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Beeswax Market Share

Report ID: GMI7142
Published Date: Oct 2023
Report Format: PDF

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Beeswax Market Share

Some of the major market players operating in the Beeswax industry are:

Koster Keunen
British Wax Refining Company
Strahl and Pitsch
New Zealand Beeswax Ltd.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Global Beeswax Market Company Share 2022

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Koster Keunen is a family-owned company that was founded in 1898. The company is headquartered in the Netherlands and has offices in over 20 countries. Koster Keunen offers a wide range of beeswax products, including raw beeswax, refined beeswax, and beeswax-based products.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

Beeswax market size was USD 572.3 million in 2023 and will reach USD 954.7 million by 2032 due to the rising demand for natural and eco-friendly products in various industries, such as cosmetics, food, and pharmaceuticals worldwide.

Organic beeswax industry registered USD 496.3 million in 2022 and is expected to witness appreciable CAGR from 2023-2032 on account of the increasing consumer preference towards natural, organic, and sustainable products.

Asia Pacific beeswax industry recorded USD 471.4 million in 2022 and is expected to register commendable CAGR from 2023-2032 owing to the rising disposable incomes and consumer expenditure on non-essential items in the region.

Koster Keunen, British Wax Refining Company, Strahl and Pitsch, and New Zealand Beeswax Ltd., are some of the major beeswax companies worldwide.