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Mouth-Melting Antacids Revolutionize The Market Industry Trends Gaining Momentum in the Global Antacids Market
Antacids
What Is the Expected CAGR for the Antacids Market Through 2025?
In the past few years, the size of the antacids market has demonstrably increased. It is projected to rise from $9.54 billion in 2024 to $9.9 billion in 2025, with a compound annual growth rate (CAGR) of 3.8%. The previous growth can be linked to factors such as historical pricing and ease of access, changes in historical dietary habits, economic situations, alterations in lifestyle, improvements in healthcare, and awareness about the subject, as well as historical population demographics.
What's the Projected Size of the Global Antacids Market by 2029?
In the upcoming years, the antacids market is anticipated to experience steady expansion. The growth rate is projected to be at 3.2% compound annual growth rate (CAGR), reaching a market value of $11.24 billion by 2029. The predicted growth for the forecast period can be linked to factors like market competition, consumer preference and brand loyalty, industry trends, changes in lifestyle and environmental influences, the emergence of new health conditions, as well as the state of economy and healthcare expenditures. The major trends observed during the forecast period involve heightened health awareness, advancements in technology, increased preference for natural cures, changes in regulations and the need for compliance, and a spike in digestive disorders.
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Top Growth Drivers in the Antacids Industry: What's Accelerating the Market?
The escalation of the antacids market can be attributed to unhealthy lifestyle decisions culminating in a greater incidence of acidity. These unhealthy decisions include sedentary jobs, inadequate sleep patterns, and inconsistent eating habits, leading to enhanced stomach acidity levels and resulting in gastroesophageal reflux disease. Reportedly, the American College of Gastroenterology reveals that gastroesophageal reflux disease affects nearly 60 million Americans. Such factors intensify the need for antacids.
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What Trends Will Shape the Antacids Market Through 2029 and Beyond?
An up-and-coming trend in the antacid market is the mouth-melting antacid. Up till now, antacids existed in forms such as tablets, liquids, and powders. Recent research efforts, however, have resulted in the development of mouth-melting antacids, comprised of micro-mouth melting granules that swiftly dissolve in the mouth. These granules function similarly to effervescent in the antacids. 'Pepmelt', a product of Sun Pharma, is a mouth-melting instant relief antacid that efficiently merges the benefits of its herbal components with the modern mouth-melting technology.
What Are the Main Segments in the Antacids Market?
The antacids market covered in this report is segmented -
1) By Drug Class: Proton Pump Inhibitors, H2 Antagonist, Acid Neutralizers, Pro-Motility Agents
2) By Formulation Type: Tablet, Liquid, Powder, Other Formulation Types
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels
Subsegments:
1) By Proton Pump Inhibitors (PPIs): Omeprazole, Esomeprazole, Lansoprazole, Pantoprazole, Rabeprazole
2) By H2 Antagonists: Ranitidine, Famotidine, Cimetidine, Nizatidine
3) By Acid Neutralizers: Antacids, Sodium Bicarbonate
4) By Pro-Motility Agents: Metoclopramide, Domperidone
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Which Top Companies are Driving Growth in the Antacids Market?
Major companies operating in the antacids market include Walmart Equate LLC, Private Label, Pfizer Inc, Bayer AG, Sanofi S.A., Abbott Laboratories, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Boehringer Ingelheim GmbH, Reckitt Benckiser Group plc, WellSpring Pharmaceutical Corporation, Xiuzheng Pharmaceutical Group Company Limited, Bausch Health Companies Inc., Sun Pharmaceuticals Industries Ltd., Dr. Reddy's Laboratories Ltd., Hikma Pharmaceuticals plc, Alkem Laboratories Ltd., Conba Group Co. Ltd., Chattem Chemicals Inc., China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Thornton and Ross Ltd., McNeil Consumer Pharmaceuticals Co., Advance Pharmaceutical Inc.
Which Regions Will Dominate the Antacids Market Through 2029?
North America was the largest region in the antacids market in 2024. The Middle East is expected to be the fastest-growing region in the global antacids market share. The regions covered in the antacids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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