Market Overview

Global Milk Thistle Products Market 2018-2022 to Post a CAGR of 11% Over the Next Five Years | Technavio


The global milk thistle products market is expected to post a CAGR close
to 11% during the period 2018-2022, according to the latest market
research report by Technavio.

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Technavio has published a new market research report on the global milk thistle products market from ...

Technavio has published a new market research report on the global milk thistle products market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the health benefits
associated with milk thistle products. Milk thistle products are known
for their detoxifying properties and are primarily consumed in the form
of tablets and capsules. They provide other benefits such as natural
detoxification and help boost cell growth and regeneration. Thus, with
such advantages associated with milk thistle products, the market is
expected to perform positively during the forecast period.

This market research report on the global
milk thistle products market 2018-2022
also provides an analysis
of the most important trends expected to impact the market outlook
during the forecast period. Technavio classifies an emerging trend as a
major factor that has the potential to significantly impact the market
and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the rising demand for multi-herb
products as one of the key emerging trends in the global milk thistle
products market:

Global milk thistle products market: rising
demand for multi-herb products

Multi-herbs are defined as blends of beneficial herbs that help improve
heart health, cardiovascular functions, libido, digestion, liver
functions, sleep, and immune functions. These products are gaining
traction among consumers in North America and Western Europe. Milk
thistle products are used in association with dandelion, turmeric, and
aloe-vera to develop different formulas that cure many diseases.
Moreover, several vendors are developing new products that contain
various vitamins and botanicals to restore blood sugar levels.

"Private-label processed milk thistle seeds and RTE milk thistle
products are becoming popular among consumers as they are affordable and
easy to consume. Such products are being stocked in retail stores and
are available at lower prices as compared to branded products,"
a senior analyst at Technavio for research on food.

Global milk thistle products market:
Segmentation analysis

This market research report segments the global milk thistle products
market by product (tablets/capsules/soft gels, powders/tinctures, raw
herbs) and geographical regions (APAC, EMEA, and the Americas).

The EMEA region led the market in 2017 with a market share close to 65%,
followed by the Americas and APAC respectively. The Americas is expected
to have the highest incremental growth during the forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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