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

The global activated charcoal supplement market accounted for US$ 3.98 Bn in 2018 and is expected to grow to US$ 9.80 Bn 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. As a result, the activated charcoal supplement has a vital role in applications throughout the healthcare industry, including the 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 are driving the growth of the global market.

In addition, increasing adoption of activated charcoal supplements in the U.S. and 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 the 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 increasing the activated charcoal supplement market growth.

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. The capsules segment accounted for a share of more than 40% of the total revenue generated by the global activated charcoal supplement market. The wide usage of capsules in treating 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 the 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 as a replacement for multivitamin tablets by some people.

Application Analysis

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

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

Regional Analysis

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

In 2018, the North American region dominated the activated charcoal supplement market and had more than 30% market share. However, Latin America follows North America. This is due to the rising demand for activated charcoal from the U.S., increasing awareness of the benefits offered by supplements, including detoxification and various other health benefits. In addition, the Latin American region will have considerable growth due to rising incidences of diarrheal diseases among children.

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

List of Companies Covered:

• Swanson Premium
• Schizandu Organics
• Country Life
• SimplySuplements
• Nature's Way
• Jacobi Carbons (OSAKA GAS)
• FORZA
• Amy Myres
• Carbotech
• Holland and Barrett
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Key Industry Development:

• In 2018, Schizandu Organics launched a new product: hardwood-activated charcoal powder for teeth whitening, detoxifying, and supporting colon and digestive issues.Historical & Forecast PeriodThis 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.
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SegmentationProduct Type Segment (2017–2027; US$ Bn)

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

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

• North America (the 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 (the Middle East & Africa, Latin America)
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The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities to understand the overall activated charcoal supplement market better. In addition, the global report also represents the competitive landscape based on market initiatives and strategies, product portfolio, and business strengths.