Global Propolis Market 2025-2029

Propolis Market 2025-2029

The propolis market is forecasted to grow by USD 135 mn during 2024-2029, accelerating at a CAGR of 3.3% during the forecast period. The report on the propolis market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health benefits of consuming propolis, availability of propolis dietary food supplements, and growing preference for online shopping.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's propolis market is segmented as below:

By Application

• Healthcare
• Personal care and cosmetics
• Food and beverages

By Distribution Channel

• Offline
• Online

By Product Type

• Capsules and tablets
• Liquids
• Creams
• Sprays
• Others

By Geographical Landscape

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the 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. Also, blogging and digital media influencing propolis consumption and restoration of natural bee habitats will lead to sizable demand in the market.

The report on the propolis market covers the following areas:

• Propolis Market sizing
• Propolis Market forecast
• Propolis Market industry analysis

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 market vendors that include Apis Flora Industrial e Comercial Ltda., Associated British Foods Plc, Bio Botanica Inc., Comvita Ltd., Country Life Vitamins LLC, Herb Pharm, Hi Tech Natural Products India Ltd., iHerb LLC, INW Manufacturing LLC, Laprell Beehive Products Inc., Manuka Health New Zealand Ltd., Natural Factors Nutritional Products Ltd., NaturaNectar LLC, Natures Goodness Australia Pty Ltd, NOW Foods, Nutraceutical Corp., Sunyata Productos Alternativos Ltda., Uniflora Nutraceutica Ltda., Wax Green USA, and YS Organic Bee Farms. 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 all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.