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 total global market for the Antacid Market was valued at USD in 2022 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2029. The report delivered by Maximize Market Research helps clients to understand the competitive landscape in detail, which is a guide for strategic planning.
Antacid Market Report Scope and Research Methodology
The report gives a detailed analysis of the market and contains meaningful insights, facts, historical data and statistically supported and industry-validated market statistics on Antacid. The report covers the Antacid market share and rival sector and an analysis of the major vendors and leading regions. The report also provides the Antacid market’s present size, growth rates, and company profiles of the top players and producers. An in-depth analysis of the regional environment is involved, along with information on the potential, important growth indicators, geographical challenges, and threats facing the market. The segment-wise analysis is divided into and
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The bottom-up approach was used to estimate the Antacid market size. The key players in the market are identified through primary and secondary research based on indicators including market revenue, price, services offered, advancements, mergers and acquisitions, and joint ventures. The report presented the PORTER, SWOT and PESTLE five force analysis with the potential impact of micro-economic factors of the Antacid market. SWOT analysis is used to identify the threats and weaknesses of the market. PORTER is used to employ the competitive intensity of the industry in the Antacid market.
Antacid Market Regional Insights
The analysis of the regions is conducted at a local and country level. The Regional Analysis provides the Antacid market status of various countries included in the report. The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions. The Antacid market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Antacid Market Segmentation
by Dosage Form
Tablet
Liquid
Powder
Others
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. These elements are responsible for the segment’s growth during the forecast period.
by Drug Class
Proton Pump Inhibitors
H2 Antagonist
Acid Neutralizers
Pro-Motility Agents
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. They potently reduce gastric acid secretion. PPIs have become one of the most commonly given drugs by medical professionals owing to their high efficacy and safety in treating GERD, curing peptic ulcer disease, and lowering the prevalence of nonsteroidal anti-inflammatory drug-associated gastropathy. Patients can take one PPI medication every day.
by Distribution Channel
Retail Pharmacy
Hospital Pharmacy
Online Pharmacy
Based on Distribution Channel, The Retail Pharmacy segment is expected to grow at the highest CAGR during the forecast period. Because these pharmacies are readily accessible and readily available. For instance, MedPlus has over 1,450 shops, 1,350 of which are owned by the company directly, while the others are franchised. Owing to rising consumer awareness, online pharmacies are expected to experience the fastest growth over the forecast period. A 2022 poll by the Alliance For Safe Online Pharmacies (ASOP Global) revealed that 40% of respondents from Canada have bought prescription drugs from an online pharmacy.
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Antacid Market Key Players
1. Abbott Laboratories (US)
2. WellSpring Pharmaceutical Corporation (US)
3. Advance Pharmaceutical Inc. (US)
4. CVS Pharmacy, Inc. (US)
5. Safetec of America, Inc. (US)
6. Johnson & Johnson (US)
7. Mylan N.V. (US)
8. Pfizer Inc (US)
9. Bristol Myers Squibb Company (US)
10.Procter & Gamble (US)
11.Boehringer Ingelheim International GmbH (Germany)
12.Fresenius Kabi AG (Germany)
13.Bayer AG (Germany)
14.Haleon plc (UK)
15.GSK Plc. (UK)
16.GlaxoSmithKline plc (UK)
17.Hikma Pharmaceuticals plc (UK)
18.Reckitt Benckiser Group PLC (UK)
19.Sanofi S.A. (France)
20.F. Hoffmann-La Roche AG (Switzerland)
21.Novartis AG (Switzerland)
22.Teva Pharmaceutical Industries Ltd. (Israel)
23.Sun Pharmaceutical Industries Ltd (India)
24.Lupin (India)
25.Cipla Limited (India)
Key questions answered in the Antacid Market are:
- What is Antacid?
- What are the global trends in the Antacid Market?
- What was the Antacid market size in 2022?
- Which trends are expected to generate additional revenue for the Antacid market growth?
- What recent industry trends have been implemented to generate additional revenue streams for the Antacid Market?
- How is the intervention from regulatory authority shaping the Antacid Market?
- What growth strategies are the players considering to increase their presence in the Antacid Market?
- Who held the largest market share in the Antacid Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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