https://www.globalgrowthinsigh....ts.com/market-report
The global Codeine market was valued at USD 272.9 million in 2023 and is projected to decrease to USD 257.9 million in 2024 and further to USD 164.02 million by 2032, with a declining CAGR of -5.5% during the forecast period [2024-2032].
In the U.S., Codeine market is experiencing a contraction due to increased regulatory restrictions and concerns over opioid misuse. The rising awareness of opioid addiction and the availability of alternative pain management solutions are major factors contributing to the market decline.
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