The Global Detox Products Market size was estimated to be US$ 49.5 billion in 2019. Detox products are widely used for purifying and cleaning blood and internal organs from harmful substances. The number of drug addict adolescents has increased significantly during past decade owing to easy availability and changing lifestyle across the globe.
According to the United Nations Office on Drugs and Crime (UNODC), around 3.5% to 7.0% of global population is under high influence of drugs. Due to prevalence of chronic diseases, the number of people addicted with opioids has also increased significantly.
The government authorities across countries with major drug addicts such as the United States, Italy, and France are working in collaboration with the World Health Organization to spread awareness regarding drug abuse and in establishment of rehabilitation center. This has fuelled the demand for detox products used during the rehabilitation process. Another factor fuelling the demand for detox products is rising health awareness coupled with availability of herbal detox products across major parts of the world. This has fuelled the demand for detox products globally and is expected to drive the global detox products market during the forecast period.
North America contributed a dominating share to the global detox products market in 2019, followed by Europe. The number of opioid and drug addicts is significantly high in the United States. The United States health authorities and World Health Organization have worked in collaboration to spread awareness regarding and establishment of rehabilitation centers across the countries. This has fuelled the demand for detox products across the country.
Europe contributed a prominent share to the global detox products market owing to rising health awareness and availability of herbal detox products. Asia Pacific is expected to grow significantly during the forecast period owing to increasing number of drug addicts and increasing investment on development of rehabilitation centers across the region.
Detox Products Market Share Analysis, by Geography (2022)
The report titled “Detox Products Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global detox products market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global detox products market is segmented on the basis of product type, and geography. Based on product type, the global detox products market is segmented into pharmaceutical detox products and herbal detox products,
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment, and would identify the segment of the company focusing on detox products. Further, market share of prominent companies in the global detox products market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the detox products companies.
The global detox products market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution. Product portfolio would focus on all the products under the detox products business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global detox products market.
Major players active in the global detox products market include Biodelivery Sciences International Inc., Body Ecology, Inc., Daiichi Pharmaceutical Co., Detoxify LLC., Himalaya Global Holdings Ltd., Mallinckrodt PLC., Mylan N.V., Novartis AG., Pfizer Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., The Bioforce Group, Valeant Pharmaceuticals International, Inc. and West-Ward Pharmaceuticals Corp.
Segmentation:
By Product Type:
By Region
The detox products market was valued at US$ 49.5 billion in 2019.
The demand for detox products is rising health awareness coupled with availability of herbal detox products across major parts of the world.
Europe contributed a prominent share to the global detox products market owing to rising health awareness and availability of herbal detox products.
Based on product type, the detox products market is segmented into pharmaceutical detox products & herbal detox products, and cosmetic detox products.
Some key players operating in the detox products market include Biodelivery Sciences International Inc., Body Ecology, Inc., Daiichi Pharmaceutical Co., Detoxify LLC., Himalaya Global Holdings Ltd., Mallinckrodt PLC., Mylan N.V., Novartis AG., Pfizer Inc., Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., The Bioforce Group, Valeant Pharmaceuticals International, Inc. and West-Ward Pharmaceuticals Corp.
Copyright © 2024 Same Page Management Consulting Pvt. Ltd. (insightSLICE) | All Rights Reserved