Laxative Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030

The global worth of the laxative market was USD 6.4 billion in 2022, and a CAGR of 6.3% is expected during the forecast period. Laxatives are used to treat constipation. They are often used with changing lifestyles. Sometimes increasing the amount of fiber in our diet, drinking plenty of food, and doing regular exercise don’t help us get relief from constipation. Laxatives are found in supermarkets and in pharmacy stores. The rising geriatric population and the rising prevalence of eating disorders are driving the growth of the market. Laxatives are useful for the elderly people, due to change in their bowel functions. Gastrointestinal problems are common in old, and kids. Lifestyle imbalance, improper diet pattern, careless approach of people towards health is driving the growth of laxative market significantly.

Impact of Covid-19

The corona virus outbreak did have a minimal impact on the laxatives market. Changes in the diet pattern of humans while staying at home or for the patients who were in quarantine were a big positive for the sales of the constipation laxatives. Initially, people did store all the essential goods at home, and due to the change in eating patterns, different types of impacts were observed during the pandemic and post-pandemic too. The pandemic has impacted overall the utilization of laxatives. People during the covid became less immune, and more disease prone, so they started to suffer from IBS, constipation, and other diseases. So the use of laxative became more popular among the people.

Growth Drivers

Increasing awareness about digestive health and related issues encourages people to seek laxative relief from constipation or irregular bowel movements. With an aging population, the prevalence of gastrointestinal issues tends to rise, leading to a higher demand for laxatives among older demographics. Sedentary lifestyles, poor dietary habits, stress, and irregular eating patterns contribute to digestive problems, boosting the need for laxatives. Sustained investment towards research, and development for drug development coupled with modernization of healthcare infrastructure particularly in developing economies are the major factors boosting the growth of global laxatives market. Hectic life schedule of people is the main reason behind eating junk food, and ready-to eat meals, all such type of foods lead towards constipation, and act as a growth driver for the laxative market.

The ease of purchasing laxatives online has expanded market accessibility, allowing consumers to procure products conveniently. Continuous advancements in laxative formulations, including natural, herbal, and gentler options on the market, cater to diverse consumer preferences and drive market growth. Certain medical conditions, such as Irritable Bowel Syndrome (IBS), require long-term management, contributing to the sustained demand for laxatives. Higher healthcare spending globally allows for greater access to medications, including laxatives, which contributes to market growth.

Segmentation

Type

·         Osmotic Laxatives

·         Stimulant Laxatives

·         Bulk Laxatives

·         Lubricant and Emollient Laxatives

Flavors

·         With Flavors

·         Without Flavors

·         Fruit

·         Herbal

·         Others

Source

·         Natural

·         Psyllium

·         Rhubarb

·         Senna

·         Slippery elm

·         Synthetic Phenolpthelain

·         Bisacodyl

·         Picosulfate

·         Oxyphenisatin

·         Others

Distribution Channels

·         Direct Sales

·         Holesales

·         Others

Route of Administration

·         Oral

·         Rectal

Dosage-Form

·         Tablet

·         Capsules

·         Powder

·         Liquids

·         Gels

·         Suppositories

·         Others

Regional Outlook

·         Asia Pacific

·         Europe

·         North America

·         Middle East and Africa

·         South America

Laxatives Market Type Segmentation

On the basis of type, segmentation the laxative market is segmented into Osmotic laxatives ,Stimulant Laxatives, Bulk Laxatives, and Lubricant and Emollient Laxatives. Stimulant laxatives promote bowel movement by directly stimulating the intestinal lining, encouraging muscle contraction.  Osmotic laxatives draw water into the intestine to soften stools, and increase bowel movement. Bulk forming laxatives work by increasing the bulk, and water content of the stool, making it easier to pass. Stool softener allow easy passage of stools by adding moisture to it. Lubricant laxatives coat the stool, making it slippery, and easier to pass through colon.

Laxatives Market Source Type Segmentation

On the basis of source, the laxatives market is segmented into Natural, Psyllium, Rhubarb, Senna, Slippery elm, Synthetic Phenolpthelain, Bisacodyl ,Picosulfate, Oxyphenisatin, and Others. The source of laxative is Basil seed drink, Apples, Seeds, Fruits, Peas, Figs, Kefir, Oats Bran, Leafy greens, Beans, Peers, Rhubarb, Aloe vera, Sweet potatoes, Water, Fiber, and Flex seeds. Berrys, Legumes, flexseeds, and kefir are rich in fiber, and they do act as a laxative. Olive oil, oat bran, and prunes, kiwi fruit, and magnesium citrate are natural laxatives.

Regional Outlook

On the basis of regions, the laxatives market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America, due to the presence of key market players, rising expenditure in healthcare and infrastructure, an increasing number of aging people, and a hectic schedule of people, is driving the growth of the market in the region. Major key companies like Pfizer are contributing significantly to the growth of the market. Countries like the United States, Canada, and Mexico are full of opportunities, and ongoing research and development in the region is driving the growth of the market. Europe and Asia Pacific are expected to grow significantly during the forecast period. Big markets in these regions, like Germany, Spain, Italy, Japan, South Korea, France, and China, along with India, are contributing significantly during the forecast period.

Increasing urbanization and industrialization in countries like China and India is expected to grow the market significantly in the region. North America and Europe combined are expected to account for 3/5^th of the total laxative market during the forecast period. The increasing prevalence of constipation and gastrointestinal infections and increased support from the government to develop adequate healthcare infrastructure are driving the growth of the market.

Key Players

·         Novartis

·         Pfizer

·         Cipla

·         Merck

·         Johnson and Johnson services ltd.

·         Lupin

·         Dr. Reddy Laboratories

·         Astrazeneca

·         MicroLabs

·         Sanofi

·         Teva Pharmaceuticals Industries ltd.

·         Apotex Inc.

·         Ely Lilly And Co.

·         Amneal Pharmaceuticals

·         Bausch Health  Companies INC.

·         Hikma Pharmaceuticals

·         Others

Global Laxative Market research report presents a strategic analysis of the global Laxative Market and a forecast for its development in the medium term, taking into account the impact of COVID-19 on it.

This report delivers market size, regional and country market data, segmentation growth, market share, competitive landscape, company’s Laxative revenue analysis, strategies of domestic and global market players, opportunities analysis, strategic market growth analysis, and technological innovations. It analyses historical and current market data to accurately gauge its future growth potential. This market report provides in-depth analysis and insight of market drivers, challenges, trends & opportunities. At the same time, comprehensive coverage of major vendors (recent product development & industrial activities, company overview, insights on business strategy & financial performance, company SWOT analysis) is provided to give competitive overview. This study presents most detailed (COVID-19 updated) and in-depth analysis about the global Laxative market, covering all global regions and countries. The report provides intricate dynamics for each of the countries covered, offering unmatched value, accuracy and expert insights.

Report Purpose

The purpose of the report is to portray the state of the global Laxative Market and to present real and expert-verified data and insights about the market values, volumes, dynamics, segmentation and prices. It also offers forecast for the market development in the short and medium term and the impact COVID-19 has and will have on it. Further, it covers in-depth analysis of the key market players, industry trends and insights, growth drivers and challenges and all other factors, influencing the growth of market.

Scope of the Report

The report on the global Laxative Market presents:

·         Historical Data: Market data including volume, growth rate, value, and dynamics; Market segmentation (by product, by region and by country; etc.) for the last five years;

·         Strategic Insights for companies looking to launch new products to diversify their business, exploring leading countries to establish supply chain, and top countries to increase company export and go global

·         Comprehensive Regional Market Data: volume, growth rate, value, market share and dynamics of for the last five years (broken down by region);

·         Market Dynamics: Analysis of the factors impacting the market including demand drivers, industry trends and challenges and the short and the medium-term impact of COVID-19 presently and in near future;

·         Analysis and forecast for the global economy and demographics;

·         Supply chain and value chain analysis, risk analysis of supply side and demand side;

·         Market Forecast for next ten years (market share, year-on-year growth, volume, value and segmentation by region);

·         Company profiling of key market players covering company’s Laxative revenue, sales and market share;

·         Comprehensive coverage of competitive landscape offering market positioning and snapshot of key business strategies;

·         Porter’s Five Forces analysis;

How Can You Benefit from This Report?

In this report you can:

·         Track and identify key market trends and insights and key drivers behind recent market changes and see the impact COVID-19 has and will have on the market in both the short and the medium term;

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·         Own data spreadsheet for comparison at global, regional and for individual country, covered in the report;

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What Kind of Decisions You Can Make Based on the Data in This Report?

This report detailed and all-inclusive data on Laxative Market, providing valuable support to make vital decisions regarding:

·         Strategic planning;

·         Industry analysis;

·         Target Market/Marketing and sales;

·         Regional and country assessment and opportunity analysis;

·         Market entry into new product group or country;

·         Pricing of existing and new products;

·         New product development and Innovation in existing products;

·         Supply chain management;

·         Market evaluation;

·         Mergers, Expansions, Joint Ventures and acquisitions.

Who Is This Report for?

This report is intended to give broad overview of market to people who already are working on this market:

·         C-suite Level executives;

·         Directors;

·         Industry strategists;

·         Marketing professionals;

·         Business development professionals;

·         Product developers;

·         Product marketers and strategists;

·         Product managers;

·         Project managers;

·         Suppliers;

·         Traders;

This report also caters to people who are not involved in the market, representatives of investors, consultants, advisors and financial institutions:

·         Management consultants;

·         Investment managers;

·         Financial professionals;

·         M&A managers.

Regional Coverage

The report on the global Laxative Market breaks down the world into the following regions & countries and covers every single one of them:

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