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Milk Thistle Market Status and Outlook 2032

Milk Thistle Market size exceeded USD 90 million in 2022 and is projected to observe around 8% CAGR from 2023 to 2032.

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Milk Thistle Market Status and Outlook 2032

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  1. Milk Thistle Market Size to Cross USD 200 Mn by 2032 Global Market Insights Inc.

  2. Overview of Milk Thistle Market • The milk thistle market is projected to reach USD 200 million by 2032, according to a new research report by Global Market Insights Inc. • Robust use of milk thistles in the cosmetics sector will influence the market growth. The antioxidant characteristics of milk thistle promote its use in skincare products. It is one of the latest under-the-radar skincare ingredients that help in upping the skin’s defense against greasiness and other issues. It has properties that help hydrate the skin from the inside. Companies in the cosmetic sector are launching new products that contain milk thistle. For instance, in Givaudan, one of the leading cosmetics ingredient manufacturers, has unveiled a new anti-aging ingredient, Siliphos which is made from milk thistle extract and helps reduce redness by up to 23% and forehead wrinkles by up to 21%. Global Market Insights Inc.

  3. Continue… • The milk thistle market from online distribution channels segment is expected to grow at 10.5% CAGR from 2023 to 2032. Increasing number of online pharmacies have boosted the sales of milk thistle products. Over the past few years, technological developments like detailed product information, customer support, and real-time order tracking are increasing online sales. As per the Census Bureau of the Department of Commerce data, U.S. retail e-commerce sales for the third quarter of 2022, was USD 265.9 billion, an increase of 3% from the second quarter of 2022. • Milk thistle tea or morning detox tea is a very popular drink due to its progressive liver cleansing abilities and it also prevents blood sugar spikes. Dandelion root tea, for instance, is one of the products of milk thistle liquid extract. These teas are made from the plant's seeds & leaves. It is available in other liquid forms like breakfast juices, lunch drinks, snack drinks, and supper drinks. Global Market Insights Inc.

  4. Continue… • North America milk thistle market will expand at a CAGR of 7.5% from 2023 to 2032. The introduction of new milk thistle products and robust product demand across North American countries like Canada, California, and eastern parts of the United States will support this growth. Consumer awareness of milk thistle's health benefits, particularly its ability to protect the liver, is likely to drive market expansion. For instance, Eclectics, an American medical group, used milk thistle for liver disease therapy. • Notable participants in the Milk Thistle market include: Solgar Inc., Puritan’s Pride, Nature’s Bounty Co. This agreement establishes Nestle as a leader in the VMHS sector Global Market Insights Inc.

  5. Browse Full Research Report On Milk Thistle Market@ https://bit.ly/43VH4I2 Request for a sample of this research report @ https://bit.ly/43GLx0V Global Market Insights Inc.

  6. Stay In Touch Website: www.gminsights.com Social Media: Global Market Insights Inc.

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