Some of the major market players operating in the milk thistle industry are Nature’s Bounty Co., Jarrow Formula, Inc., 21st Century Healthcare Inc., Puritan’s Pride, Swanson Health Products, Sundown Naturals, Blackmores Limited, NOW Foods, Solgar, Inc. , Swisse, Bio-Botanica Inc., GNC and Amway Corp.
SELBYVILLE, Del., Aug. 25, 2022 /PRNewswire/ — The milk thistle market value is likely to cross USD 170.1 million by 2030, according to a new research report by Global Market Insights Inc.
A surge in the population of specific age groups is emerging as a prominent factor driving market growth, claims the report. Estimates from the UN’s World Population Prospects 2019 study show that the number of people between 40-59 years of age was recorded at 17, 83,309 in 2019. This population is likely to grow to nearly 20,46, 991 by 2050, which could bolster the demand for anti-aging products, creating a favorable growth environment for the milk thistle industry.
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Extended shelf life of liquid extract milk thistle will be crucial for market proliferation
Concerning the form, the milk…