Global Ipecac Market Overview:
Ipecac is a perennial and small tropical plant that is natural to the humid forests where large plantations have been established to commercialize the collection of ipecac root. Ipecac syrup is derived from the roots and rhizomes of certain plants; it contains two active alkaloid agents which are emetine and cephaeline. The main indication of this agent is to persuade vomiting, after the ingestion of toxic compounds or after a drugs overdose. Ipecac was also used as a medicine and was mixtures of cough and from the 18th until the early 20th century, ipecac and opium were used to produce Dover's powder, which was used in form of syrup. According to “Food and Drug Administration Department of Health and Human Services” it is estimated that each year about 500,000 accidental poisonings occur in the United States and result in about 1,500 deaths, out of which 400 are children. In the emergency treatment of the poisonings, ipecac syrup is considered the emetic of choice. Some of the key players profiled in the study are Parchem Fine & Specialty Chemicals (United States), Ransom Naturals Ltd (United Kingdom), Ipecacuana del Norte S.A (Costa Rica), Granville Wellness (Canada), B. Jain Group of Companies (India) and Helios Homeopathy Ltd (United Kingdom).
On the basis of geography, the market of Ipecac has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Ipecac market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Accidental Ingestion of Poison
Market Trend
- Increasing Issues of Gastrointestinal Decontamination
Restraints
- Over Dosage of Ipecac can lead To Cardiotoxicity
- Availability of Substitutes such as Activated Charcoal and Gastric Lavage
Opportunities
- Used as an Insect Repellant and Amoebicide by South American Indians
Challenges
- Side Effects Are Uncommon, Occasional Side Effects Include Salivation, Lacrimation, Protracted Vomiting, Diarrhea and Lethargy
Target Audience:
Manufacturers of Ipecac, Suppliers of Ipecac, Wholesalers, Distributors and Retailers of Ipecac, Healthcare Industry, Regulatory Bodies and Governmental Bodies
Major Objectives Focused through this Study
To define, describe, and forecast the Global Ipecac market on the basis of product [Powder and Liquid [Syrup]] , application [Hospitals and Clinics], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Ipecac market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Ipecac industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Ipecac market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.