PUBLISHER: Value Market Research | PRODUCT CODE: 1578239
PUBLISHER: Value Market Research | PRODUCT CODE: 1578239
The global demand for Acetaminophen Market is presumed to reach the market size of nearly USD 17.62 Billion by 2032 from USD 10.93 Billion in 2023 with a CAGR of 5.45% under the study period 2024-2032.
Acetaminophen is the most commonly prescribed analgesic and antipyretic for pain relief and fever management. It is also known as Paracetamol. Acetaminophen (Paracetamol) is a pain reliever produced from coal tar. It appears to be safe to use both during pregnancy and when breastfeeding. The drug is a mild analgesic used to treat headaches, arthritis, and other minor aches and pains. Acetaminophen is classified as a non-steroidal anti-inflammatory drug (NSAID) because it is commonly used to alleviate inflammatory pain. Acetaminophen is available in pills, liquid solutions, and capsules, among other forms. The medicine is safe for all age groups, including children and infants, and the typical adult dose is 500 to 1000 mg. Acetaminophen is safe in average amounts, although it might cause nausea, vomiting, and sweating if used in excess. Severe skin rashes are uncommon, although excessive doses of the medication can cause liver failure. Acetaminophen contains the active metabolites phenacetin and acetanilide, but unlike phenacetin and acetanilide, it is not carcinogenic at therapeutic doses.
The acetaminophen market is growing due to the increasing number of chronic diseases and conditions requiring daily pain relief. Increasing consumer health awareness, rising acetaminophen applications in the dye and chemical industries, and increasing doctor recommendations of acetaminophen for mild pain and fever are all driving the acetaminophen (Paracetamol) market growth. Additionally, rising technological advancements and modernization in paracetamol production, rising research and development activities in the healthcare sector, and rising emerging markets with an increasing geriatric population base will create new opportunities for acetaminophen (Paracetamol) market. However, the rising availability of many generics, intense competition, and the growing popularity of sustainable chemistry are significant factors that will obstruct market growth and further challenge the development of the acetaminophen (Paracetamol) market.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Acetaminophen. The growth and trends of Acetaminophen industry provide a holistic approach to this study.
This section of the Acetaminophen market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Global Acetaminophen Market Report market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Acetaminophen market include Sanofi, Janssen Pharmaceuticals, Pfizer Inc., Bayer AG, Glaxo Smithkline Pharmaceuticals Ltd, Granules India Limited, Alkem Laboratories Ltd, Abbott, Lupin Ltd, Teva Pharmaceuticals USA Inc., BRISTOL-MYERS SQUIBB, B. BRAUN MELSUNGEN, Novartis AG, 10L Chemicals And Pharmaceuticals, Sun Pharmaceutical Industries Limited, Aurobindo Pharma, Hyloris Pharmaceuticals SA, Dr. Reddy'S Laboratories Ltd., Mallinckrodt (Mallinckrodt Pharmaceuticals). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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