Bee Pollen to Boost the Global Bee-based Supplements Market Growth During the Forecast Period
Rising
health consciousness among consumers and increasing awareness regarding the
health benefits offered by bee-based supplements are driving the global market
during the projected period.
According to TechSci
Research report, “Bee-based Supplements Market – Global Industry
Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The growing health consciousness, rising
demand for organic and herbal nutrition from individuals, advanced technology
used in processing bee products are fueling the bee-based supplements market
worldwide. Other factors such as increasing product innovation by market players
and rise in the presence of bee-based supplements brands on online platforms
are also contributing to the overall sales of this market on the global level.
Bee-based supplements, such as bee
pollen, bee propolis, etc., have both nutritional and therapeutic uses. To
boost the nutritional value of other food products, some bee-based supplements
can be added to them or even consumed on their own due to their high bioactive
components and natural, rich nutritional content. The health of individuals is
positively impacted by the high nutritional value and favorable benefits of bee
supplements such as pollen, propolis, etc. Proteins, simple carbohydrates,
essential amino acids, and monounsaturated fatty acids are all abundant in
bee-based supplements. These properties boost immunity, aid the body in
actively combating bacteria, and promote optimal tissue regeneration, thus, protecting
general body health.
Moreover, the bee-based supplements
market, particularly bee pollen, has been observing a rise in demand from the
sports sector. Bee pollen is a popular sports-nutrition supplement among
professional athletes because of its potent revitalizing and stamina-building
effects. According to many energy specialists and sportspeople, bee pollen
supplements have been attributed to significantly increased performance and
stamina in endurance-building regimens. Because of its unique properties, bee
pollen can help the body produce more and more energy as needed.
Another bee-based supplement, i.e., bee
propolis, is gaining popularity for its antibacterial, antifungal, antimycotic,
antiseptic, anti-inflammatory, antioxidant, anti-ulcer, anti-cancer, and
immunomodulatory properties. Bees utilize propolis which is a resinous
substance from plant exudates, to cover cracks in their hives. Used in
traditional medicine, propolis has been chemically confirmed to have at least
300 different compounds. Resin makes up the majority of the substance, followed
by wax (30%), pollen (5%), essential oils (10%), Propolis is used to treat nose
and throat cancer because of its anti-tumor and anti-cancer properties. It
helps limit the growth of malignant cells, obstructing the connected tissue
routes..
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The bee-based supplements market is
segmented based on form, price segment, packaging, distribution channel, and
region. The packaging segment is segregated into sachet, bottle, and others.
Among which, the bottle segment dominates the market and is expected to
continue to dominate during the forecast period since it is more convenient
that the other packaging types.
The distribution channel segment is
divided into pharmacies & drugstores, supermarkets/hypermarkets, online,
and others (direct sales, distributor sales, etc.). Out of these, the online
segment is anticipated to register the highest growth due to factors such as
the increase in internet users, online platforms, and an increased adoption of
smartphones, etc. Various brands are broadening their presence on online
platforms to expand their consumer reach. Moreover, consumers prefer this mode
of purchase since it is convenient, saves time, and provides complete details
about the product. In addition, discounts & offers provided by brands
encourage consumers to purchase these products online. These factors are
projected to fuel the market growth in the forecast period.
Key market players in the bee-based
supplements market include:
- Lifetime Health Products Pty Ltd
- Apis Flora
- Bee Health Limited
- MN Propolis
- Beekeeper’s Naturals Inc.
- Chung jin biotech co., Ltd
- Nature’s Laboratory Ltd
- Uniflora Nutraceutica Ltda
- Y.S. Organic Bee Farms
- SDM Nutraceuticals Inc.
Furthermore, bee-based supplement
companies such as Bee&You, Stakich, etc., are launching new products to
cater to the increasing consumer demand for these products. This factor will
further expand the consumer base of the bee-based supplements market around the
world.
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"High demand from the sports sector
is driving the market growth of bee-based supplements worldwide, since they
contain energizing and stamina building properties and offer health benefits
Moreover, since market players are investing in research and development
strategies and coming up with various product innovations in their offerings. Owing
to these factors, the bee-based supplements market is projected to expand at a
higher rate during the forecast period.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
Bee-based
Supplements Market, By Form (Capsules, Tablets, Granules, Liquid,
Others (Powder, Gel, etc.)), By Price Segment (Low, Medium, High), By Packaging
(Sachet, Bottle, Others) By Distribution Channel (Pharmacies & Drugstores,
Supermarkets/Hypermarkets, Online, Others (Direct Sales, Distributor Sales,
etc.)), By Region (North America, Europe, Asia-Pacific, Middle East
& Africa, South America), Competition, Forecast & Opportunities, 2018-2028F”, has
evaluated the future growth potential of bee-based supplements and provides statistics and information on market structure, size, share,
and future growth. The report is intended to provide cutting-edge market
intelligence and help decision-makers take sound investment decisions. besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities present in bee-based
supplements globally.
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