Effervescent Tablet Market it would grow up to USD 17,545.69 million by 2030

PRESS RELEASE
Published October 10, 2023

The world class Effervescent Tablet Market report presents market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. The market study carried out in this report analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors in the HEALTHCARE  industry. Effervescent Tablet Market survey report provides top to bottom examination of the market as far as income and developing business sector is concerned.

Pharmaceuticals are delivered in several ways, including oral, nasal, topical, and injectable. Several global studies have shown that the most regularly administered product form, tablets, is a challenging process for most of the population due to swallowing difficulties. Swallowing has been a major obstacle to tablet and capsule compliance, mainly among children and the elderly. Pharmaceutical companies have developed several user-friendly dosage forms, such as effervescent tablets to rectify this concern.

Data Bridge Market Research analyses a growth rate in the global effervescent tablet market in the forecast period 2023-2030. The expected CAGR of the global effervescent tablet market tends to be around 8.7% in the mentioned forecast period. The market was valued at USD 9001.9 million in 2022, and it would grow up to USD 17,545.69 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Effervescent tablets are the type of tablets that dissolve fast in water or another liquid, releasing carbon dioxide. The tablet breaks down easily hence it dissolves into a frothy or fizzy solution. A huge number of drugs can be administered using these pills. These tablets has a number of advantages. The tablets quickly deliver pharmaceuticals to the body as the medications are supplied in the form of a readily absorbed solution.

Drivers

  • Increased Incidence of Chronic Diseases

The increasing prevalence of chronic diseases globally will act as a primary driver that will expand the market growth. They are simple to use and only require a drop of water to make a solution. These dosages provide a considerable benefit as these are generally in the form of a solution, which allows the ease of wallowing and faster absorption compared to standard tablets and bring faster relief. They are also accessible as glucose tablets which gives a rapid boost of energy. This acts a major relief to the chronic patients and thus boost the market growth.

  • Increased Awareness About Health Issues

Increasing health awareness and rising disposable income have encouraged people to drift towards healthy products, such as probiotics, vitamins, dietary supplements, minerals. Several market players are benefiting from this trend by providing effervescent products such as dietary supplements to prevent diseases, know about nutritional deficiencies, and improve consumers’ overall health and lifestyle. Several companies are involved in functional foods which are adding new products across several segments to incorporate shifting consumer preferences. Thus, this expands the market growth.

Recent Development

  • In 2021, MyFitness launched new brand Suprfit, which provides effervescent tablets and apple cider vinegar. Superfit’s brand caters to a huge audience, which offers 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 a few flavours in effervescent tablets.

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Key players operating in the global effervescent tablet market include:

  • 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)

Effervescent Tablet Market Scope

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

End User

  • Hospitals
  • Homecare
  • Specialty Clinics
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the this market
  • Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Critical Insights Related to This Market Included in the Report:

  • Exclusive graphics and Illustrative SWOT analysis of some of the leading companies in this market
  • Value chain analysis of prominent players in the market
  • Current trends influencing the dynamics of this market across various geographies
  • Recent mergers, acquisitions, collaborations, and partnerships
  • Revenue growth of this industry over the forecast period
  • Marketing strategy study and growth trends
  • Growth driven factor analysis
  • Emerging recess segments and region-wise market
  • An empirical evaluation of the curve of this market
  • Ancient, Present, and Probable scope of the market from both prospect value and volume

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=global-effervescent-tablet-market&Shri

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