rising demand for reputable brand products at low cost and the supply shortage of royal jelly in the market lead to the sale of counterfeit royal jelly
POTLAND, UNITED STATE, Sept. 14, 2022 /EINPresswire.com/ — According to a new report published by Allied Market Research entitled “Royal Jelly Market,” the royal jelly market size was valued at $1.4 billion in 2021 and is estimated to be $2.1 billion in 2031, at a CAGR of 3.9% from 2022 to 2031.
The hypopharyngeal gland of young worker bees (nurse) produces royal jelly to nourish young larvae and the adult queen bee. Fresh royal jelly is a homogeneous product with the consistency of a thin paste. It is light in color with yellow or brown hues, has a strong phenolic smell and has a characteristic spicy sour-sweet taste. The jelly consists of about 57% to 70% water, 10% to 16% sugar, 13% to 15% protein, 2% to 3% minerals and 3% to 6% fat, salts and amino acids. The composition of fresh royal jelly differs depending on the place and climate in which beekeeping is practiced.
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Royal jelly is generated by coaxing colonies to develop queen bees outside of their natural environment (swarming or queen replacement). It is only possible with mobile comb cabinets and requires relatively little cost. Skilled individuals are needed who can devote significantly more time to the production of other honey by-products than is normally required. Without this necessity it is only in rare cases feasible to collect the contents of natural swarm cells, and this amounts to just over two to three grams per hive. During a 5-6 month season, a well-managed hive can produce about 500g of royal jelly. Because of the increased perishability risk of the royal jelly, manufacturers have quick access to suitable refrigerated storage, such as a household small quantity freezer and an industrial large quantity freezer, where the royal jelly is stored until it is sold or delivered to a collection point.
Bees are one of the hardest-working insects on the planet. As a result, they pollinate and reproduce many cultivated and wild plants, which are vital to food supply, human livelihoods and biodiversity. Climate change, intensive farming, pesticide use, habitat loss and pollution have all impacted bees, according to the Food and Agriculture Organization (FAO), leading to a decline in the world’s population. In addition, beeinformed.org reported that beekeepers in the United States lost 45.5 percent of their managed honeybee colonies between April 2020 and April 2021. In addition, the limitation of mobility during the crucial period of the pandemic has hindered the import and export of live bees, leading to a decrease in royal jelly production. As a result, the development of the royal jelly market is hampered by the overall decline rate of bee colonies.
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In recent years, online shopping has emerged as a new sales channel. The world has embraced the use of internet purchasing platforms. The benefits of online shopping include convenience, time savings and the ability to access different selections with one click. According to the United Nations Conference on Trade and Development (UNCTAD), the e-commerce industry will grow by 34.4 percent in 2021, while online retail sales will increase by 34.4 percent from the previous year. The UK has the highest percentage of online retail sales, according to the survey from 17.0 percent in 2019 to 27.5 percent in 2021. The rising share suggests that individuals are switching to online purchases and internet shopping is becoming more popular. With customers having easy access to their favorite items, the availability of internet connectivity and digital advertising for royal jelly products increases sales of cosmetics and nutraceuticals made with royal jelly. The increase in online purchases of royal jelly is driving the demand in the royal jelly market and the growth of the royal jelly market.
The Royal Jelly market is segmented into Application, Type, Shape and Region. Depending on the application, the market is classified into food and beverage, health care, nutritional supplements, cosmetics and others. Depending on the type, it is separated into fresh royal jelly and royal jelly extract. By form, it is divided into liquid, capsule and gel. In terms of region, it is analyzed in North America (US, Canada and Mexico), Europe (Germany, UK, France, Italy, Spain, Belgium and rest of Europe), Asia-Pacific (China, Japan, India , Australia , South Korea, Indonesia and the rest of Asia-Pacific) and LAMEA (Middle East, Africa and Latin America).
The players operating in the global royal jelly market have adopted various development strategies to expand their royal jelly market share, increase profitability and remain competitive in the market. Key players profiled in this report include Durham’s Bee Farm, Glory Bee, Jiangshan Bee Enterprise, Nestlé SA, Now Health Group, Inc., Nu-Health Products, Shamee Bee Farm Source Naturals, Inc, YS Organic Bee Farms and Yamada Bee. farm, inc.
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