Propolis Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Propolis Market is segmented by Product Type (Capsules and Tablets, Liquids, Creams, and Other Product Types), Distribution Channel (Offline Retail Stores and Online Retail Stores), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East & Africa). The report offers market size and forecasts in value (USD million) for all the above segments.

Market Snapshot

global propolis market
Study Period: 2016 -2027
Base Year: 2021
Fastest Growing Market: Middle-East and Africa
Largest Market: Europe
CAGR: 5.48 %

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Market Overview

The propolis market is projected to register a CAGR of 5.48% during the forecast period, 2022-2027.

The COVID-19 pandemic led to the increased demand for propolis for its functional properties. However, the supply chain of the market studied was vastly affected by the falling production of propolis as an ingredient. The COVID-19 lockdown has presented a peculiar problem for beekeepers and bees. As countries go into extended lockdowns, the movement of non-essential vehicles has come to a standstill. Consequently, bee farmers found it difficult to move their bee boxes from one place to another, both cross-country and internationally, which resulted in bees starving to death; this reduced bee pollination and the production of propolis. Moreover, the availability of limited labor power further impacted the production of end products, negatively impacting the propolis market.

Over the long term, propolis intake strengthens the immune system, simultaneously serving as an antioxidant, anesthetic, and wound healer, which makes it an important component of the pharmaceutical sector.

One of the challenges while purchasing propolis is the lack of standardization across available brands. Many brands state they are made from 20% pure propolis. However, this does not inform the consumer of the quality of that 20%. Such a drawback in information transparency might restrain the growth of the market.

Scope of the Report

Propolis or bee glue is a resinous mixture that honey bees produce by mixing saliva and beeswax with exudate gathered from tree buds, sap flows, or other botanical sources. The propolis market is segmented by product type, distribution channel, and geography. By Product Type, the market is segmented into Capsules and Tablets, Liquids, Creams, and Other Product Types. Based on Distribution Channel, the market is segmented into Offline Retail Stores and Online Retail Stores. The Offline Retail Stores segment is further sub-segmented into Supermarkets/Hypermarkets, Pharmacies and Drugstores, and Other Offline Retail Stores. Also, the report provides global insights into the propolis market in the major economies across regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).

By Product Type
Capsules and Tablets
Other Product Types
By Distribution Channel
Offline Retail Stores
Pharmacies and Drugstores
Other Offline Retail Stores
Online Retail Stores
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Rest of Asia-Pacific
South America
Rest of South America
Middle-East and Africa
Saudi Arabia
South Africa
Rest of Middle-East and Africa

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Key Market Trends

Increased Popularity of Antioxidants

The multifunctional attributes of antioxidants, specifically the one inducing younger skin and facial aesthetics, have been primarily drawing consumer interest toward food and beauty products incorporating all sources of antioxidants, including the potentially growing propolis. Researchers have identified more than 300 compounds in propolis, the majority of which are found to be forms of polyphenols. Polyphenols being antioxidants, help fight disease and damage prompted in the body. More precisely, propolis contains polyphenols called flavonoids, which constitute a great antioxidant source. More consumers are willing to include antioxidants in their daily intake, and so the growing prevalence of the ingredient in beauty and health supplements, propolis capsules, and extracts is anticipated to gain traction and witness a flourishing growth in sales during the forecast period. For instance, Red Bee Propolis by Natura Nectar is among the well-known propolis supplements that claim to provide one of nature's most powerful antioxidants that are even higher than super-fruits.

Propolis Market1

Europe Holds the Largest Market Share

The growing demand for propolis in Europe can be attributed to the rising health awareness and its ability to boost the immune system and digestive health and reduce wrinkles among adults. Additionally, propolis is a gluten-free product that can be used by people suffering from coeliac diseases. At present, in the United Kingdom, around 20% of the total population is aged above 65 years. The rise in the elderly population, along with the ability to spend more on healthcare products, is expected to augment the market growth. On account of their nutritional and health benefits, they are widely being used to boost immunity. Based on the epidemiological and preclinical studies, propolis has a chemo-preventive activity, which decreases the risk of cancer. As per the data from the Cancer Research UK, every two minutes, someone in the United Kingdom is diagnosed with cancer. The rising incidence of cancer among the British people and evidence from clinical studies aid the propolis market growth.


Competitive Landscape

The use of propolis is taking place at a huge scale since the disclosing of associated healthcare benefits. Manufacturers from countries like Brazil, New Zealand, China, Russia, and Turkey are introducing the extraction of propolis on an industrial scale. The products are visible in the market in the form of capsules, sprays, and extracts. The market's major players are Comvita Ltd, Wax Green, Bee Health Ltd., Apis Flora, Lehning Laboratories SA, YS Organic Bee Farms, Uniflora Health Foods, Apiário Polenectar, and MN Propolis. The strategy for partnerships, joint ventures, and mergers has been the crucial strategy behind the development of these companies in the global market scenario. Over the past few years, expanding the market presence to emerging economies has been a key strategy behind the growth of major companies. However, key market players are focusing on building and sustaining their brand image through advertising, sample distribution, and brand promotion.

Recent Developments

In 2021, Comvita Ltd announced a strategic partnership with Caravan, a joint venture with entertainment and sports agency, Creative Artists Agency (CAA). The new partnership with Caravan will help increase consumer awareness about the benefits of Mānuka Honey and Propolis by forming a celebrity-backed lifestyle brand using the natural healing properties of Mānuka Honey and Propolis for topical use.

In 2021, Innovations in Nutrition + Wellness (INW) announced that it had acquired Bee Health, the United Kingdom's leading developer and manufacturer of nutritional supplements. INW and Bee Health's highly complementary product capabilities and geographical scope will further enhance the services provided to brand partners.

Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry


    1. 5.1 By Product Type

      1. 5.1.1 Capsules and Tablets

      2. 5.1.2 Liquids

      3. 5.1.3 Creams

      4. 5.1.4 Other Product Types

    2. 5.2 By Distribution Channel

      1. 5.2.1 Offline Retail Stores

        1. Supermarkets/Hypermarkets

        2. Pharmacies and Drugstores

        3. Other Offline Retail Stores

      2. 5.2.2 Online Retail Stores

    3. 5.3 Geography

      1. 5.3.1 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      2. 5.3.2 Europe

        1. United Kingdom

        2. Germany

        3. Spain

        4. France

        5. Italy

        6. Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. Rest of Asia-Pacific

      4. 5.3.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.3.5 Middle-East and Africa

        1. Saudi Arabia

        2. South Africa

        3. Turkey

        4. Rest of Middle-East and Africa


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Positioning Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Herb Pharm LLC

      2. 6.3.2 Apis Flora

      3. 6.3.3 Bee Health Limited

      4. 6.3.4 YS Organic Bee Farms

      5. 6.3.5 Comvita Ltd

      6. 6.3.6 Wax Green

      7. 6.3.7 Apiary Polenecter

      8. 6.3.8 Uniflora Health Foods

      9. 6.3.9 Sunyata Pon Lee

      10. 6.3.10 NOW Foods

      11. 6.3.11 Bio Botanica Inc. (Nature’s Answer)

    4. *List Not Exhaustive


**Subject to Availability

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Frequently Asked Questions

The Propolis Market market is studied from 2016 - 2027.

The Propolis Market is growing at a CAGR of 5.48% over the next 5 years.

Middle-East and Africa is growing at the highest CAGR over 2021- 2026.

Europe holds highest share in 2021.

Comvita, Wax Green, Apis Flora, Apiário Polenectar, Innovations in Nutrition + Wellness are the major companies operating in Propolis Market.

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