Milk Thistle Extracts Market (Updated Version Available)

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 \"Lady\'s 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.
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 report offers detailed coverage of Milk Thistle Extracts industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Milk Thistle Extracts by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Milk Thistle Extracts market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Milk Thistle Extracts market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Martin Bauer
Indena
Euromed
Panjin Tianyuan Pharmaceutical
Panjin Huacheng Pharmacy
Liverd Pharma
KEB Biotech
Shengbo Silymarin
Bio-Botanica

At the same time, we classify Milk Thistle Extracts according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
>80% Extract
80% Extract
Low Concentration Product
Market by Application
Pharmaceuticals
Health Care Industry
Food & Cosmetics
Other

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Milk Thistle Extracts market for the forecast period 2021 - 2025?
• What are the driving forces in the Milk Thistle Extracts market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Milk Thistle Extracts industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?