Global Beeswax Market size was valued at US$ 0.55 Bn in 2021 and the total revenue is expected to grow at 2.8 % through 2022 to 2029, reaching nearly US$ 0.69 Bn.Global Beeswax Market Characteristics:
Dabur India Ltd is a well-known fast-moving consumer goods (FMCG) company in India. The company is also a global leader in Ayurveda, including over 250 herbal/Ayurvedic products. They work in popular consumer goods areas like hair care and oral care. Foods, medical services, skin care, and home care are just a few of the topics covered. Dabur India Ltd had revenue of USD 1.23 Billion in 2020. In financial year 2020, Dabur India Limited recorded the greatest share of sales from the Middle East. Key markets like Saudi Arabia and the United Arab Emirates accounted for just over 28% of the total. Asia came in second with approximately 23% of the market share in the same year. The Indian consumer products company focused mostly on natural personal care as its footprint in global markets grew steadily.To know about the Research Methodology :- Request Free Sample Report
Global Beeswax Market Overview:
Beeswax is a wax obtained by decomposing the honeycomb dividers formed by bumble bees. There is a wide range of beeswax available, ranging from unpolished yellow beeswax to white beeswax manufactured by declining yellow beeswax. Beeswax is used in a variety of ways, including as a covering specialist in food, particularly in bakeries and confectioneries. Beeswax is also used as a delivery agent, a texturizer for chewing gum bases, a stabiliser and transporter for food additives, and as an obfuscator. It is used in a variety of applications, including cosmetics and pharmaceuticals. Due to the sheer interest in redden, eye shadow, lip shine, lip medication, and moisturizers, beautifiers propelled the market. The second most common application was for drugs. It was estimated to be the fastest emerging fragment based on beeswax covering properties. Metal extending ornamentation, exhibiting, candle fabrication, wood and calfskin finishes, mechanical oils, and waterproofed materials are some of the other applications.Global Beeswax Market Dynamics:
In the cooking, pharmaceutical, and cosmetic industries, beeswax is in high demand. The beeswax market may grow over the estimate period as a result of rising demand from food and confectionery producers, higher customer awareness of their therapeutic characteristics, increased discretionary income, and customers' attitudes toward the usage of organic ingredients in personal grooming. Additionally, the health-conscious movement has taken hold across Europe, and clients are looking for healthy and natural options. This tendency has had an impact on the glazing agent business, as well as a rising demands for natural waxes like as beeswax. As a result, beeswax is now used in baked goods and confectionary products. The main major challenge is its known negative health consequences when ingested in excessive amounts. It has the potential to produce intestinal blockages and allergic responses in persons who are allergic to honey and its components. The increasing awareness of beeswax in its natural and organic form, as well as its extensive use in skincare products such as lip care, eczema, pimples, dry skin, and stretch mark reduction, is a key development in the personal care market.Global Beeswax Market Segment Analysis:
The global Beeswax Market is segmented by Product Type and Application. Based on the Application, the global Beeswax market is segmented into Pharmaceuticals, Cosmetics, and Others. The Cosmetics segment held the largest market share of xx% in 2021. The Beeswax in bath and body products is taking the spotlight over similar skin protectants like petroleum jelly. It also has medicinal benefits to its use in cosmetic products. It is a common ingredient for many of the cosmetics women use every day like lip balms, lip sticks, lip gloss, eye shadow, eye liner, and even blush. An increase in the demand for lip balm products are expected to enhance the production of the beeswax. Whereas, the pharmaceuticals held the second largest market share of xx% in 2021. Due to the coating qualities of beeswax, it was expected to be the fastest growing segment. Metal casting moulding, modelling, candle making, wood and leather treatments, industrial lubricants, and waterproofed fabrics are some of the many usage.
Global Beeswax Market Regional Insights:
Asia Pacific dominates the global Beeswax market during the forecast period 2022-2029. Asia Pacific is expected to hold the largest market share of 43.30% by 2029. Because of the pharmaceuticals sector's demand. During the next seven years, demand will be driven by developing nations in Asia Pacific as a result of increased disease consumption and high disposable income. This may hasten the development of countries such as India and China. Because of the rise of industrial enterprises in the region, Africa can only grow at a slow pace. Europe is expected to grow at the highest CAGR of 3.1% in the global beeswax market during the forecast period. In Europe, it is widely used in the food sector as a glazing agent in confectioneries and as a baking ingredient. Beeswax is heavily imported in the Europe by nations such as Germany, France, and the United Kingdom for a variety of uses and applications. The objective of the report is to present a comprehensive analysis of the global Beeswax Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the global Beeswax Market dynamic, structure by analyzing the market segments and project the global Beeswax Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Beeswax Market make the report investor’s guide.Global Beeswax Market Scope: Inquire before buying
Global Beeswax Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 0.55 Bn. Forecast Period 2021 to 2029 CAGR: 2.8% Market Size in 2029: US $ 0.69 Bn. Segments Covered: by Product Type • Organic • Conventional by Application • Pharmaceuticals • Cosmetics • Others Global Beeswax Market, by Region
• North America • Europe • Asia Pacific • South America • Middle East and AfricaGlobal Beeswax Market Key Players
• Roger A Reed • Strahl and Pitsch • Akrochem • Poth Hille • Paramold • Adrian • Bee Natural Uganda • Bills Bees • New Zealand Beeswax • Frank B Ross • Arjun Bees Wax Industries • Dabur India Ltd. • Seidler Chemical Co. • Bulk Apothecary • Pacific Coast Chemicals • Jedwards International Inc. • Frank B Ross Co • City Chemical LLC • TMC Industries • Shandong Bokang Apiculture Co., Ltd. • Alfa Chemical Corp • Hase Petroleum Wax Co. • Aroma Naturals Inc. • Chengdu Feng`s Apiculture Co., Ltd • Thomas Apiculture SAS • Luberon Apiculture • Glenn Apiaries • Dutch Gold Honey • Miller`s Honey Company • Henan WeikangFrequently Asked Questions:
1] What segments are covered in Beeswax Market report? Ans. The segments covered in Beeswax Market report are based on Product Type and Application. 2] Which region is expected to hold the highest share in the global Beeswax Market? Ans. Asia Pacific is expected to hold the highest share in the global Beeswax Market. 3] What is the market size of global Beeswax Market by 2029? Ans. The market size of global Beeswax Market by 2029 is US $ 0.69 Bn. 4] Who are the top key players in the global Beeswax Market? Ans. Roger A Reed, Strahl and Pitsch, Akrochem, Poth Hille, Paramold, Adrian, Bee Natural Uganda are the top key players in the global Beeswax Market. 5] What is the impact of COVID-19 on the Beeswax market? Ans. The organic beeswax market is growing during the pandemic because it has some organic characteristics that are beneficial to beauty and wellness which is used in the cosmetics and personal care products. 6] What is the market size of global Beeswax Market in 2021? Ans. The market size of global Beeswax Market in 2021 was US $ 0.55 Bn.
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Global Beeswax Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Beeswax Market 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Beeswax Market Analysis and Forecast 6.1. Beeswax Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Beeswax Market Analysis and Forecast, By Application 7.1. Introduction and Definition 7.2. Key Findings 7.3. Beeswax Market Value Share Analysis, By Application 7.4. Beeswax Market Size (US$ Bn) Forecast, By Application 7.5. Beeswax Market Analysis, By Application 7.6. Beeswax Market Attractiveness Analysis, By Application 8. Beeswax Market Analysis and Forecast, By Product Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Beeswax Market Value Share Analysis, By Product Type 8.4. Beeswax Market Size (US$ Bn) Forecast, By Product Type 8.5. Beeswax Market Analysis, By Product Type 8.6. Beeswax Market Attractiveness Analysis, By Product Type 9. Beeswax Market Analysis, by Region 9.1. Beeswax Market Value Share Analysis, by Region 9.2. Beeswax Market Size (US$ Bn) Forecast, by Region 9.3. Beeswax Market Attractiveness Analysis, by Region 10. North America Beeswax Market Analysis 10.1. Key Findings 10.2. North America Beeswax Market Overview 10.3. North America Beeswax Market Value Share Analysis, By Application 10.4. North America Beeswax Market Forecast, By Application 10.4.1. Pharmaceuticals 10.4.2. Cosmetics 10.4.3. Others 10.5. North America Beeswax Market Value Share Analysis, By Product Type 10.6. North America Beeswax Market Forecast, By Product Type 10.6.1. Organic 10.6.2. Conventional 10.7. North America Beeswax Market Value Share Analysis, by Country 10.8. North America Beeswax Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Beeswax Market Analysis, by Country 10.10. U.S. Beeswax Market Forecast, By Application 10.10.1. Pharmaceuticals 10.10.2. Cosmetics 10.10.3. Others 10.11. U.S. Beeswax Market Forecast, By Product Type 10.11.1. Organic 10.11.2. Conventional 10.12. Canada Beeswax Market Forecast, By Application 10.12.1. Pharmaceuticals 10.12.2. Cosmetics 10.12.3. Others 10.13. Canada Beeswax Market Forecast, By Product Type 10.13.1. Organic 10.13.2. Conventional 10.14. North America Beeswax Market Attractiveness Analysis 10.14.1. By Application 10.14.2. By Product Type 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Beeswax Market Analysis 11.1. Key Findings 11.2. Europe Beeswax Market Overview 11.3. Europe Beeswax Market Value Share Analysis, By Application 11.4. Europe Beeswax Market Forecast, By Application 11.4.1. Pharmaceuticals 11.4.2. Cosmetics 11.4.3. Others 11.5. Europe Beeswax Market Value Share Analysis, By Product Type 11.6. Europe Beeswax Market Forecast, By Product Type 11.6.1. Organic 11.6.2. Conventional 11.7. Europe Beeswax Market Value Share Analysis, by Country 11.8. Europe Beeswax Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Russia 11.8.7. Norway 11.8.8. Rest of Europe 11.9. Europe Beeswax Market Analysis, by Country 11.10. Germany Beeswax Market Forecast, By Application 11.10.1. Pharmaceuticals 11.10.2. Cosmetics 11.10.3. Others 11.11. Germany Beeswax Market Forecast, By Product Type 11.11.1. Organic 11.11.2. Conventional 11.12. U.K. Beeswax Market Forecast, By Application 11.12.1. Pharmaceuticals 11.12.2. Cosmetics 11.12.3. Others 11.13. U.K. Beeswax Market Forecast, By Product Type 11.13.1. Organic 11.13.2. Conventional 11.14. France Beeswax Market Forecast, By Application 11.14.1. Pharmaceuticals 11.14.2. Cosmetics 11.14.3. Others 11.15. France Beeswax Market Forecast, By Product Type 11.15.1. Organic 11.15.2. Conventional 11.16. Italy Beeswax Market Forecast, By Application 11.16.1. Pharmaceuticals 11.16.2. Cosmetics 11.16.3. Others 11.17. Italy Beeswax Market Forecast, By Product Type 11.17.1. Organic 11.17.2. Conventional 11.18. Spain Beeswax Market Forecast, By Application 11.18.1. Pharmaceuticals 11.18.2. Cosmetics 11.18.3. Others 11.19. Spain Beeswax Market Forecast, By Product Type 11.19.1. Organic 11.19.2. Conventional 11.20. Russia Beeswax Market Forecast, By Application 11.20.1. Pharmaceuticals 11.20.2. Cosmetics 11.20.3. Others 11.21. Russia Beeswax Market Forecast, By Product Type 11.21.1. Organic 11.21.2. Conventional 11.22. Norway Beeswax Market Forecast, By Application 11.22.1. Pharmaceuticals 11.22.2. Cosmetics 11.22.3. Others 11.23. Norway Beeswax Market Forecast, By Product Type 11.23.1. Organic 11.23.2. Conventional 11.24. Rest of Europe Beeswax Market Forecast, By Application 11.24.1. Pharmaceuticals 11.24.2. Cosmetics 11.24.3. Others 11.25. Rest of Europe Beeswax Market Forecast, By Product Type 11.25.1. Organic 11.25.2. Conventional 11.26. Europe Beeswax Market Attractiveness Analysis 11.26.1. By Application 11.26.2. By Product Type 11.27. PEST Analysis 11.28. Key Trends 11.29. Key Developments 12. Asia Pacific Beeswax Market Analysis 12.1. Key Findings 12.2. Asia Pacific Beeswax Market Overview 12.3. Asia Pacific Beeswax Market Value Share Analysis, By Application 12.4. Asia Pacific Beeswax Market Forecast, By Application 12.4.1. Pharmaceuticals 12.4.2. Cosmetics 12.4.3. Others 12.5. Asia Pacific Beeswax Market Value Share Analysis, By Product Type 12.6. Asia Pacific Beeswax Market Forecast, By Product Type 12.6.1. Organic 12.6.2. Conventional 12.7. Asia Pacific Beeswax Market Value Share Analysis, by Country 12.8. Asia Pacific Beeswax Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Indonesia 12.8.7. Malaysia 12.8.8. Vietnam 12.8.9. Rest of Asia Pacific 12.9. Asia Pacific Beeswax Market Analysis, by Country 12.10. China Beeswax Market Forecast, By Application 12.10.1. Pharmaceuticals 12.10.2. Cosmetics 12.10.3. Others 12.11. China Beeswax Market Forecast, By Product Type 12.11.1. Organic 12.11.2. Conventional 12.12. India Beeswax Market Forecast, By Application 12.12.1. Pharmaceuticals 12.12.2. Cosmetics 12.12.3. Others 12.13. India Beeswax Market Forecast, By Product Type 12.13.1. Organic 12.13.2. Conventional 12.14. Japan Beeswax Market Forecast, By Application 12.14.1. Pharmaceuticals 12.14.2. Cosmetics 12.14.3. Others 12.15. Japan Beeswax Market Forecast, By Product Type 12.15.1. Organic 12.15.2. Conventional 12.16. South Korea Beeswax Market Forecast, By Application 12.16.1. Pharmaceuticals 12.16.2. Cosmetics 12.16.3. Others 12.17. South Korea Beeswax Market Forecast, By Product Type 12.17.1. Organic 12.17.2. Conventional 12.18. Australia Beeswax Market Forecast, By Application 12.18.1. Pharmaceuticals 12.18.2. Cosmetics 12.18.3. Others 12.19. Australia Beeswax Market Forecast, By Product Type 12.19.1. Organic 12.19.2. Conventional 12.20. Indonesia Beeswax Market Forecast, By Application 12.20.1. Pharmaceuticals 12.20.2. Cosmetics 12.20.3. Others 12.21. Indonesia Beeswax Market Forecast, By Product Type 12.21.1. Organic 12.21.2. Conventional 12.22. Malaysia Beeswax Market Forecast, By Application 12.22.1. Pharmaceuticals 12.22.2. Cosmetics 12.22.3. Others 12.23. Malaysia Beeswax Market Forecast, By Product Type 12.23.1. Organic 12.23.2. Conventional 12.24. Vietnam Beeswax Market Forecast, By Application 12.24.1. Pharmaceuticals 12.24.2. Cosmetics 12.24.3. Others 12.25. Vietnam Beeswax Market Forecast, By Product Type 12.25.1. Organic 12.25.2. Conventional 12.26. Rest of Asia Pacific Beeswax Market Forecast, By Application 12.26.1. Pharmaceuticals 12.26.2. Cosmetics 12.26.3. Others 12.27. Rest of Asia Pacific Beeswax Market Forecast, By Product Type 12.27.1. Organic 12.27.2. Conventional 12.28. Asia Pacific Beeswax Market Attractiveness Analysis 12.28.1. By Application 12.28.2. By Product Type 12.29. PEST Analysis 12.30. Key Trends 12.31. Key Developments 13. Middle East & Africa Beeswax Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Beeswax Market Overview 13.3. Middle East & Africa Beeswax Market Value Share Analysis, By Application 13.4. Middle East & Africa Beeswax Market Forecast, By Application 13.4.1. Pharmaceuticals 13.4.2. Cosmetics 13.4.3. Others 13.5. Middle East & Africa Beeswax Market Value Share Analysis, By Product Type 13.6. Middle East & Africa Beeswax Market Forecast, By Product Type 13.6.1. Organic 13.6.2. Conventional 13.7. Middle East & Africa Beeswax Market Value Share Analysis, by Country 13.8. Middle East & Africa Beeswax Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Beeswax Market Analysis, by Country 13.10. GCC Beeswax Market Forecast, By Application 13.10.1. Pharmaceuticals 13.10.2. Cosmetics 13.10.3. Others 13.11. GCC Beeswax Market Forecast, By Product Type 13.11.1. Organic 13.11.2. Conventional 13.12. South Africa Beeswax Market Forecast, By Application 13.12.1. Pharmaceuticals 13.12.2. Cosmetics 13.12.3. Others 13.13. South Africa Beeswax Market Forecast, By Product Type 13.13.1. Organic 13.13.2. Conventional 13.14. Rest of Middle East & Africa Beeswax Market Forecast, By Application 13.14.1. Pharmaceuticals 13.14.2. Cosmetics 13.14.3. Others 13.15. Rest of Middle East & Africa Beeswax Market Forecast, By Product Type 13.15.1. Organic 13.15.2. Conventional 13.16. Middle East & Africa Beeswax Market Attractiveness Analysis 13.16.1. By Application 13.16.2. By Product Type 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Beeswax Market Analysis 14.1. Key Findings 14.2. South America Beeswax Market Overview 14.3. South America Beeswax Market Value Share Analysis, By Application 14.4. South America Beeswax Market Forecast, By Application 14.4.1. Pharmaceuticals 14.4.2. Cosmetics 14.4.3. Others 14.5. South America Beeswax Market Value Share Analysis, By Product Type 14.6. South America Beeswax Market Forecast, By Product Type 14.6.1. Organic 14.6.2. Conventional 14.7. South America Beeswax Market Value Share Analysis, By Product Type 14.8. South America Beeswax Market Value Share Analysis, by Country 14.9. South America Beeswax Market Forecast, by Country 14.9.1. Brazil 14.9.2. Mexico 14.9.3. Argentina 14.9.4. Rest of South America 14.10. South America Beeswax Market Analysis, by Country 14.11. Brazil Beeswax Market Forecast, By Application 14.11.1. Pharmaceuticals 14.11.2. Cosmetics 14.11.3. Others 14.12. Brazil Beeswax Market Forecast, By Product Type 14.12.1. Organic 14.12.2. Conventional 14.13. Mexico Beeswax Market Forecast, By Application 14.13.1. Pharmaceuticals 14.13.2. Cosmetics 14.13.3. Others 14.14. Mexico Beeswax Market Forecast, By Product Type 14.14.1. Organic 14.14.2. Conventional 14.15. Argentina Beeswax Market Forecast, By Application 14.15.1. Pharmaceuticals 14.15.2. Cosmetics 14.15.3. Others 14.16. Argentina Beeswax Market Forecast, By Product Type 14.16.1. Organic 14.16.2. Conventional 14.17. Rest of South America Beeswax Market Forecast, By Application 14.17.1. Pharmaceuticals 14.17.2. Cosmetics 14.17.3. Others 14.18. Rest of South America Beeswax Market Forecast, By Product Type 14.18.1. Organic 14.18.2. Conventional 14.19. South America Beeswax Market Attractiveness Analysis 14.19.1. By Application 14.19.2. By Product Type 14.20. PEST Analysis 14.21. Key Trends 14.22. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Applications 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Roger A Reed 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Pothe Hille 15.3.3. Strahl and Pitsch 15.3.4. Akrochem 15.3.5. Adrian 15.3.6. Bee Natural Uganda 15.3.7. Bills Bees 15.3.8. New Zealand Beeswax 15.3.9. Frank B Ross 15.3.10. Arjun Bees Wax Industries 15.3.11. Dabur India Ltd. 15.3.12. Bulk Apothecary 15.3.13. Paramold 15.3.14. Dabur India Ltd. 15.3.15. TMC Industries Primary Key Insights