Market Overview:
The global bee propolis extract market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for natural and organic products, rising awareness about the benefits of bee propolis extract, and growing applications of bee propolis extract in various industries such as pharmaceuticals, dietary supplements, cosmetics, veterinary use, and personal care. However, factors such as high price point and limited availability may restrain the growth of this market during the forecast period. On the basis of type, food grade segment is expected to account for a major share in terms of revenue in 2018 owing to its widespread application in food & beverage industry across different regions. Pharmaceutical grade segment is projected to grow at a higher CAGR during the forecast period due its increasing demand from pharmaceutical companies for manufacturing various drugs & formulations. Based on application type, dietary supplements segment accounted for majority share in 2017 and is projected witness highest growth rate over next few years due rising consumer inclination towards healthy lifestyle coupled with increase spending on health supplements globally. Cosmetics industry is another key end-user that utilizes bee propolis extracts extensively owing to its anti-inflammatory properties which help delay skin aging process; this factor is anticipated fuel demand for bee propolis extracts from cosmetics manufacturers worldwide over next few years.
Product Definition:
Bee propolis is a resinous mixture that honey bees produce by combining saliva and beeswax with exudates from various plants. Bee Propolis Extract is a brownish yellow liquid that has a characteristic, pungent odor. It is used as an expectorant, antiseptic, and immunostimulant.
Food Grade:
Food grade is the quality of products that are intended for human consumption. The major factor that differentiates food-grade from industrial-grade is the level of purity required for each type. Industrial grade can be used as feedstock for various processes whereas food-grade needs to meet specific standards regarding its composition and contaminants.
Pharmaceutical Grade:
Pharmaceutical grade is the highest quality available in the market. It is used to produce various medicines and drugs for different diseases. Pharmaceutical grade propolis extract has a higher content of bioactive compounds than food-grade propolis extract.
Bee Propolis Extract (BPE) contains many bioactive compounds such as proteins, carbohydrates, flavonoids, phenolic acids & tannins which have anti-inflammatory & antioxidant properties.
Application Insights:
Based on the application, the market is segmented into pharmaceutical, dietary supplements, cosmetics and veterinary use. The pharmaceutical application dominated the overall industry in terms of revenue in 2017. Propolis extract is used as a raw material for manufacturing drugs for various diseases such as cancer and diabetes. It has also been found to be useful against bacterial infections when combined with antibiotics. Furthermore, it can prevent or treat fungal infections when taken at full strength along with antifungal herbs or propolis tincture oil capsules.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high product demand from countries such as China, India, and Japan. In addition, increasing awareness regarding propolis products among consumers is anticipated to fuel industry growth over the coming years. Europe accounted for a significant share of revenue in 2017 due to growing consumer health concerns coupled with stringent regulations by various regulatory bodies such as EMEA and FDA about usage of natural ingredients in cosmetics applications leading towards higher adoption rates for bee propolis extracts in this region.
Latin America also presents lucrative opportunities for industry participants due to rising consumer awareness about health benefits associated with propolis products particularly food grade extract and pharmaceutical grade extract marketed mainly for oral consumption thus favoring majorly pharmaceutical application segmentation thus driving regional growth over the forecast period.
Growth Factors:
- Increasing awareness about the benefits of bee propolis extract is expected to drive the market growth.
- Rising demand for natural and organic products is another key factor that is anticipated to fuel the market growth in the near future.
- Growing popularity of bee propolis extract as a dietary supplement is also projected to boost the market growth over the forecast period.
- increasing research and development activities for new applications of bee propolis extract are expected to create new opportunities for this market in coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Bee Propolis Extract Market Research Report
By Type
Food Grade, Pharmaceutical Grade
By Application
Pharmaceutical, Dietary Supplements, Cosmetics, Veterinary Use, Personal Care
By Companies
Apis Global, Bee Health, Honeygreen, Happy Valley, NaturaNectar, BeePollen, Beehive Botanicals, Natural Factors, BioProtec, APITER, Melland Ecogreen, Hi-Tech Natural Products, Xian Yuensun Biological Technology, Global Apiaries
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Bee Propolis Extract Market Report Segments:
The global Bee Propolis Extract market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Pharmaceutical, Dietary Supplements, Cosmetics, Veterinary Use, Personal Care
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apis Global
- Bee Health
- Honeygreen
- Happy Valley
- NaturaNectar
- BeePollen
- Beehive Botanicals
- Natural Factors
- BioProtec
- APITER
- Melland Ecogreen
- Hi-Tech Natural Products
- Xian Yuensun Biological Technology
- Global Apiaries
Highlights of The Bee Propolis Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Pharmaceutical Grade
- By Application:
- Pharmaceutical
- Dietary Supplements
- Cosmetics
- Veterinary Use
- Personal Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bee Propolis Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bee propolis extract is a natural product derived from the resin of bees. It has been used for centuries in traditional medicine to treat a variety of conditions, including wounds and infections. Bee propolis extract is also known to have anti-inflammatory properties and promote healing.
Some of the key players operating in the bee propolis extract market are Apis Global, Bee Health, Honeygreen, Happy Valley, NaturaNectar, BeePollen, Beehive Botanicals, Natural Factors, BioProtec, APITER, Melland Ecogreen, Hi-Tech Natural Products, Xian Yuensun Biological Technology, Global Apiaries.
The bee propolis extract market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bee Propolis Extract Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bee Propolis Extract Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bee Propolis Extract Market - Supply Chain
4.5. Global Bee Propolis Extract Market Forecast
4.5.1. Bee Propolis Extract Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bee Propolis Extract Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bee Propolis Extract Market Absolute $ Opportunity
5. Global Bee Propolis Extract Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bee Propolis Extract Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Pharmaceutical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bee Propolis Extract Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bee Propolis Extract Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical
6.3.2. Dietary Supplements
6.3.3. Cosmetics
6.3.4. Veterinary Use
6.3.5. Personal Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bee Propolis Extract Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bee Propolis Extract Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bee Propolis Extract Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bee Propolis Extract Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bee Propolis Extract Demand Share Forecast, 2019-2026
9. North America Bee Propolis Extract Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bee Propolis Extract Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bee Propolis Extract Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical
9.4.2. Dietary Supplements
9.4.3. Cosmetics
9.4.4. Veterinary Use
9.4.5. Personal Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bee Propolis Extract Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Pharmaceutical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bee Propolis Extract Demand Share Forecast, 2019-2026
10. Latin America Bee Propolis Extract Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bee Propolis Extract Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bee Propolis Extract Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical
10.4.2. Dietary Supplements
10.4.3. Cosmetics
10.4.4. Veterinary Use
10.4.5. Personal Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bee Propolis Extract Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Pharmaceutical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bee Propolis Extract Demand Share Forecast, 2019-2026
11. Europe Bee Propolis Extract Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bee Propolis Extract Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bee Propolis Extract Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical
11.4.2. Dietary Supplements
11.4.3. Cosmetics
11.4.4. Veterinary Use
11.4.5. Personal Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bee Propolis Extract Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Pharmaceutical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. -o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bee Propolis Extract Demand Share, 2019-2026
12. Asia Pacific Bee Propolis Extract Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bee Propolis Extract Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bee Propolis Extract Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical
12.4.2. Dietary Supplements
12.4.3. Cosmetics
12.4.4. Veterinary Use
12.4.5. Personal Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bee Propolis Extract Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Pharmaceutical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bee Propolis Extract Demand Share, 2019-2026
13. Middle East & Africa Bee Propolis Extract Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bee Propolis Extract Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bee Propolis Extract Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical
13.4.2. Dietary Supplements
13.4.3. Cosmetics
13.4.4. Veterinary Use
13.4.5. Personal Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bee Propolis Extract Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Pharmaceutical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bee Propolis Extract Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bee Propolis Extract Market: Market Share Analysis
14.2. Bee Propolis Extract Distributors and Customers
14.3. Bee Propolis Extract Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Apis Global
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bee Health
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Honeygreen
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Happy Valley
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NaturaNectar
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BeePollen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Beehive Botanicals
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Natural Factors
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BioProtec
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. APITER
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Melland Ecogreen
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hi-Tech Natural Products
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Xian Yuensun Biological Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Global Apiaries
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
