North America Activated Charcoal Supplement Market

North America Activated Charcoal Supplement Market Size Growth 2022 - 2027:

North America Activated Charcoal Supplement Market is expected at USD xx.xx million in 2021 and is anticipated to extent an over of USD xx.xx million by the end of the assessment period. The North America Activated Charcoal Supplement Market is estimated to experience reasonable growth to record a CAGR of xx.xx% throughout the estimate period (2022 - 2027)

Activated carbon is environmentally friendly and is found in water. This has made it a powerful water treatment strategy. In companies, for example, activated carbon is frequently used in the filtration process. Furthermore, prominence for the natural products that are easily available is levelling up the demand of the market. Activated carbon is used as one of the finest filtration process in waste water management. In addition, today water filtration products are designed for domestic use, where activated carbon cartridges are used for water purification.

Recent Developments

Wood-based activated carbon has been acquired by the company called Calgon Carbon Corporation, reactivation and mineral-based filter media business of CECA. At closing, Calgon Carbon paid 140.7 million euros in cash and assumed 6.5 million euros of non-pension liabilities. The cash portion of the purchase price was financed with loans under the Company's recently increased revolving credit facility of $ 300 million. The combined company is expected to be an industry leader in the activated carbon and filter media market, with greater diversification, a strong presence in Europe and a broader reach in emerging countries.

Market Drivers and Restraints:

The increasing use of charcoal supplements in the pharmaceutical and healthcare industry for the treatment of various diseases such as food poisoning, diarrhea and oral overdoses, among others, is driving the market demand for charcoal supplements. In addition, the consumption of activated charcoal capsules helps to destabilize intestinal gases. The increasing use of activated carbon to treat air and water pollution in commercial settings further increases demand. The adsorption properties, as well as the ability to develop remarkable purity in natural products, have led to its assimilation into the drugs themselves. Increasing manufacturing activities in developing countries are supporting the growing demand for activated carbon supplements. Additionally, increasing customer lifestyle changes, coupled with nutritional understanding and increased use of detox products, are further driving market growth. However, factors such as the difficulty in consuming such supplements and some side effects such as blockage of the intestinal tract and dehydration, among others, are hampering the growth of the market.

Market Segmentation:

Product Type:

• Capsules
• Tablets

Capsules segment is leading with the dominant shares of the market. It is esteemed to reach USD 6 billion by the end of 2025 owing to the growing awareness over the benefits in capsules. These charcoal tablets also have other benefits, they provide relief to patients with stomach and intestinal problems. There is a growing trend for consumers to switch to activated charcoal from multivitamin pills.

Application:

• Detoxification
• Eliminate swelling
• Antidiarrheal

They are used to treat stomach pain caused by diarrhea, gas, or other stomach-related problems. Also, its use against drug overdose, accidental poisoning. Charcoal capsules help dialysis patients to recover in less time that is additionally propelling the demand of this segment to the extent.

MARKET REPORT COVERAGE:

Impact of covid-19 on North America Activated Charcoal Supplement Market

As scientists around the world seeking a pharmaceutical solution for COVID-19, the new methodology to consolidate the antiviral prescription activated charcoal supplement envisions reducing dose recurrence, while providing greater safety against infections. Activated charcoal has long been considered a key ingredient in treating a large number of disabilities. Although it found progress in eliminating toxins and overdose, in recent times activated charcoal supplements are strengthening the suitability of antiviral medications. This factor is expected to have a great positive effect as the world reflects on the threat of the Corona virus.

Regional Analysis:

North America is likely to be one of the top regional markets during the forecast period, due to growing demand from the United States. The growing awareness of the health and detox benefits of activated charcoal is one of the main factors responsible for the growth of the market in this region. The growth is attributed to changes in consumer lifestyles, growing health awareness, and increased use of detox products. In addition, the country is marked by the presence of actors such as Donau Chemie Group and Calgon Carbon Corporation.

Leading Company

Donau Chemie Group had the largest share of the North America Activated Charcoal Supplement Market in terms of sales revenue in 2021.

Key Players

The North America Activated Charcoal Supplement Market is concentrated with well-established players. Key players in the North America Activated Charcoal Supplement Market include, Donau Chemie Group, Amy Myres, Calgon Carbon Corporation, and Nature’s Way.