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

As per The Business Research Company’s Antidiarrhoeals Global Market Report 2023, the antidiarrhoeals market is expected to show significant growth in the forecast period.

Key insights from the antidiarrhoeals market forecast include:

1. Market Size

The worldwide antidiarrheals market is projected to increase from $3.81 billion in 2022 to $3.94 billion in 2023, with a 3.5% CAGR. By 2027, it’s expected to reach $4.31 billion, growing at a 2.3% CAGR.

2. Major Driver

An uptick in diarrhea cases is a key driver of antidiarrheal drug market growth. UNICEF reports diarrhea as the second leading cause of death for under-5 children, claiming 760,000 lives yearly. Rising cases fuel demand for antidiarrheal drugs.

View More On The Antidiarrhoeals Market Report 2023 – https://www.thebusinessresearchcompany.com/report/antidiarrhoeals-global-market-report

3. Key Trend

Key players in the antidiarrheal drug market engage in mergers to broaden their market presence. These mergers aim to enhance market share, diversify product offerings, or access new technologies. For instance, GlaxoSmithKline acquired Novartis AG’s 36.5% stake in the consumer healthcare business for $13 billion to expand its market footprint.

4. Largest Region

North America was the largest region in the antidiarrhoeals market in 2022.

5. Major Players

Major players in the food diagnostics market are GlaxoSmithKline, Actelion, Perrigo, Lupin and Glenmark Pharmaceuticals, Merck & Co., Pfizer, Proctor & Gamble, Sanofi Aventis and Bayer.

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Key Antidiarrhoeals Market Segments
The global antidiarrhoeals market is segmented –
1) By Drug Class: Mucosal Protectants, Motility Modifying Drugs
2) By Application: Adults, Childrens
3) By Type: OTC drugs, Prescription Drugs

The Antidiarrhoeals Global Market Report 2023  provides an in-depth analysis on the antidiarrhoeals market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the antidiarrhoeals 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.

View More Related Reports –
Antidepressants Global Market Report 2023
AntiAsthmatics And COPD Drugs Global Market Report 2023
Anemia And Other Blood Disorder Drugs Global Market Report 2023

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