The global activated charcoal supplements market will grow at a robust 11% CAGR during the forecast period, 2019-2029. Stringent government norms to address industrial pollution is likely to propel the usage of activated charcoal supplements in applications such as water treatment, and air purification. Upsurge in preventative healthcare practices is also likely to fuel growth engine of the market.
Surging intestinal diseases coupled with eco-friendly properties of activated charcoal will drive growth for activated charcoal supplements between 2019 and 2029. The activated charcoal supplements market will grow at an astounding CAGR of more than 11% during the forecast period.
Raw materials used in manufacturing charcoal such as coconut shell, olive stones, peat, fruit pits, and saw dust are organic in nature. Diseases such as acute indigestion, diarrhea, and flatulence are effectively treated with activated charcoal supplement tablets and capsules. On top of these factors, the rising awareness about the benefits of activated charcoal will drive growth through the end of 2029.
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- Given its highly soluble nature, powder form will maintain leading revenue share; tablets to see demand from geriatric consumers.
- Drug stores will account for maximum sales, followed by health & beauty stores that target the millennial population.
- North America and Europe continue to stay at forefront; East Asia to exhibit staggering growth.
- Adoption in wastewater treatment, automotive, and industrial applications to widen growth opportunities.
Activated Charcoal Supplements Market – Key Driving Factors
- Expanding patient pool of intestinal diseases will be a key factor driving the growth of activated charcoal supplements market.
- Organic origin of activated charcoal supplements to bolster their consumption.
- Health benefits associated with activated charcoal supplements to find use among health-conscious consumers.
- Increasing application in various industrial end uses owing to the versatility of activated charcoal supplements.
- Non-uniform availability of raw materials to remain a hindrance in activated charcoal supplements market
- Strict regulatory framework to pose a challenge for conventional producers of activated charcoal supplements
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Competition Landscape of Activated Charcoal Supplements Market
Players in activated charcoal supplements market are focusing on R&D activities, and adopting industry 4.0 technologies such as Industrial Internet of Things (IIoT), cloud computing, artificial intelligence (AI), and machine learning (ML). Prominent manufacturers in the activated charcoal supplements market include ADA-ES, Inc., Boyce Carbon, Jacobi Carbons AB, Cabot Corporation, Calgon Carbon Corporation, CarboTech AC GmbH, Evoqua Water Technologies LLC, Osaka Gas Chemicals Co, Oriental Trading Co., Ltd., and Kalpachar Products Pvt.
Market Segmentation
The global activated charcoal supplement market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
Product Type
- Capsules
- Tablets
- Powder
- Others (Granules, Gel, etc.)
By Sales Channel
- Drug Stores
- Health & Beauty Stores
- Modern Trade
- Third-Party Online Channels
- Company Online Channels
- Practitioner Channels
By Primary Function
- Antidiarrheal
- Detoxification
- Anti-Bloating
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Table Of Content
1. Global Activated Charcoal Supplements Market Executive Summary
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope
3. Key Market Trends and Opportunity Evaluation
3.1. Key Trends Impacting the Market
3.2. Mega Trends
4. Market Background
5. Global Activated Charcoal Supplement Market Size (US$ Mn) and Forecast, 2019-2029
6. Global Activated Charcoal Supplement Market Value Analysis and Forecast 2019-2029
7. North America Activated Charcoal Supplements Market Analysis 2014-2018 and Forecast 2019-2029
8. Latin America Activated Charcoal Supplements Market Analysis 2014-2018 and Forecast 2019-2029