Milk Thistle Supplements Industry Is Expected To Reach US$ 204 Million by 2032

Milk thistle supplements market concludes that the industry is anticipated to reach US$ 103.14 Mn by 2022.

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In future, prospects appear more optimistic, with the industry expected to reach US$ 204 Mn by the end of the assessment period 2022-2032. Projected compounded annual growth rate for the aforementioned period is around 7.06%.

Competitive Landscape

Increasing sales and market share of manufacturers can be achieved by strategic collaborations with consumers. The introduction of new products and technologies will enable end-users to benefit from natural products. By forming a strategic partnership, the company can increase its production capacity.

• In November 2021, with new initiatives coming up next year, firm BYHEALTH is improving the way it provides information related to which products contain which ingredients. Utilizing premium raw materials is one way for the company to ensure consumer safety together with product effectiveness and bioavailability. Raw milk thistle seeds that come with traceability certification will be made available to consumers who purchase the product through JD Tmall flagship stores.

Furthermore, every buyer of the product will receive a certificate indicating where the firm seeds of milk thistle were planted. This will be a very creative way to connect with customers.

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Key Companies Profiled:

• Doctor's Best
• Nature's Bounty Co.
• Divine Bounty
• Jarrow Formulas Inc.
• Otsuka Pharmaceutical Co. Ltd.
• Now Foods
• Integra Nutrition Inc.
• Swanson Health Products
• Blackmores Ltd.
• 21st Century Healthcare Inc.
• Halal-Pharma International Ltd

"Increasing Popularity of Ayurvedic Treatments Stimulates Demand for Milk Thistle Supplements"

The increasing popularity of ayurvedic treatments has stimulated the demand for milk thistle supplements. Milk thistle is an herb that has been used for centuries in traditional ayurvedic medicine to treat a variety of ailments, including liver and kidney problems. It is believed to have antioxidant and anti-inflammatory properties, which can help protect the body from damage caused by free radicals.

Milk thistle supplements are becoming increasingly popular as people look for natural ways to improve their health and wellbeing. The demand for these supplements is expected to continue to grow as more people become aware of the potential health benefits associated with them.

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Key Segments:

• By Form :

o Softgel
o Capsules
o Liquid
o Tablets
o Powder & Granules

• By Sales Channel :

o Drug Stores
o Health & Beauty Stores
o Modern Trade Channel
o Direct Selling
o Third Party Online Channels
o Company Online Channels

• By Region :

o Europe
o North America
o Latin America
o Japan
o Middle East & Africa

Questionnaire answered in the report include:

• How the industry has grown?
• What is the present and future outlook on the basis of region?
• What are the challenges and opportunities?
• Why the consumption in region?
• In which year segment is expected to overtake segment?

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This release was published on openPR.