Effervescent and Chewing Tablet Market 2024 to 2033: Key Trends and Forecast

"The Business Research Company recently released a comprehensive report on the Global Effervescent And Chewing Tablet Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The effervescent and chewing tablet market size has grown rapidly in recent years. It will grow from $3.87 billion in 2023 to $4.36 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to increasing demand for fast-dissolving supplements, growing consumer awareness about nutritional deficiencies, growing fitness and wellness trends, rising self-medication practices, and increasing disposable income.

The effervescent and chewing tablet market size is expected to see rapid growth in the next few years. It will grow to $7.05 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%. The growth in the forecast period can be attributed to growth in personalized nutrition demand, rising adoption of plant-based supplements, increasing focus on sustainable packaging, demand for immune-boosting supplements, and increasing awareness of eco-friendly products. Major trends in the forecast period include a rise in vegan and organic supplements, growth in clean-label effervescent products, a surge in demand for sugar-free formulations, the popularity of single-serve effervescent formats, and a focus on enhanced bioavailability of ingredients.

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Market Drivers and Trends:

The rising prevalence of digestive disorders is expected to propel the growth of the effervescent and chewing tablet market going forward. The growing prevalence of digestive issues is fueled by factors such as unhealthy diets, high stress levels, sedentary lifestyles, overreliance on medications, and increasing consumption of processed foods. Effervescent and chewing tablets provide the advantage of fast, convenient relief for digestive disorders such as indigestion, bloating, and heartburn, making them a popular choice for managing mild gastrointestinal discomfort. For instance, in September 2023, according to the Impact of IBD Report 2023 published by the IBD Clinical and Research Centre, a Canada-based non-profit organization, with a prevalence of 825 per 100,000 in 2023, over 320,000 people in Canada have inflammatory bowel disease (IBD), and as the prevalence is expected to increase by 2.44% annually, 1.1% of the population, or 470,000 Canadians, is projected to be living with IBD by 2035. Therefore, the rising prevalence of digestive disorders is driving the growth of the effervescent and chewing tablet market.

Major companies operating in the effervescent and chewing tablet markets are focusing on developing innovative moisture-resistant manufacturing techniques to sustain their position in the market. Moisture-resistant manufacturing techniques involve processes and materials designed to prevent damage or degradation from exposure to moisture, ensuring product durability and reliability. For instance, in April 2022, Health Innovations Ltd., a UK-based healthcare supplement company, launched EfferShield, a revolutionary manufacturing technology for effervescent products. This patented innovation reduces the dependence on conventional plastic tubes, providing a more sustainable alternative. EfferShield features a specialized moisture-resistant barrier that ensures product stability and supports the creation of new formulations. It also enables the use of eco-friendly packaging options, such as pouches and stick packs, ideal for single-use applications.

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Major Key Players of the Market:

Pfizer Inc., Merck & Co. Inc., Bayer AG, Sanofi SA, Abbott Laboratories, Boehringer Ingelheim, Teva Pharmaceutical Industries, Amway Corp., Sun Pharmaceutical Industries Ltd., Herbalife International Inc., Dr Reddy's Laboratories Ltd., Leo Nutriscience, Bliss GVS Pharma Limited, Amerilab Technologies Inc., Tower Laboratories Ltd., Vitabiotics Ltd., Losan Pharma GmbH, Biocaro Pharmaceutical, Nutra Healthcare Private Limited, Vovantis Laboratories Pvt. Ltd., BHI Biohealth International GmbH, Nutrilo GmbH, PharmaEstica Manufacturing OÜ, The Himalayan Organics, FixupHealth, The Vitamin Company

Effervescent And Chewing Tablet Market 2024 Key Insights:

• The effervescent and chewing tablet market size is expected to see rapid growth in the next few years. It will grow to $7.05 billion in 2028 at a compound annual growth rate (CAGR) of 12.7%.
• Digestive Issues Propel Growth Of The Effervescent And Chewing Tablet Market
• New Moisture-Resistant Technologies Transform Effervescent And Chewing Tablet Markets
• North America was the largest region in the effervescent and chewing tablet market in 2023

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