Milk Thistle is an herbal supplement that detoxifies and protects vital liver functions and more. Milk thistle has been used for over 2,000 years as a natural treatment for liver disorders. The plant is known in scientific circles as the Silybum marianum (L.) Gaertner (syn. Cardous marianus), but it is more commonly known as milk thistle, St. Mary Thistle, Holy Thistle and Ladys Thistle. It is an herbaceous annual or biennial plant belonging to the Asteraceae family that can grow to be ten feet tall with flowers that are red and purple in color.
Scope of the Report:
Globally, Milk Thistle are planted in Europe and Asia. Germany, China, India, Mongolia, etc. has been the major production area of Milk Thistle. The cost of Milk Thistle seed was used to be high, as more and more Chinese farmer start plant Milk Thistle in China, the cost of the extract has been decreased to a large extent. The market of Milk Thistle is combatively concentrated, with Martin Bauer, Indena and Euromed major producers. Herbal medicine manufacturers are its main customers, which is also the most value added sector in the industry chain. Chinese suppliers offer products at much lower price, and the products has been founded growing popular in North America. There are also India producers involve in the industry, their either source seeds from North India or overseas. Since demand exist in India pharmaceutical industry, India companies also has to source Milk Thistle extracts from other countries.
The worldwide market for Milk Thistle Extracts is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach 120 million US$ in 2024, from 85 million US$ in 2019, according to a new Research study.
This report focuses on the Milk Thistle Extracts in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
Panjin Tianyuan Pharmaceutical
Panjin Huacheng Pharmacy
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Low Concentration Product
Market Segment by Applications, can be divided into
Health Care Industry
Food & Cosmetics
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Milk Thistle Extracts product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Milk Thistle Extracts, with price, sales, revenue and global market share of Milk Thistle Extracts in 2017 and 2018.
Chapter 3, the Milk Thistle Extracts competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Milk Thistle Extracts breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Milk Thistle Extracts market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Milk Thistle Extracts sales channel, distributors, customers, research findings and conclusion, appendix and data source.