Activated Charcoal Supplements Market Analysis Report By Product Type, By Application, By Region And Segment Forecasts From 2019 To 2025

Industry Insights

The global activated charcoal supplements market was sized USD 4.2 billion in 2018. The market is anticipated to witness a significant growth rate with a CAGR of 14.2% during the forecasted years, 2019 to 2025. This growth can be attributed to the increase in the consumption of such products across the medical sector. The charcoal capsules can be used for the treatment of oral overdose and food poisoning followed by oral ingestion. Charcoal tablets are also being used to treat diseases like diarrhea, indigestion, and flatulence. Such type of charcoal is also called activated carbon which is porous in nature having an amorphous structure and large surface area.

As this product is being manufactured with natural substances such as coconut shell, wood, peat, olive stones, sawdust, and fruit pits, the demand for such products is anticipated to grow in the upcoming years. Also, eco-friendly nature and ease of availability are expected to drive the market in the future. Moreover, the consumption of charcoal tablets helps to disrupt intestinal gases as well.

The activated charcoal has properties like absorption of viruses, bacteria, drugs, fungus, toxins, and chemicals from the water. Hence, it is also being used for the purification of water. In wastewater treatment plants, this charcoal is used for the purification process. Also, the cartridges of activated charcoal are being used for water purification across the units installed at home. Thus, the market for activated charcoal is expected to grow at a healthy rate over the forecast period.

Owing to properties like antibacterial, antiviral, antifungal, and detoxifying, such types of charcoal supplements find their application across the pharmaceutical sector. But some side effects such as a blockage in the intestinal tract, constipation, and dehydration act as a hindrance in the market growth for such supplements.

The activated charcoal supplements market across the U.S. is expected to witness a CAGR of 14.2% from 2019 to 2025. This growth can be attributed to the increase in disposable income among the working population across developing countries like India and China. Further, the growing preference towards healthy living among the millennials, changing lifestyles of the consumers, and the rising demand for detoxifying products are expected to provide traction to the market growth. 

Product Insights

As per the classification based on the product type, the market can be classified as capsules and tablets. Both the segments are anticipated to grow at a significant rate during the forecasted period. The segment for capsules is expected to reach USD 6 billion by 2025. This growth is attributed to the long-lasting advantages of capsules over tablets.

These charcoal tablets also have other benefits, they provide relief to patients struggling with stomach and intestinal problems. There is a growing trend of consumers switching to activated charcoals from multivitamin pills. As these tablets can be used as detoxing agents, they are anticipated to hold a significant share across the global market. Thus, the market is expected to witness considerable growth in the upcoming years.

Application Channel Insights

The application segment for activated charcoal supplements can be classified as detoxification, elimination swelling, and antidiarrheal. They are used for the treatment of stomach pain caused by diarrhea, gases, or other issues related to the stomach. Moreover, their usage against drug overdose, accidental poisoning. Further, it provides relief to patients undergoing dialysis is driving the market.

The charcoal capsules are also used as anti-aging agents and for detoxification. It avoids several cellular changes occurring due to rising age. It also helps in the development of defense mechanisms by boosting the cognitive and adaptive functioning of organs like the liver, kidneys, and adrenals. It is also being used to reduce the swelling caused by injuries.

Regional Insights

The region of Central and South America held the largest share of 45% during, 2018. This growth is expected to continue over the forecasted period owing to the rising demand for activated charcoal across countries like Mexico and Brazil. This growth can be attributed to the rise in the cases of diarrheal diseases in infants and children having age between 1 to 23 years. A number of consumers are looking out for healthier and natural alternatives to conventional medicines, the demand for such tablets is expected to increase in the upcoming years.

Central and South America were followed by North America accounting for the second-largest share, in 2018. Rising awareness about the health benefits coupled with the detox nature is responsible for the growth of the market across this region. Europe is anticipated to have the fastest growth over the forecast period. 

Activated charcoal supplement Market Share Insights

The key players in the activated charcoal supplement market are engaged in product development and product portfolio expansion. They are searching for new applications for their products like black ice cream which contains activated charcoal supplements. For example, an ice-cream shop in Toronto named iHalo Cruch is serving coconut-flavored activated charcoal ice cream.

Few manufacturers are also infusing activated charcoal supplements while designing various products. For instance, manufacturers like WOW and Healthvit are selling face wash with activated charcoal which helps in the purification of the skin. The trend for use of such supplements in toothpaste is also becoming popular among manufacturers. The key players in this market are Country Life, Jacobi Carbons, Schizandu Organics, Amy Myers, and Holland & Barrett.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels, and provides an analysis of the latest industry trends in each of the sub-segments from, 2015 to 2025. For the purpose of this study, Million Insights has segmented the global activated charcoal supplements market report based on product type, application, and region:

• Product Outlook (Revenue, USD Billion, 2015 - 2025)
    • Capsules
    • Tablets

• Application Channel Outlook (Revenue, USD Billion, 2015 - 2025)
    • Antidiarrheal
    • Detoxification
    • Eliminate Swelling

• Regional Outlook (Revenue, USD Billion, 2015 - 2025)
    • North America
        • U.S.
    • Europe
        • U.K.
    • The Asia Pacific
        • Japan
    • Central & South America
        • Brazil
    • Middle East & Africa
        • South Africa