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  • Published In : Dec 2022
  • Code : CMI5415
  • Pages : 130
  • Formats :
      Excel and PDF
  • Industry : Consumer Goods
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Propolis is a product made by bees from the resin of various plants. It is available in a variety of forms and can be purchased in health food stores and pharmacies. It is used as a skin lotion, cream, and ointment. In addition, it can be taken orally in the form of capsules, tablets, and liquid extracts. Propolis has antioxidant properties that help prevent oxidative damage in the body. The active ingredient of propolis is coniferaldehyde. It helps protect hepatocytes and lipids from oxidative damage. Propolis is also known to protect liver function from damage due to oxidative stress.

Market Dynamics:

The global propolis market is fueled by increasing demand for the product due to its numerous health benefits. For example, propolis is rich in antioxidants and bioactive compounds, which have antibacterial, antifungal, anti-inflammatory, and immunomodulatory properties. Moreover, propolis is becoming more readily available as dietary supplements, which are increasingly popular among consumers. In addition to these benefits, propolis is used in cosmetics and other health products. It is often used to treat burns, acne, fungal infections, and neurodermatitis. It is also used as a cancer treatment as it helps in inhibiting the growth of cancer cells. All these factors are projected to augment the market growth.

However, the raw material for making propolis is not available in its pure form which is expected to hamper the market growth.

Key features of the study:

  • This report provides in-depth analysis of the global propolis market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global propolis market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Herb Pharm LLC, Apis Flora, Bee Health Limited, Y.S. Organic Bee Farms, Comvita Ltd, Wax Green, Apiary Polenecter, Uniflora Health Foods, Sunyata Pon Lee, NOW Foods, and Bio Botanica Inc. (Nature’s Answer)
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global propolis market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global propolis market

Detailed Segmentation:

  • Global Propolis Market. By Product Type
    • Capsules and Tablets
    • Liquids
    • Creams
    • Other Product Types
  • Global Propolis Market, By Distribution Channel
    • Offline Retail Stores
    • Online Retail Stores
  • Global Propolis Market, By Geography
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa
  • Company Profiles
    • Herb Pharm LLC
    • Apis Flora
    • Bee Health Limited
    • Y.S. Organic Bee Farms
    • Comvita Ltd
    • Wax Green
    • Apiary Polenecter
    • Uniflora Health Foods
    • Sunyata Pon Lee
    • NOW Foods
    • Bio Botanica Inc. (Nature’s Answer)

Detailed Segmentation:

  • Global Propolis Market. By Product Type
    • Capsules and Tablets
    • Liquids
    • Creams
    • Other Product Types
  • Global Propolis Market, By Distribution Channel
    • Offline Retail Stores
    • Online Retail Stores
  • Global Propolis Market, By Geography
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East & Africa

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