Acumen Research and Consulting has published a new report titled "Antacids Market (By Dosage Form: Tablet, Liquid, Others; By Distribution Channel: Retail Pharmacy, Hospital Pharmacy, Online Pharmacy) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026". The worldwide antacids market size likely to surpass around USD 8.4 billion by 2026, this market is foreseen to develop with 4.4% CAGR during the forecast time period.
Changing dietary propensities is one of the main considerations expected to fuel the development forthcoming years. Also irregular eating and sleeping patterns are the other region which may drive acidy in the population, which is projected to drive the growth of the market.
Expanding commonness of Gastro Esophageal Reflux Diseases (GERD) is relied upon to influence the general market over the forthcoming years. As per the Gut journal, distributed by the International Foundation for Gastrointestinal Disorders; in 2017, the pervasiveness of GERD was around 18% to 28% in North America, 9% to 26% in Europe, 3% to 8% in East Asia, 9% to 33% in Middle East, 12% in Australia, and 23% in South America.
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Besides, expanding mindfulness about GERD is foreseen to help the stomach settling agents market. As per an article distributed in the International Foundation for Gastrointestinal Disorders, the nineteenth Annual GERD Awareness Week was in November, 2018 which gave data and support in regards to this condition. Additionally, International Foundation for Functional Gastrointestinal Disorders (IFFGD) supports patients experiencing GERD-related side effects, to counsel their doctors.
Also, expanding commonness of acid reflux is assessed to influence the market over the forthcoming years. As per an article distributed in the Medical Xpress, an online restorative and health news benefit; in 2017, specialists from the University of Michigan recognized that indigestion and acid reflux influenced over 20% of the U.S. populace.
The global Antacids market is segmented into dosage form, distribution channel and region.On the basis dosage form, the global Antacids market is segmented into tablet, liquid, and others. On the basis distribution channel, the global antacids market is segmented into retail pharmacy, hospital pharmacy, and online pharmacy. On the basis of region the global Antacids market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.
Tablet was evaluated to be the biggest segment in 2018. Nearness of chewable tablets in various flavors enhances quiet adherence to the drug, which thusly is required to add to development of the portion. Tablets can give the correct measure of dose to the patients contrasted with other dose structures and they are anything but difficult to store. These components can be credited to the segment development over the forthcoming years. Other key drivers expected to encourage the segment development incorporate dispatch of new product by real players.
Fluid segment is relied upon to be the quickest developing portion in the general market forthcoming years. Nearness of key players, for example, Pfizer Inc.; GlaxoSmithKline plc. Furthermore, Dabur offering fluid acid neutralizer, is evaluated to help the segment development. Furthermore, fluid dose shape is one of favoured decisions for youngsters and older populace because of its acceptable taste. This factor is additionally foreseen to look good for market development.
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Asia Pacific is required to be the biggest and quickest developing provincial segment amid the forthcoming years inferable from high neglected clinical necessities, accessibility of compelling treatment techniques, rising disposable income, and purchaser mindfulness about the accessibility of these product. Likewise, the nearness of key players, for example, Pfizer Inc.; GlaxoSmithKline plc.;Abbott is foreseen to develop the market over the forthcoming years. Enhancing healthcare system, and developing speculations by market players is relied upon to build its development.
North America is assessed to be the second biggest developing portion. This was credited to expanding stomach related confusion pervasiveness combined with purchaser attention to acid neutralizer product. In 2017, as indicated by the CDC, the quantity of visits in crisis offices with stomach related framework infections as the essential analysis was around 32.3 million. Moreover, the nearness of developed economies inside the region is adding fuel to its development in this region.
Some of the main key palyers associated with the antacids market are Procter & Gamble; laxoSmithKline plc;Pfizer Inc.;Bayer AG;Takeda Pharmaceutical Company Limited;BoehringerIngelheim International GmbH;Sun Pharmaceuticals Ltd.;Dr. Reddy’s Laboratories Ltd.;Reckitt Benckiser Group plc;and Sanofi.
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