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The propolis market is forecasted to grow by USD 135.13 million during 2023-2028, accelerating at a CAGR of 3.75% during the forecast period. The report on the propolis market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health benefits of consuming propolis, availability of propolis dietary food supplements, and growing preference for online shopping.
The propolis market is segmented as below:
By Application
- Healthcare
- Personal care and cosmetics
- Food and beverages
By Distribution Channel
- Offline
- Online
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the propolis market covers the following areas:
- Propolis market sizing
- Propolis market forecast
- Propolis market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The analyst recognizes the following companies as the key players in the global propolis market: Apis Flora Industrial e Comercial Ltda., Associated British Foods Plc, Bio Botanica Inc., Comvita Ltd., Country Life Vitamins 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, NOW Health Group Inc., Nutraceutical Corp., Sunyata Productos Alternativos Ltda., Uniflora Nutraceutica Ltda., Wax Green USA, YS Organic Bee Farms, and Herb Pharm.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increase in research activities to enhance propolis production in beehives.'
According to the report, one of the major drivers for this market is the health benefits of consuming propolis.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apis Flora Industrial e Comercial Ltda.
- Associated British Foods Plc
- Bio Botanica Inc.
- Comvita Ltd.
- Country Life Vitamins 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
- NOW Health Group Inc.
- Nutraceutical Corp.
- Sunyata Productos Alternativos Ltda.
- Uniflora Nutraceutica Ltda.
- Wax Green USA
- YS Organic Bee Farms
- Herb Pharm
