Paracetamol Market to See Huge Demand by 2030: Mallinckrodt, Anqiu Lu’an, Parchem Fine & Specialty Chemicals
According to HTF Market Intelligence, the Global Paracetamol market to witness a CAGR of 3.3% during forecast period of 2023-2028. The market is segmented by Application (Headache and Fever, Cold and Cough, Muscle Cramps) by Type (Tablets & Capsules, Liquid) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
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Paracetamol is one of the most popular and normally used analgesic and antipyretic drugs around the world available without a prescription. People who are suffering with bronchial asthma, peptic ulcer disease, hemophilia, salicylate-sensitized people and children under 12 years of age and to pregnant or breastfeeding women should not use non-steroidal drug. Paracetamol is recommended as a first-line treatment of pain connected with osteoarthritis. The mechanism of action is complex and consist of the effects of both the peripheral and central antinociception processes and iredoxi mechanism.
Paracetamol is well accepted drug also having some side effects from the gastrointestinal tract, despite that every year the market of paracetamol is steadily increasing number of registered cases of paracetamol-induced liver intoxication all over the world.
Paracetamol Market – Key Segment Analysis
The market share growth by the Tablets & Capsules segment will be significant during the forecast period. The segment is driven by the Increasing awareness of pain management solutions, Improvements in the downstream industries related pharmaceutical industry, Improvement in production techniques
Paracetamol Market – Competition Analysis
The global Paracetamol market is seeing several joint ventures to intensify the capability of manufacturers and/or companies to establish geographic footprints to new territory. The vendors are accelerating M&A strategies to expand their geographical reach, which is shaping the market toward new growth cycle. The list of players that are profiled in the study are Mallinckrodt (United Kingdom), Anqiu Lu’an (China), Granules India Limited (India), Zhejiang Kangle (China), Farmson (India), Haihang Industry Co. Ltd. (China), Hebei Jiheng (China), Novacyl (France), Anhui BBCA Likang (China), Huzhou Konch Pharmaceutical Co., Ltd. (China), Changshu Huagang (China), Anhui Topsun (China), Parchem Fine & Specialty Chemicals (United States)
Paracetamol Market – Geographical Outlook
North America will provide maximum growth opportunities in Paracetamol market. According to our research, the region will account for 34% of the global market growth during the forecast period. The market in North America is driven by Increasing awareness of pain management solutions, Improvements in the downstream industries related pharmaceutical industry, Improvement in production techniques.
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What key data is demonstrated in this Paracetamol market report?
CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the Paracetamol market between 2023 and 2028
Precise estimation of the size of the Paracetamol market and its contribution to the parent market
Accurate predictions about upcoming trends and changes in consumer behaviour
Value in dollar term and growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa; further broken down by major country within region.
Thorough analysis of the market’s competitive landscape and detailed information about vendors
Comprehensive analysis of factors that will challenge the growth of Paracetamol market players
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Some Extracts from Table of Content
– Overview of Paracetamol Market
– Market dynamics
Growth Drivers, Market Trends, Opportunities and Challenges
– Five Forces Analysis
Bargaining power of buyers, bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry
– Paracetamol Size (USD & Sales Volume) Comparison by Type (2017-2028)
– Paracetamol Size (USD & Consumption) and Market Share Comparison by Application (2017-2028)
– Paracetamol Size (Value & Volume) Comparison by Region (2017-2028)
– Market Capacity, Production, Export-Import by Region (2017-2022E)
– Paracetamol Market Sales, Revenue and Growth Rate (2017-2028)
– Competitive Situation and Trends
– Market Positioning and Share Analysis (2020-2022E)
– Suppliers High-Performance Operational Base Distribution
– Analyse competitors, Profiles, Sales Area, Product Category
– Paracetamol Cost Analysis
– Marketing Strategy Analysis
– Research Conclusions
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