A wide ranging Propolis market report highlights exhaustive study of major market along with present and forecast market scenario with valuable business decisions. The business report offers market size, industry growth, share, development trends, product demand, investment plans, business idea, forecasts to 2029 and more. What is more, the market research report studies general market conditions, estimates client company’s market share and possible sales volume, figure out the probable market for a new product to be launched and discover the most appropriate method for the distribution of certain product. The top notch Propolis market research report covers detailed analysis of top players.


The large scale Propolis market report analyzes many points that help businesses get the answers for the toughest questions. Here, it estimates current CAGR of the market. Evaluates the product and application that is expected to show the highest market growth in the Propolis industry. The industry report figures out whether there will be any changes in market competition during the forecast period. It estimates the region that is foretold to create the most number of opportunities in the global market. This report analyses the market situation which may change in the coming years. Thus, Propolis market research report provides excellent business solutions with which conquering business challenges becomes easy.

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Propolis is a natural safeguard framework created by bumble bees to protect their hive from contamination. It functions as a repairman and, as a result, keeps the microbial development inside the hive under control. Because of propolis's broad antibacterial, antifungal, antiviral, cytotoxic, calming, and cancer prevention agent properties, it is widely used in the personal care, pharmaceutical, and food and beverage industries.

Data Bridge Market Research analyses that the propolis market was valued at USD 829.23 million in 2021 and is expected to reach the value of USD 1352.91 million by 2029, at a CAGR of 6.31% during the forecast period of 2022 to 2029.

Market Definition

Propolis is a resinous mixture produced by honey bees from various portions of plants, buds, and exudates. Pollen, waxes, essential oils, flavonoids and phenolic acids, and different chemical substances such as sugars, steroids, vitamins, ketones, lactones, benzoic acid, and fatty acid esters are commonly found in it. It is hard, brittle, and lipophilic, but when heated, it softens, becomes flexible, gummy, and sticky. It has a nice and distinctive aromatic fragrance and ranges in color from yellow-green to dark brown according on age and origin. Propolis is extensively used to improve the immune system since it contains antioxidants, anesthetics, and wound healing capabilities.

Opportunity

New product launches and product assortments will also support various opportunities that will drive the growth of the propolis market in the forecast period. These exercises have paved the way for market participants to expand their business and client base. With the growing interest in propolis in the global market and its development, market players in the global market are expected to benefit from worthwhile development opportunities in the future.

Some of the major players operating in the propolis market are:

  • Apiário Polenectar (Brazil)
  • Sunyata Pon Lee (Brazil)
  • Apis Flora (Brazil)
  • Sunyata Pon Lee (Brazil)
  • Bee Health Limited (UK)
  • Zhifengtang (China)
  • Laprell's Beehive Products, Inc. (Canada)
  • Comvita Limited and its subsidiaries (New Zealand)
  • Wax Green (Brazil)
  • Manuka Health New Zealand (New Zealand)

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Global Propolis Market Scope

The propolis market is segmented on the basis of product type, category, distribution channel, application and type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product type

  • Capsules & tablets
  • Spray
  • Extract
  • Others

Distribution channel

  • Store-based
  • Supermarkets & hypermarkets
  • Convenience stores
  • Others
  • Non-store-based

Category

Application

Type

  • Supercritical extraction co2 (sfe)
  • Ethanol extracted propolis (eep)
  • Glycol extracted propolis (gep)
  • Other

 

Major TOC of the Propolis Market Report
• INTRODUCTION
• MARKET SEGMENTATION
• MARKET OVERVIEW
• EXECUTIVE SUMMARY
• PREMIUM INSIGHTS
• Integrated Passive Device Market
• COMPANY PROFILE
• COMPONENT MANUFACTURER
• CONCLUSION
• QUESTIONNAIRE
• RELATED REPORTS

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