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PROPOLIS MARKET 2021 Industry Survey, Growth, Competitive Landscapeand Forecasts to 2027 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)
PROPOLIS MARKET 2021 Propolis Market 2021: Industry Survey, Growth, CompetitiveLandscape and Forecasts to 2027 Market Research Future (MRFR) asserts that the global propolis market is anticipated to demonstrate a healthy CAGR during the forecast period (2018-2023) owing to its augmenting demand in the healthcare sector. Also termed as bee glue, propolis is referred to as a resinous substance which is generally obtained from honeybees and contains active organic chemical compounds like essential oils, flavonoids, amino acids, and aromatic acids. Being antiviral, antibacterial, anti-inflammatory, and antifungal, propolis is extremely used to treat abscesses and heal wounds. With the augmenting demand for propolis in the healthcare sector, the market is likely to foster throughout the assessment period. Propolis is extensively used in treating cancer of the throat and nose owing to its anticancer and anti-tumoral properties. The product is highly used to treat chronic diseases like tuberculosis and cancer including other diseases such as cold sores, canker sores, upper respiratory tract infections, oral mucositis, and ulcers. Such factors are likely to offer an impetus to the market growth in the coming years. Propolis extract is also used in several cosmetic products like lotions, anti-acne soaps, shampoos, and anti-dandruff conditioners. It is also used as an anti-acne, anti-aging, moisturizing, and conditioning agent. Consumers are inclined towards personal care and well-being products which fuel the market growth globally. Moreover, with the increasing use of propolis in the food and beverage sector as food preservation and as an antioxidant, the market is anticipated to boom. The market is also driven by the development and advancements made in the harvesting technology which results in improved production. Increasing focus on R&D results to innovation in propolis harvesting that further leads to increased quality and quantity of the final product. www.marketresearchfuture.com
PROPOLIS MARKET 2021 Study Objectives of PROPOLIS Market: • Propolis manufacturers • Honeybee product manufacturers, suppliers, traders • Dietary supplements manufacturers • Personal care ingredients manufacturers and suppliers • Personal care product manufacturers • Pharmaceutical product manufacturers • Raw material suppliers • Retailers and wholesalers • Traders, importers, and exporters Enquiry of the Report: https://www.marketresearchfuture.com/enquiry/782 www.marketresearchfuture.com
PROPOLIS MARKET 2021 Regional Analysis Geographically, the propolis market span across regions namely, North America, Asia Pacific, Latin America, Europe, and the Middle East & Africa. The Asia Pacific region is anticipated to expand at the highest growth rate owing to the augmenting demand for propolis in the healthcare sector. Moreover, the increasing use of propolis in several beauty products along with the accelerating demand for personal care products is likely to foster the market growth in this region. Additionally, the presence of nations such as China, Japan, Singapore, South Korea, and India are aiding the market growth in the coming years. Regions like Europe and North America are estimated to dominate the propolis market owing to the increasing demand for the product in personal care & cosmetics as well as in the healthcare sector. In North America, the U.S. occupied the major share due to the large-scale production and high consumption of cosmetic products. Browse Report @ https://www.marketresearchfuture.com/reports/propolis-market-782 www.marketresearchfuture.com
PROPOLIS MARKET 2021 Application & Major Players in this Research: PROPOLIS Market Prominent Players: The prominent players operating the global propolis market are Bee Health Limited (UK), B Natural SRL (Italy), Pharma Base SA (Switzerland), Comvita (New Zealand), Herbaland Naturals Inc. (Canada), Laprell's Beehive Products Inc. (Canada), the Propolis People (South Africa), Hi-Tech Natural Product India Ltd (India), Natures Goodness (Australia), Shaanxi Rebecca Bio-Tech Co. Ltd (China), Arataki Honey Ltd (New Zealand), and SunyataPon Lee (Brazil). Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/782 www.marketresearchfuture.com
ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com Copyright © 2021 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. www.marketresearchfuture.com
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