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Home › Industry Metrics › NAICS 11291

NAICS 11291 - Apiculture

NAICS 11291 - APICULTURE
NAICS 11291 Apiculture NAICS 11292 Horses and Other Equine Production NAICS 11293 Fur-Bearing Animal and Rabbit Production NAICS 11299 All Other Animal Production
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This industry comprises establishments primarily engaged in raising bees. These establishments may collect and gather honey; and/or sell queen bees, packages of bees, royal jelly, bees' wax, propolis, venom, and/or other bee products.

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This industry comprises establishments primarily engaged in raising bees.

These establishments may collect and gather honey; and/or sell queen bees, packages of bees, royal jelly, bees' wax, propolis, venom, and/or other bee products.

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NAICS 11 Agriculture, Forestry, Fishing and Hunting
NAICS 112 Animal Production
NAICS 1129 Other Animal Production
NAICS 11291 Apiculture
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Industry trends

NAICS 11291, Apiculture, is experiencing a surge in both technological advancements and consumer awareness regarding the environmental impact of bee populations. Increasing focus on sustainability and biodiversity is driving the adoption of precision apiculture, where sensors and data analytics are used to monitor hive health, optimize production, and mitigate risks related to diseases and pests. Hive management apps and AI-driven analytics are becoming commonplace, enhancing productivity and reducing labor costs.

Another significant trend is the growing market for organic and pesticide-free honey. Consumers are increasingly willing to pay a premium for products perceived as healthier and environmentally friendly. This is encouraging beekeepers to adopt organic practices and certify their offerings, thereby opening up new market opportunities both domestically and internationally.

Forecasts suggest that the apiculture industry will continue to grow, driven by increasing demand for honey and other bee products such as royal jelly, beeswax, and propolis in wellness and cosmetics industries. Furthermore, the importance of pollination services to agriculture is expected to rise, prompting further investment in beekeeping as a crucial component of agricultural sustainability. Enhanced public and private sector support for research on bee health and conservation is also anticipated to bolster the industry in the near future.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 3%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 70%

Loan Failure Rate 3%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 3%

Total Companies in this Industry 15
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Explore related industries

  • NAICS 11291 Apiculture
  • NAICS 112910 Bee production (i.e., apiculture)
  • NAICS 112910 Beeswax production
  • NAICS 112910 Honey bee production
  • View all related industries

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