Effervescent Tablet Market , 41% Of Growth To Originate From North America, Technavio


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Report Attribute

Details

Base Year

2023

Forecast period

2024-2028

Historic Data for

2018 - 2022

Segments Covered

Distribution channel (Hospital pharmacy, Retail pharmacy, and online pharmacy), Type (Prescription and Over the counter), Geography (North America, Europe, Asia, and Rest of World (ROW)), End User (), and Application ()

Key Companies Covered

Pfizer Inc., GSK plc, Novartis AG, Bayer AG, Perrigo Company plc, Reckitt Benckiser Group PLC, Bristol-Myers Squibb Company, CHIESI SAS, Hermes Pharma, S. G. Biopharm Pvt. Ltd, Bliss GVS Pharma Limited, SCITECH, Alpex Solar, Vovantis Laboratories, Herbalife International of America, Inc., Swisse Wellness PTY LTD, Nuun, Natur Produkt Zdrovit Sp Z O O, Vitabiotics Ltd, and Amerilab Technologies Inc.

Regions Covered

North America, Europe, Asia, and Rest of World (ROW)

Region Outlook

  • North America
  • Europe
  • Asia
  • Rest of World

    1. North America - North America is estimated to contribute 41%. To the growth of the global market. The Effervescent Tablet Market report forecasts market growth by revenue at global, regional & country levels from 2017 to 2027.

    The effervescent tablet market in North America is experiencing significant growth due to increasing consumer preference for health-conscious products. Dietary supplements, probiotics, vitamins, and minerals are popular choices among consumers seeking to prevent lifestyle diseases. Factors such as new product launches, continuous innovations, rising disposable income, and a growing appeal for healthy lifestyles are driving market growth. Additionally, expanding retail spaces can boost sales. However, regulatory challenges due to the proliferation of counterfeit products, particularly through online sales channels, pose a hindrance to market expansion.

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    Segmentation Overview

  • Distribution Channel
    • 1.1 Hospital pharmacy
    • 1.2 Retail pharmacy
    • 1.3 Online pharmacy
  • Type
    • 2.1 Prescription
    • 2.2 Over the counter
  • Geography
    • 3.1 North America
    • 3.2 Europe
    • 3.3 Asia
    • 3.4 Rest of World (ROW)
  • End User
  • Application
  • Country
    US, Germany, UK, India, and Japan

    1.1 Fastest growing segment:

    The global effervescent tablet market is anticipated to experience significant growth due to the rising prevalence of diseases such as flu and gastrointestinal disorders. This trend is particularly noticeable in the hospital pharmacy segment, which is expected to expand at a rate during the forecast period. Large hospitals and clinics, equipped with advanced medical infrastructure, procure effervescent tablets in bulk to cater to the increasing number of patients. The availability of efficient treatment and in patient visits to hospitals and clinics due to symptoms like headache, nausea, vomiting, photophobia, and phonophobia will further fuel the demand for these tablets. Consequently, the hospital pharmacy segment's growth will propel the expansion of the global effervescent tablet market.

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    Research Analysis

    The Effervescent Tablet Market is a segment of the dietary supplement industry, characterized by the use of effervescent tablets for overall health and wellness. The manufacturing process of effervescent tablets involves specialized equipment and precise ingredient control, leading to higher production costs compared to conventional tablets and capsules. The process includes granulation, mixing, tablet compression, and packing, which require significant investment in pharmaceutical-grade equipment, personnel, and quality control. Despite these market restraints, the demand for effervescent tablets continues to grow due to their unique advantages. These tablets offer faster dissolution and absorption, making them an attractive option for consumers seeking quick relief or enhanced nutrient bioavailability. Market opportunities exist for producers of effervescent tablets, particularly in the areas of vitamins and minerals, as well as for addressing health issues specific to various demographic groups. The "Pharmaceuticals" journal has reported on the growing trend towards solid dosage forms, such as effervescent tablets, due to their convenience and efficacy. However, additional processing steps, such as the effervescent reaction and tablet disintegration, add complexity to the manufacturing process and further increase production costs. Regulatory compliance is also a critical consideration, requiring ongoing investment in personnel and resources to ensure product safety and efficacy.

    Market Overview

    The Effervescent Tablet Market is a significant segment of the dietary supplement industry, known for its overall health benefits. These tablets, which dissolve in water to create a fizzy solution, offer various health advantages, including vitamins and minerals, functional components, herbal extracts, amino acids, antioxidants, and electrolytes. The manufacturing process involves specialized equipment and precise ingredient control, leading to higher production costs. The market faces restraints due to high production costs and additional packaging needs. The process includes granulation, mixing, tablet compression, and packing. Pharmaceutical raw ingredients and equipment, personnel, quality control, and regulatory compliance are essential factors. Market opportunities exist for producers catering to various demographic groups, such as children for growth and development, older persons for bone health and cognitive function, and adults for pain management, diuretics, and antacids. The market includes prescription medications, over-the-counter supplements, and dental products. The manufacturing process involves the dry method (wet granulation, dry condition, consistent distribution, homogeneous) and the wet method (coated tablets, stability, flavor, appearance). End-user segments include retail pharmacies, drug stores, e-commerce, hypermarkets, and supermarkets. Effervescent tablets offer unique healthcare solutions for various indications, population types, and end-users. They cater to prescription medications, daily used tablets, and major shareholders in the pharmaceutical industry. Market opportunities lie in producing a wide range of flavors, including fruity and citrusy, to cater to diverse taste preferences. Analgesics, such as acetaminophen and aspirin, are among the highest contributors to the market due to their immediate relief properties. Other applications include diuretics, pain management, and gastric disorders. The market also includes respiratory diseases, hypertension, diabetes, cardiovascular disease, and healthcare experts, such as physicians, specialists, and pharmacies. In conclusion, the Effervescent Tablet Market presents significant opportunities for growth due to its diverse applications, health benefits, and unique manufacturing process. Producers must focus on quality control, regulatory compliance, and cost-effective production to cater to various end-users and demographic groups. The 'Pharmaceuticals' journal provides valuable insights into the latest trends, market analysis, and research in the field of solid dosage forms, including effervescent tablets.

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    Key Topics Covered:

    1 Executive Summary
    2 Market Landscape
    3 Market Sizing
    4 Historic Market Size
    5 Five Forces Analysis
    6 Market Segmentation
    7 Customer Landscape
    8 Geographic Landscape
    9 Drivers, Challenges, and Trends
    10 Venodr Landscape
    11 Vendor Analysis
    12 Appendix

    About Technavio

    Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

    With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

    Contacts

    Technavio Research
    Jesse Maida
    Media & Marketing Executive
    US: +1 844 364 1100
    UK: +44 203 893 3200
    Email: [email protected]
    Website:

    SOURCE Technavio

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