Global Bee Venom Extract Market size is expected to reach nearly US$ 1.19 Bn by 2029 with the CAGR of 5.4% during the forecast period. The report covers the detailed analysis of the global bee venom extract market with classifications of the market on product type, nature, end-use, processing type, and region. Analysis of past market dynamics from 2018 to 2022 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it. The report has profiled six-plus key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same.Bee Venom Extract Market Snapshot
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Definition of Bee Venom Extract:
Bee venom also recognized as apitoxin is a colorless and bitter liquid. Along with American Apitherapy Association, bee therapy or Apitherapy is the therapeutic usage of products made by honeybees such as bee venom and bees. Almost 10,000 bee stings are required to make one gram of bee venom. This makes venom almost seven times more valuable than gold.Global Bee Venom Extract Market Dynamics:
The wide use of bee venom in the pharmaceutical industry is the key factor for the growth of the global bee venom extract market. The other factor that is driving the market is the technological developments that are made in the equipment which makes it easy for the manufacturers to extract the venom very easily from the beehive. The honey bee venom is the broad utilization of therapeutic items is shows a significant growth in the market particularly in the European market. For example, honey bee venom is used significantly in Europe for a very long while mostly for the treatment of rheumatic infections. On the other hand, the holder techniques of the bee venom result in the death of the honey bees if proper care is not taken is the main restraint for the bee venom extract market during the estimated period.Global Bee Venom Extract Market Segment Overview:
Based on application, the bee venom extract market is segmented into Pharmaceutical and cosmetics, and personal care products. The pharmaceutical segment held the largest market share of the global market in 2022, thanks to bee venom which helps to the recovery of many diseases. According to the Russian Institute, bee venom cures cancer and destroys the AIDS virus. Based on form, the bee venom extract market is classified into powder and liquid. The powder form is expected to grow at a CAGR of xx% during the forecast period. The venom bee is costlier and costs around $80 per gram. With antibiotic properties, it has numerous therapeutic applications.Regional Insights of the Global Bee Venom Extract Market:
Europe is the dominant market for bee venom and is expected to remain in a steady position in the market during the forecast period. The growth is attributed to extensively use for the treatment of rheumatic diseases, and live honey bees and their venom extracts both are used for medical treatments in Europe. In the North American region, the market growth is expected to slow as compared to another region. The factor that restrains the market is that there is not much availability of the beehives in the U.S., due to the absence of availability of honey bees, there is a lack of availability of venoms, thus no appropriate clinical testing or analysis can be done. Thus, the countries such as Russia, New Zealand, and Japan with some of the Eastern countries have wide-ranging applications of bee venom. It is in these countries where apitherapy is unique because of the availability of the varied products. The objective of the report is to present a comprehensive analysis of the Global Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Market dynamics, structure by analyzing the market segments and project the Global Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Market make the report investor’s guide.Scope of the Global Bee Venom Extract Market: Inquire before buying
Global Bee Venom Extract Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 0.82 Bn. Forecast Period 2023 to 2029 CAGR: 5.4% Market Size in 2029: US $ 1.19 Bn. Segments Covered: by Form Powder Liquid by Application Pharmaceutical Cosmetic & Personal care Global Bee Venom Extract Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Global Bee Venom Extract Market, Key Players are
1. Bee Whisper 2. ApiHealth NZ Ltd 3. Fernz 4. Abeeco Pure 5. Citeq Biologics 6. Others Frequently Asked Questions: 1. Which region has the largest share in Global Market ? Ans: Europe region held the highest share in 2022. 2. What is the growth rate of Global Market ? Ans: The Global Market is growing at a CAGR of 10.7% during forecasting period 2023-2029. 3. What is scope of the Global Bee Venom Extract Market (e-SUV) report? Ans: Global Bee Venom Extract Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Bee Venom Extract Market ? Ans: The important key players in the Global Bee Venom Extract Market are – Bee Whisper, ApiHealth NZ Ltd, Fernz, Abeeco Pure, Citeq Biologics, Others. 5. What is the study period of this Market? Ans: The Global Bee Venom Extract Market is studied from 2022 to 2029.
1. Bee Venom Extract Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Bee Venom Extract Market: Dynamics 2.1. Bee Venom Extract Market Trends by Region 2.1.1. North America Bee Venom Extract Market Trends 2.1.2. Europe Bee Venom Extract Market Trends 2.1.3. Asia Pacific Bee Venom Extract Market Trends 2.1.4. Middle East and Africa Bee Venom Extract Market Trends 2.1.5. South America Bee Venom Extract Market Trends 2.2. Bee Venom Extract Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Bee Venom Extract Market Drivers 2.2.1.2. North America Bee Venom Extract Market Restraints 2.2.1.3. North America Bee Venom Extract Market Opportunities 2.2.1.4. North America Bee Venom Extract Market Challenges 2.2.2. Europe 2.2.2.1. Europe Bee Venom Extract Market Drivers 2.2.2.2. Europe Bee Venom Extract Market Restraints 2.2.2.3. Europe Bee Venom Extract Market Opportunities 2.2.2.4. Europe Bee Venom Extract Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Bee Venom Extract Market Drivers 2.2.3.2. Asia Pacific Bee Venom Extract Market Restraints 2.2.3.3. Asia Pacific Bee Venom Extract Market Opportunities 2.2.3.4. Asia Pacific Bee Venom Extract Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Bee Venom Extract Market Drivers 2.2.4.2. Middle East and Africa Bee Venom Extract Market Restraints 2.2.4.3. Middle East and Africa Bee Venom Extract Market Opportunities 2.2.4.4. Middle East and Africa Bee Venom Extract Market Challenges 2.2.5. South America 2.2.5.1. South America Bee Venom Extract Market Drivers 2.2.5.2. South America Bee Venom Extract Market Restraints 2.2.5.3. South America Bee Venom Extract Market Opportunities 2.2.5.4. South America Bee Venom Extract Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Bee Venom Extract Industry 2.8. Analysis of Government Schemes and Initiatives For Bee Venom Extract Industry 2.9. Bee Venom Extract Market Trade Analysis 2.10. The Global Pandemic Impact on Bee Venom Extract Market 3. Bee Venom Extract Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 3.1.1. Powder 3.1.2. Liquid 3.2. Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 3.2.1. Pharmaceutical 3.2.2. Cosmetic & Personal care 3.3. Bee Venom Extract Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Bee Venom Extract Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 4.1.1. Powder 4.1.2. Liquid 4.2. North America Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 4.2.1. Pharmaceutical 4.2.2. Cosmetic & Personal care 4.3. North America Bee Venom Extract Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 4.3.1.1.1. Powder 4.3.1.1.2. Liquid 4.3.1.2. United States Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Pharmaceutical 4.3.1.2.2. Cosmetic & Personal care 4.7.2. Canada 4.3.2.1. Canada Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 4.3.2.1.1. Powder 4.3.2.1.2. Liquid 4.3.2.2. Canada Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Pharmaceutical 4.3.2.2.2. Cosmetic & Personal care 4.7.3. Mexico 4.3.3.1. Mexico Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 4.3.3.1.1. Powder 4.3.3.1.2. Liquid 4.3.3.2. Mexico Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Pharmaceutical 4.3.3.2.2. Cosmetic & Personal care 5. Europe Bee Venom Extract Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 5.2. Europe Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 5.3. Europe Bee Venom Extract Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 5.3.1.2. United Kingdom Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 5.3.2.2. France Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 5.3.3.2. Germany Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 5.3.4.2. Italy Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 5.3.5.2. Spain Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 5.3.6.2. Sweden Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 5.3.7.2. Austria Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 5.3.8.2. Rest of Europe Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Bee Venom Extract Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.2. Asia Pacific Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.7. Asia Pacific Bee Venom Extract Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.1.2. China Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.2.2. S Korea Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.3.2. Japan Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.4.2. India Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.5.2. Australia Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.6.2. Indonesia Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.7.2. Malaysia Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.8.2. Vietnam Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.9.2. Taiwan Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 6.3.10.2. Rest of Asia Pacific Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Bee Venom Extract Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 7.2. Middle East and Africa Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 7.7. Middle East and Africa Bee Venom Extract Market Size and Forecast, by Country (2022-2029) 7.7.1. South Africa 7.3.1.1. South Africa Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 7.3.1.2. South Africa Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 7.7.2. GCC 7.3.2.1. GCC Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 7.3.2.2. GCC Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 7.7.3. Nigeria 7.3.3.1. Nigeria Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 7.3.3.2. Nigeria Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 7.3.4.2. Rest of ME&A Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 8. South America Bee Venom Extract Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 8.2. South America Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 8.7. South America Bee Venom Extract Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 8.3.1.2. Brazil Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 8.3.2.2. Argentina Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Bee Venom Extract Market Size and Forecast, by Form (2022-2029) 8.3.3.2. Rest Of South America Bee Venom Extract Market Size and Forecast, by Application (2022-2029) 9. Global Bee Venom Extract Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Bee Venom Extract Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Bee Whisper 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. ApiHealth NZ Ltd 10.3. Fernz 10.4. Abeeco Pure 10.5. Citeq Biologics 10.6. Others 11. Key Findings 12. Industry Recommendations 13. Bee Venom Extract Market: Research Methodology 14. Terms and Glossary