Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 106.49 Billion | USD 196.37 Billion | 7.95% | 2024 |
FrequentlyAsked Questions
Milk thistle is a flowering plant widely recognized for its medicinal properties, especially in supporting liver health. The herb contains silymarin, a potent antioxidant compound that is known to reduce inflammation, protect liver cells from toxins, and promote regeneration.
The global milk thistle market is projected to grow due to surging demand for herbal supplements, the expansion of direct-to-consumer channels and e-commerce, and the increasing adoption in pharmaceutical formulations.
According to study, the global milk thistle market size was worth around USD 106.49 billion in 2024 and is predicted to grow to around USD 196.37 billion by 2034.
The CAGR value of the milk thistle market is expected to be approximately 7.95% from 2025 to 2034.
Europe is witnessing the fastest progress in the milk thistle market, driven by robust demand for liver health supplements and high consumer preference for herbal remedies. The rising prevalence of liver-related conditions, combined with supportive regulatory frameworks, further boosts industry growth.
Technological advancements are fueling the milk thistle market by enhancing extraction techniques, which yield bioavailability and higher purity of silymarin.
Leading players in the milk thistle market are adopting strategies such as clean-label formulations, product innovation, and plant-based delivery systems to enhance their market presence. They also engage in partnerships, mergers, and global distribution expansion to amplify their market presence.
Macroeconomic factors, such as aging populations, rising disposable incomes, and increasing healthcare spending, will positively fuel the milk thistle market by boosting demand for preventive herbal supplements. However, global supply chain disruptions and inflationary pressures may pose short-term challenges to production and pricing.
The key players profiled in the global milk thistle market include Gaia Herbs, Nature’s Bounty, Now Foods, Himalaya Herbal Healthcare, Jarrow Formulas, Swanson Health Products, Nature’s Way, Puritan’s Pride, Herbal Factors, Solgar, Oregon’s Wild Harvest, Thompson’s Herbal, Bioforce AG (A.Vogel), Integrative Therapeutics, and Natures Aid.
The report examines key aspects of the milk thistle market, including a detailed analysis of existing growth factors and restraints, as well as an examination of future growth opportunities and challenges that will impact the market.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed