Propolis Market

By Product Type;

Capsules/Tablets, Liquid, Creams and Others

By Category;

Alcohol-Based and Alcohol-Free

By Distribution Channel;

Offline and Online

By Geography;

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

Propolis Market Overview

Propolis Market (USD Million)

Propolis Market was valued at USD 710.97 million in the year 2024. 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 Market

*Market size in USD million

CAGR 5.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.4 %
Market Size (2024)USD 710.97 Million
Market Size (2031)USD 1,027.40 Million
Market ConcentrationMedium
Report Pages341
710.97
2024
1,027.40
2031

Major Players

  • Comvita
  • Wax Green
  • Apis Flora
  • Apirio Polenectar
  • MN Propolis

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Propolis Market

Fragmented - Highly competitive market without dominant players



The propolis market continues to expand as consumers increasingly turn to natural remedies for wellness. Nearly 55% of individuals now favor herbal-based solutions, driving the demand for propolis in nutraceuticals and functional foods. Its wide-ranging benefits, including antioxidant, anti-inflammatory, and antimicrobial effects, make it a preferred choice in preventive healthcare.

Integration into Pharmaceuticals
Propolis has gained significant traction in pharmaceutical applications, representing more than 40% of its usage. It is commonly found in immune-boosting formulations, wound-healing ointments, and throat sprays. Its medicinal value in fighting infections and supporting immunity is fueling its adoption in both over-the-counter and prescription-based products.

Applications in Cosmetics and Skincare
The cosmetics sector is witnessing rapid growth in the use of propolis, especially due to its skin-repairing and anti-aging properties. Over 30% of new organic skincare products include propolis as a core ingredient. Its ability to improve skin texture, reduce inflammation, and enhance regeneration has established it as a key natural component in personal care products.

Future Market Outlook
The propolis industry is set for continued growth, driven by innovation and expansion across multiple sectors. More than 35% of recent product launches emphasize functional benefits, underscoring its market potential. With rising investments in natural formulations, propolis is positioned as a vital element in the evolving wellness landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Category
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. 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. Propolis Market, By Product Type, 2021 - 2031 (USD Million)
      1. Capsules/Tablets
      2. Liquid
      3. Creams
      4. Others
    2. Propolis Market, By Category, 2021 - 2031 (USD Million)
      1. Alcohol-Based
      2. Alcohol-Free
    3. Propolis Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Offline
      2. Online
    4. 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 Limited
      2. Apis Flora
      3. Bee Health Limited
      4. Wax Green
      5. Manuka Health New Zealand
      6. Y.S. Organic Bee Farms
      7. Uniflora Health Foods
      8. Sunyata Pon Lee
      9. NOW Foods
      10. Herb Pharm LLC
      11. Apis Global
      12. Arkopharma SAS
      13. Bee Healthy Farms
      14. CC Pollen
      15. Evergreen Healthfoods Ltd.
  7. Analyst Views
  8. Future Outlook of the Market