Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 330 Million | USD 530 Million | 4.95% | 2022 |
FrequentlyAsked Questions
Bee venom extract is a naturally occurring toxin that is produced by honeybees.
The global bee venom extract market is expected to register a steady CAGR owing to the increasing rate at which end-consumers are now showing an inclination toward naturally-occurring or organic products as opposed to chemically manufacturing personal care items or other consumables.
According to study, The global bee venom extract market size was worth around USD 330 Million in 2022 and is predicted to grow to around USD 530 Million by 2030
The CAGR value of bee venom extract market is expected to be around 4.95% during 2023-2030.
The global bee venom extract market is projected to register the highest growth in North America with the US acting as a key source of revenue.
The global bee venom extract market is home to players like Honson Pharmatech Group Ltd., ApiHealth NZ Ltd., Karin Herzog SA, Swanson Health Products, Beekeeper's Naturals, Nature's Laboratory Ltd., Croda International plc, Laboratorios Dr. Esteve S.A., Hargol FoodTech, Roshan Biotech Pvt. Ltd., Yakov Gershkovich, Ibiosys Solutions SAS, SRS Aromatics Ltd., Life Health Foods UK Ltd., Nutraceuticals Group Europe Ltd., Zhejiang Wanfeng, Poison Garden, Medicines Group Co., Ltd., and Nectar Ease Ltd.
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