Achillea Millefolium Extract Market size was valued at USD 150 Million in 2024 and is forecasted to grow at a CAGR of 6.25% from 2026 to 2033, reaching USD 250 Million by 2033.
In 2022, the global Achillea Millefolium Extract market was valued at USD X million, with a projected Compound Annual Growth Rate (CAGR) of Y% from 2022 to 2029. North America led the market, contributing approximately 35% of the total revenue, driven by high consumer demand for natural and organic products. Europe followed closely, accounting for 30% of the market share, supported by a robust cosmetics and personal care industry. The Asia Pacific region represented 25% of the market, with rapid growth attributed to increasing disposable incomes and heightened health awareness among consumers. Latin America and the Middle East & Africa each held a 5% share, reflecting emerging interest in herbal extracts within these regions. The markets expansion is propelled by the rising preference for natural ingredients in sectors such as cosmetics, pharmaceuticals, and food and beverages. Notably, the "Liquid Extract" segment dominated in 2023, capturing 45% of the market, while "Powder Extract" and "Oil Extract" segments accounted for 35% and 20%, respectively. Among applications, "Perfumes" held the largest share at 40%, followed by "Face Powders" at 35%, with "Face Powders" anticipated to experience the fastest growth due to the trend toward natural skincare products.
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CLR Berlin
Akott
BASF
Biogründl
Chemir
Dermalab
KOEI KOGYO CO.
LTD
Res Pharma
The Garden of Naturalsolution
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Achillea Millefolium Extract Market
Liquid Extracts
Powdered Extracts
Capsules
Tablets
Pharmaceuticals
Cosmetics and Personal Care
Dietary Supplements
Food and Beverages
Healthcare Professionals
Consumers
Beauty and Personal Care Companies
Food and Beverage Manufacturers
Online Retailers
Health Food Stores
Pharmacies
Supermarkets and Hypermarkets
North America
Europe
Asia-Pacific
Latin America
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Achillea Millefolium Extract Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Achillea Millefolium Extract Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Achillea Millefolium Extract Market, By Type
6. Global Achillea Millefolium Extract Market, By Application
7. Global Achillea Millefolium Extract Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Achillea Millefolium Extract Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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