Global Effervescent Tablet Market, By 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) – Industry Trends and Forecast to 2030.
Effervescent Tablet Market Analysis and Size
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.
Effervescent Tablet Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015 - 2020)
|
|
Quantitative Units
|
Revenue in USD Billion, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
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)
|
|
Countries Covered
|
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
|
|
Market Players Covered
|
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)
|
|
Market Opportunities
|
|
Market Definition
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.
Global Effervescent Tablet Market Dynamics
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.
Opportunities
- Growing R&D Activities
An increase in the number of R&D activities is boosting the huge growth of the effervescent products market. Numerous pharmaceutical companies are working on developing several novel medications that have quite a few benefits on the health and lifestyle of patients. Emerging effervescent products that can quickly transform into beverages benefit the environment by decreasing the use of plastics and other materials and also help patients swallow medicines very effectively. Huge investments in emerging innovative technologies and novel effervescent products are most likely to create several advantages for the expansion of the effervescent products market in the upcoming years.
Restraints/Challenges
- High Cost of Drug Development Process
Several millions of dollars are required for the huge drug development and research activities that may hinder the growth rate of the effervescent products market during the forecast period. Additionally, a lack of healthcare infrastructure and the wide availability of effervescent products in under-developed countries will act as a limit to the market growth throughout the forecast period 2023-2030.
- Presence of High Sodium Content in Effervescent Products
Sodium bicarbonate is available in effervescent products, which helps in fizzing, bubbling, and dissolving a solution. But sodium bicarbonate has been associated with numerous health issues, which includes high blood pressure, that can lead to an increased risk of cardiovascular disorders such as heart strokes. Therefore, the high sodium content in effervescent products is the major limit to the growth of the market and is anticipated to have a negative impact on market growth.
This global effervescent tablet market market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global effervescent tablet market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth
COVID-19 Impact on Global Effervescent Tablet Market
The COVID-19 outbreak had a major impact on the market. During the pandemic, there was a high rise in the use of effervescent products, due to an increase in the people suffering from covid-19 and numerous drugs and supplements were provided in effervescent dosage forms for providing ease of use and swallowing. Besides this, the high demand for effervescent products such as vitamins, dietary supplements, minerals during the pandemic boosted the market as people became more health conscious and understood the importance of strong immunity.
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.
Global Effervescent Tablet Market Scope
The global effervescent tablet market is segmented on the basis of products, methods, type, indication, application, population type, end user, distribution channel.. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
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 User
- Hospitals
- Homecare
- Specialty Clinics
- Others
Distribution Channel
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
Effervescent Tablet Market Regional Analysis/Insights
The global effervescent tablet market is analysed and market size insights and trends are provided by products, methods, type, indication, application, population type, end user, distribution channel as referenced above.
The major countries covered in the global effervescent tablet market report are the 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.
Europe has been witnessing the highest growth for the global effervescent tablet market throughout the forecasted period because of the increasing level of disposable income. Furthermore, the development of healthcare infrastructure and increasing government initiatives will further boost the market's growth rate in this region.
North America dominates the market due to the increasing number of R&D activities and growing healthcare expenditure that will boost the market's growth rate in this region. Furthermore, presence of major market players will further boost the market's growth rate in this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Effervescent Tablet Market Share Analysis
The global effervescent tablet market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to globaleffervescent tabletmarket.
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)
SKU-
