PUBLISHER: QYResearch | PRODUCT CODE: 1241270
PUBLISHER: QYResearch | PRODUCT CODE: 1241270
The global paracetamol market is valued at USD 1,325.75 million in 2022 and is expected to reach USD 1,371.42 million by the end of 2029, growing at a CAGR of 2.53% between 2023 and 2029. the actual sales is about 168363 tons in 2022. Due the COVID-19 impact, paracetamol is highly demand all around the world, and estimate growing more than 10% compare to past few years.
The paracetamol market is relative concentrated market; key players include Mallinckrodt, Anqiu Lu'an, Granules India, Farmson, Hebei Jiheng, Zhejiang Kangle, Sri Krishna Pharma, Anhui BBCA Likang, Seqens, Atabay and Anhui Fubore; the revenue of top ten manufacturers accounts about 88.22% of the total revenue in 2022.
The consequences of the Covid issue on global medicine supply chains have rekindled discussions about international trade and a potential shortage of medications and generics, including Paracetamol in Europe. Inflation that cannot be controlled will continue to be a major worry for pharmaceutical businesses globally in 2023. While the severity of the effects of underlying inflation is anticipated to decrease gradually over the course of the year, there are indications that inflation pressure will be more persistent than originally anticipated. This could lead to pharmaceutical companies that make Paracetamol having to contend for longer than current baseline projections with semi-permanently increased input prices and other interconnected issues.
This report aims to provide a comprehensive presentation of the global market for Paracetamol, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Paracetamol.
The Paracetamol market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2021 as the base year, with history and forecast data for the period from 2017 to 2028. This report segments the global Paracetamol market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Paracetamol manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.