Dublin, June 05, 2023 (GLOBE NEWSWIRE) -- The "Effervescent Tablet Global Market Report 2023" has been added to ResearchAndMarkets.com's offering.
The global effervescent tablets market is expected to grow from $30.52 billion in 2022 to $33.38 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%.The effervescent tablets market is expected to grow to $47.22 billion in 2027 at a CAGR of 9.1%.
Technological advancements are a key trend gaining popularity in the effervescent tablet market. Major players are concentrating on creating innovative manufacturing technologies to sustain their position in the effervescent tablet market. For instance, in April 2022, Health Innovations Ltd., a UK-based healthcare supplement manufacturing company, launched EfferShield technology. EfferShield is a patent-mated technology used for effervescent pills and powders. It is available in a single-use pouch and stick-pack packaging, so consumers have more flexible and convenient packaging options with possibilities for recycling and at-home composting.
North America was the largest region in the effervescent tablets market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the effervescent tablet report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The high prevalence rate of chronic diseases is expected to propel the growth of the effervescent tablets market going forward. Chronic disease often lasts for three months or longer and may worsen with time. The most prevalent chronic diseases are cancer, heart disease, stroke, diabetes, and arthritis. Effervescent tablets are used in the treatment of chronic illnesses such as diabetes, cancer, and heart disease as a potent antioxidant that boosts blood antioxidant levels and helps in reducing the risk of chronic diseases. For instance, in 2021, according to the World Health Organization, a Switzerland-based government agency responsible for international public health, cardiovascular diseases are the leading cause of death worldwide, with an estimated 17.9 million lives each year. Further, in September 2020, according to Imperial College London, a UK-based public research university, seven out of ten deaths worldwide are believed to be caused by chronic diseases, which are responsible for almost 41 million deaths annually. Therefore, the high prevalence rate of chronic diseases is driving the growth of the effervescent tablets market.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Markets Covered:
- By Product: Medication; Supplements
- By Methods: Dry Methods; Wet Granulation
- By Indication: Diuretics; Pain Management; Gastric Disorders; Respiratory Diseases; Other Indications
- By Application: Dental Products; Dietary Supplements; Pharmaceutical; Other Applications
- By End-User: Hospitals; Specialty Clinics; Homecare; Other End-Users
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
A selection of companies mentioned in this report include:
- Bayer
- Hermes Arzneimittel
- GSK
- Reckitt Benckiser Group
- Bristol-Myers Squibb
- Bliss GVS Pharma
- Herbalife International
- Amerilab Technologies
- Pfizer
- Novartis
- Perrigo Company
- Chiesi Farmaceutici
- SG Biopharm
- Advanced Enzyme Technologies
- Vovantis Laboratories
- Nutrilo
- Tower Laboratories
- Losan Pharma
Key Attributes:
Report Attribute | Details |
No. of Pages | 200 |
Forecast Period | 2023 - 2027 |
Estimated Market Value (USD) in 2023 | $33.38 billion |
Forecasted Market Value (USD) by 2027 | $47.22 billion |
Compound Annual Growth Rate | 9.1% |
Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Effervescent Tablet Market Characteristics
3. Effervescent Tablet Market Trends And Strategies
4. Effervescent Tablet Market - Macro Economic Scenario
4.1. COVID-19 Impact On Effervescent Tablet Market
4.2. Ukraine-Russia War Impact On Effervescent Tablet Market
4.3. Impact Of High Inflation On Effervescent Tablet Market
5. Effervescent Tablet Market Size And Growth
5.1. Global Effervescent Tablet Historic Market, 2017-2022, $ Billion
5.2. Global Effervescent Tablet Forecast Market, 2022-2027F, 2032F, $ Billion
6. Effervescent Tablet Market Segmentation
7. Effervescent Tablet Market Regional And Country Analysis
7.1. Global Effervescent Tablet Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Effervescent Tablet Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8-26. Country Specific Effervescent Tablet Market
27. Effervescent Tablet Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Effervescent Tablet Market
29. Effervescent Tablet Market Future Outlook and Potential Analysis
For more information about this report visit https://www.researchandmarkets.com/r/iqxvgm
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