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(Medical-NewsWire.com, July 20, 2017 ) The market is showcasing significant potential in the mentioned period. It is thus expected to show significant growth in coming years as a result of increasing number of people being habitual of indulging in improper eating habits and thus facing stomach problems. The number of cases of people falling sick have risen significantly lately.
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Antacid are chemical substances used to neutralize acidity in stomach and treat problems like stomach upset, heartburn and indigestion. In case of excessive secretion of acids in the digestive system, the natural mucous barrier responsible for protecting the lining in the stomach can damage the oesophagus. Increasing cases of stomach problems among people has led to pharmaceutical companies gaining interest in the Antacids market recently.
Antacids directly target the excess acids and get rid of them unlike other medications which reduce or prevent stomach acid excretion. Hence it shows better results compared to other medications. Further, Antacid come either as a chewable gum, liquid or a tablet, thus being easy to use by patients across all age groups. These factors have been driving the growth of the Antacid market lately. On the other hand, there are some restraints that are faced by antacids which include certain side effects like constipation, laxative effect, allergic reactions. Further people with certain medical conditions are prone to adverse effects worsening their health conditions like people with heart conditions may face problems due to high amount of sodium present in Antacids.
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The Latin America market for Antacid is segmented based on applications, submarkets, and ingredients. By submarkets, the market is further segmented into Chromatography, Wireless Health, E-Clinical Trial Solutions, Clinical Trial Management Systems(CTMS), Immunoassay, Digital Pathology, Healthcare IT outsourcing, Next Generation sequencing(NGS), Antacids with Antiflatulents, Proteomics. Based on Application the market is segment under Novel dietary fibers. Coming to ingredients the market is categorized under Protease, Food & Beverage Starch, Modified starch, Gelatin, Collagen, Food & Beverage Sugars & its substitutes, Carbohydrase. Under submarket segment, Chromatography led the market share followed by Clinical Trial Management Systems (CTMS). On the basis of Ingredients, protease leads the market share. Based on geographical analysis, the Latin America market is analysed under various countries namely Brazil, Argentina, Mexico and rest of Latin America.
First Aid Only, GSK, Private Lable, WellSpring Pharm, Pfizer, Procter & Gamble, Boehringer Ingellheim Pharm, Glaxosmithkline, Novaritis Consurmer Health, Johnson & Johnson are some of the major companies in the Antacid market
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