Hyderabad, India -- (SBWire) -- 01/29/2018 --The report "Antacid Market by submarkets (Chromatography, E-Clinical Trial Solutions, Wireless Health, Healthcare IT outsourcing, Clinical Trial Management Systems(CTMS), Immunoassay, Digital Pathology, Next Generation sequencing(NGS), Proteomics, Antacids with Antiflatulents), Application (Novel dietary fibers), Ingredients (Protease, Modified starch, Food & Beverage Starch, Gelatin, Collagen, Carbohydrase, Food & Beverage Sugars & its substitutes) - Forecast to 2021", The Antacid market is expected to reach USD 5.88 Billion by 2021 from an estimated USD 3.88 Billion in 2016, at a CAGR of 2.5%. The key factors such as better formulation, route of administration growing demand for personalized medicine are driving the growth of this market.
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By submarkets, Chromatography accounted for the largest share of the market in 2016.
On the basis of submarkets such as Chromatography, E-Clinical Trial Solutions, Wireless Health, Healthcare IT outsourcing, Clinical Trial Management Systems(CTMS), Immunoassay, Digital Pathology, Next Generation sequencing(NGS), Proteomics, Antacids with Antiflatulents.
By Application, Novel dietary fibers accounted for the largest share of the market in 2016
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On the basis of Ingredients, the Antacid market has been segmented Protease, Modified starch, Food & Beverage Starch, Gelatin, Collagen, Carbohydrase, Food & Beverage Sugars & its substitutes. It is also expected to be the fastest-growing segment during the forecast period..
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North America accounted for the largest share of the Antacid market in 2016, followed by Europe. The large share of the North American Antacid market can be attributed to the growth in biotechnology and Antacid research grants and funds in the US.
The various players in the Antacid market include First Aid Only, WellSpring Pharm, GSK, Private Lable, Pfizer, Procter & Gamble, Glaxosmithkline, Boehringer Ingellheim Pharm, Novaritis Consurmer Health, Johnson & Johnson among others.
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