Global Codeine Phosphate Market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The market is driven by factors such as increasing prevalence of chronic pain and respiratory diseases, growing demand for opioid analgesics, and rising incidence of cancer globally.
Extracted from Opium type segment accounted for the largest share in the global codeine phosphate market in 2017 owing to its high availability and low cost. Synthesized by Morphine type segment is expected to witness fastest growth during the forecast period due to its higher purity level than extracted from opium type segment which makes it more suitable for therapeutic use. Narcotic Analgesic application segment accounted for the largest share in global codeine phosphate market in 2017 due to its wide range of applications such as relief from pain, cough suppression, and treatment of diarrhea among others which are driving this segment’s growth over other segments during the forecast period. North America region dominated global codeine phosphate market with a share of around 40% in 2017 owing to high prevalence rates of chronic pain conditions such as arthritis among adults and children population coupled with increasing number of cancer cases across various age groups which are driving this region’s growth over other regions during the forecast period.
Some Of The Growth Factors Of This Market:
- Codeine is a narcotic analgesic that is used to treat mild to moderate pain. 2.Codeine is also used as an antitussive and for the relief of coughing in chronic bronchitis, whooping cough, and asthma. 3.Codeine can be addictive if taken for more than a few days at a time or in high doses 4.Codeine has been found to be effective in treating diarrhea 5.The FDA has approved codeine for use as an antitussive agent.
Industry Growth Insights published a new data on “Codeine Phosphate Market”. The research report is titled “Codeine Phosphate Market research by Types (Extracted from Opium, Synthesized by Morphine), By Applications (Narcotic Analgesic, Antitussive, Others), By Players/Companies Macfarian Smith, Francopia, Noramco, Weifa, Mallinckrodt, Temad, GSK, Alkaloida, Tas. Alkaloids, Alcaliber, Fine Chemicals, Aesica, Sino Pharm, Sri Krishna, TPI”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Codeine Phosphate Market Research Report
By Type
Extracted from Opium, Synthesized by Morphine
By Application
Narcotic Analgesic, Antitussive, Others
By Companies
Macfarian Smith, Francopia, Noramco, Weifa, Mallinckrodt, Temad, GSK, Alkaloida, Tas. Alkaloids, Alcaliber, Fine Chemicals, Aesica, Sino Pharm, Sri Krishna, TPI
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Codeine Phosphate Market Report Segments:
The global Codeine Phosphate market is segmented on the basis of:
Types
Extracted from Opium, Synthesized by Morphine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Narcotic Analgesic, Antitussive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Macfarian Smith
- Francopia
- Noramco
- Weifa
- Mallinckrodt
- Temad
- GSK
- Alkaloida
- Tas. Alkaloids
- Alcaliber
- Fine Chemicals
- Aesica
- Sino Pharm
- Sri Krishna
- TPI
Highlights of The Codeine Phosphate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Extracted from Opium
- Synthesized by Morphine
- By Application:
- Narcotic Analgesic
- Antitussive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Codeine Phosphate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Codeine phosphate is a medication used to relieve pain. It is an opioid drug, which means it works by binding to opioid receptors in the brain and body to reduce pain.
Some of the key players operating in the codeine phosphate market are Macfarian Smith, Francopia, Noramco, Weifa, Mallinckrodt, Temad, GSK, Alkaloida, Tas. Alkaloids, Alcaliber, Fine Chemicals, Aesica, Sino Pharm, Sri Krishna, TPI.
The codeine phosphate market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Codeine Phosphate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Codeine Phosphate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Codeine Phosphate Market - Supply Chain
4.5. Global Codeine Phosphate Market Forecast
4.5.1. Codeine Phosphate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Codeine Phosphate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Codeine Phosphate Market Absolute $ Opportunity
5. Global Codeine Phosphate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Codeine Phosphate Market Size and Volume Forecast by Type
5.3.1. Extracted from Opium
5.3.2. Synthesized by Morphine
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Codeine Phosphate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Codeine Phosphate Market Size and Volume Forecast by Application
6.3.1. Narcotic Analgesic
6.3.2. Antitussive
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Codeine Phosphate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Codeine Phosphate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Codeine Phosphate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Codeine Phosphate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Codeine Phosphate Demand Share Forecast, 2019-2026
9. North America Codeine Phosphate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Codeine Phosphate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Codeine Phosphate Market Size and Volume Forecast by Application
9.4.1. Narcotic Analgesic
9.4.2. Antitussive
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Codeine Phosphate Market Size and Volume Forecast by Type
9.7.1. Extracted from Opium
9.7.2. Synthesized by Morphine
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Codeine Phosphate Demand Share Forecast, 2019-2026
10. Latin America Codeine Phosphate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Codeine Phosphate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Codeine Phosphate Market Size and Volume Forecast by Application
10.4.1. Narcotic Analgesic
10.4.2. Antitussive
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Codeine Phosphate Market Size and Volume Forecast by Type
10.7.1. Extracted from Opium
10.7.2. Synthesized by Morphine
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Codeine Phosphate Demand Share Forecast, 2019-2026
11. Europe Codeine Phosphate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Codeine Phosphate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Codeine Phosphate Market Size and Volume Forecast by Application
11.4.1. Narcotic Analgesic
11.4.2. Antitussive
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Codeine Phosphate Market Size and Volume Forecast by Type
11.7.1. Extracted from Opium
11.7.2. Synthesized by Morphine
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Codeine Phosphate Demand Share, 2019-2026
12. Asia Pacific Codeine Phosphate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Codeine Phosphate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Codeine Phosphate Market Size and Volume Forecast by Application
12.4.1. Narcotic Analgesic
12.4.2. Antitussive
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Codeine Phosphate Market Size and Volume Forecast by Type
12.7.1. Extracted from Opium
12.7.2. Synthesized by Morphine
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Codeine Phosphate Demand Share, 2019-2026
13. Middle East & Africa Codeine Phosphate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Codeine Phosphate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Codeine Phosphate Market Size and Volume Forecast by Application
13.4.1. Narcotic Analgesic
13.4.2. Antitussive
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Codeine Phosphate Market Size and Volume Forecast by Type
13.7.1. Extracted from Opium
13.7.2. Synthesized by Morphine
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Codeine Phosphate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Codeine Phosphate Market: Market Share Analysis
14.2. Codeine Phosphate Distributors and Customers
14.3. Codeine Phosphate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Macfarian Smith
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Francopia
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Noramco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Weifa
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mallinckrodt
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Temad
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GSK
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Alkaloida
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Tas. Alkaloids
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Alcaliber
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fine Chemicals
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Aesica
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Sino Pharm
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Sri Krishna
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TPI
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
