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What key factors are powering the surge in the antacids market right now?

Over the past few years, the size of the antacids market has shown consistent expansion. The market, which stands at $9.54 billion in 2024, is projected to rise to $9.9 billion in 2025, portraying a compound annual growth rate (CAGR) of 3.8%. Factors contributing to the observed growth during the historic period include historical pricing and availability, changes in diet patterns, prevailing economic conditions and lifestyle adaptations, progression in medical technology, and awareness along with historical shifts in population demographics.

How fast Is the antacids market expected to grow, and what’s its future value?

The expansion of the robotic sensors market is projected to increase rapidly in the coming years, reaching $4.36 billion by 2029 with a compound annual growth rate of 12.1%. Factors contributing to the growth during the projection period include the emergence of service robotics, integration into agricultural robotics, usage in consumer electronics, invention of AI-enabled robots, and emphasis on sensor fusion. The main trends during the prediction period comprise advances in sensor technology, incorporation of artificial intelligence (AI), the rise of edge computing for sensor data management, multi-sensor fusion for comprehensive understanding, and robotic sensors for environmental monitoring.

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What are the leading drivers of growth in the antacids market?

The antacids market is seeing significant growth due to poor lifestyle decisions that lead to an increased occurrence of acidity. These poor decisions include sedentary occupations, inadequate sleep quality, and inconsistent eating habits. These factors spike the acidity level in the stomach, leading to gastroesophageal reflux disease. As per the American College of Gastroenterology, approximately 60 million Americans are affected by this disease, resulting in a surge in the need for antacids.

What are the key segments defining the antacids market?

The antacids market covered in this report is segmented –

1) By Drug Class: Proton Pump Inhibitors, H2 Antagonist, Acid Neutralizers, Pro-Motility Agents

2) By Formulation Type: Tablet, Liquid, Powder, Other Formulation Types

3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels

Subsegments:

1) By Proton Pump Inhibitors (PPIs): Omeprazole, Esomeprazole, Lansoprazole, Pantoprazole, Rabeprazole

2) By H2 Antagonists: Ranitidine, Famotidine, Cimetidine, Nizatidine

3) By Acid Neutralizers: Antacids, Sodium Bicarbonate

4) By Pro-Motility Agents: Metoclopramide, Domperidone

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Who are the key players steering the development of the antacids market?

Major companies operating in the antacids market include Walmart Equate LLC, Private Label, Pfizer Inc, Bayer AG, Sanofi S.A., Abbott Laboratories, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Boehringer Ingelheim GmbH, Reckitt Benckiser Group plc, WellSpring Pharmaceutical Corporation, Xiuzheng Pharmaceutical Group Company Limited, Bausch Health Companies Inc., Sun Pharmaceuticals Industries Ltd., Dr. Reddy’s Laboratories Ltd., Hikma Pharmaceuticals plc, Alkem Laboratories Ltd., Conba Group Co. Ltd., Chattem Chemicals Inc., China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Thornton and Ross Ltd., McNeil Consumer Pharmaceuticals Co., Advance Pharmaceutical Inc.

What emerging trends are influencing the growth of the antacids market?

The popularity of dissolvable antacids is on the rise in the antacid industry. Traditionally, antacids have been produced in tablet, liquid, and powder variations. However, current innovations have introduced dissolvable antacids composed of minute granules that dissolve effortlessly in the mouth. The granules within these antacids function similarly to effervescent substances. A representation of such instant relief dissolvable antacids is ‘Pepmelt’, a product of Sun Pharma, which merges the benefits of herbal components with the state-of-the-art mouth-dissolving technology.

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Which regions are most influential in expanding the antacids market?

North America was the largest region in the antacids market in 2024. The Middle East is expected to be the fastest-growing region in the global antacids market share. The regions covered in the antacids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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