Press release
Global Alcohol Addiction Market to Witness Rapid Growth in Demand During 2017 - 2025
Alcohol consumption has been a common practice in many countries across the world. Easy availability, less government restriction and authorized manufacturing have however led to an increase in alcohol addiction. According to World Health Organization, more than 3 million deaths are recorded due to over consumption of alcohol every year. Alcohol addiction is also increasing steadily among women and teenagers because of the changing life style and low regulation on sale of alcohol to minors. Various research studies have found that more than 50 disorders are linked to alcohol over consumptionTo remain 'ahead' of your competitors, request for a samples@https://www.persistencemarketresearch.com/samples/19756
Some of these include cancer, liver cirrhosis, dementia, depression, and immune suppression. Liver damage and immune suppression remain the most common health hazards of alcohol addiction. Alcohol addiction has been a burning issue in many countries pressurising governments to take serious measures to curb the crises. Increased subsidies, import duties, high pricing, imposing age limit are some of the measures adopted by governments to limit alcohol abuse.
Research activities aiming to control alcohol addiction have shown promising results in the recent past. Pharmaceutical companies have launched drugs to control alcohol craving, thus reducing alcohol consumption. Disulfiram is one of the oldest drugs available in the market which inhibits the enzyme acetaldehyde dehydrogenase, thus causing unpleasant reaction post alcohol consumption; generic form of this drug is available in the market. Lundbeck received approval for Selincro (nalmefene) to market in Europe in year 2013. Revia (naltrexone) by Bristol-Myers Squibb is another U.S. FDA approved drug in the market. Off label anti depressants and also prescribe to patients to help reduce alcohol dependence.
Europe leads the alcohol addiction market owing to higher incidences of alcohol abuse, especially in United Kingdom. Liver cirrhosis accounts for around 2% of all the deaths in European countries according to World Health Organization (WHO); while around 1.5% of the all deaths are due to alcohol consumption in England and Wales according to statistics published in Office National Statistics, U.K. Alcohol consumption also remains the biggest cause of liver disorders worldwide. In the U.S. more than 30,000 deaths are caused due to liver cirrhosis, majority of which are a cause of alcohol consumption. Asia Pacific has the highest population density owing to India and China which are the most populated countries in the world.
Download TOC, list of figures & tables@https://www.persistencemarketresearch.com/toc/19756
Alcohol abuse in these countries is increasing rapidly because of changing life style, increasing disposable income and higher young population in India. Alcohol is also a predisposing factor for cancer of mouth, larynx, liver, and colon. These factors will be the main drivers for the global alcohol addiction market.
Market for alcohol de-addiction however will be restricted due to weak research pipeline. Without consistent research, no new products will be added to the market leading to senescence. Alcohol de-addiction has a large conventional market in the form of various unani medicine and control techniques.
Low resistance to overcome addiction is the root cause of alcohol addiction worldwide, this leads to inconsistency in treatment. Reduced awareness of the available drug therapy for alcohol de-addiction, especially in developing and under developed countries is also a main cause of restricted market growth.
Availability of cost effective substitutes such as psycho therapy, counseling and traditional cold turkey de-addiction methods also affect the marked growth. In India, alcohol addicts mostly prefer cultural de-addiction methods such as ayurveda and homeopathy. Thus availability of various substitutes for alcohol de-addiction is also a major cause restraining the market growth. Key players in the market include Psychotropics India, Bristol-Myers Squibb and Lundbeck, Inc.
For in-depth competitive analysis, buy now@https://www.persistencemarketresearch.com/checkout/19756
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Alcohol Addiction Market to Witness Rapid Growth in Demand During 2017 - 2025 here
News-ID: 2715928 • Views: …
More Releases from Persistence Market Research

Ultrasonic Level Sensors Market Size to Reach New Heights by 2032, Driven by Ris …
Introduction
The Ultrasonic Level Sensors Market has gained significant traction in recent years due to their increasing adoption in various industries, including oil & gas, water and wastewater treatment, pharmaceuticals, and food & beverage. These sensors utilize ultrasonic waves to measure the level of fluids and solids in tanks, reservoirs, and silos, providing accurate and reliable data for process automation and control.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐏𝐃𝐅- https://www.persistencemarketresearch.com/samples/20824
(Use Corporate Mail Id for…

Phenol Market to Reach $41.4B by 2032 with 4.9% CAGR | Persistence Market Resear …
The global phenol market is expected to grow from US$ 28.1 billion in 2024 to US$ 41.4 billion by 2032, registering a CAGR of 4.9%. The market's growth is driven by the increasing use of phenol in pharmaceuticals, chemical manufacturing, and consumer products such as mouthwash, disinfectants, and detergents. Additionally, rapid urbanization and construction activities have boosted demand for phenolic resins used in plywood and flooring panels. Phenol also finds…

Ammonia Market to Reach $193.7B by 2032 with 4.7% CAGR | Persistence Market Rese …
The global ammonia market is projected to reach US$ 122.4 Bn in 2022, growing at a CAGR of 4.7% from 2022 to 2032, with sales expected to hit US$ 193.7 Bn by 2032. The South Asia and Pacific region will remain a key market due to high consumption in India and ASEAN countries. Ammonia demand is driven by the agriculture sector, especially for fertilizers, and industrial applications like explosives manufacturing.…

Silica Gel Market to Reach $889M by 2033 with 3.6% CAGR | Persistence Market Res …
The global silica gel market is projected to grow at a CAGR of 3.6% from 2023 to 2033, reaching US$ 889.0 million by 2033. Growth is driven by rising demand in pharmaceuticals, food packaging, and chromatography applications. The paints and coatings industry is also fueling market expansion due to silica gel's moisture-absorbing properties. However, stringent environmental regulations on blue silica gel containing cobalt chloride and the availability of cheaper alternatives…
More Releases for Alcohol
Impact of COVID-19 on Alcohol Disinfectants Market by Products (Propyl Alcohol, …
The global Alcohol Disinfectants market is one of the fastest-growing markets in the world. The following report contains all the statistics and facts & figures related to the global Alcohol Disinfectants market. Their business strategies, sales data, projections, and a host of other important data have been covered for an in-depth outlook. The report also has PEST analysis, SWOT analysis, risk analysis, and regional analysis. 3M Company, BODE Chemie Gmbh,…
PRESS- Premium Alcohol Seltzer
MEDIA RELEASE CONTACT: FRANK SINGLETON
frank@franksingletoncommunications.com
678.316.4237
PRESS launches premium alcohol seltzer in key US markets
Regional distribution includes Chicago, Boston, Atlanta, New York, Salt Lake
Milwaukee, WI—Major metropolitan locations across the country are part of a multi- region, multi-city national launch of new light-alcohol beverage brand PRESS, a fruit and spice infused alcohol seltzer being distributed in cities known as trend-forward cuisine and beverage marketplaces. Locations were selected based on market demographics including active…
Alcohol Testing Market - Increase In Alcohol Consumption Worldwide
The global market for alcohol testing has expanded at a healthy clip and going forward is predicted to hold onto the momentum. This is because, alcohol testers that are used to find out if someone is under the effect of alcohol by scrutinizing samples of urine, hair, saliva, blood, breath, or sweat, will see widespread use on account of growing alcohol consumption worldwide.
Get a Custom Report @ https://www.transparencymarketresearch.com/alcohol-testing-market.html
The different types…
Global Alcohol Ingredients Market
The Global Alcohol Ingredients Market was worth USD 1.38 billion in 2016 and expected to be growing at a CAGR of 9.9%, to reach USD 2.21 billion by 2021. Alcoholic beverages are produced by the fermentation of fruit, vegetables or cereals. Alcohol ingredients are specialty ingredients used in a variety of food & beverage applications, especially in the production of alcoholic beverages.
Alcohol ingredients such as yeast, flavours & salts, enzymes,…
Alcohol-Based Disinfectants (Methyl Alcohol, Ethyl Alcohol, Isopropyl Alcohol an …
The report “Alcohol-Based Disinfectants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020” provides valuable predictions for the alcohol-based disinfectants market. According to the report, the market will expand at a 9.0% CAGR during 2014 to 2020.The global alcohol-based disinfectants market was worth US$1.19 billion in 2013 and is estimated to reach a total value of US$2.18 billion by end of 2020. In terms of…
India Alcohol Market to Produce 14 Bn Ltrs. of Alcohol by 2026-end
The number of alcohol consumers in India continues to rise on the account of rising urban population. Consuming alcoholic beverages has become a customary tradition for a majority of people residing in India’s urban cities. Changing lifestyles and increasing incomes are compelling them to consume alcohol on a frequent basis. Future Market Insights recently published its study on India’s alcohol market, which estimated that more than INR 2.5 trillion worth…