Press release
Constipation Laxative Market: By Top Companies, Business Growth, Key Applications, Forecast To 2033
The new report published by The Business Research Company, titled ""Constipation Laxative Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the constipation laxative market size has grown strongly in recent years. It will grow from $6.60 billion in 2023 to $7.00 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The constipation laxative market size is expected to see strong growth in the next few years. It will grow to $8.89 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.
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Increasing Prevalence Of Constipation Is The Driving Factors Behind the Growth of the Constipation Laxative Market
The increasing prevalence of constipation is expected to propel the growth of the constipation laxative market going forward. Constipation is a symptom characterized by infrequent bowel movements, typically fewer than three times a week, and difficulty passing hard, dry stools. The prevalence of constipation has been rising due to various factors, including changes in dietary habits, sedentary lifestyles, inadequate fluid intake, and certain medical conditions or medications. Constipation laxatives are used to alleviate constipation by stimulating bowel movements or softening stools. They help restore regularity and ease discomfort when dietary and lifestyle changes are insufficient. For instance, in January 2024, according to the survey of 1,139 participants conducted in Saudi Arabia on individuals aged 18 and above by Cureus, a US-based peer-reviewed journal, a total of 811 participants, comprising 71.2% of the total, reported either current or past experiences with constipation. Therefore, the increasing prevalence of constipation is driving the growth of the constipation laxative market.
Innovative Breakthrough For Transforming Constipation Care
Major companies operating in the constipation laxative market are focusing on innovating new products, such as ayurvedic liquid laxatives, to address the needs of consumers seeking an effective and palatable solution for constipation. An ayurvedic liquid laxative is an herbal-based solution designed to alleviate constipation by promoting bowel movements, offering a natural alternative within the spectrum of constipation laxatives. For instance, in December 2023, Lupin Life, an India-based pharmaceutical company, launched Softovac Liquifibre, a 100% Ayurvedic liquid laxative. This innovative product combines Isabgol fiber with natural actives including Sonamukhi, Harad, Mulethi, Saunf, Amaltas, and Gulab Dal. Softovac Liquifibre offers a gentle and non-habit-forming solution for constipation. It is enhanced with advanced technologies for optimal particle size and mango flavor, and it caters to consumers' preferences for palatable and diabetic-friendly options.
The constipation laxative market covered in this report is segmented -
1) By Drug Type: Bulk-Forming Laxatives, Stimulant Laxatives, Osmotic Laxative, Other Drugs
2) By Route Of Administration: Oral, Rectal
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, Drug Stores
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Major companies operating in the constipation laxative market are Procter & Gamble Corporation, Johnson & Johnson Services Inc., Merck & Co. Inc., Bayer AG, Sanofi S.A, AstraZeneca PLC, Abott Laboratories, GlaxoSmithKline Plc, Takeda Pharmaceutical Company Limited, Boehringer Ingelheim International GmBH, Reckitt Benckiser Group plc, Fresenius Kabi AG, Daiichi Sankya Company Limited, Eisai Co. Ltd, Sun Pharmaceutical Ltd, Purdue Pharma LP, Shionogi & Co. Ltd, Dr. Reddy's Laboratories Ltd., Cipla Limited, Mallinckrodt Pharmaceuticals, Ironwood Pharmaceuticals, Beutlich Pharmaceuticals LLC
Contents of the report:
1. Executive Summary
2. Constipation Laxative Market Report Structure
3. Constipation Laxative Market Trends And Strategies
4. Constipation Laxative Market - Macro Economic Scenario
5. Constipation Laxative Market Size And Growth
…..
27. Constipation Laxative Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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