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The propolis market is forecasted to grow by USD 135 million during 2024-2029, accelerating at a CAGR of 3.3% during the forecast period. The report on the propolis market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health benefits of consuming propolis, availability of propolis dietary food supplements, and growing preference for online shopping.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The propolis market is segmented as below:
By Application
- Healthcare
- Personal care and cosmetics
- Food and beverages
By Distribution Channel
- Offline
- Online
By Product Type
- Capsules and tablets
- Liquids
- Creams
- Sprays
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the propolis market covers the following areas:
- Propolis Market sizing
- Propolis Market forecast
- Propolis Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Application
9 Market Segmentation by Distribution Channel
10 Market Segmentation by Product Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global propolis market: Apis Flora Industrial e Comercial Ltda., Associated British Foods Plc, Bio Botanica Inc., Comvita Ltd., Country Life Vitamins LLC, Herb Pharm, Hi Tech Natural Products India Ltd., iHerb LLC, INW Manufacturing LLC, Laprell Beehive Products Inc., Manuka Health New Zealand Ltd., Natural Factors Nutritional Products Ltd., NaturaNectar LLC, Natures Goodness Australia Pty Ltd, NOW Foods, Nutraceutical Corp., Sunyata Productos Alternativos Ltda., Uniflora Nutraceutica Ltda., Wax Green USA, and YS Organic Bee Farms.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in research activities to enhance propolis production in beehives."
According to the report, one of the major drivers for this market is the health benefits of consuming propolis.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apis Flora Industrial e Comercial Ltda.
- Associated British Foods Plc
- Bio Botanica Inc.
- Comvita Ltd.
- Country Life Vitamins LLC
- Herb Pharm
- Hi Tech Natural Products India Ltd.
- iHerb LLC
- INW Manufacturing LLC
- Laprell Beehive Products Inc.
- Manuka Health New Zealand Ltd.
- Natural Factors Nutritional Products Ltd.
- NaturaNectar LLC
- Natures Goodness Australia Pty Ltd
- NOW Foods
- Nutraceutical Corp.
- Sunyata Productos Alternativos Ltda.
- Uniflora Nutraceutica Ltda.
- Wax Green USA
- YS Organic Bee Farms
