Nutrilo GmbH
The study further signifies that even though North America continues to dominate the effervescent products market, Asia Pacific will offer significant growth opportunity through the forecast period.
Regional Outlook Highlighting Asia Pacific to be a Profitable Market
North America is dominating the global effervescent products market due to large consumer base, high affordability and awareness, and favorable reimbursement scenario. Factors such as technological innovations, collaborations between pharmaceutical and contract research organizations, and growing preventive healthcare industry are some factors driving the expansion of the effervescent products market in Europe.
Asia Pacific is estimated to expand at a significant CAGR during 2019-2029 due to promising demographics, improved healthcare policies, and consistently expanding economies.