Safflower Extracts Market size was valued at USD 250 Million in 2024 and is projected to reach USD 450 Million by 2033, exhibiting a CAGR of 7.2% from 2026 to 2033.
In 2022, the global safflower extracts market demonstrated significant growth, with a valuation of approximately USD 72.8 million. This expansion was primarily driven by increasing consumer awareness of health benefits associated with safflower extracts, leading to a compound annual growth rate (CAGR) of 6.52% during the forecast period. Regionally, North America maintained a leading position in the safflower extracts market, attributed to heightened health consciousness and a preference for natural products among consumers. Europe followed closely, with countries like Germany and the United Kingdom exhibiting robust demand due to the rising popularity of plant based diets and natural health supplements. The Asia Pacific region, particularly China and India, showcased substantial growth potential, fueled by expanding populations and increasing disposable incomes. Latin America and the Middle East & Africa also contributed to the market dynamics, with growing awareness and adoption of safflower extracts in various applications, including pharmaceuticals, cosmetics, and food and beverages.
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Camlab
New Way Herbs
EPC Natural Products
Shanghai Youngsun Foods
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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 Safflower Extracts Market
Safflower Oil Extract
Safflower Powder Extract
Safflower Leaf Extract
Safflower Seed Extract
Food & Beverages
Cosmetics & Personal Care
Pharmaceuticals
Nutraceuticals
Animal Feed
Liquid Extracts
Powdered Extracts
Capsule Forms
Tablet Forms
Health Supplements
Functional Foods
Weight Management Products
Skin Care Products
Hair Care Products
Online Retail
Offline Retail
Pharmacies
Supermarkets/Hypermarkets
Specialty Stores
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 Safflower Extracts 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 Safflower Extracts Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Safflower Extracts Market, By Type
6. Global Safflower Extracts Market, By Application
7. Global Safflower Extracts Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Safflower Extracts Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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