Milk Thistle Market Trends Analysis, 2023–2032 - PowerPoint PPT Presentation

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Milk Thistle Market Trends Analysis, 2023–2032

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The milk thistle market from the capsules segment is expected to surpass USD 90 million by 2032. – PowerPoint PPT presentation

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Title: Milk Thistle Market Trends Analysis, 2023–2032


1
Milk Thistle Market Size to Cross USD 200 Mn by
2032
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 skins
    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.

3
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  • 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.

4
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  • 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., Puritans Pride, Natures
    Bounty Co. This agreement establishes Nestle as a
    leader in the VMHS sector

5
Browse Full Research Report On Milk Thistle
Market _at_ https//bit.ly/43VH4I2 Request for a
sample of this research report _at_
https//bit.ly/43GLx0V
6
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