Antacids Tablets Market Future Outlook, COVID-19 Impact
Analysis, Forecast - 2031

The global antacids tablets market is expected to grow at a
significant CAGR during the forecast period (2024-2031). Antacids are
over-the-counter medications that are used to relieve heartburn, stomach pain,
acid reflux, and stomach distress. It protects the stomach, duodenum, and
esophagus from harsh acids created during food digestion. The availability of a
variety of chewable tablets in a number of tastes that aid in patient adherence
to medication is projected to drive global antacid tablet market growth. As the
tablets are the low-cost oral dose form and are easy to handle, use, and carry,
they are the most extensively utilized solid dosage form. 

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Furthermore, the market is predicted to rise due to the
growing geriatric population, which is more susceptible to gastrointestinal
problems. Acidic problems are common in the older population, making it a
unique challenge for both the primary care physician and the
gastroenterologist. Furthermore, such patients are more likely to have a number
of symptomatic illnesses, such as erosive esophagitis, Barrett's esophagus, and
esophageal cancer, which require a combination of medications to cure, and the
usage of antacids is substantially higher in these cases. According to the 2019
revision of the World Population Prospects, by 2050, one in every six people in
the world will be over the age of 65 (16%), up from one in every eleven people
in 2019.

The key companies operating in the global antacid tablet
market are highly inclined towards the adoption of different growth strategies
including capacity expansion, partnerships and collaborations, mergers and
acquisitions, geographical expansion, and new product launches, to remain
competitive in the marketplace. For instance, in January 2019, Dr. Reddy's
laboratories introduced generic omeprazole delayed-release tablets for the
treatment of heartburn in the US. In April 2018, Perrigo also released a new orally
disintegrating omeprazole tablet for the treatment of persistent heartburn. In
October 2020, Dr. Reddy's laboratories re-launched Famotidine Tablets USP, 10
mg and 20 mg, over-the-counter (OTC) in the US market. In March 2020, Lupin
released an authorized generic for Horizon Therapeutics PLC's Vimovo
(naproxen/esomeprazole magnesium) delayed-release tablets in the US. The drug
is a mixture of naproxen and esomeprazole magnesium, with naproxen being used
for symptomatic treatment of arthritis and esomeprazole magnesium being used to
reduce the risk of naproxen-associated stomach ulcers. 

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Market Coverage

Segment Covered- 

• By
  Distribution Channel 

Regions covered-

• North
  America


• Europe


• Asia-Pacific


• Rest
  of the World

Competitive Landscape:  Johnson and Johnson
Services, Inc., GlaxoSmithKline plc, and Sanofi S.A., among others. 

Key questions addressed by the report

• What
  is the market growth rate?


• Which
  segment and region dominate the market in the base year?


• Which
  segment and region will project the fastest growth in the market?


• How
  has COVID-19 impacted the market?

o             Deviation
from the pre-COVID-19 forecast

o             Most
affected region and segment

• Who
  is the leader in the market?


• How
  are players addressing challenges to sustain growth?


• Where
  is the investment opportunity?

Global Antacids Tablets Market Report by Segment

By Distribution Channel 

• Online


• Offline

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