Daten aus dem Cache geladen. The Global Propolis Market is Poised to Exhibit Significant Growth...

The Global Propolis Market is Poised to Exhibit Significant Growth over the Next Decade

0
1K

The global propolis market is estimated to be valued at US$ 636.1 million in 2022 and is expected to exhibit a CAGR of 5.48% over the forecast period from 2022 to 2030.

Key Takeaways

The Global Propolis Market Size was valued at USD 636.1 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.48% from 2023 to 2030. Geographically, Europe dominated the global market in 2021 due to high demand for propolis in the region's natural cosmetics and pharmaceutical industries. Some of the key regional markets include North America and Asia Pacific as well.

Regional Analysis

Europe is expected to dominate the propolis market during the forecast period. The growing popularity of herbal medicines and natural skincare products has boosted the demand for propolis in countries like Germany, France, Italy, and the UK. Eastern European countries, especially Ukraine, Bulgaria and Russia have emerged as the major producers of propolis globally.

Key Players Analysis

Key players operating in the propolis market are Herb Pharm LLC, Apis Flora, Bee Health Limited, Y.S. Organic Bee Farms, Comvita Ltd, Wax Green, Apiary Polenecter, Uniflora Health Foods, Sunyata Pon Lee, NOW Foods, and Bio Botanica Inc. (Nature’s Answer). Major players are focusing on new product launches, technological advancements and strengthening their distribution channels to gain larger market share.

 

 

Read more - https://www.insightprobing.com/propolis-market-outlook-and-size-analysis/ 

Search
Categories
Read More
Other
Health Insurance Market, Size Anticipated to Observe Growth at a Steady Rate of 4.6% for the Study Period 2030
Health Insurance Market Analysis and Size Increasing costs for medical services and the...
By Sakshi Farkade 2023-12-14 06:54:12 0 1K
Other
Market Dynamics: Supply Chain Challenges in the Antimicrobial Coatings Market
The antimicrobial coatings market comprises coatings that are applied on various surfaces to...
By Jack Smith 2024-10-24 12:00:03 0 161
Other
Canned Tomatoes: A Convenient and Versatile Ingredient
Tomatoes are one of the most versatile vegetables used in cooking. While fresh tomatoes have...
By Dhanashri Patil 2024-02-07 07:12:17 0 1K
Health
Orthopedic Braces and Supports Market Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2032
The Global Orthopedic Braces And Supports Market has been experiencing significant growth and is...
By Ava Jones 2023-06-07 05:05:19 0 2K
Health
Buy Vyvanse Online To Improve Attention Of Your Child
You can conveniently Order Vyvanse Online in different formulations, including fast-acting and...
By Levi Jonn 11 2024-02-12 12:47:33 0 1K