The global Scutellariae extract market was valued at USD 132 million in 2023, and it is projected to grow significantly over the forecast period, reaching USD 249.16 million by 2030. This represents a compound annual growth rate (CAGR) of 9.50%. The market’s strong growth trajectory can be attributed to the rising popularity of herbal medicine, increased consumer awareness of natural products, and the growing demand for plant-based alternatives in various industries, including healthcare, pharmaceuticals, and cosmetics.
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