An Incisive, In-depth Analysis on the Activated Charcoal Market
This study offers a comprehensive, 360 degree analysis on the Activated Charcoal market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Activated Charcoal market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Activated Charcoal Supplements Market to Grow at Astounding Growth Rate
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.
Powder Products Lead Demand Generation
Activated Charcoal Powder exhibits share-wide dominance over capsules, tablets, and other alternative product types. This can be attributed to the highly soluble nature of activated charcoal powder which makes it an effective method to utilize its medical properties. Powder is closely followed by tablets which hold more than 1/4th of the market share. Glacial to adapt to changing trends, the geriatric population still prefers tablets over capsules, powder, or other product types. Since, a majority of consumers belong to the geriatric population, tablets are well-poised as the second most preferred product type.
North America Thrusts Market, Latin America, and Europe Present Lucrative Opportunities
North America creates over 1/4th of total demand for activated carbon. Early adopters such as the US are central to this majority market share where the geriatric population is considering organic ways to treat intestinal problems. Latin America and Europe follow North America with a collective market share of more than 1/4th of the total market value. Although it is currently 4th in terms of global division, East Asia offer the most lucrative growth opportunities with a stellar 13% CAGR from 2019 to 2029. Countries in East Asia such as China, Hong-Kong, and Japan are driving this growth on the back of economic development which includes increasing expendable income of consumers, information penetration through the internet, and healthcare infrastructure development.
End-use Industry Applications Impel Future Revenues
Innovative applications of activated charcoal in water treatment, automotive, and industrial activities will generate remunerative growth opportunities during the forecast period. Emerging economies of East Asia and Latin America are expected to drive demand generation. Rapid increase in expenditure on preventive healthcare practices is a major factor of this growth trend. Market players are investing in new product development and expanding their global footprint through strategic partnerships. Government regulations over water treatment and mercury emission are global drivers that will have a positive impact on the activated charcoal supplements market.
Drug Stores Drive Global Sales
Drug stores are the most preferred source of activated charcoal supplements. They encompass more than 1/3rd of global sales. This is followed by health & beauty stores which garner 22% of total sales of activated charcoal supplements. Geriatric population and baby-boomer consumers are still buying their supplements from the local drug store. Intestinal diseases are most common among these consumer groups. Health & beauty stores on the other hand, are engaging the millennial consumer by positioning themselves as a specialty store that caters to health issues and enhance beauty quotient of walk-ins.
Frequently Asked Questions (FAQs)
What drives the activated charcoal supplements market?
Increasing number of geriatric consumers coupled with a surge in intestinal diseases drive the activated charcoal supplements market. Activated charcoal supplement is gaining advocates in the form of satisfied consumers that acts as driver for the growth of this market.
Which factors put market players at risk?
Disproportionate raw material availability put market players at risk. Stringent regulatory standards for industrial end-uses present restraints to an otherwise spurring activated charcoal market. Market players can circumvent these risks by research and development of efficient application of activated charcoal supplements.
Which region will lead the global sales of activated charcoal supplements?
North America leads the global sales of activated charcoal supplements owing to the geriatric population in North American economies. This is followed by Latin America and Europe which collectively account for more than 1/4th of the total market value. Developing economies in Latin America face an alarming increase in need for water purification which in turn increase the demand for activated charcoal supplements.
Which product-type segment offers most lucrative growth opportunities?
Powder provides the most lucrative growth opportunities. Its highly-soluble nature enables numerous applications in versatile industries. Tablets is another segment that follows powder product types in terms of revenue generation.
Which segment based on sales channel will record the highest growth?
Drug Stores will record the highest growth in terms of sales channels. It currently dominates the market with a market share of more than 35% with continued growth during the forecast period.
A recent market study published by Future Market Insights on the activated charcoal supplement market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
The global activated charcoal supplement market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
By Sales Channel
By Primary Function
Chapter 01 - Executive Summary
The executive summary of the activated charcoal supplement market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global activated charcoal supplement market.
Chapter 02 - Market Introduction
Readers can find the detailed segmentation and definition of the activated charcoal supplement market in this chapter, which will help them understand basic information about the activated charcoal supplement market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the activated charcoal supplement market report.
Chapter 03 - Market Background
The associated industry assessment of the activated charcoal supplement market is carried out in this section. The macroeconomic factors affecting growth of the activated charcoal supplement market are provided in this section and the impact of these macroeconomic indicators on the activated charcoal supplement market is analyzed. The processing overview and technological advancements in the activated charcoal supplement market is also provided.
Chapter 04 - Global Market Value Chain
Profit margins at each level of the activated charcoal supplement market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.
Chapter 05 - Market Dynamics
The drivers and restraints impacting the growth of the activated charcoal supplement market are explained in this chapter. Opportunities and ongoing trends in the activated charcoal supplement market are also comprehensively discussed.
Chapter 06 - Global Market Analysis and Forecast 2014-2029
This chapter includes detailed analysis of the historical activated charcoal supplement market (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). Readers can also find the absolute $ opportunity for the current year (2019 - 2020) and incremental opportunity for the forecast period (2019-2029). This chapter provides details about the activated charcoal supplement market on the basis of product type, by primary and sales Channel. In this chapter, readers can understand market attractive analysis for all segments. This chapter explains how the activated charcoal supplement market is anticipated to grow across North America, Latin America, Europe, South Asia, Oceania, East Asia and Middle East and Africa.
Chapter 07 - North America Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the activated charcoal supplement market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on product type and countries in the North America region.
Chapter 08 - Latin America Market Analysis 2014-2018 & Forecast 2019-2029
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the activated charcoal supplement market in the Latin America region. This chapter also includes growth prospects of the activated charcoal supplement market in leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.
Chapter 09 - Europe Market Analysis 2014-2018 & Forecast 2019-2029
Important growth prospects of the activated charcoal supplement market based on its end user in several countries such as Germany, Italy, France, U.K., Spain, BENLUX, Russia and Rest of Europe are included in this chapter.
Chapter 10 - South Asia Activated Charcoal Supplement Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the activated charcoal supplement market in South Asia region including the important growth prospects of the activated charcoal supplement in several countries such as India, Thailand, Indonesia, Malaysia, and Oceania and Rest of South Africa are included in this chapter.
Chapter 11 - East Asia Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the activated charcoal supplement market in East Asia region including the important growth prospects of the activated charcoal supplement in several countries such as China, Japan and South Korea are included in this chapter
Chapter 12 - Oceania Market Analysis 2014-2018 & Forecast 2019-2029
This chapter includes a detailed analysis of the growth of the activated charcoal supplement market in the Oceania. Readers can also find regional trends, regulations, and market growth of countries in the Oceania
Chapter 13 - Middle East and Africa Market Analysis 2014-2018 & Forecast 2019-2029
This chapter offers insights into how the activated charcoal supplement market is expected to grow in major countries in the MEA region such as GCC Countries, Turkey, South Africa, Northern Africa and the Rest of MEA, during the forecast period 2019-2029.
Chapter 14 - Competition Assessment
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the activated charcoal supplement market along with their market presence analysis by region and product portfolio. Readers can find a comprehensive list of leading manufacturers in the activated charcoal supplement market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players and end users featured in the report are ADA-ES, Inc., Boyce Carbon, Jacobi Carbons AB, Cabot Corporation, Calgon Carbon Corporation, CarboTech AC GmbH, Donau Chemie AG, Evoqua Water Technologies LLC, Haycarb PLC, Kalpachar Products Pvt., Kuraray Co., Ltd., Oriental Trading Co., Ltd., Veolia Water Technologies, Reddy Emirates International LLC, Osaka Gas Chemicals Co., and others.
Chapter 15 - Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the activated charcoal supplement report.
Chapter 16 - Research Methodology
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the activated charcoal supplement market.
Sources and Primary Research Splits (%)