Why Is Herbal Extract So Popular?
The worldwide market for herbal extracts has expanded from $73 billion in 2015 to $148 billion in 2023, at a CAGR of 9.2% (as per Grand View Research), with multi-dimensional drivers fuelling explosive growth. Health consumption upgrading is the key driver: According to the 2022 Nielsen survey, 68% of European and American consumers are willing …