The global bidens pilosa extract market size accounted for USD 40,800 million in 2024 and is expected to exceed around USD 1,38,500 million by 2034, growing at a CAGR of 13% from 2024 to 2034.
The bidens pilosa extract market is growing due to the increasing interest in natural and herbal ingredients. Industries like cosmetics, pharmaceuticals, and nutraceuticals use this extract for its therapeutic properties. In the medical industry, extracts are used to create medicines to treat pain, skin conditions, and even cancer-related diseases.
For Instance, consumers are paying more for advertisements that showcase the benefits of skincare products. As a result, sales of specialty skincare products are increasing. Players like established and independent brands have also added new products to their products.
The demand in the bidens pilosa extract market continues to increase as the increasing demand for anti-aging products among millennials is driving demand for bidens pilosa extract products. This is because Bidens pilosa contains plant-based retinoic acid, which helps slow down the aging process. The growth of over-the-counter skincare products in the market also shows that the demand for anti-aging products is strong. Consumers are increasingly paying more for advertisements that showcase the effectiveness of skincare products. As a result, sales of specialty skincare products are increasing. In addition, players such as well-established and independent brands have also added new products to their products.