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Comprehensive Artichoke Extract Market Forecast 2025-2034: Growth Trends and Strategic Shifts

08-01-2025 12:09 PM CET | Food & Beverage

Press release from: The Business Research Company

Artichoke Extract

Artichoke Extract

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Artichoke Extract Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, there has been a significant increase in the size of the artichoke extract market. It is predicted that its value will escalate from $2.89 billion in 2024 to a more substantial $3.06 billion in 2025, indicating a compound annual growth rate (CAGR) of 5.7%. The driving forces behind this historical growth include the escalating demand for natural supplements, heightened awareness regarding the health benefits of artichoke extract, the expansion of the herbal medicine industry, increased research into phytochemicals, and dietary shifts towards antioxidant-enriched foods.

Artichoke Extract Market Size Forecast: What's the Projected Valuation by 2029?
Predictions hint at a robust increase in the market size of artichoke extract in the coming years, ballooning to a value of $3.77 billion by 2029 with an expected compound annual growth rate (CAGR) of 5.4%. The anticipated growth during the forecast period can be credited to factors such as the burgeoning nutraceutical industry, the older demographic prioritizing liver health products, the rising popularity of herbal solutions, an amplified emphasis on digestive health, and the escalating demand for organic ingredients among consumers. Key trends projected for the forecast duration encompass improvements in extraction methodologies, adoption of nanoencapsulation to boost bioavailability, implementation of biotechnology in farming, adoption of precision farming techniques, and progressive advancements in sustainable packaging.

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What Are the Drivers Transforming the Artichoke Extract Market?
The artichoke extract market is anticipated to expand owing to the growing inclination towards natural and functional ingredients. These ingredients, derived from natural sources, offer special health advantages beyond basic nutrition and are commonly used in food, supplements, and cosmetics. The growing consciousness of health benefits, the demand for transparency in product origins, and concerns about synthetic additives have all resulted in an increased demand for these ingredients. Artichoke extracts bring several health benefits such as aiding digestion, supporting liver health, and providing antioxidants - which are particularly attractive to consumers seeking natural health solutions and dietary supplements. For instance, a June 2022 survey by the Organic Trade Association (OTA), a US-based association for the organic industry, showed that sales in the organic industry exceeded $63 billion. This included $1.4 billion (2%) growth from the previous year. The report also indicated that organic food, which formed more than 90% of organic product sales, witnessed 2% growth reaching $57.5 billion. Consequently, the trend towards natural and functional ingredients is bolstering the artichoke extract market's growth.

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What Long-Term Trends Will Define the Future of the Artichoke Extract Market?
Leading businesses in the artichoke extract market are pivot towards new recipes and delivery methods such as innovative health supplements that mix artichoke extract with other natural components, aiming to gain an upper hand in the market. These health supplements that blend artichoke extract with other natural elements are dietary products developed to increase health benefits by generating collaborative effects. For example, Enzymedica, a U.S. pioneer in the production of dietary supplements, introduced Fasting Today in May 2024. This new drink mix is designed to cater to the nutritional requirements of individuals who follow intermittent fasting. It brings together three key ingredients: electrolytes, fibre, and amino acids. Fasting Today was created by Enzymedica to assist those on period-restricting diets by offering them necessary nutrients during their fasting hours. The drink mix is carefully devised with the intent of not interrupting a fast and incorporates baobab fibre to decrease hunger, crucial amino acids to maintain muscle health and body structure, and a balanced combination of electrolytes for hydration and overall body function, including backing for cardiac and cognitive health.

Which Segments in the Artichoke Extract Market Offer the Most Profit Potential?
The artichoke extract market 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

Subsegments:
1) By Powder: Organic Artichoke Powder, Conventional Artichoke Powder
2) By Liquid: Standardized Liquid Extract, Concentrated Liquid Extract

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Which Firms Dominate the Artichoke Extract Market by Market Share and Revenue in 2025?
Major companies operating 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

Which Regions Offer the Highest Growth Potential in the Artichoke Extract Market?
Europe was the largest region in the artichoke extract market in 2024. The regions covered in the artichoke extract market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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