Antacid Syrup Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global antacid syrup market was valued at approximately USD 3.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This growth is driven by increasing incidences of gastrointestinal disorders such as acid reflux and peptic ulcers, alongside a growing preference for over-the-counter remedies that offer quick relief. The market's expansion is also supported by rising healthcare awareness and improved access to healthcare facilities across various regions. Additionally, the introduction of novel formulations and flavors is expected to enhance consumer acceptance and drive market growth.Emerging markets, particularly in Asia-Pacific and Latin America, present significant opportunities for growth. These regions are experiencing a surge in healthcare spending and a growing middle-class population, which is increasing demand for affordable and effective antacid solutions. The increasing prevalence of lifestyle-related diseases and changes in dietary habits in these regions further contribute to the market's potential. Furthermore, the ongoing development of innovative antacid products that cater to specific consumer needs is anticipated to open new avenues for market expansion.
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AdvaCare
Nature Care Laborataries
Indian Genomix (P) Ltd
LEXICARE PHARMA
ALTAR SRI LABS
Bhumi Pharmaceuticals
Uniray Life Sciences
Swastik Ayurveda
METRIX HEATHCARE
Unibiotech Formulations
LA Herb
FACMED PHARMACEUTICALS
Maseeha
Evertouch Healthcare & Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Antacid Syrup Market
Hospital
Pharmacy
Others
Based on Types the Market is categorized into Below types that held the largest Antacid Syrup market share In 2023.
120 ml
200 ml
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Antacid Syrup Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Antacid Syrup Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Antacid Syrup Market, By Type
6. Global Antacid Syrup Market, By Application
7. Global Antacid Syrup Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Antacid Syrup Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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