purchase nucleus colonies, which already consist of frames and bees, enabling a hassle-free establishment of a hive. In addition, some producers require extracting equipment and bottling materials for honey production. Other industry-relevant supplies include smoking equipment (also known as smokers) and protective gear. Smokers generate smoke that calms bees, while also masking alarm pheromones released by guard bees. Consequently, while a smoker is at work, beekeeper can open the hive and work without triggering a defensive reaction... 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 productionHoneybee productionPropolis productionBee pollen collection


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