Global Propolis Market By Product Type (Capsules & Tablets, Spray, Extract, Others), Category (Alcohol-Based, Alcohol-Free), Distribution Channel (Store-Based, Non-Store-Based), Application (Food and Beverages, Healthcare, Personal Care and Cosmetics, Other), Type (Supercritical Extraction CO2 (SFE), Ethanol Extracted Propolis (EEP), Glycol Extracted Propolis (GEP), Other), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Propolis Market
Propolis market is expected to reach USD 829.23 million by 2027 growing at a growth rate of 5.81% in the forecast period 2020 to 2027. Increasing demand due to its antibacterial, antiviral, anti-inflammatory and other properties which will act as a factor for the propolis market in the forecast period of 2020- 2027.
Increasing applications from various industries such as food & beverages, personal care, pharmaceuticals and others, rising preferences towards natural products, new source of income for beekeepers are some of the factors that will likely to enhance the growth of the propolis market in the forecast period of 2020-2027. On the other hand, new products launch and product varieties will further boost various opportunities that will lead to the growth of the propolis market in the above mentioned forecast period.
Rising cases of allergy caused due to the consumption of propolis will hamper the growth of the market in the above mentioned forecast period. Lack of standardisation across different brands will become challenge in the market growth.
This propolis market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on propolis market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Propolis Market Scope and Market Size
Propolis market is segmented on the basis of product type, category, distribution channel, application and type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the propolis market is segmented into capsules & tablets, spray, extract, and others.
- Based on category, the propolis market is segmented into alcohol-based, and alcohol-free.
- Based on the distribution channel, the propolis market is segmented into store-based, and non-store-based. Store-based has been further segmented into supermarkets & hypermarkets, convenience stores, and others.
- The propolis market is also segmented on the basis of application. The application is segmented into food and beverages, healthcare, personal care and cosmetics, other.
- Based on type, the propolis market is segmented into supercritical extraction CO2 (SFE), ethanol extracted propolis (EEP), glycol extracted propolis (GEP), and other.
Propolis Market Country Level Analysis
Propolis market is analyses and market size, volume information is provided by country by product type, category, distribution channel, application, and type as referenced above.
The countries covered in the propolis market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America dominates the propolis market due to the rising preferences towards natural pharmaceuticals and personal care product while Asia-Pacific will expect to grow in the forecast period 2020 to 2027 because of shifting base of honey bee keeper from unorganised to organised.
The country section of the propolis market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Propolis Market Share Analysis
Propolis market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to propolis market.
The major players covered in the propolis report are Hi-Tech Natural Product India Ltd., Laprell's Beehive Products, Comvita Limited, SUNYATA PON LEE, Wax Green, Bee Health Limited, Apiário Polenectar, Manuka Health New Zealand, Uniflora, Evergreen Healthfoods Ltd., Bee Health Limited., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available: Global Propolis Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.