Global Milk Thistle Extracts Market Growth 2023-2029

Global Milk Thistle Extracts Market Growth 2023-2029

Milk Thistle is an herbal supplement that detoxifies and protects vital liver functions and more. Milk thistle has been used for over 2,000 years as a natural treatment for liver disorders. The plant is known in scientific circles as the Silybum marianum (L.) Gaertner (syn. Cardous marianus), but it is more commonly known as “milk thistle,” “St. Mary Thistle,” “Holy Thistle” and “Lady’s Thistle.” It is an herbaceous annual or biennial plant belonging to the Asteraceae family that can grow to be ten feet tall with flowers that are red and purple in color.

LPI (LP Information)' newest research report, the “Milk Thistle Extracts Industry Forecast” looks at past sales and reviews total world Milk Thistle Extracts sales in 2022, providing a comprehensive analysis by region and market sector of projected Milk Thistle Extracts sales for 2023 through 2029. With Milk Thistle Extracts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Milk Thistle Extracts industry.

This Insight Report provides a comprehensive analysis of the global Milk Thistle Extracts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Milk Thistle Extracts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Milk Thistle Extracts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Milk Thistle Extracts and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Milk Thistle Extracts.

The global Milk Thistle Extracts market size is projected to grow from US$ 106.6 million in 2022 to US$ 165 million in 2029; it is expected to grow at a CAGR of 165 from 2023 to 2029.

Global Milk Thistle Extracts main players are Euromed, Panjin Tianyuan Pharmaceutical, Panjin Huacheng Pharmacy, Shengbo Silymarin, etc. Global top four manufacturers hold a share over 40%. China is the largest market, with a share nearly 55%.

This report presents a comprehensive overview, market shares, and growth opportunities of Milk Thistle Extracts market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
>80% Extract
80% Extract
Low Concentration Product

Segmentation by application
Pharmaceuticals
Health Care Industry
Food & Cosmetics
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Martin Bauer
Indena
Euromed
Panjin Tianyuan Pharmaceutical
Panjin Huacheng Pharmacy
Liverd Pharma
KEB Biotech
Shengbo Silymarin
Bio-Botanica

Key Questions Addressed in this Report

What is the 10-year outlook for the global Milk Thistle Extracts market?

What factors are driving Milk Thistle Extracts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Milk Thistle Extracts market opportunities vary by end market size?

How does Milk Thistle Extracts break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.