GVR Report cover Detox Product Market Size, Share & Trends Report

Detox Product Market Size, Share & Trends Analysis Report By Product (Pharmaceuticals, Herbal, Cosmetics), By Region, And Segment Forecasts, 2019 - 2025

  • Report ID: GVR-3-68038-230-3
  • Number of Pages: 80
  • Format: Electronic (PDF)

Industry Insights

The global detox product market size was valued to be USD 50.92 billion and is anticipated to expand at a CAGR of 4.6% over the forecast period. Increasing drug addiction among the young generation is one of the major factors expected to drive growth. Rising awareness regarding the adverse effects of alcohol and cigarette consumption is expected to drive the product demand from 2019 to 2025.

Detoxification helps improve body functions by eliminating harmful toxins from the body. Detoxification improves the functions of the immune system, digestion, and various organs. Owing to the increasing awareness regarding detoxification products and their potential health benefits, the demand for natural detox inducing food and beverages has increased across the world.

U.S. detox product market

Rising awareness of the health hazards of smoking is encouraging a number of people to quit smoking. Smokers are increasingly using detox products to quit smoking, which is expected to have a positive impact on market growth. Various government and non-government organizations are spreading awareness regarding the ill effects of drugs, alcohol, and cigarettes on the human body. Such initiatives have fueled the number of drug rehabilitation centers across the world. For instance, The Philippines Department of Health has introduced many activities and efforts to fights against drug problems in a different country. The government is setting up a rehabilitation center and is spreading awareness through various campaigns and education programs. Such initiatives are expected to fuel the demand for detox products during the forecast period.

Drug abuse and alcohol consumption are increasing in many parts of the world. According to the study conducted by the Substance Abuse and Mental Health Services Administration (SAMHSA) on the drug and health, in 2013, 9% of the U.S. population, aged 12, had used illicit drug in the past, which was 8% more than the one recorded in 2002.

Marijuana was the most consumed drug among the young population. The use of illicit drugs may lead to other chronic disorders such as heart attack and diabetes. As the number of people consuming illicit drugs is on the rise, the government of the U.S. is taking various preventive majors by constructing schools and training the teachers to identify symptoms of drug abuse among the students. Such initiatives are expected to positively influence the demand for detox products in the forthcoming years.

Product Insights

Rising awareness regarding the harmful effect of drugs, alcohol, and cigarettes, and various preventive major taken by the various governments to reduce drug consumption, is driving the number of people visiting clinics and rehabilitation centers. As a result, the demand for pharmaceutical products used for detoxification has witnessed substantial growth. In 2018, the pharmaceutical product segment held a market share of 44.18%. Moreover, the increasing launch of detox products and awareness about health and wellness has increased the demand for nicotine gums in various countries, which is expected to fuel the demand for detox medicines over the forecast period.

The herbal product segment is expected to expand at a CAGR of 5.1% over the forecast period. Herbal products such as green tea and dietary supplements are increasingly being used for body detoxification. Due to increasing awareness regarding the health benefits of herbal products, the demand for natural products is on the rise across the developed countries. In addition, many manufacturers have increased their R&D spending to expand their product offering which is expected to drive the number of herbal products available for the treatment of drug abuse.

Regional Insights

North America held the leading market share of 30.5% in 2018. The number of people suffering from drug addiction in America is increasing. According to the National Survey on Drug Use and Health (NSDUH), 19.7 million American adults, aged 12 and older, battled a substance use disorder in 2017. The government is taking various preventive majors to control the number of drug abuse cases in the region. There are around 14,500 specialized substance abuse treatment facilities in the U.S., providing a variety of care options, including counseling, behavioral therapy, case management, medication, and other forms of care, which is expected to fuel the regional product demand.

Global detox products market

Europe was the second-largest region for detox products in 2018. The number of the smoker, especially in U.K. has declined since 2016. Increasing visibility of e-cigarette and nicotine patches and gum helped more than 5 lakh smokers to quit smoking.

Asia Pacific is anticipated to register the fastest CAGR of 6.5% over the forecast period. Adoption of treatments related to cannabis use is on the rise in the region. The treatment helps remove toxins from the body using detoxification products. The increasing presence of nicotine replacement therapy products such as chewing gums in various countries, fueling the demand for detox products over the forecast period. Pharmaceutical companies such as Johnson & Johnson, German Remedies, Cipla, and ITC are offering various nicotine replacement therapy products in India and other countries which are expected to have a positive impact on regional growth.

Detox Product Market Share Insights

Some of the key players are Pfizer Inc.; Novartis AG.; West-Ward Pharmaceuticals Corp.; Mallinckrodt PLC.; Biodelivery Sciences International Inc.; Mylan N.V.; Body Ecology, Inc.; Detoxify LLC.; Himalaya Global Holdings Ltd.; The Bioforce Group; and others. The market is moving towards fragmentation. Prominent vendors are based in the U.S. and Europe. The manufacturers focus on expanding sales by broadening their product offerings or setting up new production plants in the global market. Increasing competition is expected to fuel the demand for detox medicines and herbal products over the forecast period.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2025

Market representation

Revenue in USD Billion & CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

Country Scope

U.S., Canada, Germany, China, India, Brazil

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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, Grand View Research has segmented the global detox product market report on the basis of product and region:

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

    • Pharmaceuticals

    • Herbal

    • Cosmetics

  • Regional Outlook (Revenue, USD Billion, 2015 - 2025)

    • North America

      • The U.S.

      • Canada

    • Europe

      • Germany

    • Asia Pacific

      • China

      • India

    • Central & South America

      • Brazil

    • Middle East & Africa

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