Press release
Antacids Market Key Business Strategies by Leading Industry Players and Forecast
The world class Antacids Market document helps identify potential business opportunities. It gives a better understanding of consumer preferences and needs as well as delivers accurate insights about the competitors and their marketing approach. The report helps in lowering the business risks and reduces losses. It helps in testing the products before market launch. Antacids Market research report provides detailed insights into the competitors, understand customers' pain points & preferences, latest market trends, consumer buying patterns, economic shifts, and demographics. Smart business owners never underestimate the potential of such Antacids Market research report and hence leverage it to creative effective strategies.
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Data Bridge Market Research analyses a growth rate in the global antacids market in the forecast period 2022-2029. The expected CAGR of global antacids market is tend to be around 4.4% in the mentioned forecast period. The market was valued at USD 6.93 billion in 2021, and it would grow upto USD 9.78 billion by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Pfizer Inc (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Mylan N.V. (U.S.), Fresenius Kabi AG (Germany), Hikma Pharmaceuticals PLC (Japan), Novartis AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), Bristol Myers Squibb Company (U.S.) GSK Plc. (U.K.), Bayer AG (Germany), Sun Pharmaceutical Industries Ltd (India), Lupin (India), Cipla Inc (India), Aurobindo Pharma (India), Procter & Gamble (U.S.), Reckitt Benckiser Group PLC (U.K.)
Drivers
Rising Awareness For GERD
The rising awareness about GERD is expected to boost the market growth. As per the reports of the International Foundation for Gastrointestinal Disorders, the 19th Annual GERD Awareness Week provided information and support associated with this condition in November 2018. In addition to this, the International Foundation for Functional Gastrointestinal Disorders (IFFGD) boosts the patients who are suffering from GERD-related symptoms, to visit the physicians.
Increase in Geriatric Population
As per the reports of the United Nations World Ageing 2019, in 2019, there were approximately 703 million people who were aged 65 years or over globally. It is expected to increase to 1.5 billion in 2050. Globally, the share of the population aged 65 years or over increased from 6% in 1990 to 9% in 2019, and almost 65% of the elderly population has to deal with acid reflux. This creates opportunity for the market.
Critical Insights Related to the Included in the Report:
Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
Value chain analysis of prominent players in the market
Current trends influencing the dynamics of this market across various geographies
Recent mergers, acquisitions, collaborations, and partnerships
Revenue growth of this industry over the forecast period
Marketing strategy study and growth trends
Growth-driven factor analysis
Emerging recess segments and region-wise market
An empirical evaluation of the curve of this market
Ancient, Present, and Probable scope of the market from both prospect value and volume
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Antacids are the medical agents that help neutralize acid present in the stomach. Normal pH of the gastric acid is in the range of 1.5-3.5. Antacids are alkaline and contain sodium, aluminium, magnesium and calcium. Alkaline nature of antacids assists in neutralizing the gastric acid. In contrast to this, antacid�s relief the pain, inflammation and gastric acidity. It is of great importance to the healthcare sector and thus is expected to rise high in the forecast period.
Global Antacids Market Scope
The global antacids market is segmented on the basis of type, indication, dosage form, route of administration, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Sodium Antacids
Calcium Antacids
Magnesium Antacids Aluminium Antacids
Others
Indication
Gastroesophageal Reflux Disease
Heartburn
indigestion
Others
Dosage Form
Tablets
Liquid
Others
Route of Administration
Oral
Others
Major Points Covered in Table of Contents:
An Overview of the Antacids Market Industry
Manufacturers' Market Share Production Market Share by Regions
Consumption in Different Regions
Trends in Production, Revenue, and Price by Type
Analysis of the Antacids Market by Applications
Antacids Market Industry Company Profiles and Key Figures Antacids Market Manufacturing Cost Analysis
Customers, Distributors, and Marketing Channel
Market Trends
Research Findings and Conclusions on the Antacids Market
Data Source and Methodology
Get Detailed TOC at https://www.databridgemarketresearch.com/toc/?dbmr=global-antacids-market
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, LATAM, Europe or Southeast Asia or Just Eastern Asia
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