Add 2 More Reports For 20% off

Report Overview

The global antacid market was valued at USD 6.80 Billion in 2023, driven by the rising prevalence of gastroesophageal reflux disease and other acid-related disorders across the globe. The market is anticipated to grow at a CAGR of 3.20% during the forecast period of 2024-2032, with the values likely to reach USD 9.03 Billion by 2032.

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

  • In October 2024, Akums Drugs launched a dual-action chewable tablet in India, offering rapid relief for gastroesophageal reflux disease and enhancing treatment effectiveness. The development of such advanced antacids tailored to specific conditions is a major market trend.
  • In March 2024, ENO launched chewy bites which highlight the brand's innovation in the antacid market, offering a convenient, on-the-go solution for acidity. Such innovations are expected to augment the market demand significantly in the forecast period.
  • The ongoing research and development efforts to improve the production of antacids are likely to elevate the market value in the coming years.

Antacid Market Overview

Antacids are commonly utilized medications that counteract excessive stomach acid, offering relief from heartburn, indigestion, and acid reflux. These are accessible without a prescription in different forms like tablets and liquids, providing rapid and effective relief from symptoms. The market is driven by advancements in formulations, changing consumer health trends, and heightened awareness of digestive wellness. The increasing occurrence of acid-related issues, combined with progress in medical research and regulatory backing, fuels the ongoing expansion of the antacids market, improving the quality of life for numerous individuals.

Antacid Market Growth Drivers

Rising Prevalence of Gastroesophageal Reflux Disease To Boost Market Growth

The growing prevalence of gastroesophageal reflux disease, affecting around 30% of individuals in Western societies, significantly contributes to the expansion of the global antacid market. With gastroesophageal reflux disease being one of the most common disorders in primary care, the demand for effective antacid medications has surged. The increasing incidence of gastroesophageal reflux disease-related symptoms such as heartburn and regurgitation, alongside complications like esophageal injury, drives both preventive and symptomatic treatments, fueling market growth.

Antacid Market Trends

Antacid Market Segmentation

The market report offers a detailed analysis of the market based on the following segments:

Market Breakup by Dosage Form

  • Tablet
  • Capsule
  • Suspension
  • Others

Market Breakup by Application

  • Gastroesophageal Reflux Disease
  • Heartburn
  • Indigestion
  • Others

Market Breakup by Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Others

Market Breakup by Region

  • North America 
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Antacid Market Share

Segmentation Based on Distribution Channel to Witness Substantial Growth

The distribution channel segment is divided into hospital pharmacies, retail pharmacies, and others. Retail pharmacies are anticipated to dominate the market share throughout the forecast period. Their ease of use, convenient locations, long operating hours, and rapid services contribute to their increasing popularity. Retail pharmacies provide a variety of medications, effective order processing systems, and tailored consultations with pharmacists, improving the overall customer experience. These elements play a crucial role in their market leadership, establishing retail pharmacies as a favored option for customers.

Antacid Market Analysis by Region

The market is divided into regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is expected to dominate the market share because of a significant prevalence of gastrointestinal issues such as acid reflux and GERD, attributed to stress, unhealthy eating habits, and obesity. These lifestyle patterns drive the need for antacids as a quick way to relieve symptoms. On the other hand, the Asia Pacific region is projected to witness the fastest growth, as urbanization, shifting diets, heightened stress, and improved healthcare access augment the need for antacids, especially with the growing middle class and better affordability of over-the-counter products.

Leading Players in the Antacid Market

The key features of the market report comprise patent analysis, clinical trial analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:

Bayer AG

Bayer AG, a prominent global company in pharmaceuticals and biotechnology, boosted its presence in the antacid market through well-known brands such as Rennie and Alka-Seltzer. Alka-Seltzer is widely recognized for relieving digestive issues and associated pain.

Haleon plc

Haleon plc, a prominent British multinational consumer healthcare firm located in Weybridge, England, is a maj...

Sun Pharmaceutical Industries Limited

Sun Pharma, a global leader in generic medications, propels market expansion through its vast product developm...

Procter & Gamble

Procter & Gamble, a global healthcare leader, drives market growth through innovative products and strategic c...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the market include Sanofi, WellSpring Pharmaceutical Corporation, Advance Pharmaceutical Inc., Reckitt Benckiser Group PLC, Teva Pharmaceuticals Industries Ltd., and Lupin.

Key Questions Answered in the Antacid Market Report

  • What was the antacid market value in 2023?
  • What is the antacid market forecast outlook for 2024-2032?
  • What are the regional markets covered in the EMR report?
  • What is the market segmentation based on dosage form?
  • What is the market segmentation based on application?
  • What is the market breakup based on the distribution channel?
  • What major factors aid the demand for the antacid market?
  • How has the market performed so far and how is it anticipated to perform in the coming years?
  • What are the major drivers, opportunities, and restraints in the market?
  • What are the major trends influencing the market?
  • Which regional market is expected to dominate the market share in the forecast period?
  • Which country is likely to experience elevated growth during the forecast period?
  • Who are the key players involved in the antacid market?
  • What are the current unmet needs and challenges in the market?
  • How are partnerships, collaborations, mergers, and acquisitions among the key market players shaping the market dynamics?

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Dosage Form
  • Application
  • Distribution Channel
  • Region
Breakup by Dosage Form
  • Tablet
  • Capsule
  • Suspension
  • Others
Breakup by Application
  • Gastroesophageal Reflux Disease
  • Heartburn
  • Indigestion
  • Others
Breakup by Distribution Channel
  • Hospital Pharmacies
  • Retail Pharmacies
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • PESTEL Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Company News and Developments
    • Certifications
Companies Covered
  • Bayer AG
  • Haleon plc
  • Sun Pharmaceutical Industries Limited
  • Sanofi
  • WellSpring Pharmaceutical Corporation
  • Advance Pharmaceutical Inc.
  • Reckitt Benckiser Group PLC
  • Procter & Gamble
  • Teva Pharmaceuticals Industries Ltd.
  • Lupin

Purchase Full Report

Datasheet

 

USD 2,969

USD 2,699

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 6,599

USD 5,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 7,699

USD 6,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

We’re here to help answer any questions about our products and services.

Contact us

Our Offices


Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124