Propolis Power Market
Propolis Power Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Propolis Power Market Size and Growth
The Propolis Power market is experiencing robust growth, driven by rising consumer demand for natural health products. The current market size is estimated at USD 600 million, with projections indicating a compound annual growth rate (CAGR) of 8% over the next five years, influenced by increasing awareness and health benefits of propolis.
Companies Covered
(Covid 19 Impact Covered)
◍ Apis Flora
◍ Wax Green
◍ Comvita
◍ MN Propolis
◍ Polenectar
◍ King's Gel
◍ Evergreen
◍ Ponlee
◍ Uniflora
The Propolis Power Market is growing with companies like Apis Flora, Wax Green, Comvita, MN Propolis, Polenectar, King's Gel, Evergreen, Ponlee, and Uniflora driving innovation. These firms leverage unique formulations and sustainable practices to expand product offerings, enhancing market growth. Sales revenues include:
- Comvita: $207 million
- Apis Flora: $40 million
- MN Propolis: $25 million
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Market Segmentation
By Application
By Product
◍ Glycol Extracted Propolis (GEP) ◍ Other ◍ Food Industry ◍ Cosmetic Industry
◍ Supercritical Extraction CO2 (SFE)
◍ Ethanol Extracted Propolis (EEP)
◍ Pharmaceutical Industry ◍ Other
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Market Growth
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$ X Billion USD
