Top Propolis Companies

Propolis Market size was valued at USD 688.8 Million in 2024 and is poised to grow from USD 706.02 Million in 2025 to USD 860.22 Million by 2033, growing at a CAGR of 2.5% during the forecast period (2026–2033).

The global propolis market is highly competitive, with a large number of small-scale producers and a few large companies operating in the market. To increase their market presence and customer base, these companies are concentrating on strategies like mergers and acquisitions, partnerships, and the launch of new products. To meet the growing demand for natural and organic products, businesses are also making significant investments in R&D initiatives to create fresh and inventive propolis-based products. Additionally, factors like cost, quality, and the availability of raw materials influence the market competition. 'Apis Flora (Brazil)​', 'Comvita Limited (New Zealand)​ ', 'Manuka Health New Zealand (New Zealand) ', 'NaturaNectar (USA) ', 'Bee Health Limited (UK)​ ', 'Y.S. Eco Bee Farms (USA)​ ', 'Apis Global Products (Australia)​ ', 'Uniflora Health Foods (Brazil)​ ', 'Wax Green (Brazil)​ ', 'Now Foods (USA)​ ', 'Herbaland Naturals Inc. (Canada)​ ', 'Bee Pollen Buzz (Canada)​ ', 'Durhams Bee Farm Inc. (USA)​ ', 'Apis Himalaya Honey (India)​ ', 'Bee Naturals (USA)​ ', 'Nature's Answer (USA)​ ', 'Propolis People (Australia) ', 'Zhifengtang Bee Products (China)​ ', 'Forever Living Products (USA)'

A key driver for the market is the rising awareness of the health benefits associated with propolis. The growing awareness of its antibacterial, antiviral, and anti-inflammatory properties increasingly compels consumers to adopt natural alternatives. Such trends are seen most often among those trying to use supplements as a nutritional intervention that can address health issues or augment the immune system, thus making propolis ideal for people who care about their well-being. 

Increasing Demand for Sustainable Products: Rising consumer awareness and demand for a better life are the most significant trends in the propolis market: increased demand for natural products. Consumers are increasingly opting for items manufactured from the natural source, not medication and synthetic chemicals. This shift is due to fears over the potential side effects and long-term health consequences of artificial chemicals. Propolis is a good fit for the natural goods movement due to the high content of bioactive compounds and the low requirements of processing. Moreover, demand for Propolis products increases continuously due to clean labels. The clean label demand states that the customer must know the components of products. The consumer needs that propolis can provide convenient and diverse uses thus driving a highly notable trend in the propolis market. 

In 2023, North America accounted for the highest propolis market share in terms of revenue. The high demand is mainly attributed to the US and Canada. Increasing incidences of genital herpes and other herpes viruses are among the key drivers of demand for it. Propolis has emerged as a potential natural remedy for these disorders. These conditions tend to be more prevalent in the US; thus, propolis serves as a needful remedy among patients. Increasing imports, which now require propolis products, will enhance market growth considerably within the next few years. Expansion in the awareness of consumers regarding health benefits of propolis and natural medicines boosts propolis market growth.