Press Release

Oct, 15 2024

Rising Awareness of Health Benefits by Bee Products is Driving the Growth of the Global Bee Products Market

The global bee products market includes an extensive array of products sourced directly from bees, such as honey, beeswax, propolis, royal jelly, and bee venom. Each of these products serves distinct purposes across a variety of industries. In the food and beverage industry, honey is widely recognized as a natural sweetener and ingredient in numerous culinary applications. Beeswax finds its use predominantly in cosmetics, serving as a key component in skincare and beauty products due to its emollient and protective properties. Propolis, known for its antimicrobial and anti-inflammatory qualities, is commonly used in pharmaceutical formulations and health supplements. Royal jelly, rich in nutrients, is valued in both the health supplement and cosmetics industries for its potential health benefits and anti-aging properties. Bee pollen, often regarded as a superfood, is incorporated into dietary supplements and functional foods. Bee venom, with its bioactive compounds, is increasingly utilized in cosmetic and pharmaceutical products, particularly for its anti-inflammatory and pain-relief properties.

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Data Bridge Market Research analyzes that the Global Bee Products Market is expected to reach USD 25.14 billion by 2031 from USD 13.31 billion in 2023, growing with a substantial CAGR of 8.28% in the forecast period of 2024 to 2031.

Key Findings of the Study

Bee Products Market

Rising Demand for Bee-Based Beauty Solutions

 The rising popularity of bee products in personal care is driven by their impressive benefits for skin and hair. Consumers increasingly prefer natural alternatives to synthetic ingredients, making honey, royal jelly, propolis, and bee pollen highly sought-after. Honey’s humectant properties help retain moisture and soothe acne-prone skin. Royal jelly, rich in vitamins and amino acids, is valued for its anti-aging and skin-rejuvenating effects. Propolis offers antibacterial and antioxidant protection, while bee pollen enhances skin vitality with its nutrient diversity. This shift towards natural and eco-friendly products aligns with growing health and wellness trends, as well as increasing consumer demand for sustainability and ethical sourcing. Consequently, the cosmetic industry is incorporating bee products into a range of formulations, from facial creams to shampoos, driving both market expansion and innovation in product development.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion

Segments Covered

Type (Honey, Beeswax, Propolis, Royal Jelly, Bee Venom and Others), Nature (Organic and Conventional), Distribution Channel (Indirect and Direct)

Country Covered

U.S., Canada, Mexico, Germany, France, U.K., Italy, Russia, Spain, Netherlands, Belgium, Turkey, Switzerland, Rest of Europe, China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia, Philippines, Singapore, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, South Africa, Kuwait, and Rest of Middle East and Africa

Market Players Covered

Comvita Limited (New Zealand), Dabur India Limited (India), Local Honey Man (U.K), Wax Green (Brazil), Bee Maid Honey Limited (Canada), Natural Life Australia (Australia), Barkman Honey, LLC (U.S), Apis Flora (Brazil), Bee Health Limited (U.K.), MN Group (Brazil), Beekeeper's Naturals, Inc. (Canada), King’s Gel ind. e Com. Ltda (Brazil), Johnston Honeybee Farm (U.S.), BeeVital Propolis (England), SDM Nutraceuticals Inc. (U.S.), Royal Bee Honey Store (India), Y.S. Eco Bee Farms (U.S.), SUNYATA PON LEE (Brazil),  Langnese Honey GmbH & Co. KG (Germany), and Polenectar (Brazil) among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework

Segment Analysis

The global bee products market is segmented into three notable segments based on type, nature, and distribution channel.

  • On the basis of type, the global bee products market is segmented into honey, beeswax, propolis, royal jelly, bee venom, and others

In 2024, the honey segment is expected to dominate the global bee products market

In 2024, the honey segment is expected to dominate the market with a market share of 86.76% due to its widespread consumer appeal, versatile uses, and notable health benefits. Its dominance is reflected in substantial market share and growth, driven by its effectiveness and popularity across various personal care and wellness.

  • On the basis of nature, the global bee products market is segmented into organic and conventional

In 2024, the conventional segment is expected to dominate the global bee products market

In 2024, the conventional segment is expected to dominate the market with a market share of 88.52% due to its established infrastructure, widespread availability, and consistent consumer trust. Its extensive use and familiarity contribute to its leading position compared to emerging or niche alternatives.

  • On the basis of distribution channel, the global bee products market is segmented into indirect and direct. In 2024, the direct segment is expected to dominate the market with a market share of 67.20%

Major Players

Data Bridge Market Research analyses Comvita Limited (New Zealand), Dabur India Limited (India), Apis Flora (Brazil), MN Group (Brazil), Bee Maid Honey Limited (U.K.) as the major market players of the global bee products market.

Market Developments

Bee Products Market

  • In December 2023, Dabur India Limited launched the 'Science in Action' campaign to promote Ayurveda by providing research-based insights. The campaign featured digital videos, print promotions, and seminars, aiming to bridge traditional and modern health knowledge
  • In March 2023, Dabur India Ltd, in collaboration with Ennoble Social Innovation Foundation, completed the revamp of Government Middle School, Bari Shah Da Talab, Jammu. The upgrade included improved sanitation, drinking water facilities, and enhanced infrastructure for over 35 students
  • In May 2022, BeeVital Propolis has introduced an innovative toothpaste formulation designed to promote tooth and mouth health. This new formula features water-soluble propolis, renowned for its antibacterial, antimicrobial, anti-inflammatory, and immune-boosting properties. Alongside propolis, the toothpaste includes myrrh, which has natural antimicrobial qualities, and vitamin C, an antioxidant that helps inactivate harmful oral bacteria. Together, these natural ingredients work to protect and enhance oral hygiene, offering a holistic approach to maintaining a healthy mouth. BeeVital’s toothpaste is a perfect addition to everyone’s daily routine for improved dental care

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant and the fastest growing region in the global bee products market

Asia-Pacific segment leads the global bee products market due to growing consumer demand, expanding economies, and increased honey production. The region's rich biodiversity and rising awareness of natural health benefits further boost its market dominance and witnessing significant growth due to increasing consumer awareness of the health benefits of bee products like honey, propolis, and royal jelly.

For more detailed information about the global bee products market report, click here – https://www.databridgemarketresearch.com/reports/global-bee-products-market


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