Product Code: CMI6183
The global bee propolis extract market size is projected to reach US$ 905.3 Mn by 2030, from US$ 665.3 Mn in 2023, at a CAGR of 4.5% during the forecast period 2023-2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 665.3 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
4.50% |
2030 Value Projection: |
US$ 905.3 Mn |
Figure 1. Global Bee Propolis Extract Market Share (%), by Region, 2023
Bee propolis extract is a natural substance derived from bees that is known for its numerous health benefits. It is a resinous mixture that bees collect from tree buds, sap flows, and other botanical sources. The bees then use this propolis to seal and protect their hives from external threats, such as bacteria and fungi.
In recent years, there has been a growing interest in bee propolis extract due to its potential medicinal properties. It is rich in antioxidants, vitamins, and minerals, making it a popular ingredient in various health and wellness products. Bee propolis extract is believed to have anti-inflammatory, antimicrobial, and immune-boosting effects, which has led to its use in supplements, skincare products, and even oral hygiene products.
Market Dynamics:
The global bee propolis extract market is expected to witness significant growth in the coming years. Factors such as increasing consumer awareness about the health benefits of natural products, rising demand for organic and clean label products, and the growing popularity of alternative medicine are driving market growth. Additionally, the rise in disposable income and changing lifestyles have also contributed to the increased consumption of bee propolis extract.
However, the market is not without its challenges. Limited availability of raw materials, high production costs, and stringent regulations regarding the use of bee products in certain regions can hinder market growth. Nevertheless, the market presents several opportunities for manufacturers to innovate and develop new products to cater to evolving consumer demands.
In conclusion With its numerous health benefits and increasing consumer demand for natural products, bee propolis extract is expected to gain traction in various industries. Manufacturers and stakeholders in the market need to stay abreast of the latest trends and regulations to capitalize on the growing opportunities in this market.
Key features of the study:
- This report provides in-depth analysis of the global bee propolis extract market, and provides market size (US$ Mn and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global bee propolis extract market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Comvita, Bee Health, Natural Life, Manuka Health New Zealand, Zhifengtang, Wang's, Bricaas, Baoshengyuan, Zhonghong Biological,
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global bee propolis extract market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bee propolis extract market
Bee Propolis Extract Market Detailed Segmentation:
- By type of product
- Liquid Bee Propolis Extract
- Powder Bee Propolis Extract
- Capsule/Tablet Bee Propolis Extract
- By application:
- Food and Beverages
- Dietary Supplements
- Pharmaceuticals
- Cosmetics and Personal Care
- By distribution channel:
- Online Retail
- Offline Retail
- Health Stores
- Drugstores
- Supermarkets/Hypermarkets
- Specialty Stores
- By end user:
- By Packaging Type:
- Bottles
- Jars
- Tubes
- Sachets
- By Form:
- Raw Bee Propolis Extract
- Standardized Bee Propolis Extract
- By Nature
- Conventional Bee Propolis Extract
- Organic Bee Propolis Extract
- By Functionality:
- Immune System Support
- Anti-Inflammatory
- Antioxidant
- Wound Healing
- Skin Health
- By Sales Channel:
- Business-to-Consumer (B2C)
- Business-to-Business (B2B)
- By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Top companies in Bee Propolis Extract Market
- Comvita
- Bee Health
- Natural Life
- Manuka Health New Zealand
- Zhifengtang
- Wang's
- Bricaas
- Baoshengyuan
- Zhonghong Biological
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Bee Propolis Extract Market By Type of Product
- Bee Propolis Extract Market By Application
- Bee Propolis Extract Market By Distribution Channel
- Bee Propolis Extract Market By End User
- Bee Propolis Extract Market By Packaging Type
- Bee Propolis Extract Market By Form
- Bee Propolis Extract Market By Nature
- Bee Propolis Extract Market By Functionality
- Bee Propolis Extract Market By Sales Channel
- Bee Propolis Extract Market By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Increasing consumer awareness about the health benefits of natural products
- Limited availability of raw materials, high production costs, and stringent regulations
- Expansion in Emerging Markets
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Bee Propolis Extract Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Bee Propolis Extract Market , By Type of Product, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
- Liquid Bee Propolis Extract
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Mn)
- Powder Bee Propolis Extract
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Mn)
- Capsule/Tablet Bee Propolis Extract
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
6. Bee Propolis Extract Market , By Application, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Food and Beverages
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Mn)
- Dietary Supplements
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Pharmaceuticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Cosmetics and Personal Care
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
7. Bee Propolis Extract Market , By Distribution Channel, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Online Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Offline Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Million)
- Health Stores
- Drugstores
- Supermarkets/Hypermarkets
- Specialty Stores
8. Bee Propolis Extract Market , By End User, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Adults
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Children
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Elderly
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
9. Bee Propolis Extract Market , By Packaging Type, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Bottles
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Jars
- Tubes
- Sachets
10. Bee Propolis Extract Market , By Form, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Raw Bee Propolis Extract
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Standardized Bee Propolis Extract
11. Bee Propolis Extract Market , By Nature, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Conventional Bee Propolis Extract
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Organic Bee Propolis Extract
12. Bee Propolis Extract Market , By Functionality, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Immune System Support
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Anti-Inflammatory
- Antioxidant
- Wound Healing
- Skin Health
13. Bee Propolis Extract Market , By Sales Channel, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018- 2030
- Segment Trends
- Business-to-Consumer (B2C)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Million)
- Business-to-Business (B2B)
14. Bee Propolis Extract Market , By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2018-2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Type of Product, 2019-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2019-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Packaging Type, 2019-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Form, 2019-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Nature, 2019-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Functionality, 2019-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Sales Channel, 2019-2030,(US$ Mn)
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
15. Competitive Landscape:
- Comvita
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Bee Health
- Natural Life
- Manuka Health New Zealand
- Zhifengtang
- Wang's
- Bricaas
- Baoshengyuan
- Zhonghong Biological
- Company Highlights
- Analyst Views
16. Section
- Research Methodology
- About us