Pharmaceuticals Grade Sodium Bicarbonate Market: Industry Development Scenario and Forecast to 2027

To Understand the Pharmaceuticals Grade Sodium Bicarbonate Market Industry Status worldwide, MRRSE has included the latest Forecast report titled “Pharmaceuticals Grade Sodium Bicarbonate Market: Industry Development Scenario and Forecast to 2027”, to its vast database. This study offers data about the prime regions operating in the Pharmaceuticals Grade Sodium Bicarbonate Market, along with their production, consumption, revenue and market share details. Further, the intelligent report also anticipates that the market would grow at a constructive CAGR until 2027.

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The growing consumption of sodium based medicines across the globe and its expanding production in the pharmaceutical industry has triggered the demand for pharmaceuticals grade sodium bicarbonate. It is used in antacids and is also an active pharmaceutical ingredient. Antacids contain various ingredients, such as aluminium hydroxide, calcium carbonate, magnesium hydroxide and sodium bicarbonate alone or in various combinations. Antacids may also contain other ingredients. On the other hand, sodium bicarbonate is used as an active pharmaceutical ingredient in medication and is employed for the treatment of heartburn and acid indigestion. As a result, regions with a high geriatric population are the leading users of pharmaceuticals grade sodium bicarbonate.

North America leading with high consumption of API

It has been projected that North America will lead the global pharmaceuticals grade sodium bicarbonate market owing to the high use of API in the region. The use of excipients and antacids is also expected to bode well for the growth of the market in the region. The high use of antacids in the region will trigger the demand for pharmaceuticals grade sodium bicarbonate over the forecast period. The growing consumption of the aforesaid medicines can be attributed to the changing and hectic lifestyle of the people and the growing culture of fast food in the region. Antacids are used to relieve acid ingestion, treat an upset or sour stomach and heart burn. Antacids are taken via mouth and it works by neutralising the excess of stomach acid. Antacids contain various ingredients such as aluminium hydroxide, calcium carbonate, magnesium hydroxide and sodium bicarbonate alone or in various combinations. Antacids may also contain other ingredients. Antacids differ from the other medicines in how quickly they work and for how long they provide relief. Those that rapidly dissolve in the stomach, such as magnesium hydroxide & sodium bicarbonate bring fast relief.

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On the other hand, an active pharmaceutical ingredient is any substance or a combination of substances used in a finished pharmaceutical product. These ingredients have a direct effect on the diagnosis, treatment and prevention of an ailment and modify the physiological function in human beings. Asia Pacific excluding Japan to take the third position in the global market owing to a high geriatric population

By the end of 2050, Asia will be the leading region in terms of the percentage of geriatric population in the world. Aging population continues to contribute to the shift in healthcare requirements and responses. The propensity of usual gastronomical diseases due to either the absence of stomach acid or less production of the same increases among people with old age and requires an efficient digestive system. As Asia Pacific will witness a substantial growth in the geriatric population over the course of the forecast period, the consumption of antacids and API will also rise substantially in the region. As a result, the demand for pharmaceuticals grade sodium bicarbonate is expected to rise in the coming years in the region. Moreover, the expanding pharmaceuticals industry is also anticipated to bode well for the global pharmaceuticals grade sodium bicarbonate in the long run.

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Sodium bicarbonate has various substitutes for pharmaceutical applications, such as calcium carbonate, calcium chloride, etc. Calcium carbonate occurs in nature as limestone, chalk, marble, calcite, seashells, corals, etc. Although calcium carbonate is a soluble alkali, tests prove that sodium bicarbonate is a stronger base than calcium carbonate. The sodium bicarbonate salt is relatively cheap and high consumption of sodium source compounds can cause renal diseases and may also increase heart pressure, which can lead to heart failure or stroke. Calcium carbonate is more effective and safe than sodium bicarbonate and is the first line of medication for heartburn. Calcium carbonate works in seconds and is readily available over the counter. Calcium chloride has minimal side effects and is available in chewable form.

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