Propolis Market, By Product Type (Capsules and Tablets, Liquids, Creams, and Other Product Types), By Distribution Channel (Retail Store, Online, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Feb 2025

Code : CMI5415

Pages :130

Formats :

Excel and PDF

Industry : Consumer Goods

Propolis Market Size and Trends

The global propolis market is estimated to be valued at USD 701.3 Mn in 2025 and is expected to reach USD 840.0 Mn by 2032, growing at a compound annual growth rate (CAGR) of 2.6% from 2025 to 2032.

Propolis Market Key Factors

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Propolis is used extensively in various industries like food and beverages, personal care & cosmetics, and pharmaceuticals. The increasing awareness about the health benefits of propolis is driving the market growth. The demand for propolis is increasing globally due to growing consumer awareness regarding the health benefits offered by propolis. The increasing use of propolis in various applications like functional foods, dietary supplements, personal care products, etc. is expected to boost the market growth. The booming nutraceuticals industry and rising adoption of natural and herbal ingredients in food and cosmetics are some key factors that are expected to support the demand for propolis. However, stringent regulations regarding the use of propolis may hamper the market growth.

Natural health trends increasing demand for propolis

The last few decades have witnessed an increasing shift of consumer preference towards natural and herbal products for health and wellness. With growing health consciousness, people are opting for foods, supplements, or remedies which are derived from natural sources without any synthetic chemicals or additives. Moreover, as science continues to validate the various healing properties of natural ingredients used in traditional medicines, public trust in such natural remedies has been rising. Propolis falls under this category of natural health products, as it possesses antibacterial, antiviral, and anti-inflammatory properties to support immunity and overall well-being. With its enriched composition of resins, essential oils, pollen, and other compounds collected by bees from tree buds and bark, propolis is now recognized to have therapeutic benefits. As consumers are increasingly demanding natural ways to boost health and fight diseases with minimal side effects, the use of propolis as a supplementary natural medicine is rising. Specialized propolis extract formulations are now available in the form of dietary supplements, ointments, and lozenges which consumers can incorporate in their daily routines to benefit from its medicinal properties. This driver towards natural remedies for promotion of health is playing an important role in augmenting the demand for propolis extracts worldwide.