Propolis Market (Updated Version Available)

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.

The report offers detailed coverage of Propolis industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Propolis by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Propolis market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Propolis market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
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 & Love
Hongfa
Jiangsu Rigao Bee Products

At the same time, we classify Propolis according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Supercritical Extraction CO2 (SFE)
Ethanol Extracted Propolis (EEP)
Glycol Extracted Propolis (GEP)
Other
Market by Application
Food Industry
Cosmetic Industry
Pharmaceutical Industry
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Propolis market for the forecast period 2021 - 2025?
• What are the driving forces in the Propolis market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Propolis industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?