MarketResearchNest.com
adds “Global Propolis Market Growth
2019-2024”new report to its research database.
Propolis is a resinous substance collected from the buds of
certain trees by bees and used as a cement or sealant in the construction of
their hives.
The raw and
unprocessed propolis commonly consists of roughly 55 percent resinous compounds
and balsam, 30 percent beeswax, 10 percent ethereal and aromatic oils, and 5
percent bee pollen. Its constituents and color, ranging from golden brown to
reddish to almost black, depends on the tree source of collection, the most
common being dark brown. Propolis is sticky at and above room temperature, 20
°C (68 °F). At lower temperatures, it becomes hard and very brittle.
Until now, over 200 chemical compounds have already been
identified in the propolis including flavonoids, terpenoids, aldehydes,
aromatic acids, aliphatic alcohols and ethers, amino acids, sugars etc.
Propolis is widely used in the food industry, cosmetic industry and
pharmaceutical industry etc.
Now entering the industry standard is relatively low, which
causing the low industry concentration, and a large number of smaller
manufacturers.
China is the largest consumption region, with an average
consumption growth rate of 11.52% from 2011 to 2016. Brazil, who is also a
major production region, is the second consumption region, whose consumption
market share is estimated to be 6.66% in 2016. In the next five years, the
global consumption of propolis will maintain a 3.50% annual growth rate,
consumption is expected to be 2867 Tonnes in 2021.
Along with the development of Chinese domestic propolis,
Chinese domestic propolis has been mature and advanced, and the performance
distance has been shortening compared with the imported propolis. In addition,
the counterfeiting phenomenon is a very serious in China. The country is committed
to eliminating illegal processing.
According to this study, over the next five years the
Propolis market will register a xx% CAGR in terms of revenue, the global market
size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular,
this report presents the global market share (sales and revenue) of key
companies in Propolis business, shared in Chapter 3.
This report presents a comprehensive overview, market
shares, and growth opportunities of Propolis market by product type, application,
key manufacturers and key regions and countries.
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This study considers
the Propolis value and volume generated from the sales of the following
segments:
Segmentation by
product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to
2024 in section 11.7.
·
Supercritical
Extraction CO2 (SFE)
·
Ethanol
Extracted Propolis (EEP)
·
Glycol
Extracted Propolis (GEP)
·
Other
Segmentation by
application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to
2024 in section 11.8.
·
Food
Industry
·
Cosmetic
Industry
·
Pharmaceutical
Industry
·
Other
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contents and data tables @
This report also
splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas, United States, Canada, Mexico, Brazil, APAC,China,
Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy,
Russia, Spain, Middle East and Africa, Egypt, South Africa,Israel, Turkey, GCC
Countries
The report also
presents the market competition landscape and a corresponding detailed analysis
of the major vendor/manufacturers in the market. The key manufacturers covered
in this report: Breakdown data in in Chapter 3.
·
Apis Flora
·
Wax Green
·
Comvita
·
MN Propolis
·
Polenectar
·
King's Gel
·
Evergreen
·
Ponlee
·
Uniflora
·
Manuka Health New Zealand
·
Zhifengtang
·
Wang's
·
Bricaas
·
Baihua
·
Beewords
·
Zhonghong Biological
·
Baoshengyuan
·
Jiangshan Hengliang
·
Health and Love
·
Hongfa
·
Jiangsu Rigao Bee Products
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In addition, this report discusses the key drivers
influencing market growth, opportunities, the challenges and the risks faced by
key players and the market as a whole. It also analyzes key emerging trends and
their impact on present and future development.
Research objectives
·
To study and analyze the global Propolis
consumption (value and volume) by key regions/countries, product type and
application, history data from 2014 to 2018, and forecast to 2024.
·
To understand the structure of Propolis market
by identifying its various subsegments.
·
Focuses on the key global Propolis
manufacturers, to define, describe and analyze the sales volume, value, market
share, market competition landscape, SWOT analysis and development plans in
next few years.
·
To analyze the Propolis with respect to
individual growth trends, future prospects, and their contribution to the total
market.
·
To share detailed information about the key
factors influencing the growth of the market (growth potential, opportunities,
drivers, industry-specific challenges and risks).
·
To project the consumption of Propolis submarkets,
with respect to key regions (along with their respective key countries).
·
To analyze competitive developments such as
expansions, agreements, new product launches, and acquisitions in the market.
·
To strategically profile the key players and
comprehensively analyze their growth strategies.
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