The article cited AMA's Global Safflower Extracts Market Study explored substantial growth with CAGR of 10.0%. According the report, Huge Demand of Multi-Functionality of the Product Such As Medicinal And Colorant Property is one of the primary growth factors for the market. Rising Demand for Processed Foods is also expected to contribute significantly to the Safflower Extracts market. Overall, Pharmaceutical Industry applications of Safflower Extracts, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Naturalin (China), Quality Product Lab Pvt. Ltd. (India), New Way Herbs (United States), EPC Natural Products Co. Ltd. (China), Shanghai Youngsun Foods (China), Cibaria International (United States), Quality brands (United States), Galp distribution oil Espana (Spain), Algodones Y Aceites Mexicanos (Mexico) and Los Charitos (Argentina) may see astonishing sales in this Market and certainly improve revenue growth.

The Distribution Channel, such as Online Distribution Channel, is boosting the Safflower Extracts market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Safflower Extracts market identified that the demand is rising in many different parts of the world as "Expansion of Their Product In Transgenic Safflower Plant Extract For Producing Human Insulin". Furthermore, some recent industry insights like "In August 2020, Arcadia Biosciences, Inc. announced that the U.S. Federal Register has published the Food and Drug Administration’s (FDA) approval of Arcadia’s food additive petition that its SONOVA GLA safflower oil is safe and nutritious for use in dog diets. This approval allows Arcadia to launch sales of its SONOVA GLA safflower oil to pet nutrition companies as a rich source of omega-6 fatty acids in their dog food formulations." is constantly making the industry dynamic. One of the challenges that industry facing is "High Demand for Organic Food, Growing Cosmetic Industry"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Safflower Extracts market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Safflower Extracts market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Safflower Extracts market tight?
• Which application/end-user category or Product Type [Dried Powder, Decoction and Oil] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Safflower Extracts market and other related sub-markets covered in the study.

o Key & emerging players in the Safflower Extracts market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Safflower Extracts market size is calculated using market estimation process, the Safflower Extracts market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Safflower Extracts market size has been validated using both top-down and bottom-up approaches.