Beeswax market is anticipated to grow at a significant CAGR of 3.2% during the forecast period. Beeswax is a natural wax produced by honey bees. It is applied in many sectors including pharmaceuticals, cosmetics, and food & confectionery among others. Beeswax is used in products due to its beneficiary features such as anti-bacterial, inert high plasticity, natural, and others. Besswax also contains vitamin A which protects skin cells from environmental impurities. Beeswax is used in manufacturing of medicines, ointments, creams, for coating cheese, and to sealing food containers. For instance, in
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COVID-19 pandemic has decreased the beeswax market. During the COVID-19 period, all the businesses and industries were closed due to which the demand for beeswax has also decreased. Sale and production of the beeswax was also stopped and all distribution channels were not working due to which people were unable to place order online or to purchase beeswax from offline market. The COVID-19 has decreased the global beeswax market.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Beeswax Market by Type
- Organic
- Conventional
Global Beeswax Market by Application
- Pharmaceuticals
- Cosmetics
- Food & Confectionery
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Amrobisa Natural Products (I) Pvt. Ltd.
- Arjun Bees Wax Industries
- Bamboo Heaven
- Bill’s Bees Inc.
- Bulk Apothecary
- HEXTON BEE CO.
- Koster Keunen
- Melland Ecogreen Technology Co.,Ltd
- Miller’s Honey Co.
- New Zealand Beeswax Ltd.
- Nunya Beeswax Candles
- Paramold Manufacturing LLC
- Poth Hille & Co. Ltd.
- Strahl & Pitsch, Inc.
- The Beeswax Company LLC
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global beeswax market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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