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According to our (Global Info Research) latest study, the global Milk Thistle Extracts market size was valued at USD 112.2 million in 2023 and is forecast to a readjusted size of USD 167.9 million by 2030 with a CAGR of 5.9% during review period.
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.
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%.
The Global Info Research report includes an overview of the development of the Milk Thistle Extracts industry chain, the market status of Pharmaceuticals (>80% Extract, 80% Extract), Health Care Industry (>80% Extract, 80% Extract), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Milk Thistle Extracts.
Regionally, the report analyzes the Milk Thistle Extracts markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Milk Thistle Extracts market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Milk Thistle Extracts market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Milk Thistle Extracts industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., >80% Extract, 80% Extract).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Milk Thistle Extracts market.
Regional Analysis: The report involves examining the Milk Thistle Extracts market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Milk Thistle Extracts market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Milk Thistle Extracts:
Company Analysis: Report covers individual Milk Thistle Extracts manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Milk Thistle Extracts This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Pharmaceuticals, Health Care Industry).
Technology Analysis: Report covers specific technologies relevant to Milk Thistle Extracts. It assesses the current state, advancements, and potential future developments in Milk Thistle Extracts areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Milk Thistle Extracts market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Milk Thistle Extracts market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- >80% Extract
- 80% Extract
- Low Concentration Product
Market segment by Application
- Pharmaceuticals
- Health Care Industry
- Food & Cosmetics
- Others
Major players covered
- Martin Bauer
- Indena
- Euromed
- Panjin Tianyuan Pharmaceutical
- Panjin Huacheng Pharmacy
- Liverd Pharma
- KEB Biotech
- Shengbo Silymarin
- Bio-Botanica
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Milk Thistle Extracts product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Milk Thistle Extracts, with price, sales, revenue and global market share of Milk Thistle Extracts from 2019 to 2024.
Chapter 3, the Milk Thistle Extracts competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Milk Thistle Extracts breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Milk Thistle Extracts market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Milk Thistle Extracts.
Chapter 14 and 15, to describe Milk Thistle Extracts sales channel, distributors, customers, research findings and conclusion.