When I buy a candle, I concentrate on shape, color, and smell. It didn’t occur to me that I should pay attention to the type of wax in the candle. There is a marked difference between beeswax, paraffin wax, and soy wax. — What Is Beeswax? Beeswax is has a rich history dating to the ancient Egyptians. It’s a non-toxic, all-natural wax produced by honeybees and harvested from the honeycombs of beehives. Since no bees are harmed during ethical harvesting, beeswax is considered a vegetarian wax.