According to the report “Global Antacid Market,” published by Market Data Forecast, the global market is projected to reach USD 4,290 million by 2021, at a CAGR of 2.5% from 2016 to 2021.
Antacid are substances used to neutralize acidity in stomach, which in turn relieves stomach upset, heartburn and indigestion. In case of excessive secretion of acids in the digestive system, the natural mucous barrier responsible for protecting the lining in the stomach can damage the oesophagus. Increasing cases of stomach problems experienced by people has led to companies gaining interest in the Antacids market recently.
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Global Antacid Market: Drivers & Restraints
Antacids directly target the excess acids and get rid of them unlike other medications which reduce or prevent stomach acid excretion. Hence it shows better results compared to other medications. Further, Antacid come either as a chewable gum, liquid or a tablet, thus being easy to use by patients across all age groups. These factors have been driving the growth of the Antacid market lately. On the other hand, there are some restraints that are faced by antacids which include certain side effects like constipation, laxative effect, and allergic reactions. Further people with certain medical conditions are prone to adverse effects worsening their health conditions like people with heart conditions may face problems due to high amount of sodium present in Antacids.
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Global Antacid Market: Segmentation
- E-Clinical Trial Solutions
- Wireless Health
- Healthcare IT outsourcing
- Digital Pathology
- Next Generation sequencing(NGS)
- Clinical Trial Management Systems(CTMS)
- Antacids with Antiflatulents
- Y-o-Y Growth Analysis, By Submarkets
- Market Attractiveness Analysis, By Submarkets
- Market Share Analysis, By Submarkets
- Novel Dietary Fibers
- Y-o-Y Growth Analysis, By Application
- Market Attractiveness Analysis, By Application
- Market Share Analysis, By Application
- Modified Starch
- Food & Beverage Starch
- Food & Beverage Sugars & its substitutes
- Y-o-Y Growth Analysis, By Ingredients
- Market Attractiveness Analysis, By Ingredients
- Market Share Analysis, By Ingredients
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/global-antacid-market-2360/customize-report
Global Antacid Market: Overview
The market is showcasing evident potential in the mentioned forecasting period. It is expected to show significant growth in coming years because of the people being habitual of indulging in poor eating habits and resultantly facing stomach problems. The number of cases of people falling sick have been rising significantly lately. Under submarket segment, Chromatography accounted for the highest share in the market followed by Clinical Trial Management Systems (CTMS).
Global Antacid Market: Region-wise Outlook
Under geography analysis, the global market is segmented under various regions namely Europe, North America, Asia-Pacific, Latin America and MENA. The Antacid market was dominated by North America, with the overall market share of over 45% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is predicted to grow at a rapid pace in the coming few years.
Key Questions Answered
- What is the current and future Antacid Market outlook worldwide? What trends are affecting the Global market?
- What is the competitive landscape and market share of major players in the Antacid space globally?
- What are the key, high growth markets that Antacid manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Antacid currently on the market? How will emerging technologies fulfil these unmet needs?
- What is physician perception and market outlook of Antacid?
- What are the challenges and barriers that have hindered widespread adoption of Antacid?
Global Antacid Market: Key Players
Some of the major leaders for the Antacid market include First Aid Only, WellSpring Pharm, GSK, Private Lable, Pfizer, Procter & Gamble, Glaxosmithkline, Boehringer Ingellheim Pharm, Novaritis Consurmer Health, Johnson & Johnson.
Reasons to buy Global Antacid Market Report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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