Fact.MR – A Market Research and Competitive Intelligence Provider: The factors such as unhealthy food habits, sedentary lifestyles, regular intake of medicines to treat high blood pressure, increase acid levels in the stomach, increases the demand for antacids market
Antacid Tablets to Hold Major Chunk of the Antacids Demand Pie
In a recent market study, Fact.MR covers recent developments in the global antacids market, highlighting vital aspects such as trends, drivers, opportunities, and restraints. The report studies recent developments in the segments of the market in terms of drug class, formulation, distribution channel and region.
Fact.MR – A Market Research and Competitive Intelligence Provider: The factors such as unhealthy food habits, sedentary lifestyles, regular intake of medicines to treat high blood pressure, increase acid levels in the stomach, increases the demand for antacids market
The recent past has seen a wide opportunity of antacids in numerous formats, which are resonating well with consumers. This led to the enormous development of the demand for antacids market.
Manufacturers in the antacids market are impending drug formulation techniques by consumer-centric means, in the form of chewable and flavoured tablets, to grow in convenience regards. The global antacids markets are expected to grow at ~US$ 19 Bn by 2025.
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Lenient legislations regarding the over-the-counter (OTC) availability of antacids are integrating the penetration of antacids by retail pharmacies, convenience stores, and hospital pharmacies.
Over the course of time, market players will increase their budgets on research & development initiatives to differentiate their products by increasing effective antacids.
| Report Attributes | Values |
| Projected Market Forecast Value by 2025 | US$ 19 Bn |
| Global Growth Rate (2022 to 2025) | 5% CAGR |
Key Takeaways:
- Consumers’ inclination towards antacid tablets remains high, expected to grow for ~70% of the total share in the antacids market by 2025.
- Retail pharmacies will account for one-third of the total sales of global antacids market generated by 2025.
- Antacid tablets are expected to to generate sales tantamount to nearly US$ 13 Bn by 2025.
- Europe is the leading antacids market and is anticipated to hold one-third of the total market share in 2025.
Growth drivers:
- Convenience is a salient feature resulting in increase in the demand for antacids with increasing consumers’ reliance on digestive remedies is expected to develop the growth of the antacids market trend.
- The increasing interest of consumers towards natural treatments could derail steady sales opportunities for players in the antacids market.
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Competitive Landscape:
Players in the antacids market are focusing on distribution channels such as hospital pharmacies, retail pharmacies, and online pharmacies.
Key Companies Profiled by Fact.MR are –
- AstraZeneca
- Bayer AG
- Boehringer Ingelheim GmbH
- Dr. Reddy’s Laboratories Ltd.
- GlaxoSmithKline plc
- Johnson & Johnson
- Pfizer Inc.
- Procter & Gamble
More Valuable Insights on Antacids Market
Fact.MR provides an unbiased analysis of the Antacids market, presenting forecast statistics for the period from 2022-2025. The study divulges compelling insights on the global Antacids market with a detailed segmentation on the basis of:
Drug Class
- Proton Pump Inhibitors
- H2 Antagonists
Formulation
- Tablets
- Liquid
- Powder
- Others
Distribution Channel
- Hospital Pharmacies
- Retain Pharmacies
Region
- North America
- US
- Canada
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Australia and New Zealand
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Rest of LATAM
- Middle East and North Africa
- GCC Countries
- South Africa
- Rest of Africa
Key Questions Covered in Antacids Market Report
- The market survey also highlights projected sales growth for Antacids market between 2022 and 2025
- The report offers insight into Antacids Market for forecast period 2022 and 2025
- Antacids Market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others
- Antacids Market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry
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