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Milk Thistle Market Analysis

Report ID: GMI5308 Published Date: February 2023Report Format: PDF
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Milk Thistle Market Analysis

Milk Thistle Market Size By Distribution channel 

The milk thistle market share from supermarkets/hypermarkets distribution channel segment is anticipated to cross USD 90 million by 2032. Presence of well-trained personnel that assist customers in meeting their needs and wide product availability will contribute to this growth. Supermarkets and hypermarkets gather a range of products from multiple suppliers. Rising number of supermarket stores across urban localities would boost product reach in the ensuing years. According to estimates, in 2023, there were around 63,348 Supermarkets & Grocery Stores in the US.

Author: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :

Why are milk thistle capsules in high demand?+

The capsules segment is set to cross USD 90 million by 2032, as it has both anti-inflammatory and antioxidant effects.

How much is the milk thistle market worth?+

The market size of milk thistle was valued at nearly USD 90 million in 2022 and is projected to observe around 8% CAGR from 2023 to 2032.

Which companies are operating in the global milk thistle landscape?+

Jarrow Formula, Inc., Puritan

Why is the APAC milk thistle industry expanding?+

The market size for milk thistle in Asia Pacific is projected to witness over 9% CAGR till 2032, as it is product is highly used in traditional Chinese medicines.

Milk Thistle Market Scope

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