Activated Charcoal Supplement Market By Product Type (Tablets, Capsules), By Application (Antidiarrheal, Detoxification, Eliminate Swelling) - Growth, Share, Opportunities & Competitive Analysis, 2019 -2027

Key Market Insights

"Increasing adoption of capsule supplements will spur the market revenue growth"

The global activated charcoal supplement market accounted for US$ 3.98 Bn in 2018 and expected to grow to US$ 9.80 Bn growing at a CAGR of 10.5% throughout the forecast period from 2019 to 2027.

Activated charcoal supplement absorbents are tailor-made for precise applications on the basis of pore volume and pore size requirements. Activated charcoal supplement has a vital role in applications throughout the healthcare industry including treatment of diseases such as indigestion, diarrhea and flatulence among others. Wood, coconut shell, and fruit pits among other raw materials are processed on a mass scale. Thus, the easy availability and environmental and nature friendly products is driving the growth of the global market.

In addition, increasing adoption of activated charcoal supplement in the US, increasing investment flow for research and development of new products are driving the growth of the activated charcoal supplement market globally. In developed nations, demand for activated charcoal supplement is proliferated by regulatory standards implemented by governments. For instance, The European Food Standard Authority supported the use of activated charcoal supplements in Europe following human studies. Thereby proliferating the activated charcoal supplement market growth

Market Synopsis

Activated Charcoal Supplement Market

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Product Type Analysis

"Tablets charcoal supplement segment to register maximum growth throughout the forecast period"

Based on product type, the activated charcoal supplement market is segmented into tablets, and capsules. Capsules segment accounted for a share of more than 40% of the total revenue generated of the global activated charcoal supplement market. Owing to the wide usage of capsules in treatment of diseases such as constipation, diarrhea and flatulence is driving the growth in this segment. Additionally, the capsules are consumed at a large scale.

In contrast, tablet activated charcoal supplement is set to register highest growth throughout the forecast period. Owing to the beauty benefits and relieving effects in intestinal problems. These tablets are widely used as morning pills for detoxification and also as a replacement of multivitamin tablets by some people.

Activated Charcoal Supplement Market

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Application Analysis

"Detoxification segment expected to be dominant during the forecast period"

Based on application, the global activated charcoal supplement market is classified into antidiarrheal, detoxification, and eliminate swelling. The detoxification segment accounted for more than 25% of market revenue. Owing to increasing usage of activated charcoal supplements to treat diarrhoea-induced stomach aches, and gas among others. It is also used for accidental drug overdose and poisoning and in patients with dialysis to soothe itching. In contrast, antidiarrheal segment to register fastest growth. Owing to increasing incidences of diarrhoea among children of age group 1 to 23 globally.

Activated Charcoal Supplement Market

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Regional Analysis

"Rising health concerns to bolster the growth in Asia Pacific region"

In 2018, North America region is dominating the activated charcoal supplement market and accounted for market share of more than 30%. North America is followed by Latin America. This is due to the rising demand of activated charcoal from the US, increasing awareness of benefits offered by supplements including detoxification and various other health benefits. Latin America region will have considerable growth due to rising incidences of diarrheal diseases among childrens.

In contrast, Europe region is expected to be the fastest growing region with a CAGR of more than 12%. This is due to growing disposable income, increasing trend for healthy lifestyle, and presence of major players in the region. Asia Pacific region is expected to grow significantly. This is due to high demand for activated charcoal supplements owing to increased gastrointestinal issues in countries such as India and China among others. Thus proliferating the demand for activated charcoal supplement market.

Activated Charcoal Supplement Market

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

Activated Charcoal Supplement Market

Key Industry Development:

  • In 2018, Schizandu Organics launched a new product hardwood activated charcoal powder for teeth whitening, detoxification, supporting colon and digestive issues.

Historical & Forecast Period

This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.

Market Segmentation

 

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

 Product Type Segment (2017–2027; US$ Bn)
 • Capsules
 • Tablets

 Application Segment (2017–2027; US$ Bn)
 • Antidiarrheal
 • Detoxification
 • Eliminate Swelling

 Geography Segment (2017–2027; US$ Bn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, Russia, Rest of Europe)
 • Asia Pacific (Japan, China, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that gives a better market understanding of the overall activated charcoal supplement market. Additionally, the global report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.

Key questions answered in this report

  • What are the current market trends and dynamics in the activated charcoal supplement market and valuable opportunities for emerging players?
  • Estimated forecast and market projections up to 2027
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which product type segment holds a larger market share and why?
  • Are low and middle-income economies investing in the activated charcoal supplement market?
  • Which is largest regional market for activated charcoal supplement?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America and Middle East & Africa?
  • Worldwide market value of the activated charcoal supplement market in 2017 and 2018
  • Which are the key trends driving the global activated charcoal supplement market growth?
  • Who are the leading service providers in the activated charcoal supplement market worldwide?
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Published Date:  Feb 2020
Category:  Food & Beverage
Report ID:   60175
Report Format:   PDF
Pages:   120
Rating:    4.2 (49)
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