Introduction
Paracetamol, a marvelous remedy for pain and fever, is a testament to the pharmaceutical industry’s commitment for excellence. In this blog, we will delve into the complex manufacturing process of paracetamol and investigate the growing global market size for paracetamol.
Manufacturing Process
The paracetamol manufacturing process is a series of carefully planned steps, starting with the synthesis of p-aminophenol, which is essential. Precision and adherence to high quality standards guarantee the potency of the final product. Either tablet or liquid form, the paracetamol is formulated with excipients, binders and disintegrating agents to ensure efficacy and patient compliance. Quality control procedures are implemented throughout the production process to ensure the safety and effectiveness of the final product.
Global Market Size
The global demand for paracetamol has increased in recent years due to the increased use of over-the-counter medicines. As a multifunctional analgesic and antipyretic, it can address various health problems and contribute to the growth of the pharmaceutical market. The market is spread across countries driven by factors such as increasing awareness about its effectiveness, aging population, and increasing number of diseases requiring pain management. The Asia-Pacific region, led by countries such as China and India, is a major contributor, while Europe and North America leads the market, due to the presence strong pharmaceutical industries.
The global paracetamol market size was valued approximately USD 1.6 billion by 2022, and is expected to grow at a CAGR of 4.4% from 2023 to 2029, reaching peak value of USD 2.2 billion. (Courtesy: maximizemarketresearch.com)
Emerging Trends
Paracetamol market is dynamic and responsive to industry trends and developments. Continuous research and development aims to improve formulation, increasing bioavailability and explore new delivery methods. Sustainability is being emphasized, which is influencing manufacturers to adopt environmentally friendly production methods.
Global Market Size of Paracetamol FDF
As per the Chemxpert database, the global market size of Paracetamol is substantial. With 2279 suppliers of Paracetamol (Finished dosage forms) from 74 countries and 1616 buyers across 159 countries, this data covers approximately 80% of the total global market. (Courtesy: Chemxpert Database)
Latest News on Paracetamol
Chemxpert Database keeps you informed through selective sections dedicated to the latest news and trends in the pharmaceutical and lifesciences industries. Latest News on Paracetamol reported its benefits and is recommended it for fever management in COVID-19 patients. However, there have been concerning reports about the health consequences of abuse. In particular, the Indian government has banned 14 combination medicines, encompassing paracetamol, citing safety and efficacy concerns.
Top api pharma database company in India such that Chemxpert Database provides global customer and supplier information of paracetamol. This includes a number of international buyers, who have high purchasing power and high buying capacity (in USD). In addition, this database provides regulatory insights, business information including global market size, average prices, supplier and customer certifications, and more. The Chemxpert Web portal plays an important role in providing analyzed data on paracetamol. It offers general information about paracetamol, including information on patent expiry, exclusivity, etc.
Conclusion
In a nutshell, paracetamol is not just a drug, it is the proof of scientific and medical evolutions. Its complex manufacturing processes, current reports, and market size reflect its important role in global health. As paracetamol continues to evolve, it continues to provide relief and comfort to many people around the world.
