#Propolis Market Forecast

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Bee Propolis Extract Market Is Estimated To Witness High Growth Owing To Increasing Consumer Awareness Regarding Health and Wellness The global Bee Propolis Extract Market is estimated to be valued at US$ 665.3 million in 2023 and is expected to exhibit a CAGR of 4.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Bee propolis extract is a natural substance produced by honeybees to protect their hives against infections. It is a rich source of bioflavonoids, amino acids, and vitamins, which offer various health benefits. Bee propolis extract is known for its anti-inflammatory, antioxidant, and antibacterial properties. The increasing consumer awareness regarding health and wellness is driving the demand for bee propolis extract products in the market. Moreover, the rising inclination towards natural and organic products is further fueling the market growth. Bee propolis extract is widely used in the healthcare industry for its medicinal properties and is also gaining popularity in the food and beverage industry as a functional ingredient. B) Market key trends: One key trend in the Bee Propolis Extract market is the growing demand for natural and organic products. With the increasing awareness about the harmful effects of synthetic chemicals and additives, consumers are switching to natural alternatives. Bee propolis extract, being a natural and organic substance, is witnessing high demand in the market. The extract is used in various products like supplements, skincare, and oral care products, owing to its numerous health benefits. Additionally, the rising trend of self-care and preventive healthcare is also contributing to the market growth. Consumers are increasingly focusing on boosting their immune system and overall well-being, which is driving the demand for bee propolis extract products. The market players are also focusing on product innovations and marketing strategies to cater to the growing consumer demand and capitalize on the market opportunities. PEST Analysis: Political: The political landscape can impact the bee propolis extract market in terms of regulations and policies related to beekeeping and the use of bee products. Government policies that promote sustainable beekeeping practices and support the growth of the beekeeping industry can positively influence the market. Economic: The economic factors that can affect the bee propolis extract market include changes in consumer purchasing power and disposable income. Economic growth and stability can boost consumer spending on natural health products, including bee propolis extract. Key Takeaways: The global Bee Propolis Extract Market Forecast is expected to witness high growth, exhibiting a CAGR of 4.5% over the forecast period. This growth can be attributed to increasing consumer awareness about the health benefits of bee propolis and its natural healing properties. Additionally, the rise in demand for organic and natural products contributes to market growth. Key players operating in the bee propolis extract market include Comvita, Bee Health, Natural Life, Manuka Health New Zealand, Zhifengtang, Wang’s, Bricaas, Baoshengyuan, Zhonghong Biological, and Baoshengyuan. These players have a significant market presence and contribute to the market's growth through product innovation, strategic partnerships, and effective marketing strategies. Overall, the bee propolis extract market is expected to experience steady growth due to various factors such as increasing consumer awareness, changing preferences towards natural products, and advancements in technology.

[market-insider]

Propolis Market: Sustainable Sourcing and Production Practices

Propolis is a natural resinous substance produced by bees from plant materials, primarily tree buds and sap. Often referred to as "bee glue," propolis serves various essential purposes within the beehive. Bees collect propolis and use it to seal gaps and cracks, reinforcing the structural integrity of their hive. It acts as a protective barrier, preventing external threats such as bacteria, fungi, and viruses from entering the hive and causing harm to the colony. Propolis also exhibits antimicrobial and anti-inflammatory properties, making it an integral part of the bees' immune defense system. Rich in bioactive compounds, including flavonoids, phenolic acids, and essential oils, propolis has gained attention for its potential health benefits in humans. It has been studied for its antioxidant, antibacterial, antiviral, and anti-inflammatory properties, and is used in various natural remedies and healthcare products. Propolis continues to captivate researchers and health enthusiasts alike, as they explore its diverse applications and potential contributions to human well-being.

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There has been a growing interest among consumers in natural health and wellness products, which has contributed to the rising popularity of propolis. Consumers are seeking natural alternatives and are attracted to the potential health benefits associated with propolis, such as its antioxidant and antimicrobial properties. The market has witnessed an expansion in the range of propolis-based products available to consumers. These include dietary supplements, skincare products, oral care items, and various herbal formulations. Manufacturers have been innovating and introducing new product formats to cater to different consumer preferences and needs.

Scientific research exploring the potential health benefits of propolis has been ongoing. Studies have investigated its antimicrobial, anti-inflammatory, and antioxidant properties, as well as its potential applications in wound healing, oral health, and immune support. These research findings have contributed to the growing interest in propolis and its market expansion.

[researchyblog]

Propolis Extract Market Size, Trends, and Growth Forecast to 2025

The Propolis Extract Market is experiencing steady growth, driven by increasing consumer awareness of its health benefits and expanding applications across various industries.

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Market Overview:

Market Size and Growth: In 2023, the global propolis extract market was valued at approximately USD 700 million and is projected to reach USD 905.3 million by 2030, growing at a compound annual growth rate (CAGR) of 5.8% during the forecasted period from 2024 to 2030.

Key Market Drivers:

Health Benefits: Propolis extract is renowned for its antibacterial, antifungal, antiviral, antioxidant, and anti-inflammatory properties, making it a sought-after ingredient in the pharmaceutical and cosmetic industries.

Cosmetic Industry Demand: The skincare sector is increasingly incorporating propolis extract into products like moisturizers, serums, and tonics due to its healing and protective properties.

Pharmaceutical Applications: Propolis extract is utilized in various medicinal formulations, including throat lozenges and topical treatments, owing to its therapeutic benefits.

Market Segmentation:

By Product Type:

 

Liquids

Creams

Other Product Types

By Distribution Channel:

Retail Stores

Online Retailers

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Regional Insights:

North America: The region holds a significant share of the market, driven by a strong demand for natural health products and a well-established cosmetic industry.

Europe: Europe is a key market for propolis extract, with increasing consumer preference for natural and organic skincare products.

Asia-Pacific: The Asia-Pacific region is witnessing rapid growth in the propolis extract market, fueled by rising health consciousness and expanding cosmetic industries.

Key Players:

Comvita Limited

Bee Health Limited

Apis Flora

Propolia

Herbal Hills

Challenges:

Quality Control: Ensuring the purity and potency of propolis extract can be challenging due to variations in raw material quality.

Regulatory Compliance: Navigating the complex regulatory landscape for natural health products requires adherence to stringent standards.

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[delifoodsmanufacturer]

Global Honey Market Growth: Opportunities and Trends in Apiculture Industry

The global honey market is currently experiencing a resurgence, with a projected compound annual growth rate (CAGR) of 4.3% during the forecast period. This growth is attributed to several key factors, including the increasing demand for natural sweeteners, the support for organic agriculture, and the heightened health awareness among consumers. The demand for honey and other bee products, such as beeswax and propolis, is on the ascent, particularly in developing nations. These products are not only consumed for their natural sweetness and flavor but also for their medicinal and cosmetic attributes. Europe and North America have traditionally been major consumers of these products. However, the Asia-Pacific region is anticipated to witness a swift increase in consumption on account of growing health consciousness and the escalating demand for organic products. One of the key drivers of the honey market's growth is the increasing consumer preference for natural sweeteners over artificial ones. Honey is seen as a healthier alternative to sugar, containing about 75-80% sugar, with the remainder being a mixture of water, minerals (such as phosphorus, calcium, and magnesium), and other beneficial components. This has led to a surge in demand for honey as a natural sweetener in food and beverages, as well as in cosmetic and pharmaceutical products. Moreover, the health benefits associated with honey consumption are well-documented. Honey has a low glycemic index (GI), meaning it does not cause a rapid increase in blood sugar levels, and it is rich in antioxidants that contribute to various health benefits. In contrast, artificial sweeteners have been linked to a range of health issues, including obesity, high cholesterol, mineral depletion, tooth decay, hypertension, and cardiovascular diseases. Another significant factor contributing to the growth of the honey market is the increasing support for organic agriculture. Organizations such as the National Beekeepers Association and the National Organic Value Chain Association are expanding their support for organic farming practices, which has led to an increase in the demand for pollination services and, consequently, a boost in the honey market. The market for honey is also being driven by the trend towards using honey as a functional sweetener. Honey's natural properties make it an attractive substitute for sugar in various applications, and its use in cosmetics and pharmaceuticals is expected to further increase during the forecast period. In terms of regional market dynamics, the Asia-Pacific region is leading the global honey market, with China being the largest producer and exporter of honey. The country's significant honey production and export volumes to regions such as Europe, the United States, and Japan have solidified its position in the global market. The growing demand for honey and other bee products as health products is also contributing to the market's expansion. Honey is used in the treatment of burns, prevention of tooth decay, and treatment of gum diseases, among other applications. Its use as a natural ointment is gaining popularity across the Asia-Pacific region, thanks to its unique properties derived from the resin collected by bees from various plant sources. In conclusion, the global honey market is poised for significant growth, driven by a combination of factors, including the increasing demand for natural sweeteners, the support for organic agriculture, and the rising health consciousness among consumers. As the market continues to evolve, it presents numerous opportunities for stakeholders in the apiculture industry to capitalize on these trends and shape the future of this thriving sector. Source: https://www.mordorintelligence.com/zh-CN/industry-reports/apiculture-market Read the full article

[spookysaladchaos]

Global Top 32 Companies Accounted for 35% of total Propolis market (QYResearch, 2021)

Propolis is a resinous substance collected from the buds of certain trees by bees and used as a cement or sealant in the construction of their hives.

The raw and unprocessed propolis commonly consists of roughly 55 percent resinous compounds and balsam, 30 percent beeswax, 10 percent ethereal and aromatic oils, and 5 percent bee pollen. Its constituents and color, ranging from golden brown to reddish to almost black, depends on the tree source of collection, the most common being dark brown. Propolis is sticky at and above room temperature, 20 °C (68 °F). At lower temperatures, it becomes hard and very brittle.

Until now, over 200 chemical compounds have already been identified in the propolis including flavonoids, terpenoids, aldehydes, aromatic acids, aliphatic alcohols and ethers, amino acids, sugars etc.

The Propolis market covers Propolis Capsules, Propolis Liquids, etc. The typical players include Apis Flora, Wax Green, Comvita, MN Própolis, etc.

According to the new market research report “Global Propolis Market Report 2023-2029”, published by QYResearch, the global Propolis market size is projected to reach USD 0.83 billion by 2029, at a CAGR of 4.8% during the forecast period.

Figure.   Global Propolis  Market Size (US$ Million), 2018-2029

Based on or includes research from QYResearch: Global Propolis  Market Report 2023-2029.

Figure.   Global Propolis  Top 32 Players Ranking and Market Share（Based on data of 2021, Continually updated）

Based on or includes research from QYResearch: 2021 data information of Global Propolis  Market Report 2023-2029.

The global key manufacturers of Propolis include Comvita, Zhifengtang, Apis Flora, Healthy Care, Manuka Health, Wax Green, Wang's, Swisse, Sunyata – Pon Lee, MN Própolis, etc. In 2021, the global top 10 players had a share approximately 35.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

[alliedcreation]

K-beauty Products Market Size Worth US$ 13.9 Billion by 2027, Growing with a CAGR of 9.0% - Allied Market Research

 “K-Beauty Products Market by Product Type, End User and Distribution Channel: opportunity analysis and industry forecast, 2021–2027,” The global K-beauty products market size was valued at $10.2 billion in 2019 and is projected to reach $13.9 billion by 2027, registering a CAGR of 9.0% from 2021 to 2027.

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K-beauty products refer to the skincare and makeup products originated from South Korea. These beauty products emphasize particularly on skin aesthetics such as health, hydration, and luminous textured skin. Korean women have traditionally favored glowing ‘glass’ skin over layers of foundation and lengthy skin care regimes with focus on toning and clarifying. Their beauty standards focus on the appearance of moisture on the skin, resulting in an augmented fondness for cremes over powders. Products in this segment are manufactured using unique ingredients such as snail slime, bee venom, starfish extract, pig collagen, and morphing masks.

The sheet masks segment is anticipated to exhibit the highest market share during the K-beauty products market forecast period. They can address different skin conditions such as tightening, moisturizing, soothing, brightening, and help sustain the skin’s beauty and health. Hence, owing to its convenience of use and affordability, the sheet masks acquire a large share in the K-beauty products market.

The K-beauty products market trends is primarily driven by the consumers inclination toward products inspired with unique ingredient formulas. For instance, the use of pearls in skin brightening products and propolis from bees for nourishing, are two other unusual components found in K-beauty products.

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Global per capita income has witnessed a strong growth rate over past few years, particularly in emerging economies. Increase in urbanization, growth of middle class consumers, and surge in rate of female participation in labor force in many developing and developed markets has encouraged adoption of convenience-oriented lifestyles, making K-Beauty products more desirable. In addition, as consumers become more meticulous regarding their lifestyle choices, they are looking deeper than superficial solutions and choosing more traditional healthy approaches of beauty. Hence, the rise in demand for natural and organically derived ingredients in cosmetic and personal care products, has created new avenues in the K-beauty cosmeceutical market.

Moreover, due to the outbreak of the COVID-19 pandemic, manufacturers have increased social media advertisement of using herbal skin care products to reach a large consumer base. However, implementation of lockdown and curfew practices globally is affecting the domestic as well as international production of skin care products, which in turn, hampers the growth of the overall market. Thus, the outbreak of COVID-19 has negatively impacted the K-Beauty products market in 2020, as sales of companies have reduced and operations have been halted.

Key Findings Of The Study

Based on product type, the sheet mask segment accounted for the highest K-beauty products market share in 2019, growing at a CAGR of 8.7% and cleanser segment growing fastest with a CAGR of 11.0% between 2021 and 2027.

Based on end user, the female segment accounted for about 69% of the market share in 2019. However, the male is expected to grow at a CAGR of 9.9% during the forecast period.

Based on distribution channel, the specialty/monobrand store segment accounted for about 57.4% of the market share in 2019. However, the online retail segment is expected to grow fastest at a CAGR of 11.2% during the forecast period.

Based on region, Asia-Pacific accounted for about 69.9% of the K-beauty products industry by share and is expected to grow at a CAGR of 8.1%.

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The major players in the global K-beauty products market analyzed in this report include ABLE C&C CO., Ltd., Adwin Korea Corp, Annie's Way International Co., Ltd., The Beauty Factory, Ltd., Bluehug, Inc., BNH Cosmetics, Ceragem Health and Beauty Co, Ltd., CK Beauty Enterprise Inc., LG Household & Health Care and AMOREPACIFIC CORPORATION.

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Propolis Market Report From 2018 To 2025 Analysis By Top Company Profiles - Apiário Polenectar, Apis Flora, Beijing Baihua Apiculture Technology Development Corporation, Comvita Limited

Propolis Market Report From 2018 To 2025 Analysis By Top Company Profiles – Apiário Polenectar, Apis Flora, Beijing Baihua Apiculture Technology Development Corporation, Comvita Limited

The Propolis Marketreport aims to address important aspects of the market such as overall market condition, products, and services. The report contains segmentation, regional analysis along with the key vendors involved in the market under the forecast timeline of 2018 to 2025. Based on historical facts and figure the report has briefly described market size, growth path, challenges, restraints,…

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Global Propolis Market: Analysis by Size, Application with Regional Outlook & Competitive Strategies 2017 to 2022

Global Propolis Market: Analysis by Size, Application with Regional Outlook & Competitive Strategies 2017 to 2022

Propolis analysis is provided for the markets including development trends, competitive landscape analysis, and key regions development status. Propolis market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the…