Pune, India -- (SBWire) -- 02/07/2019 --This comprehensive Global Propolis Market research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
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. Propolis is widely used in the food industry, cosmetic industry and pharmaceutical industry etc.
Now entering the industry standard is relatively low, which causing the low industry concentration, and a large number of smaller manufacturers.
China is the largest consumption region, with an average consumption growth rate of 11.52% from 2011 to 2016. Brazil, who is also a major production region, is the second consumption region, whose consumption market share is estimated to be 6.66% in 2016. In the next five years, the global consumption of propolis will maintain a 3.50% annual growth rate, consumption is expected to be 2867 Tonnes in 2021.
Along with the development of Chinese domestic propolis, Chinese domestic propolis has been mature and advanced, and the performance distance has been shortening compared with the imported propolis. In addition, the counterfeiting phenomenon is a very serious in China. The country is committed to eliminating illegal processing.
The global Propolis market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Propolis volume and value at global level, regional level and company level. From a global perspective, this report represents overall Propolis market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions:
North America, Europe, China and Japan.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Top manufacturers/players, sales volume, price, revenue (Million USD) and market share for each manufacturer/player:
- Apis Flora
- Wax Green
- Comvita
- MN Propolis
- Polenectar
- King's Gel
- Evergreen
- Ponlee
- Uniflora
- Manuka Health New Zealand
- Zhifengtang
- Wang's
- Bricaas
- Baihua
- Beewords
- Zhonghong Biological
- Baoshengyuan
- Jiangshan Hengliang
- Health and Love
- Hongfa
- Jiangsu Rigao Bee Products
Market by Product Type:
- Supercritical Extraction CO2 (SFE)
- Ethanol Extracted Propolis (EEP)
- Glycol Extracted Propolis (GEP)
- Other
Market by Application:
- Food Industry
- Cosmetic Industry
- Pharmaceutical Industry
- Other
Moreover, the research report assessed market key features, consisting of revenue, capacity utilization rate, price, gross, growth rate, consumption, production, export, supply, cost, market size & share, industry demand, export & import analysis, and CAGR
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The study objectives of this report are:
- To study and analyze the global Propolis market size (value and volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
- To understand the structure of Propolis market by identifying its various sub segments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global Propolis manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Propolis with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Propolis submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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Industry Analysis:
The food provides energy to us and every living being. Our body gets all the vital nutrients from the food we consume. The consumer wants hygiene and quality of the food. Bold and exotic flavors, snacking and simultaneously the health and wellness are all at the top priority of the consumer food preferences in 2019. Subscription food home delivery business will also continue to evolve. The food should be healthy and not be overpriced.
Consumers have become more health conscious, Street food inspired dishes , house made condiments, natural ingredients , locally sourced seafood, locally sourced veggies , culinary cocktails , locally produced wines/beers are on a demand. Various types of mobile apps are been introduced by the restaurants with interactive menus to provide fresh food on the Go. Homemade pickles, spreads, cakes, dinners are also on a greater demand.
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Global Propolis Market 2019 Industry Growth with CAGR in Forecast-2025
MarketResearchNest.com adds “Global Propolis Market Research Report 2019” new report to its research database. The report spread across 114 pages with multiple tables and figures in it.