Citicoline Market Size Grows Vivaciously by 2028 According to New Research Report
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Advancements in tablet manufacturing and intensifying research and development focused towards developing tablets with a combination of citicoline and other compounds to study their synergistic effects on various neurological diseases is a vital reason expected to uphold demand for tablets in the market.
Other sales channel such as hospital pharmacy, online channels, specialty stores, and hypermarket and conventional retail systems are also likely to see a rise in the demand for citicoline-based supplements and products. Growing consumer demand for citicoline-based drugs and supplements is prompting manufacturers in the citicoline market to introduce them in various forms such as powders and capsules.
While citicoline is beneficial for enhancing cognitive functioning and treating cerebral impairments, its use in the long-term can potentially have side-effects such as gastrointestinal problems, transient headaches, bradycardia, hypotension, tachycardia, insomnia, and fluctuations in blood pressures. The factor is likely to hamper citicoline market growth during the forecast period as companies continue to research the long-term impact of using citicoline on patients’ body.
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Research towards the development of drugs to effectively treat dementia, Parkinson’s disease, Alzheimer’s disease, and other neurological disorders is gaining strength with the healthcare industry widening the scope of substances that can be potentially used for countering the disorders. The availability of more feasible medicines can curtail the opportunities of citicoline market players in the treatment of neurological disorders.
In order to capitalize on the growing demand for citicoline in functional foods, Kyowa Hakko Bio Co., Ltd., a leading player in the citicoline market, launched two new citicoline powdered supplements and citicoline capsules in 2018. Intensifying clinical trials for citicoline’s potential use in the treatment of neurological diseases received a substantial boost after research suggested that using the compound with risperidone could effectively relieve primary negative symptoms of schizophrenia.
The pervasive trend of combining citicoline with other compounds to enhance its efficacy continues to drive the citicoline market growth with a study published in 2018 concluding that a combination of citicoline and docosahexaenoic acid exhibit synergistic activities which can substantially boost recovery after transient brain ischemia.
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Some of the leading players operating in the citicoline market include Alfa Aesar, Cepham, Inc., EZ Melts, HL-Pharma US, Double Wood LLC, Instas Pharmaceuticals Ltd., Jarrow Formulas, Inc., Kimia Biosciences, Rakshit Drugs Pvt., Ltd., Relentless Improvement LLC, Swanson, Wellona Pharma Private Limited, Healthy Origins, Biochemix Healthcare Pvt., Ltd., Merck KGaA, Grupo Ferrer Internacional, S.A., Piping Rock Health Products, LLC, and NuerAxon Pharma Inc.
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