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Effervescent Tablet Market 2024 - Size, Share, and Trends Analysis Report with Forecasts Till 2033
Effervescent Tablet Global Market
The Business Research Company presents an extensive market research report on the Effervescent Tablet Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The effervescent tablet market size has grown strongly in recent years. It will grow from $33.49 billion in 2023 to $36.82 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to early pharmaceutical innovations, medical advancements, emergence of consumer health trends, consumer convenience and preference, marketing and branding strategies..
The effervescent tablet market size is expected to see rapid growth in the next few years. It will grow to $54.94 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to preference for convenient dosage forms, innovation in formulations, consumer demand for novelty, healthcare professional endorsements, demographic shifts.. Major trends in the forecast period include market value structure, cost drivers, growth rate, sales channels, technological advancements.
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Key Market Players:
Major companies operating in the effervescent tablet market report are Bayer AG, Hermes Arzneimittel GmbH, GlaxoSmithKline plc, Reckitt Benckiser Group plc, Bristol-Myers Squibb Company, Bliss GVS Pharma Limited, Herbalife International Inc., Amerilab Technologies Inc., Pfizer Inc., Novartis AG, Perrigo Company plc, Chiesi Farmaceutici SpA, SG Biopharm Pvt. Ltd., Advanced Enzyme Technologies Limited, Vovantis Laboratories Pvt. Ltd., Nutrilo GmbH, Tower Laboratories Ltd., Losan Pharma GmbH, American Health, BioVit GMP Laboratories Limited, By-health Co. Ltd., Vitabiotics Ltd., Prestige Brands Inc., Nuun and Company Inc., DMK Group, Amway Corp, GNC Holdings Inc., Sanofi SA, Merck KGaA, Roche Holding AG, Johnson & Johnson, Procter & Gamble Co., Unilever plc, Nestle SA, PepsiCo Inc., The Coca-Cola Company, Dr Reddy's Laboratories Ltd.
Market Drivers:
The high prevalence rate of chronic diseases is expected to propel the growth of the effervescent tablets market going forward. Chronic disease often lasts for three months or longer and may worsen with time. The most prevalent chronic diseases are cancer, heart disease, stroke, diabetes, and arthritis. Effervescent tablets are used in the treatment of chronic illnesses such as diabetes, cancer, and heart disease as a potent antioxidant that boosts blood antioxidant levels and helps reduce the risk of chronic diseases. For instance, in January 2022, according to research published by the American Cancer Society, a US-based health organization, in the US, 609,360 cancer deaths and 1.9 million new cancer cases are anticipated in 2022. It is about 1,670 fatalities each day. Therefore, the high prevalence rate of chronic diseases is driving the growth of the effervescent tablets market.
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https://www.thebusinessresearchcompany.com/report/effervescent-tablet-global-market-report
The effervescent tablet market covered in this report is segmented -
1) By Product: Medication, Supplements
2) By Methods: Dry Methods, Wet Granulation
3) By Indication: Diuretics, Pain Management, Gastric Disorders, Respiratory Diseases, Other Indications
4) By Application: Dental Products, Dietary Supplements, Pharmaceutical, Other Applications
5) By End-User: Hospitals, Specialty Clinics, Homecare, Other End-Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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The report provides a comprehensive analysis of company profiles listed below:
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- Romaco Pharmatechnik
- Nutrilo
- Unither Pharmaceuticals
- Amerilab Technologies
- Hebei Xinfuda Plastic Products
- Parekhplast
Effervescent Packaging Market Segment…
