Global Propolis Market by Application & Geography - Forecast to 2023 - ResearchAndMarkets.com

DUBLIN--()--The "Propolis Market by Application and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.

Health benefits of consuming propolis

The anti-viral, anti-bacterial, anti-fungal and anti-inflammatory properties of propolis compositions make it ideal for use in healthcare products. Propolis is a vital ingredient in many healthcare products as it offers protection from bacteria, viruses, and fungi due to its properties.

Propolis helps to improve blood sugar levels, reduces pain from cold sores, treats minor burns, and prevents skin infections and gum diseases. The easy availability of products containing propolis extracts will lead to the expansion of the global propolis market at a CAGR of almost 5% during the forecast period.

Increase in research activities to enhance propolis production in beehives

Beekeepers have undertaken several research activities to enhance the production of propolis. In November 2018, a team of researchers and beekeepers conducted a research study in the US to experiment with four diverse ways of enhancing propolis production in beehives.

The team observed propolis growth on four wall surfaces - plastic trap material on the interior of hive wall, parallel saw cuts on the interior of hive wall, a brush-roughened hive wall interior, and an unmodified hive wall interior. Such researches and studies are likely to introduce new methods to encourage resin deposits in the bee product industry. This development is expected to have a positive impact on the overall market growth.

Segment Analysis & Market Dynamics

The propolis market analysis considers sales from healthcare, personal care and cosmetics, and food and beverages. The analysis also considers the sales of propolis in APAC, Europe, North America, South America, and MEA.

In 2018, the healthcare segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as antifungal, antibacterial, and antioxidative nature of propolis will play a significant role in the healthcare segment to maintain its market position.

Also, the global propolis market report looks at factors such as health benefits of consuming propolis, availability of propolis dietary food supplements, and growing preference for online shopping.

However, uncertainties in the declining number of honeybee colonies, improper storage facilities may lead to decomposition of propolis-based products, and adulteration of propolis products may hamper the growth of the propolis industry over the forecast period.

Competitive Landscape

With the presence of several major players, the global propolis market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading propolis manufacturers, that include:

  • Apirio Polenectar
  • Apis Flora
  • Bee Health Ltd.
  • Comvita Ltd.
  • Nature's Goodness

Also, the propolis market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Comparison by application
  • Healthcare - Market size and forecast 2018-2023
  • Personal care and cosmetics - Market size and forecast 2018-2023
  • Food and beverages - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Increase in research activities to enhance propolis production in beehives
  • Blogging and digital media influencing propolis consumption
  • Restoration of natural bee habitats

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Apirio Polenectar
  • Apis Flora
  • Bee Health Ltd.
  • Comvita Ltd.
  • Nature's Goodness

For more information about this report visit https://www.researchandmarkets.com/r/mcx7ex

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900