Home / Press Release / Global Activated Charcoal Supplement Market Projected To Grow At A CAGR Of 10.5% During The Forecast Period

Global Activated Charcoal Supplement Market Projected To Grow At A CAGR Of 10.5% During The Forecast Period

The latest market report published by Credence Research, Inc. “Activated Charcoal Supplement Market: Growth, Future Prospects, and Competitive Analysis, 2019 - 2027” the Activated Charcoal Supplement market was valued at US$ 3.98 Bn in 2018 and expected to reach US$ 9.80 Bn by 2027 at a CAGR of 10.5% throughout the forecast period from 2019 to 2027.

Market Insights

"Evolving need to control carbon emission will spur revenue growth during the forecast period"

The increasing usage of charcoal supplements in healthcare and pharmaceutical industry for treatment of various diseases including food poisoning, diarrhea and oral overdose among others is propelling the demand of activated charcoal supplement market. The benefits of charcoal tablets and capsules including antibacterial, detoxification and antiviral properties is proliferating the demand for activated charcoal supplements market. Additionally, consumption of activated charcoal capsule helps in unsettling intestinal gas. The increasing use of activated charcoal for treatment of water and air pollution in the commercial settings is further boosting the demand. The adsorptive properties together with ability to develop remarkable purity in naturally occurring products have led to its assimilation into the drugs themselves.

Growing manufacturing activities in developing nations supports the proliferating demand for activated charcoal supplement. Swift growth in production from the healthcare and chemical industry requires increased usage of activated charcoal supplement for purification. In addition, the increasing lifestyle changes of customers coupled with nutritional understanding and increased use of products for detoxification is further boosting the market growth. However factors including, difficulty to consume such supplements and certain side-effects such as blockage of intestinal tract and dehydration among others is hindering the growth of the market.

Activated Charcoal Supplement Market

Industrial Developments

• Recently, Forza launched its new activated charcoal supplement product for treatment of bloating, belching and intestinal gas.

Key Market Movements

• Globally, the activated charcoal supplement market is growing at a CAGR of 10.5% during the forecast period of 2019 to 2027. In 2018, Activated charcoal supplement accounted for US$ 3.98 Bn globally and is expected to reach US$ 9.80 Bn by 2027.
• The increasing trend to push the usage of activated charcoal supplement for treatment of various diseases is boosting the market demand. The use of activated charcoal is supported by European Food Standard Authority following the result of human studies showing the effects of activated charcoal.
• Stringent regulatory standards particularly in the U.S. and China is expected to drive the growth of the market.
• North America region is dominating the activated charcoal supplements market. It accounted for a share of more than 15% of the market revenue generated worldwide followed closely by Latin America. This is due to the rising demand of activated charcoal supplements in the region, increasing concerns on health and detox benefits among others.

List of Companies Covered:

• Swamson Premium
• Schizandu Organics
• Country Life
• SimplySuplements
• Nature’s Way
• Jacobi Carbons (OSAKA GAS)
• FORZA
• Amy Myres
• Carbotech
• Holland and Barrett

Browse the full report at https://www.credenceresearch.com/report/activated-charcoal-supplement-market

The Global Activated Charcoal Supplement Market is Segmented into:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion
Segmentation

 By Product Type Segment (2017–2027; US$ Bn)

 By Application Segment (2017–2027; US$ Bn)

 By Geography Segment (2017–2027; US$ Bn)

*Complete segmentation list is on report page

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