LONDON--(BUSINESS WIRE)--Technavio has been monitoring the propolis market and it is poised to grow by USD 26.07 million during 2019-2023, progressing at a CAGR of 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please request Latest Free Sample Report of 2020-2024 on Covid-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Apiário Polenectar, Apis Flora, Bee Health Ltd., Comvita Ltd., and Nature's Goodness. are some of the major market participants. The health benefits of consuming propolis will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The health benefits of consuming propolis has been instrumental in driving the growth of the market.
Propolis Market 2019-2023: Segmentation
Propolis Market is segmented as below:
-
Application
- Healthcare
- Personal Care and Cosmetics
- Food and Beverages
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Propolis Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our propolis market report covers the following areas:
- Propolis Market size
- Propolis Market trends
- Propolis Market analysis
This study identifies an increase in research activities to enhance propolis production in beehives as one of the prime reasons driving the propolis market growth during the next few years.
Propolis Market 2019-2023: Vendor Analysis
We provide a detailed analysis of vendors operating in the propolis market, including some of the vendors such as Apiário Polenectar, Apis Flora, Bee Health Ltd., Comvita Ltd., and Nature's Goodness. Backed with competitive intelligence and benchmarking, our research reports on the propolis market are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Propolis Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist propolis market growth during the next five years
- Estimation of the propolis market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the propolis market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of propolis market vendors
Table Of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
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
- 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 segmentation
- 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
- Market drivers
- Market 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
- Apiário Polenectar
- Apis Flora
- Bee Health Ltd.
- Comvita Ltd.
- Nature's Goodness
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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