Propolis Market, By Product Type (Capsules and Tablets, Liquids, Creams, Other Product Types), By Distribution Channel (Offline Retail Stores, Online Retail Stores), and By Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Propolis is a product made by bees from the resin of various plants. It is available in a variety of forms and can be purchased in health food stores and pharmacies. It is used as a skin lotion, cream, and ointment. In addition, it can be taken orally in the form of capsules, tablets, and liquid extracts. Propolis has antioxidant properties that help prevent oxidative damage in the body. The active ingredient of propolis is coniferaldehyde. It helps protect hepatocytes and lipids from oxidative damage. Propolis is also known to protect liver function from damage due to oxidative stress.
Market Dynamics:
The global propolis market is fueled by increasing demand for the product due to its numerous health benefits. For example, propolis is rich in antioxidants and bioactive compounds, which have antibacterial, antifungal, anti-inflammatory, and immunomodulatory properties. Moreover, propolis is becoming more readily available as dietary supplements, which are increasingly popular among consumers. In addition to these benefits, propolis is used in cosmetics and other health products. It is often used to treat burns, acne, fungal infections, and neurodermatitis. It is also used as a cancer treatment as it helps in inhibiting the growth of cancer cells. All these factors are projected to augment the market growth.
However, the raw material for making propolis is not available in its pure form which is expected to hamper the market growth.
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