The Europe Propolis Market would witness market growth of 2.4% CAGR during the forecast period (2023-2030).
The rising demand in the pharmaceutical and healthcare industries significantly propels market expansion. It is also utilized in a variety of dermatological treatments for burns, acne, fungal infections, and neurodermatitis. The product has applications in ointments and cancer treatment because it inhibits the growth and propagation of cancerous cells. Bees produce propolis from the buds of coniferous and poplar trees. It is typically derived from beehives and is rarely available in its purest form. This product is used to treat fever blisters, diabetes, and oral mucositis. In recent years, its demand has increased for this reason.
A rise in health consciousness makes consumers more inclined to purchase the product. In addition, a rise in living standards, a rise in health expenditures, an increase in disposable income, and widespread marketing of processed propolis will drive market expansion over the forecast period. Its ability to support the immune system, reduce wrinkles, and enhance digestive health contributes to the market's development.
Some food and beverage innovators experiment with propolis in unique culinary applications, such as in salad dressings, marinades, or as a flavouring agent in certain dishes. These experimental applications are relatively niche but indicate a growing interest in using propolis in creative ways within the food industry.
The increasing demand in Europe can be attributed to increased health consciousness and the product's ability to improve adults' immune and digestive health and reduce creases. In addition, the growing consumer interest in certified organic products as a result of rising concerns regarding the presence of metals, impurities, and microbial contamination has prompted numerous manufacturers to label the product as organic. For instance, Herbiolys Laboratoire is one of the French manufacturers and distributors of propolis with a vegan and organic designation. Such initiatives by market participants have fostered consumer confidence and fuelled market expansion.
The Germany market dominated the Europe Propolis Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $52.4 Million by 2030. The UK market is poised to grow at a CAGR of 1.6% during (2023 - 2030). Additionally, The France market would witness a CAGR of 3.2% during (2023 - 2030).
Based on Product Type, the market is segmented into Capsules & Tablets, Liquids and Others. Based on Distribution Channel, the market is segmented into Retail Store, Online, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Propolis Market is Projected to reach USD 743.9 Million by 2030, at a CAGR of 2.6%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Apis Flora Industrial e Comercial Ltda., Herb Pharm, LLC, Bee Health Limited (INW Manufacturing, LLC), YS Organic Bee Farms, Comvita Limited, Wax Green, Apiário Polenectar, Uniflora Nutraceutica Ltda, Sunyata Produtos Alternativos Ltda, and NOW Health Group, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Capsules & Tablets
- Liquids
- Others
By Distribution Channel
- Retail Store
- Online
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Apis Flora Industrial e Comercial Ltda.
- Herb Pharm, LLC
- Bee Health Limited (INW Manufacturing, LLC)
- YS Organic Bee Farms
- Comvita Limited
- Wax Green
- Apiário Polenectar
- Uniflora Nutraceutica Ltda
- Sunyata Produtos Alternativos Ltda
- NOW Health Group, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Propolis Market, by Product Type
1.4.2 Europe Propolis Market, by Distribution Channel
1.4.3 Europe Propolis Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis
Chapter 4. Europe Propolis Market by Product Type
4.1 Europe Capsules & Tablets Market by Country
4.2 Europe Liquids Market by Country
4.3 Europe Others Market by Country
Chapter 5. Europe Propolis Market by Distribution Channel
5.1 Europe Retail Store Market by Country
5.2 Europe Online Market by Country
5.3 Europe Others Market by Country
Chapter 6. Europe Propolis Market by Country
6.1 Germany Propolis Market
6.1.1 Germany Propolis Market by Product Type
6.1.2 Germany Propolis Market by Distribution Channel
6.2 UK Propolis Market
6.2.1 UK Propolis Market by Product Type
6.2.2 UK Propolis Market by Distribution Channel
6.3 France Propolis Market
6.3.1 France Propolis Market by Product Type
6.3.2 France Propolis Market by Distribution Channel
6.4 Russia Propolis Market
6.4.1 Russia Propolis Market by Product Type
6.4.2 Russia Propolis Market by Distribution Channel
6.5 Spain Propolis Market
6.5.1 Spain Propolis Market by Product Type
6.5.2 Spain Propolis Market by Distribution Channel
6.6 Italy Propolis Market
6.6.1 Italy Propolis Market by Product Type
6.6.2 Italy Propolis Market by Distribution Channel
6.7 Rest of Europe Propolis Market
6.7.1 Rest of Europe Propolis Market by Product Type
6.7.2 Rest of Europe Propolis Market by Distribution Channel
Chapter 7. Company Profiles
7.1 Apis Flora Industrial e Comercial Ltda.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Herb Pharm, LLC
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Bee Health Limited (INW Manufacturing, LLC)
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 YS Organic Bee Farms
7.4.1 Company Overview
7.4.2 SWOT Analysis
7.5 Wax Green
7.5.1 Company Overview
7.5.2 SWOT Analysis
7.6 Apiário Polenectar
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Uniflora Nutraceutica Ltda
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Sunyata Produtos Alternativos Ltda
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 NOW Health Group, Inc.
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Comvita Limited
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Acquisition and Mergers:
7.10.6 SWOT Analysis
TABLE 1 Europe Propolis Market, 2019 - 2022, USD Thousands
TABLE 2 Europe Propolis Market, 2023 - 2030, USD Thousands
TABLE 3 Europe Propolis Market by Product Type, 2019 - 2022, USD Thousands
TABLE 4 Europe Propolis Market by Product Type, 2023 - 2030, USD Thousands
TABLE 5 Europe Capsules & Tablets Market by Country, 2019 - 2022, USD Thousands
TABLE 6 Europe Capsules & Tablets Market by Country, 2023 - 2030, USD Thousands
TABLE 7 Europe Liquids Market by Country, 2019 - 2022, USD Thousands
TABLE 8 Europe Liquids Market by Country, 2023 - 2030, USD Thousands
TABLE 9 Europe Others Market by Country, 2019 - 2022, USD Thousands
TABLE 10 Europe Others Market by Country, 2023 - 2030, USD Thousands
TABLE 11 Europe Propolis Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 12 Europe Propolis Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 13 Europe Retail Store Market by Country, 2019 - 2022, USD Thousands
TABLE 14 Europe Retail Store Market by Country, 2023 - 2030, USD Thousands
TABLE 15 Europe Online Market by Country, 2019 - 2022, USD Thousands
TABLE 16 Europe Online Market by Country, 2023 - 2030, USD Thousands
TABLE 17 Europe Others Market by Country, 2019 - 2022, USD Thousands
TABLE 18 Europe Others Market by Country, 2023 - 2030, USD Thousands
TABLE 19 Europe Propolis Market by Country, 2019 - 2022, USD Thousands
TABLE 20 Europe Propolis Market by Country, 2023 - 2030, USD Thousands
TABLE 21 Germany Propolis Market, 2019 - 2022, USD Thousands
TABLE 22 Germany Propolis Market, 2023 - 2030, USD Thousands
TABLE 23 Germany Propolis Market by Product Type, 2019 - 2022, USD Thousands
TABLE 24 Germany Propolis Market by Product Type, 2023 - 2030, USD Thousands
TABLE 25 Germany Propolis Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 26 Germany Propolis Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 27 UK Propolis Market, 2019 - 2022, USD Thousands
TABLE 28 UK Propolis Market, 2023 - 2030, USD Thousands
TABLE 29 UK Propolis Market by Product Type, 2019 - 2022, USD Thousands
TABLE 30 UK Propolis Market by Product Type, 2023 - 2030, USD Thousands
TABLE 31 UK Propolis Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 32 UK Propolis Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 33 France Propolis Market, 2019 - 2022, USD Thousands
TABLE 34 France Propolis Market, 2023 - 2030, USD Thousands
TABLE 35 France Propolis Market by Product Type, 2019 - 2022, USD Thousands
TABLE 36 France Propolis Market by Product Type, 2023 - 2030, USD Thousands
TABLE 37 France Propolis Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 38 France Propolis Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 39 Russia Propolis Market, 2019 - 2022, USD Thousands
TABLE 40 Russia Propolis Market, 2023 - 2030, USD Thousands
TABLE 41 Russia Propolis Market by Product Type, 2019 - 2022, USD Thousands
TABLE 42 Russia Propolis Market by Product Type, 2023 - 2030, USD Thousands
TABLE 43 Russia Propolis Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 44 Russia Propolis Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 45 Spain Propolis Market, 2019 - 2022, USD Thousands
TABLE 46 Spain Propolis Market, 2023 - 2030, USD Thousands
TABLE 47 Spain Propolis Market by Product Type, 2019 - 2022, USD Thousands
TABLE 48 Spain Propolis Market by Product Type, 2023 - 2030, USD Thousands
TABLE 49 Spain Propolis Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 50 Spain Propolis Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 51 Italy Propolis Market, 2019 - 2022, USD Thousands
TABLE 52 Italy Propolis Market, 2023 - 2030, USD Thousands
TABLE 53 Italy Propolis Market by Product Type, 2019 - 2022, USD Thousands
TABLE 54 Italy Propolis Market by Product Type, 2023 - 2030, USD Thousands
TABLE 55 Italy Propolis Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 56 Italy Propolis Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 57 Rest of Europe Propolis Market, 2019 - 2022, USD Thousands
TABLE 58 Rest of Europe Propolis Market, 2023 - 2030, USD Thousands
TABLE 59 Rest of Europe Propolis Market by Product Type, 2019 - 2022, USD Thousands
TABLE 60 Rest of Europe Propolis Market by Product Type, 2023 - 2030, USD Thousands
TABLE 61 Rest of Europe Propolis Market by Distribution Channel, 2019 - 2022, USD Thousands
TABLE 62 Rest of Europe Propolis Market by Distribution Channel, 2023 - 2030, USD Thousands
TABLE 63 Key Information – Apis Flora Industrial e Comercial Ltda.
TABLE 64 Key Information – Herb Pharm, LLC
TABLE 65 Key Information – Bee Health Limited
TABLE 66 Key Information – YS Organic Bee Farms
TABLE 67 Key Information – Wax Green
TABLE 68 Key Information – Apiário Polenectar
TABLE 69 Key Information – Uniflora Nutraceutica Ltda
TABLE 70 Key Information – Sunyata Produtos Alternativos Ltda
TABLE 71 Key Information – NOW Health Group, Inc.
TABLE 72 Key Information – Comvita Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Propolis Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Propolis Market
FIG 4 Porter’s Five Forces Analysis – Propolis Market
FIG 5 Europe Propolis Market share by Product Type, 2022
FIG 6 Europe Propolis Market share by Product Type, 2030
FIG 7 Europe Propolis Market by Product Type, 2019 - 2030, USD Thousands
FIG 8 Europe Propolis Market share by Distribution Channel, 2022
FIG 9 Europe Propolis Market share by Distribution Channel, 2030
FIG 10 Europe Propolis Market by Distribution Channel, 2019 - 2030, USD Thousands
FIG 11 Europe Propolis Market share by Country, 2022
FIG 12 Europe Propolis Market share by Country, 2030
FIG 13 Europe Propolis Market by Country, 2019 - 2030, USD Thousands
FIG 14 SWOT Analysis: Apis Flora Industrial e Comercial Ltda.
FIG 15 SWOT Analysis: Herb Pharm, LLC
FIG 16 SWOT Analysis: Bee Health Limited
FIG 17 SWOT Analysis: YS Organic Bee Farms
FIG 18 SWOT Analysis: Wax Green
FIG 19 SWOT Analysis: Apiário Polenectar
FIG 20 SWOT Analysis: Uniflora Nutraceutica Ltda
FIG 21 SWOT Analysis: Sunyata Produtos Alternativos Ltda
FIG 22 SWOT Analysis: NOW Health Group, Inc.
FIG 23 Recent strategies and developments: Comvita Limited
FIG 24 SWOT Analysis: Comvita Limited