Artichoke is a perennial plant that belongs to the thistle family of flowering plants. Artichoke extract is made from the plant’s leaves and is often sold as a powder. When compared to other sections of the artichoke, the leaves have high phenolic content and are soluble in solvents such as n-butanol solution. It has a large number of flavonoids and antioxidants, which help to reduce blood pressure, and cholesterol levels, and provide other health advantages. Artichoke extract contains important bile-driving compounds such chlorogenic acid and cynarine, which aid in liver protection. Increased demand in the global market is driven by increased awareness of artichoke extract’s health advantages and consumer desire for diverse applications in the nutrition and food industries.
Market Trends for Artichoke Extract:
A significant factor driving the worldwide artichoke extract market is increasing customer knowledge of artichoke extract health advantages such as liver protection by creating bile juices, diabetes, blood pressure, and others. Artichoke extract is predicted to see an increase in demand from the beverages industry as a component for herbal tea due to the presence of flavonoids and antioxidants. The market for plant extracts is expanding due to customer demand for natural products, and it is likely to rise over the forecast period. One of the key restraints to the worldwide artichoke extract market’s growth is the availability of different plant extracts with similar therapeutic capabilities.
Key Players in the Artichoke Extract Market:
Jiaherb, Inc., Nutra Green Biotechnology Co. Ltd., Hawaii Pharm LLC, Gaia Herbs, Inc., and Nature’s Way Products, LLC are some of the main participants in the worldwide artichoke extract market.