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Milk Thistle Market Size
- Report ID: GMI5308
- Published Date: Feb 2023
- Report Format: PDF
Milk Thistle Market Size
Milk Thistle Market size exceeded USD 90 million in 2022 and is projected to observe around 8% CAGR from 2023 to 2032.
Growing cases of liver diseases and awareness about the medical benefits of milk thistle would drive the market growth. Milk thistle and its derivatives are used to cure liver-associated diseases like cirrhosis, jaundice, hepatitis, and gallbladder. It contains high levels of antioxidant and anti-inflammatory features. With factors like environmental pollutants, drug addiction, excessive alcohol consumption, viral infections, and autoimmune illnesses on a rise, the cases of toxic hepatitis would prevail in the coming years, driving milk thistle demand.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Milk Thistle Market Size in 2022: | USD 90 Million |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 8% |
| 2032 Value Projection: | USD 200 Million |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 350 |
| Tables, Charts & Figures: | 325 |
| Segments covered: | Region, Form and Distribution channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Possible side effects of milk thistle may impede the market demand. Milk thistle may create abdominal discomfort, gas, bloating, diarrhea, and other gastrointestinal issues. Its oral ingestion has been linked to bowel irregularities, anorexia (lack of appetite), and unpleasant or uncomfortable stomach symptoms. People who are also allergic to marigolds, ragweed, daisies, and chrysanthemums are particularly susceptible to milk thistle allergic responses.
Frequently Asked Questions (FAQ) :
Milk Thistle Market Scope
