The antacids market size is poised to grow by USD 9.64 billion by 2032 from USD 9.64 billion in 2023, exhibiting a CAGR of 3.30% during the forecast period 2023-2032.
Key Takeaways
- North America contributed the highest revenue share in 2022.
- Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By mechanism of action, the non-systemic antacid segment has held the largest market share of 70% in 2022 and is anticipated to grow at a remarkable CAGR between 2023 and 2032.
- By formulation type, the tables segment generated the highest revenue share in 2022.
- By formulation type, the liquids segment is expected to expand at the fastest CAGR over the projected period.
- By distribution channel, the drug store & retail pharmacies segment generated the highest revenue share in 2022.
- By distribution channel, the online providers segment is expected to expand at the fastest CAGR over the projected period.
Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Antacids market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.
To begin with, the Antacids Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.
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Antacids Market Scope
Report Coverage | Details |
Market Size in 2023 | USD 7.20 Billion |
Market Size by 2032 | USD 9.64 Billion |
Growth Rate from 2023 to 2032 | CAGR of 3.30% |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Mechanism of Action, By Formulation Type, and By Distribution Channel |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Antiscalants Market Size To Gain USD 6.85 Bn by 2032
The empirical study on the global Antacids market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Antacids Market. Our market report for the Antacids market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.
Antacids Market Players
- Infirst Healthcare Inc.
- Bayer AG
- Pfizer Inc.
- Abbott Laboratories
- Cipla Ltd
- Reckitt Benckiser Group PLC
- WellSpring Pharmaceutical Corporation
- Prestige Consumer Healthcare Inc.
- Alkem Laboratories Ltd.
- Haleon plc
Data Sources and Methodology
To gather comprehensive insights on the Global Antacids Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Antacids Market.
The most resonating, simple, genuine, and important causes because of which you must decide to buy the Antacids market report exclusively from precedence research
- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Mechanism of Action
- Systemic Antacids
- Non-systemic Antacids
By Formulation Type
- Tablets
- Liquids
- Others
By Distribution Channel
- Hospital pharmacies
- Drug stores and retail pharmacies
- Online providers
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Reasons to Consider Purchasing the Report:
- Enhance your market research capabilities by accessing this comprehensive and precise report on the global Antacids market.
- Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
- Benefit from in-depth research and analysis of the latest trends shaping the global Antacids market.
- Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Antacids market.
- Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
- Discover not only the cutting-edge technological advancements in the global Antacids market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Antacids Market
5.1. COVID-19 Landscape: Antacids Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Antacids Market, By Mechanism of Action
8.1. Antacids Market Revenue and Volume, by Mechanism of Action, 2023-2032
8.1.1 Systemic Antacids
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Non-systemic Antacids
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Antacids Market, By Formulation Type
9.1. Antacids Market Revenue and Volume, by Formulation Type, 2023-2032
9.1.1. Tablets
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Liquids
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Others
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Antacids Market, By Distribution Channel
10.1. Antacids Market Revenue and Volume, by Distribution Channel, 2023-2032
10.1.1. Hospital pharmacies
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Drug stores and retail pharmacies
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Online providers
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Antacids Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Mechanism of Action (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Formulation Type (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by Distribution Channel (2020-2032)
Chapter 12. Company Profiles
12.1. Infirst Healthcare Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Bayer AG
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Pfizer Inc.
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Abbott Laboratories
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Cipla Ltd
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Reckitt Benckiser Group PLC
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. WellSpring Pharmaceutical Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Prestige Consumer Healthcare Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Alkem Laboratories Ltd.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Haleon plc
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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