5 Most Profitable Agricultural Business Ideas for Young Entrepreneurs

4. Beekeeping Business

Market Size (2022): $9.48 Billion

Forecasted Market Size (2029): $11.66 Billion

Number of Mentions: 6

According to our methodology, setting up a beekeeping business is one of the most profitable agricultural business ideas for young entrepreneurs. Budding entrepreneurs can decide whether they keep bees for pollination or to extract honey. Apiculture is the technical name for beekeeping. According to a report by Maximize Market Research, the global apiculture market was valued at $9.48 billion in 2022. The global apiculture market is expected to grow to $11.66 billion by 2029 at a compound annual growth rate of 3%.