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INTRODUCTION:
Pharmaceutical market segmentation is the process of dividing a heterogeneous market
into small homogenous markets or segments. The antacid market in India is crowded with
lot of products fighting for their share of the pie. The domestic formulations market for
antacids and anti flatulents is estimated to be Rs.4.3 bn, growing 15% yoy. It is the third
fastest growing therapeutic segment after the diabetic and cardiovascular segment
respectively. The market leader is Digene from Abbot Pharma with a market share of
35% followed by Eno from GSK with 24%, Gelusil with 21% and Pudin Hara with 14%.
Digene is still sold through the ethical route and are available only at the Chemists. Eno
and Pudin Hara are available in all shops since they are ayurvedic products. Globally
antacids are sold as OTC products. The market is expected to grow faster in India
because of the " changed" lifestyle of less exercise and more junk foods.
OBJECTIVE
The antacid anti flatulent market in India is highly competitive with a number of me-too
products. Thus diffrentiation and positiong one’s product is extremly vital for selecting a
target segment, from a marketers point of view.
METHODOLOGY:
This study involved analyzing the antacid antiflatulent market and based on secondary
data.
RESULT AND DISCUSSION:
FORMULATION: Tablets
Capsules
Suspensions
Drops
DEMOGRPAHIC :
ANAESTHETICS: Oxethazine
Eg. MUCAINE ( Wyelth)
Eg. TRICAINE-MPS ( Acumed)
PROKINETICS: Mosapride ( stimulates gastric motility)
Eg. MOZAPLUS (INTAS)
ANTIFLATULENTS: Simethicone
Eg. WINACID ( Uni. Drug)
Formulation based eg. High viscosity- hence prolonged action in the GIT etc
PACK SIZES:
COST
CONCLUSION:
The analysis revealed that market segmentation & differentiation have played an important role in
marketing winning brands. `