Global Artichoke Extract Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Powder and Liquid.

By Application;

Food & Beverages, and Cosmetic & Personal Care.

By Distribution Channel;

Indirect Sales and Direct Sales.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn876127077 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Artichoke Extract Market (USD Million), 2021 - 2031

In the year 2024, the Global Artichoke Extract Market was valued at USD 3,319.74 million. The size of this market is expected to increase to USD 4,893.60 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.7%.

The global market for artichoke extract is thriving, buoyed by growing consumer awareness of its health benefits and the increasing popularity of natural supplements. Derived from the leaves of the artichoke plant (Cynara scolymus), artichoke extract is celebrated for its potential therapeutic properties, particularly in supporting liver health, aiding digestion, and managing cholesterol levels. These attributes have positioned artichoke extract as a sought-after option among health-conscious individuals seeking natural remedies and dietary enhancements.

A significant driver of the artichoke extract market is its expanding reputation as a functional ingredient with antioxidant properties that contribute to overall wellness. With a heightened emphasis on health and well-being, consumers are increasingly drawn to products that offer nutritional benefits and potential preventive health effects. Artichoke extract is available in various forms such as capsules, powders, and liquid extracts, catering to diverse consumer preferences and dietary needs, thereby stimulating market growth.

Europe and North America lead the global artichoke extract market, benefiting from well-established dietary supplement industries and a robust consumer base interested in natural health products. Nonetheless, rapid growth is also observed in the Asia-Pacific and Latin American regions, driven by rising disposable incomes, heightened health consciousness, and expanding availability of nutritional supplements. As the global demand for artichoke extract continues to rise, ongoing advancements in product formulations and increased scientific research are expected to further strengthen its market presence and appeal across diverse demographics worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Artichoke Extract Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Increasing consumer awareness of health benefits
        2. Rising preference for natural and functional ingredients
        3. Growing application in nutraceuticals and pharmaceuticals
      2. Restraints:
        1. Limited awareness in developing regions
        2. Seasonal and geographic constraints in production
        3. Regulatory challenges and compliance
      3. Opportunities:
        1. Expansion of distribution channels
        2. Research and development initiatives
        3. Increasing demand in emerging markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Artichoke Extract Market, By Type, 2021 - 2031 (USD Million)
      1. Powder
      2. Liquid
    2. Global Artichoke Extract Market, By Application, 2021 - 2031 (USD Million)
      1. Food and beverages
      2. Cosmetic & personal care
    3. Global Artichoke Extract Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Indirect Sales
      2. Direct Sales
    4. Global Artichoke Extract Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Jiaherb
      2. Nutra Green Biotechnology Co
      3. Hawaii Pharm
      4. Gaia Herbs
      5. Nature's Way Products
  7. Analyst Views
  8. Future Outlook of the Market