Antacids Market Growth Prospect, End-User Analysis and Future Projections till 2025
The scope of the global Antacids Market was appreciated at US$ 5.83 billion in 2017. The range is projected to touch US$ 7.91 billion by 2025, growing at a CAGR of 3.9% for the duration of the forecast. This could be due to increase in geriatric population encountering GERD (Gastroesophageal reflux disease), poor eating habits causing acidity, and the ill-effects of anti-inflammatory, non-steroidal drugs.
The scope of the global Antacids Market was appreciated at US$ 5.83 billion in 2017. The range is projected to touch US$ 7.91 billion by 2025, growing at a CAGR of 3.9% for the duration of the forecast. This could be due to increase in geriatric population encountering GERD (Gastroesophageal reflux disease), poor eating habits causing acidity, and the ill-effects of anti-inflammatory, non-steroidal drugs.
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Antacids Market Growth Prospect, End-User
Analysis and Future Projections till 2025
“The range is projected to touch US$ 7.91 billion by 2025, growing at a CAGR of 3.9% for the duration of the
forecast. This could be due to increase in geriatric population encountering GERD (Gastroesophageal reflux
disease), poor eating habits causing acidity, and the ill-effects of anti-inflammatory, non-steroidal drugs.”
The scope of the global Antacids Market was appreciated at US$ 5.83 billion in 2017. The range is projected to touch
US$ 7.91 billion by 2025, growing at a CAGR of 3.9% for the duration of the forecast. This could be due to increase in
geriatric population encountering GERD (Gastroesophageal reflux disease), poor eating habits causing acidity, and
the ill-effects of anti-inflammatory, non-steroidal drugs.
It’s a known fact that amongst the elderly populace, there is a recurrence of acidic complications. This comes across
as a challenge for gastroenterologist as well as the primary care provider. Plus, these patients do suffer from disorders
like erosive esophagitis, esophageal cancer, and Barrett esophagus. The treatment herein needs an amalgamation of
therapies. This is where antacids come into picture.
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Besides, growth in e-Commerce is expected to drive demand for antacids via online retailing channels in the
subsequent years. In other words, growing popularity on the part of e-Commerce coupled with increase in online
medicine providers is expected to bolster the market. At the same time, restraints do exist in the form of intake by
young children. “Gut” journal states that young children displayed obesity symptoms on intake of antacids. As far as
infants are concerned, antacids are a strict “no-no”. Even during pregnancy antacids should be avoided as chances of
pre-mature birth can’t be ruled out.
The antacids market is segmented on the basis of drug class, type of formulation, distribution channel, and
geography. By drug class, the segmentation spans proton pump inhibitors, H2 antagonist (interventional/surgical
simulators), and acid neutralizers. By type of formulation, the antacids industry comprises tablet, liquid, and powder.
By distribution channel, it consists of retail pharmacies, hospital pharmacies, and the other distribution channels. By
geography, the antacid market is segmented into North America, LATAM, Asia Pacific, Europe, and MEA.
The players contributing to the antacids market include Bayer AG, AstraZeneca PLC, Sanofi S.A., Reckitt Benckiser
Group PLC, Procter & Gamble, Pfizer Inc., Johnson & Johnson, and Dr. Reddy’s Laboratories Ltd.
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Market Segment:
Antacid Dosage Form Outlook (Revenue, USD Million, 2014 - 2025)
• Tablet
• Liquid
• Others
Antacid Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025)
• Hospital Pharmacy
• Retail Pharmacy
• Online Pharmacy
Antacid Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• Japan
• China
• India
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa
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