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.
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Market Overview:
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.
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) among others.
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
- Alcohol based
- Alcohol free
Application
- Food and beverages
- Healthcare
- Personal care
- Cosmetics
- Other
Type
- Supercritical extraction co2 (sfe)
- Ethanol extracted propolis (eep)
- Glycol extracted propolis (gep)
- Other
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Propolis Market Landscape
Part 04: Global Propolis Market Sizing
Part 05: Global Propolis Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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