Global Antacids Market poised to grow at a CAGR of 4.0% 2018 to 2024
We have produced a new premium report Antacids Market. The report covers the analysis of global as well as regional markets of Antacids. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Antacids Market by drug class (proton pump inhibitor, H2 antagonist and acid neutralizers), by formulations (tablet, liquid and powder), by distribution channel (hospital pharmacy, retail pharmacy and online pharmacy) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.
The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Antacids Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Antacids Market are WellSpring Pharm, Private Lable, GSK, Johnson & Johnson, Novartis Consurmer Health, Boehringer Ingelheim Pharm, GlaxoSmithKline, Procter & Gamble, Pfizer and First Aid Only.
There are side effects associated with the more use of antacids. However, self-medication is still the key trend in the market which is also anticipated to further drive the global antacids market over the forecast period. Moreover, factors responsible for the growth self-medication are easy availability of over the counter antacids, acidity and occasional heartburn.
Increasing Geriatric Population
Increasing geriatric population around the world is the major driving factor responsible for the growth of the antacids market. According to data from World Population Prospects 2017, the number of older persons those aged 60 years or over are 962 million globally in 2017 comprising about 13 %of the global population, which is expected to be more than double accounting for nearly 1.5 billion by the end of 2030. Moreover, rising popularity of e-commerce and increase in the number of online medicine providers is expected to further drive the global antacids market over the forecast period.
North America region is the largest consumer among the geographies followed by Europe while APAC to grow at a highest CAGR
The global Antacids market has been dominated by the North America region over the historic period 2015-16 followed by Europe. Growing incidences of gastro esophageal reflux disease and increasing geriatric population is the prime factor responsible for the growth of antacids market in this region. Furthermore, the Asia-Pacific region is expected to grow at a highest CAGR over the period of 2018 to 2024. Moreover, improvement in healthcare facilities and increasing aging population are anticipated to boost the market for Antacids
Reasons to buy this report
Comprehensive analysis of global as well as regional markets of Antacids. Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company. Infinium Global Research- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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