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Global Propolis Market Size, Forecast Analysis to 2023 | Key Players-Comvita (New Zealand), Arataki Honey Ltd (New Zealand), Laprell's Beehive Products, Inc. (Canada), Sunyata Pon Lee (Brazil), Bee Health Limited (United Kingdom), B Natural SRL (Italy), H
Global Propolis Market
Propolis, also called bee tail, is a resinous substance obtained from bees. It contains active organic chemicals such as flavonoids, aromatic acids, amino acids and essential oils. Propolis is antibacterial, antiviral, antifungal and anti-inflammatory. Therefore, it is widely used in the treatment of abscesses and wound healing. In addition, propolis is used in the treatment of nose and throat cancer due to its anticancer properties. The extract of propolis is widely used in various cosmetic products, such as anti-acne soaps and lotions, shampoos and dandruff conditioners. The product is used in the food industry as an antioxidant and for food preservation.
Browse details of research report developed on Global Propolis Market @ https://www.researchcosmos.com/reports/global-propolis-market-analysis-2012-2017-and-forecast-2018-2023/7198558
Global Propolis Market Drivers and restrictions:
It is expected that the growing demand for propolis in the health sector will stimulate the market growth during the review period. It is expected that the increasing use of propolis in the treatment of chronic diseases such as cancer and tuberculosis, and other diseases such as cold sores, oral mucositis, upper respiratory tract infections and ulcers will feed market growth in the coming years. Propolis is used in cosmetics as an anti-aging, anti-acne, moisturizing, anti-wrinkle and revitalizing agent. It is likely that the growing consumer trends in personal care and wellness products will stimulate the demand for propolis during the forecast period. However, propolis can cause allergic reactions, especially in people who are allergic to bees or bee products. This can hinder the growth of the market during the evaluation period.
Geographical segmentation:
The global propolis market has been divided into five regions, namely Asia-Pacific, North America, Europe, Latin America, the Middle East and Africa. The Asia Pacific region is expected to witness a strong growth in the propolis market in the coming years owing to the increasing prevalence of diseases and consumer interests for beauty products.
The main players in the market are Comvita (New Zealand), Arataki Honey Ltd (New Zealand), Laprell's Beehive Products, Inc. (Canada), Sunyata Pon Lee (Brazil), Bee Health Limited (United Kingdom), B Natural SRL (Italy), Herbaland Naturals Inc. (Canada), Shaanxi Rebecca Bio-Tech Co. Ltd. (China), Natures Goodness (Australia), Pharma Base SA (Switzerland),
Propolis People (South Africa) and Hi-Tech Natural Product India Ltd. (India).
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