The article cited AMA's Global Ibuprofen Market Study explored substantial growth with CAGR of 20.3%. According the report, Adoption of Ibuprofen for Treating Mild Symptoms is one of the primary growth factors for the market. Increasing Geriatric Population is Fueling the Market of Ibuprofen is also expected to contribute significantly to the Ibuprofen market. Overall, Tablet
applications of Ibuprofen, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Ibuprofen market identified that the demand is rising in many different parts of the world as "Growing Number of Online Portals is creating an Opportunity for Ibuprofen Market
". Furthermore, some recent industry insights like "In August 2021,Alkem Laboratories has launched Ibuprofen and Famotidine tablets in the strenght of 800 mg/26.6 mg in the United States, following an approval from the United States" is constantly making the industry dynamic. One of the challenges that industry facing is "High Competition Due to the Presence of Major Companies and Lack of Awareness about the Ibuprofen"
The End users, such as Adults, is boosting the Ibuprofen market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Ibuprofen market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Ibuprofen market and other related sub-markets covered in the study.
o Key & emerging players in the Ibuprofen market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Ibuprofen market size is calculated using market estimation process, the Ibuprofen market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Ibuprofen market size has been validated using both top-down and bottom-up approaches.