The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s antacids market report forecasts the antacids market size to grow to $10.65 Billion by 2027, with a CAGR (compound annual growth rate) of more than 2%.

Learn More On The Antacids Market Report 2023 – https://www.thebusinessresearchcompany.com/report/antacids-global-market-report

Antacids Market Size Forecast
The global antacids market is expected to grow from $9.19 billion in 2022 to $9.56 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global antacids market size is expected to grow to $10.65 billion in 2027 at a CAGR of 2.7%.

North America held the largest antacids market share, and Middle East was the fastest-growing region in 2022.

Key Antacids Market Driver ­– Higher Prevalence Of Acidity In Poor Lifestyle Choices
According to the American College of Gastroenterology, around 60 million Americans suffer from gastroesophageal reflux disease. This drives the demand for antacids.

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Key Antacids Market Trend – Adopting Mouth-Melting Antacid
Antacids were available in tablet, liquid, and powder form until now; however, researchers have now come up with mouth-melting antacids which are made up of micro-mouth melting granules that easily melt in the mouth. These granules present in the antacids act in the form of effervescent. An example of a mouth-melting instant relief antacid is Sunpharma’s ‘Pepmelt’, which integrates the effects of herbal constituents present in it with the contemporary mouth-melting technology.

Antacids Market Segment
1) Drug Class: Proton Pump Inhibitors, H2 Antagonist, Acid Neutralizers, Pro-Motility Agents
2) Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels
3) By Formulation Type: Tablet, Liquid, Powder, Other Formulation Types

Antacids Market Major Players and Strategies
Major players in the antacids market are GlaxoSmithKline PLC., Pfizer Inc., Bayer AG, Dr. Reddy’s Laboratories Ltd., and AstraZeneca PLC, Boehringer Ingelheim GmbH, Sun Pharmaceuticals Industries Ltd., Takeda Pharmaceutical Company Limited, Abbott Laboratories, and WellSpring Pharm.

The Antacids Global Market Report 2023 covers regional data on antacids market size, antacids market trends and drivers, opportunities, strategies, and antacids market competitor analysis. The countries covered in the antacids market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The antacids drugs refer to the drugs that are used to neutralize stomach acid, and treat acid reflux, heartburn, and indigestion. Antacids are medications that counteract (neutralise) your stomach’s acid to ease heartburn and indigestion. They are available without a prescription from pharmacies and stores and come in liquid or chewable tablet form. It includes drug classes such as proton pump inhibitors, H2 antagonists, surgical simulators, and acid neutralizers in the form of tablets, liquid, or powder.

View More Reports Related To The Antacids Market –
Oral Contraceptive Pills Global Market Report 2023
Hormonal Contraceptives Global Market Report 2023
Cough And Cold Preparations Global Market Report 2023

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