North America Antacids Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Dosage Form (Tablet, Liquid, and Others); Drug Class (Proton Pump Inhibitors, H2 Antagonist, and Acid Neutralizers); Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy)

TIPRE00021092 | Pages: 136 | Pharmaceuticals | Apr 2021 | Type: Regional | Status: Published

Market Introduction

The class of drugs that neutralize the acid in the stomach are known as antacids. It is used to treat conditions like heartburn, indigestion, acidity and an upset stomach. These drugs are available over the counter and are usually consumed by mouth. They are available in tablets, capsules, liquid and powder form. There are different types of antacid available like aluminium hydroxide, magnesium carbonate, magnesium trisilicate, magnesium hydroxide, calcium carbonate, and sodium bicarbonate.


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Market Overview and Dynamics

The North America antacids market is expected to reach US$ 3,564.22 million in 2027 from US$ 2,684.67 million in 2019. The market is estimated to grow with a CAGR of 3.7% from 2020-2027. The growth of this market is estimated to grow owing to key driving factors such as the growing prevalence of gastroesophageal reflux disease (GERD) and the rising rate of incidence of obesity. However, the market is expected experiencing slow growth during the forecast period owing to the lack of awareness regarding gastrointestinal diseases in developing countries.

 

Key Market Segments

Based on dosage form, the antacids market is segmented into tablet, liquid, and others. Based on drug class, the antacids market is segmented into proton pump inhibitors, H2 antagonist, and acid neutralizers. Based on distribution channel, the antacids market, is segmented into hospital pharmacy, retail pharmacy, and online pharmacy.

 

Major Sources and Companies Listed

Some of the major primary and secondary sources for antacids market included in the report are the National Institute of Diabetes and Digestive and Kidney Diseases (2014), the National Ambulatory Medical Care Survey (2016), National Center for Health Statistics (NCHS), and others.

 

Reasons to buy the report

  • To understand the North America antacids market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for antacids market
  • Efficiently plan M&A and partnership deals in North America antacids market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form antacids market
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in North America region

 

 

NORTH AMERICA ANTACIDS MARKET SEGMENTATION

 

By Dosage Form

  • Tablet
  • Liquid
  • Others

By Drug Class

  • Proton Pump Inhibitors
  • H2 Antagonist
  • Acid Neutralizers
    • Magaldrate
    • Sucralfate
    • Others

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy

 

By Country

  • North America
  • US
  • Canada
  • Mexico

 

Company Profiles

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

TABLE OF CONTENTS

1.           Introduction

1.1         Scope of the Study

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

1.3.1        Antacid Market – By Dosage Form

1.3.2        Antacid Market – By Drug Class

1.3.3        Antacid Market – By Distribution Channel

1.3.4        North America Antacid Market – By Country

2.           North America Antacid Market – Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Antacid Market – Market Landscape

4.1         Overview

4.2         PEST Analysis

4.2.1        Antacid Market- North America PEST Analysis

4.3         Expert Opinion

5.           North America Antacid Market - Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Prevalence of Gastroesophageal Reflux Disease (GERD)

5.1.2        Rising Rate of Incidence of Obesity

5.2         Market Restraints

5.2.1        Lack of Awareness Regarding Gastrointestinal Diseases in Developing Countries

5.3         Market Opportunities

5.3.1        High Growth in Research and Development Activities on Gastro-Intestinal Disorders

5.4         Future Trends

5.4.1        Rising Development in the Pharmaceutical Industry

5.5         Impact Analysis

6.           Antacid Market – North America Analysis

6.1         North America Antacid Market Revenue Forecasts and Analysis

7.           North America Antacid Market Analysis and Forecasts To 2027 – By Dosage Form

7.1         Overview

7.2         Antacid Market Revenue Share, by Dosage Form (2019 and 2027)

7.3         Tablet

7.3.1        Overview

7.3.2        Tablet: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

7.4         Liquid

7.4.1        Overview

7.4.2        Liquid: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

7.5         Others

7.5.1        Overview

7.5.2        Others: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

8.           North America Antacid Market Analysis and Forecasts to 2027– By Drug Class

8.1         Overview

8.2         Antacid Market Revenue Share, by Drug Class (2019 and 2027)

8.3         Proton Pump Inhibitors

8.3.1        Overview

8.3.2        Proton Pump Inhibitors: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

8.4         H Antagonist

8.4.1        Overview

8.4.2        H Antagonist: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

8.5         Acid Neutralizers

8.5.1        Overview

8.5.2        Acid Neutralizers: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

8.5.3        Magaldrate

8.5.3.1          Overview

8.5.3.2          Magaldrate: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

8.5.4        Sucralfate

8.5.4.1          Overview

8.5.4.2          Sucralfate: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

8.5.5        Others

8.5.5.1          Overview

8.5.5.2          Others: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

9.           North America Antacid Market Analysis and Forecasts to 2027– By Distribution Channel

9.1         Overview

9.2         Antacid Market Share, by Distribution Channel, 2019 and 2027, (%)

9.3         Hospital Pharmacy

9.3.1        Overview

9.3.2        Hospital Pharmacy: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

9.4         Retail Pharmacy

9.4.1        Overview

9.4.2        Retail Pharmacy: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

9.5         Online Pharmacy

9.5.1        Overview

9.5.2        Online Pharmacy: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

10.        Antacid Market Revenue and Forecasts to 2027 – Geographical Analysis

10.1      North America: Antacid Market

10.1.1     Overview

10.1.2     North America: Antacid Market, by Country, 2019 & 2027 (%)

10.1.3     US: Antacid Market – Revenue and Forecast to 2027 (USD Million)

10.1.3.1       US: Antacid Market – Revenue and Forecast to 2027 (USD Million)

10.1.3.2       US: Antacid Market, by Dosage Form, 2018–2027 (USD Million)

10.1.3.3       US: Antacid Market, by Drug Class 2018–2027 (USD Million)

10.1.3.3.1       US: Acid Neutralizers Market, by Type 2018–2027 (USD Million)

10.1.3.4       US: Antacid Market, by Distribution Channel, 2018–2027 (USD Million)

10.1.4     Canada: Antacid Market – Revenue and Forecast to 2027 (USD Million)

10.1.4.1       Canada: Antacid Market – Revenue and Forecast to 2027 (USD Million)

10.1.4.2       Canada: Antacid Market, by Dosage Form, 2018–2027 (USD Million)

10.1.4.3       Canada: Antacid Market, by Drug Class 2018–2027 (USD Million)

10.1.4.3.1       Canada: Acid Neutralizers Market, by Type 2018–2027 (USD Million)

10.1.4.4       Canada: Antacid Market, by Distribution Channel, 2018–2027 (USD Million)

10.1.5     Mexico: Antacid Market – Revenue and Forecast to 2027 (USD Million)

10.1.5.1       Mexico: Antacid Market – Revenue and Forecast to 2027 (USD Million)

10.1.5.2       Mexico: Antacid Market, by Dosage Form, 2018–2027 (USD Million)

10.1.5.3       Mexico: Antacid Market, by Drug Class 2018–2027 (USD Million)

10.1.5.3.1       Mexico: Acid Neutralizers Market, by Type 2018–2027 (USD Million)

10.1.5.4       Mexico: Antacid Market, by Distribution Channel, 2018–2027 (USD Million)

11.        Impact Of COVID-19 Pandemic on North America Antacid Market

11.1      North America: Impact Assessment of COVID-19 Pandemic

12.        Industry Landscape

12.1      Overview

12.2      Organic Developments

12.2.1     Overview

12.3      Inorganic Developments

12.3.1     Overview

13.        COMPANY PROFILES

13.1      Bayer AG

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      GlaxoSmithKline plc.

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Takeda Pharmaceutical Company Limited

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Sun Pharmaceutical Industries Ltd

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Sanofi

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      Boehringer Ingelheim International GmbH

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Dr. Reddy's Laboratories

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      Pfizer Inc.

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     roducts and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Reckitt Benckiser Group Plc

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   Procter & Gamble

13.10.1  Key Facts

13.10.2  Business Description

13.10.3  Products and Services

13.10.4  Financial Overview

13.10.5  SWOT Analysis

13.10.6  Key Developments

14.        Appendix

14.1      About the Insight Partners

14.2      Glossary of Terms

LIST OF TABLES

Table 1.             US Antacid Market, by Dosage Form – Revenue and Forecast to 2027 (USD Million)

Table 2.             US Antacid Market, by Drug Class – Revenue and Forecast to 2027 (USD Million)

Table 3.             US Acid Neutralizers Market, by Type– Revenue and Forecast to 2027 (USD Million)

Table 4.             US Antacid Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)

Table 5.             Canada Antacid Market, by Dosage Form – Revenue and Forecast to 2027 (USD Million)

Table 6.             Canada Antacid Market, by Drug Class – Revenue and Forecast to 2027 (USD Million)

Table 7.             Canada Acid Neutralizers Market, by Type– Revenue and Forecast to 2027 (USD Million)

Table 8.             Canada Antacid Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)

Table 9.             Mexico Antacid Market, by Dosage Form – Revenue and Forecast to 2027 (USD Million)

Table 10.          Mexico Antacid Market, by Drug Class – Revenue and Forecast to 2027 (USD Million)

Table 11.          Mexico Acid Neutralizers Market, by Type– Revenue and Forecast to 2027 (USD Million)

Table 12.          Mexico Antacid Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)

Table 13.          Organic Developments Done By Companies

Table 14.          Inorganic Developments Done By Companies

Table 15.          Glossary of Terms, Antacid Market

LIST OF FIGURES

Figure 1.           Antacid Market Segmentation

Figure 2.           North America Antacid Market Overview

Figure 3.           Tablet Segment Held Largest Share of Dosage Form in Antacid Market

Figure 4.           Proton Pump Inhibitors Segment Held Largest Share of Drug Class in Antacid Market

Figure 5.           US is Expected to Show Remarkable Growth During the Forecast Period

Figure 6.           Antacid Market - North America PEST Analysis

Figure 7.           Antacid Market Impact Analysis of Driver and Restraints

Figure 8.           North America Antacid Market – Revenue Forecasts and Analysis – 2019- 2027

Figure 9.           Antacid Market Revenue Share, by Dosage Form (2019 and 2027)

Figure 10.        Tablet: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.        Liquid: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 12.        Others: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 13.        Antacid Market Revenue Share, by Drug Class (2019 and 2027)

Figure 14.        Proton Pump Inhibitors: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 15.        H Antagonist: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16.        Acid Neutralizers: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 17.        Magaldrate: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18.        Sucralfate: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 19.        Others: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 20.        Antacid Market Share, by Distribution Channel, 2019 and 2027 (%)

Figure 21.        Hospital Pharmacy: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 22.        Retail Pharmacy: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 23.        Online Pharmacy: Antacid Market – Revenue and Forecast to 2027 (US$ Million)

Figure 24.        North America: Antacid Market, by Key Country – Revenue (2019) (USD Million)

Figure 25.        North America: Antacid Market, by Country, 2019 & 2027 (%)

Figure 26.        US: Antacid Market – Revenue and Forecast to 2027 (USD Million)

Figure 27.        Canada: Antacid Market – Revenue and Forecast to 2027 (USD Million)

Figure 28.        Mexico: Antacid Market – Revenue and Forecast to 2027 (USD Million)

Figure 29.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 30.        Growth Strategies Done by the Companies in the Market, (%)

  1. Bayer AG
  2. GlaxoSmithKline plc
  3. Takeda Pharmaceutical Company Limited
  4. Sun Pharmaceutical Industries Ltd
  5. Sanofi
  6. Boehringer Ingelheim International GmbH
  7. Dr. Reddy's Laboratories
  8. Pfizer Inc
  9. Reckitt Benckiser Group Plc
  10. Procter & Gamble
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