Antidiarrhoeals Market
Pharmaceuticals

How Will The Antidiarrhoeals Market Globally Expand In 2023?

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 antidiarrhoeals market report forecasts the antidiarrhoeals market size to grow to $4.31 Billion by 2027, with a CAGR (compound annual growth rate) of more than 2%.

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

Antidiarrhoeals Market Size Forecast
The global antidiarrhoeals market is expected to grow from $3.81 billion in 2022 to $3.94 billion in 2023 at a compound annual growth rate (CAGR) of 3.5%. 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 antidiarrhoeals market size is expected to grow to $4.31 billion in 2027 at a CAGR of 2.3%.

Key Antidiarrhoeals Market Driver ­– Rise In The Number Of Diarrhea Cases Significantly
According to UNICEF, diarrhea was the second leading cause of death among children under the age of 5 years that is responsible for killing 760,000 children every year. An increasing number of diarrheal cases increases the demand for antidiarrheal drugs.

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Key Antidiarrhoeals Market Trend – Merging And Acquisition
Major companies in the antidiarrheal drug market are merging with other companies in the market to increase their reach and market share. Companies merge with or acquire other companies to expand their market share, diversify their product portfolio, or acquire new technologies. For instance, GlaxoSmithKline agreed to acquire Novartis AG’s 36.5% stake in the consumer healthcare business for $ 13 billion to expand the market.

Antidiarrhoeals Market Segment
1) By Drug Class: Mucosal Protectants, Motility Modifying Drugs
2) By Application: Adults, Childrens
3) By Type: OTC drugs, Prescription Drugs 

Antidiarrhoeals Market Major Players and Strategies
Major players in the antidiarrhoeals market are GlaxoSmithKline, Actelion, Perrigo, Lupin and Glenmark Pharmaceuticals, Merck & Co., Pfizer, Proctor & Gamble, Sanofi Aventis and Bayer.

In March 2020, Arcadia Consumer Healthcare, Inc., a USA-based pharmaceutical company acquired the Kaopectate brand from Sanofi for an undisclosed amount. This acquisition enhanced Sanofi’s product portfolio by providing consumers with simple, efficacious, and high-quality solutions. Sanofi, is a France-based biopharmaceutical company focused on human health.

The Antidiarrhoeals Global Market Report 2023 covers regional data on antidiarrhoeals market size, antidiarrhoeals market trends and drivers, opportunities, strategies, and antidiarrhoeals market competitor 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.

The antidiarrheal drugs refer to drugs that relieve the frequent passing of a watery, loose stool, one of the symptoms of diarrhoea. According to their shared chemical or functional properties, antidiarrheal medications can generally be grouped into three groups: adsorbents, antimotility agents, and bacterial replacements (probiotics).

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