The increased prevalence of chronic diseases increases the demand for the prognosis of such diseases through proper advanced medications, thus increasing the growth of the global effervescent tablet market. Numerous studies have shown that the most regularly administered product form, tablets, is a challenging process for most of the population because of swallowing difficulties. These tablets are in high demand due to this factor. To fix this concern, pharmaceutical companies have manufactured numerous user-friendly dosage forms, such as effervescent tablets.
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Data Bridge Market Research analyses that the Global Effervescent Tablet Market was valued at USD 9001.9 million in 2022 and is expected to reach the value of USD 17,545.69 million by 2030, at a CAGR of 8.7% during the forecast period 2023-2030. The increasing demand for effervescent tablet will provide potential opportunities for the market growth in the forecast period.
The increasing elderly population is anticipated to drive the market's growth rate
The elderly population is increasing globally because of the availability of better healthcare facilities. Increased research and development leading to the launch of effective and novel medications associated with specific diseases further help n the increasing demand for pharmaceuticals such as effervescent tablets. The efficient use of effervescent tablets helps in providing better healthcare facilities to such people by meeting the demand for ever-increasing medications
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Products (Medication, Supplements), Methods (Dry Methods, Wet Granulation), Type (Prescription, Over the Counter), Indication (Diuretics, Pain Management, Gastric Disorders, Respiratory Diseases, Others), Population Type (Children, Adults), Application (Dental Products, Dietary Supplements, Pharmaceutical, Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)
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Countries Covered
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U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Pfizer Inc. (U.S.), GSK plc (U.K.), Novartis AG (Switzerland), Bayer AG (Germany), Perrigo Company plc (Ireland), Reckitt Benckiser Group PLC (U.K.), Bristol-Myers Squibb Company (U.S.), CHIESI SAS (France), Hermes Pharma (Austria), S. G. Biopharm Pvt. Ltd (India), Bliss GVS Pharma Limited (India), SCITECH (India), Alpex (Switzerland), Vovantis Laboratories (India), Herbalife International of America, Inc. (U.S.), Swisse Wellness PTY LTD (Australia), Nuun (U.S.), Natur Produkt Zdrovit Sp Z O O (Poland), Vitabiotics Ltd (U.K.), Amerilab Technologies Inc. (U.S.), HERMES ARZNEIMITTEL (Germany)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework
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Segment Analysis:
Global effervescent tablet market is categorized into eight notable segments which are based on products, methods, indication, type, application, population type, end user and distribution channel.
- On the basis of products, the global effervescent tablet market is segmented into medication and supplements.
The supplements segment of product type segment is anticipated to dominate the effervescent tablet market
The supplements segment is expected to dominate the global effervescent tablet market with 57.3% market share due to cost-effectiveness and growing incidence of gastric disorders.
- On the basis of methods, the global effervescent tablet market is segmented into dry methods and wet granulation.
The wet granulation segment of device type segment is anticipated to dominate the effervescent tablet market
The wet granulation segment is expected to dominate the global effervescent tablet market with 74.4% market share as the process is simpler than the other method and needs less time.
- On the basis of type, the global effervescent tablet market is segmented into over-the-counter and prescription. The over the counter segment is expected to dominate the global effervescent tablet market with 73.6% market share as these are very much active in the developing market, and purchasing process is easy.
- On the basis of indication, the global effervescent tablet market is segmented into diuretics, pain management, gastric disorders, respiratory diseases and others. The pain management segment is expected to dominate the global effervescent tablet market with 52.3% market share as they offer instant relief and faster absorbability
- On the basis of population type, the global effervescent tablet market is segmented into children and adults. The adults segment is expected to dominate the global effervescent tablet market with 76.7% market share as these tablets are more popular in adults than other generations
- On the basis of application, the global effervescent tablet market is segmented dental products, dietary supplements, pharmaceutical and others. The pharmaceutical segment is expected to dominate the global effervescent tablet market with 42.7% market share due to the increased adaptation of effervescent tablets in healthcare and medication
- On the basis of end user, global effervescent tablet market is segmented into hospitals, specialty clinics, home healthcare and others. The hospitals segment is expected to dominate the global effervescent tablet market with 50.7% market share because of the presence of both over-the-counter and prescription medications
- On the basis of distribution channel, global effervescent tablet market is segmented into retail pharmacies, drug store, e-commerce, hypermarkets & supermarkets, and others. The retail pharmacies segment is expected to dominate the global effervescent tablet market with 41.4% market share as they have all the varieties and flavours of effervescent tablets
Major Players
Data Bridge Market Research recognizes the following companies as the major effervescent tablet market players in effervescent tablet market are Koninklijke Philips N.V. (Netherlands), Siemens Healthcare GmbH (Germany), General Electric (U.S.), Medtronic (Ireland), Viatronix, Inc. (U.S.), Terarecon, Inc (U.S.), Carestream Health (U.S.), Shimadzu Corporation (Japan), Olympus Corporation (Japan), Boston Scientific Corporation (U.S.), Cook (U.S.), Hoya Corporation (Japan), Richard Wolf GmbH (Germany), KARL STORZ (Germany), Smith+Nephew (U.K.), Zimmer Biomet (U.S.).
Market Development
- In 2021, MyFitness launched a new brand Superfit, which offers effervescent tablets and apple cider vinegar. Superfit's brand attracts a massive audience through its first-of-its-kind pills in immunity, sleep, detox, glow, super, thin, shine, lean, active, and digestion. Strawberry, green apple, blueberry, raw mango, and cranberry are new flavors in effervescent tablets.
- In 2021, Nuun announced that they had launched a new product category with the creation of Nuun Energy, a healthy energy drink substitute that is easy to pack and take on the go. The product launch has surged their product variety.
Regional Analysis
Geographically, the countries covered in the effervescent tablet market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
As per Data Bridge Market Research analysis:
North America is the dominant region in effervescent tablet market during the forecast period 2023 to 2030
North America dominates the effervescent tablet market due to the growing number of R&D activities and increasing healthcare expenditure that will enhance the market's growth rate in this region. Additionally, huge presence of major market players will further boost the market's growth rate in this region.
Asia-Pacific is estimated to be the fastest-growing region in effervescent tablet market the forecast period 2023 to 2030
Asia-Pacific is expected to grow from 2023 to 2030 because of the growing level of disposable income. Additionally, the development of healthcare infrastructure and growing government initiatives will further enhance the market's growth rate in this region.
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