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Beekeeping in the US - Industry Market Research Report

  • ID: 239380
  • Report
  • Region: North America, United States
  • 36 Pages
  • IBISWorld
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<p>Sticky situation: As more agricultural producers demand honeybees for pollination, revenue will likely increase</p>

Beekeeping in the US

Over the five years to 2019, the Beekeeping industry experienced positive trends. In the wake of stagnant demand for honey, sugar and sweeteners, industry operators have become more reliant on offering pollination services to supplement honey revenue. According to the USDA, which started collecting data on pollination services in 2015, revenue from this segment has been propelling industry revenue upward. Today, pollination services account for a majority of industry revenue, with many almond producers in California demanding honeybees for pollination services. . Despite a large decline in honey sales in 2017, rising revenue for pollination services has helped increase industry revenue over the five years to 2019. Due to the rising cost of pollination services and a rising price of honey, the average industry profit margin is expected to expand. Over the five years to 2024, the analyst forecasts that industry revenue will grow.

Operators in this industry raise bees. They may collect and gather honey and sell bees, royal jelly, beeswax, propolis, pollen, venom and other bee products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Note: Product cover images may vary from those shown
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ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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