Press release
Propolis Market is Estimated to Witness High Growth Owing to Increasing Health Benefits
Market Overview:Propolis is a resinous material collected by honey bees from leaf buds, sap flows, or other botanical sources. It is used in the construction and repair of beehives as a sealant. Propolis has been utilized in folk remedies for centuries due to its antimicrobial, anti-inflammatory, and antioxidant properties.
Market Dynamics:
The propolis market is expected to witness significant growth over the forecast period owing to increasing awareness about its health benefits. Propolis offers potential health benefits such as boosting immunity, supporting oral health, wound healing, and reducing inflammation. It has also been found effective against certain cancers and in reducing blood sugar levels. Propolis contains polyphenolic compounds like caffeic acid and flavonoids that are primarily responsible for its antioxidant properties. Furthermore, rising demand for natural and herbal products is also contributing to the growth of the propolis market.
Big Health Benefits Drive Propolis Market Growth
Propolis is a resinous substance collected by honey bees from tree bark and leaf buds. It is widely used in various industries due to its antimicrobial, anti-inflammatory, antioxidant and immunomodulatory properties. The two major health benefits of propolis have contributed significantly to the growing demand in the propolis market globally.
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Key Players Covered In This Report:
MN Propolis, Comvita Limited, API Health, B Natural, Bee Health Limited, Wax Green, Zhifengtang Pharmaceutical Co. Ltd., Ponlee, Ponlee Bee, Sunyata Pon Lee Bee, Zhonghong Biological Group Co., Ltd., Bee & Health Co. Ltd., Honey Pacifica, Honey Gardens, Beekeeper's Naturals, Beehive Botanicals Inc., Durham's Bee Farm, Y.S. Eco Bee Farms, Royal Jelly Australia, and NaturaNectar LLC.
Market Segmentation:
By Product Type:
Capsules and Tablets
Liquids
Creams
Other Product Types
By Distribution Channel:
Retail Store
Online
Others
Key Region/Countries are Classified as Follows:
The following section of the report offers valuable insights into different regions and the key players operating within each of them. To assess the growth of a specific region or country, economic, social, environmental, technological, and political factors have been carefully considered.
The section also provides readers with revenue and sales data for each region and country, gathered through comprehensive research. This information is intended to assist readers in determining the potential value of an investment in a particular region.
◘ North America (United States, Canada, and Mexico)
◘ Europe (Germany, France, UK, Russia, and Italy)
◘ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
◘ Latin America (Brazil, Argentina, Colombia,.)
◘ The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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Propolis Helps Boost Immune System
Propolis contains polyphenols, caffeic acid, artepillin C and flavonoids that have anti-inflammatory and antimicrobial effects. Several research studies have proven that propolis can stimulate the immune system and protect the body from infections and illnesses. Its regular consumption either in dietary supplements or food and beverages is known to strengthen immune defenses against pathogens and reduce the risk of respiratory infections. This immune-boosting function of propolis is a key driver for its increasing usage in nutraceuticals and functional foods.
Propolis Aids Treatment of Various Ailments
Apart from immune support, propolis has also displayed therapeutic effects against many health conditions such as cold and flu symptoms, oral health issues, wound healing, certain cancers and cardiovascular problems. Its flavonoids and phenolics are responsible for the antioxidant, anticancer, anti-inflammatory and antimicrobial activities. Ongoing research is exploring the application of propolis in treating chronic diseases which is further fuelling its market growth. Its natural remedy benefits have created huge consumer demand for propolis in pharmaceuticals, dietary supplements and personal care space.
Production Challenges Pose constrain Propolis Market Expansion
Propolis is a naturalplant resin collected by honey bees from tree buds and sap whichmakes its harvesting process difficult and labor intensive for beekeepers. It requires specialequipment and methods to scrape traces of propolis off beehives without harming the bees. Thischallenging extraction limits the commercial availability of raw propolis and increases its productioncosts significantly. The difficult harvesting acts as a major constrain on the suppliers' ability to meetthe growing consumer demand for propolis products.
Organic Certification Offers Lucrative Opportunity
The organic certification has opened a lucrative opportunity in the propolis market as consumers are increasingly preferring certified organic labelled products which are free from chemical residues and grown/processed sustainably. Due to propolis' natural composition without any synthetic additives added during production, its certification against organic standards becomes easy. Brands offering organic certified propolis supplements, foods and cosmetics can attract premium buyers and expand their market reach. This organic trend also helps differentiate product offerings from regular supply and fetches higher margins. Propolis producers can capitalize on this opportunity by obtaining certification and marketing organic propolis to address the growing health-conscious consumer base worldwide.
Popularity of Natural Remedies drives Propolis Market Growth
The rising health awareness among global population has led to increased preference for natural remedies over synthetic medications in recent years. As people aim to lead healthier lifestyles with minimum side-effects, they are actively seeking out plant-based alternatives to drugs. Propolis with its anti-inflammatory, antioxidant and immunity boosting effects derived from bees' natural formulas fits perfectly in this natural remedies trend. Its growing popularity as a safe supplement to treat various common illnesses without adverse impact on general well being is one of the key trends proliferating the propolis market demand and scope of applications.
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Key Benefits For Stakeholders
The report provides an in-depth analysis of the global bromine derivatives market trends along with the current and future market forecast.
This report highlights the key drivers, opportunities, and restraints of the market along with the impact analyses during the forecast period.
Porter's five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the bromine derivatives industry for strategy building.
A comprehensive global bromine derivatives market analysis covers factors that drive and restrain the market growth.
The qualitative data in this report aims on market dynamics, trends, and developments.
The report answers a number of crucial questions, including:
➥ Which companies dominate the global Propolis market ?
➥ What current trends will influence the market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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