The nutritious value of royal jelly is piquing consumers’ curiosity. Consumers are becoming more knowledgeable about royal jelly and its applications. Gamma globulins, which are crucial amino acids in the immune response, are found in royal jelly. The amino acid also includes a small amount of asparagine, which aids in tissue development. The lipids in royal jelly contain 10-hydroxy-2-decanoic acid (10-HDA), which aids in development, the hormone system, and the immunological system. The popularity of royal jelly among customers is driving up demand for the product. In previous decades, the predominant application of royal jelly in North America and Europe was in cosmetics. Currently, with the increase in popularity of royal jelly, the primary usage of royal jelly has been increasing in the nutritional supplement industry which is expected to increase the royal jelly market size.
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The royal jelly market is segmented into application, type, form, and region. Depending on the application, the market is classified into food & beverages, healthcare, dietary supplements, cosmetics, and others. Depending on type, it is segregated into fresh royal jelly and royal jelly extract. By form, it is categorized into liquid, capsule, and gel. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Belgium, and rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Indonesia, and rest of Asia-Pacific), and LAMEA (Middle East, Africa, and Latin America).
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On the basis of type, the royal jelly extract segment gained a major share in the global market in 2021 and is expected to sustain its market share during the royal jelly market forecast period. The growth of this segment is due to the increased usage of freeze-dried royal jelly in different sectors as it is easy to handle and has a lower chance of deterioration than fresh royal jelly. Dietary supplements are not regulated at all and do not require a prescription. Together with the royal jelly product’s demand and widespread availability, offers a favorable environment for royal jelly extract sales growth. The royal jelly extract is mostly added in dietary capsules and soft gels, accounting for the vast bulk of royal jelly extract sales in the dietary supplement industry. The rising popularity of royal jelly’s advantages is encouraging food makers to include royal jelly extract in their products.
Key Benefits of the Report:
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the royal jelly market analysis from 2021 to 2031 to identify the prevailing royal jelly market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the royal jelly market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the royal jelly industry.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global royal jelly market trends, key players, market segments, application areas, and market growth strategies.
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