Effervescent Products Market | Contrive Datum Insights

Global Effervescent Products Market size was valued at USD 15 billion in 2022 and is projected to reach USD 64.088 billion by 2030, growing at a CAGR of 6.50% from 2022 to 2030.

Effervescent Products Market Overview:

Medications may be administered orally, nasally, topically or intravenously. Tablets are the most commonly used type of pharmaceutical and are considered a problematic procedure by large segments of the population due to swallowing problems. To solve this problem, pharmaceutical companies have developed various dosage forms such as effervescent pills.

These effervescent formulations not only improve acceptance and comfort, but also help pharmaceutical companies expand their product range. Increasing need for formulation optimization in relation to swallowing difficulty is a major factor driving the growth of the effervescent product market. In addition to this, functional foods such as dietary supplements, probiotics, vitamins, minerals, etc. are also fueling the market growth.

Due to the rising number of chronic diseases that make it hard to swallow, there is likely to be more demand for effervescent goods in easy-to-use dosage forms. In order to stay competitive, market players are likely to focus on the pharmaceuticals business. People are also more likely to use health goods like dietary supplements, probiotics, vitamins, and minerals because they have more money and are more concerned about their health. This trend is also helping the market grow.

The growing number of older people with health problems like osteoporosis and other diseases is driving up the demand for effervescent products. This is also true for medicines that have effervescent qualities. Effervescence relieves pain because it can break up gas bubbles in the stomach that cause bloating or indigestion.Effervescent goods are made of water-soluble ingredients and carbon dioxide, which makes them fizz. The product is also known as fizzy pills, fizzy powders of effervescent granules.

Key Market Updates:

• In October 2019, Bayer AG announced the launch of LifeHub UK, which focuses on artificial intelligence to improve data-driven drug discovery and disease diagnosis.
• In October 2019, GlaxoSmithKline Plc announced Benilstar IV, the first biologic treatment for children with lupus, and was approved by the European Commission.
• In September 2019, Recbitt Benckiser Group PLC acquired TerraCycle, entering into a partnership agreement to provide consumers with an easy and free way to recycle consumer packaging. The company is recognized as an international recycling leader.
• In September 2019, Herbalife International Of America, Inc. announced the launch of 29 Casa Herbalife Nutrition programs and a $4 million donation to support nutrition programs.

Major Market Segments Covered in Effervescent Products Industry Research:

Market Key Players:

• Bayer Ag
• GlaxoSmithKline PLC
• Prestige Brands Inc.
• Nuun and Company Inc.
• DMK Group
• Herbalife International Of America Inc.
• Reckbitt Bencksier Group PLC
• Nomax
• Bristol-Myers Squibb Co.
• Hermes Arzneimittel Gmbh
• Pyramid Pharmaceuticals
• Tower Laboratories Ltd
• US Pharma Lab Incorporated
• Nutrilo GmbH
• JW Nutritional Inc.
• Paragon Labs USA and Amerliab Technologies Inc.
• Others

Key Vendors:

1. Bayer Ag: It is a world company whose main areas of expertise are health care and agriculture. All of our goods and services are made to help people and make their lives better. At the same time, we want to add value by coming up with new ideas, growing and making a lot of money.

Our goods help solve some of the world's biggest problems, like a growing population, an aging society, and the need to use natural resources efficiently and as much as possible, in a way that doesn't harm the environment.Specialties include pharmaceuticals, consumer health, crop science, life sciences, research, innovation, sustainability, health care, digital farming, food security and science for a better life.

2.GlaxoSmithKline: PLC Consumer Healthcare, L.P. is a drug company based in the United States at 1000 GSK DR, Pittsburgh, Pennsylvania. They are using science, technology and skill to work together to stop disease.

3.Prestige:  It is now called Prestige Consumer Healthcare, and it is now completely focused on meeting the health and fitness needs of people all over the world. Prestige Consumer Healthcare continues to build on its long commitment of equal employment opportunity and anti-discrimination by consciously and proactively promoting inclusion and equity of people with unique cultural and ethnic heritage, color and backgrounds, gender identification and sexual orientation, and other traits. Through hiring, workplace practices, and employee growth, we try to make it easier for people to learn new attitudes, skills, and talents, especially those that will help them become leaders in the future.

4. DMK Group: The goods made by DMK Group include cheese, dairy products, ingredients, and vegan products, as well as baby food, ice cream, and products made from whey. Consumers at home and abroad trust brands like MILRAM, Oldenburger, Uniekaas, Alete, and Humana. This makes the company a well-known player in its home markets and in certain target markets around the world.

5.Nomax: It is a contract pharmaceutical business that works with the FDA to make innovative niche drugs for patients and other pharmaceutical companies. We are the best at making both prescription and over-the-counter effervescent products.

By Type:

• Pharmaceuticals
• Functional Foods
• Dental Products
• Other

• Pharmaceuticals: Effervescent tablets are used to deliver a variety of medications, including pain relievers, antibiotics, and vitamins. They are often preferred over traditional tablets because they are easier to swallow and dissolve quickly in the stomach. The pharmaceutical segment is expected to dominate the market during the forecast period due to the increasing prevalence of chronic diseases.
• Functional foods: Effervescent tablets are also used to deliver functional foods, which are foods that have been enriched with nutrients or other beneficial substances. Functional foods are becoming increasingly popular as consumers become more health conscious. The functional foods segment is expected to grow at a significant rate during the forecast period.
• Dental products: Effervescent tablets are also used to deliver dental products, such as toothpaste and mouthwash. These products help to clean teeth and gums, and prevent cavities and gum disease. The dental products segment is expected to grow at a moderate rate during the forecast period.
• Other: The other segment includes effervescent products that are used for a variety of purposes, such as energy drinks, sports drinks, and pain relievers. This segment is expected to grow at a slow rate during the forecast period.

By Application:

• Pharmacy
• Drug Store
• E-Commerce
• Hypermarkets & Supermarkets
• Multi-level Marketing Channels
• Other

• Pharmacy: Pharmacies are one of the most common places to buy effervescent products. They offer a wide variety of products, including both over-the-counter and prescription medications. Pharmacists can also provide advice on how to use the products and can answer any questions that consumers may have.
• Drug store: Drug stores are another common place to buy effervescent products. They offer a wider variety of products than pharmacies, including food, cosmetics, and personal care items. Drug stores are also often open longer hours than pharmacies, which makes them convenient for consumers who need to buy products after hours.
• E-commerce: E-commerce is a growing sales channel for effervescent products. Consumers can purchase products from a variety of online retailers, including Amazon, Walmart, and Walgreens. E-commerce offers a number of advantages for consumers, including convenience, competitive prices, and a wide selection of products.
• Hypermarkets & Supermarkets: Hypermarkets and supermarkets are also common places to buy effervescent products. They offer a wide variety of products, including both food and non-food items. Hypermarkets and supermarkets are often open longer hours than pharmacies and drug stores, which makes them convenient for consumers who need to buy products after hours.
• Multi-level marketing channels: Multi-level marketing channels are a less common sales channel for effervescent products. However, they can be a good option for consumers who want to buy products directly from the manufacturer. Multi-level marketing channels offer a variety of incentives for consumers, including discounts, free products, and commissions.
• Other: There are a number of other sales channels for effervescent products, including vending machines, direct mail, and telesales. These channels are less common than the channels listed above, but they can be a good option for consumers who want to buy products at a discount or who want to avoid the hassle of shopping in a store.

By Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Pharmacies
• Online
• Others

By Region:

North America is expected to grow at the highest CAGR during the forecast period. Significant growth in demand for specialty pharmaceuticals is expected to drive the market over the forecast period. Increasing disease incidence and technological advances in dental product production are also expected to drive the market. Market growth in this region is being driven by the United States and Canada. The presence of major automotive companies including Reckitt Benckinser, Nuun, and Herbalife International of America is driving the North American market. Asia Pacific is expected to witness significant growth in the effervescent products market during the forecast period. Growing healthcare spending in emerging economies such as India, Japan, South Korea, China, and Singapore is fueling the market growth in these regions. The growing population along with technological advancements in the healthcare industry are some of the major factors influencing the growth of the effervescent products market in these regions.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
  • Denmark
  • Finland
  • Iceland
  • Sweden
  • Norway
  • Belgium
  • The Netherlands
  • Luxembourg
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Benelux Union
• Rest of Europe
• Asia-Pacific
  • Indonesia
  • Thailand
  • Malaysia
  • Singapore
  • Rest of Southeast Asia
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Global Effervescent Tablet Market Dynamics

Trends

The biggest trend in the Effervescent Products market is that companies are spending more money on research and development.

The top players in the market are focused on making products that are both cheap and high quality so that they can take advantage of the huge untapped possibilities in developing countries. This can be seen in the growing number of new products that are approved and the growing amount of money spent on research and development.

Drivers

More cases of long-lasting diseases

The main thing that will drive the growth of the market will be the growing number of chronic diseases around the world. They are easy to use, and all you need to make a solution is a drop of water. Most of these doses come in the form of a solution, which makes them easier to swallow and faster to absorb than regular tablets. This means that you can feel better faster. They are also available as glucose pills, which give you energy quickly. This is a big help to people with long-term illnesses, which helps the market grow.

More people are aware of health issues.

People are buying more healthy goods like probiotics, vitamins, dietary supplements, and minerals because they are more aware of their health and have more money to spend on themselves. Several market players are taking advantage of this trend by making effervescent products like dietary supplements that help people stay healthy, find out if they are missing any nutrients, and improve their general health and way of life. Functional foods are made by a number of companies, and as customer tastes change, these companies are adding new products in a number of categories. So, this makes the market grow bigger.

Opportunities

Getting more involved in R&D

The huge rise of the market for effervescent products is being fueled by more research and development. A lot of drug companies are working on making new medicines that can help people in a lot of ways, both with their health and with their daily lives. New effervescent goods that can quickly turn into drinks are good for the environment because they reduce the use of plastics and other materials. They also make it easier for people to swallow medicines. Huge investments in new innovative technologies and novel effervescent products are most likely to create several advantages for the growth of the effervescent products market in the upcoming years.

Restraints/Challenges

Costs of making drugs are very high

Huge drug development and research projects cost millions of dollars, which could slow the growth rate of the market for effervescent goods over the next few years. Also, the growth of the market will be limited between 2023 and 2030 by the lack of healthcare facilities and the wide availability of effervescent products in developing countries.

Products that fizz have a lot of sodium in them.

There are effervescent goods with sodium bicarbonate in them that help a solution fizz, bubble, and dissolve. But sodium bicarbonate has been linked to a number of health problems, such as high blood pressure, which can increase the risk of heart problems like heart attacks. So, the main thing stopping the market from growing is the high amount of sodium in effervescent goods, which is also expected to hurt market growth.

Scope of report :

Report Attribute	Details
Study Period	2017-2030
Base Year	2022
Estimated year	2023
Forecast period	2023-2030
Historic Period	2017-2022
Units	USD 64.09 billion
Growth Rate	CAGR of 6.50% from 2023 to 2030
By Type	Pharmaceuticals Functional Foods Dental Products Other
By Applicatrion	Pharmacy Drug Store E-Commerce Hypermarkets & Supermarkets Multi-level Marketing Channels Other
By Distribution Channel	Supermarkets and Hypermarkets Convenience Stores Pharmacies Online Others
By Companies	Bayer Ag GlaxoSmithKline PLC Prestige Brands Inc. Nuun and Company Inc. DMK Group Herbalife International Of America Inc. Reckbitt Bencksier Group PLC Nomax Bristol-Myers Squibb Co. Hermes Arzneimittel Gmbh Pyramid Pharmaceuticals Tower Laboratories Ltd US Pharma Lab Incorporated Nutrilo GmbH JW Nutritional Inc. Paragon Labs USA and Amerliab Technologies Inc. Others
Regional Scope	North America Europe Asia-Pacific The Middle East & Africa Latin America
Reasons to Purchase this Report and Customization Scope	6-month post-sale analyst assistance. 10% Free Customization and 15 Company Profiles in addition to the ones specified

Conclusion:
                  In conclusion, the effervescent products market is poised for continued growth due to the increasing demand for convenient healthcare and personal care products, rising consumer awareness regarding health and wellness, and ongoing technological advancements. While challenges related to regulations and quality control exist, the market's potential remains strong, presenting opportunities for both established players and new entrants in the industry.