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Global Antacids Market Research Report 2021-2030: Industry Trends, Shares, Growth Projections and Opportunities
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‘Antacids Global Market Report 2021 – COVID-19 Impact And Recovery’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the antacids industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.
The countries covered in the global antacids market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global antacids market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The antacids market consists of sales of antacids which are used to neutralize stomach acid, and treat acid reflux, heartburn and indigestion. It includes drug class such as proton pump inhibitors, H2 antagonist, surgical simulators and acid neutralizers in the form of either tablet, liquid or powder. Examples of antacids include Alka Seltzer, Maalox, Mylanta, Rolaids, Tums and Pepto-Bismol.
The global antacids market is expected to grow from $2.91 billion in 2020 to $3.33 billion in 2021 at a compound annual growth rate (CAGR) of 14.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.97 billion in 2025 at a CAGR of 4.5%.
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Global antacids market segmentation in TBRC’s report is:
1) Drug Class: Proton Pump Inhibitors, H2 Antagonist, Acid Neutralizers, Pro-Motility Agents
2) Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Others
3) By Formulation Type: Tablet, Liquid, Powder, Others
Major players in the antacids market are GlaxoSmithKline plc, Pfizer Inc., Bayer AG, Dr. Reddy's Laboratories Ltd and AstraZeneca PLC.
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The Table of Contents includes:
1. Executive Summary
2. Antacids Market Characteristics
3. Antacids Market Trends And Strategies
4. Impact Of Covid-19 On Antacids Market
5. Antacids Market Size And Growth
.....
27. Antacids Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Antacids Market
29. Antacids Market Future Outlook And Potential Analysis
30. Appendix
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