Activated Charcoal Supplements Market in Good Shape in 2029;COVID-19 to Affect Future Growth Trajectory
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.
Activated Charcoal
Supplements Market - Key Takeaways
- 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.
Activated Charcoal
Supplements Market - Key Restraints
- 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
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.
Explore Extensive
Coverage of FMI's Food, and Beverages Landscape
This Future Market Insights
report of 200 pages covers actionable insights on the activated charcoal
supplements market. The market assessment is based on product type (capsules,
tablets, powder, and others), sales channel (drug stores, healthy & beauty
stores, modern trade, third party online channels, company online channels, and
practitioner channels), primary function (antidiarrheal, detoxification, and
anti-bloating) and across seven key regions (North America, Latin America,
Europe, Middle East & Africa, East Asia, South Asia, and Oceania).
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