Global Antacid Market Growth 2023-2029

Global Antacid Market Growth 2023-2029

Product Code:456205

Published Date: Feb 08,2023

Pages: 109

Region: Global

Category: Pharma & Healthcare

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Antacids are the most commonly used product for treating heartburn discomfort. And because they start to work in seconds, they're also the fastest way to relieve your symptoms. Available without a prescription, antacids are available in convenient chewable tablets or as a liquid. Most are relatively inexpensive, making antacids a popular product for fast relief. Antacids are the fastest acting heartburn relief available because they start to weaken the acid in your stomach the second they reach it. The weaker the acid in your stomach, the less likely it is to give you heartburn. The longer an antacid stays in the stomach, the longer it works. And having some food in your stomach may actually prolong an antacid’s effect. Most antacids contain at least one of these key ingredients: calcium carbonate, magnesium hydroxide, aluminum hydroxide and/or sodium bicarbonate.

LPI (LP Information)' newest research report, the “Antacid Industry Forecast” looks at past sales and reviews total world Antacid sales in 2022, providing a comprehensive analysis by region and market sector of projected Antacid sales for 2023 through 2029. With Antacid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Antacid industry.

This Insight Report provides a comprehensive analysis of the global Antacid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Antacid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Antacid market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Antacid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Antacid.

The global Antacid market size is projected to grow from US$ 6083.7 million in 2022 to US$ 7700.2 million in 2029; it is expected to grow at a CAGR of 7700.2 from 2023 to 2029.

Global Antacid key players include CONBA, Bayer, Xiuzheng Pharma, Pfizer, GlaxoSmithKline, etc. Global top five manufacturers hold a share over 35%.

Asia-Pacific is the largest market, with a share over 35%, followed by Europe, and North America, both have a share about 55 percent. 
In terms of product, Proton Pump Inhibitor is the largest segment, with a share over 50%. And in terms of application, the largest application is OTC Drug, followed by Rx Drug.

This report presents a comprehensive overview, market shares, and growth opportunities of Antacid market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Proton Pump Inhibitor
    H2 Antagonist
    Acid Neutralizers

Segmentation by application
    OTC Drug
    Rx Drug

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    AstraZeneca
    Takeda Pharmaceutical
    Pfizer
    Reckitt Benckiser
    Bayer
    Procter&Gamble
    GlaxoSmithKline
    Johnson&Johnson
    CONBA
    Xiuzheng Pharma
    Sanofi
    Bausch Health
    CR SANJIU
    Reddy's Laboratories

Key Questions Addressed in this Report
What is the 10-year outlook for the global Antacid market?
What factors are driving Antacid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Antacid market opportunities vary by end market size?
How does Antacid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?