Global Royal Jelly Market, By Type; By Ingredients; By Forms; By End Product Application; By Distribution Channel -Estimation & Forecast, 2017-2030

Global Royal Jelly Market: A Journey from USD 1.08 Bn to US$ 1.71 Bn by 2030 at a CAGR of 5.83%

The global royal jelly market, valued at USD 1.08 Bn in 2022, is projected to experience substantial growth, achieving a size of US$ 1.71 Bn by 2030. The market is expected to progress at a compound annual growth rate (CAGR) of 5.83% during the forecast period. The volume of the royal jelly market, similarly, is set to increase from 10,143 tons in 2022 at a CAGR of 5.28%.

Growth Influencers:

The growth of the global royal jelly market is significantly driven by its increasing medicinal applications due to its favorable properties such as antioxidant and anti-inflammatory effects. However, the market faces some resistance due to potential side effects linked to royal jelly consumption, including allergic reactions and gastrointestinal issues. Strategies to mitigate these effects and create products with minimized side effects could pave the way for sustained market growth.

Segment Overview:

The global royal jelly market is segmented based on type, ingredients, forms, application, and end-user. Below is the detailed breakdown:

By Type

• Fresh Royal Jelly
• Royal Jelly Extract

The Royal Jelly Extract holds a dominant position with over 75% of the market share in 2022.

By Ingredients

• Water
• Protein
• Carbohydrates
• Lipids
• Mineral Salts
• Vitamins
• Others

The protein segment leads the market with more than 30% of the market share in 2022, suggesting a high demand for protein-rich royal jelly products.

By Forms

• Liquid
• Capsules
• Gel
• Others

The capsule form is prevalent, holding over 35.7% of the market share, reflecting the preference of consumers for convenient and easy-to-consume products.

By Application

• Food & Beverage
• Healthcare
• Cosmetics
• Dietary Supplements
• Others

The healthcare sector shows the highest growth, with a CAGR of 6.12%, indicating the growing adoption of royal jelly in health and wellness products.

By End User

• Online
• Offline
• Hypermarket
• Supermarket
• Retail Stores

The offline channels dominate with a market share of 86.5% in 2022, suggesting a persistent preference for physical stores for purchasing such products.

Regional Overview:

The market presence of royal jelly varies across different regions. Here's the overview:

The royal jelly market in North America, valued at US$ 207.03 Mn in 2022, is anticipated to reach US$ 325.93 Mn by 2030, reflecting a steady growth trend. Holding the highest market share of 62.9% in 2022, the Asia Pacific region also showcases the highest growth rate, thus emerging as a dominant and fast-growing royal jelly market.

North America

• The U.S.
• Canada
• Mexico

Europe

• Western Europe
• The UK
• Germany
• France
• Italy
• Spain
• Rest of Western Europe
• Eastern Europe
• Poland
• Russia
• Rest of Eastern Europe

Asia Pacific

• China
• India
• Japan
• Australia & New Zealand
• South Korea
• ASEAN
• Rest of Asia Pacific

Middle East & Africa (MEA)

• Saudi Arabia
• South Africa
• UAE
• Rest of MEA

South America

• Argentina
• Brazil
• Rest of South America

Competitive Landscape:

The market is consolidated with major players such as Durham's Bee Farm, Forever Living.com, LLC, Jiangshan Bee Enterprise, NOW Foods, and others, jointly holding 70-80% of the market share. The competitive strategies, such as Forever Living's marketing plan and Swanson's launch of a mobile website, further intensify the market competition.

Questions to be Answered in the Report:

• What are the key drivers and restraints of the global royal jelly market?
• What is the market share of each segment and region in the global royal jelly market?
• How will each segment of the global royal jelly market grow over the forecast period, and what will be their value by the end of 2030?
• What are the key strategies adopted by leading players in the global royal jelly market?