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Drug Price Trends for ANTACID ANTI-GAS MAX STR LIQ
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Average Pharmacy Cost for ANTACID ANTI-GAS MAX STR LIQ
Drug Name | NDC | Price/Unit ($) | Unit | Date |
---|---|---|---|---|
ANTACID ANTI-GAS MAX STR LIQ | 70000-0062-01 | 0.01142 | ML | 2025-01-22 |
ANTACID ANTI-GAS MAX STR LIQ | 70000-0422-01 | 0.01142 | ML | 2025-01-22 |
ANTACID ANTI-GAS MAX STR LIQ | 70000-0062-01 | 0.01160 | ML | 2024-12-18 |
ANTACID ANTI-GAS MAX STR LIQ | 70000-0422-01 | 0.01160 | ML | 2024-12-18 |
ANTACID ANTI-GAS MAX STR LIQ | 70000-0422-01 | 0.01124 | ML | 2024-11-20 |
ANTACID ANTI-GAS MAX STR LIQ | 70000-0062-01 | 0.01124 | ML | 2024-11-20 |
>Drug Name | >NDC | >Price/Unit ($) | >Unit | >Date |
Market Analysis and Price Projections for Mylanta Maximum Strength Liquid Antacid/Anti-Gas
Introduction
Mylanta Maximum Strength Liquid Antacid/Anti-Gas is a leading product in the antacid market, known for its fast-acting relief from heartburn, acid indigestion, sour stomach, and gas symptoms. Here, we will delve into the market analysis and price projections for this product.
Market Size and Growth
The global antacids market, which includes products like Mylanta Maximum Strength Liquid Antacid/Anti-Gas, was valued at USD 7.63 billion in 2023. This market is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2030, reaching nearly USD 10.39 billion by the end of the forecast period[3].
Market Share and Competition
Mylanta is America’s most popular liquid antacid brand and is the top liquid antacid brand recommended by doctors. This strong brand reputation and doctor endorsement contribute significantly to its market share. The product competes with other antacid brands, but its unique coating formula and multi-symptom relief capabilities set it apart[2][5].
Product Features and Benefits
Active Ingredients
Mylanta Maximum Strength Liquid Antacid/Anti-Gas contains aluminum hydroxide, magnesium hydroxide, and simethicone. These ingredients work together to neutralize stomach acid, provide antacid and anti-gas relief, and offer a coating effect that soothes the stomach lining[2][4].
Multi-Symptom Relief
The product relieves a range of symptoms including heartburn, acid indigestion, sour stomach, upset stomach, and gas. This broad spectrum of relief makes it a preferred choice for consumers experiencing multiple gastrointestinal issues[2][5].
Convenience and Safety
Available in a convenient 12 fl oz (355 ml) size, Mylanta Maximum Strength is paraben-free, gluten-free, and sugar-free, making it suitable for daily use as directed. However, users with kidney disease or those on a magnesium-restricted diet should consult a doctor before use[2][5].
Pricing Strategy
Current Pricing
The pricing of Mylanta Maximum Strength Liquid Antacid/Anti-Gas is generally competitive within the antacid market. A 12 fl oz bottle is typically priced between $10 to $15, depending on the retailer and location[5].
Price Projections
Given the expected growth in the antacids market, it is likely that the price of Mylanta Maximum Strength Liquid Antacid/Anti-Gas will remain stable or see a slight increase. Here are some key factors influencing price projections:
- Market Demand: Increasing demand for antacids due to lifestyle changes and dietary habits is expected to support stable or slightly higher prices.
- Competition: The presence of other antacid brands may keep prices competitive, but Mylanta’s strong brand reputation and doctor recommendations could allow for slight price increases.
- Cost of Production: Any changes in the cost of raw materials or manufacturing could impact pricing. However, given the established supply chain and production processes, significant changes are unlikely.
Consumer Preferences and Trends
Flavor Preferences
Mylanta Maximum Strength Liquid Antacid/Anti-Gas is available in Classic (Lemon Mint) and Vanilla Caramel flavors. Consumer preferences for great-tasting flavors are a key factor in the product’s success, and the introduction of new flavors could further enhance market appeal[2][5].
Health Consciousness
The trend towards healthier living and the preference for products that are paraben-free, gluten-free, and sugar-free align well with Mylanta’s formulation. This health-conscious consumer base is likely to continue driving demand for such products[2][5].
Regulatory and Safety Considerations
Safety Precautions
Users must follow the recommended dosage and consult a doctor if they have kidney disease or are on a magnesium-restricted diet. Antacids may interact with certain prescription drugs, so users should also consult a doctor or pharmacist if they are taking other medications[2][5].
Regulatory Environment
The regulatory environment for over-the-counter (OTC) antacids is generally stable, with clear guidelines on labeling, dosage, and safety precautions. Compliance with these regulations is crucial for maintaining market presence and consumer trust.
Key Takeaways
- Market Growth: The global antacids market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- Market Share: Mylanta is a leading brand in the liquid antacid market, recommended by doctors and preferred by consumers.
- Pricing: Prices are expected to remain stable or see a slight increase due to market demand and competitive factors.
- Consumer Trends: Health-conscious consumers and preferences for great-tasting flavors continue to drive demand.
- Regulatory Compliance: Adherence to safety precautions and regulatory guidelines is essential for maintaining market presence.
FAQs
Q: What are the active ingredients in Mylanta Maximum Strength Liquid Antacid/Anti-Gas?
A: The active ingredients include aluminum hydroxide, magnesium hydroxide, and simethicone[2].
Q: What symptoms does Mylanta Maximum Strength Liquid Antacid/Anti-Gas relieve?
A: It relieves heartburn, acid indigestion, sour stomach, upset stomach, and gas symptoms[2][5].
Q: Is Mylanta Maximum Strength Liquid Antacid/Anti-Gas safe for daily use?
A: Yes, it is safe for daily use as directed, but users with certain health conditions should consult a doctor before use[2][5].
Q: How does the pricing of Mylanta Maximum Strength Liquid Antacid/Anti-Gas compare to other antacids?
A: The pricing is generally competitive within the antacid market, typically ranging between $10 to $15 for a 12 fl oz bottle[5].
Q: What are the potential interactions with other medications?
A: Antacids may interact with certain prescription drugs, so users should consult a doctor or pharmacist if they are taking other medications[2][5].
Sources
- Mylanta Maximum Strength Liquid Antacid/Anti-Gas - Mylanta Official Website
- Mylanta Maximum Strength Liquid Antacid/Anti-Gas - Mylanta Official Website
- Antacids Market - Global Industry Analysis and Forecast (2024-2030) - Maximize Market Research
- Aluminum hydroxide - DrugBank
- Mylanta Heartburn and Gas Relief Liquid Antacid - Classic Flavor - 12 fl oz - Target Official Website
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