Global Antacids Market Rising Demand, Revenue Status and Outlook 2020 to 2026

The Antacids Market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and New innovations.

The global Antacids market is valued at US$ 6225.7 million in 2020 is expected to reach US$ 6587 million by the end of 2026, growing at a CAGR of 0.8% during 2021-2026

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Top leading Companies of Global Antacids Market are AstraZeneca, Takeda Pharmaceutical, Pfizer, Reckitt Benckiser, Bayer, Procter?Gamble, GlaxoSmithKline, Johnson?Johnson, CONBA, Xiuzheng Pharma, Sanofi, Bausch Health, CR SANJIU, Reddy’sLaboratories and others.

Life science industry is growing on the back of significant factors, which include increasing patient’s demand for innovative treatment, rising advancements in the immunotherapy space, and growing spending in the healthcare sector. Further, in developing countries such as India, China, and other countries, the government is spending a considerable amount of money on the healthcare sector and also conducting several health programs which are anticipated to bolster the demand for the Antacids market in the near future.

Macro & microeconomic factors, Porter’s five force analysis, supply chain, and value chain analysis, and other key indicators are presented in the report in a comprehensive manner that is impacting developments in the Market.  This industry report also presents qualitative data and factors related to the Market which guides the reader to make an informed decision regarding their Market strategy.

Antacids Market research report also discusses future Market trends and the impact of several factors that are anticipated to drive the growth of the Market during the forecast period. In addition to this, new players and small & medium enterprises in the Antacids Market can also find specific Market insights which will help them to take instructed decision for the growth of their company.

This report segments the Antacids Market on the basis of by Type are:

Proton Pump Inhibitor
H2 Antagonist
Acid Neutralizers

On the basis of By Application, the Antacids Market is segmented into:

Rx Drug
OTC Drug

Regional Analysis For Antacids Market:

For comprehensive understanding of market dynamics, the Antacids  Market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Key Highlights of the Report

– Quantitative market information and forecasts for the global Antacids industry, segmented by type, end use and geographic region.

– Expert analysis of the key technological, demographic, economic and regulatory factors driving growth in Antacids to 2026.

– Market opportunities and recommendations for new investments.

– Growth prospects among the emerging nations through 2026.

Important Features that are under Offering and Antacids Market Highlights of the Reports:

  • Detailed overview of Market
  • This report provides pin-point analysis for changing competitive dynamics.
  • In-depth market segmentation by Type, Application, etc.
  • Historical, current and projected market size in terms of volume and value.
  • Recent industry trends and developments.
  • Competitive landscape of Antacids Market.
  • Strategies of Key players and product offerings.
  • Potential and niche segments/regions exhibiting promising growth.

Global Antacids Market Forecast The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, Antacids Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. This report additionally Present a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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Antacids Market Size, Status and Growth Forecast 2019 to 2023

Image result for Antacids

Global Antacids Market This market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

Market Overview-

The Antacids Market is expected to grow, at a CAGR of approximately 4.3% during the forecast period. Some of the key drug categories existing in the antacid market include Proton pump inhibitor, H2 antagonist and acid neutralizers. Out of the three drug categories, proton pump inhibitors segment is expected to hold the largest share in global revenue over the forecast period.

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Market competition by Top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the Top players including-

AstraZeneca, Bayer AG, Boehringer Ingelheim GmbH, Dr. ReddyÕs Laboratories Ltd., GlaxoSmithKline PLC, Johnson & Johnson, Pfizer Inc., Procter & Gamble, Reckitt Benckiser Group PLC, Sanofi, Sun Pharmaceuticals Ltd, Takeda Pharmaceutical, Valeant Pharmaceuticals Internationa

Market segment by Regions/Countries, this report covers
North America (U.S., Canada, Mexico)
Global (Germany, UK, France, Rest of Global)
Asia Pacific (China, India, Japan, Rest of Asia Pacific)
Latin America (Brazil, Argentina, Rest of Latin America)
Middle East & Africa

Key Market Trends

Growing Geriatric Population Suffering from GERD Induce a Surge in the Antacids Market

People with ages of 60 years or higher is rising at a rate of approximately 3% every year and 65% of geriatric population have to deal with acid reflux, and this is one of the major factors boosting the antacid market globally. According to World Health Organization 2017, more than USD 10 billion is spent globally every year on antacids. As per World Gastroenterology Organization, the prevalence rate of GERD is growing globally and the prevalence reached approximately 2.5% – 6.6% in South East Asia and almost 13.8% – 25.8% in North America. Along with this other factors such as poor lifestyle choices leading to higher incidences of acidity and side effects of drugs like non-steroidal anti-inflammatory drugs will also contribute to the growth of the antacids market during the forecast period.

Side Effects Related to Antacids and Drug Interactions to Impede the growth of Antacids Market

Antacids often lead to milk alkali syndrome and rebound acidity due to dose dependence. Antacids which consist of aluminum hydroxide may cause constipation, aluminum-intoxication, osteomalacia, and hypophosphatemia. Antacids that contain magnesium have a laxative result which might lead to diarrhea, and in patients suffering from kidney failure, the higher magnesium deposits can create further health complications.
Availability of OTC antacids and their common usage in most of the population using other medications can lead to drug interactions and severe side effects. For instance, antacids when taken with acidic drugs like digoxin, chlorpromazine, etc. lead to the absorption of the drugs, due to which the concentration of the drugs in the blood is very low, which in turn reduces the efficacy of the drugs. Other factors which will affect the market growth include lack of awareness about acidity symptoms and growing number of alternatives in the market for antacids.

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Europe to Dominate the Antacids Market

Europe accounted for the largest share in the antacids market in 2017 due to factors such as increasing incidence of gastro esophageal reflux diseases and growing geriatric population. The region being home to some of the key players is also stoking growth of this regional market. Asia Pacific stood as the second-leading market for antacids in 2016. The region is anticipated to clock a high and constant CAGR from 2018 – 2023 to account for the second-leading revenue through this period. China and India are key domestic markets in the region due to improvement of healthcare services.

Market Updates-

Jun 2018: German chemical and pharmaceutical giant Bayer completed the $63 billion mega-deal acquiring the US based biotech major Monsanto.
Jan 2017: FDA approved Teva’s generic version of AstraZeneca’s Nexium. The US Food and Drug Administration said it approved Teva Pharmaceutical Industries Ltd’s generic version of AstraZeneca Plc’s blockbuster heartburn drug Nexium, the agency’s first such approval for the drug.
Sep 2017: Lannett Co. Inc. received Food and Drug Administration approval to market a generic version of delayed-release Nexium in 20- and 40-milligram dosages

Major points covered in this research are:-

─Antacids Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2023), Competition by Manufacturers

─Global Market Size (Value) of Antacids (2020-2023)

─Global Antacids Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2023)

─Global Antacids Production, Revenue (Value), Price Trend by Type

─Global Antacids Market Analysis by Application

─Global Antacids Manufacturers Profiles/Analysis

─Antacids Manufacturing Cost Analysis

─Industrial Chain, Sourcing Strategy and Downstream Buyers

─Marketing Strategy Analysis, Distributors/Traders

─Market Effect Factors Analysis

─Global Antacids Market Forecast (2020-2023)

─Competitive Landscape

─Research Findings and Conclusion

Finally, this Antacids report covers the market scenario and its development prospects over the coming years. Report likewise manages the type analysis, contrasting it with the significant application, recent Antacids product development and gives an outline of the potential Global market.

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Antacids Market Latest Trends, Business Growth And Opportunities Report For 2020 to 2026

Antacids Market – Growth, Trends, And Forecast (2019 – 2024) this market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

The antacids market was valued at USD 8255.13 million in 2018, and it is expected to reach USD 10317.44 million by 2024, with an anticipated CAGR of 3.74% during the forecast period, 2019-2024. The propelling factors for the growth of the antacids market include the growing geriatric population suffering from GERD, poor lifestyle choices leading to higher incidences of acidity, and side effects of drugs like non-steroidal, anti-inflammatory drugs.

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Market ByTop Leading Players-

AstraZeneca PLC, Bayer AG, Boehringer Ingelheim GmbH, Dr. Reddy’s Laboratories Ltd, GlaxoSmithKline PLC, Johnson & Johnson, Pfizer Inc., Sun Pharmaceuticals Ltd, Reckitt Benckiser Group PLC, Sanofi S.A

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The group of people aged 60 years or higher is rising at a rate of approximately 3% every year and 65% of the geriatric population have to deal with acid reflux. This acts as one of the major factors boosting the antacid market globally. There has been an increase in the geriatric population and this is one of the most favorable growth factors for the antacids market as the demographic is highly vulnerable to peptic ulcers and gastroesophageal reflux disorders.

Scope of the Report

As per the scope of the report, antacids are widely available medication used for slowing heartburn, sore stomach, acid indigestion, and stomach upset. It is helpful in protecting the stomach, duodenum, and esophagus from harsh acids released, while eating foods. The antacids generally do not require a prescription, in other words, they are self-prescribed. Therefore, they provide quick relief from heartburn, which is a major symptom of gastroesophageal reflux disease and indigestion.

Market Key Insights

Tablet is the Largest Segment Under Formulation Type that is expected to grow During the Forecast Years

Tablet has been estimated to be the largest segment due to the presence of chewable tablets in the market with different flavors that help to improve the patient adherence to the medication, which in turn is expected to contribute to the growth of the segment. Tablets also provide the correct amount of dosage to the patients and they are easy to store. These factors can be attributed to the segment growth over the forecast period.

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Asia-Pacific holds the Fastest Growth and is Expected to follow the Same Trend over the Forecast Period

Asia-Pacific is expected to be the largest and fastest growing regional segment during the forecast period due to the high unmet clinical needs, availability of effective treatment methods, rising disposable income, and consumer awareness about the availability of these products. In addition, the presence of key players is anticipated to contribute to the market growth over the forecast period.

Furthermore, Global Antacids Market following points are involved along with a detailed study of each point: –

Manufacture Analysis — Generation of this Global Antacids Industry is tested about applications, types, and regions with price analysis of players that are covered.

Sales & Revenue Assessment — Revenue, sales are planned for this Antacids market, including with various essentials along yet another facet is assessed in this section for foremost regions.

Supply and Effectiveness — In continuation using earnings, this section studies consumption, and global Antacids market. This area also sheds light on the variance between ingestion and distribution. Export and Antacids significance data are provided in this part.

Competitors — In this section, key players have been studied depending on product portfolio, their Antacids market company profile, volume, price, price, and earnings.

Investigations and Analysis — Antacids market analysis aside from business, the information, and supply, contact information from manufacturers, consumers and providers can also be presented. Additionally, a feasibility study to asset and SWOT analysis for endeavors have been contained.

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