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Propolis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global propolis market reached a value of US$ XX Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Propolis is a resinous mixture made by honey bees using substances collected from different parts of plants, buds, and exudates. It usually comprises pollen, waxes, essential oils, flavonoids and phenolic acids, and various organic compounds, including sugars, steroids, vitamins, ketones, lactones, benzoic acid, and fatty acid esters. It is hard, brittle, lipophilic, and becomes soft, pliable, gummy, and sticky upon heating. It possesses a pleasant and characteristic aromatic fragrance and varies in color from yellow-green to dark brown according to its age and origin. As propolis has antioxidants and anesthetic and wound healing properties, it is widely consumed to strengthen the immune system.

Propolis Market Trends:

Propolis offers various health benefits, which include improving digestive health and reducing wrinkles and other early signs of aging. As a result, there is a rise in the utilization of raw materials and secondary products comprising propolis in the healthcare and personal care sector worldwide. Moreover, as propolis assists in decreasing the risk of cancer, its utilization is extensively increasing around the world on account of the growing prevalence of the disease. Additionally, the high fatality of coronavirus disease (COVID-19) and the absence of antiviral treatment are positively influencing the sales of natural agents with immune-strengthening potential. This is strengthening the growth of the market as propolis is rich in antioxidants and bioactive compounds and offers antimicrobial, bactericidal, antiviral, anti-inflammatory, and immunomodulatory properties. Apart from this, leading manufacturers are providing numerous propolis-based product variants that cater to different medical needs. They are also engaging in packaging improvement and promotional campaigns like celebrity endorsements to retain a competitive edge and expand their market reach.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global propolis market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product type, category, distribution channel and application.

Breakup by Product Type:

  • Capsules and Tablets
  • Liquids
  • Creams
  • Others
     

Breakup by Category:

  • Alcohol-based
  • Alcohol-free
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Pharmacies and Drugstores
  • Online Stores
  • Others
     

Breakup by Application:

  • Food and Beverages
  • Healthcare
  • Personal Care and Cosmetics
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Apiário Polenectar, Apis Flora, Bee Health Limited (INW), Comvita Limited, Herb Pharm, Manuka Health New Zealand, Natural Factors Nutritional Products Ltd., NaturaNectar, NOW Foods, Nutraceutical International Corporation, Sunyata Alternative Products Ltd, Uniflora Nutraceutica Ltda and Wax Green.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Product Type, Category, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Apiário Polenectar, Apis Flora, Bee Health Limited (INW), Comvita Limited, Herb Pharm, Manuka Health New Zealand, Natural Factors Nutritional Products Ltd., NaturaNectar, NOW Foods, Nutraceutical International Corporation, Sunyata Alternative Products Ltd, Uniflora Nutraceutica Ltda and Wax Green.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global propolis market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global propolis market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the category?
  • What is the breakup of the market based on the distribution channel?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global propolis market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Propolis Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Capsules and Tablets
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Liquids
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Creams
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Category 
    7.1    Alcohol-based
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Alcohol-free
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Supermarkets and Hypermarkets
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Pharmacies and Drugstores
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Online Stores
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Others
        8.4.1 Market Trends
        8.4.2 Market Forecast
9    Market Breakup by Application
    9.1    Food and Beverages
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Healthcare
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Personal Care and Cosmetics
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Apiário Polenectar
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Apis Flora
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Bee Health Limited (INW)
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Comvita Limited
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Herb Pharm 
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Manuka Health New Zealand
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Natural Factors Nutritional Products Ltd.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    NaturaNectar
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    NOW Foods
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Nutraceutical International Corporation
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Sunyata Alternative Products Ltd
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    Uniflora Nutraceutica Ltda
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio
        15.3.13    Wax Green
           15.3.13.1 Company Overview
           15.3.13.2 Product Portfolio

List of Figures

Figure 1: Global: Propolis Market: Major Drivers and Challenges
Figure 2: Global: Propolis Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Propolis Market: Breakup by Product Type (in %), 2020
Figure 5: Global: Propolis Market: Breakup by Category (in %), 2020
Figure 6: Global: Propolis Market: Breakup by Distribution Channel (in %), 2020
Figure 7: Global: Propolis Market: Breakup by Application (in %), 2020
Figure 8: Global: Propolis Market: Breakup by Region (in %), 2020
Figure 9: Global: Propolis (Capsules and Tablets) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Propolis (Capsules and Tablets) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Propolis (Liquids) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Propolis (Liquids) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Propolis (Creams) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Propolis (Creams) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Propolis (Other Product Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Propolis (Other Product Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Propolis (Alcohol-based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Propolis (Alcohol-based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Propolis (Alcohol-free) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Propolis (Alcohol-free) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Propolis (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Propolis (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Propolis (Pharmacies and Drugstores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Propolis (Pharmacies and Drugstores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Propolis (Online Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Propolis (Online Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Propolis (Other Distribution Channels) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Propolis (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Propolis (Food and Beverages) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Propolis (Food and Beverages) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Propolis (Healthcare) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Propolis (Healthcare) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Propolis (Personal Care and Cosmetics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Propolis (Personal Care and Cosmetics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Propolis (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Propolis (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: North America: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: United States: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: United States: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Canada: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Canada: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Asia-Pacific: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Asia-Pacific: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: China: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: China: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Japan: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Japan: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: India: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: India: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: South Korea: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: South Korea: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Australia: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Australia: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Indonesia: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Indonesia: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Others: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Others: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Europe: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Europe: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Germany: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Germany: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: France: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: France: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: United Kingdom: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: United Kingdom: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Italy: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Italy: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Spain: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Spain: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Russia: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Russia: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Others: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Others: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Latin America: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Latin America: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Brazil: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Brazil: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Mexico: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Mexico: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Others: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Others: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Middle East and Africa: Propolis Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Middle East and Africa: Propolis Market: Breakup by Country (in %), 2020
Figure 85: Middle East and Africa: Propolis Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Global: Propolis Industry: SWOT Analysis
Figure 87: Global: Propolis Industry: Value Chain Analysis
Figure 88: Global: Propolis Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Propolis Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Propolis Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Global: Propolis Market Forecast: Breakup by Category (in Million US$), 2021-2026
Table 4: Global: Propolis Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 5: Global: Propolis Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 6: Global: Propolis Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Propolis Market: Competitive Structure
Table 8: Global: Propolis Market: Key Players

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