The $7.6B almond industry keeps 30B bees buzzing, but it’s not that sweet for beekeepers

The growing almond industry requires 30B bees a year for pollination -- but while the nut business makes billions, beekeepers are struggling to keep buzzing.

August 17, 2018

The $7.6B California almond industry needs 30B bees a year to keep the nut-milk flowing, and it’s keeping the beekeeping industry afloat.

But, the increased buzz has also contributed to a wave of competition and crime that has prevented individual beekeepers from sharing big uncle almond’s profits.

Beekeepers make so little money… it’s just nuts

Although the almond industry is completely reliant on bees to pollinate its annual crop, the entire beekeeping industry brings just $341m

Johnston Honey Farms, one of the biggest bee farms in the US, manages about 73k hives at a value of just $14m. The largest almond farms, in contrast, grow more than $200m worth of almonds (nearly the size of the whole beekeeping industry).

So, how can bee brokers be broke? 

The main problem is a bee disease called Colony Collapse Disorder that has caused 2x as many bees to die each winter (28%) than normal (15%). 

So while pollination demand has increased, colony supply decreased from a high of 3.5m to a low of 2.3m, forcing hard-hit individual beekeepers to become mere ‘hives for hire’ in the almond biz.

To make things worse, some beekeepers like Lloyd Cunniff spend huge amounts of time and money transporting bees across the country for California almond pollination — only to have as many as 50m bees (worth more than $1m) stolen by bee-napping operations.

Join 1.5m+ professionals getting The Hustle daily news brief

Business and tech news in 5 minutes or less

100% free, no ads or spam, unsubscribe anytime


How'd Bezos build a billion dollar empire?

In 1994, Jeff Bezos discovered a shocking stat: Internet usage grew 2,300% per year.

Data shows where markets are headed.

And that’s why we built Trends — to show you up-and-coming market opportunities about to explode. Interested?

Join us, it's free.

Look, you came to this site because you saw something cool. But here’s the deal. This site is actually a daily email that covers the important news in business, tech, and culture.

So, if you like what you’re reading, give the email a try.

If you don’t like it, unsubscribe any time. Privacy policy.