Growth Opportunities and Trends in the Effervescent Tablet Market: Key Insights for 2025-2034
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What fueled the previous growth in the effervescent tablet market?
In recent times, the effervescent tablet market has witnessed robust growth. The market, which is projected to be worth $36.41 billion in 2024, will increase to $39.97 billion in 2025, growing at a compound annual growth rate (CAGR) of 9.8%. The growth observed in the previous period can be traced back to initial breakthroughs in pharmaceuticals, advances in medical science, trending health concerns among consumers, the ease and preference of consumers, as well as marketing and branding tactics.
What will be the effervescent tablet market size in the future?
In the coming years, the market size of effervescent tablets is anticipated to experience swift expansion, reaching $60.99 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 11.1%. The projected growth during this period can be associated with the preference for easy-to-use dosage forms, developments in formulations, the inclination of consumers towards novelty, endorsements by health professionals, and changes in demographic patterns. Key trends during the forecast period are expected to be the market value construct, factors affecting cost, growth speed, distribution channels and advancements in technology.
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What main drivers are fueling expansion in the effervescent tablet market?
The escalating rates of chronic illnesses are anticipated to fuel the expansion of the effervescent tablets market. Chronic ailments, typically persist for three months or longer and their severity may escalate over time. The most common of these include cancer, heart disease, stroke, diabetes, and arthritis. In managing chronic disorders such as diabetes, cancer, and heart disease, effervescent tablets play a crucial role, acting as a powerful antioxidant that enhances blood antioxidant levels and aids in lowering the chance of persistent diseases. For example, research published by the American Cancer Society, a health organization based in the US, suggested in January 2022 that an estimated 609,360 cancer fatalities and 1.9 million fresh instances of cancer are expected in 2022 in the US, averaging around 1,670 deaths daily. Hence, the soaring prevalence of chronic diseases is spurring the growth of the effervescent tablets market.
What key areas define the segmentation of the global effervescent tablet market?
The effervescent tablet market covered in this report is segmented –
1) By Product: Medication, Supplements
2) By Methods: Dry Methods, Wet Granulation
3) By Indication: Diuretics, Pain Management, Gastric Disorders, Respiratory Diseases, Other Indications
4) By Application: Dental Products, Dietary Supplements, Pharmaceutical, Other Applications
5) By End-User: Hospitals, Specialty Clinics, Homecare, Other End-Users
Subsegments:
1) By Medication: Pain Relief Tablets, Cold And Flu Remedies, Digestive Health Tablets, Antacids
2) By Supplements: Vitamin And Mineral Supplements, Electrolyte Supplements, Herbal Supplements, Energy And Sports Supplements
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Who are the dominant players expanding their reach in the effervescent tablet market?
Major companies operating in the effervescent tablet market are Bayer AG, Hermes Arzneimittel GmbH, GlaxoSmithKline PLC, Reckitt Benckiser Group PLC, Bristol-Myers Squibb Company, Bliss GVS Pharma Limited, Herbalife International Inc., Amerilab Technologies Inc., Pfizer Inc., Novartis AG, Perrigo Company PLC, Chiesi Farmaceutici SpA, SG Biopharm Pvt. Ltd., Tower Laboratories Ltd., American Health, By-health Co. Ltd., Vitabiotics Ltd., Prestige Brands Inc., Nuun and Company Inc., Amway Corp, GNC Holdings Inc., Sanofi SA, Merck KGaA, Roche Holding AG, Johnson & Johnson, Nestle SA, Dr Reddy’s Laboratories Ltd.
How are evolving market trends shaping effervescent tablet Strategies?
The rise in technological progress is a significant trend gaining traction in the effervescent tablet industry. Key market players are focusing on developing novel manufacturing methods to maintain their standing in the effervescent tablet market. As an illustration, in April 2022, Health Innovations Ltd., a healthcare supplement manufacturer based in the UK, introduced EfferShield technology. This patented technology applies to effervescent tablets and powders and is offered in single-use pouches and stick-pack packaging. This allows consumers to receive more adaptable and handy packaging options, which can likely be recycled and composted at home.
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Which regions are emerging as leaders in the effervescent tablet market?
North America was the largest region in the effervescent tablets market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the effervescent tablet market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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