A recent report published by Infinium Global Research on royal jelly market provides in-depth analysis of segments and sub-segments in the global as well as regional royal jelly market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional royal jelly market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global royal jelly market.
Royal jelly is a nutrient-rich secretion produced by worker bees, primarily fed to larvae and the queen bee in a beehive. It's a milky substance secreted from glands in the heads of nurse bees, containing water, proteins, sugars, fats, vitamins, and essential minerals. Highly esteemed for its purported health benefits, royal jelly is believed to boost immune function, enhance skin health, and provide nutritional support due to its amino acids, vitamins (especially B-complex), and fatty acids content. Its potential therapeutic properties have led to its inclusion in various health supplements, skincare products, and alternative medicine practices. Despite limited scientific consensus on its exact health effects, the market for royal jelly continues to grow, driven by consumer interest in natural remedies and wellness products. Ongoing research aims to uncover additional applications and benefits of royal jelly, further expanding its potential in the health, beauty, and functional foods industries.
The increasing beekeeping activities are driving the market for the royal jelly market. Greater hive production results in an increased yield of the powerful queen bee elixir, fueling its prominence in the health and wellness sector. Driven by consumer demand for natural remedies, there's a significant uptake of supplements and beauty merchandise infused with royal jelly, thereby elevating its market worth. Moreover, royal jelly is well known for its protective effects on reproductive health, neurodegenerative disorders, wound healing, and aging. Thus, as consumers are health-conscious, there is a rising trend for higher consumption of natural supplements for health and beauty. As more people become informed about the various health benefits associated with royal jelly, such as its potential as a natural supplement for health and beauty, there's an increased interest and demand for products containing royal jelly. As a result, this rising demand directly contributes to the growth and expansion of the royal jelly market as businesses strive to meet this increasing consumer interest and capitalize on the trend. However, occurrences of allergic reactions could impede the growth trajectory of the royal jelly market. The spectrum of allergic responses stemming from ingesting royal jelly spans from mild cases, like slight gastrointestinal discomfort, to severe outcomes such as asthma, anaphylaxis (shock), intestinal bleeding, and, in extreme instances, fatalities in individuals highly allergic to bee products. Therefore, these instances of allergic reactions have the potential to hinder the growth trajectory of the royal jelly market. Moreover, advancements in research and development open avenues for diverse royal jelly product formats and delivery mechanisms. Anticipate a market expansion beyond conventional raw jelly to encompass capsules, beverages, topical creams, and functional food varieties incorporating royal jelly. Therefore, the increasing focus on research and development in royal jelly production presents a significant opportunity for market expansion.
North America commands a substantial portion of the royal jelly market due to various factors. Its robust market presence is attributed to a burgeoning health-conscious consumer base seeking natural supplements and beauty products. Additionally, the region's emphasis on wellness trends and the widespread availability of royal jelly-infused items across retail channels contribute to this market dominance. North America's receptiveness to innovative health solutions and the proactive marketing strategies adopted by companies further solidify its significant share in the royal jelly market. Moreover, the Asia Pacific region emerges as the fastest-growing market for royal jelly due to increasing consumer awareness, cultural integration of natural remedies, and the rising demand for health and beauty products. This region's rapid adoption of royal jelly-based supplements and skincare amplifies its prominence within the market.
Report Coverage | Details |
---|---|
Market Size in 2022 | USD 1.5 Billion |
Market Size by 2030 | USD 2.22 Billion |
Growth Rate from 2023 to 2030 | CAGR of 4.37% |
Largest Market | North America |
No. of Pages | 255 |
Market Drivers |
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Market Segmentation | By Application, By Type, and By Form |
Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on provides a detailed analysis of segments in the market based on Application, Type, and Form.
· Liquid
· Capsule
· Gel
· Liquid
· Capsule
· Gel
· Liquid
· Capsule
· Gel
· NOW Health Group Inc.
· GloryBee
· BeeAlive
· Honey Pacifica
· FAME Pharmaceuticals Industry Co., Ltd
· Famille Mary
· Hi Tech Natural Products India Limited
· Sunlite India Agro Producer Company Ltd.
· Hani Honey Company
· Well Bee-ing UK LTD
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the royal jelly market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.