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Antacids Market Size, Share & Trends Analysis Report By Type (Tablet, Liquid), By End-use (Retail Pharmacy, Hospital Pharmacy), By Region, And Segment Forecasts, 2023 - 2030

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    Report

  • 90 Pages
  • September 2023
  • Region: Global
  • Grand View Research
  • ID: 5893104
Description Jump to:
The global antacids market size is expected to reach USD 8.79 billion by 2030, registering a CAGR of 3.7% during the forecast period The trend of self-medication for occasional heartburn is one of the major factors driving the market.

Growing geriatric population is expected to positively impact the overall market for antacid. According to the United Nations Department of Economic And Social Affairs (DESA), the global elderly population (60 years and above), was around 962 million in 2017. This number is expected to grow at the fastest rate in Latin America with 71% increase in population aged 60 and over, followed by Asia with 66%, Africa with 64%, North America with 41%, and Europe with 23%.

Key players operating in antacid market focus on product enhancement to cater to patient requirements, such as changing the dosage form into chewable tablets, powder, and jelly. Also, these players are involved in collaborations and acquisitions to expand their market presence. For instance, in 2017, Pfizer, Inc. entered into a strategic agreement with AstraZeneca to acquire one of the antacid brands, Neksium for a value of INR 75 crores in India to boost its product portfolio.

The easy availability of antacids over-the-counter offer growth opportunities for the sales of overall market. Some of the key players areGlaxoSmithKline plc; AstraZeneca; Pfizer, Inc.; Sun Pharmaceuticals Industries Ltd.; Dr. Reddy’s Laboratories Ltd.; Bayer AG; Takeda Pharmaceutical Company Limited.

Antacids Market Report Highlights

  • In 2022, tablet segment led the antacid market due to high efficacy compared to other dosage forms. Liquid is anticipated to be the fastest growing segment due to its palatable taste and preferred choice for children and elderly population
  • Retail pharmacy led the distribution channel segment due its accessibility and availability. Online pharmacy is anticipated to be the fastest growing segment due to growing adoption of Pharma 3.0 and consumer awareness
  • Asia Pacific is estimated to be the fastest growing region over the forecast period due to presence of key players such as GlaxoSmithKline plc; Pfizer Inc.; and Abbott among others
  • North America held the largest market share in 2022 owing to increasing prevalence of different digestive disorders

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Type
1.1.2. End-use
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Type outlook
2.2.2. End-use outlook
2.2.3. Regional outlook
2.3. Competitive Insights
Chapter 3. Antacids Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Market Dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Antacids Market Analysis Tools
3.4.1. Industry Analysis - Porter’s
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political landscape
3.4.2.2. Technological landscape
3.4.2.3. Economic landscape
Chapter 4. Antacids Market: Type Estimates & Trend Analysis
4.1. Antacids Market: Key Takeaways
4.2. Antacids Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Tablet
4.3.1. Tablet market estimates and forecasts, 2018 to 2030 (USD Million)
4.4. Liquid
4.4.1. Liquid market estimates and forecasts, 2018 to 2030 (USD Million)
4.5. Others
4.5.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Antacids Market: End-use Estimates & Trend Analysis
5.1. Antacids Market: Key Takeaways
5.2. Antacids Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Hospital Pharmacy
5.3.1. Hospital pharmacy market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Retail Pharmacy
5.4.1. Retail pharmacy market estimates and forecasts, 2018 to 2030 (USD Million)
5.5. Online Pharmacy
5.5.1. Online Pharmacy market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Antacids Market: Regional Estimates & Trend Analysis
6.1. Regional Outlook
6.2. Antacids Market by Region: Key Takeaways
6.3. North America
6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.3.2. U.S.
6.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.3.3. Canada
6.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4. Europe
6.4.1. UK
6.4.1.1. f
6.4.2. Germany
6.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.3. France
6.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.4. Italy
6.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.5. Spain
6.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.6. Denmark
6.4.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.7. Sweden
6.4.7.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.4.8. Norway
6.4.8.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5. Asia Pacific
6.5.1. Japan
6.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.2. China
6.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.3. India
6.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.4. Australia
6.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.5. Thailand
6.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.5.6. South Korea
6.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6. Latin America
6.6.1. Brazil
6.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6.2. Mexico
6.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.6.3. Argentina
6.6.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7. MEA
6.7.1. South Africa
6.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7.2. Saudi Arabia
6.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7.3. UAE
6.7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
6.7.4. Kuwait
6.7.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Market Participant Categorization
7.2.1. GlaxoSmithKline plc.
7.2.1.1. Company overview
7.2.1.2. Financial performance
7.2.1.3. Product benchmarking
7.2.1.4. Strategic initiatives
7.2.2. Bayer AG
7.2.2.1. Company overview
7.2.2.2. Financial performance
7.2.2.3. Product benchmarking
7.2.2.4. Strategic initiatives
7.2.3. Pfizer, Inc.
7.2.3.1. Company overview
7.2.3.2. Financial performance
7.2.3.3. Product benchmarking
7.2.3.4. Strategic initiatives
7.2.4. Boehringer Ingelheim International GmbH
7.2.4.1. Company overview
7.2.4.2. Financial performance
7.2.4.3. Product benchmarking
7.2.4.4. Strategic initiatives
7.2.5. Dr. Reddy’s Laboratories Ltd.
7.2.5.1. Company overview
7.2.5.2. Financial performance
7.2.5.3. Product benchmarking
7.2.5.4. Strategic initiatives
7.2.6. Reckitt Benckiser Group plc.
7.2.6.1. Company overview
7.2.6.2. Financial performance
7.2.6.3. Product benchmarking
7.2.6.4. Strategic initiatives
7.2.7. Sanofi
7.2.7.1. Company overview
7.2.7.2. Financial performance
7.2.7.3. Product benchmarking
7.2.7.4. Strategic initiatives
7.2.8. Sun Pharmaceuticals Ltd.
7.2.8.1. Company overview
7.2.8.2. Financial performance
7.2.8.3. Product benchmarking
7.2.8.4. Strategic initiatives
7.2.9. Takeda Pharmaceutical Company Limited
7.2.9.1. Company overview
7.2.9.2. Financial performance
7.2.9.3. Product benchmarking
7.2.9.4. Strategic initiatives
7.2.10. Procter & Gamble
7.2.10.1. Company overview
7.2.10.2. Financial performance
7.2.10.3. Product benchmarking
7.2.10.4. Strategic initiatives
List of Tables
Table 1 List of Abbreviations
Table 2 North America antacids market, by type, 2018 - 2030 (USD Billion)
Table 3 North America antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 4 North America antacids market, by region, 2018 - 2030 (USD Billion)
Table 5 U.S. antacids market, by type, 2018 - 2030 (USD Billion)
Table 6 U.S. antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 7 Canada antacids market, by type, 2018 - 2030 (USD Billion)
Table 8 Canada antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 9 Europe antacids market, by type, 2018 - 2030 (USD Billion)
Table 10 Europe antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 11 Europe antacids market, by region, 2018 - 2030 (USD Billion)
Table 12 Germany antacids market, by type, 2018 - 2030 (USD Billion)
Table 13 Germany antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 14 UK antacids market, by type, 2018 - 2030 (USD Billion)
Table 15 UK antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 16 France antacids market, by type, 2018 - 2030 (USD Billion)
Table 17 France antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 18 Italy antacids market, by type, 2018 - 2030 (USD Billion)
Table 19 Italy antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 20 Spain antacids market, by type, 2018 - 2030 (USD Billion)
Table 21 Spain antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 22 Sweden antacids market, by type, 2018 - 2030 (USD Billion)
Table 23 Sweden antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 24 Norway antacids market, by type, 2018 - 2030 (USD Billion)
Table 25 Norway antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 26 Denmark antacids market, by type, 2018 - 2030 (USD Billion)
Table 27 Denmark antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 28 Asia Pacific antacids market, by type, 2018 - 2030 (USD Billion)
Table 29 Asia Pacific antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 30 Asia Pacific antacids market, by region, 2018 - 2030 (USD Billion)
Table 31 China antacids market, by type, 2018 - 2030 (USD Billion)
Table 32 China antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 33 Japan antacids market, by type, 2018 - 2030 (USD Billion)
Table 34 Japan antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 35 India antacids market, by type, 2018 - 2030 (USD Billion)
Table 36 India antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 37 Australia antacids market, by type, 2018 - 2030 (USD Billion)
Table 38 Australia antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 39 Thailand antacids market, by type, 2018 - 2030 (USD Billion)
Table 40 Thailand antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 41 South Korea antacids market, by type, 2018 - 2030 (USD Billion)
Table 42 South Korea antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 43 Latin America antacids market, by type, 2018 - 2030 (USD Billion)
Table 44 Latin America antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 45 Latin America antacids market, by region, 2018 - 2030 (USD Billion)
Table 46 Brazil antacids market, by type, 2018 - 2030 (USD Billion)
Table 47 Brazil antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 48 Mexico antacids market, by type, 2018 - 2030 (USD Billion)
Table 49 Mexico antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 50 Mexico antacids market, by application, 2018 - 2030 (USD Billion)
Table 51 Argentina antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 52 Argentina antacids market, by application, 2018 - 2030 (USD Billion)
Table 53 Middle East and Africa antacids market, by type, 2018 - 2030 (USD Billion)
Table 54 Middle East and Africa antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 55 Middle East and Africa antacids market, by region, 2018 - 2030 (USD Billion)
Table 56 South Africa antacids market, by type, 2018 - 2030 (USD Billion)
Table 57 South Africa antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 58 Saudi Arabia antacids market, by type, 2018 - 2030 (USD Billion)
Table 59 Saudi Arabia antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 60 Saudi Arabia antacids market, by application, 2018 - 2030 (USD Billion)
Table 61 UAE antacids market, by type, 2018 - 2030 (USD Billion)
Table 62 UAE antacids market, by end-use, 2018 - 2030 (USD Billion)
Table 63 Kuwait antacids market, by type, 2018 - 2030 (USD Billion)
Table 64 Kuwait antacids market, by end-use, 2018 - 2030 (USD Billion)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approach
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Antacids: Market outlook
Fig. 9 Antacids: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Antacids market driver impact
Fig. 15 Antacids market restraint impact
Fig. 16 Antacids market strategic initiatives analysis
Fig. 17 Antacids market: Type movement analysis
Fig. 18 Antacids market: Type outlook and key takeaways
Fig. 19 Tablet market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 20 Liquid market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 21 Others market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 22 Antacids market: End-use class movement analysis
Fig. 23 Antacids market: End-use outlook and key takeaways
Fig. 24 Hospital pharmacy market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 25 Retail pharmacy market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 26 Online pharmacy market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 27 Others market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 28 Global antacids market: Regional movement analysis
Fig. 29 Global antacids market: Regional outlook and key takeaways
Fig. 30 North America market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 31 U.S. market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 32 Canada market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 33 Europe. market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 34 UK market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 Germany market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 France market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 37 Italy market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 Spain market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 39 Sweden market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Norway market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 41 Denmark market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 Asia Pacific market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 43 Japan market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 China market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 45 India market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 Australia market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 47 Thailand market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 48 South Korea market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 49 Latin America market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 Brazil market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 51 Mexico market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 Argentina market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 Middle East and Africa. market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 54 Saudi Arabia market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 55 South Africa market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 56 UAE market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 57 Kuwait market estimates and forecasts, 2018 - 2030 (USD Million)

Companies Mentioned

  • GlaxoSmithKline plc.
  • Bayer AG
  • Pfizer, Inc.
  • Boehringer Ingelheim International GmbH
  • Dr. Reddy’s Laboratories Ltd.
  • Reckitt Benckiser Group plc.
  • Sanofi
  • Sun Pharmaceuticals Ltd.
  • Takeda Pharmaceutical Company Limited
  • Procter & Gamble

Methodology

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Table Information

Report AttributeDetails
No. of Pages90
PublishedSeptember 2023
Forecast Period2022 - 2030
Estimated Market Value ( USD ) in 2022 $ 6.6 Billion
Forecasted Market Value ( USD ) by 2030 $ 8.79 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal
No. of Companies Mentioned10

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