Beekeeping in the US
Like much of the US agricultural sector, the Beekeeping industry is influenced by weather patterns, import competition and the threat of disease outbreak. Of these, the threat of disease has particularly defined the industry in recent years. As a result, hives died because they could not sustain themselves without worker bees. This has wiped out much of the domestic capacity for honey production over the past five years. The Beekeeping industry is not expected to experience much structural change over the five years to 2023; however, industry revenue is anticipated to return to growth. Moreover, industry revenue is expected to increase due to increasing per capita consumption of sugar and sweeteners. With rising demand and the growing need for honey bees for pollination services, IBISWorld expects future conditions to benefit industry operators.
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.
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