What is Antacid Tablet Market?
The antacid tablet is a tablet used to treat the symptoms of too much stomach acid which leads into stomach upset, heartburn and acid indigestion. These tablets work only on existing acid in the stomach and it does not prevent acid production. It is available over the counter and it is taken by mouth to relieve the symptoms. The excessive amount of acid production in the stomach affects the natural mucous barrier that protects the lining of the stomach and can damage the esophagus. Antacid tablet contains alkaline ions that chemically neutralize the gastric acid.
The market study is being classified by Type (Ca-based, Mg-based and Mixed), by Application (In-Patient and Out-Patient) and major geographies with country level break-up.
GlaxoSmithKline (United Kingdom), Boehringer Ingelheim Pharmaceuticals (Germany), Bayer (Germany), WellSpring Pharmaceutical Corporation (United States), Reckitt Benckiser Group plc. (United Kingdom), AstraZeneca (United Kingdom), Bausch Health (Canada), Sanofi (France), Pfizer Inc. (United States) and Johnson & Johnson (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Sun Pharmaceuticals Ltd. (India), Procter & Gamble (United States), Dr. Reddy’s Laboratories Ltd. (India) and Takeda Pharmaceutical Company Ltd. (Japan).
Research Analyst at AMA predicts that Global Players will contribute to the maximum growth of Global Antacid Tablet market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Antacid Tablet market by Type, Application and Region.
On the basis of geography, the market of Antacid Tablet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Prevalence of Acidity and Heartburn
- Rising Health Awareness among the People
Market Trend
- Demand for Tablets with Less Side Effects
Restraints
- Side Effects Associated With Antacid Tablets
Opportunities
- Rise in the Geriatric Population Worldwide
- Over The Counter Availability of the Tablets
Challenges
- Limitations of the Antacid Tablets
Key Target Audience
Antacid Tablet Manufacturers, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user