Propolis Market Strengthened by Rising Consumer Preference for Natural and Antimicrobial Ingredients

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Propolis Market Size, Share & Trends Analysis Report By Type (Raw Propolis, Propolis Extracts (Water-based Extracts, Alcohol-based Extracts), Propolis Tablets/Capsules, Propolis Powder, Propolis Ointment/Cream, Propolis Spray, and Propolis Toothpaste), Source (Green Propolis, Poplar Type, Red Propolis, Baccharis Type, and Other Mixed Types), Form (Powder, Liquid, Capsule/Tablets, Paste/Cream, and Spray), Application (Pharmaceuticals (Cold & Flu Treatments, Dermatological Treatments, Oral Care), Personal Care & Cosmetics (Skincare, Haircare), Nutraceuticals/Dietary Supplements (Anti-inflammatory Supplements, Immunity Boosters), Food & Beverages (Health Drinks, Functional Foods), and Veterinary Products), Distribution Channel (Pharmacies/Drugstores, Online Retail, Health Stores, Direct Sales (B2B), and Supermarkets/Hypermarkets),-Market Outlook And Industry Analysis 2034"

Propolis Market Size is valued at US$ 716.7 Mn in 2024 and is predicted to reach US$ 919.8 Mn by the year 2034 at an 2.6% CAGR during the forecast period for 2025-2034.

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Propolis, a resinous substance collected by honeybees from tree buds, sap flows, and various plant sources, is utilized by bees to maintain hive sterility, seal small openings, and deter intruders. Rich in flavonoids, phenolic acids, and essential oils, propolis exhibits antiviral, antifungal, and antibacterial properties. The global propolis market is experiencing significant growth, primarily driven by increasing demand in the healthcare and pharmaceutical sectors. Its widespread application in dermatological products, including treatments for burns, acne, fungal infections, and neurodermatitis, has further contributed to its rising popularity.

Beyond dermatology, propolis is employed in ointments and oncological therapies due to its capacity to inhibit the growth and proliferation of cancer cells. As it is rarely available in its pure form, propolis is typically harvested from beehives, where it is produced from the buds of poplar and coniferous trees. Its effectiveness in managing conditions such as cold sores, diabetes, and oral mucositis has expanded its adoption in recent years. Moreover, the increasing prevalence of herpes simplex virus type 1 and type 2 infections has further bolstered market demand, supporting continued growth in the propolis sector.

List of Prominent Players in the Propolis Market:

• NOW Foods
• Comvita Limited
• Apis Flora
• Uniflora Health Foods
• Y.S. Eco Bee Farms
• Wax Green
• Natura Biotechnol
• Beehive Botanicals Inc.
• Nutraceutical Corporation
• Stakich Inc.
• Bee Health Ltd.
• Herb Pharm
• Bee & You (BEE’O Propolis)
• Plamed Green Science Group
• Hi-Tech Natural Products (Hi-Tech Apitherapy)
• Melbrosin International
• Sunyata Pon Lee
• Manuka Health New Zealand
• Arjuna Natural Pvt Ltd.

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Market Dynamics:

Drivers:

The global propolis market is experiencing growth driven by increasing consumer awareness of its health benefits, including anti-inflammatory, antifungal, and antibacterial properties. Rising demand for natural and organic products, as consumers increasingly prefer safer and environmentally sustainable alternatives, is further fueling market expansion. Additionally, the food and beverage sector plays a significant role in propolis market growth, as the ingredient is incorporated into functional foods and dietary supplements for its potential antioxidant properties and digestive health benefits.

Challenges:

The market faces several challenges that may limit its expansion. The availability of high-quality raw propolis is constrained, which can affect manufacturing and distribution. Sustainability concerns also arise from overharvesting, which may threaten bee populations and the ecosystems where propolis is sourced. Moreover, regulatory complexities and region-specific standards require companies to navigate intricate compliance procedures to ensure product safety, efficacy, and market access, posing additional barriers to growth.

Regional Trends:

In 2024, Europe led the propolis market, driven by the rising prevalence of chronic illnesses such as cancer and rheumatoid arthritis, which has increased demand for propolis-based therapeutic and preventive solutions. Growing consumer preference for natural and organic products further supports adoption in countries including Germany, France, and the UK.

The Asia-Pacific region is expected to register the highest CAGR over the forecast period. Factors contributing to this growth include traditional medicinal practices, rising per capita income, and heightened health awareness. Key markets such as China, South Korea, Japan, and India are major contributors to regional expansion, supported by the long-standing use of propolis for medicinal purposes and its growing integration into modern healthcare and wellness applications.

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Recent Developments:

• February 2024: One of the leading providers of bee-derived materials, Apis Flora, announced the launch of a new propolis-based oral spray that fights the flu and colds. Propolis, which has hostile anti-infection qualities and will appeal to health-conscious consumers, is used in the product's marketing.

Segmentation of Propolis Market-

By Product Type-

·      Raw Propolis

·      Propolis Extracts

o  Water-based Extracts

o  Alcohol-based Extracts

·      Propolis Tablets/Capsules

·      Propolis Powder

·      Propolis Ointment/Cream

·      Propolis Spray

·      Propolis Toothpaste

By Source -

·      Green Propolis

·      Poplar Type

·      Red Propolis

·      Baccharis Type

·      Other Mixed Types

By Form-

·      Powder

·      Liquid

·      Capsule/Tablets

·      Paste/Cream

·      Spray

By Application-

·      Pharmaceuticals

o  Cold & Flu Treatments

o  Dermatological Treatments

o  Oral Care

·      Personal Care & Cosmetics

o  Skincare

o  Haircare

·      Nutraceuticals/Dietary Supplements

o  Anti-inflammatory Supplements

o  Immunity Boosters

·      Food & Beverages

o  Health Drinks

o  Functional Foods

·      Veterinary Products

By Distribution Channel-

·      Pharmacies/Drugstores

·      Online Retail

·      Health Stores

·      Direct Sales (B2B)

·      Supermarkets/Hypermarkets

By Region-

North America-

·      The US

·      Canada

Europe-

·      Germany

·      The UK

·      France

·      Italy

·      Spain

·      Rest of Europe

Asia-Pacific-

·      China

·      Japan

·      India

·      South Korea

·      South East Asia

·      Rest of Asia Pacific

Latin America-

·      Brazil

·      Argentina

·      Mexico

·      Rest of Latin America

 Middle East & Africa-

·      GCC Countries

·      South Africa

·      Rest of Middle East and Africa

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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

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