Propolis Market Research Report - Global Forecast till 2027

Global Propolis Market Research Report: Information by Product Type (Capsules & Tablets, Spray, Extract, and Others), Category (Alcohol-Based and Alcohol-Free), Distribution Channel [Store-Based (Supermarkets & Hypermarkets, Convenience Stores, and Others) and Non-Store-Based], and Region (North America, Europe, Asia-Pacific, and RoW)– Forecast till 2027

ID: MRFR/F-B & N/0298-HCR | February 2021 | Region: Global | 140 pages

Please note that the assessment period of report has been updated from 2019-2024 to 2020-2027. Cordially fill the sample form for updated data.

 
Market Scenario
 
The global propolis market is expected to garner a revenue of USD 700 million by 2024, with a CAGR of approximately 6% during the forecast period, 2019–2024. Propolis is a natural defense system produced by honey bees to protect their hive from infection. It acts as a sealing agent and thus keeps the microbial growth within the hive under control. Owing to the extensive antibacterial, antifungal, antiviral, cytotoxic, anti-inflammatory, and antioxidant effects of propolis its widely being used in the personal care, pharmaceuticals, and food & beverage industries. Consumers are inclining towards natural products and opting for products derived from propolis, such as capsules & tablets, creams, sprays, lozenges, and others. Thus, the global propolis market is expected to witness significant growth during the upcoming years. However, allergic reactions caused by people who are allergic to bee products are hampering the market growth. To gain a higher competitive edge in the market, prominent market players are focusing on product launches and are introducing different variants of propolis-based products.
 
Segmentation

The global propolis market has been segmented based on product type, category, distribution channel, and region.
By product type, the global propolis market has been classified as capsules & tablets, spray, extracts, and others. 
The global propolis market has also been divided, based on category, into alcohol-based and alcohol-free.
Based on distribution channel, the global market is bifurcated into, store-based and non-store-based. The store-based segment is further segmented into supermarkets & hypermarkets, convenience stores, and others 
The global propolis market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.  
The North America propolis market has further been segmented into the US, Canada, and Mexico. The Europe propolis market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The propolis market in Asia-Pacific has been segmented into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The propolis market in the rest of the world has been segmented into South America, the Middle East, and Africa.
 
Key Players

Apis Flora (Brazil), Comvita (New Zealand), Laprell's Beehive Products, Inc. (Canada), Sunyata Pon Lee (Brazil), Bee Health Limited (UK), Wax Green (Brazil), Apiário Polenectar (Brazil), Manuka Health New Zealand (New Zealand), Zhifengtang (China), and Hi-Tech Natural Product India Ltd. (India) are some of the key players in the global propolis market.
Regional Market Summary
North America dominated the propolis market in 2018 and is expected to maintain its dominance throughout the forecast period due to high sales of natural pharmaceutical and personal care products in the region. However, the propolis market in Asia-Pacific is expected to register the highest CAGR during the forecast period owing to the shift of the honeybee products market from unorganized to organized. Additionally, the easy availability of honeybee products of different floral sources is attracting numerous market players towards the regional market, which, in turn, is expected to fuel the growth of the propolis market in the region.
 
Global Propolis Market, by Product Type


  • Capsules & Tablets

  • Spray

  • Extract

  • Others


Global Propolis Market, by Category

  • Alcohol-Based

  • Alcohol-Free


Global Propolis Market, by Distribution Channel

  • Store-Based


    • Supermarkets & Hypermarkets

    • Convenience Stores

    • Others


  • Non-Store-Based


Global Propolis Market, by Region

  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience

  • Propolis manufacturers

  • Honeybee product manufacturers, suppliers, traders

  • Dietary supplements manufacturers

  • Personal care ingredients manufacturers and suppliers

  • Personal care product manufacturers

  • Pharmaceutical product manufacturers

  • Raw material suppliers

  • Retailers and wholesalers

  • Traders, importers, and exporters



Frequently Asked Questions (FAQ) :


propolis market is projected to grow at approximately 6% CAGR during the assessment period (2019-2024).

propolis market is estimated to reach a valuation of approx. USD 700 MN by the end of 2024.

Augmenting demand from the healthcare sector due to the antiviral, antibacterial, anti-inflammatory, and antifungal properties, are major tailwinds pushing the growth of the global propolis market.

North America holds the largest share in the global propolis market, followed by Europe and the Asia Pacific, respectively.

Hi-Tech Natural Product India Ltd. (India), Apis Flora (Brazil), Laprell's Beehive Products, Inc. (Canada), Comvita (New Zealand), Sunyata Pon Lee (Brazil), Wax Green (Brazil), Bee Health Limited (UK), Apiário Polenectar (Brazil), Zhifengtang (China), and Manuka Health New Zealand (New Zealand), are some of the top players in the global propolis market.

TABLE OF CONTENTS

1. 1 EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Propolis Market, by Product Type

1.1.2. Global Propolis Market, by Category

1.1.3. Global Propolis Market, by Distribution Channel

1.1.4. Global Propolis Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Macro Factor Indicator Analysis

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.2.1. Driver 1

4.2.2. Driver 2

4.3. Restraints

4.3.1. Restraint 1

4.3.2. Restraint 2

4.4. Opportunities

4.4.1. Opportunity 1

4.4.2. Opportunity 2

4.5. Challenges

4.5.1. Challenge 1

4.5.2. Challenge 2

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis

5.2. Supply Chain Analysis

5.3. Porter’s Five Forces Model

5.3.1. Bargaining Power of Suppliers

5.3.2. Bargaining Power of Buyers

5.3.3. Threat of New Entrants

5.3.4. Threat of Substitutes

5.3.5. Intensity of Rivalry

6. GLOBAL PROPOLIS MARKET, BY PRODUCT TYPE

6.1. Introduction

6.2. Capsules & Tablets

6.2.1. Capsules & Tablets: Market Estimates & Forecast, by Region/Country, 2020–2027

6.3. Spray

6.3.1. Spray: Market Estimates & Forecast, by Region/Country, 2020–2027

6.4. Extracts

6.4.1. Extracts: Market Estimates & Forecast, by Region/Country, 2020–2027

6.5. Others

6.5.1. Others: Market Estimates & Forecast, by Region/Country, 2020–2027

7. GLOBAL PROPOLIS MARKET, BY CATEGORY

7.1. Introduction

7.2. Alcohol-Based

7.2.1. Alcohol-Based: Market Estimates & Forecast, by Region/Country, 2020–2027

7.3. Alcohol-Free

7.3.1. Alcohol-Free: Market Estimates & Forecast, by Region/Country, 2020–2027

8. GLOBAL PROPOLIS MARKET, BY DISTRIBUTION CHANNEL

8.1. Introduction

8.2. Store-Based

8.2.1. Store-Based: Market Estimates & Forecast, by Region/Country, 2020–2027

8.2.2. Supermarkets & Hypermarkets

8.2.2.1. Supermarkets & Hypermarkets: Market Estimates & Forecast, by Region/Country, 2020–2027

8.2.3. Convenience Stores

8.2.3.1. Convenience Stores: Market Estimates & Forecast, by Region/Country, 2020–2027

8.2.4. Others

8.2.4.1. Others: Market Estimates & Forecast, by Region/Country, 2020–2027

8.3. Non-Store-Based

8.3.1. Non-Store-Based: Market Estimates & Forecast, by Region/Country, 2020–2027

9. GLOBAL PROPOLIS MARKET, BY REGION

9.1. Introduction

9.2. North America

9.2.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.2.2. Market Estimates & Forecast, by Category, 2020–2027

9.2.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.4. Market Estimates & Forecast, by Country, 2020–2027

9.2.5. US

9.2.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.2.5.2. Market Estimates & Forecast, by Category, 2020–2027

9.2.5.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.6. Canada

9.2.6.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.2.6.2. Market Estimates & Forecast, by Category, 2020–2027

9.2.6.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.2.7. Mexico

9.2.7.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.2.7.2. Market Estimates & Forecast, by Category, 2020–2027

9.2.7.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3. Europe

9.3.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.3.2. Market Estimates & Forecast, by Category, 2020–2027

9.3.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.4. Market Estimates & Forecast, by Country, 2020–2027

9.3.5. Germany

9.3.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.3.5.2. Market Estimates & Forecast, by Category, 2020–2027

9.3.5.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.6. UK

9.3.6.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.3.6.2. Market Estimates & Forecast, by Category, 2020–2027

9.3.6.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.7. France

9.3.7.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.3.7.2. Market Estimates & Forecast, by Category, 2020–2027

9.3.7.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.8. Spain

9.3.8.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.3.8.2. Market Estimates & Forecast, by Category, 2020–2027

9.3.8.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.9. Italy

9.3.9.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.3.9.2. Market Estimates & Forecast, by Category, 2020–2027

9.3.9.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.3.10. Rest of Europe

9.3.10.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.3.10.2. Market Estimates & Forecast, by Category, 2020–2027

9.3.10.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4. Asia-Pacific

9.4.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.4.2. Market Estimates & Forecast, by Category, 2020–2027

9.4.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.4. Market Estimates & Forecast, by Country, 2020–2027

9.4.5. China

9.4.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.4.5.2. Market Estimates & Forecast, by Category, 2020–2027

9.4.5.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.6. Japan

9.4.6.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.4.6.2. Market Estimates & Forecast, by Category, 2020–2027

9.4.6.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.7. India

9.4.7.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.4.7.2. Market Estimates & Forecast, by Category, 2020–2027

9.4.7.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.8. Australia & New Zealand

9.4.8.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.4.8.2. Market Estimates & Forecast, by Category, 2020–2027

9.4.8.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.4.9. Rest of Asia-Pacific

9.4.9.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.4.9.2. Market Estimates & Forecast, by Category, 2020–2027

9.4.9.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5. Rest of the World

9.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.5.2. Market Estimates & Forecast, by Category, 2020–2027

9.5.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.4. Market Estimates & Forecast, by Region, 2020–2027

9.5.5. South America

9.5.5.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.5.5.2. Market Estimates & Forecast, by Category, 2020–2027

9.5.5.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.6. Middle East

9.5.6.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.5.6.2. Market Estimates & Forecast, by Category, 2020–2027

9.5.6.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

9.5.7. Africa

9.5.7.1. Market Estimates & Forecast, by Product Type, 2020–2027

9.5.7.2. Market Estimates & Forecast, by Category, 2020–2027

9.5.7.3. Market Estimates & Forecast, by Distribution Channel, 2020–2027

10. COMPETITIVE LANDSCAPE

10.1. Introduction

10.2. Competitive Benchmarking

10.3. Development Share Analysis

10.4. Key Developments & Growth Strategies

11. COMPANY PROFILES

11.1. Apis Flora

11.1.1. Company Overview

11.1.2. Financial Overview

11.1.3. Products Offered

11.1.4. Key Developments

11.1.5. SWOT Analysis

11.1.6. Key Strategies

11.2. Comvita

11.2.1. Company Overview

11.2.2. Financial Overview

11.2.3. Products Offered

11.2.4. Key Developments

11.2.5. SWOT Analysis

11.2.6. Key Strategies

11.3. Laprell's Beehive Products, Inc.

11.3.1. Company Overview

11.3.2. Financial Overview

11.3.3. Products Offered

11.3.4. Key Developments

11.3.5. SWOT Analysis

11.3.6. Key Strategies

11.4. Sunyata Pon Lee

11.4.1. Company Overview

11.4.2. Financial Overview

11.4.3. Products Offered

11.4.4. Key Developments

11.4.5. SWOT Analysis

11.4.6. Key Strategies

11.5. Bee Health Limited

11.5.1. Company Overview

11.5.2. Financial Overview

11.5.3. Products Offered

11.5.4. Key Developments

11.5.5. SWOT Analysis

11.5.6. Key Strategies

11.6. Wax Green

11.6.1. Company Overview

11.6.2. Financial Overview

11.6.3. Products Offered

11.6.4. Key Developments

11.6.5. SWOT Analysis

11.6.6. Key Strategies

11.7. Apiário Polenectar

11.7.1. Company Overview

11.7.2. Financial Overview

11.7.3. Products Offered

11.7.4. Key Developments

11.7.5. SWOT Analysis

11.7.6. Key Strategies

11.8. Manuka Health New Zealand

11.8.1. Company Overview

11.8.2. Financial Overview

11.8.3. Products Offered

11.8.4. Key Developments

11.8.5. SWOT Analysis

11.8.6. Key Strategies

11.9. Zhifengtang

11.9.1. Company Overview

11.9.2. Financial Overview

11.9.3. Products Offered

11.9.4. Key Developments

11.9.5. SWOT Analysis

11.9.6. Key Strategies

11.10. Hi-Tech Natural Product India Ltd.

11.10.1. Company Overview

11.10.2. Financial Overview

11.10.3. Products Offered

11.10.4. Key Developments

11.10.5. SWOT Analysis

11.10.6. Key Strategies

12. APPENDIX

12.1. General Sources & References

12.2. List of Abbreviation


LIST OF TABLES

Table 1 Global Propolis Market, by Region, 2020–2027 (USD Million)

Table 2 Global Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 3 Global Propolis Market, by Category, 2020–2027 (USD Million)

Table 4 Global Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 5 North America: Propolis Market, by Country, 2020–2027 (USD Million)

Table 6 North America: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 7 North America: Propolis Market, by Category, 2020–2027 (USD Million)

Table 8 North America: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 9 US: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 10 US: Propolis Market, by Category, 2020–2027 (USD Million)

Table 11 US: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 12 Canada: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 13 Canada: Propolis Market, by Category, 2020–2027 (USD Million)

Table 14 Canada: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 15 Mexico: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 16 Mexico: Propolis Market, by Category, 2020–2027 (USD Million)

Table 17 Mexico: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 18 Europe: Propolis Market, by Country, 2020–2027 (USD Million)

Table 19 Europe: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 20 Europe: Propolis Market, by Category, 2020–2027 (USD Million)

Table 21 Europe: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 22 Germany: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 23 Germany: Propolis Market, by Category, 2020–2027 (USD Million)

Table 24 Germany: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 25 France: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 26 France: Propolis Market, by Category, 2020–2027 (USD Million)

Table 27 France: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 28 Italy: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 29 Italy: Propolis Market, by Category, 2020–2027 (USD Million)

Table 30 Italy: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 31 Spain: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 32 Spain: Propolis Market, by Category, 2020–2027 (USD Million)

Table 33 Spain: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 34 UK: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 35 UK: Propolis Market, by Category, 2020–2027 (USD Million)

Table 36 UK: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 37 Rest of Europe: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 38 Rest of Europe: Propolis Market, by Category, 2020–2027 (USD Million)

Table 39 Rest of Europe: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 40 Asia-Pacific: Propolis Market, by Country, 2020–2027 (USD Million)

Table 41 Asia-Pacific: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 42 Asia-Pacific: Propolis Market, by Category, 2020–2027 (USD Million)

Table 43 Asia-Pacific: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 44 China: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 45 China: Propolis Market, by Category, 2020–2027 (USD Million)

Table 46 China: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 47 India: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 48 India: Propolis Market, by Category, 2020–2027 (USD Million)

Table 49 India: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 50 Japan: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 51 Japan: Propolis Market, by Category, 2020–2027 (USD Million)

Table 52 Japan: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 53 Australia & New Zealand: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 54 Australia & New Zealand: Propolis Market, by Category, 2020–2027 (USD Million)

Table 55 Australia & New Zealand: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 59 Rest of Asia-Pacific: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 60 Rest of Asia-Pacific: Propolis Market, by Category, 2020–2027 (USD Million)

Table 61 Rest of Asia-Pacific: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 62 Rest of the World: Propolis Market, by Country, 2020–2027 (USD Million)

Table 63 Rest of the World: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 64 Rest of the World: Propolis Market, by Category, 2020–2027 (USD Million)

Table 65 Rest of the World: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 76 South America: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 77 South America: Propolis Market, by Category, 2020–2027 (USD Million)

Table 78 South America: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 79 Middle East: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 80 Middle East: Propolis Market, by Category, 2020–2027 (USD Million)

Table 81 Middle East: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)

Table 82 Africa: Propolis Market, by Product Type, 2020–2027 (USD Million)

Table 83 Africa: Propolis Market, by Category, 2020–2027 (USD Million)

Table 84 Africa: Propolis Market, by Distribution Channel, 2020–2027 (USD Million)


LIST OF FIGURES

FIGURE 1 Global Propolis Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Propolis Market

FIGURE 4 Value Chain of the Global Propolis Market

FIGURE 5 Share of the Global Propolis Market in 2020, by Country (%)

FIGURE 6 Global Propolis Market, by Region, 2020–2027,

FIGURE 7 Global Propolis Market Size, by Product Type, 2020

FIGURE 8 Share of the Global Propolis Market, by Product Type, 2020–2027 (%)

FIGURE 9 Global Propolis Market Size, by Category, 2020

FIGURE 10 Share of the Global Propolis Market, by Category, 2020–2027 (%)

FIGURE 9 Global Propolis Market Size, by Distribution Channel, 2020

FIGURE 10 Share of the Global Propolis Market, by Distribution Channel, 2020–2027 (%)