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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Tribulus Terrestris Extract Market Analysis by Region
Tribulus terrestris grows in parts of Europe, Asia, Africa and the Middle East. The root and fruit of the plant are used in traditional Chinese medicine and Indian Ayurveda medicine. In the United States and Europe, Tribulus terrestris is used as a stimulative food additive. Bioactive phytochemicals such as saponins and flavonoids extracted and identified from the plant are used alone or in combination for various pharmacological activities.
Tribulus Terrestris Extract Market Report Snapshots
Tribulus Terrestris Extract Market Size
Tribulus Terrestris Market Trends
Tribulus Terrestris Extract Market Regional Analysis
Tribulus Terrestris Extract Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market size reached approximately USD 23.1 million in 2023.
The market is further expected to grow at a CAGR of 18.0% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of approximately USD 105.89 million by 2032.
The key drivers of the market are increasing adoption of natural products, rising health concerns, and growing research and development about the health benefits of Tribulus terrestris.
The major regional markets are the North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The major end uses are pharmaceuticals, and dietary supplement, among others.
The different forms of Tribulus terrestris are powdered and liquid.
The key players in the market include The Green Labs LLC, Nutra Green Biotechnology Co., Ltd, Foodchem International Corporation, Naturalin Bio-Resources Co., Ltd, and Arjuna Natural Pvt. Ltd, among others.
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