Global Artichoke Extract Market Size, Share & Trends Analysis Report, By Product Form (Powder and Liquid), By Application (Food and Beverages, Dietary Supplements, and Cosmetic and Personal Care), By Distribution Channel (Online and Offline), Forecast (2022-2028)

The global artichoke extract market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Artichoke is a European plant whose stem, leaf, and root are used in making herbal extracts. The artichoke extract is collected from plant and is largely available in powder form. These extracts are containing higher concentration of chemicals which are present naturally in plants. It is a rich source of flavonoids and antioxidants which supports in regulating blood pressure, controlling the cholesterol and also offers many health benefits. Its extracts find substantial application in food and beverage industry where artichoke extract is widely used as a flavoring agent and sometimes also used as sweeteners in combination with other chemicals. Its powder is also used in preparation of various cosmetics.

As far as its medicinal uses are concerned, artichoke extract is used to stimulate the flow of bile from the liver and it further reduces the symptoms of heartburn and alcohol hangover. All these benefits offered by artichoke extract are likely to augment the global artichoke extract market. The growing awareness among the global population about other health benefits of using artichoke extract including its effective role in maintaining blood pressure, curing liver issues, diabetes, and others will further boost the demand for artichoke extract globally. The substantial use of artichoke extract in herbal tea as flavonoids further surges the market growth.

Market Coverage
The market number available for – 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered- 
By Product Form
By Application
By Distribution Channel
Regions covered-
North America
Europe
Asia-Pacific
Rest of the World

Top major Key Players:
Jiaherb, Inc., Gaia Herbs, Inc., and Nature’s Way Products, LLC. among others.

Key questions addressed by the report
What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
Deviation from the pre-COVID-19 forecast
Most affected region and segment
Who is the leader in the market?
How are players addressing challenges to sustain growth?
Where is the investment opportunity?

 

Global Artichoke Extract Market Report by Segment

By Product Form
Powder
Liquid

By Application
Food and Beverage
Dietary Supplements
Cosmetic and Personal Care

By Distribution Channel
Online
Offline