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.
The Propolis market covers Propolis Capsules, Propolis Liquids, etc. The typical players include Apis Flora, Wax Green, Comvita, MN Própolis, etc.
According to the new market research report “Global Propolis Market Report 2023-2029”, published by QYResearch, the global Propolis market size is projected to reach USD 0.83 billion by 2029, at a CAGR of 4.8% during the forecast period.
- Global Propolis MarketSize(US$ Million), 2018-2029
Based on or includes research from QYResearch: Global Propolis Market Report 2023-2029.
- Global Propolis Top32Players Ranking and Market Share（Based on data of 2021, Continually updated）
Based on or includes research from QYResearch: 2021 data information of Global Propolis Market Report 2023-2029.
The global key manufacturers of Propolis include Comvita, Zhifengtang, Apis Flora, Healthy Care, Manuka Health, Wax Green, Wang's, Swisse, Sunyata – Pon Lee, MN Própolis, etc. In 2021, the global top 10 players had a share approximately 35.0% in terms of revenue.
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