Propolis Market

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 Pr?polis, etc.

Propolis Market contains market size and forecasts of Propolis in global, including the following market information:

Global Propolis Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Propolis Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Propolis companies in 2021 (%)

The global Propolis market was valued at 558.3 million in 2021 and is projected to reach US$ 814.9 million by 2028, at a CAGR of 5.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Propolis Capsules Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Propolis include Apis Flora, Wax Green, Comvita, MN Pr?polis, Api?rio Polenectar, King?s Gel, Evergreen, Sunyata ? Pon Lee and Uniflora, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Propolis manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Propolis Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Propolis Market Segment Percentages, by Type, 2021 (%)

Propolis Capsules

Propolis Liquids

Propolis Spray

Other

Global Propolis Market, by Sales Channel, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Propolis Market Segment Percentages, by Sales Channel, 2021 (%)

Online Retails

Offline Retails

Global Propolis Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Propolis Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Propolis revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Propolis revenues share in global market, 2021 (%)

Key companies Propolis sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Propolis sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Apis Flora

Wax Green

Comvita

MN Pr?polis

Api?rio Polenectar

King?s Gel

Evergreen

Sunyata ? Pon Lee

Uniflora

Manuka Health New Zealand

Zhifengtang

Wang?s

Bricaas

Baihua

Beewords

Zhonghong Biological

Baoshengyuan

Jiangshan Hengliang

Health & Love

Jiangsu Rigao Bee Products

Hubei Small Forest

Healthy Care

Swisse

Nature's Answer

Apis Familia

By-Health

Spring Leaf

TangChao

YiShanKangBao

Zirkulin

TongRenTang

Nature's Care