Global Beeswax Market Analysis, Market Size, Application Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2015 To 2022
Global beeswax market is expected to grow over the forecast period owing to its increasing demand in cosmetic, pharmaceutical and food industry. Growing demand for cosmetics including lip balms, moisturizers, moustache waxes, hair pomades, eye liners and eye shadows on account of rising consumer awareness regarding their appearance is expected to be one of the primary drivers for beeswax over the forecast period. Beeswax is also extensively used in the food industry as a glazing agent or coating for preparation of cheese, processed fruits, chewing gums and food additives. It is also used in making candles for religious proceedings, decorative purposes, show-pieces, and household purposes.
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