NEW YORK, Feb. 7, 2025
NEW YORK, Feb. 7, 2025 /PRNewswire/ -- Report on how AI is redefining market landscape - The global�effervescent tablet market�size is estimated to grow by USD 4.80 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of �8.36%� during the forecast period. Increasing adoption of effervescent tablets among aging population�is driving market growth,�with a trend towards�availability of effervescent supplements for youth and children. However,�high sodium content in effervescent tablets �poses a challenge. Key market players include 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.
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Effervescent Tablet Market Scope
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Report Coverage
Details
Base year
2023
Historic period
2018 - 2022
Forecast period
2024-2028
Growth momentum & CAGR
Accelerate at a CAGR of 8.36%
Market growth 2024-2028
USD 4.80 billion
Market structure
Fragmented
YoY growth 2022-2023 (%)
7.84
Regional analysis
North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution
North America at 41%
Key countries
US, Germany, UK, India, and Japan
Key companies profiled
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.
Market Driver
The Effervescent Tablet Market is witnessing significant growth due to the increasing trend of dietary supplements for overall health. However, market restraints include high production costs and the need for specialized equipment and precise ingredient control. The manufacturing process involves granulation, mixing, tablet compression, and packing. Raw ingredients and equipment are essential, along with personnel and quality control for regulatory compliance. Effervescent tablets offer unique benefits like faster dissolution and improved taste, making them popular for various health issues and demographic groups. Producers focus on vitamins and minerals, functional components, herbal extracts, amino acids, and antioxidants for different indications. Market opportunities lie in catering to various population types, including children for growth and development, older persons for bone health and cognitive function, and adults for pain management, diuretics, and dental products. High production costs due to additional processing steps, such as the effervescent reaction and tablet disintegration, limit market growth. However, the market's wide customer base and product formulation possibilities make it an attractive proposition for pharmaceutical companies. The global market for effervescent tablets is segmented based on method (dry and wet), indication (prescription and over-the-counter), population type (end-user), and product form (solid dosage forms like tablets and capsules). Key contributors include diuretics, analgesics, and antacids. The market's highest contributor is prescription medications, with medical prescription, medical disorders, and long-term treatment being major factors. Healthcare experts, including physicians and specialists, play a crucial role in recommending these products through pharmacies, retail stores, and internet platforms. The market for dental products is also growing due to the need for oral cleanliness and care, with antibacterial agents, fluoride, enzymes, and dental health being key focus areas. The market's future looks promising, with ongoing research and development in the field. (Source: 'Pharmaceuticals' Journal)�
The young population's reluctance to consume nutritious food has led to an increasing demand for easily dissolvable nutraceutical products, particularly in the form of effervescent tablets. These tablets come in various formats, shapes, and flavors, making them an appealing option for the younger demographic. Effervescent vitamin products, such as those offered by Strava Healthcare Pvt., provide a fun and convenient way for individuals to meet their health needs. Additionally, parents are becoming more aware of the nature of vitamin supplements given to their children, leading to a rise in demand for these effervescent tablets.�
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�Market�Challenges
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Segment Overview�
This effervescent tablet market report extensively covers market segmentation by�
1.1�Hospital pharmacy-� The global effervescent tablet market is expected to grow due to the rising prevalence of diseases such as flu and gastrointestinal disorders. This trend is particularly noticeable in the hospital pharmacy segment, which caters to large hospitals and clinics. These healthcare facilities have advanced medical infrastructure and purchase medical products and consumables in large quantities. The increasing number of patients with symptoms like headache, nausea, vomiting, photophobia, and phonophobia will fuel the demand for effervescent tablets. Consequently, the hospital pharmacy segment's growth will boost the overall market expansion during the forecast period.
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Research Analysis
The Effervescent Tablet Market is a segment of the dietary supplements industry, characterized by the production of effervescent tablets for overall health and wellness. The manufacturing process of effervescent tablets involves specialized equipment and precise ingredient control to ensure the effervescent reaction, which sets it apart from conventional solid dosage forms like tablets and capsules. The market faces restraints such as high production costs, additional packaging needs, and the need for specialized equipment. The manufacturing process includes granulation, mixing, tablet compression, and packing, utilizing raw ingredients, equipment, personnel, and adhering to quality control and regulatory compliance. According to a recent study published in the journal 'Pharmaceuticals,' the market opportunities for effervescent tablets are vast, with producers capitalizing on the demand for vitamins and minerals to address various health issues and cater to specific demographic groups. However, the additional processing steps required for effervescent tablets increase production costs, making it a challenging market to navigate.
Market Research Overview
The Effervescent Tablet Market is a significant segment of the dietary supplements industry, offering overall health benefits through the consumption of soluble vitamins, minerals, nutrients, and functional components. The manufacturing process of effervescent tablets involves specialized equipment and precise ingredient control, resulting in additional packaging needs and high production costs. The process includes granulation, mixing, tablet compression, and packing, making it more complex than conventional tablets and capsules. Despite these market restraints, the effervescent tablet market presents numerous opportunities for producers. The growing demand for vitamins and minerals for various health issues, especially among demographic groups like children, older persons, and those with bone health, cognitive function, or chronic disorders, is driving market growth. The unique healthcare benefits of effervescent tablets, such as faster dissolution and pleasurable fizzy solutions, make them a preferred choice for consumers. Market opportunities also exist in the prescription and over-the-counter segments, with indications for various population types, including hypertension, diabetes, cardiovascular disease, and pain management. The highest contributor to the market is the analgesics segment, with popular products like acetaminophen and aspirin offering immediate relief for adults. The market is expected to grow further with the development of diuretics, antacids, dental products, and pharmaceuticals, catering to diverse end-user segments, including hospitals, home care, and specialty clinics. The manufacturing process of effervescent tablets requires a dry method, such as dry granulation or wet granulation, ensuring consistent distribution and a homogeneous mixture. The use of a tablet press and coating technology ensures stability, flavor, and appearance. The global effervescent tablet market is expected to continue its growth trajectory, driven by consumer preferences for taste preferences, such as fruity and citrusy flavors, and herbal alternatives, as well as regulatory compliance and marketing points for specific health benefits.
Table of Contents:
1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation
7�Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 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 ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:�media@technavio.comWebsite:�www.technavio.com/
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SOURCE Technavio
