REPORT HIGHLIGHT
Effervescent Tablet Market size was valued at USD 5,109.3 Million in 2022, expanding at a CAGR of 6.2% from 2023 to 2030.
A sort of pharmaceutical dosage form called an effervescent tablet is made to dissolve quickly in water and create a bubbly or effervescent solution. These tablets are frequently used to provide oral-to-take medications, dietary supplements, or other active substances.
Effervescent Tablet Market- Market Dynamics:
Growing healthcare awareness, convenience is expected to propel the Effervescent Tablet demand.
Effervescent tablets are helpful for patients, especially those who have trouble swallowing conventional pills or capsules, as they dissolve fast in water and are simple to administer. Effervescent formulations' palatable flavors also increase patient compliance and raise drug adherence. Compared to normal solid dosage forms, effervescent tablets allow faster medication disintegration and absorption, resulting in a speedier beginning of action. This is especially advantageous for medications that need to function right away or provide quick relief. Effervescent tablets can offer superior defense against these dangers, extending the shelf life and enhancing the effectiveness of some treatments.
The demand for dietary supplements and vitamins has been fueled by rising health consciousness and the significance of preventative healthcare. Due to their simplicity of use and delectable flavor, effervescent pills are a preferred method of providing these nutrients.
Effervescent Tablet Market- Key Insights:
- As per the analysis shared by our research analyst, the global Effervescent Tablet market is estimated to grow annually at a CAGR of around 6.2% over the forecast period (2023-2030)
- The Effervescent Tablet industry is projected to grow at a significant rate due to the growing focus on construction.
- Based on Application, dietary supplements segment was predicted to show maximum market share in the year 2022.
- Based on End User, hospitals segment is expected to hold significant market share by 2030.
- Based on Product segmentation, medication segment was the leading in 2022
- On the basis of region, North America was the leading revenue generator in 2022.
Effervescent Tablet Market- Segmentation Analysis:
The Global Effervescent Tablet Market is segmented on the basis of Product, Application, End User, and Region.
The market is divided into two categories based on Product: medication and supplements. The medication segment dominates the market. Increasing demand medication application is contributing to market growth.
The market is divided into four categories based on Application: dental products, dietary supplements, pharmaceuticals, and others. The dietary supplements segment dominates the market. Increasing demand from effervescent tablets due to its health benefits is expected to boost the market growth.
The market is divided into three categories based on End User: hospitals, clinics, and others. The hospitals segment dominates the market. The rising healthcare awareness, convenient to use are some of the factors increasing the segment growth.
Effervescent Tablet Market- Geographical Insights:
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business.
Effervescent Tablet Market- Competitive Landscape:
Due to the increasing consumer demand for convenient dosage, which influence the Effervescent Tablet market. Several companies promote their products, including corporate websites, and products, are used by businesses to sell their services & products. Tablet manufacturers compete on various factors, such as product pricing, performance, tablet creation, and marketing. reputation, and availability. Some of the primary techniques, and strategies used by corporations to consolidate their reach and expand their market share include new product launches, R&D expenditure, developing its distribution network and mergers & acquisitions. Some of the recent developments are mentioned below.
Recent Developments:
In November 2021, Suprfit, a new brand was introduced in the market by MyFitness which sells effervescent pills and apple cider vinegar.
Key features of the study:
- This proposed research study on Effervescent Tablet market provides market size (US$ million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
- The report provides the client the latest up-to-date and trending insights about the Effervescent Tablet market.
- The research report elucidates potential growth opportunities across different segments/countries and explains attractive investment proposition matrix for Effervescent Tablet market
- The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain in the Effervescent Tablet market
- Impact of COVID-19 on Effervescent Tablet market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight on Effervescent Tablet market post-COVID will also be covered.
- In order to give the users of this report a comprehensive view on the Effervescent Tablet market, we have also included competitive landscape and key innovator analysis for the Effervescent Tablet market.
- The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
- The report offers detailed company profiling featuring major market participants which will help users to understand their financial inspection and strategic initiatives of players operating in the Effervescent Tablet market.
- In addition, the report also unveil the important acquisitions & mergers, collaborations & joint ventures, new launch, research & development, regional expansion of major participants involved in the market on global as well as regional level.
- The global Effervescent Tablet market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL EFFERVESCENT TABLET MARKET KEY PLAYERS
- Bayer AG
- Bristol-Myers Squibb Company
- Novartis AG
- Pfizer Inc.
- Perrigo Company plc
- Reckitt Benckiser Group PLC
- GSK plc
- Hermes Pharma, S. G.
- Biopharm Pvt. Ltd
- Bliss GVS Pharma Limited
- Alpex
- SCITECH
- Vovantis Laboratories
- Swisse Wellness PTY LTD
- Herbalife International
GLOBAL EFFERVESCENT TABLET MARKET, BY PRODUCT
GLOBAL EFFERVESCENT TABLET MARKET, BY APPLICATION
- Dental products
- Dietary supplements
- Pharmaceuticals
- Others
GLOBAL EFFERVESCENT TABLET MARKET, BY END USER
GLOBAL EFFERVESCENT TABLET MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA