GlaxoSmithKline plc, Bayer AG, and Reckitt Benckiser Group PLC are Dominating the Global Effervescent Tablet Market in 2021

Global Effervescent Tablet Market is expected to grow with the CAGR of 7.7% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global effervescent tablet market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global effervescent tablet market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance:

  • In April 2021, Nuun announced that they have introduced a new product category with the creation of Nuun Energy, a healthy energy drink substitute that's easy to pack and take on the go. The product launch has increased their product variety.

GlaxoSmithKline plc is the dominating player in global effervescent tablet market. The other key players existing in the market are Bayer AG, CHIESI SAS, Hermes Pharma, Perrigo Company plc, Dietpharm, S. G. Biopharm Pvt. Ltd., Bliss GVS Pharma Limited, SCITECH, Alpex , Vovantis Laboratories, Herbalife International of America, Inc., Swisse Wellness PTY LTD, Reckitt Benckiser Group PLC, Nuun, Natur Produkt Zdrovit Sp Z O O and Vitabiotics Ltd.

Effervescent Tablet MarketGlaxoSmithKline plc

GlaxoSmithKline plc was founded in the year 1715 and is headquartered in U.K. The company is focusing on the areas of consumer healthcare, prescription medicine and vaccines. The company has product categories including consumer healthcare and prescription medication, out of which consumer healthcare is the market focused category.

For instance,

  • In July 2020, GlaxoSmithKline plc announces to enhance their efficiency and competitiveness of their manufacturing network. These include both investments for respiratory and HIV medicines manufacturing in the UK. This have provided company strategic ideas to increase sales and revenue of consumer healthcare products

The company has wide presence across south and Central America, Asia, Middle East, Europe and Others. The company also has various subsidiary companies Domantis ltd. (U.K.), Glaxo welcome UK ltd (UK)

BAYER AG

Bayer AG was founded in the year 1863 and is headquartered in Leverkusen, Germany. The company focuses on health care and agriculture with their innovative products and solution. The company operates its business via several business segments including corp science, pharmaceuticals and consumer health in which consumer health is the market focused segment.

For instance,

  • In February 2021, Bayer AG announced to launch their new initiative which is “The Nutrient Gap Initiative” to expands the access of vitamins and minerals for underserved communities to help combat malnutrition. This will enable company to rise future sales.

The company has presence across Latin America, Asia Pacific, North America, Europe and Middle East & Africa. The company also has various subsidiaries including Bayer (Proprietary) Limited (South Africa), Bayer (Schweiz) AG ( Switzerland), Bayer A/S (Denmark), Bayer AB (Sweden), Bayer Agriculture Limited (UK) among others.

 Reckitt Benckiser Group PLC.

 Reckitt Benckiser Group PLC. was founded in the year 1819 and is headquartered in Berkshire, USA. The company is exclusively focusing on different brands like Dettol, Lysol, Harpic, Finish, Durex, Mucinex, Enfamil and Move Free, among others. The company operates its business via several business segments including hygiene, health and nutrition in which nutrition is the market focused segment.

For instance,

  • In February 2021, Reckitt Benckiser Group PLC announces that they are partnering with the British Red Cross in its efforts to make vulnerable communities strong and resilient. This will enhance their image and customers value

The company has presence across Europe, Asia-Pacific, Middle East & Africa, South America and North America. The company also has various subsidiaries including RB Holding Europe Du Sud SAS (France), RB Hygiene Home France SAS (France) ORD, Reckitt Benckiser Chartres SAS (France) among others.