Antacid Market size was valued at USD 7.31 Bn. in 2022 and the total Antacid Market revenue is expected to grow at 4.5 % from 2023 to 2029, reaching nearly USD 9.95 Bn.
Antacid Market Overview:
The Antacid Market research study is set up so that each segment is individually analysed before being combined to form the total market, and the analysis is done based on consumer needs. Over the course of the forecast period, it is expected that the Antacid market would grow quickly because of the rising urbanization and development of emerging nations. On the other side, high investment costs might affect the growth of the Antacid market as a whole.
Antacid Market Scope and Research Methodology
Primary and secondary research methodologies were employed and data collected by using both research methods were combined to make the Antacid market report authentic. Various secondary sources including industry associations, white papers, and journals were used for data collection. Key Player’s offerings were also taken into consideration to determine the Antacid market segmentation.
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The bottom-up approach was used to estimate the market size by considering the Antacid adoption rate and pricing by key players, which were then verified through primary research by conducting in-depth interviews with important business figures in the Antacid market, such as vice presidents (VPs), directors, and related executives. The overall process of market engineering was completed using data triangulation and market breakdown procedures, which led to the precise statistics for each segment and sub-segment.
Antacid Market Segmentation:
Based on Dosage Form, The Tablet segment is expected to grow at the highest CAGR during the forecast period. The market's availability of a range of chewable tablets in various tastes that aid in enhancing patient adherence to the prescription is expected to support the segment's growth. Additionally, tablets are convenient to keep and give patients the right dosage.
by Dosage Form
• Tablet
• Liquid
• Powder
• Others
Based on Drug Class, The Proton Pump Inhibitors segment is expected to grow at the highest CAGR during the forecast period. Proton pump inhibitors (PPIs) are commonly used for treating acid-related disorders, such as gastroesophageal reflux disease, and secondary prevention of aspirin/NSAID-induced ulcers.
by Drug Class
• Proton Pump Inhibitors
• H2 Antagonist
• Acid Neutralizers
• Pro-Motility Agents
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Antacid Market Key Players:
• Abbott Laboratories (US)
• WellSpring Pharmaceutical Corporation (US)
• Advance Pharmaceutical Inc. (US)
• CVS Pharmacy, Inc. (US)
• Safetec of America, Inc. (US)
• Johnson Johnson (US)
• Mylan N.V. (US)
• Pfizer Inc (US)
• Bristol Myers Squibb Company (US)
• Procter Gamble (US)
• Boehringer Ingelheim International GmbH (Germany)
• Fresenius Kabi AG (Germany)
• Bayer AG (Germany)
• Haleon plc (UK)
• GSK Plc. (UK)
• GlaxoSmithKline plc (UK)
• Hikma Pharmaceuticals plc (UK)
• Reckitt Benckiser Group PLC (UK)
• Sanofi S.A. (France)
Antacid Market Regional Insights
• North America (United States, Canada, and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, and the Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan, and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and the Rest of MEA)
• South America (Brazil, Argentina Rest of South America)
Report provides:
- Global Antacid Market Penetration: Provides a comprehensive overview of the Antacid market from the major players.
- Global Antacid Market Development: Provides in-depth information on interesting new areas as well as market penetration studies in existing categories.
- Global Antacid Market Diversification: In-depth coverage of new product releases, underserved areas, current changes, and investment opportunities.
- Competitive Landscape: Provides in-depth analysis of the main companies’ market shares, strategy, products, certification, regulatory approvals, patent landscape, and manufacturing capacity.
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