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Global Antidiarrheals Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

28 Oct, 2021

The antidiarrheal drugs market consists of sale of antidiarrheal drugs and related services. Diarrhea is a disease affecting digestive parts of the body such as stomach, large intestine and rectum, esophagus, liver, gallbladder and pancreas and causes loose, watery bowel movements. Loperamide and bismuth subsalicylate are some examples of antidiarrheal drugs.

Global Antidiarrhoeals Market Size And Drivers:

The global antidiarrhoeals market is expected to grow from $0.14 billion in 2020 to $0.19 billion in 2021 at a compound annual growth rate (CAGR) of 35.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $0.26 billion in 2025 at a CAGR of 8.2%. Rise in the number of diarrhea cases significantly contributes to the growth of antidiarrheal drugs market.

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Trends In The Global Antidiarrhoeals Market

Major companies in the antidiarrheal drug market are merging with other companies in the market to increase their reach and market share. Companies merge with or acquire other companies to expand their market share, diversify their product portfolio, or acquire new technologies. For instance, GlaxoSmithKline agreed to acquire Novartis AG's 36.5% stake in consumer healthcare business for $13 billion with an aim to expand the market.

Global Antidiarrhoeals Market Segments:
The global antidiarrhoeals market is further segmented –
By Drug Class: Mucosal Protectants, Motility Modifying Drugs
By Application: Adults, Children
By Type: OTC drugs, Prescription Drugs
By Geography: The global antidiarrheals market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Report For The Global Antidiarrheals Market At:

https://www.thebusinessresearchcompany.com/report/antidiarrhoeals-global-market-report

Antidiarrheals Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides antidiarrheals market overviews, analyzes and forecasts market size and growth for the global antidiarrheals market, antidiarrheals market share, antidiarrheals market players, antidiarrheals market segments and geographies, antidiarrheals market’s leading competitors’ revenues, profiles and market shares. The antidiarrheals market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.