Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Artichoke Extract Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Artichoke Extract Market Grow Between 2024 and 2025?
The size of the artichoke extract market has been increasing consistently over the recent past. It is projected to increase from $2.89 billion in 2024 to $3.04 billion in 2025, with a compound annual growth rate (CAGR) of 4.9%.
How Much Will the Artichoke Extract Market Be Worth in 2029?
The Artichoke Extract Global Market is projected to reach a size of $3.71 billion in 2029, growing at a compound annual growth rate (CAGR) of 5.1%.
Download the Free Sample Now:
Which Artichoke Extract Market Drivers Are Linked to Revenue Growth?
The key drivers in the artichoke extract market are:
• Increasing consumer preference for natural and functional ingredients
• Growing awareness about health benefits of natural ingredients
• Demand for transparency in product sourcing and ingredients
• Rise in usage of artichoke extract due to its potential health benefits such as liver support and antioxidation properties
Which Segments Are Expected to Grow in the Artichoke Extract Market?
The artichoke extractmarket covered in this report is segmented –
1) By Type: Powder, Liquid
2) By Form: Fresh, Frozen, Canned
3) By Distribution Channel: Direct Sales, Indirect Sales
4) By Application: Food And Beverages, Personal Care, Dietary Supplements, Cosmetic Industry
Explore the Complete Market Report:
What Are The Key Trends Impacting Growth In The Global Artichoke Extract Market?
The key trends in the artichoke extract market are:
• Companies in the artichoke extract market are shifting towards the development of new formulations and delivery formats.
• The incorporation of artichoke extract in innovative health supplements, combined with other natural ingredients, is a growing trend.
• There is a growing focus on creating products designed to enhance health benefits through synergistic effects.
• Dietary supplements designed to meet the nutritional needs of individuals following specific dietary habits, such as intermittent fasting, are emerging.
Who Are the Key Competitors in the Global Artichoke Extract Market?
Major players in the artichoke extract market are:
• Croda International Plc
• iHerb LLC
• Now Health Group
• Enzymedica
• Jarrow Formulas Inc.
• Nature's Way Products LLC
• Gaia Herbs Inc.
• Bio-Botanica Inc.
• Nutricost
• Indena S.p.A.
• Naturalin Bio-Resources Co., Ltd.
• Martin Bauer Group
• Bulk Supplements
• Jiaherb Inc.
• Nutra Green Biotechnology Co. Ltd.
• Hawaii Pharm LLC
• Hunan Huakang Biotech Inc.
• Hunan NutraMax Inc.
• DolCas Biotech
• OstroVit
Where Is the Artichoke Extract Market Growing Fastest Between 2025 and 2029?
Europe was the largest region in the artichoke extract market in 2024
