Report Ocean published a recovery-based report for ‘Global Royal Jelly Market’ that provides crucial details on company opportunities, growth plans, trends, innovations, the competitive landscape in 2022, and the geographic outlook. Based on relevant market and regional segmentation, a thorough assessment of this worldwide market includes the historical analysis of this market (from 2023 to 2032) and develops reliable and approximative timeline estimations up to 2032.
Global Royal Jelly Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2032. Royal jelly is a White colored secretion which is produced by worker bees for consumption of the queen bee. Royal jelly is also known Honeybee’s Milk. Royal jelly is widely used as an herbal supplement. It also helps in slowing down premature skin aging and reduces dark spots linked to age. Growing Healthcare industry and rising health consciousness among consumers are key drivers for the growth of Royal Jelly market.
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For instance, according to World Health Organization (WHO)’s “Global expenditure on health: Public spending on the rise 2021 report”- Global spending on health more than doubled over the past two decades, reached to USD 8.5 trillion in 2019, or 9.8% of global GDP. Also, among a group of 29 countries that have been classified as high income since 2000, health spending per capita averaged USD 4,491 and accounted for 9% of GDP in 2019, up from USD 2,923 and 7% in 2000. Also, with the increasing disposable income and rising preference of e-commerce channels by leading market players, the adoption & demand for Royal Jelly is likely to increase the market growth during the forecast period. However, high cost of Royal Jelly and regulatory requirements impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Royal Jelly market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to rising awareness for health and changing lifestyle patterns in the region. Whereas Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as the region being leading producer of royal jelly and rising medicinal application of royal jelly in the region would create lucrative growth prospects for the Royal Jelly market across Asia-Pacific region.
Major market player included in this report are:
NOW Health Group, Inc.,
Thompson Health, Pvt Ltd.
Swanson Vitamins, Pvt Ltd.
Durham’s Bee Farm, Pvt Ltd.
Puritan’s Pride, Pvt Ltd.
Nu-Health Products, Pvt Ltd.
Y.S. Organic Bee Farms, Pvt Ltd.
Solgar Inc.,
Source Naturals, Inc.
Jiangshan Bee Enterprise
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Form:
Liquid
Capsules
Gel
By Type:
Ordinary Plasma
High yield Pulp
By End Use Industries:
Food and Beverages
Healthcare
Cosmetics
Dietary Supplements
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Definition and Scope
Market Dynamics
Market Industry Analysis
Market, Regional Analysis
Analysis of Leading Companies
Competitive Intelligence
Research Process
Market Analysis and Forecast, By Product Types
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