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Propolis Market size to grow by USD 61.06 Mn in 2026, Health Benefits Of Consuming Propolis to Boost Market Growth - Technavio

Global Propolis Market 2022-2026

News provided by

Technavio

Sep 15, 2022, 05:00 ET

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NEW YORK, Sept. 15, 2022 /PRNewswire/ -- The "Propolis Market" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

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Technavio has announced its latest market research report titled Global Propolis Market 2022-2026
Technavio has announced its latest market research report titled Global Propolis Market 2022-2026

The potential growth difference for the propolis market between 2021 and 2026 is USD 61.06  million. The report extensively covers propolis market segmentation by application (healthcare, personal care and cosmetics, and food and beverages) and geography (APAC, Europe, North America, South America, and Middle East and Africa). To get the exact yearly growth variance and the Y-O-Y growth rate, Request Free Sample Report.

Key Market Dynamics:

  • Market Driver
  • Market Challenges

One of the key drivers driving propolis market growth is the health benefits of consuming propolis. Propolis compositions have anti-viral, antifungal, antibacterial, and anti-inflammatory properties, as well as the ability to protect against some bacteria, viruses, and fungi. Furthermore, applying propolis-based products to the skin on a regular basis, such as propolis cream, helps prevent infections and treats minor burns.

Propolis consumption also improves immune response and prevents inflammation, infections, nose and throat cancer, intestinal disorders, ulcers, and tuberculosis. Such health benefits will drive propolis consumption during the forecast period. However, factors such as the declining number of honey bee colonies will challenge market growth. Buy Sample Report.

Propolis Market Geographical Segmentation

APAC will account for 45% of market growth. In APAC, the key markets for propolis are China, Australia, and Japan. The market in this region will grow faster than the market in other regions. Over the forecast period, online distribution channels will aid the propolis market growth in APAC.

Some Companies Mentioned with their Offerings

    • Apis Flora Industrial e Comercial Ltda.: The company offers a wide range of products such as personal care, food and beverage, and specialty products derived from natural sources.
    • Country Life Vitamins LLC: Through this segment, the company offers amino acids, digestive enzymes and probiotics, miscellaneous specialty supplements, antioxidants, fish oils, Omegas, multivitamins, and calcium, among others.
    • Fytexia SAS: The company manufactures natural ingredients such as polyphenol concentrates and microbiota homeostasis.
    • Herb Pharm LLC: The company offers propolis products such as rapid immune boost and soothing throat spray.
    • INW Manufacturing LLC: The company manufactures dietary supplements, sports nutrition, and personal care products.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Download Free Sample Report. 

Related Reports

Fresh Food Market by Product and Geography - Forecast and Analysis 2022-2026: The fresh food market share is expected to increase by 420.04 million tons from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.04%.

Hummus Market by Application and Geography - Forecast and Analysis 2022-2026: The hummus market share is expected to increase by USD 1.75 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 10.41%

Propolis Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.29%

Market growth 2022-2026

$ 61.06 million

Market structure

Fragmented

YoY growth (%)

4.57

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 45%

Key consumer countries

US, China, Australia, Japan, and Spain

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Apis Flora Industrial e Comercial Ltda., Bio Botanica Inc., California Gold Nutrition, Comvita Ltd., Country Life Vitamins LLC, Fytexia SAS, Herb Pharm LLC, 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 Health Group Inc., Nutraceutical Corp., SDM Nutraceuticals Inc., Sunyata Productos Alternativos Ltda., Uniflora Nutraceutica Ltda., Wax Green USA, and YS Organic Bee Farms

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio "Consumer Staples" Research Reports

Table of Contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments 
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application 
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Healthcare - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
  • 5.4 Personal care and cosmetics - Market size and forecast 2021-2026 
    • Exhibit 32: Chart on Personal care and cosmetics - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Personal care and cosmetics - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Personal care and cosmetics - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Personal care and cosmetics - Year-over-year growth 2021-2026 (%)
  • 5.5 Food and beverages - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Food and beverages - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Food and beverages - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Food and beverages - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Food and beverages - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Application 
    • Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 North America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 China - Market size and forecast 2021-2026
    • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.9 US - Market size and forecast 2021-2026
    • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.10 Australia - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Australia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Australia - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Australia - Year-over-year growth 2021-2026 (%)
  • 7.11 Japan - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.12 Spain - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Spain - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Spain - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Spain - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Spain - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape 
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption 
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks 
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered 
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Apis Flora Industrial e Comercial Ltda.
    • Exhibit 93: Apis Flora Industrial e Comercial Ltda. - Overview
    • Exhibit 94: Apis Flora Industrial e Comercial Ltda. - Product / Service
    • Exhibit 95: Apis Flora Industrial e Comercial Ltda. - Key offerings
  • 10.4 Comvita Ltd. 
    • Exhibit 96: Comvita Ltd. - Overview
    • Exhibit 97: Comvita Ltd. - Business segments
    • Exhibit 98: Comvita Ltd. - Key offerings
    • Exhibit 99: Comvita Ltd. - Segment focus
  • 10.5 Fytexia SAS 
    • Exhibit 100: Fytexia SAS - Overview
    • Exhibit 101: Fytexia SAS - Product / Service
    • Exhibit 102: Fytexia SAS - Key offerings
  • 10.6 Herb Pharm LLC 
    • Exhibit 103: Herb Pharm LLC - Overview
    • Exhibit 104: Herb Pharm LLC - Product / Service
    • Exhibit 105: Herb Pharm LLC - Key offerings
  • 10.7 INW Manufacturing LLC 
    • Exhibit 106: INW Manufacturing LLC - Overview
    • Exhibit 107: INW Manufacturing LLC - Product / Service
    • Exhibit 108: INW Manufacturing LLC - Key news
    • Exhibit 109: INW Manufacturing LLC - Key offerings
  • 10.8 Manuka Health New Zealand Ltd. 
    • Exhibit 110: Manuka Health New Zealand Ltd. - Overview
    • Exhibit 111: Manuka Health New Zealand Ltd. - Product / Service
    • Exhibit 112: Manuka Health New Zealand Ltd. - Key offerings
  • 10.9 NaturaNectar LLC 
    • Exhibit 113: NaturaNectar LLC - Overview
    • Exhibit 114: NaturaNectar LLC - Product / Service
    • Exhibit 115: NaturaNectar LLC - Key offerings
  • 10.10 Natures Goodness Australia Pty Ltd. 
    • Exhibit 116: Natures Goodness Australia Pty Ltd. - Overview
    • Exhibit 117: Natures Goodness Australia Pty Ltd. - Product / Service
    • Exhibit 118: Natures Goodness Australia Pty Ltd. - Key offerings
  • 10.11 Nutraceutical Corp. 
    • Exhibit 119: Nutraceutical Corp. - Overview
    • Exhibit 120: Nutraceutical Corp. - Product / Service
    • Exhibit 121: Nutraceutical Corp. - Key offerings
  • 10.12 Sunyata Productos Alternativos Ltda. 
    • Exhibit 122: Sunyata Productos Alternativos Ltda. - Overview
    • Exhibit 123: Sunyata Productos Alternativos Ltda. - Product / Service
    • Exhibit 124: Sunyata Productos Alternativos Ltda. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 125: Inclusions checklist
    • Exhibit 126: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 127: Currency conversion rates for US$
  • 11.4 Research methodology 
    • Exhibit 128: Research methodology
    • Exhibit 129: Validation techniques employed for market sizing
    • Exhibit 130: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 131: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Fast Fashion Market to Grow by USD 79.2 Billion from 2025-2029, Driven by Burgeoning Youth Populations' Demand for Fast Fashion Clothing, Report on AI-Powered Market Evolution - Technavio

Fast Fashion Market to Grow by USD 79.2 Billion from 2025-2029, Driven by Burgeoning Youth Populations' Demand for Fast Fashion Clothing, Report on AI-Powered Market Evolution - Technavio

Report on how AI is driving market transformation - The global fast fashion market size is estimated to grow by USD 79.2 billion from 2025-2029,...

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