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The herbal market size is forecast to increase by USD 130.3 billion at a CAGR of 6.8% between 2023 and 2028. One of the key factors driving the market growth is the increase in the prevalence of liver and heart diseases. The main factor that is significantly contributing to the growth of the global market is the increasing frequency of liver and heart disease. Additionally, there is a growing preference of consumers towards natural alternatives to address these health concerns as they become more aware of the possible benefits of herbal medicines. For example, the increasing popularity of herbs such as Milk Thistle due to their liver-protective effects. In addition, the main advantage of Milk Thistle components is that they help to improve liver function and minimize damage caused by illnesses including fatty liver disease. Hence, such factors are positively impacting the market which in turn will drive the market growth during the forecast period.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Delivery
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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