Global Propolis Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Form;

Capsules, Sprays and Extracts.

By Alcohol Content;

Alcohol-containing, and Alcohol-Free.

By Distribution Channel;

Retail Store, Online.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn979147465 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Propolis Market (USD Million), 2021 - 2031

In the year 2024, the Global Propolis Market was valued at USD 710.97 million. The size of this market is expected to increase to USD 1,027.40 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.4%.

Propolis is a natural resin-like substance collected by honeybees from tree buds, sap flows, or other botanical sources. Known for its antimicrobial, anti-inflammatory, and antioxidant properties, propolis has been utilized in traditional medicine and wellness products for centuries. Today, it is increasingly recognized for its potential health benefits, leading to a surge in demand across various global markets. This growth is driven by the rising consumer interest in natural and organic products, as well as increasing awareness about the benefits of propolis in health and wellness.

The global propolis market is expanding rapidly, fueled by both traditional uses and innovative applications. Propolis is widely used in dietary supplements, skincare products, and as a natural remedy for various ailments. Its versatility in application, combined with growing consumer preference for natural ingredients, has spurred its popularity. This trend is particularly evident in the rising demand for propolis in emerging markets, where consumers are becoming more health-conscious and open to alternative remedies.

Several factors are contributing to the market's growth. First, the increasing prevalence of chronic diseases and the shift towards preventive healthcare are driving demand for natural health products. Additionally, the growing trend of organic and natural beauty products has enhanced the appeal of propolis in the skincare industry. Innovations in propolis extraction and processing technologies are also making it more accessible and effective, further boosting its market presence.

Despite its growth, the propolis market faces challenges such as fluctuations in raw material supply and the need for standardization in product quality. However, these challenges also present opportunities for market players to innovate and establish robust supply chains. Research and development efforts are focused on expanding the applications of propolis and improving its efficacy, which could lead to new market segments and increased consumer adoption. As the market continues to evolve, stakeholders must navigate these dynamics to capitalize on the growing interest in this versatile natural product.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Form
    2. Market Snapshot, By Alcohol Content
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Propolis Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Health Awareness
        2. Increasing Use in Natural Remedies
        3. Growing Demand in Cosmetics
      2. Restraints
        1. Limited Raw Material Supply
        2. Regulatory Challenges
        3. High Production Costs
      3. Opportunities
        1. Expanding Emerging Markets
        2. Innovations in Product Applications
        3. Increasing E-commerce Sales

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Propolis Market, By Form, 2021 - 2031 (USD Million)
      1. Capsules
      2. Sprays
      3. Extracts
    2. Global Propolis Market, By Alcohol Content, 2021 - 2031 (USD Million)
      1. Alcohol-containing
      2. Alcohol-free
    3. Global Propolis Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Retail Store
      2. Online
    4. Global Propolis Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Comvita
      2. Wax Green
      3. Apis Flora
      4. Apirio Polenectar
      5. MN Propolis
  7. Analyst Views
  8. Future Outlook of the Market