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Global milk thistle products industry overview
Milk thistle products are known for their detoxifying properties and are primarily consumed in the form of tablets and capsules. A key factor driving the growth of the market is the health benefits associated with milk thistle products. They provide other benefits such as encouraging cell growth and regeneration. Thus, with such advantages associated with milk thistle products, the market is expected to post a CAGR close to 11% during the forecast period.
The rising demand for multi-herb products is a key trend that is gaining traction among consumers in North America and Western Europe. These products help improve heart health, cardiovascular functions, libido, digestion, liver functions, sleep, and immune functions.
Milk thistle products are used in association with dandelion, turmeric, and aloe-vera to develop different formulas that cure many diseases. Several vendors are developing new products that contain various vitamins and botanicals to restore blood sugar levels. The rising demand for multi-herb products is identified as one of the key emerging trends in the global milk thistle products market.
Top milk thistle products companies covered in this market research report
The milk thistle products market is moderately concentrated. By offering a complete analysis of the market’s competitive landscape and information on the products offered by the companies, this milk thistle products industry analysis report helps clients identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- A. Vogel
- Gaia Herbs
- Jarrow Formulas
- Nature's Way Products
- NOW Foods
- The Nature's Bounty Co.
- Swanson
Milk thistle products market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the EMEA will contribute the highest market share throughout the forecast period. This can be attributed to the rising awareness about the health benefits of milk thistle products and increasing number of supermarkets, hypermarkets, discount stores, and convenience stores in the region.
Milk thistle products market segmentation based on products
- Tablets/capsules/soft gels-based milk thistle products
- Powders/tinctures-based milk thistle products
- Raw herbs-based milk thistle products
The tablets/capsules/soft gels-based milk thistle products segment will account for the highest market share during the forecast period. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the milk thistle products market size.
Key highlights of the global milk thistle products market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the milk thistle products market during the next five years
- Precise estimation of the global milk thistle products market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the milk thistle products industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of milk thistle products companies
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