The latest market report published by Credence Research, Inc. “Global N-Acetylcysteine Market: Growth, Future Prospects, and Competitive Analysis, 2015 – 2027”. The global N-Acetylcysteine market generated revenue of around USD 1032.6 million in 2020 and is anticipated to grow at a CAGR of over 21.3% during the forecast period from 2021 to 2027 to reach around USD 2200 million in 2027.
Global N-acetylcysteine Market, 2020 – 2027 (USD Million)
Browse the full report at https://www.credenceresearch.com/report/n-acetylcysteine-market
N-Acetylcysteine is a byproduct obtained during the production of glutathione. N-acetylcysteine is the medication used for treating medical conditions like cystic fibrosis and asthma. After inhalation, it helps in thinning of mucus. It also helps in the reduction of inflammation. It is also useful for treating dry eye, acetaminophen poisoning, and flu among others.
Key Trends in Global N-Acetylcysteine Market
Increasing demand for N-Acetylcysteine from healthcare
When there is excess acetaminophen in the body, there is chance of accumulation of toxic NAPQI and it leads to reaction with hepatic enzymes. It can lead to damage of liver cells and eventually liver failure. N-acetylcysteine is very effective for the treatment of acetaminophen poisoning. N-acetylcysteine is very effective in controlling the inflammations. N-acetylcysteine has shown its efficacy in the treatment of respiratory diseases such as idiopathic pulmonary fibrosis and obstructive pulmonary disease among others. N-acetylcysteine blocks the expression of HIV in acute and chronic infection models. Moreover, it blocks the replication of HIV in the blood mononuclear cells in the periphery. It helps in maintaining thiol levels within cells when oxidative stress occurs. It also replenishes GSH. N-acetylcysteine is used for treating millions of HIV patients worldwide. There are many clinical studies that shows the positive impact of N-acetylcysteine on psychological disorders such as substance addiction, anxiety, attention deficit hyperactivity disorder, bipolar disorder, depression, obsessive compulsive disorder, schizophrenia, and impulse control disorders among others.
Impact of COVID 19 on Global N-Acetylcysteine Market
COVID 19 has caused a significant impact on the revenue generation of the N-Acetylcysteine market. Citing the COVID-19 pandemic governments around the world imposed stringent regulations regarding the movement of the people and goods, and the functioning of the industrial units and other workplaces. As healthcare institutions focused on the treatment of COVID-19 patients, treatment for many other medical conditions was delayed. Moreover, there was a decrease in the production of N-acetylcysteine due to lockdown restrictions. It resulted in a decrease in the demand for N-acetylcysteine and a decline of 20.2% in overall revenue generated by the global N-acetyl in 2020, when compared to that in 2019.However, the use of N-Acetylcysteine for treating COVID-19 patients with severe pulmonary ailments helped in slight recovery of the market.
Global N-Acetylcysteine Market by Product Type Insights
Spray, tablet and tracheal drip are the major product types of N-Acetylcysteine. Spray is ideal for lung related ailments. Tracheal drip is ideal for N-acetylcysteine Tracheal drips find more demand for the treatment of acetaminophen overdose, kidney and bladder ailments, and HIV ailments. Tablets are ideal for psychiatric ailments, inflammation, and flu among others.
Global N-Acetylcysteine Market by Application Insights
Medicine and nutritional supplements are the major application areas for N-acetylcysteine market. Medicine application accounted for the vast part of revenue generated in the global N-acetylcysteine market in 2020, with a share of 42.3%.
Global N-Acetylcysteine Market by Regional Insights
North America was the largest market for N-Acetylcysteine in 2020 and accounted for over 39.1% share in total revenue generation. Presence of major pharmaceutical research and development centers in the region allow early availability of the product variants. N-acetylcysteine is widely used for treating ailments related to lungs and HIV in the region. Given the severe pollution in major cities in Asia-Pacific, there is demand for N-acetylcysteine for the treatment of lung ailments. There are nearly 23.8 million HIV infected individuals in Africa. N-acetylcysteine is finding more demand in Africa for the treatment of HIV patients. In Europe, it is used for the treatment of inflammations and acetaminophen poisoning.
Global N-Acetylcysteine Market Competitive Landscape
Most prominent players in the global Horizontal Directional Drilling market include Cheng Yi Pharmaceutical Co Ltd, Donboo Amino Acid Co Ltd, Manus Aktteva Biopharma LLP, Moehs Group, Ningbo Zhenhai Haide Amino Acid, Nippon Rika Co Ltd, PharmaZell, Xinyi Hanling Biological Engineering Co Ltd, Wuxi Enovo Chemical Co Ltd, and Zambon Pharma among others. The report covers very detailed profiles of these key players.
Global N-Acetylcysteine Market, Company Distribution Network, 2020
Global N-Acetylcysteine Market by Product Type, 2015 – 2027
· Tracheal Drip
Global N-Acetylcysteine Market by Application, 2015 – 2027
· Nutritional Supplements
Global N-Acetylcysteine Market by Region, 2015 – 2027
· North America
· Asia Pacific
· Latin America
· Middle East and Africa
Global N-Acetylcysteine Market: Key Players
· Cheng Yi Pharmaceutical Co Ltd
· Donboo Amino Acid Co Ltd
· Manus Aktteva Biopharma LLP
· Moehs Group
· Ningbo Zhenhai Haide Amino Acid
· Nippon Rika Co Ltd
· Xinyi Hanling Biological Engineering Co Ltd
· Wuxi Enovo Chemical Co Ltd
. Zambon Pharma